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Electrolux to Offer U.S. Licensing Opportunities at Expo

Electrolux to Offer U.S. Licensing Opportunities at Expo

STOCKHOLM, Sweden–Electrolux said it plans to use the upcoming International Licensing Expo to ramp up its licensing efforts in the United States. The global home-appliances manufacturer—which formed Electrolux Global Brand Licensing three years ago—will offer opportunities for well-known U.S. brands such as Philco, Tappan, Eureka, Kelvinator and Frigidaire. It will also highlight some of itsMore »

Hoover Launches Integrated Marketing Campaign

Hoover Launches Integrated Marketing Campaign

GLENWILLOW, Ohio–Hoover is introducing a marketing campaign for some of its recent product introductions that encompasses television, cause marketing, social and digital media, and public relations. The campaign will support the introduction of several new Hoover products. It will include 30-second television spot advertisements for the Platinum Collection LiNX Stick Vac, the WindTunnel T-Series WindTunnelMore »

Walmart Boosts Bottom Line to New Record in First Quarter

Walmart Boosts Bottom Line to New Record in First Quarter

BENTONVILLE, Ark.–Walmart posted net income of $3.3 billion in the first quarter, up nearly 10 percent over last year’s first quarter and a new record for the period. The world’s largest retailer also set a new mark for first-quarter net sales, which totaled $99.1 billion and which rose 6 percent over last year. The keyMore »

TJX Net Up 58 Percent in First Quarter

TJX Net Up 58 Percent in First Quarter

FRAMINGHAM, Mass.–First-quarter net income for The TJX Cos. ballooned by 58.4 percent to $331.4 million. The driver in this bottom-line explosion was the company’s 15 percent pickup in net sales, which finished the quarter at $5 billion and which included a 9 percent gain in same-store sales. In its statement on the first quarter, TJXMore »

Surtex Mood on Upswing as Exhibitors Look Ahead

Surtex Mood on Upswing as Exhibitors Look Ahead

NEW YORK–Exhibitors at this week’s Surtex show here said the business of licensing art should pick up momentum through the rest of this year, and identified home furnishings as a particularly promising opportunity for licensed art. The level of attendee traffic at the show is one reason to feel upbeat, according to Mark Fisher, consultantMore »

Yee Receives Grand Prize in Surtex Designext Competition

Yee Receives Grand Prize in Surtex Designext Competition

NEW YORK–Jana Yee, senior in the textile design department at the Academy of Art University, has been awarded the grand prize at designext, the international student design competition hosted by Surtex. Yee was cited for “Vitality Blooms,” her design concept which took the top honor over three other winners. The designext competition involved the creationMore »

Glass Named National Sales Manager at Andis

Glass Named National Sales Manager at Andis

STURTEVANT, Wisc.–Andis has appointed Kristi Glass as national sales manager for retail. In this newly created position, Glass is responsible for sales of the company’s beauty, barber and grooming products to retail stores. She reports to Gary Stanczyk, Andis’ vice president of sales. Before joining the company, Glass worked in “a variety of environments” inMore »