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APPLIANCES  / INDUSTRY
Fisher & Paykel Say They Are Not A Creditor With Clive Peeters
Appliance company Fisher & Paykel claims that it is not a creditor of Clive Peeters. The claim was made 24 hours after Harvey Norman Holdings purchased the Victorian retailer for $55 million.

 

Harvey Norman Gets Discount On Clive Peeters Deal
Harvey Norman Holdings is set to fork out $55M today to buy the failed Clive Peeters retail chain while vendors like Electrolux, LG, Panasonic and Fisher & Paykel chase millions in bad debts.

 

More Australians Trust Fisher & Paykel
Fisher & Paykel announced that it has won the whitegoods category in the 2010 Readers Digest Most Trusted Brands survey.

 

New Choice Scheme To Recommend Products
Consumer group Choice announced a new endorsement scheme that will allow manufacturers to use a ?Choice Recommended? logo on a range of products.

 

Haier Opens New Oz Showroom
Haier has opened its first Australian showroom yesterday, with the company aiming to provide more support for the local market.

 

New Dyson Bladeless Fans Provide Better Air Circulation
Following the launch of its Air Multiplier fan last year, Dyson has unveiled two new bladeless fans to its range. The AM02 Tower and AM03 Pedestal are designed for larger spaces and provide a greater airflow with no buffeting.

 

Fisher & Paykel To Show Unique Exhibit Tomorrow
Fisher & Paykel will unveil its new display of its cooking and kitchen appliances at the Melbourne Good Food and Wine Show tomorrow.

 

ILVE Expands To China
ILVE has opened a flagship store in China last month as it sees growth in the market. The company also aims to establish more retail outlets throughout the next coming months.

 

New Haier Campaign Targets Young People
Haier today announced that it will launch its first media campaign in mid-July which features images of young people explaining the ways they like to spend their money to enhance their life.

 

ILVE Sponsors Good Food & Wine Show
ILVE has become a key appliance sponsor in this year?s Good Food and Wine Show and will, for the first time exhibit its products in Adelaide and Perth.

 

No Stock For Clive Peeters As Receiver And Vendors Squabble
National retailer Clive Peeters, who last week was placed into administration with debts in excess of $140 million, is facing a death sentence, with most of their major suppliers refusing to supply credit or stock to the company that is still trying to trade.

 

Why Clive Peeters Failed To See What We Predicted 2 Years Ago
COMMENT: Two years ago we predicted that Clive Peeters would fail. We based our assessment at the time on the Companies poor management and a lack of aggressive advertising and marketing.

 

Clive Peeters Debt Balloons To Over $140M
LG Australia who in the last financial year only managed a profit of $13K from nearly a billion dollars turnover is facing the prospect of $25M exposure, after the collapse of retailer Clive Peeters with debts in excess of $150 million.

 

Clive Peeters Receiver Manager Confirmed
Following our exclusive story yesterday, we can now confirm that the National Australia Bank has appointed Phil Carter and Daniel Bryant, of advisory firm PPB, as Receivers and Managers to take control of Melbourne-based retailer Clive Peeters Limited and its controlled entities.

 

Clive Peeters Vendor Losses To Top $60M Electrolux Hit Hard
Appliance and consumer electronics vendors who supplied Clive Peeters are set to be hit by losses of over $60M dollars say sources inside the Company.

 

EXCLUSIVE: Receiver Manager To Be Appointed At Clive Peeters
EXCLUSIVE: The National Australia Bank is set to take control of Melbourne based retailer Clive Peeters with a receiver manager set to be appointed immediately in a move that will allow the consumer electronics and appliance retailer to continue trading.

 

LG Marketing Boss On The Future For LG After Choice Exposure
EXCLUSIVE: The reclusive marketing director of LG Australia, David Brand, has spoken out for the first time about the future for LG in Australia and a pending multimillion fine that could be handed out by the Australian Competition and Consumer Commission after the company was caught falsifying the energy efficiency of their appliances.

 

Clive Peeters Looking For Cash As Sales Slump And Profits Evaporate
Shares in appliance and consumer electronics retailer, Clive Peeters, have fallen 34% today after the company reported a $4.5 million dollar loss with little hope of future profits from the company who last year got back over $16 million from their former payroll manager.

 

Linda Electric Blankets Recalled
Gerard Sourcing & Manufacturing has issued a recall for its Linda electric blanket as it has the possibility of electric shock.

 

MasterChef To Use Sunbeam Appliances
Sunbeam has confirmed that its appliances will be featured heavily on the second season of MasterChef.

 

New Sunbeam TV Ad To Air On Masterchef
Sunbeam will debut its 60-second TV commercial during the first episode of MasterChef Series 2 on Monday, 19 April 2010.

 

Vendors Like LG Set To Be Hit Hard Says ACCC
Consumer Electronics vendors like LG, who was recently caught lying about the performance of their products are set to face millions in fines after the Australian Competition and Consumer Commission were given new powers to fine companies and individuals.

 

Salton Recalls Dangerous Hand Mixer
Salton Australia has issued a voluntary recall notice for its George Foreman Stick Mixer, as its blender blade may break away from the blender shaft during operation.

 

Miele Rolls Out Appliances Promo
Miele has announced a couple of bonus offers for consumers who purchase its laundry appliances, dishwashers, cooktop and rangehood combinations, coffee machines and refrigeration products.

 

Sunbeam Bags Nine GfK Awards
Sunbeam has won the No.1 GfK Award for 2009 in nine categories across the small appliance market.

