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Volume 60, Issue 42, November 16, 2012
For breaking news affecting the appliance industry,
This issue's lead story:
Consumers in U.S., China Are Willing to Pay More for Appliances Made in U.S.
Nov 16, 2012. More than 80% of U.S. consumers - and even 60% of Chinese consumers - are willing to pay more for products labeled "Made in USA" than for those labeled "Made in China," according to The Boston Consulting Group (BCG). More...
 In The News
Affluents Feel Confident; Luxury Consumption Index Grows at Fastest Pace Ever
Nov 16, 2012. Affluent consumer confidence showed a strong upturn, with affluent consumers much more positive about their financial status and prospects for the future, according to the latest survey from Unity Marketing. More...

HFCs/F-Gases Reduction Regulation Proposed in Europe
Nov 12, 2012. The European Commission presented a proposal to significantly reduce European Union emissions of fluorinated gases (F-gases), which are commonly used in refrigeration and air-conditioning. More...

Arcelik Revenue up 30% in First Nine Months
Nov 16, 2012. Turkish-based appliance maker Arcelik reported revenue of TL (Turkish lira) 7,912 million (approx. US$439 million), up 30.9% from TL 6,043 million in the first nine months of 2011. More...

Spectrum Brands Reports Record Results for Fiscal 2012
Nov 15, 2012. Small appliance Spectrum Brands Holdings announced a record performance for its fiscal year 2012, which ended Sept. 30, 2012. More...

Helen of Troy Reports Record Results
Nov 14, 2012. Small appliance maker Helen of Troy Limited (El Paso, TX, U.S.) reported record net sales revenue and record operating income for its fiscal second quarter and the first half of its fiscal year. More...

Rinnai Income Up in First Half
Nov 16, 2012. Rinnai Corp. (Nagoya, Japan) reported net sales of 114,216 million yen (approx. US$1.4 billion) in the first six months of its current fiscal year, which ends in March 2013. More...

CEA Fudges on Appliance Category for Innovations Awards
Nov 14, 2012. The Consumer Electronics Association's CES Best of Innovations awards "Home Appliances" category managed to highlight some innovative products this year - but there wasn't a single traditional home appliance in the mix. More...
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