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Consumer
Insight Principles - The Basis for all Electrolux Product Creation
'Consumer
Insight will be the Foundation of ALL Product Development within the Electrolux
Group' says Hans Straberg, Electrolux Group President & CEO.
Consumer Insight forms the basis for all product creation and development
within the Electrolux Group and the group says that the new Insight
Range demonstrates just how closely the group is adhering to this principle.
Research involving over 3,000 consumers was undertaken from the inception
of the Insight project and through the entire development phase. This
research involved shopping studies, focus and discussion groups. Consumer
institutes such as the Future Foundation were also consulted prior to
the UK Launch in July 2005.

At
yesterday's Electrolux lnsight launch in London
The
aim of the research was to understand in-depth the key factors which influence
how a consumer chooses, uses and interfaces with kitchen products
and how this is influenced by lifestyles, eating habits and design preferences.
For many consumers the kitchen is a Dynamic area: efficient and functional
during the week; welcoming and entertaining at the weekend. Kitchen appliances
need to be designed with this in mind. The kitchen is also considered
to be a real statement about who we are and because consumers
are more design conscious, more confident and experimental, more highly
involved in their homes, the call and need for product differentiation
is vital.
The research found that strong design, ease of use and innovative features
ranked highest amongst virtually all Consumer Groups. Electrolux believes
that the new Insight range comes up trumps in all these areas, meeting
clearly identified consumer needs with definitive, different appliances.
Electrolux
Insight New Cooker range: Seeing is believing: Big glass doors and
a patented angled insight cavity means user can 'see more
of whats cooking, without bending and looking!'
Electrolux Insight New Dishwasher: Clearly Unique: Introducing
Visi the Worlds first clear dishwasher.' Simple to use, Stunning
to see.'
Electrolux Insight New Cooling, Side-by-Side Models
3 door 3 compartments with racked, turntable and door chilling.
Silver finish and design aesthetics which allow the consumer to see-in
to a wine cooler.
Electrolux Insight New Cooling Fridge Freezers
Two 'Maxi Chill' models - premium, sleek stainless steel design featuring
a Cool Air Curtain Technology to keep the cold in when the door is open.
Electrolux Insight New Washing Machines: Two 'Maxi load' models 8kg
: 'The Largest Wash Load Available in a Standard Size machine!'
Trade Sales
Freestanding: Tel: 08705 650 650
Built-In: Tel: 08705 822 886
New
Owner puts Expansion on the Menu at Sussex-based Hammonds
The
future of Hove-based Hammonds & Co is secure after the business was
acquired by kitchen and bedrooms manufacturer and retailer Sigma 3.
New owner Sigma 3, established for thirty years, is the largest manufacturer
and retailer of kitchens and bedrooms in its native Wales.
The expanding business has acquired the assets and the trading name of
kitchens, bedrooms, bathrooms and soft furnishings business Hammonds &
Co for an undisclosed sum.
Hammonds & Co, established in 1989, has its headquarters along with
a 10,000 sq ft showroom, offices and a warehouse in Hove. The £2.3m
a year turnover firm employs some twenty people. It has three further
showrooms in Worthing, Chichester and Horsham.
Sigma 3 employs 150 people and has an annual turnover of £13m. It
plans to double annual turnover at Hammonds & Co in two years.
The South Wales based business will manufacture kitchens and bedroom furniture
for Hammonds at its factory at Llantrisant Business Park, Llantrisant.
The state-of-the-art factory recently saw production capability significantly
boosted on the back of a £1m investment in its computerised manufacturing
facilities.
Sigma 3 Retail Development Director Mike Broomhall said: We are
delighted with the acquisition of Hammonds & Co. We expect turnover
at Hammonds to increase by thirty per cent in the first year and to double
in two years with new jobs being created as the business grows.
The acquisition secures our foothold in the south east of England
an area which we view as being both stable and prosperous. There are a
lot of 'chimney pots' in the south east and therefore potentially a lot
of people to buy our products.
Brian Lakin, Sigma 3's founder and Chairman said: The plan for Sigma
3 is to grow turnover in each of our business areas sensibly and profitably.
The acquisition of Hammonds is one part of keeping all sectors in balance
ensuring that we do not become over dependent in any one area of our business.
Commenting on the current state of the kitchens business he said: The
market is performing reasonably overall for us. The contract side of the
business is strong and we have acquired a number of new sites.
