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Trump Home Partners with Kassatex on Bath Line

Trump Home Partners with Kassatex on Bath Line

NEW YORK–The Trump Organization and Kassatex have reached an agreement to produce a collection of bath products under the Trump Home brand. The line will debut at next month’s New York Home Fashions Market. It will include bath towels, bath accessories, bath rugs and shower curtains. The initial offerings will come in four design groupsMore »

Jarden Net Jumps 379 Percent in Fourth Quarter

Jarden Net Jumps 379 Percent in Fourth Quarter

RYE, N.Y.–In what the company described as record results for the fourth quarter and full year, Jarden reported net income in the final 2010 quarter of $46.7 million, up 379 percent over the fourth quarter of 2009. Last year’s fourth-quarter bottom line included a charge for costs related to a company reorganization and to theMore »

Groupe SEB Looks to Strengthen Stake in Chinese Company Supor

Groupe SEB Looks to Strengthen Stake in Chinese Company Supor

ECULLY CEDEX, France–Groupe SEB has agreed to buy a complementary 20 percent stake of the capital of Chinese cookware company Supor from the founding shareholders, which have expressed their desire to sell. Groupe SEB already holds 51.3 percent of Supor’s capital. Through a Share Purchase Agreement, Groupe SEB has agreed to buy from the foundingMore »

Michael Aram Moves to Forty One Madison

Michael Aram Moves to Forty One Madison

NEW YORK–Michael Aram, Inc is moving its offices into permanent showroom building Forty One Madison Avenue in New York. The luxury tabletop company is scheduled for a mid March move-in date, anchoring the newly refurbished 8th floor. The 4,000 square-foot space will showcase the completely black surroundings so strongly associated with the Michael Aram brandMore »

New Exhibitors Climb at Atlanta Spring Gift Market

New Exhibitors Climb at Atlanta Spring Gift Market

ATLANTA–Sixty percent of the exhibitors in the Market Temporaries section of the Atlanta Spring Gift, Home Furnishings & Holiday Market will be new to the show, according to a statement from AmericasMart Atlanta. Already, the statement said, there will be double the number of booths in this section compared with last year’s show. The productsMore »

Aspenhome Recognizes Top Reps

Aspenhome Recognizes Top Reps

LAS VEGAS–Aspenhome’s Annual Awards Dinner, held during the recent Las Vegas Market, celebrated “A Decade of Accomplishments and a Future of Even Greater Possibilities,” and recognized the top Territory CEO of the Year and the top Territory CEO of the Decade. Dick Diluzio, aspenhome Territory CEO for the New England area, was awarded the “TerritoryMore »

Trian Makes Offer for Family Dollar

Trian Makes Offer for Family Dollar

MATTHEWS, N.C.–Trian Group has offered to acquire Family Dollar in a deal that could cost the investor fund between $7 billion and $7.6 billion, according to a filing with the U.S. Securities and Exchange Commission. Trian—which is led by Nelson Peltz, Peter May and Edward Garden—currently holds about eight percent of the retailer’s outstanding shares,More »

Iconix Boosts Q4 Net, Reports Record Results for Year

Iconix Boosts Q4 Net, Reports Record Results for Year

NEW YORK–Net income for Iconix Brand Group totaled $24.3 million in its fourth quarter, up 14 percent over its bottom line from the fourth quarter of last year. The company also said it achieved record results for fiscal year 2010 as a whole. Net income for the year reached $110.5 million, an increase of 45More »