Lifetime Brands has reported an increase in second quarter sales, driven by market demand for housewares categories including kitchen tools and gadgets, bakeware, barware and cutlery.
Lifetime Brands has added flatware and serveware to its Mikasa and Towle Living brands to support consumer interest in creating unique tablescapes that complement their lifestyle.
Fresh ingredients are getting a hand in the kitchen from the latest kitchen tools and gadgets from Chef’n, a division of Lifetime Brands.
Lifetime Brands has reported a decrease in consolidated net sales, with a net loss for the quarter ended March 31. The company noted that the loss in part was the result of brick-and-mortar store closings and supply chain disruptions earlier this year as a result of the coronavirus pandemic.
In an effort to help independent and gourmet retailers during these unprecedented times, Lifetime Brands is extending its current food prep promotions and discounts until at least the end of June.
Lifetime Brands has introduced several new licensed Farberware kitchen tools designed to help consumers boost their food preparation skills.
Lifetime Brands is taking several actions in response to the COVID-19 pandemic and the related impact on its business.
Built NY, a division of Lifetime Brands, has launched the Cascade water bottle. One percent of wholesale sales from its Cascade 18-ounce water bottle will be donated to Water.org to help provide access to safe water and sanitation in the developing world.
Despite growth in its core U.S. business, Lifetime Brands reported a slight decrease in net sales for the fourth quarter of 2019. Rob Kay, company CEO, stated that operational challenges from its reorganized U.K. operations had an impact on shipments, offsetting the company’s overall results.
Taylor Brands, a division of Lifetime Brands, has put a focus on power sources, readability and ultra-fine measurements for its latest lineup of kitchen measurement tools and gadgets. The expanded lineup includes new thermometers and food scales.
Despite tariffs in the U.S. and Brexit uncertainty in Europe, third quarter sales increased at Lifetime Brands, as the company said it is seeing results as it focuses on its newly rolled-out strategic product development and sales initiatives in connection with the acquisition of Filament Brands.
Opening day, October 29, of the Fall New York Tabletop Market at Forty One Madison was full of energy, innovation and inspiration. Nature and technology emerged as two important themes throughout many of the showrooms as vendors brought forth their latest endeavors in tabletop.
Lifetime Brands has entered into a licensing agreement with Meredith Corporation on a line of kitchen tools, food prep and storage containers, bakeware, and cutlery products to be made under the Allrecipes trademark. Allrecipes.com Inc., a leading digital food brand, is a wholly owned subsidiary of Meredith Corporation.
Lifetime Brands is now shipping its latest assortment of Rabbit wine accessories to the market.