Cartamundi To Buy Newell’s United States Playing Card Co.
Newell Brands has signed a definitive agreement to sell The United States Playing Card Co. to the Cartamundi Group.
Newell
Rubbermaid FreshWorks Food Storage Wins Invention Honors
Newell Brands’ Rubbermaid FreshWorks Countertop Food Storage Containers product line made the Time magazine annual list of the “50 Best Inventions.”
Newell Brands Selling Pure Fishing, Jostens
Newell Brands continues moving forward with its Accelerated Transformation Plan and has signed agreements to sell two businesses, Pure Fishing and Jostens.
Newell Q2 Sales Fall As Concerns About Tariffs Grow
Second quarter sales at Newell Brands were down as company officials pinned the decrease on the closing of Toys ‘R Us and inventory destocking in the office superstore segment.
Kline: Home Fragrance Segment Growing
The home fragrances market in the U.S. outpaced the previous year’s growth through 2017, with Internet sales playing an important role in the market’s performance, according to Kline’s “Home Fragrances: U.S. Market Analysis and Opportunities” report.
Newell Brands Sells Rawlings Sporting Goods
Newell Brands has taken the next step in its accelerated transformation plan with the sale of Rawlings Sporting Goods Company.
Newell Q1 Sales Down, Additional Divisions For Sale
It was a busy first quarter for Newell Brands as the company reported a decline in net sales while also announcing an acceleration in its transformation plan that includes the sale and possible sale of select divisions.
Four Seeking Seats On Newell Board Withdraw Nominations
A day after Newell Brands announced a deal with billionaire investor Carl Icahn, activist hedge fund Starboard Value LP said its four nominees for Newell’s board of directors are withdrawing their nominations.
Carl Icahn Acquires Stake In Newell Brands
Billionaire investor Carl Icahn has acquired a stake in Newell Brands and could play a role in the current battle over the company’s leadership, according to several published reports.
Newell Names Two To Board, Nominates A Third
Just weeks after the resignations of three board members— all former Jarden executives— Newell Brands has named two new members to its board of directors with a third to be voted on at a later date.
Report: Former Jarden Execs Lead Effort To Replace Newell Board, CEO
Two years after then-Newell Rubbermaid acquired Jarden Corp., three former Jarden executives are reportedly teaming with an activist hedge fund to replace Newell Brands’ CEO Michael Polk and its board of directors, the Wall St. Journal reported on Friday, February 9.
Newell Brands Q3 Sales Down 7%
Weakness late in the third quarter was cited by Newell Brands officials as a key factor in the decline of company net sales for the three month period ended September 30.
Newell Brands To Acquire Chesapeake Bay Candle
Newell Brands has entered into a definitive agreement to acquire Chesapeake Bay Candle from its founders for a purchase price of approximately $75 million.
Newell Brands Grows Housewares Sales In Q2
Second quarter net sales at Newell Brands were up mid-single digits as the company reported growth across its U.S businesses as well as double digit growth in global e-commerce sales.
Newell Q4 Sales Rise, Resets 2017 Guidance
Following a fourth quarter in which its core sales were up 2.5%, Newell Brands revised guidance for 2017 down slightly, citing the company’s business with struggling U.S. mall-based retailers.
Ball Debuts New Storage Jars
Newell Brands has introduced two new Ball brand jars, the first fall product launch for the home canning company in 10 years.
Calphalon Launches New Non-Stick Bakeware
Calphalon has introduced its new Signature non-stick bakeware to the market.
Rubbermaid Rolls Out Brilliance Food Storage
Rubbermaid has rolled out its Brilliance crystal clear food storage containers to retailers nationwide, including Walmart, Bed Bath & Beyond, Target and Amazon.
Newell Q3 Sales Up, Raises Year-End Guidance
Following a solid third quarter driven by strong sales in several categories including appliances and writing, Newell Brands raised the lower end of its 2016 full year guidance for core sales and normalized earnings per share.
Newell Brands Names Nicoletti CFO
Newell Brands has named Ralph Nicoletti executive vice president and chief financial officer, effective June 8. Nicoletti joins Newell Brands…