DSG to test ‘bigger, better Currys’

Property Week reports that DSG International is to introduce a new format to the UK, which will be similar to its eastern European Electro World brand. The retailer, known in the UK for its Currys and PC world stores, is planning to trial a new format in an existing store in the UK and aims to be…

LG, Electrolux & Others In the Running To Buy GE Appliances

General Electric has today named LG Electronics as a contender to buy its appliance business, which is valued at $4-$8 billion, along with China’s Haier Electronics Group Co Ltd, Mexico’s Controladora Mabe and Turkey’s Arcelik (Beko in the UK). Major Asian appliance makers have been cited as like…

Indesit Moves Peterborough Production To Poland

As previously reported, Indesit Company, is reported to be moving a substantial part of its production to Lodz, central Poland from Peterborough in England. Some 400 employees of the Indesit owned factory based in Woodston near Peterborough Which produced Hotpoint refrigerators have received…

Report Proves Washing Powders Do Not Cause Skin Problems

We often hear that cleaning detergents used in washing machines and washer dryers cause people to have skin problems and, for many years, we have been telling people that this just isn’t the case. A few days ago The Times reported that scientists have no proven that this is in fact the case. The …

Indesit To Close Hotpoint Peterborough

More than 420 workers stand to lose their jobs following the decision to close the Peterborough factory making Hotpoint and Indesit fridges. Indesit says the closure of the complex in Peterborough has been prompted as there has been a decline in the market for fridges across the UK. Although trad…

GE To Sell Off Appliance Division?

Bloomberg and other have today reported that General Electric have been said to perhaps be selling or seeking a partner for the unit that makes refrigerators and washers, ending more than a century in an industry. GE, the biggest maker of appliances for new U.S. homes, hired Goldman Sachs Group I…

DSG To Axe Up To 400 Jobs

As was reported in the Rumour Mill Forum a few days ago it seems to be confirmed by a report in the Times that DSG is to shed up to 400 jobs at its head office. There are no reports of further cuts at present. The new chief executive of DSG International (Currys, Dixons, PC World, Pixmania) is ex…

LG & Whirlpool Spat Update

Suits and counter suits between Whirlpool and LG Electronics are mounting in a Delaware district court here over alleged refrigerator patent infringements. In the latest round of legal wrangling, Whirlpool has added four more patent violations to an existing suit in which it is seeking injunctive…

Indesit Launch Smart Cards For Appliances

We’d heard the rumours that this was going to happen and, it appears, that the rumours were in fact true yet again. Indesit have launched “smart cards” to reprogram their appliances which include washing machines, washer dryers, dishwashers, cookers and some refrigeration products. Indesit states…