Elica S.p.A. announced the signing of an agreement to acquire a 28% stake in Steel Srl , an Italian company specializing in the production of range cookers and high-end outdoor solutions, with a progressive acquisition mechanism upon the occurrence of certain conditions.
This transaction strengthens the Elica Group’s presence in the premium cooking segment, accelerating its penetration of high-potential markets such as the United States and Canada. By October 2028, Elica will be able to acquire an additional 57%, bringing its stake to 85%.
Haier Europe announces new appointments in its Leadership Team
Announcing new strategic appointments within Haier Europe Senior Leadership Team.
Phil Knight is appointed Chief Digital Experience Officer. In this role, Phil will lead the digital strategy for a five-star consumer experience, championing a user-first consumer experience.
Paolo Berti is appointed IT Director, where he will drive our IT strategy and digital transformation initiatives in alignment with the company’s business goals.
Marco Bellinzona is appointed Chief Aftersales Officer. Marco will focus on delivering innovative product and service offerings to enhance customer loyalty and retention, while leveraging technology to streamline after-sales processes and improve efficiency.
Simona Baltateanu takes on the role of Cooking & Dishwashing Product Line Leader. Simona will lead the newly merged Cooking and Dishwashing Product Lines, leveraging her proven track record in marketing strategies and product development to drive efficiency and innovation in both categories.
Lucio Trocino will expand his leadership to include the TV Product Line as Head of SDA and TV Product Line. This strategic move combines Trocino’s extensive experience in both SDA and TV businesses with his expertise in commercial operations and product development.
Completing these strategic appointments, Junmin SHEN joins Haier Europe as the new Chief Financial Officer, as previously announced
Miele Triflex HX3 Pro Aqua
One appliance, total clean: Introducing the all-new Miele Triflex HX3 Pro Aquađź’§
With our innovative Aqua Twister Pro floorhead, this next-gen appliance transforms effortlessly from dry to wet cleaning in seconds. The result? Spotless, deeply cleaned hard floors – with no extra effort. Say goodbye to exhausting manual scrubbing! 🙌
Two rotating pads and a 300 ml water tank enable intensive cleaning up to 150 m² in a single pass. Three water levels can be selected based on dirt level and floor type, while the 360-degree light strip makes hidden dirt visible.
And when vacuuming?
✔️ Up to 70 minutes of runtime – clean large spaces without interruption.  Need more power? Switch to Boost mode at the press of a button.
✔️ An elevated user experience – featuring a brand-new display, BrilliantLight LED, and Miele’s intuitive 3in1 design for effortless cleaning from floor to ceiling.
✔️ Over 99.99% dust pickup – combined with a HEPA Lifetime Filter that captures 99.999% of all particles and allergens. Perfect for homes where hygiene and air quality matter most.
Groupe SEB Reinvents the Appliance Sector with Innovation and Sustainability
Groupe SEB, a historic leader in small household appliances, is expanding with a new reconditioning business and a strategy grounded in innovation, local manufacturing, and sustainability. In 2024, the group posted €8.2 billion in revenue and 5% organic growth, boosted by acquisitions like Pacojet and Forge Adour.
Innovation-Fueled ResilienceÂ
Despite market challenges, the sector grew 8% in 2024 and continues to rise, driven by accessible yet tech-forward products. “Innovation powers renewal and growth,” says Sébastien Alègre, French Market MD, citing Groupe SEB’s 300 annual product launches and 1,500 innovation-focused employees.
Vacuum and Kitchen Products LeadÂ
Vacuum tech, led by the Rowenta X Clean 10 electric mop, accounts for over 30% of global household appliance budgets. Kitchen appliances like air fryers and multi-cookers also surge, fueled by changing lifestyles and a demand for versatile tools.
Beauty Segment Gains GroundÂ
Personal care products, under the Calor brand, have become a strong growth area. Driven by influencer campaigns and evolving home beauty habits, Calor blends design and performance for diverse users.
Made in France, Built to LastÂ
With 11 French sites, Groupe SEB emphasizes domestic manufacturing and long-term repairability—offering 15 years of affordable spare parts.
Haier introduced the HIVA Haiwa — a humanoid robot
In a trade exerbiton in China, Haier introduced the HIVA Haiwa — a humanoid robot built to transform everyday living. Designed as a multi-functional domestic helper, it can tackle chores from cleaning and cooking to ironing and managing appliances, making it a future-forward addition to the modern smart home.
Key Features & Capabilities
HIVA Haiwa isn’t just another robot; it’s an engineering marvel with the following specs and functionality:
Human-esque Design
Standing 165 cm tall and weighing 70 kg, HIVA Haiwa sports a sleek, near-human appearance. Its wheeled base replaces traditional legs, enabling smooth navigation.
-44 Degrees of Freedom: This allows intricate movements, enabling interaction with objects up to two metres high.
– **Remote-Controlled Intelligence**: Currently operated by engineers, HIVA Haiwa is undergoing continuous training to achieve full autonomy, powered by advanced AI.
– **Smart Home Integration**: Seamlessly connects with Haier appliances, offering a unified home ecosystem.
