Spectrum Brands will acquire the home appliances and cookware categories of Tristar Products, intending to combine them with its home and personal care segment to create a new, standalone global appliance company.
The renowned retail, CPG, and supply chain veteran brings his track record to the provider of Internet of Things (IoT) connectivity products and services.
This is the latest step in Henkel’s strategy to build a single multi-category platform that combines its consumer brands and businesses, featuring brands such as Persil and Schwarzkopf.
Colgate-Palmolive is implementing a global productivity program to streamline operations and its supply chain, expecting to execute the majority of it this year.
The small- and medium-sized businesses — classified as companies with less than $1 billion in revenue — that are growing through a fierce dedication to consumers and invention (and sometimes a bit of scrap).