We could have told you a lot of this but Which? have come up with a list of “features” used on appliances that are either a complete waste of time or that are just sales gimmicks to get more money out of people or differentiate products.
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
Extended Warranties Are Bad Value
In a report The Sun says that UK consumers spend £750 million a year on extended warranties but say that they are often a total waste of cash.
Panasonic Aim To Double European Sales
Panasonic has set a goal of boosting its global sales of home appliances such as refrigerators and air conditioners to 1.5 trillion yen a year by fiscal 2015, or 50 percent higher than current levels.
Beko Cooker Deaths Reported In Eire
An inquest has heard that a senior executive of the Beko appliance company was not told of fears that a faulty cooker had killed a student until four months later.
Whirlpool, Panasonic Fined For Compressor Cartel
Two Whirlpool units and Panasonic are among companies that agreed to pay European Union antitrust fines totaling €161 million for fixing prices of refrigerator compressors.
Comet’s Sales Plunge Again
Kesa Electricals Plc, the electronics retailer that’s selling its U.K. Comet chain, reported a first- half loss after sales deteriorated in all its main divisions, and said market conditions continue to be “tough.”
Dixons Has Credit Rating Downgraded
Moody’s has today affirmed the B1 long-term ratings of Dixons Retail plc, including its corporate family rating, probability of default rating and senior unsecured rating. The outlook is changed from stable to negative.
Doubts Cast On Comet Deal
Reuters reports that OpCapita, the private investment firm that has agreed to buy Kesa Electricals’ loss-making Comet chain in the UK, is confident of securing a line of financing essential for the deal to proceed, a person familiar with the situation told Reuters.
Fisher & Paykel A Takeover Target
Radio New Zealand reports that analysts say a hefty slump in Fisher & Paykel Appliance’s share price could make the appliance manufacturer maker an attractive takeover target.
Three Year Old Dies In Washing Machine
A French father has been charged with murder after allegedly killing his three-year-old son by stuffing him into a washing machine and turning it on.