Electrolux to ink direct selling deal with Kinetic arm

Home appliances firm Electrolux Kelvinator Ltd is set to enter into a nationwide tie-up with Kinetic Engineering Ltd’s direct selling arm, Kinetic Marketing & Services. To begin with, the alliance will be used to sell EKL’s microwave ovens. Under the arrangement, KMS will earn profit margins …

Union loses bargaining fees case

Employers and the federal government have scored an historic victory after the High Court ruled a union could not levy bargaining fees on non-union workers as part of their workplace agreement. The full bench’s six-one decision in the Electrolux case is a savage blow to the union movement’s effor…

Elextrolux moves out AC plant to China

Electrolux India, the manufacturers of home appliances would be shifting the manufacturing of 1.5 tonne split air-conditioners from its plant in Uttaranchal to China to take advantage of low raw material costs, Ashish Bhatnagar, product head, Airconditioners, Electrolux India has said.

Electrolux Named One of World’s Top 20 Sustainable Stocks

For the third straight year Electrolux Group (Nasdaq:ELUX) has been named to the Sustainable Business SB20 listing of the world’s top 20 sustainable stocks published by The Progressive Investor newsletter. The SB20 is chosen by an expert panel based on financial strength combined with an analysis…

Vacuums Come Out of the Closet

An editor for a national magazine that helps define and dictate the next big trends in interior design has it in her own well-accoutered home. Top interior designers on both coasts have placed it alongside gorgeous Hermes throws, custom furnishings and exotic floorcoverings. Beverly Ellsley, a le…

Electrolux Homes to showcase product range

AS part of its growth and development strategy, home appliances company Electrolux Kelvinator Ltd plans to open exclusive retail outlets which will also act as experience centres, as well as introduce and nurture new product categories in the Indian market.