Worcestershire ceramic hob manufacturer, Ceramaspeed, which employs 300 people has gone into administration. Ceramaspeed, based in Kidderminster, had seen its market decline over recent months, administrators Grant Thornton said in a statement.
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
Midea to Wholly Control Royalstar
Midea Electric Appliances Co., Ltd. the home appliance maker based in China, announced lately that it planed to buy a 25% stake in the Hefei-based washing machine maker Hefei Royalstar Washing Machine Co., Ltd. (Royalstar). It is an effort to boost Midea’s white goods business. In detail, the com…
Morgan Stanley Says DSG & Comet Likely to Suffer
According to city analysts Morgan Stanley this morning, Marks & Spencer Group Plc, Kesa Electricals Plc and DSG International Plc are the U.K. retailers “most likely to disappoint” this Christmas as earnings come under pressure from lower sales and increased discounting.
Electrolux Review Distribution
Electrolux has launched a review into the viability of its finished goods warehouse and distribution centre in Spennymoor, County Durham, which employs 23 people.
BDC In Administration Among Many Others
Administrators for electrical distributor Bridisco Group have written to retailers telling them to pay ‘in full’ for new goods regardless of anything they might be owed. Ernst and Young the administrators for the group, also known as the British Distribution Company (BDC), wrote to suppliers on 2…
MFI Death Throes & Protests
Local contract fitters for furniture retailer MFI yesterday held a protest outside the firm’s Norwich store amid claims the company has failed to pay them for six weeks. Around 40 Norfolk-based sub-contractors for the firm, which was last week placed into administration, claim thousands of pounds…
Fear For Electrolux, Servis & Other Jobs Voiced In Italy
Over the next two years some 900,000 jobs could be lost in the industrial, manufacturing and construction sectors, Italy’s second biggest trade union CISL warned on Tuesday. In its Industry Report 2008, the CISL said that in the past two months there had been a steep increase in the number of ent…
Listeria warning over chilled foods
A doubling in the cases of the potentially fatal bug listeria has prompted a warning about chilled, ready to eat food. The Food Standards Agency (FSA) said the latest figures show 400 cases a year, double the number seen in 2001 and a rise of a fifth in the past 12 months.
GE Not Up For Sale Anymore
General Electric has put the sale of its consumer appliances unit on hold after Haier, China’s largest maker of home appliances, decided not to bid for the unit until clear signs of a US market recovery emerged, sources close to the developments said.
MFI In Administration – Again
Furniture, kitchen and appliance retailer MFI has gone into administration citing falling demand for big ticket items, cash-flow problems and the withdrawal of credit. Some stores will continue to trade, but 26 will close. Existing orders will be either met or refunded, MFI have said this evening.