Retail sales have slipped a little in recent months but there are
encouraging signs that this situation is set to improve. This deal consolidates
the retail base and also provides a springboard for future growth.
http://www.sigma3.co.uk/
Sub-Zero
Refrigeration & Wolf Cooking Instruments Reveal 'Italian Secrets'
Wolf
cooking instruments and Sub-Zero refrigeration have teamed with the highly
talented Italian cook, Anna Venturi and Underwoods kitchens to create
the U.Ks first bespoke Centre for Corporate Cookery classes and
demonstrations, named, Italian Secrets. The demonstration space is located
at 6 Morie Street, Wandsworth, London. SW18 1SL.
Craig
Davies, CEO and Chairman of the Westye Group Europe Ltd, sole importer
of the luxury American appliances Sub-Zero and Wolf comments I am
delighted that Sub-Zero and Wolf have been nominated as an Official Equipment
Supplier for Italian Secrets. We have greatly enjoyed working closely
with Anna Venturi and Underwood Kitchens to create a cuttingedge
cooking environment, perfect for enthusing corporate clients with a love
of the very best of kitchen styling and outstanding Italian food.
Thanks to their preferred status, Westye will have exclusive use of the
Italian Secrets Corporate Cookery Centre on six selected occasions throughout
the year and Anna Venturi has generously agreed to lay her culinary talents
at Westyes disposal for four of her private corporate cookery classes.
Westye has provided a wide range of products for the Italian Secrets Corporate
Cookery Centre including two Wolf 48" duel fuel ranges, one range
features the charbroiler and griddle and a special ventilation hood complete
with warming shelf and infra-red heat lamps to keep food or plates warm.
From the Sub-Zero refrigeration collection, look for the wine storage
with refrigerated drawers, as well as the over/under fridge freezers and
the under-counter refrigerator drawers. There is also a stand-alone tall
freezer designed to provide extra food storage capability when required.
Sub-Zero is a specialist in American style refrigeration. Each appliance
is handcrafted and is efficient using less energy than a 100-watt light
bulb.
The most recent additions to the Sub-Zero range are the 695 side by side
refrigerator and 736 TCI fully integrated 90cm wide fridge/freezer. The
Sub-Zero range continues to include the integrated 700m series, the 200
series of under-counter models as well as the 400 series of wine storage.
All combination models include the dual compressor refrigeration system,
utilising two separate self-contained cooling systems that prolong the
life of fresh foods as well as preserving frozen foods for longer. Sub-Zero
products are available in Classic Stainless Steel.
The range of Wolf Cooking Instruments includes dual fuel ranges, pyrolytic
built-in wall ovens, electric, gas and integrated cooktops as well as
warming drawers, steamers, fryers, woks and grills. These appliances utilise
the latest technology allied to leading-edge design.
All the built-in and dual fuel ovens have a dual convection system which
delivers even temperature and airflow throughout the oven, providing outstanding
convenience and control over eight different cooking modes. Two fans and
four heating elements operate either simultaneously or in sequence to
ensure faultless baking and roasting.
Westye also has a demonstration space at the companys headquarters
in Debden Essex. The Living Kitchen. It is an exclusive venue for bespoke
private demonstrations, product launches, presentations and corporate
culinary events. An exciting programme is planned for the coming months
including a series of cookery demonstrations featuring top name international
chefs, and fine wine appreciation events.
Tel +44 (0) 20 8418 3800
http://www.sub-zero.eu.com
http://www.wolf.eu.com
IMI
Suggests Sale for Polypipe in Trading Update
In
accordance with its normal practice, IMI plc has issued a trading update
in advance of its interim results announcement for the six months ending
30th June 2005, due to be published on 5th September 2005.
'Underlying trading has continued much as outlined in our Annual General
Meeting statement with the US and Asia still reasonably robust but the
UK and, in particular, mainland Europe markets offering little encouragement.
'In Building Products, although the underlying market for the main Polypipe
pipes businesses is fairly flat, the pricing environment has improved,
the impact of which should begin to show in margin recovery in the second
half. A number of the smaller businesses continue to face market pressures
and further cost reduction measures have been necessary.
'As previously reported we are engaged in discussions with parties interested
in acquiring Polypipe. An update will be given in due course.
'We expect first half profit before tax, goodwill amortisation and exceptional
items, to be around £80m compared with £74.4m last year, before
applying the changes resulting from the adoption of the International
Financial Reporting Standards (IFRS). As stated previously, we do not
expect IFRS to have a material impact on the Group's reported profit before
amortisation of goodwill.'
Pablo
Mongelos Named as General Manager of the Fagor Group
Following
the acquisition of the Brandt Group in April, Pablo Mongelos has been
named as general manager of the Fagor Electrical Appliances Group, which
encompasses Brandt and Fagor Electrodomésticos.
Pablo was born in Mondragón (where Fagor has its headquarters)
in 1964, and is a graduate in Business Sciences.
He joined Fagor in 1988 and worked in several senior export roles until
1996.
