SharkNinja, CDH Reach Strategic Investment Agreement
CDH Fund V, L.P., a private equity fund managed by CDH Investments, has entered into a definitive agreement to purchase a “significant equity interest” in SharkNinja.
appliances
Macy’s Expands Exclusive Crux Electrics Collection
Sensio and Macy’s are teaming to raise the profile of the department store’s exclusive Crux brand of small electrics with the launch of the “Copperstyle Your Kitchen” sweepstakes.
Electrolux Launches ProSwivel Upright Vacuum
Electrolux has launched the ProSwivel upright vacuum, which features an updated design with orange accented touch points on a pearl white and gray frame, a slim profile and a brushroll view window for usability, the company said.
Aaron’s Produces Positive Results In Second Quarter
Aaron’s reported a positive second quarter with a rise in overall revenues following its acquisition of SEI, the company’s largest franchisee.
Conair Opens Arizona Distribution Center
Conair has opened a distribution center in Glendale, AZ, that will focus on fulfilling online orders, AZCentral.com reported.
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.
SodaStream Drives Sales In Q2
Second quarter revenue at SodaStream was up 10% as an increase in sales of carbonated water maker units and gas refills were the key drivers, company officials said.
Hamilton Beach Q2 Revenue, Net Income Rise
An increase in sales of higher-priced, higher-margin appliances were key factors in revenue growth for Hamilton Beach during the second quarter.
Best Buy To Launch Dyson Demo Experience Shops
Best Buy is rolling out a Dyson Demo Experiences section in select stores to showcase the brand’s floor care, personal care and home environment assortments.
Breville Launches Oracle Touch Espresso Maker
Breville has launched its Oracle Touch automatic espresso machine, which brews cafe quality coffee similar to that delivered by manual commercial espresso machines, according to the company.