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Report: Newell Moving Some Electrics Production Out of China To Reduce Tariff Exposure

Report: Newell Moving Some Electrics Production Out of China To Reduce Tariff Exposure

by Peter Giannetti | Aug 9, 2024 | Appliances, Featured News, Home + Housewares, Kitchen Electrics

Newell Brands is looking reduce its tariff exposure related to Chinese imports by moving some production of its countertop kitchen appliances out of China, according to a Reuters report this week citing Newell CEO Chris Peterson. Newell also relocated Chinese South...
Marketplace Headwinds Hit Newell Brands in Q3

Marketplace Headwinds Hit Newell Brands in Q3

by Peter Giannetti | Oct 28, 2022 | Appliances, Cookware, Cutlery, Food Storage, Kitchen Electrics, Kitchenware

Newell Brands reported third-quarter net sales were $2.3 billion, a 19.2% year-over-year decline, citing a core sales decrease of 10.8% and impact from the sale of its Connected Home & Security business at the end of the first quarter 2022, unfavorable foreign...
Newell’s First-Quarter Helped by Food Housewares Unit

Newell’s First-Quarter Helped by Food Housewares Unit

by Peter Giannetti | May 2, 2022 | Appliances, Cookware, Food Storage, Kitchenware

Newell Brands reported first-quarter corporate net sales of $2.4 billion, a 4.4% year-over-year increase. Core sales at Newell advanced 6.9% year over year with five of seven business units reporting gains in core sales compared with the prior-year period. Newell’s...
Marketplace Headwinds Hit Newell Brands in Q3

Newell Brands Opens Content Creation Kitchen in New Jersey

by Peter Giannetti | Apr 13, 2022 | Appliances, Cookware, Featured News, Home Storage & Organization, Kitchen Electrics, Kitchenware

Newell Brands Inc. opened the Newell Creative Kitchen, the company’s first multi-purpose, brick-and-mortar kitchen space designed as a hub for content creation and connecting people with the latest food and kitchen trends. Located in Hoboken, NJ, just across the...
Newell Makes Fortune’s ‘Most Admired’ List, Spotlights Its Progress

Newell Makes Fortune’s ‘Most Admired’ List, Spotlights Its Progress

by Mike Duff | Feb 11, 2022 | Appliances, Cookware, Food Storage, Kitchenware

Newell Brands has found a place on Fortune’s 2022 World’s Most Admired Companies list, coming in among the top six companies in the home equipment, furnishing industry category and 224 overall. The company has taken the occasion to highlight positive developments in...
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