Whirlpool Up, Electrolux Down

Electrolux and U.S. rival Whirlpool have cut costs and increased their exposure to faster-growing emerging markets to offset slowing growth in Europe and North America.

Smelly Washing Machine Case Tossed

In case you haven’t been following this one, we have as it is of interest in the industry, the class action raised by Whirlpool customers on the US over bad smells or odours from their front loading Whirlpool washing machine has been sent back for review by the US Supreme Court in a strange twist…

Whirlpool Wins Anti Dumping Case

Reuters reports that a trade panel in the USA has given approval to anti-dumping duties on hundreds of millions of dollars of residential washing machines from Mexico and South Korea in a case brought by domestic appliance manufacturer Whirlpool.

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.

Whirlpool Profits Drop

While long time rival Electrolux may be faring a little better by reporting an increase in profits, Whirlpool has reported a huge forty six percent drop in profits for the first quarter’s trading. 

Whirlpool Partners With Suning

Whirlpool have announced a deal with Chinese retailer Suning to secure distribution in China of their home appliance products, the press release with details of the deal follows.