Second quarter consolidated revenue at Helen of Troy increased 5.2% as revenue growth in the company’s Housewares division and Beauty division offset a decline in the Health & Home division.
Instant Brands, the parent company of the Instant Pot multi-cooker, has expanded its assortment of kitchen electrics with the launch of 10 new appliances.
High-end kitchen electrics and appliance supplier Smeg has acquired La Pavoni, an Italian-based company known for the production of upscale domestic and commercial espresso machines.
Home is where the heart is, and apparently where the coffee drinking happens as well. A recent survey of 1,000 American consumers found that during an average week 89% get their coffee from home.
A year after Centre Lane Partners acquired Capital Brands, the parent company of the Nutribullet and Magic Bullet brands, a new assortment of blenders under the Nutribullet brand is now hitting retail.
The impact of tariffs on consumer purchase decisions will vary from product to product based on whether shoppers view an item as a necessity or a luxury, according to the results of a recent study by The NPD Group.
The Legacy Companies has named veteran housewares executive Jay Zilinskas president of the Legacy Companies’ consumer division.
PicoBrew has introduced Pico MultiBrew, a kitchen countertop brewing appliance that is said to use advanced software and hardware to brew high-quality coffee. The MultiBrew is also capable of brewing tea, kombucha, beer and other specialty beverages like horchata in various sizes.
Following the launch of its Souspreme Multi Pot this past spring, Fissler has augmented pricing of the unit while boosting its recipe development in an effort to further engage with consumers, company officials said.
Despite a drop in sales in the second quarter, Newell Brands officials are offering a positive outlook for the company as they raised guidance for net sales and operating cash flow for the remainder of the fiscal year.