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Lifetime Brands Buys Kitchen Craft

Housewares company World Kitchen exploring sale -sources

Mike Vogelzang, Boston Advisors president and CIO, weighs in. CNBC Tech earnings season starts in earnest Thursday with Intel, and it might be a rough start to the year. The reason? Margins.

Newly Appointed World Kitchen Leadership Welcomes 2013 International Home & Housewares Show

Carl Warschausky assumed the role of president and chief executive officer January 1, 2013. In his role, Warschausky will continue to protect the company's leadership by growing its brands with product innovation and providing solid solutions that address consumer needs. "As we look at each brand in the World Kitchen portfolio, we consistently seek new ways to strengthen and modernize our product innovation and marketing approach," said Warschausky. "We are growing the brands by engaging with our consumers and addressing the everyday issues they face in the kitchen with our innovative solutions." Warschausky previously served as the chief financial officer and president of North America for World Kitchen. "Carl's deep knowledge of the company and the housewares industry will serve him well in his role as CEO," said Joe Mallof, former president and chief executive officer, World Kitchen.

The Quick Whip is a huge time saver for anybody who wants to make their own whipped cream and another gadget can help you remove seeds from a pomegranate with the whack of a spoon. A choco-nut cheese grater does a lot more than grate cheese. Here we have dark chocolate on one side and we have nuts on the other, one vendor told CBS 2s Hsu. The ScanNCut can save tons of time for arts and crafts fans who can scan pictures and transfer the shape over to paper, fabric, or vinyl. Liquid lovers may enjoy the H-Duo drink bottle which holds two separate beverages. If wine is more to your liking the Savino Wine Preserver is a great way to serve wine straight from a carafe and keep it fresh for up to a week. All of the products at the show will be on the market within the next few months just in time for the holidays.

Hot New Kitchen Gadgets On Display At Housewares Show In Midtown

Pet Owners Want A Touch Of The Wild With Hybrid Cats As we reported last week with Click and Grow's , designers have invested time into creating beautiful countertop gardening systems that turn the blackest thumbs, green. I particularly love the Grow Green terracotta boxes from Swedish design duo, Cult Design. The stacking boxes contain the right amount of moisture to cultivate varying sproutsalfalfa, broccoli sprouts, beans and more. Their "kitchen farming" line of products are simple and functional. Back to the Roots , a young startup from two UC Berkeley graduates, diverts and reuses 3.6 million pounds of coffee grounds a year as soil in their Mushroom Kits. Each Mushroom kit grows up to 1.5 pounds of pearl oyster mushrooms right from the box. Their newest product, a countertop aquaponic fish tank/garden was launched through Kickstarter at the end of 2012.

International Home + Housewares Show 2013: Countertop Gardens and Kitchen Farming

IHHS_Green_BacktotheEarth.JPG The company has roughly $75 million in annual earnings before interest, taxes, depreciation and amortization, the sources said. After being spun off from Corning, World Kitchen was acquired by Borden for about $600 million, according to reports at the time. The company filed for bankruptcy in 2002 and underwent financial reorganization. It is now backed by W Capital Partners and Oaktree Capital Partners. The company makes products such as dinnerware, kitchen tools, cutlery and storage. World Kitchen, Baird and W Capital Partners declined to comment. Oaktree could not be reached for comment.

Lifetime Brands Inc : Lifetime Brands buys Kitchen Craft

Nearly 3,000 companies from 39 nations displayed their wares at the fair, at which hundreds of new items are unveiled annually. Household scales were popular this year, with many companies offering supersensitive digital scales, including one with a memory. With a flick of a switch, the new Krups Fitcontrol Memo will tell you what you weighed the last time you weighed yourself. Flick another switch and you'll get your current weight. Soehnle, also a German company, introduced a tabletop digital scale for weighing items as light as 2 grams or as heavy as 1,000 grams, perfect for use as a postage and a kitchen scale.


Financial terms were not disclosed. Kitchen Craft's formal name is Thomas Plant ( Birmingham ) Ltd. The privately held company supplies more than 70 countries with goods marketed under brand names including Master Class, Molten, Natural Elements and Kitchen Craft. Thomas Plant

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