Tag Archives: Lifetime Brands

Lifetime Brands Posts Q3 Net Loss Despite Sales Gain

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GARDEN CITY, N.Y.-Rising expenses and reduced margins trumped a healthy gain in sales to produce a $1.6 million net loss for Lifetime Brands (NASDAQGS: LCUT) in its fiscal third quarter. Selling, general and administrative expenses rose 13.5 percent in dollars, although they shed 10 basis points as a percentage of sales. The Lifetime numbers alsoMore »

Last updated: November 6, 2014

Blog: News from the New York Tabletop Show

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The New York Tabletop Show is in full swing. Lifetime Brands is introducing a wide array of new dinnerware, glassware and flatware, most of which is contemporary and casual, in muted neutrals, pale pastels and the color combination of the moment, indigo and white. Lifetime also introduced Towle dinnerware, designed to coordinate with existing popularMore »

Last updated: October 22, 2014

Lifetimes Cultivates License with Kim Parker

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GARDEN CITY, N.Y.–Lifetime Brands will launch a dinnerware collection designed by licensed artist Kim Parker at the New York Tabletop Show later this month. The six inaugural patterns are called India Garden, depicting the rich colors and patterns found in the textiles and fabrics of India; Provence Garden, an interpretation of a French countryside garden;More »

Last updated: October 8, 2014

Rethinking Flatware

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The category gets a lift from more variable configurations and a fresh approach to design By Allison Zisko Flatware introductions at next month’s Tabletop Show will address consumer preferences with new, more practical configurations, more add-on options and more fashionable flatware that keeps pace with design trends. This more flexible approach—giving consumers what they reallyMore »

Last updated: August 28, 2014

Lifetime Brands Q2 Net Loss Hits $3.2 Million

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GARDEN CITY, N.Y.-Lower gross margin and increased expenses led Lifetime Brands to a second-quarter net loss of $3.2 million, compared to a net loss of $568,000 in the second quarter of last year. Gross margin in the quarter, which ended on June 30, was down 207 basis points to 35.42 percent—the result, according to LifetimeMore »

Last updated: August 5, 2014

Dallas Market Center Embarks on Renovations

Dallas Market Center

DALLAS–Dallas Market Center has begun to renovate the Housewares and the Expo areas of the Trade Mart to meet the needs of the growing luxury gift, lifestyle design and gourmet housewares categories in Dallas, the DMC said. The initial phase will overhaul and modernize these two sections on the second floor of the Trade MartMore »

Last updated: May 28, 2014

Tea Time

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By Allison Zisko The market for tea-related products in housewares is heating up. According to the Tea Association of the U.S.A., the tea industry in the U.S. continues to flourish, with a wholesale value of roughly $10 billion in retail sales last year. New types of tea, new formulations of tea (particularly the growth ofMore »

Last updated: May 28, 2014

Lifetime Q1 Loss Jumps; Sales Gain 20 Percent

Lifetime Brands

GARDEN CITY, N.Y.-Although sales rose by a robust 20 percent, Lifetime Brands’ first-quarter net loss reached $2.9 million, compared to a net loss of $632,000 in its first quarter of last year. Net sales totaled $118.4 million in the quarter, which ended on March 31, and gross margin gained 63 basis points to finish atMore »

Last updated: May 1, 2014