news David Mason Design celebrates 60 years
This year DMD is proud to be celebrating its Diamond Anniversary, with founder and chairman David Cowan also turning 90. The Cowan family has a rich history in the housewares industry. David founded DMD in 1962 and his father Julian founded Cole and Mason in 1919. DMD continues to stay in the family to this day, with sons Nicholas and Richard leading the way as company directors. Throughout his career, David has been spearheading innovation in the housewares industry. In the 50s he introduced the first spice jar set, in the 70s the first acrylic clear pepper
RKW wins Best Display Stand at Home Hardware’s Spring Trade Show
mill and in the 80s he pioneered the outdoor living category and worked with Disney to bring ‘licensed housewares’ into the mix. When asked what he is most
proud of, David stated: “My contribution to the housewares industry behind the scenes and that our family business is respected around the world.” Over the past 20 years, DMD has grown to include
premium dining, kitchen and tableware. The company now has a Hong Kong office and continues to have an amazing team in Derbyshire that works behind the scenes to bring customers beautiful trend-led products.
John Lewis retires price pledge after 96 years
RKW (Tower) won Best Display Stand at Home Hardware’s Spring Trade Show, which took place on Tuesday, 8 March at Westpoint Arena, Exeter. The supplier won a cash prize of £100, a certificate and a glass trophy. Sodastream received the runner up prize of £50. 131 exhibitors attended the Show and the award was judged
by an independent panel and presented by David Adams, chairman of Home Hardware. David Adams said: “RKW worked incredibly hard on the presentation of their stand. It was extremely eye catching, featured interesting products and the stand was well-lit. Products were merchandised to a high standard and I can see why retailers were drawn to this stand.” Pictured (L-R): Rebecca Stewart (Housewares Sales Manager), Gary Sharp (Commercial Sales Director), Paul Thornell (Area Sales Manager), Gianni Albenese (Area Sales Manager) and David Adams (Chairman of Home Hardware).
British department store retailer John Lewis has announced that from this summer, it will retire the “Never Knowingly Undersold” price pledge it has maintained since 1925. The promise means the employee- owned John Lewis matches prices on like-for-like branded products with national retailers that sell both online and in shops. However, in a statement published online, John Lewis said: “Never Knowingly Undersold is no longer enough to assure trust because it applies to fewer and fewer sales as shopping moves increasingly
online, and isn’t applicable to online- only retailers. So, we’re replacing it with a new approach, which all of our customers can trust because it applies to however and wherever you shop – in store or online. “We have pledged a £500 million
investment so that we can bring you John Lewis quality at great value prices. That’s 25% more than we invested in prices last year.” John Lewis has said it will inform
customers of an exact date when Never Knowingly Undersold ends nearer the time.
Lifetime Brands acquires S’well for undisclosed sum
Lifetime Brands, Inc., a leading global provider of kitchenware, tableware and other products used in the home, has announced that it has acquired the business and certain assets of Can’t Live Without It (doing business as S’well Bottle). Founded in 2010, S’well is a global designer, wholesaler and retailer of reusable, vacuum-insulated products. Rob Kay, Lifetime’s CEO, commented: “We are extremely pleased to welcome the S’well brand to our portfolio. S’well originated the category
of sustainable hydration products and has consistently been a design, feature and product innovator. The brand is a perfect fit for our growing and successful hydration and storage categories, where we have already made great progress growing our BUILT brand… Additionally, S’well’s recognition as a leader in sustainability helps reinforce our commitment in this important area. We expect this highly complementary addition to our portfolio to have an accretive impact on our earnings beginning in 2022.” Terms of the acquisition were not disclosed. The company believes that once fully integrated into Lifetime’s operations, a process expected to be completed in the second quarter of 2022, S’well will contribute approximately $4.5 million of annualised EBITDA.
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March/April 2022
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