Euronics Not So Gloomy About Current Market

EURONICS International, Europe’s biggest buying group in the consumer electronics (CE) market, achieved sales worth EUR 14.4 billion in the past financial year. Thus the co-operative partnership recorded significant 14.3 percent growth in 2008. By contrast, the European market as a whole contract…

Best Buy Launches UK Website

As expected the war has begun as Best Buy start ramping things up for their UK launch early next year and, as a part of this plan, their UK website has been launched. Well, not really launched as such, more a kind of calling card that says, we’re coming.

Fagor Brandt Workers On Strike

French press reports that Fagor Brandt (Fagor, Brandt, De Dietrich & other brands) workers have gone on strike in a dispute over pay for night shift allowances but it would appear that more is involved. Although reports are sketchy the stop appears planned for Wednesday morning, 30 workmen of…

LG Launch 11Kg Load Washing Machine

Since it seems we’ve done the “mine’s bigger than yours” spin speed race to death the battle in who can have the largest load capacity in a front loading washing machine seems to be the new latest fad. Of course, as we’ve said in the past, often all is not as it may first appear, as explained in …

Trouble At PJ Hopkinsons

£3m pumped into PJH as housing collapse hurts The slump in the housing market has slashed profit and sales at Bolton-based kitchens and bathroom distributor PJH Group Ltd. The Taiwanese-owned company saw pre-tax profit fall by 33.9 per cent to £6.6m in the year to December 2008, while…

A Fridge The Uses Less Electricity Than A Light Bulb

An Australian inventor, Tom Chalko, has converted a deep freezer into an incredibly efficient refrigerator. Although not a new idea to have a fridge in this sort of format as we’ve seen fridges in a “drawer” format before and, before the global economy collapsed, F&P were intending to launch …

LG Aims For Top Slot In Europe

Reuters have reported that LG Electronics aims to boost its appliance sales in Europe by 10 percent annually in the coming years and become the global number one in refrigerators and washing machines by 2012. LG also said on today that it planned to increase its European market share in refrigera…

Isobutane Gas Suspected As The Cause Of Fridge Explosions

Widely reported this morning is that some fridge explosions are believed to have been caused by leaks of ‘environmentally-friendly’ coolant although this does seem unconfirmed at this point. It is believed that four similar explosions have been reported in the last three years in the UK, two of t…

Fagor Loses €8.57M

Fagor Group is reported to be undergoing extreme difficulty, it registered during the first quarter of the year losses of €8.57 million against the 164,000 Euros of gross profit that it obtained in the same period of 2008. The accounts sent by the company to the National Commission of the st…

Aga Buys Mercury Appliances

Aga Rangemaster, maker of upmarket cookers and kitchen ranges, has agreed a deal to buy a rival cooker maker. The Leamington company has bought the business and principal assets of Mercury Appliances, the domestic range cooker manufacturing arm of Lincoln-based Lincat.