Marks Electric Group

Marks Electric Group, an online electrical retailer headquartered in Leicester, has issued a report for the six months ending on September 30, 2023.

In the first half of the company’s financial year, revenue surged by 24.8% to reach £53.9m, up from £43.1m in HY22 as the firm processed over 7,000 installation orders in the first half, a substantial 180% increase from the previous year, and delivered more than 11,000 freestanding connection services, marking a 120% rise from the prior year

Arçelik-Whirlpool Antitrust continues the investigation until March 2024

The Competition and Market Authority has decided to move to phase 2 of the authorization process for the merger between the European operations of Arçelik and Whirlpool .

The CMA has officially announced the launch of an in-depth analysis which will end on 26 March 2024 to assess whether the project could create a “substantial reduction of competition in any market within the United Kingdom”.

The CMA has appointed a commission of external experts (lawyers, former merchant bankers and researchers). The start of the operation announced at the beginning of the year has therefore been moved to at least mid-2024.

The attention of the top management of the two companies as well as of governments, unions and operators therefore shifts to the European Antitrust which should make a decision by 23 Octobe

Making Appliances Accessible for Everyone: LG Universal UP Kit

LG home appliances applied with Universal UP Kit for enhanced usability and accessibility

Imagine if every individual, regardless of their physical abilities, age or gender, could enjoy an effortless experience when using their home appliances. LG’s Universal UP Kit, unveiled at IFA this year, makes this inclusive vision a reality, providing innovative home appliance accessories and add-ons that leverage universal design to enhance accessibility and usability.



To develop the Universal UP Kit, an initiative that forms part of LG’s Environmental, Social and Governance (ESG) management strategy, the company brought together several teams, who collaborated closely to create solutions embracing the “Design for All” ethos. Read on to learn more about how the groundbreaking Universal UP Kit came into existence.



The journey began when LG product designers and developers held meetings with a wide spectrum of customers, including those with physical limitations. Feedback from these invaluable sessions highlighted the considerable need for physical tools or accessories – distinct from the Braille stickers the company previously introduced – that could make appliances easy to use for a broader range of people.

(From left to right) Ha Young-soo, lead of the H&A Design Lab New Experience Design Task, Park Se-ra, a specialist at the LG H&A customer experience innovation planning team, and Lee Jae-kul, a senior specialist at LG’s CSO ESG strategy team.

“We wanted to develop a kit offering practical solutions for improving the usability and accessibility of LG appliances, without necessitating any structural changes or the purchase of brand-new appliances,” remarked Ha Young-soo, lead of the H&A Design Lab New Experience Design Task.

The teams involved in the project set about translating the feedback from the meetings into tangible solutions. Prototypes were crafted using paper or wood, and then plastic samples were made on 3D printers, enabling the team members to get a better sense of the viability of their ‘outside-the-square’ designs.

During the development of each Universal UP Kit solution, LG focused on three key aspects of design: functionality, aesthetics and safety. Functionality and safety were the priorities, but the company also considered color and shape to ensure that every accessory harmonized seamlessly with the relevant appliances.
“This project’s strength lies in the initial emphasis we placed on design, and has resulted in products that are not only functional and convenient, but are also aesthetically pleasing,” explained Park Se-ra, a specialist at the LG H&A customer experience innovation planning team. “Taking this approach, we were able to accommodate the diverse needs of both disabled and non-disabled individuals and achieve a level of innovation that may not have been possible if we’d focused solely on safety and functionality.”
The Moving Drawer is a prime example of the Universal UP Kit designers’ concern for the safety of users, particularly those with physical limitations. Made for use with LG microwave ovens, the convenient Moving Drawer ensures a safer user experience by helping to minimize the risk of injury when taking hot food out of the microwave.

“Given the relatively long lifespan of home appliances, the Kit represents a useful solution for both previously-purchased and brand-new appliances,” commented Lee Jae-kul, a senior specialist at LG’s CSO ESG strategy team. “We think there is an opportunity here for continuous development and refinement through customer feedback and accessibility evaluations.”

