Category: Appliance

LARGE divisions of Boxclever, the television rental company at the heart of German bank WestLB’s financial crisis, were plunged into administration today in a further blow to the reputation of former City wunderkind Robin Saunders.

AROUND 50 independent service engineers who are owed around £250,000 for work carried out on behalf of Powerhouse are to meet the store group’s new management.

SEOUL (Dow Jones)–The Australian Customs Service has found that South Korean-made washing machines by Samsung Electronics Co. (Q.SSE) and Daewoo Electronics Inc. were exported at below domestic market prices and have caused “material injury” to its industry

Fresh questions emerged this weekend over a flow of deals prior to the collapse of PowerPlan, the failed warranty firm linked to PowerHouse, the UK’s biggest independent retailer.

WELLINGTON (Dow Jones)–Pacific Retail Group Ltd. (A.NLL), a New Zealand electronics and appliance retailer, said Friday its Chief Executive Peter Halkett has moved permanently to the U.K. to manage Powerhouse, an electrical goods seller that Pacific Retail bought earlier this month.

The Electrolux Group plans to buy out its joint venture factory in Changsha, capital of Hunan Province, this year as part of the Swedish company’s program to turn the plant into its global production base.

AHMEDABAD: Indian consumer durables maker Godrej Appliances Limited is all set to take on MNC durables makers on foreign lands. The company is taking the Godrej brand of refrigerators and washing machines global this fiscal year with a foray into Sri Lanka planned for the third quarter of 2003-04

CONCORD — Five people were taken to NorthEast Medical Center after an accident involving a high-tech washing machine being installed in a nursing home

Furious customers who bought electrical goods from the former ScottishPower retail chain besieged the liquidators of failed warranty firm PowerPlan last week after all repairs were suspended.

Many of China’s leading washing machine makers have been bought out or gone bankrupt in recent months, confounding expectations the mainland’s low-cost manufacturers would become dominant international players.