This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Remington's Full Line Of Basic-to-trend Women's Hair Accessories Includes Hair Elastics That Can Also Be Worn As Jewelry. (Photo: Business Wire)

Spectrum Brands Holdings, Inc. (NYSE: SPB), a diversified and global consumer products company with market-leading brands, announced today that its Remington® personal care division has entered the U.S. women’s hair accessories market with a full line of basic-to-trend hair accessories, accessory storage items and brushes for both the adult and teenage girl segments.

Remington's full line of basic-to-trend women's hair accessories includes hair elastics that can als ...

Remington's full line of basic-to-trend women's hair accessories includes hair elastics that can also be worn as jewelry. (Photo: Business Wire)

Remington® already has secured sizeable placements at several major retailers in the U.S. women’s hair accessory category, a consumables market estimated at more than $1 billion annually. Remington® also is leveraging its strong global footprint in hair care, shaving and grooming to enter growing women’s hair accessories markets in Europe and Latin America.

“Our successful launch in the women’s hair accessory market is among a number of global categories Remington® is entering to advance our strategy of rapid organic growth in higher margin and faster growing consumables markets over the next several years,” said Dave Lumley, Chief Executive Officer of Spectrum Brands Holdings. “We are investing in resources to capitalize on this significant growth platform, leveraging our Spectrum Value Model approach of ‘same performance/less price’ to gain distribution in both stores and online, and working hard to help our retail partners grow their category shares.”

Extending the Remington® brand to the consumable hair accessory category further enhances Remington’s position as one-stop shopping for hair styling for all ages. According to Drew Fiorenza, Remington® Global Vice President, “Our hair accessory product development has a strong emphasis on executing fashion and trend and always with a focus on winning the value position. With our brand positioning of ‘How the World Gets Ready,’ we have a unique opportunity for cross promoting our hair accessories with complementary segments of our business, such as hair care appliances, and even with other adjacent beauty categories by co-merchandising in stores and offering in-pack trial samples or coupons for discounts with purchase.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,823.80 -104.40 -0.58%
S&P 500 2,082.95 -6.51 -0.31%
NASDAQ 4,926.3720 -12.9550 -0.26%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs