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Domestic Appliance Industry News

All the latest news from the domestic appliance industry that we find all over the world and stories that are of interest to the trade and public.

Hoover Revolutionises Washer Dryer Market

22 August 2003
Hoover announces an exciting development in washer dryers: the introduction of the Hoover 5 + 5 Wash "˜n' Dry, the first washer dryer which can go through the whole wash and dry cycle without clothing having to be removed for the drying phase.
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Dyson production moves to Malaysia

22 August 2003
Entrepreneur and euro enthusiast James Dyson was involved in a fresh row over exporting jobs yesterday after announcing he planned to switch production of washing machines from his base at Malmesbury, Wiltshire to Malaysia with the loss of 65 jobs.
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Administrators unplug Powerhouse empire

21 August 2003
Powerhouse, the UK's biggest independent electrical retailer, yesterday revealed that 813 jobs were to be axed alongside 93 stores, as it was placed in administrative receivership.
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Dixons ''reduce,'' target price raised - update

21 August 2003
LONDON, August 19 (New Ratings) "“ Analysts at Dresdner Kleinwort Wasserstein reiterate their "reduce" rating on the Dixons Group. The target price has been raised from 120p to 125p.
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PowerHouse cuts 800 jobs

21 August 2003
More than 800 retail jobs have been lost after receivers stepped in to take control of electrical stores group PowerHouse.
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