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  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 intersting to do with appliances or that affects the industry including new product releases, scandals, recalls, mergers, takovers 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 This email address is being protected from spambots. You need JavaScript enabled to view it.


 

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Analyzing new product takeoff in 16 countries

LINTHICUM, MD "“ A study of 137 new product launches in 16 European countries shows the persistence of major regional disparity in the era of the European Union, according to an article in a journal of the Institute for Operations Research and the Management Sciences (INFORMS®).

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Other road and rail projects will be hit after the capital's transport chiefs were forced to bail out the firm running Ken Livingstone's controversial congestion charge scheme.

Transport for London coughed up another £31 million of taxpayers money when Capita, the company administering the road charging project, ran into financial trouble when it raised less money than expected from the new levy.

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John Clare, the chief executive of Dixons, received a total of £1.43m last year in salary, bonuses, and share awards, despite the electrical retailer issuing a severe profits warning in January.

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New A+ and A++ classes have been introduced for Refrigerators and Freezers.

User Rating: 1 / 5

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ALBANY, N.Y. (AP) - General Electric Co. will pay New York consumers $780,000 and a $650,000 penalty under a court order as part of a state lawsuit claiming deceptive practices, Attorney General Eliot Spitzer said Tuesday.

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STOCKHOLM, Sweden, Aug. 5, 2003 (PRIMEZONE) -- Electrolux (Nasdaq:ELUX) has signed an agreement to sell its shares in the Danish company Vestfrost A/S to the Esbjerg Group in Denmark. The Esbjerg Group will thereby increase its shareholding in Vestfrost from 50% to 100%.

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Korea's electronics makers are strengthening their brand strategies, encouraged by Samsung Electronics whose global brand value is estimated at $10.8 billion.

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WALLINGFORD "” In more than 40 years, not all that much has really changed for a business that changes everyday.

Technology has trickled down to the vacuum cleaner business with new and improved models coming out all the time, making it a daily learning experience for Ed Magda, but customer service and providing a small-town-type shop has helped him avoid getting sucked up by bigger, more commercial stores.

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NEW YORK, August 01 (New Ratings) - Analysts at JP Morgan Securities initiate coverage of Kesa (KE4) with an "overweight" rating. The fair value is set to 240p.

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Valpak has launched a Member WEEE Council to discuss the UK's implementation of the European Waste Electrical and Electronic Equipment (WEEE) Directive.