Many of China’s leading washing machine makers have been bought out or gone bankrupt in recent months, confounding expectations the mainland’s low-cost manufacturers would become dominant international players.
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
Relief at Dixons but risks remain
The sigh of relief that blew through the City when Dixons released its latest sales figures yesterday added £170m to the electrical retailer’s market value. Things are not as bad as feared. Sales are not falling, profits are rising. But it may turn out to be a small mercy.
Watchdog to launch store card inquiry
The Office of Fair Trading is launching an inquiry into the store card market, following criticism from MPs.
PowerHouse receivers in fight to rescue warranties
Administrators are desperately trying to hammer out a rescue deal for hundreds of thousands of consumers left with worthless extended warranties in the wake of the collapse last month of the PowerHouse electrical chain.
Introducing Network DASA
This is an idea long thought about and given substance at the recent DASA Council Meeting in Peterborough.
Merloni builds white goods market share
Merloni of Italy, Europe’s third-biggest maker of domestic appliances, plans to overtake the market share of its two biggest rivals in the next three years, partly by exploiting its new large development and manufacturing base in the UK.
Dixons Group ”sell”
LONDON, September 8 (New Ratings) ““ Analyst Nick Hawkins of Merrill Lynch maintains his “sell” rating on the Dixons Group (DXNS-GBX).
AGA Swoops For US Fridge Firm
KITCHEN equipment group Aga Foodservice, maker of the legendary cooker favoured by Naked Chef Jamie Oliver, announced the acquisition of a US-based fridge maker.
Scots hit by warranties shock
THOUSANDS of Scots have been left with warranties for electrical goods that are not worth the paper they are written on. The collapse of electrical goods firm PowerHouse also hit PowerPlan which sold repair service contracts to ScottishPower customers, among others.
Teen gets stuck in washing machine
A teenager got more than he bargained for when he attempted to fetch some keys that he’d dropped in a washing machine.