Appliances – Page 36

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REVIEW: Roidmi F8 Storm Takes On Dyson

Roma Christian June 29, 2018 No Comments

Known as the ‘Apple of China’, parent company Xiaomi has taken on Dyson, with the launch of Roidmi’s F8 Storm – claimed to be the world’s first “smart app cordless…

Winning Appliances Jump On Kambo’s Closure

Roma Christian June 29, 2018 No Comments

Winning Appliances has capitalised on the demise of Kambo’s owners (Kamb Investments Pty Ltd), with the opening of its new WA commercial outlet, in a former Kamb-leased space. The premium appliance…

Miele Releases New 8kg Heat Pump Dryer

Athina Mallis June 27, 2018 No Comments

Miele is releasing a new heat pump dryer, the 8kg Miele TCE 630 WP boasting a 10-start energy rating. This heat pump dryer is supported by Miele EcoDry technology, which…

Dyson Rejection Leads To Godfreys Spiral Down

Roma Christian June 26, 2018 No Comments

Following its fourth profit warning this year and a 14.8% sales slump, recent reports claim Godfreys’ decision to not stock Dyson vacuum cleaners has lead to the retailer’s near demise.…

Godfreys Co-Founder Snares Majority Stake, De-Listing Likely

Roma Christian June 22, 2018 No Comments

Godfreys Co-Founder, John Johnston (99), has today achieved a 91% stake in the vacuum cleaner retailer, allowing him to compulsorily acquire remaining shares, and propose de-listing from the ASX. The…

Godfreys Posts 4th Profit Warning, Sales Down 14%

Roma Christian June 14, 2018 No Comments

Specialist vacuum cleaner retailer, Godfreys, has post its fourth profit warning for the year, with full-year earnings guidance forecast to be between zero and $1.5 million – a notable drop…

Kambo’s Enters Administration, Buyers Circle

Roma Christian June 12, 2018 No Comments

Iconic WA retailer, Kambo’s, has entered administration, resulting in the closure of all company-owned stores over the weekend – news which has caught the interest of several interested buyers. Previously…

Kaufland, The Name Kogan Forgot When Hyping Up Appliances

David Richards June 11, 2018 No Comments

When Kogan was hyping up their entry into the house brand appliance market last week that led to a spike in their share price one word was missing from their…

ECOVACS Lists To Shanghai Stock Exchange

Roma Christian June 4, 2018 No Comments

With Australia considered a “strategically important market”, Ecovacs Robotics has announced its debut on the Shanghai Stock Exchange with an IPO of 40.1 million shares [10% of total post-IPO equity].…