More detail is slowly emerging about the collapse of Servis UK in Birmingham. The struggling company called in the receivers after the parent company, Antonio Merloni, entered into effective administration under the Italian Marzano’s Law earlier this month which allows the company to continue to …
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
Electrolux President Hans Straberg’s Comments On The Third Quarter 2008
The financial crisis has without a doubt affected the consumption levels of appliances. Many consumers are postponing their purchases or choosing less expensive products. And there’s no evidence that the weak market developments will turn around in the near future. In spite of this headwind, we a…
Whirlpool To Cut 5000 Jobs!
Whirlpool says it’s cutting about 5,000 jobs this year and next due in large part to the long downturn in the U.S. housing market. A company spokeswoman says the layoffs will likely include the Tulsa plant where about 1,300 employees make kitchen range cookers.
Indesit Profits Drop 25%
Indesit have posted a 24.7 percent fall in third-quarter net profit on a consumer slowdown and currency volatility and warned of a “difficult” last quarter leading to lower sales for the year. Indesit, which makes appliances under Hotpoint, Scholtes, Ariston and Indesit labels, said in a statemen…
First Time Lucky For White Goods Winners At The 2008 TEQ Awards
Domestic & General have announced the winners of their 2008 Total Excellence & Quality (TEQ) Awards, with first place in the main and low volume categories going to first time winners from Scotland.
LG Wins Patent Battle With Whirlpool
South Korea’s second-largest consumer electronics maker, said Monday a U.S. federal judge has ruled in its favor in a patent lawsuit brought by U.S. appliance maker Whirlpool Corp. The U.S. Court of Appeals for the Federal Circuit upheld a lower court’s ruling on October 10, ending a five-year pa…
Recession Sends DSG Sales Down 7%
DSG International (Currys, PC World and Dixons) have reported a sales plunge of 7% on a like-for-like basis today and confirming it will not be making a profit in the first half of the year. DSG chief executive John Browett said that, “˜Consumer confidence has significantly deteriorated par…
AGA Rangemaster Report 15% Drop In Sales
Which? have reported that AGA Rangemaster have reported a 15% drop in sales over last year. It has also been widely reported that the sales of washing machines, fridge-freezers, tumble driers and other large domestic appliances in general are also at threat, as the decline in home sales reduces t…
MFI Confirms Agent’s Bills Will Not Be Paid
The whole story with MFI and their administration, management buyout and parts collapsing is utterly bewildering and holds more twists than an old Hitchcock movie. After weeks of drawn out speculation and no-one really knowing where they are with MFI it would appear that in a letter emailed to ag…
Antonio Merloni On The Brink Of Bankruptcy?
Italian whitegoods manufacturer Antonio Merloni is on the brink of bankruptcy after applying for government protection by going into administration under a process know as the Marzano Law ““ an equivalent to the US Chapter 11 or UK administration. Antonio Merloni manufactures products under…