Gift industry financial news & reports

Mergers and acquistions, profit and loss, Chapter 11, sales and revenues from the leading gift vendors.
  • Portmeirion Group Acquires U.K. Fragrance Manufacturer

    Portmeirion Lighthouse Holdings - small

    NEW YORK – Portmeirion Group has acquired Lighthouse Holdings, one of the U.K.’s largest home fragrances manufacturers, in a deal worth more than $19.9 million. More

  • Lifetime Brands Acquires Wilton Armetale

    Lifetime Brands Logo 2016 small

    GARDEN CITY, NY – Lifetime Brands , provider of kitchenware, tabletop and other products, has acquired the brands, product portfolio and certain other assets of Wilton Armetale . More

  • Ricardo Beverly Hills Acquires Stephanie Johnson

    Stephanie Johnson Chelsea

    KENT, WA – Ricardo Beverly Hills has acquired Venice, CA-based Slim Inc./ Stephanie Johnson , creator of stylish cosmetic cases and travel accessories. Ricardo Beverly HIlls is known for its line of luggage and travel accessories. More

  • Sferra Appoints New CEO

    Michelle Klein

    EDISON, NJ – Industry veteran, Michelle Klein has been appointed as president and CEO of Sferra. She brings more than 21 years of industry experience, most recently as president and CEO of Baccarat Americas. More

  • Foreside Expands to Full National Representation with Ivystone

    Foreside logo (2) 2016

    PLYMOUTH, MN – Foreside Home and Garden has expanded its relationship with Ivystone to full national representation. After working together for more than five years, the West Coast region has now been added. More

  • Las Vegas Market Partners with Steelyard

    Steelyard logo

    LAS VEGAS – Las Vegas Market has partnered with Steelyard, a company that leverages technology to power design-industry commerce. More

  • Sferra Acquires Brahms Mount

    Sferra logo 2

    EDISON, NJ and NEW YORK – Sferra Fine Linens, LLC has acquired Brahms Mills, an American textile, manufacturing mill and retail store, effective December 4, 2015. More

  • Fitz and Floyd Acquires Sadek; Signs Deal with Hershey’s

    sadek

    NEWTOWN, PA – Fitz and Floyd has acquired Andrea by Sadek. The acquisition was fueled by the company’s desire to better leverage the brand. Fitz and Floyd will maintain the existing collection, including The Williamsburg and Children’s Tea Sets, as well add new collections and enhanced sales support. More

  • Danish Brand Bloomingville Announces U.S. Launch

    SAN FRANCISCO – The Danish design brand, Bloomingville, will make its U.S. debut with Ivystone this January. The brand will premiere at the Atlanta International Gift & Home Furnishings Market, followed by the Dallas Total Home & Gift Market and the Las Vegas World Market. More

  • Alessi Partners with Delta

    ATLANTA and CRUSINALLO, Italy – In 2017 Delta Air Lines’ Delta One and First Class cabins will get a taste of Italy. The company has partnered with Alessi to create a signature line of plates, glasses, flatware and service products. More

  • Ercuis, Raynaud Join Sambonet

    Sambonet Paderno Industrie S.p.A., parent company of tabletop manufacturer Rosenthal, has acquired a 100 percent stake in French silverware company Ercuis. Ercuis also holds 55.25 percent shareholding in Raynaud, a porcelain manufacturing company founded in Limoges in 1849; the remaining capital is owned by the Raynaud family. More

  • Demdaco, OneCoast Form Strategic Partnership

    demdaco

    LEAWOOD, KS - Demdaco has announced that it has entered into a partnership agreement with OneCoast, which will create a new sales division exclusively dedicated to selling Demdaco product. The two companies will enter this new partnership January 1, 2016. More

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    Product Wire: Editor's Picks

    We can all appreciate a functional tote, wallet or purse, especially when traveling or shopping. (See you tomorrow, Dallas Market Center!) This week’s Editor’s Picks lend a helping hand when juggling all you have in tow.

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