Electrolux published its 2021 report, which recorded a sales growth of 14.3% resulted in a net sales of Sek 126 billions. Operating income, excluding non-recurring items, reached Sek 7.5 billions corresponding to a margin of 6.0%. Combined with a strong capital turnover-rate of 5.3%, the company said it met or exceeded all its financial targets, […]
In today’s hyper-competitive, multichannel and omnichannel retail environment consumers seem less loyal than ever. This is the subject of 2014 global GfK FutureBuy study, which reveals that 61% of the consumers surveyed reported that they were: «less loyal to any one retailer [today], because [they] have to shop around more to find the best value». […]
Following the Arçelik’s “positive domino effect” philosophy which drives the Group’s product strategy and technology innovation, Beko and Grundig recently launched two new technologies: EnergySpin by Beko and AI-Sense by Grundig. Beko’s EnergySpin technology helps to reduce the household’s energy consumption. Rather than relying heavily on heat to dissolve detergent and eliminate stains, this new […]
With two new dishwasher manufacturing lines, GE Appliances, a Haier company, complete the 450 million dollar transformation and investment announced in late 2021 for Appliance Park, the company’s headquarters in Louisville, Kentucky. Three of the Park’s five major plants have received significant upgrades over the past two years with new topload washer models and four-door refrigerators […]
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Claudio Ceriotti and Alberto Buratti, two talented Italian chefs, working with the maître Davide Ceriotti in the Palati Fini project and at the Koiné gourmet restaurant at Legnano, are partners of Fulgor Milano, another great name of made-in-Italy in the kitchen. The company realizes a wide range of home appliances for cooking, characterized by high-quality, […]
The world of the trade fairs is going to start again organizing its events. The brave edition of IFA 2020 prooved to be a success and brings a positive sign for the future of this sector, even in very parricular situations such that of this year. The latest IFA obtained the hoped success, as demonstrarted […]
The U.S. Environmental Protection Agency (EPA) assigned the 2016 Energy Star Partner of the Year – Product Brand Owner Award to Whirlpool Corporation. It is the 25th time that the company received this recognition for its contribution to reducing greenhouse gas emissions by manufacturing energy-efficient kitchen and laundry appliances. Whirlpool was awarded also its important […]
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In order to pave the way for further growth, Miele announced in March that it would be setting up an additional production facility in the USA. The exact location has now been finalised: the German family-owned company’s first plant on the American continent will be built in Opelika in the State of Alabama. Production is […]
Sony Corporation has announced its mid-term strategy for the next three years, starting with the fiscal year ending March 31, 2016 and finishing with the fiscal year ending March 31, 2018. The company will position Return on Equity (ROE) as its primary key performance indicator and has set a target for consolidated ROE of more […]
Limited-edition panels designed by Andy Rementer for Bespoke To celebrate the release of Samsung’s latest Bespoke lineup, the company is collaborating with three artists and brands – Thibaud Hérem, Andy Rementer and HAY. According to Samsung, this choice aims to highlight how the Bespoke refrigerator’s wide range of colors and panels lets users bring creativity […]
AEG VX9 vacuum cleaner The Electrolux Group has conquered three Red Dot Design Awards for its PerfectCare laundry collection, AEG VX9 vacuum cleaner and the Green & Clean rack type dishwasher from Electrolux Professional. This year, Red Dot received submissions from 59 countries which were evaluated by an independent and international jury of experts. The […]
The Italian company SIL FIM has been producing kitchen hoods since 1985. Its products will be displayed at IMM LivingKitchen 2019, where it will present innovative solutions, born from the know-how, the Italian quality, the entire control of the process of development, verification and production. SIL FIM, in fact, has a capable technical office, a […]
