Distribution heavyweight Waterline is set to take itself off the AIM stock exchange following a year of bad results as the market downturn begins to bite. Shareholders agreed to cancel the admission to AIM at a meeting held on November 10 and it is expected delisting will take on or around Decemb…
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
Bosch jobs threat ‘devastating’
An announcement that 250 jobs could go at the Bosch factory in south Wales has been described as a “devastating blow” for the area. The company has blamed a 30% drop in orders for the alternator plant at Miskin near Llantrisant, south Wales.
Hoover Confirm 337 Jobs To Go At Merthyr
Hoover Candy have confirmed that up to 337 jobs will be lost at their facility at Merthyr Tydfill. Unions have held crisis talks with managers at the Hoover headquarters in south Wales after Candy (who own Hoover) announced up to 337 manufacturing jobs could be lost. The company, which makes wash…
Currys, Comet & Others Hit With Credit Insurance Woes
Both Currys (Dixons Stores Group) and Comet (Kesa Electricals) have been hit with bad news about their credit insurance in the past few days but these are only the headline grabbing names that are affected by this trend. Much debt to companies, especially for large amounts, are insured against ri…
Ralph Halford
It with sadness that we have to report that Ralph Halford, the long time administrative engine of DASA (Domestic Appliance Trade Association) has died. Many of us knew Ralph from DASA meetings stretching back many, many years and we would all like to offer our deepest sympathies.
Beko Profits Suffer Downturn
Leading Turkish white goods maker Arcelik who trade as Beko in the UK have posted a huge fall in third-quarter consolidated net profit to 240,000 Turkish lira (£95,000) on Tuesday, due to the impact of the global financial crisis. In the same period last year Arcelik, partly owned by Koc Ho…
DSG Sells Off European Operations
DSG International, the owner of Currys and PC World, has put its loss-making central and eastern European operations up for sale, it has been reported. The electricals goods retailer has decided to offload its Electroworld chain as part of a wider restructuring by new chief executive John Browett.
Concern For Jobs At Hoover
The BBC has reported that concerns have been raised about the possibility of job losses at the head office of Hoover in Merthyr Tydfil. Welsh Assembly Member Huw Lewis says he understands an announcement will be made soon on a plant employing 500. Hoover makes washing machines and tumble driers i…
Ebac To Manufacture Fridges In The UK?
It has emerged that Ebac, the cooler and dehumidifier manufacturer, is planning to move to £7m facilities to make its own fridges, if planners give the go-ahead for a new Tesco supermarket on its current factory site. Ebac is applying to Wear Valley District Council for planning permission …
Vestel/Whirlpool Joint Venture Off
The Harriyet Daily News has reported that the deal between Whirlpool and Vestel’s joint venture to produce appliances is off due to the global crisis. It would appear that many companies are becoming a lot more cautious given the current financial climate.