Housewares

Newell Completes bubba Acquisition

Newell Rubbermaid

ATLANTA-Newell Rubbermaid (NYSE: NWL) has closed its acquisition of bubba brands, the drinkware manufacturer that had been owned by In Zone Holdings. The purchase price was $83 million. bubba brands is expected to deliver more than $50 million in net sales this year. Michael Polk, Newell’s president and CEO, said, “We look forward to leveragingMore »

Last updated: October 23, 2014

Jarden Q3 Net Balloons as Sales Climb

Jarden

MIAMI-With sales making a double-digit gain, Jarden reported a 14.4 percent increase in third-quarter net income, which totaled $108.6 million. Net sales in the quarter, which ended on Sept. 30, rose 19 percent to $2.1 billion. All of Jarden’s segments contributed to this increase, according to Martin Franklin, the company’s executive chairman, “reflecting the strengthMore »

Last updated: October 23, 2014

Housewares Show Almost Sold Out

IHA_logo_bw

ROSEMONT, Ill.-The International Home + Housewares Show is more than 90 percent sold out, with less than five months to go before its opening day, according to the International Housewares Association, the show’s owner and operator. The show will host more than 2,100 exhibitors from throughout the world, including 400 new companies, IHA said. “WeMore »

Last updated: October 23, 2014

iRobot Net Nearly Doubles in Q3

iRobot Posts Loss in Q4; Net Falls 57 Percent for Year

BEDFORD, Mass.-In what Chairman and CEO Colin Angle characterized as an “outstanding third quarter,” iRobot delivered an 87.2 percent gain in net income, which totaled $14.6 million for the period ending on Sept. 27. Revenue in the quarter reached $143.5 million, up 15.3 percent. Much of the fuel for this increase came from the homeMore »

Last updated: October 22, 2014

Electrolux Net Grows 42 Percent in Q3

Electrolux

STOCKHOLM-Thanks to overall good market conditions throughout the world, Electrolux delivered a 42 percent jump in third-quarter net income, to SEK933 million (about $128.6 million, based on average currency values during the quarter). Net sales in the quarter, which ended on Sept. 30, came in at SEK28.8 billion (about $4 billion), increasing 6 percent. InMore »

Last updated: October 20, 2014

Newell Rubbermaid to Acquire Beverageware Maker Bubba

Newell Rubbermaid

ATLANTA–Newell Rubbermaid (NYSE:NWL) has signed a definitive agreement to acquire bubba brands, maker of durable beverage containers. Terms of the agreement were not disclosed. The acquisition will expand Newell Rubbermaid’s presence in on-the-go thermal and hydration beverageware. The company recently acquired the Contigo and Avex brands from Ignite Holdings, maker of thermal and hydration products.More »

Last updated: October 17, 2014

IHA Consumer Website Launches

Inspired Home

ROSEMONT, Ill.–The International Housewares Association (IHA) has unveiled its new online home resource for consumers, called Inspired Home. Covering a wide range of lifestyle categories, the new site allows consumers to connect directly with the IHA’s member companies and brands. Inspired Home will include DIY tips, home ideas, seasonal recipes and product information across aMore »

Last updated: October 16, 2014

Gibson: Pioneer Woman Reach Impressive

Ree Drummond

COMMERCE, Calif.-Gibson said it is thrilled with the overwhelming social media reaction to plans to create a Ree Drummond, aka The Pioneer Woman, kitchen and dining collection. Drummond made the announcement about her upcoming line, which will officially launch at the International Home + Housewares Show in March, on her Facebook page earlier this month.More »

Last updated: October 16, 2014