Lifetime Brands Enters into Joint Venture to Distribute Mikasa® Products in China
Strategic Alliance Enhances Lifetime’s Global Presence
“This new joint venture positions Lifetime to take advantage of a
significant growth opportunity in
“King’s Flair, which distributes a broad range of housewares products in
“We believe that this alliance will further enhance Lifetime’s position as a global leader in the housewares business.”
Based in
The Company’s corporate website is www.lifetimebrands.com.
Forward-Looking Statements
In this press release, the use of the words “believe,” "could," "expect," "may," "positioned," "project," "projected," "should," "will," "would" or similar expressions is intended to identify forward-looking statements that represent the Company’s current judgment about possible future events. The Company believes these judgments are reasonable, but these statements are not guarantees of any events or financial results, and actual results may differ materially due to a variety of important factors. Such factors might include, among others, the Company’s ability to comply with the requirements of its credit agreements; the availability of funding under such credit agreements; the Company’s ability to maintain adequate liquidity and financing sources and an appropriate level of debt; changes in general economic conditions which could affect customer payment practices or consumer spending; the impact of changes in general economic conditions on the Company’s customers; changes in demand for the Company’s products; shortages of and price volatility for certain commodities; significant changes in the competitive environment and the effect of competition on the Company’s markets, including on the Company’s pricing policies, financing sources and an appropriate level of debt.
Source:
Lifetime Brands, Inc.
Laurence Winoker, 516-203-3590
Chief
Financial Officer
investor.relations@lifetimebrands.com
or
Lippert/Heilshorn
& Associates
Harriet Fried, 212-838-3777
Senior Vice
President
hfried@lhai.com