In 1997, he was appointed general manager of Fagor's Cooking Line, and
in January 2002 he took charge of the general management of Fagor Electrodomésticos.
For more information on the Fagor Group, or on any of Fagor's range of
built-in and freestanding appliances, call the UK sales office on 020
7354 0044, email mailto:sales@fagorappliances.co.uk,
or visit http://www.fagor.com/uk.
UK
Leads the Way for V&A: Impressive Year-End Results Buck Slow Domestic
Market
Victoria
& Albert Baths has announced strong trading figures for the Group's
financial year ending June 2005, recording an annual +23% increase in
UK sales by volume. With worldwide year on sales up +15% compared to 2004,
V&A Group figures show the UK sector to be the strongest performer
overall, seizing an increased share of the premium freestanding bath home
market. In addition, initial results look very promising in the USA and
Middle East, along with mainland Europe, where the freestanding specialist
has been developing new markets with its solid surface range.
Joe Matthews, Victoria & Albert Baths Group Managing Director says,
Much of the industry is talking about a slowdown but it would appear
to be at the volume, lower, end of the market. There's been no sign of
a slowdown in demand for the niche area of the marketplace where the Victoria
& Albert brand has its core strength.
He continues, The larger contemporary models like the new Sorrento
sit tub launched at this year's EXPO seem to be particularly popular,
along with the angular Capri. The largest area of growth has been with
these and other top of the range models, so if anything the volume figures
underrate our full success.
Our decision to spend a substantial amount of resource on market
research and new product development was the right strategy - consumers
are clearly hungry for products that are both distinctive and beautifully
engineered and obviously solid surface QUARRYCAST ticks all the
right boxes.
Toilet
Seat that Muffles the Sound of Flushing Wins £1,000 Prize
A
University of Huddersfield graduate has won this years Student Plastics
Design Award with a toilet seat design that muffles the sound of flushing.
Derek Muirs Stingray Toilet Seat reduces noise by 40% and is aimed
at parents who may not flush toilets at night in case it wakes young children.
His winning entry met the competition brief of 'sound design' in a product
made predominantly from Bayer MaterialSciences Baydur and Bayflex
polyurethanes.
Muir, who graduated from his product design course with first class honours,
has won £1,000 (€1,476) and a placement with Bayer in Leverkusen.
Also helping him establish his career as a product designer, the University
of Huddersfield has formed a joint-ownership company with Muir to develop
and commercialise an innovative aluminium ladder designed for his final-year
project.
The competition is organised by the Institute of Materials, Minerals &
Mining, with sponsorship from the Worshipful Company of Horners, Bayer
MaterialScience and other companies.
Anyone
For Tennis?
Indesit
is offering consumers the chance to enjoy tennis from the comfort of their
home with an on-line competition where they can win up to £1000
every month.
The Indesit virtual tennis tournament is a European initiative, available
in the UK, France, Spain, Italy and the Czech Republic and is open to
all who visit http://www.indesit.co.uk.
To take part in the competition and be in with a chance of winning, the
consumer must play the virtual tennis game and beat their opponent. They
will receive 10 points each time they win. At the start of each new game
they will also be asked a question relating to the Indesit product range,
each correct answer is worth another 5 points. With 60 points or more,
they will be eligible to register for the monthly draw of this competition.
This virtual tennis tournament competition has been launched to
support Indesit's continued sponsorship of the international ATP tournament
and ATP Champions Race and to reinforce the brand philosophy We
work you play which is at the heart of it's collection of freestanding
and built- in appliances, says Sarah Pascal, Indesit's Marketing
Communications Manager. With innovative, efficient and reliable
features Indesit products have been designed to work hard to simplify
your life and free up that all important leisure time!
The Indesit tennis competition will be on-line for the next six months
and each month a winner in each country will be assigned the £1000
prize in the form of a credit card to spend on whatever they desire.
Tel: 08701 50 60 70
Web: http://www.indesit.co.uk
Marketing
Leads the Way
'There's
a lot more to being a successful distributor besides simply taking orders'
says Martin Carroll, recently appointed Commercial Director of Ideal Bathrooms,
the speciaiist bathroom products distributor. 'It's all about quality
and reliability of service from when we answer the phone to when we deliver
the order.'
To
ensure this philosophy is constantly reviewed and improved wherever possible,
Ideal Bathrooms has established a marketing department under Martin Carroll's
directorship. He brings to the company over 25 years experience in the
bathroom market with the leading manufacturers including Armitage Shanks
and American Standard and spearheads Ideal Bathrooms desire to be the
best in all aspects of customer service.
A number of marketing innovations are in the pipeline, ranging from the
development of a website with potential for interactive e-commerce to
an ongoing extensive training programme for all internal sales personnel
on product innovations and general customer service interaction.
