Reliance Industries has acquired Swedish brand Kelvinator, known for home appliances, through its retail arm—strengthening its position in India’s fast-growing consumer durables
Electrolux Sees Profits Surge in Q2 2025 Despite Revenue Decline
Electrolux delivered a strong performance in the second quarter of 2025, reflecting the early impact of its new management team, which took the helm on January 1. Although revenues fell by 7.5% compared to Q2 2024—landing at 31.2 billion kronor versus 33.8 billion kronor—analysts had anticipated the drop. What surprised the market instead was the sharp rise in profitability.
📈 Operating profit nearly doubled, jumping from 410 million kronor to 800 million kronor, while the operating margin climbed from 1.2% to 2.5%. Net results swung back into the black, reaching 362 million kronor, compared to a loss of 112 million kronor in the same period last year.
According to CEO Yannick Fierling, the company’s core European brands continued to outperform, even amid softer demand and increased competition. The boost in European performance was largely driven by consumers opting to replace older appliances.
🌍 Regional Highlights:
– North America: Slight dip in market demand, yet Electrolux still managed to outpace the competition.
– Latin America: Consumer demand grew modestly, adding to the company’s regional strength.
A key contributor to the quarter’s strong operating profit was a €180 million gain from the sale of the Kelvinator brand portfolio in India. Net profit stood at **178 million kronor**, reversing a previous loss of 80 million, with earnings per share at 0.66 kronor versus -0.30 kronor last year.
💸 Despite the earnings turnaround, operating cash flow after investments turned negative, dropping to -741 million kronor compared to a positive 1,226 million kronor in Q2 2024.
Fierling added, Over the coming quarters, we will increase our focus on key transformation areas, building speed and flexibility across the organization.The outlook for the rest of the year remains unchanged.
SEVERIN EZ 7405 Ice Cream Maker
Hot outside? Stay cool with SEVERIN!
Test-Winning performance for the summer.
As temperatures soar, there’s no better way to cool down than with delicious homemade ice cream and SEVERIN has just the perfect solution. 🍦
The SEVERIN EZ 7405 Ice Cream Maker has taken 1st place in the latest BILD.de test, earning an impressive score of 1.5 (Good)! 🏆
Why the EZ 7405 stands out:
· Top ice cream results: Creamy treats made in minutes
· Customizable preparation: 12 recipe settings & individual configuration
· Integrated compressor: No pre-freezing required
· Easy to use: Intuitive handling, perfect for any kitchen
From classic vanilla to creative frozen creations, the EZ 7405 turns every dessert moment into a celebration. Dr
First in the test. First in your kitchen.
Schulthess’ New Generation of Appliances Wins Red Dot Award
Schulthess’ New Generation of Appliances Wins the Prestigious Red Dot Award The Red Dot Award is a globally recognized seal of excellence in design. Only products that exhibit outstanding design quality are honored by the international jury. On July 8th, the new Vanity Fair washing machine received the coveted Red Dot in the category “Red Dot Award: Product Design 2025.” This is not the first time Schulthess has received this distinction: In the past, they have already won the Red Dot Award with products from both our Professional and Homecare ranges. Schulthess ambition is clear – world-class performance in every area, and of course, that includes product design.
Haier Europe Welcomes Junmin Shen as New Chief Financial Officer
Haier Europe is pleased to announce the appointment of Junmin Shen as its new Chief Financial Officer and member of the company’s Senior Leadership Team.
In his new role, Mr. Shen will oversee Haier Europe’s Finance organization, leading efforts in strategic financial planning, performance optimization, and shaping key priorities that foster continued business growth.
With more than two decades of global experience in corporate finance, mergers and acquisitions, and strategic transformation, Junmin brings a wealth of expertise to the role. A graduate of both Shanghai University and HEC Paris, he has held senior positions at leading multinational firms including Air Liquide and Schneider Electric. Prior to joining Haier Europe, he served as a strategic advisor at Fosun.
