Electrolux @Fuorisalone 2024

Electrolux will unveil the Electrolux EcoLine Hub at Fuorisalone 2024, aimed at increasing environmental awareness and more sustainable living practices.

From April 16th to 21st, in the heart of Milan’s green quarter, Portanuova, the Electrolux EcoLine Hub will emerge as a unique space where education meets inspiration. More than a mere exhibition, the Electrolux EcoLine Hub will offer a fully immersive experience designed to enlighten visitors on the simplicity and significance of practices that can help them live more sustainably at home.

Through this initiative, Electrolux aims to stimulate a broader dialogue on the topic. The Electrolux EcoLine Hub also includes an exhibition of products that are part of the Electrolux EcoLine range – a selection of our most energy efficient kitchen and laundry appliances, designed to help the user make better choices every time they use them.

Haier X Series11 Washer and Dryer award win

Haier X Series 11 washer and dryer set has won the iF DESIGN Awards

This is an important achievement for us as we strive to provide a washing experience that is both quiet and long-lasting, while also minimizing environmental impact.

The X Series 11 boasts A-40% energy efficiency rating, and the unique Ultra Fresh Air function which keeps clothes fresh and fragrant up to 12 hours after the end of the cycle.Haier X Series 11 series achieves the highest energy efficiency level among similar products through dual engine variable frequency motors, with the entire machine reaching the A-40% energy level. The first Ultra Fresh “fresh air change” system is launched, which blows fresh air from outside the cylinder into the cylinder, cooperates with the inner cylinder to rotate and shake off clothes, achieving air circulation between the inner cylinder and the outer cylinder for new clothes, effectively preventing wrinkles and preventing odors and fine breeding of clothes.

Roborock Unveils Global No.1 Robotic Vacuum Cleaner Sales

Roborock, a global leader in ultra-intelligent home robotics engineered to simplify daily life, today announced it has taken the number one spot for robotic vacuum sales worldwide, according to new data by Euromonitor. Celebrating its achievements at a global launch event on the eve of its 10-year anniversary, the brand also revealed a glimpse of what is to come in the form of new product lines while sharing its vision for the future. Founded in 2014, Roborock owes its success to its long-standing commitment to customer-centric innovation. By delivering meaningful solutions which improve everyday lives, Roborock has built a truly global fanbase, with Euromonitor data confirming that the brand has achieved the number 1 sales position worldwide for robotic vacuum cleanersthe brand also revealed impressive results in many of its key markets. Roborock is now present in over 170 countries, serving over 15 million homes worldwide. According to data from IDC, Roborock ranks number one in Turkey and number two in the US in terms of sales, while also taking the top spot in Germany, Korea, and the Nordics in terms of shipments in 2023[2]. As revealed by Roborock’s latest Financial Earnings Report, the brand recorded a total revenue of 8.65 billion Yuan last year (US$1.22 billion), with total robot vacuum shipments surpassing 2.6 million units

Currys sales slide

Currys saw sales drop over the key Christmas period as supply issues left the retailer short of stock for some popular tech products.
The company said demand for some tech was “strong”, such as games consoles and virtual reality consoles which “flew off the shelves”.
However, Alex Baldock, group chief executive, said the firm “would want more” stock of consoles including the PS5 and Apple technology products as supply was impacted by global chip shortages.Currys reported that like-for-like group sales dropped by 5% for the 10 weeks to January 8 compared with the same period last year, but were 4% above pre-pandemic levels.
The company said sales in the UK and Ireland were 6% lower than during the same period a year earlier.Currys said it expects to post adjusted pre-tax profits of £155 million for the current financial year as a result of the performance.
The retailer also launched a £75 million programme of purchasing shares back from shareholders on Friday.

JD.com abandons bid for Currys

Chinese e-commerce giant JD.com has dealt a blow to British electronics retailer Currys by walking away from a potential takeover.

This withdrawal follows a similar move by US investment company Elliott Advisors, leaving Currys to navigate its future course independently.

JD.com’s interest in Currys was said to have stemmed from a desire to expand its European footprint. The company’s brick-and-mortar presence in China faces increasing competition, and Currys’ established store and warehouse network across eight European countries offered a tempting solution.

New SMEG UK MD

After a distinguished career and with over two decades at Smeg, Mike Giddings has handed over as Smeg UK & Ireland MD to Daniel Hadley.

With 16 years of experience working for blue chip organisations, Daniel has joined Smeg from Dyson where he led the sales team across the Middle East and Africa. Before his move to the Middle East, Daniel led the UK retail sales team.

Arçelik Completes Acquisition of Whirlpool’s Moroccan and UAE Subsidiaries

Arçelik, consumer brand Beko’s parent company, completes acquisition of Whirlpool’s MENA operations, marking a significant milestone in its growth strategyThrough this transaction, Arçelik now owns Whirlpool’s UAE and Morocco entities and manages Whirlpool’s MDA business operations in the MENA region

By combining its deep industry expertise with Whirlpool’s invaluable know-how, regional infrastructure and market presence, Arçelik will work to solidify and expand its footprint in the region

The brands we will offer in the MENA market through such acquisition are Whirlpool, Ariston, Indesit, Hotpoint, Hotpoint-Ariston, Bauknecht, Privileg and Ignis

    Breville Launches Its First Sparkling Beverage Product, the InFizz™ Fusion,

    Global premium kitchen appliance brand, Breville®, announces the official nationwide launch of the InFizz™ Fusion, its first sparkling beverage maker. The brand’s latest innovation can carbonate a variety of different beverages, including fresh juices, wine, alcohol, coffee and tea, in addition to water, to open up the possibilities for consumers to enjoy and experiment with refreshing, fizzy drinks this spring and summer.Over the past 90 years, Breville has grown to become an iconic global brand, delivering innovative kitchen appliances including award-winning home coffee machines, to over 70 countries around the globe. The company goes to market as the Sage® brand in Europe, and as the Breville® brand in the rest of the world. Breville enhances people’s lives through the delivery of brilliant innovation and thoughtful design based on deep consumer insights, empowering people to do things more impressively or easily than they’d thought possible in their own homes and ultimately, allowing them to Master Every Moment

    The InFizz™ Fusion can carbonate a variety of different beverages, including fresh juices, wine, alcohol, tea, and more.

    Record profits and margins for Midea in 2023

    Midea Group closed 2023 with an 8.1% growth in turnover, reaching 373 billion yuan (around 48 billion euros) and above all a boom in cash flow: + 67% and in profits: + 14% at 33.7 billion yuan (4.3 billion euros). The gross margin of the Chinese group is in fact around 26-27%. Sales increased both in China (+9.9%) and in the rest of the world (+5.8%). Midea exported 151 billion yuan (19.5 billion euros).
    Midea has 45% of the world air conditioning compressor market and is a leader in the Chinese washing market but is increasingly present in advanced technological sectors such as industrial automation and green technologies.Midea products have been exported to more than 200 countries and regions around the world, and the company continues to expand its production facility abroad, promoting the construction of production centers in Indonesia, India, Thailand, Brazil, Mexico, Italy , Egypt