In addition to the Universal UP Kit introduced at IFA, LG is actively developing and testing new Universal UP Kits that can be easily adapted for various product ranges. LG’s ultimate goal is to provide all LG appliance owners with a convenient and genuinely accessible user experience, ensuring a better life for all.

LG Releases Preliminary Earnings for Third-Quarter 2023

LG reported consolidated revenues of KRW 20.7 trillion and operating profit of KRW 996.7 billion in the third quarter of 2023, both the second highest third-quarter figures in the company’s history.

Driven by the major business of home appliances as well as vehicle solutions, LG’s future growth engine, the company accelerated the qualitative growth of its business despite the economic slowdown and prolonged decline in demand. Operating profit increased more than 30 percent compared to the same period last year as well as the second quarter of 2023.Driven by the major business of home appliances as well as vehicle solutions, LG’s future growth engine, the company accelerated the qualitative growth of its business despite the economic slowdown and prolonged decline in demand. Operating profit increased more than 30 percent compared to the same period last year as well as the second quarter of 2023The LG Home Appliance & Air Solution Company has seen significant growth in the B2B area with its HVAC solutions. The company aims to further expand its air conditioning business with heat pumps and ESS in response to the growing demand for eco-friendly and high-efficiency products in North America and Europe. And, launched in the third quarter, LG ThinQ UP 2.0 – a smart home innovation that combines home appliances and subscription services – has already received positive responses from customers and is leading change in the home appliance paradigm.

2050: Appliances of the Future conference

Amdea, the UK Association of Manufacturers of Domestic Appliances, reported its satisfaction for “2050: Appliances of the Future conference: The Road to Net Zero”, the event organized at the end of September by the Association itself. The latest was the third edition, supported by City, University of London and the OPSS (Office for Product Safety and Standards). The event saw guest speakers from manufacturing, retail, regulation and policy focus on the next steps for achieving a sustainable home appliance industry, as we move towards a net-zero future.

«There’s no doubt that appliances have a big role to play in supporting the achievement of net zero homes – said Paul Hide, Amdea Ceo in his speech –. Estimates suggest that within the 29 million UK homes, there are at least 130 million large appliances and over 300 million small appliances. More than 98% of UK homes have at least one large appliance and annual UK sales of this industry exceed 12 million large appliances and 50 million small appliances. This equates to a UK market worth close to £8 billion a year at retail and supports many thousands of UK jobs.»

Hide also underlined Amdea’s responsibility is to ensure there is a net zero action plan across the full supply chain – from sustainable raw materials and sourcing precious minerals to carbon-and water-neutral manufacturing, net zero delivery to the customer’s home, net zero impact in use and full recyclability and material recovery at the end of an appliance’s maximum useful life

AB Electrolux Chairman Staffan Bohman declines re-election

Staffan Bohman has today notified the AB Electrolux Nomination Committee that he will not be available for re-election as Chairman of the Board of AB Electrolux at the Annual General Meeting in 2024.

Staffan Bohman has been Chairman since 2018. He is also a member of the Audit Committee and the People Committee.

The Nomination Committee’s process of proposing a successor has been initiated

Küppersbusch extractor Hob

Elevate your kitchen to another level with the KMI 9850.0 cooking plates from Küppersbusch. Its exclusive finish in SCHOTT CERAN® Miradur® not only guarantees resistance and durability, but also a sophisticated aesthetic that will attract everyone’s attention. With numerous functions designed to unleash your creativity in the kitchen and allowing you to control its power precisely, cooking will be a luxurious experience. In addition, its extractor not only guarantees efficient extraction, but also silent operation, keeping your kitchen with a quiet and pleasant atmosphere. Designed with lovers of interior design and haute cuisine in mind, the KMI 9850.0 hob is more than an appliance: it is a work of art that redefines your culinary space.

Haier VDE institute

Haier have received two prestigious prizes from “VDE Institute, an internationally accredited organization for the testing and certification of electrical equipment, components, and systems.

The first one has been awarded to the Haier 2D 60 Series 5 PRO refrigerator for achieving A-15% energy class.

The second recognition reflects our efforts to ensure products’ safety, reliability and durability, as well as adherence to the highest standards of quality control and testing.