As was expected, Whirlpool have reported losses but more than was expected for the Q2 period of $161 million but there are some mitigating factors despite the underlying trend on greater material costs.
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
Arcelik Buys SA Defy Appliances
Blomberg and others report that Arcelik (Beko), who is now Europe’s third-largest home appliances maker, has agreed to buy South African appliance maker Defy Appliances for $327 million.
Which? Slams Impossible To Repair Appliances
Consumers champions Which? have slammed products that are impossible or expensive to repair, highlighting a Beko washing machine in which to change the drum paddles you have to swap the complete tank unit on!
Electrolux Starts Making Washers In Ukraine
A new washing machine production plant in western Ivano-Frankivsk is reported to have been completed for Electrolux and started to produce washing machines in April this year.
Electrolux Profits Dip On Increased Materials Costs
Now that the dust has settled a little we can reflect and report on the latest set of results from Electrolux that have been hitting the headlines over the past few days. The highlights being, prices are going up in line with increases on materials costs and lower profits reported.
Hoover & Dirt Devil Up For Sale
Techtronic Industries Co., the owner of vacuum cleaner brands Hoover (in the USE, not the UK) and Dirt Devil, said it has held talks to discuss the possible sale of its floor-care business. If you happen to have a spare $900 million of course.
Comet Bids Due By Wednesday?
The Express reported at the weekend that bids for 249-store electricals chain Comet are due this Wednesday signalling a likley break-up of parent group Kesa.
Man Escapes Fridge Freezer Fire
The Scotsman has reported that fire authorities have warned people about a potentially deadly problem with a make of fridge-freezer, after a faulty appliance went on fire. Lothian and Borders Fire and Rescue Service said the recalled fridge-freezer by manufacturer Beko was responsible for destroy…
New Made In Britain Logo Unveiled
A campaign for a new Made in Britain logo for products manufactured in Great Britain has produced a logo after receiving an “overwhelming response” from the public.
US Court Upholds Patent Infringements
The U.S. district court in Delaware has affirmed a March 2010 jury finding that LG side-by-side refrigerators infringe Whirlpool’s patented in-door ice dispenser technology.