In what it describes as a financially motivated transaction, Sequential Brands Group has signed a definitive agreement to sell the rights to the Martha Stewart and Emeril Lagasse brands and related intellectual property assets to Marquee Brands LLC for approximately $175 million, with an earnout opportunity of up to an additional $40 million.
Williams Sonoma is expanding its collaboration with luxury lifestyle brand Aerin, founded by Aerin Lauder. The new assortment will feature a collection of over 125 products from both Williams Sonoma and Williams Sonoma Home ranging from tableware, entertaining and home décor to lighting, bedding and outdoor textiles.
Zak Designs has released a collection of brightly colored beverageware designed specifically for outdoor entertaining.
Portmeirion Group has introduced the 2019 Spode Christmas Tree Collection. The 2019 collection features the brand’s iconic Christmas Tree design and a new pattern of snowflakes and holly berries.
Frieling USA has been named the exclusive distributor of Helios products for North America. Founded in 1909, Helios is a Germany-based manufacturer of vacuum coffee carafes and additional housewares products.
TTU has announced that Amir Tehrani, a partner of the company, has joined the company’s board of directors and will also assume a senior leadership role. The news, according to a statement on the TTU website, comes on the heels of Dar Molayem, co-founder, president and CMO, announcing his retirement.
Robinson Home Products has expanded its CraftKitchen flatware line with new patterns and new accessories for existing styles.
Glassware made a big statement across the showrooms at the Spring New York Tabletop Market this week, with several vendors showcasing new shapes, designs, techniques and offerings to suit the changing preferences of consumers.
Spring was in the air as attendees of this year’s Spring New York Tabletop Market were greeted by billowing floral displays in the lobby of Forty One Madison. The blooms hinted at the fresh new trend oriented tableware designs that awaited in the showrooms throughout the building.