in brief…

In Industry News On

The retra Annual Conference 2007 is going to take place on 30 April – 1 May in the Radisson SAS hotel in central London. Contact Les Parsons at retra on tel: 01234 269110.
A free one day conference ‘Green retailing’ (30 April, London) has been developed by Envirowise and The Retail Bulletin for retailers who wish to demonstrate that the environment is high on their agenda. For further details visit www.retailbulletinconferences.com.

GfK’s research gives an early indication that interest rate rises are taking their toll on the durables market and consumer spending.

Candy Group has acquired Doruk Ltd – STI, one of the leading household appliance companies in Turkey and owner of the popular Süsler brand which includes hobs, ovens and freestanding cookers.

Salton Europe Ltd reported that its parent company Salton Inc. has entered into a merger agreement with Applica Incorporated. As a result of the merger Salton Europe will become part of one of the largest US household small appliance companies, with a turnover in excess of $1billion.

BRIDISCO has secured a three year funding package worth £45 million with GMAC Commercial Finance and the company’s existing bankers, Bank Leumi UK. The deal provides funding for the Group’s development programmes in the UK and overseas.

REPIC has received approval from the Environment Agency for its WEEE compliance scheme. REPIC, which is the largest scheme on the market in terms of tonnage of electrical equipment placed on the market.

Valpak, has announced that it has been approved as a WEEE Producer Compliance Scheme. The scheme will be able to offer a full range of services for both B2C and B2B customers.

EEIBA Power Ball, scheduled for 9 November 2007 at Grosvenor House, Park Lane, London, will be jointly sponsored by Electrolux and NICEIC Group. Its stars will include Jools Holland and his Rhythm and Blues Orchestra.

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