COMET owner Kesa Electricals has posted maiden full-year profits of £202.7 million, but warned of continuing uncertainty in its core markets. The company, which demerged from B&Q owner Kingfisher in July, said revenues improved in the second half of the year and this had continued since…
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LG Product Recall On Dishwashers
LG have issued a product recall on some of their dishwashers due to a small muber of cases where a component failure can cause the appliance to overheat and smoke from the door handle.
Dixons jumps on the back of Kesa’s fortunes
HOPES that Dixons Group is experiencing a strong finish to its fourth quarter were given a boost by forecast-beating full-year figures from the rival Kesa Electricals.
Hotpoint Changes Its Image
In case you missed it this is Hotpoint’s new logo, which runs with the tagline “Designed for the real world”. The logo and new image was recently launched on the 16th of March by Marco Merloni, the CEO of Merloni Elettrodomestici the parent company of Hotpoint at a presentation in London for deal…
Zanussi ”Timeline” Campaign
The Electrolux Group are launching a £3 million national advertising campaign for Zanussi products from the end of April.
CDSL Appoint New Area Manager
CDSL have announced that they have appointed a new regional manager to liase and work with their service partners in the North of the UK.
Foreign home appliance giants in price wars in China
Recently, with Japanese and Korean home appliance giants taking the lead, foreign brands took frequent moves in the Chinese washing machine market, staging an unexpected low price attacks.
Sharp Develops Disposed Washing Machine Tank Dismantlement
Tokyo (JCNN) – Sharp has developed an apparatus for collecting plastics from dismantled disposed washing machine tanks.
MERLONI ELETTRODOMESTICI, NET PROFIT 126 MLN, DIVIDENDO 0,361
Milan, 23 March – Merloni Elettrodomestici closed their 2003 consolidated balance with a net profit of 126 million euro (+16 percent, compared to 108 million in 2002) and the board of directors will propose to the shareholders assembly to distribute a dividend of 0.361 euro for ordinary shares, a…
DASA Moves Forward
As anyone that attended the DASA meeting yesterday will be aware that there are major changes now happening within the organisation and that Chris Hayter, the long time director of DASA is to step down from that role and accept a more relaxed role as a consultant within DASA from this point onwards.