Housewares

Jarden Net Falls in Q4, Fiscal Year

Jarden Corpration

RYE, N.Y.-Despite a record-breaking sales total, Jarden posted a 24 percent drop in fourth-quarter net income, to $37 million. This brought the bottom-total for the housewares giant to $203.9 million, down 16.4 percent, for its fiscal year ending on Dec. 31. Net sales in the quarter reached a record $2.2 billion, up 21.8 percent. ForMore »

Paula Deen Gets Backing from Najafi Media

Paula Deen

SAVANNAH, Ga.–Paula Deen is planning a comeback with a new enterprise—Paula Deen Ventures—with financial backing from Najafi Media, an affiliate of Phoenix-based private investment firm Najafi Companies. Najafi Media is a $2 billion content and consumer distribution company. Najafi Companies has also invested in such organizations as SkyMall and the Phoenix Suns. Paula Deen VenturesMore »

Arc Sells International Cookware Division

ARC International

FRANKFURT, Germany-Arc International has sold the Arc International Cookware division to U.S. investment firm Aurora Capital. At the same time, stockholders of the privately held French glassware company have agreed to open the company’s capital to outside investment. Speaking from the Ambiente fair in Frankfurt, Germany, earlier this week, Fred Dohn, CEO of Arc’s NorthMore »

Rouvé Named Spectrum Brands COO

Andreas Rouvé

MIDDLETON, Wis.-Spectrum Brands, the parent of the Remington personal-care line and Russell Hobbs small appliances, has elected Andreas Rouvé chief operating officer, a new position for the company. Rouvé also remains president of the company’s international segment, and continues to report to Dave Lumley, president and CEO.  Lumley said Rouvé will also take on anMore »

GMCR to Offer Krispy Kreme Packs for Keurig Brewers

Krispy Kreme K-Cup packs

WATERBURY, Vt.-Green Mountain Coffee Roasters (GMCR), parent of the Keurig brand, has reached a multiyear agreement with Krispy Kreme which will bring Krispy Kreme signature coffee to K-Cup packs for the Keurig brewing system. The agreement calls for Krispy Kreme coffees, smooth and decaffeinated, to appear in K-Cup packs by the end of this year.More »

Housewares Show to Keep Attendees Informed Through Social Media

International Home + Housewares Show 2014

ROSEMONT, Ill.-The International Housewares Association is expanding its array of social-media access to keep attendees of the International Home + Housewares Show informed on events at the show. IHA will be sending out Twitter feeds and Facebook postings during the show, along with providing access to the association’s show blog, providing information on events, theMore »

GMCR Posts 28.5 Percent Net Gain in Q1

GMCR

WATERBURY, Vt.-Keurig brand parent Green Mountain Coffee Roasters (GMCR) began its fiscal year with a 28.5 percent jump in net income, which totaled $138.2 million. Expenses controls helped fuel the bottom-line growth. Operating expenses in the quarter, which ended on Dec. 28, were virtually flat in dollars and declined 56 basis points to 17.1 percent.More »