Marks electrical announced a half year update on their financial and operational performance. Sales were up 15.1% overall, despite a very challenging market. Strong performance was driven across all major product categories, notably A-rated energy efficient laundry appliances which grew at over 35% in the period reflecting more conscientious buying habits.
founder and CEO, Mark Smithson, said of the results:
“I’m proud of the performance we’ve delivered against a tough back-drop, with the Group’s sales up 15.1% in a very challenging market. This further demonstrates the resilience of our business model and is down to the hard work of everyone at the Company.
Our market-leading customer service and free next day delivery, combined with in-house installation expertise, provides a compelling and unique offering, that sets us apart from the competition.
We go into a busy period with growing momentum and confidence in our unique proposition.”
Creda return
Creda home appliances to relaunch in the UK in January
Full range of freestanding and built-in cooking appliances
China appliance exports fall
China’s exports shrank last month, the first such decline since mid-2020, customs authorities said yesterday, as a domestic slowdown and the threat of global recession hit international trade
The value of home appliance exports fell the most of any product group in the first 10 months of the year, down 11.5 percent from a year earlier, according to a breakdown provided by customs.
Exports of furniture, lighting equipment and medical devices also dropped during the period.
Candy Hoover Hungary also strengthens with a new managing director.
As of August, Candy Hoover Hungary , which is considered one of the leading domestic appliance distributors, will be managed by a new managing director, Márton Rózsa , who previously headed Samsung Electronics Hungary’s consumer electronics business. The company’s first man set a very dynamic development path for the company. This is a prominent stop for the number one player in the American and Asian premium home appliance market,This is a very important period in the life of Candy Hoover Hungary, as we are laying the important pillars of long-term growth. This is a serious motivation for me, because I have always loved challenges where development and construction were the focus. Brand introduction is a rare task in the life of most companies, which is why it is a very important task. The economic situation is also challenging, so it is particularly important how we prepare and do this. Of course, we also want to support the parent company’s efforts to make the Haier brand among the Top 3 in the premium segment in Europe within the foreseeable future,” emphasized Márton Rózsa .
LG and Falconeri, together for the “Perfect Cashmere” operation
LG Electronics and Falconeri, a brand specializing in the creation of high quality cashmere products, launch the “Perfect Cashmere” operation which will see the two brands together for a joint communication campaign dedicated to garments care. The effectiveness of the combination of technology and precious materials was demonstrated by the tests conducted by Falconeri on the LG AI DD washing machine (model F6WV7105GA) which passed the test, returning clean and soft garments and in perfect condition. LG AI DD washing machines are equipped with Artificial Intelligence that recognizes the degree of softness of the fabrics and chooses the optimal drum movements to reduce damage from rubbing during washing, choosing from over 20,000 possible combinations. Furthermore, the Steam+ technology uses low-temperature steam during the washing phase to sanitize garments without damaging them while ensuring a high level of energy efficiency. The two brands will be involved in numerous joint activities including a special promotion.
Illycaffe X1
Illycaffè presents the new X1 Anniversary ECO MODE coffee machine with Iperespresso capsule system. Thanks to the Eco Mode with fast-heating technology, the product is always ready to dispense coffee, steam or hot water, without waiting times related to heating, ensuring significant energy savings, with a saving of about 50% compared to the previous generation of X1 Iperespresso. In addition, the appliance is equipped with buttons for individual preparations, a steam wand for frothing milk and dispensing hot water and an analog display. The fast-heating technology also allows user to make several preparations in succession and the Iperespresso system ensures high and constant quality, minimizing cleaning and maintenance operations. Iperespresso X1 Anniversary ECO MODE, available in two versions, was designed by the architect and industrial designer Luca Trazzi.
Electrolux layoffs
Electrolux, with a newly-expanded plant in Anderson County, announced thousands of layoffs that will affect workers across the globe.
Last week the company said it is implementing a cost reduction and restructuring program to increase earnings.
Electrolux says between 3,500 and 4,000 positions companywide will be impacted by the program in the last quarter of 2022.
“Regarding business area North America, I am obviously very disappointed with our performance,” said CEO Jonas Samuelson. “The production transformation with the two new facilities Anderson and Springfield including several new product platforms, in combination with the particularly challenging supply chain conditions, require additional measures to return to stability and profitability.”
