Dorel Industries

32 Leading Brands Announce Exclusive Teacher Offers for National Teacher Appreciation Week

Retrieved on: 
Thursday, May 2, 2024

SheerID, the global leader in identity verification for commerce, is proud to partner with over 32 brands in 8 retail categories to provide exclusive discounts for millions of educators during National Teacher Appreciation Week.

Key Points: 
  • SheerID, the global leader in identity verification for commerce, is proud to partner with over 32 brands in 8 retail categories to provide exclusive discounts for millions of educators during National Teacher Appreciation Week.
  • "Personalized and exclusive offers are a powerful way for brands to honor and thank teachers for the important work they do," stated Sai Koppala, CMO of SheerID.
  • Pizza Hut : Unlock exclusive perks at Pizza Hut during Teacher Appreciation Month!
  • Members must be signed up for Teachers' Circle before May 6 to receive Teacher Appreciation Week rewards.

28 Leading Brands Unveil Exclusive Discounts for National Nurses Week

Retrieved on: 
Thursday, May 2, 2024

In an ongoing effort to honor the critical contributions of healthcare professionals, SheerID, the global leader in identity verification for commerce, has once again partnered with 28 leading brands to provide exclusive discounts during National Nurses Week.

Key Points: 
  • In an ongoing effort to honor the critical contributions of healthcare professionals, SheerID, the global leader in identity verification for commerce, has once again partnered with 28 leading brands to provide exclusive discounts during National Nurses Week.
  • “SheerID is delighted to continue our partnerships with brands that understand the importance of these frontline healthcare professionals,” expressed Sai Koppala, CMO of SheerID.
  • Burton Snowboards : Nurses can score up to 50% off select softgoods and up to 40% select hardgoods.
  • tarte cosmetics : tarte cosmetics honors healthcare heroes with an exclusive 40% discount on all products on tarte.com, year-round.

Leading Brands Unveil Exclusive Offers for Verified Military Members During National Military Appreciation Month

Retrieved on: 
Tuesday, April 30, 2024

SheerID, the global leader in identity verification for commerce, is partnering with 31 distinguished brands in 9 categories offering exclusive discounts to honor the millions of active military service members and veterans during National Military Appreciation Month this May.

Key Points: 
  • SheerID, the global leader in identity verification for commerce, is partnering with 31 distinguished brands in 9 categories offering exclusive discounts to honor the millions of active military service members and veterans during National Military Appreciation Month this May.
  • “At SheerID, we take immense pride in empowering brands to recognize and honor the invaluable contributions of military members and their families,” stated Sai Koppala, CMO of SheerID.
  • CheapCaribbean Vacations : Members of the military can join our Waves4Warriors Club and get $150 off their next beach vacation!
  • VIVAIA : As a thank you for their work and service, military members can enjoy an exclusive 20% off discount for the month of May.

U.S. Garage Furniture Market Focused Insights 2024-2029 - California Closets, ClosetMaid, Dorel Industries, Rubbermaid and The Container Store Continue to Dominate - ResearchAndMarkets.com

Retrieved on: 
Monday, April 29, 2024

The bench and table product segment is growing significantly, with the fastest-growing CAGR of 3.01% in the U.S. garage furniture market.

Key Points: 
  • The bench and table product segment is growing significantly, with the fastest-growing CAGR of 3.01% in the U.S. garage furniture market.
  • Based on distribution channels, the big box stores segment holds the largest share of over 50% in the U.S. garage furniture market.
  • This driver can impact the market by increasing the supply and demand for garage furniture products and creating more competition and innovation among garage furniture providers.
  • This development in the U.S. Garage Furniture Market emphasizes the importance of versatile and integrated storage solutions.

Maxi-Cosi Celebrates Earth Day Partnering with ForestNation to Plant Over 10,000 Trees

Retrieved on: 
Thursday, April 25, 2024

FOXBOROUGH, Mass., April 25, 2024 /PRNewswire/ -- Maxi-Cosi, a leading baby gear brand of Dorel Industries Inc. (TSX: DII.B, DII.A) known for its innovative designs that Carry the Future, is joining forces with ForestNation, an organization that encourages environmental sustainability and reforestation. This partnership follows the launch of Maxi-Cosi EcoCare, a new premium, future-friendly, 100%-recycled fabric made from plastic bottles. The yarn produced is soft, comfortable, and breathable and comes in four modern neutral color palettes to elevate the look and complement your home's aesthetic. With the launch of this collection, Maxi-Cosi is expanding on its responsibility to do its part in building a better future by building a better planet, starting with planting more than 10,000 trees in Tanzania — a region battling deforestation.

Key Points: 
  • This partnership follows the launch of Maxi-Cosi EcoCare , a new premium, future-friendly, 100%-recycled fabric made from plastic bottles.
  • The yarn produced is soft, comfortable, and breathable and comes in four modern neutral color palettes to elevate the look and complement your home's aesthetic.
  • Planting over 10,000 trees in Tanzania reflects our dedication to combating deforestation and fostering a greener Earth."
  • Together with Maxi-Cosi, we are planting more than trees; we are planting hope for future generations.

Dorel Reports Fourth Quarter and 2023 Year-End Results

Retrieved on: 
Monday, March 11, 2024

Revenue for the fourth quarter was US$138.6 million, down US$12.7 million, or 8.4%, from US$151.3 million last year.

Key Points: 
  • Revenue for the fourth quarter was US$138.6 million, down US$12.7 million, or 8.4%, from US$151.3 million last year.
  • Fourth quarter operating loss was US$12.8 million compared to US$18.3 million last year.
  • It should be noted that the seasonality of our business means that our first quarter, while substantially better than the prior year comparison, will not match 2023’s strong fourth quarter performance,” commented Dorel President & CEO, Martin Schwartz.
  • Dorel Industries Inc. will hold a conference call to discuss these results on Tuesday, March 12, 2024 at 11:00 AM Eastern Time.

Maxi-Cosi Launches First Ever AI-Equipped Baby Monitor to Translate Baby's Cries

Retrieved on: 
Tuesday, January 9, 2024

FOXBOROUGH, Mass. , Jan. 9, 2024 /PRNewswire/ -- Maxi-Cosi, a leading baby gear brand of Dorel Industries Inc. (TSX: DII.B, DII.A), known for its innovative designs, is today launching the See Pro 360° Baby Monitor. Revolutionizing the way parents connect with their babies, this state-of-the-art monitor features groundbreaking CryAssist™ technology, leveraging AI to translate a baby's cries, helping parents understand if their little one may be sleepy, fussy, gassy, agitated, or hungry.

Key Points: 
  • , Jan. 9, 2024 /PRNewswire/ -- Maxi-Cosi , a leading baby gear brand of Dorel Industries Inc. (TSX: DII.B, DII.A), known for its innovative designs, is today launching the See Pro 360° Baby Monitor.
  • Revolutionizing the way parents connect with their babies, this state-of-the-art monitor features groundbreaking CryAssist™ technology, leveraging AI to translate a baby's cries, helping parents understand if their little one may be sleepy, fussy, gassy, agitated, or hungry.
  • Connected Family App: Create the optimal environment, set the mood, and monitor and comfort baby from anywhere you might be.
  • A 6-month subscription for CryAssist is included with the purchase of the See Pro 360° Baby Monitor and can be easily renewed within the app for a family's second child.

Dorel Enters into New US$88 Million Term-Loan Facility

Retrieved on: 
Friday, December 8, 2023

Dorel Industries Inc. (TSX: DII.B, DII.A) is a global organization, operating two distinct businesses in juvenile products and home products.

Key Points: 
  • Dorel Industries Inc. (TSX: DII.B, DII.A) is a global organization, operating two distinct businesses in juvenile products and home products.
  • Dorel Juvenile’s powerfully branded products include global brands Maxi-Cosi, Safety 1st and Tiny Love, complemented by regional brands such as BebeConfort, Cosco, Mother’s Choice and Infanti.
  • Dorel Home, with its comprehensive e-commerce platform, markets a wide assortment of domestically produced and imported furniture.
  • Dorel has annual sales of US$1.6 billion and employs approximately 4,000 people in facilities located in twenty-two countries worldwide.

More Than 50 Top Brands Announce Exclusive Offers For Veterans Day with SheerID

Retrieved on: 
Tuesday, November 7, 2023

“Brands that show they care about heroes, like active military service members, veterans, and their families, by rewarding them with personalized offers, build strong connections with these valuable consumers,” said Jake Weatherly, Chief Executive Officer of SheerID.

Key Points: 
  • “Brands that show they care about heroes, like active military service members, veterans, and their families, by rewarding them with personalized offers, build strong connections with these valuable consumers,” said Jake Weatherly, Chief Executive Officer of SheerID.
  • “Recognizing individuals for the important work they do builds trust, which helps companies gain and keep loyal customers.”
    Access Exclusive Veterans Day Offers!
  • Ashley Furniture - Veterans and active military members receive 10% off any purchase online or at participating stores through 11/13/2023.
  • Guitar Center - In appreciation and support of military veterans and active service member musicians, Guitar Center is offering an exclusive Veterans Day discount of 15% off a single item of $199 or more .

Dorel Reports Third Quarter 2023 Results

Retrieved on: 
Friday, November 3, 2023

Revenue for the third quarter was US$153.7 million, down US$33.7 million, or 18.0% compared to the third quarter a year ago.

Key Points: 
  • Revenue for the third quarter was US$153.7 million, down US$33.7 million, or 18.0% compared to the third quarter a year ago.
  • “While the results at Dorel Home are less positive, sales are improving across the year, and we are narrowing our losses.
  • Dorel Industries Inc. will hold a conference call to discuss these results on Friday, November 3, 2023 at 1:00 P.M. Eastern Time.
  • This recording will be available on Friday, November 3, 2023 as of 4:30 PM until 11:59 PM on Friday, November 10, 2023.