Hayley Hopkins has been appointed as Marketing Co-ordinator to assist
Martin in delivering these new marketing initiatives.
'Our aim is to deliver the best of everything - the best price guide,
the easiest to place an order with, the most proactive and focused sales
teams and the most satisfied customers' adds Martin. 'And we are continually
striving to improve in whatever ways we can, responding to our customers
needs.'
The 'big yellow book' - ldeal Bathrooms' price guide which is instantly
recognised by all in the market, is now produced quarterly to make it
even more up to date, responding rapidly to price changes and new product
additions as they occur.
The centralised call centre has been increased to 30 people with a specific
aim of answering all phone calls within just two to three rings, with
the external sales force now numbering eight people, both internal and
external are dedicated to working closely with customers.
'Our aim is to not only take our customer's orders, but to also manage
them' says Martin. 'In Displays and Specials we have two specialist departments
that manage our customer orders from point of order to delivety. At every
stage we are in touch with our customers to ensure that they understand
exactly what is happening.'
A new initiative is the formation of a Pro-Active Sales team. The team,
numbering three, is led by Rachael Percival, a newcomer to Ideal Bathrooms,
whose background is steeped in delivering service. 'Our aim' says Rachael
'is to ensure that every customer has a personal contact within the company
and every customer has the opportunity to benefit from our special offers.'
With a tumover already over £40 million, Ideal Bathrooms believes
its marketing activities will be instrumental in further increasing its
sales to those bathroom retailers who demand the highest levels of service
support.
Radio
Interview Sees Boost in KBSA Web Inquiries
An
interview between London-based LBC Radio and Kitchen Bathroom Bedroom
Specialists Association managing director Graham Hayden saw a boost in
KBSA web inquiries from consumers.
The interview, on the LBC Charlie Jordan Sunday afternoon show, spotlighted
the need for consumers to deal only with reputable retailers and outlined
the dangers of dealing with 'cowboy' operations.
As a direct result of the interview, requests made via the KBSA website
for the KBSA publication 'The Dos and Don'ts of Buying a Kitchen' increased
by a staggering 300 per cent in the Greater London area.
This was an excellent means of communicating key KBSA messages to
the consumer, said Graham Hayden. We are continually warning
against dealing with any retailer whose credentials cannot be readily
checked - and the more times we put this message out, the more our website
leads increase.
We are committed as a trade association to upholding best standards
of quality and customer service throughout the interiors industry - and
to protecting the consumer against the pitfalls of dealing with rogue
traders.
The KBSA website, which offers both practical advice on interior design
and details of KBSA members throughout the UK, can be accessed at http://www.kbsa.co.uk
Bathsystem
Looks for Remedy at Interbuild 2006
An
off-site bathroom and kitchen pod manufacturer aims to further enhance
its standing in the UK market with a major flag-waving mission at Interbuild
2006.
Italian based Bathsystem Europe says that while most people in the construction
trade will be familiar with its products from high-profile projects such
as the Lowry Hotel in Salford, they may not associate them with its brand
name.
The company intends to remedy that as soon as possible and sees a visit
to Interbuild in April as a golden opportunity to gain some additional
exposure.
'We've been working as a company in the UK for eight years but marketed
via agents and not often under our own name,' explained UK Operations
Director David Wardle.
'While our product is known in certain quarters of the UK construction
trade, it's not known by nearly as many people as we would like, so we
are very keen to develop the Bathsystem brand name.'
The company operates extensively in the Republic of Ireland, where Anja
Winterwerber heads up the Dublin office, while David is based in Cheshire.
Around 6,000 pods per year are produced from factories near Brescia in
the Lombardy region of Italy and at the newly-opened Longford plant in
Ireland - and production capabilities will expand even further in the
next year or so.
Bathsystem maintains that by manufacturing in controlled factory conditions,
no time is lost to poor weather and the quality of the finished product
is consistent and controlled.
There are also added benefits on site in terms of reducing health and
safety risks, environmental impact and addressing sustainability far outweigh
the traditional options.
All projects are bespoke so it is possible for clients to choose from
a wide range of fixtures and fittings from budget to luxurious and modern
styles.
As well as the prestigious Manchester hotel, the company supplies university
halls of residence and has recently completed projects for numerous hotel
groups. Residential projects include The Bridge for Persimmon and Brindley
Place, Birmingham.
Added David: 'Our aim is to stamp the name of Bathsystem around the community
of architects, developers and contractors and we feel confident that Interbuild
will produce that audience for us.
'We have one of the most technically advanced production systems on the
market and are planning to turn a few heads when we meet up with familiar
and new faces at the exhibition.'
