Currys Profit to Remain Flat

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Currys is scheduled to report results for fiscal 2024 on Thursday. Here is what you need to know.

SALES FORECAST: For the year ended April 29, revenue is expected to fall to 8.62 billion pounds ($10.93 billion) from GBP9.51 billion a year ago, according to a company-compiled consensus. On a like-for-like basis, sales are expected to drop 2%, according to consensus taken from FactSet based on five analysts’ estimates Shares over the past 12 months are up 44%, and up 50% since the start of the year, mainly boosted by a bidding war between JD.com and Elliott Advisors. However, both parties walked away without making an offer.

Electrolux Launch a Microplastic Filter Launch a Microplastic Filter 

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According to our consumer study into microplastics and laundry**, part of the problem is a lack of understanding of what ‘synthetic’ means, with 94% of all adults not knowing how much plastic is in clothes. Our study found 68% of European adults were unaware that Nylon is a plastic fiber while 62% did not know Polyester, the world’s commonly used fiber, is plastic.

With the launch of the Microplastic Filter, we can help consumers reduce their own environmental impact when it comes to clothing care. We estimate that the new filter for washing machines can help prevent up to two plastic bags worth of microplastic fibers from being released from laundry, per household, every year. The filter, designed to fit on the laundry wall and made from 50% recycled plastic, works with both Electrolux and AEG washing machines.

Bosch weighs offer for appliance maker Whirlpool,

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German engineering group Robert Bosch is weighing a bid for US appliances manufacturer Whirlpool, (WHR) according to three people familiar with the matter, a move that would boost its position in the household appliances market.

Bosch has been talking to potential advisers about the possibility of making an offer for Whirlpool, which has a market capitalisation of about $4.8 billion, one of the sources said.Bosch weighs offer for appliance maker Whirlpool,potential acquisition could significantly enhance Bosch’s position in the household appliance market, especially as competition with Asian rivals intensifies12. Whirlpool, founded in 1911, produces a wide range of home appliances, including refrigerators, microwaves, washing machines, dryers, and small kitchen appliances. The company has undergone restructuring, folding its European business into a new company controlled by Turkish rival Arcelik and divesting its Middle Eastern and African operations.
While it remains uncertain whether Bosch will make an official offer, the move aligns with Bosch’s strategy to expand its unit that manufactures large home appliances. If successful, the acquisition could reshape the landscape of the industry and potentially impact Benton Harbor, where Whirlpool’s headquarters are located.

KitchenAid is a new member of APPLiA

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APPLiA is thrilled to announce KitchenAid as its newest member.
KitchenAid joins a prestigious group of leading manufacturers committed to innovation, sustainability, and improving the lives of consumers, everywhere.

“On behalf of APPLiA, I am delighted to welcome KitchenAid to our growing family,” said Paolo Falcioni, Director General of APPLiA. “KitchenAid’s renowned reputation for quality and design perfectly complements our membership. Together, we can raise the profile of the home appliance industry and showcase its vital role in shaping a more sustainable and convenient future for European society.”

KitchenAid shares APPLiA’s commitment to a sustainable future. “We are excited to join APPLiA and collaborate with industry leaders to drive meaningful change towards a more sustainable future,” said Jan Siegfried Reichenberger, General Manager KitchenAid EMEA. “At KitchenAid, we are constantly innovating to develop products that are not only beautiful and functional but also environmentally responsible.”

About APPLiA
APPLiA brings together national associations from 25 European countries and over 25 manufacturers active worldwide. The association plays a crucial role in advocating for the industry, promoting innovation and sustainability, and ensuring a level playing field for its members. KitchenAid’s addition strengthens APPLiA’s voice and its ability to represent the diverse interests of the home appliance sector in Europe

GlenDimplex to close manufacturing site

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Workers at the GlenDimplex factory in Portadown are to hold a protest outside St Mark’s Church in the town centre on Friday after the company announced its intention to close the site in the next two years.

GlenDimplex, which is an Irish electrical goods firm, did not respond when asked about the planned rally. Unite the Union, which represents the staff at the Portadown factory, said it is calling on all the candidates for Upper Bann in the upcoming General Election to attend and address the rally.GlenDimplex plans to move the manufacturing that currently takes place at the Portadown site to Lithuania, and said the site closures

IFA Berlin 2024: Celebrating 100 Years of Innovation

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The IFA Berlin, the world’s largest consumer electronics and home appliances trade fair, is marking its 100th anniversary from September 6 to 10, 2024. Here are the key highlights:

Event Details:
Venue: Messe Berlin (with IFA Next as the hub for startups) and STATION Berlin (hosting IFA Global Markets).
100Moments Campaign: Starting 100 days before the event, Berlin will come alive with pop-ups, media exhibitions, and exciting activations.
Exhibition: “100 Years – The Exhibition” opens at Bikini Berlin on June 29, 2024, running until August 17.
Themes:
AI and Sustainability: IFA 2024 will focus on cutting-edge AI innovations and sustainable development.
Sector Highlights: Expect the latest in audio, communication, video games, health tech, entertainment, household appliances, mobility, content creation, and home automation.
Join us at IFA Berlin 2024 as we celebrate a century of discovery and innovation!

