Boxclever blow for Saunders

LARGE divisions of Boxclever, the television rental company at the heart of German bank WestLB’s financial crisis, were plunged into administration today in a further blow to the reputation of former City wunderkind Robin Saunders.

DASA AGM 18th October 2003

As many of you are already aware the DASA AGM will be held on the 18th October 2003 with a brief Council Meeting held on the afternoon of the 17th October prior to that. It is most likely that this meeting will be extremely well attended and so therefore, should you wish to attend the AGM (or ind…

Electrolux will make provision for loan guarantees for laundries

Electrolux will make a provision of EUR 32m (approximately SEK 290m) in the third quarter of 2003, referring to previously issued loan guarantees for launderette operators in Germany. The launderettes are experiencing financial difficulties due to weak market conditions, and Electrolux may be req…

Haier story a smash-hit

Standing in the centre of appliance giant Haier’s shop floor in the north Chinese port city of Qingdao is a well-worn, 1m sledgehammer in a glass case.

Horrors are lurking in the refrigerator

There’s an alien living in my refrigerator. I saw it when I moved aside the ketchup so I could find a pudding cup for Junior’s lunch. There, underneath the bag of leftover sliced pineapple was a small, black, furry thing. And I swear to you, it winked at me.

£9.5m drain on stricken PowerPlan

Fresh questions emerged this weekend over a flow of deals prior to the collapse of PowerPlan, the failed warranty firm linked to PowerHouse, the UK’s biggest independent retailer.

UK Whitegoods Website News

It is a great pleasure to see that the website has today passed the 100,000 page views mark and it is growing in both strength and numbers, as well as very importantly, building a community of like-minded individuals within the Whitegoods trade.