Whirlpool joining U.N. Global Compact’s CEO Water Mandate wil

Whirlpool CEO and Chairman Marc Bitzer has signed a commitment to join the U.N. Global Compact’s CEO Water Mandate, a platform for business leaders to advance water stewardship. Endorsing companies commit to actions that conserve water across six key areas, including our operations and products, supply chain, watershed management, collective action, public policy, community engagement and transparency. “Joining the U.N. Global Compact’s CEO Water Mandate will help to guide us in driving business awareness and actions in support of achieving some of our key Sustainable Development Goals,” said Whirlpool Corp. Chairman and CEO Marc Bitzer. “We’re proud to join this compact along with more than 230 other endorsing companies, and we look forward to continuing the implementation of changes in our operations worldwide that will conserve water for current and future generations.”

AEG washing machine

AEG completely renews the washing and drying ranges. Redesigned in terms of design, technologies and connectivity, the new washing machines, washer-dryers and dryers received the 2022 Red Dot Design Awards for the functional and aesthetic quality achieved. Four series, distinguished by their main characteristics. The new models equipped with connection, on the market from April 2023, are in fact designed to be able to learn from the user’s habits and offer a personalized experience at each wash thanks to the My AEG Care app .

Implemented with new functions and improved in terms of information, the application sends ad hoc notifications that can be viewed on the display of the appliances: if the suggestion is accepted, the machine downloads and incorporates the new settings, to adapt to everyone’s needs. Plus, by pairing the My AEG Care app with Google , just use your voice to adjust the temperature, turn on, pause or turn off. Not only. pressing the SyncDry button on the dryer, the latter and the washing machine are automatically connected to each other. Once the washing program has been selected, the special function establishes the most suitable drying cycle based on the weight of the washing machine load, setting the execution timer. Finally, for maximum customization, it is possible to save up to three favorite programs directly on the control panel, so as to always have them at hand.

Grundig new built-in oven

The new Grundig range of built-in electric ovens features innovative cooking technologies, designed to save time and effort. Thanks to a new fan system and a redesigned oven interior, the HotAero Pro technology ensures even heat distribution throughout the oven, delivering more even cooking results every time.

The range include 60cm single ovens, 90cm ovens, and 45cm compact ovens. They are equipped with multiple functions, including steam cooking, pre-set recipes, and self-cleaning technologies that help cookers to obtain the best results.

It is also available the Grundig 90cm Multi-function Double Oven featuring eight cooking functions for the main oven and four functions for the top oven. For ultimate ease, this model is also equipped with useful cleaning features, including nano-coated glass doors and catalytic oven liners.

Whirlpool anouce delivery surcharge for independent retailers

Whirlpool UK is planning to introduce “a nominal delivery surcharge” for all small trade units going to independent electrical retailers.

We understand that this change applies to all Whirlpool Group products, including the Hotpoint and Indesit brands. At the end of last month,
retailers received a plan update letter from Whirlpool

Godrej Dark Edition refrigerator

Unveiling Godrej Refrigerators – Dark Edition! Join us on this exciting journey and discover the brighter side of dark. This special edition features refrigerators with a premium finish elevating your kitchen’s interior and innovative technology that thoughtfully caters to your needs.

Godrej Appliances, a business unit of the highly diversified, Godrej & Boyce Mfg. Co. Ltd. is one of the largest players in the home appliances space in India. In 1958, Godrej was the First Indian Company to manufacture Refrigerators & has now become synonymous with the category.

LG India new production line

After more than 25 years of providing people in India with innovative products, LG has become a household name in the country by building its reputation as the top producer of home appliances. Last year, the company was even named by TRA Research as the Most Trusted Brand in the refrigerator and washing machine categories as well as the air conditioner and microwave oven categories, which not only suggests LG India has retained trust and leadership, but also enhanced its portfolio in this vital market.

So, to perform its duties as an industry leader while reaffirming its commitment to the government’s ‘Make in India’ mission, LG has invested a total of approximately 24 million USD to open a new manufacturing line for its premium side-by-side refrigerators in Pune, India.Equipped with advanced technologies and machineries, the upgraded Pune campus can produce 200,000 side-by-side refrigerator units every year as well as a large number of double-door and single-door refrigerators.

De’Longhi Eletta

The new De’Longhi Eletta Explore – the ultimate bean-to-cup coffee machine designed to elevate consumers’ coffee experiences at home.
With the ability to make endless varieties of hot, cold, and cold brew coffee drinks at the touch of a button, the Eletta Explore features three proprietary technologies, including LatteCrema Hot, LatteCrema Cool, and Cold Extraction, to satisfy every coffee lover’s needs

Electrolux Group has received a Statement of Objections from the French Competition Authority

The French Competition Authority has issued a Statement of Objections involving various parties within the home appliance sector and where Electrolux France is alleged to have acted in breach of antitrust rules in France between 2009 and 2014.

A Statement of Objections is a formal step in an investigation whereby the investigation services of the French Competition Authority (Autorité de la Concurrence) inform the concerned parties of its preliminary findings (before the case is presented to the judging panel of the French Competition Authority). The Statement of Objections does not prejudge the final outcome of the case.

As previously disclosed in press releases and annual reports, the company became in 2013 the subject of an investigation by the French Competition Authority regarding possible violations of antitrust rules. The Authority has thereafter decided to conduct two separate investigations one of which was completed in December 2018. The Statement of Objections that now has been issued relates to the other investigation.the French Competition Authority’s Statement of Objections it is alleged that various parties within the home appliance sector have breached the antitrust rules. In particular, Electrolux France is alleged to have breached the antitrust rules by conducting resale price maintenance in the home appliance sector between 2009 and 2014 and by exchanging with other parties competitively sensitive information relating small appliances in France between 2009 and 2014.

The Statement of Objections is currently being carefully analyzed and Electrolux is preparing its defense. Nevertheless, given the alleged infringements and the nature of this investigation, it cannot be ruled out that the outcome could have a material impact on the Group’s financial result and cash flow. At this stage it is however not possible to evaluate the extent of such an impact.

This is information that AB Electrolux is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication

STATEMENT BY STANISLAS DE GRAMONT, CHIEF EXECUTIVE OFFICER OF GROUPE SEB:

2022, in a difficult general economic environment and after a record year in 2021, our sales were globally resilient. We are particularly pleased with our performance in China, where Supor for the first time exceeded the two-billion-euro turnover mark. However, our results were impacted by significant headwinds. In this context, the Group was once again able to demonstrate responsiveness and quickly implement effective action plans to adapt to market developments and protect its profitability.
 

At the same time, and beyond short-term imperatives, we have continued to invest in our strategic levers: product innovation, the international deployment of our champion products, the attractiveness of our brands, and the activation of all distribution channels. No truce either for our investments in our competitiveness – industrial, logistics, information systems -, which are all crucial for the future. I would like to salute and thank the unfailing commitment of all the teams, which has been essential in these achievements.

For the year 2023, visibility remains limited. Despite a first quarter that is anticipated to be down, the Group expects a gradual improvement in sales in its Consumer business, strong revenue growth in Professional sales, as well as an increase in its operating margin for the year as a whole.

We are confident in the continued development of the global market for Small Domestic Equipment and Professional Coffee, in which we continue to strengthen our presence with the recent acquisition of the La San Marco company. We remain convinced of the relevance of our economic model, which will allow us to take full advantage of strong structural demand, a source of growth opportunities for Groupe SEB.