Bathsystem will be just one of hundreds of exhibitors at Interbuild 2006
- UK construction's premier event which attracted more than 44,000 trade
professionals when last held in 2004.
It takes place from April 23 to 27 at the NEC in Birmingham and entry
is £20 on the day but free to visitors who log on at http://www.interbuild.com
to register their details in advance.
BSH
is the Best for Comet - Two Major Industry Awards Won by BSH
BSH
Home Appliances has beaten off formidable competition from within the
industry to win two major awards for Best Delivery Performance
and Best Brand at the annual White Goods Forum held by leading
electrical retailer, Comet in June 2005.
The Best Delivery Performance award was based on an overall
points system operated by Comet during 2004. As well as marks given for
service and continuous improvement, management teams in each distribution
centre were asked for their views on the suppliers, which counted towards
the final results.
In the Best Brand category, outright winner was Bosch, one
of the four household name kitchen appliance brands comprising the BSH
stable in the UK.
The Comet award ceremony was held in Harlow, Essex and was attended by
representatives from all the major manufacturers of domestic appliances
in the UK, including the Electrolux Group, Hoover Candy, Whirlpool and
Stoves.
BSH was represented at the award ceremony by Chief Executive Officer (CEO)
Uwe Hanneck and BSH Account Manager for Comet, Mark Young who said: BSH
has demonstrated consistent improvements on the working relationship between
both businesses in recent years. These awards recognise the commitment
and effort shown by the whole BSH team towards Comet
At BSHs head office in Milton Keynes, the man responsible for ensuring
that the goods are delivered on time is Group Logistics Manager, Joe OSullivan.
Of the Best Delivery Performance award he says: We have
worked hard on strategies to deliver long term benefits to all our customers
- not just to Comet - so we are thrilled to have won this award in recognition
of our efforts. Our aim has always been to be the benchmark of the industry
in terms of service to our customers: Looks like we are well on our way
to achieving this!
Comments BSH Strategic Development Director, Steve Holton: BSHs
business with Comet has grown significantly over the last few years. We
have had to adapt to the changes and meet the increased demand for our
appliances with improved availability, more flexibility and even greater
responsiveness. I am very proud of the BSH team as they have pulled together
to achieve these prestigious awards while at the same time retaining the
personal touch for which we have become renowned

BSH Account Manager for Comet, Mark Young (left)
with BSH Group Logistics Manager, Joe OSullivan (right) proudly
displaying the two elegant glass awards at BSHs head office in Milton
Keynes.
New
Neff Double Oven Wins GHI Accreditation
The
built in cooking appliance specialist Neff has just received a prestigious
stamp of approval from the 'Good Housekeeping Institute' (GHI) for new
double oven model U1644.
After extensive testing and assessment against a battery of set criteria
- including performance, ease of use, design & instructions - the
testers unanimously agreed that Neff's new oven is worthy of GHI accreditation.
Open to manufacturers and retailers of food and non-food products, the
GHI accreditation scheme carries an independent stamp of approval, widely
recognised as a quality standard by consumers who find it hard to distinguish
between the many different brands currently on the market.
The capacious U1644 double oven is an integral part of Neff's new cooking
collection for 2005. It features electronic control with 'ClearText' to
guarantee excellent cooking results by maintaining the oven temperature
plus a new shelving system called 'FlexiRail' in both ovens to allow you
to move shelves around to tailor make them for individual culinary requirements.
Lighting has been particularly well thought out on the U1644 with 'NeffLight'
in the main oven offering bright halogen light on all three shelf levels
at once and cleaning has not been forgotten with the inclusion of practical
'CeramiClean' liners to absorb fat and grease throughout the lifetime
of the appliance.
The Good Housekeeping Institute has long been at the forefront of consumer
issues and has been testing products in its research centre since 1924.
It has a well-earned reputation for championing the rights of consumers
to buy good value products that work well. In 2005, the GHI still leads
the way in offering clear, concise advice to consumers who trust their
verdict on real life testing.
Comments Neff Brand Manager, Hannah Watson: Winning GHI accreditation
is the ultimate accolade for Neff as it provides us with an unbiased endorsement
from a well respected independent body. It confirms our own belief that
the U1644 boasts the most practical and ergonomic features of any double
oven currently available in the UK. The GHI accreditation logo will shortly
be appearing on all our promotional literature & advertising material
SEB
Reports First-Half Sales up 3.3%
SEB's
consolidated sales rose 3.3% to €1,003.1m in the six months to 30th
June 2005. This performance, achieved in a persistently difficult European
business environment, illustrates the impact of the Groups long-term
strategy, based on sustained international expansion and targeted acquisitions.