APS Distribution Secures Exclusive UK & Ireland Licence for Tesla Home Appliances
APS Distribution, home to Swift Electrical and several leading kitchen appliance brands, has announced a major partnership with Comtrade Group—brand owner of Tesla home appliances. This agreement grants APS Distribution sole rights to supply Tesla’s domestic appliance range across the UK and Ireland.
The debut collection includes a variety of essential home products, such as fridges, fridge-freezers, cookers, washing machines, and dishwashers. According to APS, these appliances are engineered to deliver exceptional quality and sleek design, offering advanced specifications and backed by market-leading five-year warranties.
Specifically tailored for the UK market, the Tesla range is designed to blend seamlessly into modern kitchens while offering intuitive, accessible technology that simplifies everyday tasks. It’s important to note that Tesla home appliances are not connected with Tesla Inc., the electric car manufacturer. Instead, the brand shares a commitment to innovation, inspired by inventor Nikola Tesla.
The initial launch via Swift Electrical is just the beginning, with additional product lines set to roll out later this year.
Arçelik Group Reports Mixed Q2 Performance: Sales Drop, Margins Improve
In the second quarter, Arçelik Group—the parent company of Beko and majority shareholder of Beko Europe—reported a year-on-year revenue decline of 11.5%, falling from 137 billion Turkish lira to 121 billion. Despite the downturn, the multinational remains balanced in its geographical revenue distribution: one-third from Turkey (where the market remains resilient), one-third from Europe (facing notable headwinds), and one-third from global markets (where strategic investments are beginning to pay off).
– đź“Š Regional volume shifts:
– Italy: +5%
– Spain: +10%
– France & Germany: Declines
– 🌍 Total European sales rose just 1.4% in volume, indicating modest recovery amid operational challenges.
Financial Snapshot: Margins Up, Debt Weighs
While operating costs continue to strain profitability, a weaker U.S. dollar—used to purchase raw materials and components—boosted gross margin from 27.2% to 28.4%.
– ⚖️ EBITDA increased from 4.9% to 5.9%, reflecting operational efficiency.
– 🧾 Arçelik reports progress on its workforce restructuring, having completed two-thirds of planned office staff reductions.
– 📉 However, a debt burden of 7 billion Turkish lira led to a net quarterly loss of 3 billion.
LG Home Appliance Solution – Q2 2025 Snapshot
LG’s HS Company delivered record second-quarter results:
– Revenue: KRW 6.59 trillion
– Operating Profit: KRW 439.9 billion
Despite global challenges, LG maintained strong margins through:
– A dual-market strategy for premium & mass consumers
– An 18% YoY boost in appliance subscriptions
– Expansion of direct-to-consumer (D2C) sales via LGE.COM
– Continued production and operational efficiencies
Looking ahead, LG aims to further grow its subscription and D2C businesses while navigating tariff impacts and easing logistics costs.
European Home Appliance Leaders Urge Brussels to Back Sector-Wide Action Plan
Fifteen leading European home appliance manufacturers, in collaboration with Applia Europe, have issued a joint appeal to European Commission President Ursula von der Leyen, calling for a comprehensive European strategy to support the sector. The signatories include Ariston, Beko Europe, BSH Home Appliances, Daikin Europe, De’Longhi Group, Dyson, Electrolux Group, Groupe Atlantic, LG Electronics, Liebherr, Miele, Samsung Electronics, Groupe SEB, Smeg, and Vorwerk.
Collectively, the industry powers 130 factories and sustains over one million jobs across Europe, contributing a robust €79 billion to the continent’s economy. Through ongoing innovation, these companies play a vital role in helping households reduce their consumption of energy, water, and other resources.
However, Applia Europe warns that rising energy prices, inconsistent regulations, and escalating global trade tensions are threatening the sector’s stability. Without a coordinated policy response, companies may be forced to relocate manufacturing operations outside of Europe—jeopardizing jobs, investment, and sustainability progress.
Introducing Miele New 36” Induction Range Lineup
Miele are turning up the heat in kitchens across North America. The launch of their latest 36” induction ranges marks a milestone—it’s the largest and most versatile expansion of our induction range inventory to date. Whether you’re a seasoned chef or a weekend cook, this new lineup brings power, precision, and convenience right to your fingertips.
🚀 What’s New?
Miele 36” models are packed with top-tier features that redefine what induction cooking can be:
– State-of-the-Art Cooktop Technology: Responsive, sleek, and designed for precision. Say goodbye to hot spots and uneven cooking.
– TwinPower for Fast Heating: Time is precious—TwinPower technology delivers rapid heat so you can sear, boil, or sautĂ© in record time.
– Self-Cleaning Convenience: Let your range handle the mess while you enjoy your meal. Smart cleaning cycles make maintenance effortless.
🌍 Built for Every Kitchen
Whether you’re outfitting a gourmet space or upgrading a family kitchen,the36” range models offer flexible design and intuitive controls to match your lifestyle and your aesthetic. From minimalist to modern, there’s a fit for everyone.
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