GARDEN CITY, N.Y.--(BUSINESS WIRE)--
Lifetime Brands, Inc. (Nasdaq: LCUT), North America's leading resource
for nationally branded kitchenware, tabletop and home décor products,
today announced that, in light of current economic conditions, the
Company has determined to suspend paying a cash dividend on its
outstanding common shares. The Company will review this decision as
circumstances may warrant.
About Lifetime Brands, Inc.
Lifetime Brands is North America’s leading resource for nationally
branded kitchenware, tabletop and home décor products. The Company
markets its products under many of the industry’s best known brands,
including Farberware®, KitchenAid®, Pfaltzgraff®, Mikasa®, Cuisinart®,
Block®, Calvin Klein®, CasaModa®, Cuisine de France®, Gorham®,
Hoffritz®, International® Silver, Joseph Abboud™, Kamenstein®, Kirk
Stieff®, Melannco®, Nautica®, Pedrini®, Roshco®, Sabatier®, Sasaki®,
Towle® Silversmiths, Tuttle®, Wallace® and Vasconia®. Lifetime’s
products are distributed through most major retailers in North America.
Source: Lifetime Brands, Inc.
Company:
Lifetime Brands, Inc.
Laurence Winoker, 516-203-3796
Senior Vice President
laurence.winoker@lifetimebrands.com
or
Investor
Relations:
Lippert/Heilshorn & Assoc.
Harriet Fried,
212-838-3777
hfried@lhai.com