First-half sales included an aggregate €47.2 million in contributions
from All Clad, consolidated over the full six months, and from the more
recently acquired Lagostina, over two months, and Panex, over one month.
Based on a constant scope of consolidation, interim sales were down 1.5%
at current exchange rates and 2% at constant exchange rates.

The second quarter saw little change in the general economic environment,
which remained lacklustre in Europe but much more buoyant in the Americas
and the rest of the world. On the other hand, the currency effect was
once again positive, led by the stronger Brazilian real and Korean won.
The US dollar, however, continued to have an unfavourable impact on Group
sales for the period.
In France , consumer spending remained weak and prevented the Group from
making up the shortfall in sales reported in the challenging first quarter.
In particular, the lack of demand affected the breakfast lines, fryers
and vacuum cleaners. On the other hand, the Groups assertive strategy
in the entry level and premium segments has begun to deliver results,
with a very satisfactory performance from the Principio line and strong
sales in several high value-added product families like Nespresso espresso
machines, steam generators and Clipso pressure cookers.
In the rest of the European Union, the persistently sluggish economy led
to a build-up in retailer stocks, whose slow absorption weighed on reorders,
particularly in Spain , Greece and the United Kingdom. The UK did, however,
experience a very slight upturn in demand at the end of the period. Business
remained poor in Italy , where Lagostina has nevertheless opened up a
new pathway to growth, and uneven in Germany , while Scandinavian sales
continued to expand.
In North America, after a robust first quarter in the United States, led
by the introduction of new Krups lines and the fast take-off of the new
Rowenta irons, sales of both brands eased to more normal levels in the
second quarter. T-Fal cookware sales held firm, while All Clad maintained
its momentum, adding €35 million in sales over the first six months
of the year. On a constant scope of consolidation and exchange rate basis,
sales were unchanged from first-half 2004. In Canada sales were down for
the half, but showed encouraging signs in the second quarter, while in
Mexico, demand remained strong and of good quality throughout the period.
Performance in South America reflected the still generally favourable
economic environment. In Brazil, the Group won new market share and widened
its lead over the competition. Excluding the consolidation of Panex, sales
rose nearly twice as fast as in the first quarter. They also continued
to expand in Venezuela as well as in Argentina, where the Group consolidated
its second-ranked position in the market. The new Peruvian business has
started up in line with forecasts and initial slotting has been satisfactory.
In the rest of the world, which now accounts for 27% of consolidated sales,
Groupe SEB further enhanced its presence, led by the ramp-up of new subsidiaries,
especially in Asia, a broader product line-up reinforced sales teams and
the ongoing diversification of its distribution network. This assertive
process helped to drive faster growth across the region, with a particularly
satisfactory performance in Japan, where positions were consolidated in
both cookware and electrical products; in Australia, where sales of food
processors and irons increased during the period; and in Central Europe,
notably in Poland. In the CIS and Turkey, where the Group was already
highly present, the product line-up was successfully deployed and geographic
coverage was expanded.
Excellence
Report for Neff Area Manager
At
the inaugural Design Innovation Awards ceremony staged earlier this month
by the KBSA (the KBB industrys national Kitchen Bathroom Bedroom
Specialists Association), Neff area business manager Ray Foley (pictured)
became the very first recipient of the Supplier Excellence
award.
Although
originally intended to be a Company, rather than an Individual persons
award, the KBSA was inundated with entries personally nominating Ray Foley
of Neff for the title of Supplier Excellence.
Comments KBSA Managing Director, Graham Hayden: These new awards
are designed to reward talent and highlight outstanding individuals, like
Ray, who demonstrate the very best in class from within the KBB industry
Adds Neff Sales Director, Mike Jarrett: This award is richly deserved.
The people that matter, i.e. Rays dealers, have rewarded his expertise
and professionalism in a very public way
Ray Foley has been with Neff for eight years as an area business manager
covering Herefordshire, Worcestershire, Wales, Bristol & Avon for
the brand.
He is married to Debbie and has two young children aged 5 and 3. On his
achievement, Ray says modestly: This award has been won on behalf
of all my colleagues at Neff. We work as a team
At the event, Ray was presented with a specially engraved glass trophy
by the Award evenings star host, singer Toyah Willcox who performed
live on stage to the delight of the invited audience from the UKs
KBB industry.
In addition to the Supplier Excellence award, four other major
awards were presented at the inaugural KBSA ceremony held at the Millennium
Copthorne Hotel in Slough after the associations AGM on 16th June:
for Kitchen Design, Bedroom Design, Bath
Design and Retailer Excellence.
Shires
Bathrooms Scores with Arsenal Football Club
Q.
How many loos in a football stadium?
