By Lisa Johnston
New products on display at the American International Toy Fair, held in N
Newark, Calif. — After yet another disappointing financial period, Logitech announced it was divesting its remote control and video security categories, as well discontinuing other products.
Sales for the fiscal-year third quarter were $615 million, down 14 percent from the prior-year period. The company posted an operating loss of $180 million, which included a non-cash goodwill impairment charge, estimated to be $211 million.
This TWICE webinar, hosted by senior editor Alan Wolf, will take a look at what may be the hottest CE products at retail that will be sold during the all-important fourth quarter. Top technologies, market strategies and industry trends will be discussed with industry analysts and executives.
Chicago — Toddy Gear announced it’s moving all manufacturing to the U.S. from China.
Beginning Feb. 1, Toddy Gear will manufacture its Smart Cloth, Wedge and other products at a Chicago location. Company founder Todd Gabel is from the area, and the company’s offices are based there as well.
The move will provide better speed to market for products, and those in the promotional product industry will experience a decreased lead time and improved product quality, Toddy Gear said.
Las Vegas – Plantronics' Clarity division, which markets technology for senior citizens, has teamed with ClearCaptions to launch Ensemble, an amplified home phone that allows individuals with hearing loss to read incoming phone calls.
Through a 7-inch tablet-based display, Ensemble captions conversations in real time while also amplifying incoming sound up to 50dB.
LAS VEGAS — MTX Audio, part of Mitek’s electronics and communications group, unveiled during International CES a three-part strategy which includes its “Connected Commerce” dealer program, a unilateral pricing policy (UPP), and a five-year warranty.
Connected Commerce is an integration of in-store sales with online efforts in order to help increase a dealer’s reach, improve the customer experience, and lower costs, MTX said.
Las Vegas — Goal Zero used International CES to launch two solar-powered generators, including a 1,250-watt model designed to back up critical home appliances such as refrigerators, freezers and home health care equipment.
The Goal Zero Yeti 1250 Solar Generator Kit features a solar-powered lead-acid battery with three AC, 12-volt and USB outlets and is rated for continuous use. It can be fully charged in about 20 hours with two included 30-watt Boulder 30 solar panels.
LAS VEGAS — Beats Electronics named Ian Rogers CEO and announced a new music service known as Project Daisy.
Rogers will report to Beats CEO and co-founder Jimmy Iovine and president/COO Luke Wood. Rogers will also step into the leadership position at MOG, the streaming music service Beats acquired in 2012.
Project Daisy is set to launch in late 2013 as a stand-alone company under the Beats Electronics umbrella.
LAS VEGAS — The annual Monster Retailer Awards drew an overflow crowd to the Ballroom of the Paris Hotel, where Grammy-winning artist Alicia Keys wowed it with a, well, monster live performance.
Before the concert kicked off, head monster Noel Lee presented the company's Most Monstrous Awards to its best-performing retail partners of the previous year, with the top honor, the Gold Award, going to Australian CE chain Harvey Norman.
This year’s winners, by category, were as follows:
Las Vegas — Scosche is introducing a host of new products at International CES this week, including a new line of climate-control installation kits.
The kits have 4.2-inch color touchscreen AC controllers that can be used with single or dual climate controls by plugging directly into the factory AC harness. Features include eight hard keys, the ability to accommodate ISO single- or double-DIN mounts, and factory-matched color.
Las Vegas — One year after Monster’s very public split with Beats by Dr. Dre, the manufacturer is trying to reach as many different consumer demographics as possible, and it’s using a ton of star power to help.
In a celebrity-studded press conference on Monday, Monster expanded several of its existing headphones lines and launched its very first gaming headset, the MVP Carbon.