Indesit is considering acquisitions in China, India and the United States in order to expand internationally and take advantage of the strong euro the La Repubblica newspaper reports. In a report mostly citing analysts, the newspaper said CEO Marco Milani is considering a marketing campaign to bo…
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
Whirlpool Signs Deal With Hisense In China
Whirlpool and Chinese conglomerate Hisense have formed a joint venture to serve the vast consumer market in China which was announced on Monday. The 50-50 joint venture was formed “for the delivery of new world-class and innovative appliances to consumers in China,” they said in a statement.
F&P Taking Over Whirlpool’s Reynosa Facility
Fisher & Paykel Appliances announced plans last week to consolidate its three manufacturing operations in California, Australia and New Zealand into the Reynosa factory, which includes two buildings with more than 350,000 square feet combined. The company should retain much of the workforce. …
Whirlpool Cuts Earning Forecast As Costs Rise
Whirlpool has reported a 20 percent drop in first-quarter profit today on declining U.S. sales and rising oil and steel costs, and as a result has cut its full-year earnings outlook.
LG To Hike Prices In India
LG Electronics, the Korean consumer durables and electronics major, would look at increasing prices of its top end refrigerators and washing machines by around three per cent due to the hike in steel and oil prices, primary components for refrigerator and washing machine manufacturing. Whilst no …
Fisher & Paykel To Shed 1070 Jobs
New Zealand upmarket whitegoods manufacturer, Fisher & Paykel Appliances, shares jumped almost 12 per cent on Thursday after the company announced plans to lose 1070 workers and shift production to Italy, Thailand and Mexico. In addition to closing its Brisbane plant which gave it the biggest…
LG Set Out High End Strategic Appliances
LG Electronics showcased what it calls “strategic washers” as well as fridge freezers at the world’s biggest annual kitchen show to appeal to consumers with high-purchasing power. The Kitchen & Bath Industry Show runs for three days in Chicago, with some 900 manufacturers of home appliances f…
Fisher & Paykel Introduce The CoolDrawer
Fisher & Paykel have unveiled what they say is a world first, a fridge freezer that follows the design of their DishDrawer dishwasher, called the CoolDrawer. Fisher & Paykel chief executive John Bongard said the key to the CoolDrawer was its flexibility. Like the DishDrawer, the new 900mm…
Electrolux Jobs To Go In Sweden
Electrolux has said it plans to cut 129 jobs at its factory in Mariestad, Sweden. The company has notified authorities and will start union negotiations shortly, spokesperson Anders Edholm said in an interview.
DSGi Gets Tough On ”Partners”
The Dixons Group (Currys, PC World, Dixons, Pixmania and others) have warned suppliers to deal with firm globally and across all channels, or they will be removed from stores. Strong words indeed. DSGi has publicly laid down the gauntlet to its partners, with the retailer’s head of international …