A. Approximately 1000!
Or at least that is the case at Arsenal Football Clubs new Emirates
Stadium which will be music to the ears of Arsenals fans when the
Stadium opens in 2006. The days of dashing out to avoid the half-time
queues will be long gone.
Shires Bathrooms scored the winner when it received the order for 1000
Remo back-to-wall pans together with a selection of Remo basins, wall
hung pans and urinals. Shires also won the order to supply Doc M packs
for the disabled facilities which will feature Arsenal red, custom designed
hand rails, toilet seats and accessories.
The company has been involved in this project for the past two years,
working closely with the main contractors on the site, Sir Robert McApline
and MJNColston, to specify the optimum product for the job, and as the
half time whistle blows fitting of the sanitaryware is just beginning.
Kenny Cameron, Director and General Manager of Shires Ltd, comments: We
were commissioned by the architects at the site about two years ago and
have been working closely with them since. The order is the culmination
of the teams hard work and efforts and we are now seeing the project
come to fruition with the fitting of the products.
We are delighted to be involved in this project and to be supplying
the new stadium with the sanitaryware. Arsenal Football Club is one of
the most respected clubs in Britain and Europe.
Over many years the company has been involved in several football stadium
refits including Leicester Citys Walker Stadium and the Madejski
Stadium, home to Reading FC and London Irish RUFC.
Shires Bathrooms has an extensive range of sanitaryware. For further information
on the Remo suite or any other Shires Bathroom product, please contact
Shires Bathrooms on 0870 160 4414 or visit http://www.shires-bathrooms.co.uk
Maytag
Corporation sets date for Meeting of Stockholders to Vote on Merger Agreement
Maytag
Corporation announced on July 13th that it has scheduled a special meeting
of stockholders for August 19th, 2005, to consider and vote on the adoption
of the merger agreement with Triton Acquisition Holding Co. As previously
announced on May 19th, 2005, Maytag and Triton Acquisition Holding Co.,
an entity organised by an investor group led by Ripplewood Holdings L.L.C.,
have entered into a merger agreement pursuant to which Maytag would become
a subsidiary of Triton Acquisition Holding Co., and Maytag stockholders
would receive $14.00 in cash for each of their shares of Maytag common
stock.
Stockholders of record of Maytag as of July 20th, 2005, will be entitled
to vote on the transaction. Maytag plans to mail definitive proxy material
to its stockholders on or about July 20th, 2005.
Maytag Corporation also announced that it has received notification from
the Federal Trade Commission (FTC) that the FTC has granted early termination
of the waiting period under the Hart-Scott-Rodino Antitrust Improvements
Act of 1976.
The transaction remains subject to the receipt of debt financing by Triton
Acquisition Holding Co., stockholder approval and other customary closing
conditions.
Maytag Corporation is a $4.7 billion home and commercial appliance company
focused in North America and in targeted international markets. The corporation's
primary brands are Maytag®, Hoover®, Jenn-Air®, Amana®,
Dixie-Narco® and Jade®.
Electrolux
Divests Indian Operation to Videocon and Signs Distribution Agreement
Electrolux
signed an agreement yesterday for divestment of its Indian appliance operation,
including all three production facilities to Videocon, one of India's
largest industrial groups.
The agreement involves a license for Videocon with the right to use the
Electrolux brand in India for a period of five years, as well as the Kelvinator
brand in India and selected markets for an unlimited time. The license
agreement will include strict criteria regarding design, quality, product
offering and market communication for the Electrolux brand. Electrolux
will have a branch office in New Delhi for implementation of the license
agreement as well as for purchasing.
'Although the operation in India showed substantially improved profitability
in 2004 and 2005 it would take time to achieve an appropriate level of
profitability with its present structure. We are now changing over to
a distribution agreement with Videocon, the leading company in consumer
electronics and appliances in the Indian market. The Electrolux brand
will thus maintain its presence in the Indian market and will benefit
from Videocon's extensive distribution network', says Johan Bygge, Head
of Major Appliances Europe and Asia/Pacific.
The agreement will involve a maximum cost for Electrolux of SEK 600m,
which will be taken in the third quarter of 2005. The effect on the Group's
cash flow amounts to approximately SEK 350m. As part of the agreement
Electrolux will become owner of approximately 5% of the shares in Videocon
Industries Ltd.
The Electrolux Group's Indian appliance operation has annual sales of
approximately SEK 550m and about 1,100 employees. The operation has been
loss-making for several years. The transfer of the operation to Videocon
will take effect immediately.
