Appliances Push Oz Online Retail Sales Growth To Record
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June 2, 2020
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The NAB Online Retail Sales Index surged in April to the highest recorded monthly growth rate in the series (since 2012) –... Read More
Samsung’s New Hygienic Steam Washing Machines Can Sanitise Clothes
Samsung Electronics Australia is introducing two new 9.5kg washing machines that offer the brand’s own innovative Hygienic Steam Cycle cleaning, which sanitises... Read More
LG Shares Patented Robot Vacuum Cleaner Tech With Miele
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June 1, 2020
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LG Electronics and Miele have entered into a long-term patent licence agreement for robot vacuum cleaner technologies, whereby Miele will be allowed... Read More
Breville Shares Soar After $94M Placement
Kitchen appliance manufacturer, Breville Group, has seen its shares soar over 10% after the company successfully completed a $94 million fully underwritten... Read More
Breville Mulls Equity Raise After Guidance Withdrawal
ASX-listed kitchen appliance manufacturer, Breville Group, is tipped to announce an equity raising of around $100 million – its first since listing... Read More
Australian Market A Bright Spot For Electrolux
Although Electrolux’s net sales contracted by 5.1% in Q1, as a result of the COVID-19 pandemic, Australia was one of the few... Read More
Winning Appliances To Reopen Next Week
Winning Appliances Australian retail and commercial showrooms are reportedly set to reopen by May 11, hot off the heels of the Australian... Read More
Winning Appliances Launches Virtual Showroom
To enhance its shopping experience during COVID-19, Winning Appliances has launched a virtual showroom, allowing customers to experience its flagship Winning Appliance... Read More
CE & Appliance Suppliers Impacted By Surging Dollar
Distributors, many who were caught out by the slump in the Australian dollar to a low of US$0.53 in early March, resulting... Read More
LG Goes After Beko For Appliance IP Infringement
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April 29, 2020
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LG Electronics, headquartered in South Korea, has filed another lawsuit against Beko for intellectual property infringement, this time for its unauthorised use... Read More