Slovenian appliance maker Gorenje has unveiled the most expensive fridge in the world designed for those to whom money is no object. The £10,000 fridge-freezers, the range is named “The Eye-Catchers”, of which there is 10 models available, are studded with 7000 Swarovski crystals, to make…
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
Bosch Fridge Advert Gets The All Clear From The ASA
A national press ad, for fridge freezers, stated “If the thought of ever doing this again makes you shiver… Bosch frost-free fridge freezers.” The ad featured a picture of a basin filled with ice in front of an open freezer door. On the floor, beside the basin, was a hairdryer. Six readers comp…
Fisher & Paykel, Profit Warning, Stocks Down And Job Losses Announced
It has been widely reported in the Antipodean press today that home appliance maker Fisher & Paykel have lost 5.1 percent to NZ$3.90. The company has also warned at its annual general meeting that net profit for its 2007 year is likely to be at the lower end of its NZ$75 million to NZ$80 mill…
Daewoo Up For Sale?
Reported this morning from various primarily Indian sources is that Daewoo is up for grabs and Videocon is favourite contender to emerge thus far to potentially acquire the South Korean consumer goods giant Daewoo Electronics with a bid of $650 million.
The end is nigh for MFI
Furniture business MFI confirmed today it was considering an offer for its troubled retail arm. The company, which has around 200 outlets, said the terms being discussed with a private equity bidder involved a nominal sum as well as future cash contributions from MFI.
BSH Home Appliances “excited’ about prospects in Asia Pacific
German based BSH Home Appliances Sdn Bhd, which opened its office in Malaysia last month, is projecting RM50 million sales per annum within the next three to five years. BSH aims to garner 30 per cent market share of the front-loading washing machines in the country within the period.
Chinese Fridge Maker Reports Wider Loss
Chinese refrigerator maker Guangdong Kelon Electrical Holdings Co. Ltd. said Monday its net loss for the year sharply widened to US$472 million (euro370 million) partly due to substantial bad debts. The company, whose Hong Kong-listed shares have been suspended since June 2005, posted a net loss …
MFI in talks over retail arm sale
MFI has confirmed it is in talks with Merchant Equity Partners (MEP) about the possible sale of its retail arm. The furniture business, which has about 200 stores, said the deal involved the payment of a nominal sum and future cash payments from both MFI and MEP.
ServicePower says to supply online booking service to ESI
ServicePower Technologies PLC said its Field Service Solutions Division, has agreed to provide web-based management applications to E&S International Enterprises, although no financial details were disclosed.
UK Whitegoods’ Petrolheads Win… Again!
Once again UK Whitegoods member Rick Lawrence from RDS in Newbury along with Roger Lovecock from BB Bikeshop and Steve Webster have been outtrouncing the competition yet again in the sidecar championships.