The Electrolux Group is the world's largest producer of powered appliances
for kitchen, cleaning and outdoor use, such as refrigerators, washing
machines, cookers, vacuum cleaners, chainsaws, lawn mowers, and garden
tractors. Every year, customers in more than 150 countries buy more than
55 million Electrolux Group products for both consumer and professional
use sold under famous brands such as AEG, Electrolux, Zanussi, Frigidaire,
Eureka and Husqvarna. In 2004, Electrolux had sales of SEK 121 billion
and 72,000 employees.
Web: http://www.electrolux.com
Hoffmann
is a Feature at Westwood
At
his workshops near Haywards Heath, West Sussex, David West makes bespoke
hardwood. Westwood Furniture was established 12 years ago and has grown
steadily by word of mouth.
The
companys workshops are equipped for versatility and it will undertake
work ranging from single items like bookcases, sideboards or dining room
tables, right through to fitting out an entire study or home entertainment
suite.
One of the most used machines in the workshop is the Hoffmann MU2 bench-top
keyway router which is used to rout out the slots in the faces of components
to be joined using the Hoffmann serrated dovetail keys.
David West can't praise the system enough: We use it a lot. It is
so fast and accurate and the joints we achieve are always secure and tight
he explains. We use it for frame work, constructing face frames
for in-frame designs and also for doing mitre joints on all our plinths
and cornices. It is so fast and, of course, we don't have to go through
the laborious and time consuming procedure of clamping everything.
At present David West is working on an item where the customer was shown
how the dovetail key can be used as a visual feature - it proved to be
a great selling point. The components are joined using the Hoffmann key
which is recessed by routing the keyway slot deeper. An identical walnut
cap is then placed on top of the Hoffmann key and finished flush with
the surface of the furniture item.
The versatility of Westwood Furniture's workshops can be seen by viewing
pieces in its showrooms or on the companys website http://www.westwoodfurniture.co.uk.
Tel: 015242 62500
Email: mailto:info@hoffmann-uk.com
Social
Housing Refurbishment Drive Gets Multi-Billion Pound Boost
Tenants
in social housing deserve decent homes, Housing Minister Yvette Cooper
said in Harrogate recently. Speaking at the Chartered Institute of Housing's
annual conference, she said the Government was committed to improving
housing and building new homes for the next generation.
She announced a £3bn funding package to refurbish 125,000 homes
to modern standards and build 1,400 new social rented homes. Of that £3bn,
£1.8bn will be levered in from the private sector.
'We need to build new homes for the next generation and to make sure social
housing meets the modern standards tenants have a right to expect. It
is not fair that at the beginning of the 21st century some social tenants
should be living in houses without decent kitchens or bathrooms or even
without proper heating or with old leaky windows. That is why the decent
homes programme is so important.
'We have seen £21bn invested since 1997 refurbishing old council
housing, transforming the lives of tenants. The number of non-decent homes
has dropped by one million as a result. Today's announcement of £3bn
will help 125,000 more families get a decent warm home.
'The funding will also help build new social homes. This country needs
to build more homes for the next generation, both in the social and private
housing sectors. If we don't we will deny too many of the next generation
of young people the chance for an affordable high quality home.'
As part of the Decent Homes drive the Minister announced 61 schemes, involving
34 local authorities that will ensure social rented homes meet minimum
standards of decency, and boost provision of new social rented homes.
Announced in the 2005 round of programmes are 11 new transfer schemes
to registered social landlords; ten schemes have been awarded places on
the Arms Length Management Organisation (ALMO) programme including an
existing ALMO being extended; and seven new Housing PFI schemes.
As well, 33 schemes held open to receive gap funding will enable councils
to transfer to registered social landlords when their stock has a negative
value.
Also announced was the first Efficiency Challenge Fund grants to groups
of social landlords, which the Minister said would improve the quality
and reduce the costs of work needed to meet the decent homes target.
'They will do this by co-ordinating their procurement activities, using
joint arrangements to get better value and look for ways to maximise the
positive impact their very large collective spending can have on the wider
community, in regeneration, employment and training.'
Three consortia won funding for projects, covering 28 LAs, ALMOs and RSLs
in London and South Yorkshire with 340,000 dwellings. They plan to set
up arrangements to procure jointly over £2bn of capital works needed
to meet the decent homes standard, producing significant efficiency gains
which will be reinvested in the members' housing stock. The Minister challenged
other social landlords to put forward their own plans for support from
the Fund.
Giving people choice remains high on the Government's agenda and £4million
has been provided to support the creation of sub-regional and regional
choice based lettings. Social landlords will also be updated on our CBL
policy at the CIH conference by issuing a promotional leaflet on choice.
New guidance for social landlords has been also been issued, enabling
them to draft their management strategies to implement policies to deal
with rent arrears. This includes early intervention, direct and personal
contact with tenants, rent incentive schemes, and enhanced welfare benefits
advice and referral to debt counselling services.
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