Supermarket chain Asda has been forced to recall some 300,000 microwaves after complaints of overheating.
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
Vestel Elektronik Rating Cut To ‘B2’ By Moody’s
Forbes has reported that Moody’s Investors Service downgraded the ratings of Vestel Elektronik Sanayi ve Ticaret AS to ‘B2’ from ‘B1’, citing its concerns regarding the challenges the Turkey-based company faced in improving its operational performance and restoring profitability.
LG Sued Over Mouldy Washing Machines
We have heard today about a class action filed against LG. It relates mold and mildew in some front loading LG washing machines sold in the United States.
Fagor Tries To Go Green
Fagor America, makers of major appliances and cookware, has redesigned www.fagoramerica.com with a new “green” focus that reflects the company’s revamped corporate image with a green tinge to it. In the revamp Fagor tells us that it has developed environmental conscious policy for its products.
Liebherr Plans Luxury Fridge For The US Market
Liebherr, the German manufacturer of premium built-in, freestanding, and fully integrated refrigeration and wine storage units, announced that it will introduce its first 36-inch refrigerator, specifically designed for the U.S. market, at the Kitchen/Bath Industry Show in April. The 2062 series, …
Comet owner sells French chain
Electricals retailer Kesa, which owns Comet in Britain, is selling its French BUT chain in a £410m private equity deal. The buyer is Decomeubles Partners SAS, a company backed by a consortium made up of Colony Capital, Goldman Sachs and Merchant Equity Partners. The deal is expected to be c…
BSH Records Double-Digit Growth in 2007 In US
As the only manufacturer in the United States with four premium brands – Bosch, Siemens, Thermador and Gaggenau – BSH Home Appliances Corporation, North America today announced that it has seen double-digit sales growth in 2007. In fact, the leading appliance manufacturer has shown record growth …
Indesit To Bid For Little Swan
Rueters have reported that Indesit is considering making a bid for a stake in Chinese washing machine maker Wuxi Little Swan after news that Swan’s main shareholder was planning to sell it (as we reported in an article on January 22nd) a source close to the matter said on Friday. Indesit has been…
Beko Snaps Up Grundig
Turkish Koc Group has acquired Grundig, the electronics company symbol of the German revival of the period after the World War II. The group has controlled since 2004 the historic company through company Beko, in partnership with British Alba, now it has acquired 100 pct. of the company, it was r…
Whirlpool & LG Spat Over Patents
Whirlpool filed a patent infringement suit against LG Electronics refrigerators a while back that are sold in the United States as the two battle for the premium U.S. appliance market. South Korea-based LG denied the charge on Thursday, adding the company would “actively” respond to Whirlpool’s a…