
Newell Brands has signed a definitive agreement to sell The United States Playing Card Co. to the Cartamundi Group.
Newell Brands has signed a definitive agreement to sell The United States Playing Card Co. to the Cartamundi Group.
Newell Brands’ Rubbermaid FreshWorks Countertop Food Storage Containers product line made the Time magazine annual list of the “50 Best Inventions.”
Newell Brands continues moving forward with its Accelerated Transformation Plan and has signed agreements to sell two businesses, Pure Fishing and Jostens.
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.
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 has taken the next step in its accelerated transformation plan with the sale of Rawlings Sporting Goods Company.
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.
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.
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.
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.
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.
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 has entered into a definitive agreement to acquire Chesapeake Bay Candle from its founders for a purchase price of approximately $75 million.
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.
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.
Newell Brands has introduced two new Ball brand jars, the first fall product launch for the home canning company in 10 years.
Calphalon has introduced its new Signature non-stick bakeware to the market.
Rubbermaid has rolled out its Brilliance crystal clear food storage containers to retailers nationwide, including Walmart, Bed Bath & Beyond, Target and Amazon.
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 has named Ralph Nicoletti executive vice president and chief financial officer, effective June 8. Nicoletti joins Newell Brands…