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UT Brands, home to Funwares, KidsFunwares and Barbuzzo, has reorganized its portfolio of brands to capitalize on the shifting consumer interest in home goods that while useful, also have a strong gifting opportunity.
Libbey Inc. has gained bankruptcy court approval for its “first day” motions related to its voluntary Chapter 11 petitions for reorganization filed on June 1, 2020.
The Canton Fair’s International Pavilion held an online promotion and communication conference on June 3 to help buyers and business associations in China get prepared for the first-ever online session of Canton Fair, which will be held from June 15 to 24.
A new report from global market research company Euromonitor International identifies six themes it identified as reshaping consumer goods and services in the aftermath of the COVID-19 pandemic.
Las Vegas Market is now accepting submissions for its proprietary First Look trends program.
Tovala, a meal service and countertop smart oven that scans, steams, broils and bakes chef-crafted meals, has closed on a $20 million Series B funding round led by Finistere Ventures, with participation from new investors Comcast Ventures, OurCrowd and Rich Products Ventures.
Tuesday Morning said that the company has obtained a commitment from BRF Finance Co., LLC, an affiliate of B. Riley Financial, Inc., for $25 million of debtor-in-possession financing as required by the company’s current $100-million DIP agreement with its existing lender group. With this commitment, the company has secured commitments for a total of $125 million to support the continuity of operations during Chapter 11 proceedings.
For the first quarter, Kirkland’s posted a net loss on lower sales but e-commerce sales rose as it adapted to the coronavirus pandemic-impacted retail environment.
Atlanta Market is gearing up to kick off the summer market season with new dates and a modified format that will allow retailers and designers to source new product during their recovery from the COVID-19 pandemic.