Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Fisher & Paykel Rebates Won't Cut Profit
Oct 28, 2002
 Printable format
 Email this Article
 Search

Fisher & Paykel Appliances Holdings Ltd. said a rebate to retailers to boost Christmas sales and counter rivalry from Qingdao Haier Co. and LG Group won't cut earnings. The Auckland, New Zealand-based manufacturer, which claims 60 percent of
the country's sales of washers, dryers, and refrigerators, has offered a rebate, or bonus to retailers of its top-selling appliances. In August, it forecast 2002 first-half profit would be 2.5 times higher than in 2001.

Managing Director John Bongard wouldn't give details of the
rebate. Wellington-based retailer LV Martin & Son is cutting
prices on the company's appliances as much as 15 percent, the
Dominion Post said, citing sales general manager John Lamerton.
Any decline in profit margin as a result of the rebates is
expected to be more-than recovered through increased sales. (Bloomberg News)

Back to Daily News

 

Daily News

...........................................................

Apr 22, 2014: Final Rule Establishes Refrigerator Testing

Apr 22, 2014: A Third of Homes Worldwide Could Have Networks by 2018

Apr 22, 2014: Appliance Category Industrial Output Up 2% in March

Apr 21, 2014: Final Commercial Refrigeration Rule Published

Apr 21, 2014: Elam Offers Android-Enabled Kitchen Interface

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows