Housewares

Jarden Goes from Loss to Profit in Q1

JardenCorpration_2013

MIAMI-Growth in sales and expansion of margins turned Jarden’s bottom line from red to black in the first quarter ending on March 31. Net income in the quarter totaled $3.7 million, compared to the first-quarter net loss of $4.4 million from last year. Net sales rose 9.6 percent to a record $1.7 billion, and grossMore »

Hamilton Beach Q1 Net Falls 76.7 Percent

Hamilton Beach

CLEVELAND-A decrease in unit sales volumes and increases in employee-related costs and advertising expenses slashed Hamilton Beach’s first quarter net income by 76.7 percent, to $350,000, according to a statement from NACCO Industries, Hamilton Beach’s parent company. Net sales in the quarter, which ended on March 31, totaled $101.3 million, down 4.5 percent. The statementMore »

CMA Re-elects Officers, Directors at Annual Meeting

Greg Cairo

BIRMINGHAM, Ala.–The Cookware Manufacturers Association’s board of directors has re-elected Greg Cairo as president and Darrin Johnston as vice president at the CMA’s 92nd annual meeting, which took place recently in Las Vegas. Cairo is president of Groupe SEB US and Johnston is senior vice president of Meyer Corp. Both Cairo and Johnston were electedMore »

Spectrum CFO Genito to Leave Company

Spectrum Brands

MIDDLETON, Wis.-Tony Genito, chief financial officer of Spectrum Brands Holdings, will leave his post at the end of calendar 2014. A Spectrum statement said Genito, 57, plans to return with his family to the Southeast “to carry out our personal and professional plans,” he said. He has been the company’s chief financial officer since MarchMore »

Shun Names Andrew Zimmern Brand Ambassador

Andrew Zimmern

TUALATIN, Ore.-Shun Cutlery has named James Beard Award-winning chef Andrew Zimmern as a “digital partner” who will help promote the brand through his social media network and personal industry contacts. He will also help teach knife skills and knife care to fans, followers and viewers. “At Kai USA and Shun Cutlery, we are extremely pleasedMore »

Helen of Troy Restructures Corporate Departments

Helen Of Troy

EL PASO, Texas-Helen of Troy has reorganized its corporate departments and functions into three global shared-service groups, each headed by a member of its executive team. The three groups are Global Finance, Global Operations and Global Legal, Human Resources and Investor Relations. The changes will become effective on May 1. Heading Global Finance will beMore »

Helen of Troy Net Falls for Q4, FY

HelenOfTroy

EL PASO, Texas-Helen of Troy ended its 2014 fiscal year with significant drops in net income for both the year and the fourth quarter. Net income in the quarter plummeted 59.7 percent to $11 million. For the year ending on Feb. 28, net income totaled $86.2 million, down 24.8 percent from the prior year. LaggingMore »

Evriholder Acquires DreamTime

DreamTime foot cozy

ANAHEIM, Calif.–Evriholder Products has acquired the assets and business of DreamTime, Inc., a company that designs health, wellness and personal care products. The company’s products include the DreamTime, Spa Comforts, Warm Whiskers and Healing Heat lines. Judy Day, founder and CEO of the Santa Cruz, Calif.-based DreamTime, will join Evriholder to oversee new product developmentMore »