Electrolux Sees Profit Surge

Electrolux has unveiled a 35.6% jump in its second-quarter net profit which is well above expectations owing to strong demand from emerging markets and price increases.

Whirlpool To Buy More Alno Shares

Reuters reports that Whirlpool is to increase its stake in Alno in a move to cut the debt of Germany’s second-largest kitchen manufacturer and to reverse the decrease in Alno’s revenues.

Man Invents Underwear Washing Machine

For five years, Mr. Li, a taxi driver in the Chinese city of Chongqing, has been developing underwear cleaning machine and now Mr Li has had a patent awarded to him by  the Chinese Government for his underwear washing machine.

Asko Production To Move To Velenge

Gorenje have annouced that production of Asko laundry appliances in Vara, Sweden will next year be moved to Velenge, Slovenia just south of the Austrian border to Gorenje’s state of the art facility in the region.

LG Fridge Can Detect Stale Food

LG is planning to launch a smart appliances that suggests what you can make with what is in the fridge freezer as well as tell you that the food you stored is no longer fresh and a washing machine that senses dirt in clothes.

Dixons To Shut Up to 100 Stores

Dixons Retail the owner of PC World and Currys is expected to close as many as 100 locations. Dixons has already closed 50 stores in the past year but it is believed that the company plans to close even more stores in an effort to cut costs.

Electrical Chains See Downturn

This week has seeen results dfrom both Kesa, Europes third largest electrical retailer and Dixons Retail, the UK’s largest electricals chain with poor results from both but with some small glimmers of good news there too.

New Energy Labels Promote Less Efficient Washing Machines

In a recent press release price and energy comparison website Sust-it says that the new energy labels from the EU used on modern washing machines is misleading people into thinking that smaller capacity washing machines are more efficient than large capacity washing machines.