Samuelson said stabilizing and improving operational planning in Anderson is part of the North American turnaround plan.
Teka presents its new range of wine cellars that adapt to keep each type of wine in ideal conditions
Teka has presented its latest products
The brand has presented its series of Sommelier wine cellarselectrical appliances with a careful design and the latest technologies to be able to take care of the wine and keep it in the ideal storage conditions. Each type of wine needs to be kept at a specific temperature and that is what the Sommelier wine cellars presented by the brand are looking for. To achieve this, Teka has provided this range of different technologies aimed at achieving the ideal conditions.
The Sommelier range has PerfectTemp technology that allows you to create up to three independent temperature zones so that we can store red, white and sparkling wine in one place, each with precise conditions.
To maintain the temperature, the wine cellars have the SmartControl system so that the temperature does not oscillate more than 1º. In addition, they add the SurroundAir cooling system, which evenly distributes cold air to keep the temperature constant and homogeneous throughout the interior HumidityControl, which maintains the proper humidity level, between 55% and 75%thus preventing the cork from drying out and preserving its quality, and an activated carbon filter, which renews and purifies the air inside.tinted glass door that protects from light and UV rayspreventing the premature aging of the wine and an anti-vibration system that dampens any movement, thus avoiding the fatigue of the wine.
The Sommelier range is available in different sizes and designs designed for three different types of installation: built-in, undercounter and free-standing. In addition, they have reversible doors that allow the wine cellar to be adapted to any space, being able to choose between opening to the right or to the left.
Beko partners with Youreko to help consumer choices with Energy Savings Tool
Beko, one of the leading home appliances brands in Europe*, is delighted to announce its integration with Youreko, an energy efficiency tool that helps consumers choose sustainably and understand the financial running costs when choosing new appliancesThe integration of the Youreko tool on Beko’s website, displays information to consumers on how energy efficient Beko’s appliances are when compared with traditional models and how much money the consumers could save in the long run with manufacturer’s appliances. The tool supplements the listings of Beko’s washing machines, washer dryers, tumble dryers, dishwashers, refrigerators and freezers.Currently operational on the Beko UK website, the Youreko partnership will be further implemented on Beko’s websites in Romania and Poland, helping consumers across Europe to calculate their cost saving potential.
Resource efficiency is a key priority for Beko, particularly in the current economical and climate-conscious environment. This integration with Youreko is an extension of the brand’s ongoing commitment to providing products for their consumers to encourage sustainable living.
The tool helps consumers on Beko’s websites by providing more information on the energy consumption and financial cost of running a particular appliance. Utilising an easy-to-read gold, silver or bronze tiered rating system, the tool signals where money and energy can be conserved most, helping consumers make more informed buying decisions.
By integrating Youreko into its products, Beko is also able to make a smart-recommendation to the consumers based on a product’s energy efficiency rating. This calculation is based upon a comparison against a more traditional, like-for-like model of the applianc
A-Class appliances: what it means.
Starting from March 2021, the new energy label has come into force, and it is mandatory on a wide range of appliances. The EU has established a standard applicable to all appliances to facilitate their comparison.
Thanks to the new classification based on a colour scale, you can identify those with the higher consumption levels (Class G) in red, and those with the lower consumption levels in dark green. By eliminating all “+”, the label has become more understandable, and the appliance classification has become stricter.
How much class A appliances consume and why they are more convenient
In order to understand the convenience of class A appliances, here is the average consumption of the most energy-intensive appliances:
A class A refrigerator with freezer consumes approximately 100 kWh per year, while a class G model consumes almost three times as much.
A class A washer that does 100 full-load washing cycles with the Eco 40-60° program consumes approximately 50 kWh per year, half of a class G model.
The air conditioning unit’s consumption is calculated also based on the SEER, which indicates the seasonal energy efficiency in cooling mode: the higher it is, the higher the appliance’s energy savings. On average, in class A, the SEER is around 8, and the annual energy consumption for cooling is around 100 kWh; while in lower classes, with a lower SEER, consumption can exceed 300 kWh per year.
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