CDH Fund V, L.P., a private equity fund managed by CDH Investments, has entered into a definitive agreement to purchase a “significant equity interest” in SharkNinja.
Black + Decker has introduced a new line of powered kitchen and bathroom scrubbers.
Electrolux has launched the ProSwivel upright vacuum, which features an updated design with orange accented touch points on a pearl white and gray frame, a slim profile and a brushroll view window for usability, the company said.
Best Buy is rolling out a Dyson Demo Experiences section in select stores to showcase the brand’s floor care, personal care and home environment assortments.
Robotic vacuum maker iRobot reported strong revenue growth in the second quarter, leading the company to raise its guidance for the remainder of the year.
The July 17 issue of HOMEWORLD BUSINESS® features the 18th annual Impact Merchants special report. Housewares suppliers, representing the categories that HomeWorld covers, once again were asked to nominate buyers and merchandisers believed to have made a significant impact during the past year.
Entries are open for the 2018 Housewares Design Awards, presented by HOMEWORLD BUSINESS®.
Samsung has appointed Tim Baxter to the position of president and CEO of Samsung Electronics North America, effective immediately.
Housewares supplier SharkNinja has opened a new corporate headquarters in Needham, MA.
Electrolux is expanding its investment in its Springfield, Tennessee, manufacturing facility. The $20 million capital investment follows a $25 million investment announced last year.