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