TNT, the Dutch postal operator, will decide within the next 12 months on launching an end-to-end postal network to rival Royal Mail in the UK. Chief executive Peter Bakker said his group believed the UK postal market would not get sustainable competition until private sector rivals ran their own …
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
Turkish Arcelik Buys Chinese Washing Machine Maker
Leading Turkish household appliance maker Arcelik (Beko) said today it had bought a Chinese washing machine manufacturer as part of it strategy to expand in the region. Arcelik was to pay 60 million yuan ($8 million) for Changzhou Casa Shinco Electrical Appliances Co. Ltd, which owns a factory wi…
Haier’s detergentless WasH20 washing machine
Strangely enough this idea is being mooted around yet again that we can have a detergent free washing machine. And, once again, it’s Haier that are telling us that this is possible. We’ve seen these things before, many times and to date not one has ever lived up to the expectations enough to be a…
Homeserve says FY In Line With Expectations Still In Domestic & General Talks
Thomson Financial has reported today that Homeserve said the financial year has started in line with its expectations and it remains confident of continued growth in the current year. In a statement, the company said it continues to perform well and the pipeline of future growth opportunities rem…
LG Electronics New Releases
LG (Lucky Goldstar) have been busy this past while with new products being launched in the Australian market and also in the Middle East. Of interest to us on UK Whitegoods are the new refrigerators and new microwaves.
New gas installer registration scheme for Great Britain
The Health and Safety Executive (HSE) today announced a competition to run a new gas installer registration scheme aimed at beefing-up domestic gas safety standards. The new scheme is set to bring benefits to both gas consumers and gas installers across Great Britain. Health and Safety Minister, …
Indesit Boosted By Rise In Sales
Thomson Financial has reported that Indesit Company SpA said its second quarter net profit increased from a year earlier, as a firm rise in sales offset restructuring costs, coming in in-line with analysts expectations. Net rose to 11 mln eur, up from 7 mln in the second quarter of 2006, while EB…
Kesa acquires Spanish electrical retailer
Kesa Electricals, who own Comet in the UK, has signed an agreement to acquire Electrodomesticos Menaje Del Hogar Sociedad Anonima (“EMH”), a Spanish specialist electrical retailer, from funds controlled by Impala Capital Partners and the Perez family. The consideration is €100 million in cash…
Kesa sales boosted by French stores
Kesa Electricals, the retailer that owns the Comet chain, this morning reported better than expected second quarter sales figures after more people snapped up fridges and washing machines. Shares in Kesa rose by 4pc to 335p in early trading as the market reacted positively to the update.
Royal Mail strike gets under way
The first part of the two week campaign of staggered strike action throughout Royal Mail is under way. Each division within the firm has been allocated a different day to strike, in a move designed to cause continuous disruption throughout the period. Union members are protesting about pay and jo…