 

New Whitegoods Promo From Samsung
Samsung announced new promotions for consumers who purchase its front load washing machines or refrigerators.

 

LG Recalls Dangerous Products After Being Caught Lying
Days after they were exposed for false product labelling LG Australia has announced the voluntary recall of two side by side refrigerators and a portable DVD player. The products were deemed to be a high risk to consumers.

 

ILVE Website Gets A New Look
ILVE has re-launched its website in an effort to provide consumers with information on its products.

 

Dyson Recalls Shocking Vacuum
Update: Dyson has issued a safety notice for one of its vacuum cleaners as it has a risk of electric shock.

 

LG Lies Could Force Up Cost Of All Appliances
Consumer Electronics and appliance vendors could be forced to undertake mandatory power output testing of flat panel TVs and appliances following the exposure of LG as a serial abuser of the voluntary code claims officials from the Department of Climate Change and Energy Efficiency and Water.

 

LG's Brand Under Threat
David Brand, the embattled marketing director of LG Australia was last night forced to defend the marketing actions of LG Australia, who was recently exposed by Choice Australia, for making false marketing claims about the power performance of their appliances.

 

LG Offers Money Or New Refrigerator Following Choice Exposure
LG Australia has responded to allegations that they are misleading consumers over the energy performance of their refrigerators by offering owners a free fridge.

 

LG OZ Faces Million Dollar Payouts After $13K Profit
EXCLUSIVE: LG Australia, who has a history of making false consumer claims may be a victim of their own Korean Corporation, who in an effort to supply stock in Australia have been accused of ? lying? about the performance of LG products a former senior executive of LG Australia, has said.

 

LG Slammed For False Green Fridge Rating
Choice has found that LG has been using an illegal device in two of its refrigerators in order to make them look energy efficient.

 

Samsung Partners Up With Better Homes
In an effort to make itself known as a major player in the appliance and whitegoods market, Samsung has announced a new partnership with Better Homes and Gardens.

 

Miele Recognised For Reliability
A customer survey in the UK revealed that Miele still leads the appliance market in terms of reliability.

 

LG Hit By $1.8M Fine Over Ice Maker
LG Electronics has been hit with a $1.8 million dollar fine after a US Court found that they had infringed on a Whirlpool patent for an in-door ice maker and awarded the appliance manufacturer $1.8 million in damages.

 

Samsung Looking To Buy Out Appliance Companies
Samsung Australia is set to expand their appliance offerings in Australia in an effort to replicate the success they have had in the TV market say senior executives. Meanwhile Samsung globally have admitted that they are on the acquisition trail and are looking to buy a major brand.

 

Clive Peeters Blames 60% Profit Fall On Sonia
As tipped by ChannelNews, Clive Peeters has reported a 60 per cent fall in profits as competitors such as Harvey Norman, JB Hi-Fi and Dick Smith report record profits and revenue.

 

CES Organisers Looking To Include Appliances
The Consumer Electronics Association, the organising body of the CES in Las Vegas, is considering a major expansion into appliances according to an email seen by ChannelNews.

 

Kleenmaid Appliances Back On Sale After Spectacular Collapse
Kleenmaid appliance products are set to go back on sale in Australia 12 months after the spectacular collapse of the Kleenmaid Group in Australia with debts of over $100 Million.

 

Clive Peeters Fail Despite Grabbing Back The Goodies
Despite record results from JB Hi-Fi, a 40 per cent increase in profits from Harvey Norman and improved results from Myer, Dick Smith and David Jones, Melbourne-based retailer Clive Peeters is still struggling, despite the company recovering and liquidating more than $17 million dollars worth of property stolen by former payroll manager Sonia Causer.

 

Clive Peeters Still Struggling More Losses Tipped
Retailer Clive Peeters?, who is trying to expand their online business, is still struggling to deliver a profit, with insiders claiming that the Company is set to report a loss of $3.5 million dollars, this follows a loss in the prior quarter of $11.3 million.

 

Rheem Recalls Hazardous Heaters
Rheem has issued a recall notice for its indoor gas water heater that may cause contact burns and potential combustion of materials.

 

Big 2009 Sales For Miele
Miele has announced that it finished 2009 with sales during the month of December almost 20 per cent higher than the corresponding month last year. In addition, its invoiced sales for the full year were up by almost 6 per cent compared to 2008.

 

Clive Peeters Former Paymaster Faces over 70 Stealing Charges
Victorian police have told ChannelNews that they have finally charged the former payroll manager of retailer Clive Peeters with more than 70 counts of stealing, totaling $18.7 million.

 

ACCC Slam-Dunks Sunbeam Takeover Deal
Sunbeam parent company GUD Holdings could have ended up with 60 per cent of the Australian small appliances market, according to analysts.

 

Clive Peeters Deny $20M Get Out Of Jail Theft Deal
Clive Peeters executives are still insisting that they have not given a former payroll manager a get out of jail card in exchange for the return of millions of dollar of assets purchased with money stolen from the Melbourne based retailer.

 

Serious Questions Raised Over Dyson Bladeless Fan Invention
Who invented the first bladeless desktop fan, Dyson or a Japanese inventor in 1981?

 

Fan Man Dyson Calls For More Inventors
EXCLUSIVE: Sir James Dyson the man that invented a fan without blades believes that more needs to be done in the UK to develop scientists and inventors, he also believes that over time his new fan could be developed for third party applications and products such as servers, TV and PC's that need constant cooling.

 

 
 

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