Haier sees 8pc rise in Mideast market share

Haier, China’s number one white goods manufacturer, is projecting an eight per cent increase of its market share in the Middle East region this year. The company, which has recorded 300 per cent growth in its UAE sales last year compared to 2002, is also planning to invest $1 million in logistics…

PRG cancels float plan

Pacific Retail Group has turned its back on a planned public share float for its core retail chains, after agreeing to sell the businesses to Australian investment fund Gresham Private Equity for $138.5 million.

Fisher and Paykel set for expansion

Fisher and Paykel Appliances Holdings (FPA) today advised that the success of its DishDrawer dishwashers in the local and export markets has it preparing for further expansion of its plant and engineering facilities at Taieri, near Dunedin. The company said it has completed the expansion announce…

Have you rebooted?

This past weekend, I had to reboot my washing machine. Not just turning it off and on, mind you, but a hard reboot. I pulled the power plug from the wall, waited a few moments, then plugged this so-called state-of-the-art clothes-cleaning machine back into the outlet. Flashing lights, a trill of …

Godrej, Whirlpool Settle Tiff Over Offending Ad

The Mumbai High Court has disposed of a case filed by Godrej & Boyce Mfg Co against Whirlpool of India alleging unethical usage of one of its refrigerator models in its TV commercial, after the latter submitted a modified version of the “˜offending’ commercial and undertook not to use a…

LG to take on FMCG giants in India

From electronics to healthcare, LG has travelled a long way. LG Care is all set to take on FMCG giants in India — Hindustan Lever, Colgate Palmolive and Proctor and Gamble.

Whirlpool MD heads for Shanghai

Raj Jain, managing director, Whirlpool of India, is headed to the company’s Asia-Pacific headquarter in Shanghai in his new role as the region’s marketing director.