Philips reports Q1 comparable sales growth of 3% to 5.5 billion euro and a 14% improvement in adjusted EBITA to 374 million euro. Comparable sales growth driven by 5% growth in HealthTech portfolio, while net income amounted to 37 million euro, compared to 100 million euro in Q1 2015. «Philips’ first-quarter 2016 results – commented […]
The third quarter 2017 shows a good trend of consumer sentiment within the EU 28. According to GfK it goes on increasing, finishing on 20.9 points. This is up from 19.1 points at the end of Q2 and now stands at a level not seen since the end of 2007. «Private consumption – commented Rolf […]
Smeg has recently received two Red Dot Design Awards. For this year edition, the Italian company obtained the recognitions both with a small and for a major home appliance. The two winners are the blender of the 50s Line, awarded with the Red Dot for high quality, and the free standing kitchen with Victoria aesthetic, […]
BSH announced it will invest a triple-digit million sum in the coming years in a new site in Romania. The Romanian BSH subsidiary has acquired a plot covering around 40 hectares to build a washing machine factory. The project is very ambitious and includes the construction of a production hall, a logistics center and administration […]
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According to the “GfK Purchasing Power Europe 2021” study, the average per capita purchasing power in Europe in 2021 is 15,055 euro, corresponding to a nominal growth of 1.9 percent in 2021. Disposable net income among the 42 countries surveyed varies significantly: Liechtenstein, Switzerland and Luxembourg have the highest disposable net income by a wide […]
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Samsung has launched a new Bespoke RF8000 French Door Refrigerator, expanding its Bespoke line-up. The product is available as a 4-door model in Metal Navy color and can be complemented with kitchen packages including dishwashers and over-the-range microwaves. Samsung’s Bespoke RF8000 French Door Refrigerator expands on the existing Bespoke refrigerator line-up, which includes the 4-Door […]
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Candy Group and all the home appliances sector say goodbye to Peppino Fumagalli, founder of famous Italian company together with his father Eden and his brothers Niso and Enzo. Peppino died yesterday. He was 86 years old. «Task of each company – he was used to say – is working seriously, making intelligent products and […]
The Melbourne Business School (MBS) MBA students won the 2017 edition of Nespresso Sustainability MBA Challenge, a contest attended by more than 80 teams from top business schools in 25 countries around the world. Aim of the initiative is increasing the awareness of the next generation of business leaders in the concept of sustainable enterprise. […]
The Smeg 50’s Retro Style collection has been enriched with a new small appliance: the 4 slice toaster. It is available in several colours such as: cream, pastel green, black, red, pastel green, pink, chrome and white. After the 2×2 and 2×4 versions, the new Smeg toaster offers two pairs of spacious, independently-adjustable slots, allowing […]