Mr. Shen succeeds Nitin Gupta, who departs Haier Europe after two and a half years to pursue new opportunities outside the organization.
De’Longhi Group Hosts Global Sales & Marketing Conference to Drive Strategic Growth
The De’Longhi Group recently welcomed over 200 global managers to its annual Global Sales & Marketing Conference—an event designed to energize strategic initiatives and reinforce the Group’s leadership ambitions. The gathering spotlighted strong consumer response and commercial success across several recent product launches, enhancing brand positioning across all business units.
Key innovations celebrated at the conference included multiple award-winning products recognized with both Red Dot and iF design distinctions. De’Longhi unveiled its new coffee machines—Prima Donna Aromatic, La Specialista Touch, and Dedica Duo—each reflecting the brand’s commitment to quality and user experience. Kenwood expanded its popular “Go Collection” and launched the new Cooking Chef, advancing its footprint in the food preparation space. Braun introduced new models to its air fryer range and elevated its premium ironing segment with the CareStyle 9 and QuickStyle 7. Meanwhile, Nutribullet broadened its reach with the Flip portable blender, entering new categories while reinforcing its presence in blending.
Looking ahead, the conference also showcased the upcoming product portfolio—merging technological innovation, iconic design, and the trademark “joy of use” that defines the De’Longhi Group. These future launches reflect a meticulous process where consumer insights, advanced industrial design, and manufacturing excellence converge under the “Made by De’Longhi” philosophy, promising to enrich everyday life for users around the world.
Gaggia’s new range of super-automatic Professional coffee machines,
G Line is the new range of super-automatic Professional coffee machines, crafted from Gaggia Milano’s heritage of innovation and passion for coffee since 1938. It is designed to deliver reliable performance, consistent in-cup quality, and long-term sustainable value Equipped with a patented Z4000 brewing system, G 300 Krea ensures an exceptional coffee quality. Built with premium components, it guarantees consistent performance and high productivity, even during peak hours. Its intuitive, customisable interface enhances the purchasing process, making it seamless and engaging for every user. The perfect mix of performance, reliability and user experience.
Electrolux new cooker hood
The cooker hoods in the new Electrolux Kitchen Range are not just our most striking, they’re also our most energy-efficient to date. This combination of understated design and leading edge technology makes them perfect to fit seamlessly into your next kitchen project.
The range-leading Electrolux 900 AutoSense Hood has advanced sensor technology that can intuitively detect steam, grease and odours, then automatically adjusts the fan power to freshen and clean the kitchen air. All while using our most energy-efficient motor and reducing energy use by up to 48%.
Personalisation and customisation of the kitchen ambiance is enabled by AuroraTech®, automatically adapting the colour and intensity of the hood’s light according to usage and time of day.
The new Electrolux Kitchen Range is rolling out across Europe now
introduce Sjöstrand Sweden’s iconic coffee brand in UK
Now available from UK trade distribution Beam Group.
Sjöstrand blends classic Scandinavian design with a commitment to sustainability. Their espresso-style capsule machines come in elegant finishes like mirror steel, black, and beige, built with repairable parts to last.
Elevate your home café with barista-grade milk frothers and biodegradable capsules, including their new Boost collection: vibrant wellness blends like Matcha, Beetroot, and Ginger & Lime.
Why choose Sjöstrand?
• Durable machines with replaceable parts
• Nespresso®-compatible and eco-conscious capsules
• Flavourful blends, from espresso to wellness infusions
• Loved by tastemakers across Europe
Now available in the UK —via trade distributor Beam taste the future of sustainable luxury coffee.
Most powerful gas hob
Introducing the most powerful gas cooktop in the industry! With its high-performance X-8™ burners, including a 25,000 BTU burner with the BlueStar award-winning X-8 you get unmatched power and flexibility. These exclusive X-8™ star-shaped sealed burners deliver even heat and total control—on every burner.
WHITEGOODSNOW 