Electrical goods retailer Kesa Electricals Plc which trades as Comet in the UK have posted a 71 percent fall in first-half retail profit, halved its dividend and said trading was set to remain tough, sending its shares 11 percent lower. Chief Executive Jean-Noel Labroue forecast “a very difficult…
Category: Domestic Appliance News
Domestic Appliance News
All the latest general news from the domestic appliance industry that we find all over the world, and stories that are of interest to the trade and public, often with our own unique non-politically correct spin on it.
We cover almost anything interesting to do with appliances or that affects the industry, including new product releases, scandals, recalls, mergers, takeovers and all the other juicy appliance news from around the world.
If you have a story to share, please let us know or contact us on admin@ukwhitegoods.co.uk or contact Kenneth here
Kuppersbusch Wins Retraction
Stories questioning the future of Kuppersbusch have circulated since incorrect claims appeared in sections of the German press. The reports in question stated that Kuppersbusch was going out of business, but it is understood that the publications involved have agreed to publish retractions and ap…
KBB Businesses Go Into Meltdown
As we have been saying on UK Whitegoods for some weeks, if not months, it would appear that with the slowdown (or dead stop) in the housing market that many kitchen, bedroom and bathroom (KBB) businesses that companies that major in that arena are dropping like the proverbial flies. News keeps re…
Rangemaster To Shed 80 Jobs
Employees at Rangemaster in Leamington face an uncertain Christmas after it was announced 80 jobs will go. The management of the firm have outlined 80 redundancies at the Clarence Street factory which come after the group announced a 15 per cent reduction in orders in October.
Currys Boss Says No Profit For Years
John Browett, the chief executive of DSG International, Britain’s biggest electrical goods retailer, has admitted to staff that it will take four years before the group recovers to pre-recession levels of trading. The bleak assessment and news of management consultant Accenture’s involvement with…
Dyson Takes Samsung To Court
Samsung has come up with a three cyclone cleaner which Dyson Technologies is trying to block before it comes on the market. Dyson, with its trademark clear bin and double cyclone, has become the largest manufacturer of vacuum cleaners in the world with a 30 per cent share of the global market.
Capita Launch The Gas Safe Register To Replace CORGI
Capita’s “Gas Safety Register” scheme replaces CORGI’s registration scheme from April 1, 2009, and installers will need to be registered on the scheme to operate legally. Installers can visit the scheme’s new website www.gassaferegister.co.uk launched a few days ago, and from January 19 CORGI reg…
Comet Shares Up, Sales Down
It is reported today that analysts expect news of the worst underlying sales performance in more than a decade at Comet, when the parent company, Kesa, posts its interim results tomorrow. Credit Suisse expects the UK division to register a 13 per cent fall in like-for-like sales for the second qu…
Electrolux Cuts Costs Due To Reduced Demand
As a result of weakening demand for appliances in the two last weeks of November and in December, Electrolux will not reach its outlook for the full year of 2008. In light of the sharp market decline, Electrolux is reducing the number of employees by more than 3,000 in the fourth quarter of 2008 …
Gorenje Warns of 2008 Profit Loss
Slovenian household appliance maker Gorenje said that 2008 group net profit could be below the forecast of €26.5 million by one third due to the global financial crisis. “The negative effect of numerous cancellations of orders in the last weeks and other foreseen negative factors might reach…