Electrolux news and trends

EMEA Daily: Turkish Banks Reduce Lending Due to Regulations; Electrolux Sees Scaling Back on Appliance Orders

September 12, 2022
Electrolux, EMEA, appliances
Electrolux Says Consumers and Retailers Are Scaling Back Appliance Orders
Retail // September 12, 2022

Facing weaker than expected consumer demand in Europe and North America, Swedish home appliance company Electrolux is cutting costs in both regions and launching a turnaround program in North America. “Market demand for core appliances in Europe and the [U.S.] so far in the third...

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Electrolux Says Consumers and Retailers Are Scaling Back Appliance Orders

September 12, 2022
Facing weaker than expected consumer demand in Europe and North America, Swedish home appliance company Electrolux is cutting costs in both regions and launching a turnaround program in North America. “Market demand for core appliances in Europe and the [U.S.] so far in the third quarter is estimated to have decreased at a significantly accelerated […]