Swift saved in pre-pack deal

Swift Electrical, a Uk Stoke-based appliance distributor, has successfully emerged from administration through a swift pre-pack deal. The company faced significant challenges but was rescued by its joint managing director, Anthony Sant. Sant acquired Swift Electrical for an undisclosed sum via APS Distribution Ltd (formerly known as The Recycling Group). The business will continue to operate under the familiar Swift name. Existing orders will be fulfilled, and retailers will receive support for manufacturer warranties from the previous Swift business. This strategic move has safeguarded 34 jobs and secured the company’s future. Sant aims to expand the product range, including brands like Creda, to better serve long-term retail customers.”

Beko is the fourth most sustainable industrial group in the world

Beko is at the top, 44th to be exact, in the ranking of the World’s Most Sustainable Companies compiled by Time Magazine together with Statista. “We are honored, global recognitions like these fuel our action in a global climate context that requires where every action must be increasingly strengthened”, wrote on Linkedin the CEO Hakan Bulgurlu .

With a score of 75.7 / 100 Beko is fourth among companies in the industrial – manufacturing sector and the only Turkish company in the top 100.

Miele celebrities 125 Years

July 1899, Carl Miele Sr. and Reinhard Zinkann registered their new company Miele & Cie. with the vision of making better products rather than cheaper ones. This commitment to ‘Immer Besser’ has guided Miele through 125 years of remarkable achievements.

Starting in a small factory in Herzebrock with just 11 employees and a cream separator as the first product, we launched our first round wooden tub washing machine, the ‘Meteor’, just two years later. In 1907, Miele moved to Gütersloh, where Miele continued to expand their innovative product range and workforce.

Today, Miele is one of Germany’s most respected brands, employing over 22,000 people in 49 countries. Our journey has been marked by many successes and pioneering milestones, as well as challenges and bold decisions that have shaped the company.

From early social responsibility and initiatives such as a company health insurance fund in 1909, to leading the way in environmental sustainability and winning the German Sustainability Award in 2014 and 2023 – Miele has always pushed the boundaries.  risen from a manufacturer of cream seperators and butter churns to a world leader in premium kitchen, laundry, floorcare and medical appliances.

Miele at the IFA Kick-off: 125 years of quality and innovation meet 100 years of IFA

New standards in laundry care and design

Sustainability as a common thread – with a focus on circularity and AI

Attractive promotional appliances and new colour worlds for the anniversary

“I am delighted to have the opportunity to speak to you in this symbolic year” – with these words, Dr Reinhard Zinkann welcomed around 150 journalists to the IFA kick-off in Berlin. The Managing Partner of the Miele Group presented an initial preview of the Gütersloh-based premium manufacturer’s trade fair innovations and other focal topics. Product highlights include, in particular, the new ‘Nova Edition’ series of washing machines and dryers, which promises, for example, maximum protection of textiles.

“Once a Miele. Always a Miele. 125 Years of Quality” – this is the Miele motto for this year’s IFA. “Like no other company in the industry, Miele stands for quality and longevity”, says Reinhard Zinkann, whose great-grandfather founded the company together with Carl Miele Sr. In its anniversary year, Miele is presenting more than 70 attractively equipped special models from all product ranges in two series of special offers: The “125 Edition” includes a total of 28 attractively equipped models with a price advantage and/or free accessories. The 45 appliances in the “125 Gala Edition” also offer a free warranty extension of 125 weeks.

At the same time, the great-grandson of the company’s co-founder of the same name reaffirms his clear commitment to Germany, where Miele currently operates eight of its 15 plants, with investment commitments for the German plants totalling 500 million euros. According to Zinkann, the same strict quality standards apply in all Miele plants and are implemented and monitored 100 per cent everywhere. “Made by Miele is indivisible”, says Zinkann.

Giving appliances a second life

Another part of Miele’s ‘DNA’ is sustainability – at this IFA with a focus on circularity and the inclusion of AI. “We want to give our appliances a second life and are focussing on the reusability and recycling of appliance components and materials.” The company therefore continues to focus on durable, repair-friendly products and resource-saving production. At IFA, the company is also presenting a concept study for the first Miele product that is made entirely from recycled material and can also be completely recycled.

In the field of AI, the company utilises digital applications throughout the entire life cycle of its products: From AI-supported software in research and development, to AI-based optimisation of product quality in production, to AI-supported Smart Food ID cooking detection. Zinkann gave an example of one of the latest functions of the Miele app, which also contributes to greater sustainability: “With AI Diagnostics, we offer our users self-help in the event of appliance malfunctions and thus save many unnecessary customer service calls.”

Sustainable stand concept reused

As announced in 2022, Miele is reusing the sustainably designed IFA stand with modular structures for the third time at this trade fair. This is in combination with the extensive avoidance of waste, climate-friendly logistics and the use of environmentally friendly cleaning agents. In addition, Miele will also be prominently represented in the IFA ‘Sustainability Zone’ exhibition area this year, where it will present innovative approaches and technologies for the topic of circularity.

Zinkann gave an initial preview of one of the most exciting new products at IFA under the heading “Nova Edition”, which refers to the washing machines and dryers that stand out above all in terms of laundry care and design. “I can’t reveal any more here yet, all the details will follow at IFA.”

Versatile new design options

The two new colour worlds for built-in appliances in the handleless ArtLine range are real eye-catchers. With ‘Pearlbeige’, Miele presents a versatile mix of grey and beige, and with ‘Obsidian black matt’, the premium manufacturer picks up on the trend for matt surface textures. Both colours can be individually and harmoniously integrated – both in a dark overall concept or as an elegant accent in a light environment.

As usual, Miele will be presenting its new products with 270 appliances on a stand area of 3,000 square metres in Premium Hall 2.1. Two-star chef Alexander Herrmann will be providing tasty samples at the stand.

Haier ‘Kinouchi Dark Edition’ Air Conditioners launched in India

Haier Appliances India has launched the Kinouchi Dark Edition Air Conditioner. This new model combines modern technology and a stylish design, adding elegance to home spaces.

The air conditioner is available in 1.6 tons and 1.0 tons, offering 20 times faster cooling than standard models and efficiently cooling even at temperatures up to 60 degrees Celsius.The Frost Self-Clean Technology ensures 99.9% sterilization, delivering clean air in 15 minutes with a 6-minute drying time. It features Full DC Inverter technology, an electronic expansion valve, and a dual DC compressor for powerful performance

Currys Profit to Remain Flat

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 

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,

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

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

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