Rich Krause is no stranger to C-suite level positions. Prior to joining Capital Brands, the parent company of Nutribullet, in August of 2018, Krause had held the CEO spot at a number of companies including Confluence Outdoor, a supplier of premium kayaks, canoes and related products; and FeraDyne Outdoors, a supplier of various outdoor products.
Consumer beverages are no stranger to Bryan Welsh. Since 2005, he has held several key positions within PepsiCo, which now owns SodaStream. These include senior director of category management, sales, strategy & planning at PepsiCo Canada and vp/gm of a Pepsi-Starbucks North American coffee partnership.
Named to his current position at Spectrum Brands in early 2019, Dave Albert is no stranger to the company nor the consumer products marketplace. At Spectrum, he has held a variety of executive positions including vp/international with the company’s Hardware & Home Improvement Division and vp/gm of Canada and Asia Pacific.
J.C. Penney Company narrowed its net loss in the second quarter ended August 3, 2019, and asserted that it was making progress with its turnaround plans. In addition, the retailer named a new gmm/home.
Following the launch of its Souspreme Multi Pot this past spring, Fissler has augmented pricing of the unit while boosting its recipe development in an effort to further engage with consumers, company officials said.
Despite a drop in sales in the second quarter, Newell Brands officials are offering a positive outlook for the company as they raised guidance for net sales and operating cash flow for the remainder of the fiscal year.
PicoBrew is expanding the capability of its Pico C home brewer with the launch of its Craft Beverage Bundle, which company officials said will allow consumers to make cold brew coffee and kombucha at home.
Bonne O Holdings, a beverage system developer, recently closed on the final tranche of its $7.5 million in Series B financing.
Jura will open an upgraded showroom at AmericasMart in Atlanta this July. The new space, located at #869B, will feature the company’s growing Jura and Capresso assortments and will be used for product demonstrations, meetings, special events and product training.
Celebrity chef Cat Cora has named Prominent Brand + Talent as her exclusive agency for licensing and branding, and will look to expand into various home categories including kitchen decor, furniture, appliances, food and beverage and apparel.