Housewares International Electrical division managing director, Joe Hersch, has been promoted to managing director of Housewares International – incorporating the electrical and non-electrical divisions of the company.
Retravision Southern chief executive Tim Cockayne has confirmed rumours the company will post a loss this financial year, but put much of it down to a one-off cost relative to the company stores, undertaken as part of a larger restructure.
Home Appliances – supplier of Fagor, Euromaid and IAG Appliances – is set to change ownership at the end of this month, with housewares distributor McPherson’s Consumer Products buying an 82 per cent stake in the company.
Winning Appliances officially opened its flagship showroom in Redfern, Sydney last week. Current.com.au was there to capture all of the action as the who’s who of the Australian appliance industry gathered to celebrate.