Xiaomi launches the MIJIA Fresh Storage 439L Cross Ice Crystal White Refrigerator

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Xiaomi launches the MIJIA Fresh Storage 439L Cross Ice Crystal White Refrigerator with Artistic Glass + Ultra-thin Flat  Jun 23, 2024
Xiaomi has unveiled the MIJIA Fresh Storage 439L Cross Ice Crystal White Refrigerator in China. The pre-sale of the product will kick off on June 24 and it will be offered at a discounted launch price.

MIJIA Fresh Storage 439L Cross Ice Crystal White Refrigerator
Features
The MIJIA Fresh Storage Ice Crystal refrigerator has a 3.2mm ice crystal white artistic glass panel that is easy to clean, wear-resistant, and oil-resistant. The refrigerator adopts an ultra-thin flush-embedded design. It has a front-bottom heat dissipation system to achieve seamless operation and its body thickness is 60cm. The refrigerator has a cross-door partition design (18 partitions) and a storage capacity of 439 liters. The refrigerator part has a capacity of 260L while the freezer has a capacity of 154L. Dry goods and precious mother and baby space compartments of the refrigerator hold 25L.

MIJIA Fresh Storage 439L Cross Ice Crystal White Refrigerator
The new MIJIA fresh storage refrigerator utilizes 360-degree air cooling circulation technology to achieve fast and even cooling without defrosting. It has a freezing capacity of 7kg/ 12h and uses a variable-frequency compressor combined with a variable-frequency fan. The compressor of the refrigerator comes with a 10-year warranty. The net weight of the refrigerator is 86kg and its overall dimensions are 825 x 680 x 2,030mm (width x depth x height). It has support for the MIJIA app for controlling the product. It also supports XiaoAi voice control.

Elica NikolaTesla FlameThe first gas extractor hob.

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The first gas extractor hob.
The magic of flames combined with powerful technology. Introducing the first-ever gas extractor hob that combines a bottom extraction system with conventional burners. In complete safety: this appliance complies with all regulations concerning flame efficiency and power, while still delivering exceptional performance. The cast iron elements merge aesthetics with functionality, and the cross-shaped, closed, flat burner grates provide a stable surface for pots and allow you to effortlessly move them on the hob. The cast iron filter cover doubles as a unique trivet; the optional wok support stand allows you to expand your cooking repertoire. The integrated extraction system clears the air of smoke and unpleasant odours, also automatically, thanks to the multi-purpose grease, odour and moisture filter which ensures maximum efficiency and effortless maintenance.

Introducing the new SEBO PROFESSIONAL D9

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Technologically advanced and superbly engineered the SEBO Professional D9 takes commercial cylinder vacuums to a new level of quality, performance and ease of use. SEBO’s patented ErgoGrip handle is comfortable to use making cleaning easier and faster. The stainless-steel telescopic tube can be adjusted for comfort and the four castors allow it to move easily over flooring and thresholds without tipping. Walls and furniture are protected by the patented SEBO AIRBELT bumper.

The electric powerhead easily picks up stubborn hair and fibre and can be adjusted to different carpet heights thanks to the 4-way manual height adjustment. The powerhead will automatically switch off if the brush is blocked and the brush roller can be removed for cleaning or replacing at the push of a button. For delicate floors, the brush motor can simply be switched off with the on/ off switch.

  • Powerful 890W motors.
  • Variable power lets you control the suction, so you can get the best out of your cleaning.
  • Highly versatile cleaning with brush ON/ OFF and 4-stage height settings.
  • Ergonomic handle for a comfortable use.
  • 12 metre cable with auto-rewind.
  • Electric ET-1 powerhead for optimum carpet cleaning.

Askoll China Enhances Facility and Expands Product Range

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Askoll China recently completed the relocation of its facility to a more modern and efficient location. With a 30% increase in production capacity, the company is now poised to expand its product range, including high-efficiency BPM motors and fan solutions for the local market. Strategically situated in the economic heart of Qingdao, our new facility will meet customer needs more quickly and efficiently while maintaining our high quality standards. This milestone reflects our commitment to proactively address market challenges and foster continued growth in the sector.