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Hoboken, NJ www.newellbrands.com Sales: $642 million (estimated) for home fragrances Corporate sales: $9.3 billion Key personnel Ravi Saligram, president and chief executive officer; Christopher Peterson, chief financial officer and president, business operations; Bradford Turner, chief legal and administrative officer; Steve Parsons, chief human resources officer; Samantha Charleston, senior vice president, talent and culture; Michael Geller, president, e-commerce and digital; Daily Gist, vice president, research and development; Anna Whitton, vice president of marketing; Dan Gustafson, chief information officer; Lisa McCarthy, president, home fragrance
Hoboken, NJ www.newellbrands.com
Sales: $642 million (estimated) for home fragrances
Corporate sales: $9.3 billion
Corporate sales fell 3.4% last year. Home fragrance sales fell due to the temporary closure of all North American Yankee Candle retail stores. Stores didn’t reopen until the third quarter. In addition, the company suffered from supply chain disruptions due to the temporary closure of its manufacturing facility in Massachusetts. The company also suffered from the temporary closure of certain third-party retail stores in the first half of 2020. Finally, home fragrance sales were negatively impacted by the permanent closure of 77 underperforming Yankee Candle stores.
First quarter corporate sales rebounded 21.3% to $2.3 billion and company executives forecast core sales growth of 5-7% for the full year. The home solutions segment, which includes home fragrance, reported a sales gain of nearly 34%.
For 2021, Yankee Candle rolled out its new Signature Collection with completely redesigned modern vessels and 10 new, collection-exclusive fragrances, alongside more than 30 tried-and-true favorites.
“Working alongside trend and fragrance experts, we developed the collection to reflect what our new and longtime customers are looking for when selecting candles for their home,” said Anna Whitton, VP of marketing for Yankee Candle Company. “The sleek, new vessels, available in multiple sizes, offer beautiful designs and a wide variety of fragrance options to help create everyday moments that are worth savoring.”
The Signature Collection has premium soy-wax blends and double cotton wicks, creating a cleaner burn and strong, long-lasting scent.
Rye, NY 561.912.4100 www.jarden.com
Sales: $860 million (estimated) for candle and home fragrance products. Corporate sales: $16 billion.
Yankee Candle’s sales rose an estimated 2% last year. In December, Jarden and Newell Rubbermaid announced an agreement to combine the two companies and create a $16 billion consumer goods company called Newell Brands. The deal closed earlier this year. It’s all about enhancing scale, in key geographies, in key channels and with key retailers, according to company executives. Yankee Candle has been folded into the branded consumables business of Newell Brands, a unit that includes such well-known names as Ball food preservation products, Pine Mountain fire logs and First Alert smoke alarms.
TSG Investment Partners will help flushable wipes brand continue household expansion.
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How the financial sector can lead with impact.
After a successful 21st edition that welcomed 26,000 global attendees, CPNA remains a strategic hub for companies.
Formulated to soothe irritated skin.
By: Lianna Albrizio
The refreshed line now features upgraded, more sustainable packaging designed to reduce environmental impact.
The K Beauty brand’s products were selected by the backstage team to meet the demands of fast-paced prep and intense runway conditions.
The award recognizes the brand’s real-time skin analysis solution for its transformative impact on customer engagement and skincare personalization.
Eight aspiring perfumers turned their fragrance visions into fully developed creations at annual exams.
For new or emerging brands in the SPF category looking to make a name for themselves, now’s the time.
By incorporating this glistening algae into their products, CPG companies can meet the increasing demand for functional ingredients that promote health and wellness.
Enhanced with light-diffusing micropearls and a sheer tint of color, Body Lava accentuates every skin tone with a silky, sun-soaked shimmer.
During the promotional period, beauty shoppers in NYC, LA, San Francisco, Chicago and Seattle can be “Delivered to Beauty” for a best-in-class personalized shopping experience.
Products include a nail collection and De-Tox Hydra-Gel Eye Patches in limited-edition packaging.
HerCore Essentials was developed to support women's well-being with formulas designed to complement a balanced lifestyle.
The Perfectly Chilled nail design features sleek, blue-tipped chrome nails aimed to pair with a café-style iced coffee.
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