Category: Appliance

Although Mitsubishi Electric Corporation doesn’t sell large appliances in the UK it is interesting that it plans to terminate its washing machine business, which started in 1956. Production will be terminated in October 2008, with marketing slated for termination as soon as it runs out of invento…

The BBC and others have reported this morning that shares in American International Group (AIG), the world’s largest insurance firm have fallen 18% to $23.84, their biggest fall in more than two decades. It had reported another quarterly loss as profits were wiped out by writedowns on mortgage-re…

It has emerged that there is yet more bad news for beleagured British electrical retailers today, when it emerged that French retail giant Casino is entering the UK internet market. Casino plans to launch its electricals-led cdiscount.com with cut-price goods offered at between 20% and 50% off co…

The Guardian has reported that extended warranties sold with electrical goods look as they will fall under fresh scrutiny by consumer rights activists and the Office of Fair Trading. The Consumer Protection from Unfair Trading Regulations – which came into force because of an EU directive at the …

Space Kitchens have gone into administration and been bought over by double glazing giant Weatherseal. The new owners say they will assume responsibility for all existing contracts and warranties. Scot Brian Kennedy, who is worth £250million, was a director of Latium, Weatherseal’s parent c…

Homeserve, the home emergency service provider, has been awarded a three-year contract by RBS Insurance to manage the insurer’s contents validation hub for all claims made on high street commodities including electrical and electronic equipment. The Homeserve service is expected to save insurers …

Turkey’s Koc Holding AS’s first quarter’s consolidated net profit fell 57.2% to 206.282 million new Turkish lira (approx. US$165.82 million. Koc Holding are the owner of the Arcelik company and the company sells appliances in the UK under the Beko and Flavel brand names.

Confidence in the euro-zone economy dropped in June to its lowest level in nearly 5 years. The European Commission’s economic sentiment indicator for the 15 countries that use the euro fell 2.5 points to 94.6 “” the lowest point since August 2003, when the indicator stood at 93.4.

We often hear that cleaning detergents used in washing machines and washer dryers cause people to have skin problems and, for many years, we have been telling people that this just isn’t the case. A few days ago The Times reported that scientists have no proven that this is in fact the case. The …

We have received notification that troubled internet and high street retailer, Biasco has been acquired by RTD Limited an online retailer base din Hornchurch, Essex. We reported that Biasco had entered into administration last week in our story