Despite some effects from the coronavirus pandemic on the marketplace, Spectrum Brands posted solid results in its second quarter with its personal care and small appliances division showing strong net sales growth.
Spectrum Brands is showcasing its Black + Decker kitchen appliances, placing renewed emphasis on the coffee category as well as augmenting its assortment of air fryers, toaster ovens and slow cookers.
Spectrum Brands reported results from continuing operations for the first quarter of fiscal 2020 ended December 29, 2019, with overall net sales slightly decreasing although the company saw growth in its home and personal care division.
Spectrum Brands’ fiscal year fourth quarter sales were up 1.9% but the company reported a larger net loss for the three month period ended September 30.
Spectrum Brands Holdings has named Jeremy Smeltser as the company’s new evp/chief financial officer. He replaces Doug Martin and reports to David Maura, the company’s chairman and CEO.
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.
Third quarter sales at Spectrum Brands were down slightly as the company was negatively impacted by bad weather in the spring and prior-year listing losses in its Home & Personal Care division.
Second quarter company-wide sales at Spectrum Brands Holdings increased with growth seen in three of its four key product segments.
Spectrum Brands is teaming with singer/songwriter Thalia Sodi as its “beauty ambassador” for its assortment of LumaBella haircare appliances.
Spectrum Brands and Manchester United have signed a multi-year deal in which the Remington personal care brand will become the Premier League soccer team’s official electrical styling partner.
It was a challenging first quarter for Spectrum Brands Holding as the company reported declines in net sales and a net loss for the three month period ended December 30.
Spectrum Brands Holdings has finalized the sale of its Global Battery and Lighting business to Energizer Holdings for $2 billion in cash.
Spectrum Brands has reported results from continuing operations for the fourth quarter of fiscal 2018 ended September 30, 2018.
Nearly a year after putting its appliances division up for sale, Spectrum Brands said it will now retain the business.
Spectrum Brands is partnering with Kate Beckinsale who will serve as the brand ambassador for its Russell Hobbs brand.
The August 20 edition of HOMEWORLD BUSINESS® revealed the 13th annual “Players,” people to watch in housewares during the next 12 months.
Spectrum Brands has named a new CEO as Andreas Rouvé has stepped down as the company’s chief executive and director.
The Housewares Show. Utter that phrase to anyone who worked the annual event held recently in Chicago and it will conjure up a multitude of feelings that range from excitement in seeing new products to exhaustion after a long week at McCormick Place.
Spectrum Brands is expanding its George Foreman brand beyond the grilling category with the recent launch of the new Twist & Crisp air fryer.
Spectrum Brands will debut a variety of kitchen electrics from several brands including Russell Hobbs, George Foreman and Black + Decker during the International Home + Housewares Show.