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AAP
AAP
Business
Derek Rose

Omega, Robinhood kitchen appliance brands to close

Shriro Holdings says kitchen appliances have become a loss-making part of its business. (file) (Brendan Esposito/AAP PHOTOS) (AAP)

The company behind the Omega and Robinhood lines of kitchen appliances says it is exiting the business in Australia.

Shriro Holdings on Friday said it had found kitchen appliances to be a "competitive segment of the consumer goods market in Australia with many well-capitalised global manufacturers in this industry," with market pressure resulting in it becoming a loss-making part of its business.

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