ISTANBUL — The Kraft Heinz Company will purchase Assan Foods from the privately held Turkish company Kibar Holding in a deal that values the enterprise at approximately $100 million. Assan Foods is a sauce-focused business with manufacturing facilities in Balikesir and Izmir that has been a production partner for KraftMORE HERE
The chain, which had hundreds of stores nationwide, was purchased by Mrs. Paul’s, and later sold. It then went Chapter 11, though the Ohio stores survived. This often happens when franchise chains collapse; individual franchisees continue to use the name, without any support. MORE HERE
EL PASO, Texas – Helen of Troy Limited (NASDAQ: HELE), the housewares, home and beauty products company, has sold its mass market personal care business for $44.7 million in cash. HRB Brands LLC purchased the portfolio of classic products that includes brands such as classics Brut and Vitalis and theMORE HERE
Yet another old brand of bourbon whiskey has a new life, the Kentucky Senator brand. Kentucky Senator was originally distilled and bottled by Crigler & Crigler (1874-1916) of Covington, Kentucky, and later by Double Springs Distillers, Inc. of Bardstown. The 2021 revival of the brand is led by Kentucky SenatorMORE HERE
Their success at making a regional grocer and retail brand into a national franchise is a path for any local retailer that was established over 75 years ago. There is enough goodwill and brand story to make the product compelling to those outside the city.MORE HERE
NEW YORK – At the clothing and licensing company PVH Corp., formerly Phillips-Van Heusen Corp., Mike Shaffer and Cheryl Abel-Hodges will be leaving PVH in coming months. Shaffer, Chief Operating and Financial Officer, will be leaving in September. Abel-Hodges will be stepping down as CEO of Calvin Klein and movingMORE HERE
A happy “Ye Old Fashioned Easter” from that very special Brooklyn Emporium, Abraham & Straus. Back in 1910, they had Millinery in three different places, and in three types. The untrimmed millinery was on the main floor, east building, 273. Ready to wear millinery was on the Mezzanine Floor, EastMORE HERE
CHICAGO – There is so much to appreciate about Turtle Wax. It is, above all, a great brand. It is one company. That makes one sort of thing. Car care products. And things made with the Turtle Wax name. The imagery and color are clear too. A turtle is green.MORE HERE
After almost a decade of hoping, and for the first time in 30 years, customers searching for a “true premium SUV experience” can now order an all-new 2022 model year Jeep Wagoneer and Grand Wagoneer. The return of the Wagoneer begins at a cost of $57,995; Grand Wagoneer has aMORE HERE
LINDEN, N.J. – The west coast lighting retailer Lamps Plus has struck an exclusive deal to market classic Stiffel Lamps, a brand that has returned production to the U.S. recent years. “Stiffel is a brand with a great history. The lamps are truly unique and considered works of art,” saidMORE HERE