By Lisa Johnston
New products on display at the American International Toy Fair, held in N
New York – Haier is expanding its operations in the Americas with the planned opening of a new headquarters in Wayne, N.J., in the third quarter of 2014.
“As Haier continues to develop our footprint across the Americas, we believe it is important to establish a facility that is ready for the expansion,” said Adrian Micu, president and CEO, Haier America. “We are building an organization better suited to support our customers and consumers through a more holistic consumer-centric approach and the new facility will foster this collaboration.”
This TWICE webinar, hosted by senior editor Alan Wolf, will take a look at what may be the hottest CE products at retail that will be sold during the all-important fourth quarter. Top technologies, market strategies and industry trends will be discussed with industry analysts and executives.
Stockholm, Sweden – New European Union (EU) rules that limit certain board assignments have compelled Electrolux chairman Marcus Wallenberg to step down this year.
Electrolux’s board plans to nominate deputy chairman Ronnie Leten to succeed him.
New York — Online and catalog retailer Hammacher Schlemmer is stepping up its home-automation presence with the launch of a $149 system that lets users control lights and appliances from a smartphone when they’re away from the house.
Stockholm, Sweden – Electrolux North America once again posted strong gains for its fourth quarter and fiscal year, helping make up for its weak European sales.
North American fourth-quarter revenue rose 7 percent to $1.2 billion. For the year, revenue was also up 7 percent, hitting $4.9 billion. Earnings before interest and taxes rose 5 percent to $50 million, which does not include an unmentioned one-time gain for the company. Full-year profit increased 52 percent to $327 million in North America
Benton Harbor, Mich. — Whirlpool reported fourth-quarter GAAP net earnings of $181 million, compared with net earnings of $122 million for the same prior-year period.
Sales in the quarter were $5.1 billion, compared with $4.8 billion during the same prior-year period. Excluding the impact of both foreign currency and Brazilian (BEFIEX) tax credits, sales increased approximately 7 percent, led by strong growth in North America and Latin America.
Los Angles - AVAD now offers dealers access to the Nest Protect: Smoke + Carbon Monoxide from Nest Labs, the company behind the Nest Learning Thermostat.
“The breakthrough innovation redefines what people should expect from their smoke and carbon monoxide (CO) monitors by eliminating the traditional chirping alarm and communicating intelligently,” AVAD said.
New York – Dyson today rolled out upright and two cordless vacuum models which now include improved motors and cleaning heads.
The DC65 upright and DC58 and DC59 cordless models all hit stores in the next few weeks.
The upright DC65 was designed specifically for the U.S. market and its homes, 75 percent of which have variable floor surfaces. The DC65 has a self-adjusting cleaner head, so the user does not have to bend down and make a switch when the vacuum moves from a carpet to a hard surface, the company said.
Benton Harbor, Mich. — Maytag introduced the fifth generation of its iconic Maytag repairman, but the character has a new twist.
Instead of playing the bored repairman waiting for an appliance to break down, he is literally the machine itself. The new ad program has the actor sitting under the counter, “being” the oven or dishwasher.
CES 2014 Las Vegas - Samsung Electronics is introducing at International CES two super-capacity laundry pairs and a premium Chef Collection kitchen suite.
The expanded laundry line includes the front-load WF9000 series, a 5.6-cubic-foot washer and 9.5-cubic-foot dryer. The former utilizes a larger drum size and SuperSpeed technology to reduce the wash cycle to 30 minutes, even for extra-large loads like two king-size comforters, the company said.