German engineering group Siemens today set out ultra-ambitious sales and earnings targets after reporting that operating profit more than doubled in the final quarter to €1.99bn from €749m. Peter Loescher, the new chief executive, said sales would grow twice as fast as the rate of global grow…
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 closure ‘is threat to 2,000 jobs’
THE closure of Electrolux’s North-East factory could put at least 1,500 indirect jobs under threat, unions warned last night. The figure comes on top of the 500 Electrolux staff who face redundancy if the electrical goods company shuts its site in Spennymoor, County Durham.
D&G Announce TEQ Awards Winners For 2007
D&G has announced the winners of its tenth Total Excellence and Quality Awards (TEQ) 2007. Over 3.5m questionnaires have been sent out since the awards began and the survey, believed to be the largest of its kind, has given awards to manufacturers and to independent repairers in white goods, home…
Dyson cleans up with £59m pay package
Bagless vacuum cleaner pioneer Sir James Dyson picked up a £59m salary and dividend payout last year after seeing profits soar by nearly a fifth, it emerged today. The group’s annual report reveals that the inventor awarded himself a £30m dividend on top of his £29m salary following a 9% rise …
Designer Vacuum Cleaner
Electrolux has revealed a special edition vacuum cleaner created by Swedish designer Pia Wallen. Commenting on the influence of its Scandinavian heritage, the manufacturer invited the artist to impose her own interpretation on its Ultra Silencer vacuum machine.
New AGA Range
Aga has unveiled a new Deluxe version of its popular Masterchef product that features a redesigned exterior and ceramic hotplate. Building on the success of the Masterchef, the latest addition to the Aga portfolio has side-opening main oven doors with handy slam catches and a new-look handrail.
Electrolux Warns Of Lowering Profits
Electrolux have a had a load of press this week stating that higher than expected costs in Europe and declining US markets had cast uncertainty over full-year forecasts. Or, in other words, they don’t know how the year is going to turn out for them. The European performance being described by Ele…
Indesit Company See Profits Rise
Widely reported this morning is that Indesit Company said it expects its full year EBIT to reach around 190 million Euros, up from 160 million in 2006, with sales rising about 5% from 2006’s 3.249 billion. The forecasts were included in a slide presentation for analysts after the company earlier …
Vestel To Partner With Whirlpool?
Reuters has reported that Turkish producer Vestel said on Wednesday it would start talks with Whirlpool Europe about a white goods joint venture. Each firm would be to hold an equal stake and Vestel would transfer all its shares in Vestel White Goods Inc. to the new, as yet unnamed, company.
Overloaded Washing Machine Causes Blaze
An expecting mother and her child were led to safety after a fire at their Weymouth home in the early hours of Tuesday morning. The woman needed hospital treatment after an electrical fault sparked a blaze in the washing machine at a flat in Chapelhay. Fire chiefs have warned about the dangers of…