Electrolux has reported a weaker-than-expected market demand and is initiating cost reductions. Electrolux reports for Q3 their market demand for their core appliances in US and Europe is estimated to decreased at an accelerated rate compared with Q2. This is most likely from high inflation on consumer durables purchases and low consumer confidence. High retailer inventory levels have been impacted…
Electrolux partnered with designer, Nicholas Gurney to develop a new Compact Urban Living environment in the Experience Centre at Mascot, Sydney. The 35 square meter hybrid micro apartment is to inspire designers to discover the design possibilities of compact living, which could be the answer to Australia’s urban housing crisis. The number of Australians living in apartments has increased by…
Since 2016, GE Appliances has invested $2 billion in new products, technology and growing its U.S. manufacturing and distribution. Fresh off the CoCREATE Stamford production line is the first GE Monogram Smart Flush Hearth Oven. This is GE Appliances’ newest manufacturing operation based in Connecticut. The company is commitment to American manufacturing and celebrated the production launch with their first…
Electrolux is introducing a new “Appliance-as-a-Service” program for landlords in Europe. They have just signed their first customer in Sweden—Stockholms Kooperativa Bostadsförening (SKB), one of the largest landlords there. SKB is onboard with a subscription-based business model where they pay a monthly fee for Electrolux to install, care for and repair their products. This program should prolong the appliance life…
Smeg partnered with Italian architect in 1995 with Renzo Piano’s a visionary, inspiring designer and a world renowned architect to create a beautiful hob. Smeg looked at their product archives and embraced their Italian roots with the relaunch. They are bringing back their first hob that was unveiled in Milan in a very limited edition of there are only 1,000…
