Housewares

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 »

Celebrity Chef’s Update

gibson usa Ingrid Hoffmann’s Mosaico Roja

Celebrity chefs continue to spark housewares sales. Not surprisingly, the recent International Home + Housewares Show was the site of some notable entries into the celebrity chef field. Meanwhile, some of the biggest chefs added to their offerings. Rick Bayless | Gorham Award-winning chef, cookbook author and restaurant owner Rick Bayless has partnered with GorhamMore »

Jarden Goes from Loss to Profit in Q1

Jarden

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 »