LG Aims Upmarket

While we can’t help but feel this is likely to be a rehash of current products with a new fancy set of clothes on, LG seem to be dead set on moving the brand upmarket with the new “Signature” range of products.

Panasonic Buys Hussman

Panasonic agreed to pay 186.6 billion yen ($1.5/£1.01 billion) for U.S.-based maker of refrigeration systems Hussmann to bolster its housing operations and move further away from consumer electronics.

GE: For Sale (Again!)

Bloomberg reports that first round bids for General Electrics home-appliances business are due next week, according to people familiar with the matter, as the industrial giant seeks a speedy exit following its aborted deal with Electrolux.

Samsung, LG Dumping Washers

The Wall Street Journal (WSJ) reports that Whirlpool is asking the U.S. government to impose duties on washing machines made by Korean rivals Samsung  Electronics Co. and LG Electronics Inc. in China.

Gas Cookers To Be Phased Out

The Paris climate change deal spells the beginning of the end for cooking and heating with gas, experts have claimed. Within 15 years, British families may have to start phasing out gas cookers, fires and boilers if the UK is to meet stringent new targets aimed at halting rises in global temperat…

Electrolux Jobs To Go

Electrolux will reduce costs at its small appliance division to save an expected 120 million kronor (€12.9m) annually starting at the end of next year.

New Cooker From Smeg

Smeg has launched the latest addition to its Victoria range cooker collection: the compact TR62, which measures 60cm in width.

Amica Buys CDA

Amica has bought the established CDA brand based in Nottinghamshire for a reported £24.3 million as part of a strategy to expand in the UK.