The Oneida Group has entered into an equity commitment agreement with its largest stockholder, Centre Lane Partners, providing for a $50 million equity capital infusion by way of a rights offering to existing stockholders. Oneida’s CEO has also resigned to pursue another opportunity.
This year, Mickey Mouse celebrates 90 years, and Zak Designs is giving fans new ways to celebrate with a special licensed line of drinkware designed to commemorate the milestone.
MacKenzie-Childs will debut its 2019 spring collection at the Atlanta Market, including the new Royal Check dinnerware line and a new candle collection called Glow.
Katrina Helmkamp, CEO of Lenox, has left the position to pursue a role elsewhere. Realogy Holdings Corp., a full-service residential real estate services company, announced Helmkamp’s appointment to the role of CEO of Cartus Corporation, its relocation services subsidiary.
Rosanna is heading back to its tabletop roots with the launch of several dinnerware collections for the fall and winter season.
Williams Sonoma and Le Creuset are teaming on an eight-city dinner series that, according to the retailer, will celebrate the vibrant colors of the well-known housewares brand.
Lenox Corporation has expanded the Wainwright brand by Michael Wainwright with the introduction of a new line designed for the casual lifestyle of today’s consumer.
Sophistiplate has completed the acquisition of Simply Baked by Christy Designs, a Bend, Oregon-based company that designs disposable entertaining items. The company’s product line includes categories such as serveware, barware, cookware and bakeware, and includes eco-friendly and bio-degradable options.
The tabletop category has reached a critical point as Millennials age into a variety of new life moments that have the potential to significantly grow the market. However, the industry must focus even more heavily on innovation within the category in order to tap into that growth potential, noted Joe Derochowski, home industry analyst for the NPD Group, on day two, April 11, of the spring New York Tabletop Market.
From crackle reactive glaze finishes to digital-inspired cookware for the Millennial consumer, the first day of the New York Tabletop Market, April 10, saw the evolution of traditional design elements showcased within the brand showrooms at Forty One Madison.
From classic blue and white to textured grays, the Spring 2018 New York Tabletop Market at Forty One Madison will see a variety of color combinations represented in dinnerware. Tabletop vendors will also showcase patterns that focus on texture, metallics and organic shapes.