SOURCE: Kid Brands, Inc

Kid Brands, Inc

October 14, 2010 16:05 ET

Kid Brands, Inc. Launches Broad Range of Innovative and Award-Winning Products at 2010 ABC Kids Expo

Product Extensions and New Categories of Design-Led, Branded Products Expand Company's Reach

Sassy's Stay-Clean Silly Squirts™ Win Coveted 2010 JPMA Innovation Award

WAYNE, NJ--(Marketwire - October 14, 2010) -  Kid Brands, Inc. (NYSE: KID) today announced the introduction of a wide array of compelling, innovative and award-winning new products at the 2010 ABC Kids Expo in Las Vegas, the largest domestic trade show for the infant and juvenile industry. Inspired by the needs of today's parents, each of Kid Brands' businesses unveiled extensive new product lines for 2011.

Bruce G. Crain, Chief Executive Officer and President, commented, "Our new product introductions at the 2010 ABC Kids Expo, as well as our participation in the recent 2010 Kind + Jugend international trade show in Cologne, Germany, demonstrate our continued ability to lead the infant and juvenile industry in design-led, stylish and functional products under both our own proprietary brands and several iconic licensed brands. In addition to many compelling new products in our core categories, we continue to respond to and address the needs of today's parents by expanding into several innovative product categories, increasing the age range of our addressable market with several new toddler offerings and diversifying our distribution channels, all of which we believe will help drive continued growth. We are also delighted that JPMA honored Sassy by presenting it with a 2010 Innovation Award. This achievement is a testament to the reemergence of Sassy as an industry leader, and to the commitment of each of our product development and design teams to growth through branded innovation, fashion and usefulness."

Among its many new product introductions, Kid Brands highlighted the following:

Kids Line® 

In addition to a new logo and Grow Together™ brand identity that will be used across all Kids Line-branded offerings, Kids Line unveiled several new product categories, including: a full line of proprietary Baby Chef™ kitchen appliances; licensed MasterChef Junior™ cooking products for aspiring young foodies, based on the popular Fox Television show; and a new line of Kids Line-branded fashionable, mid-market diaper bags, including a line of bags for dads. In addition, Kids Line significantly enhanced its core Kids Line-branded bedding and accessory collections, which includes new baby nursery lighting, humidifiers and air purifiers, and also introduced expanded Disney® and Carter's® licensed bedding collections.

LaJobi® 

LaJobi launched an exclusive line of infant furniture collections under a new exclusive licensed brand, kathy ireland Baby®, which is designed to grow with baby and is intended to facilitate LaJobi's growth into the adult retail furniture channel. LaJobi also unveiled a glider chair with a patent-pending "nursing step" ottoman, expanded new offerings of LaJobi's own Bonavita® and Europa Baby® lines of infant furniture, as well as new collections of licensed furniture and mattresses under the Graco® and Serta® brands.

Sassy® 

Sassy was awarded one of only 10 prestigious Innovation Awards from the Juvenile Products Manufacturers Association (JPMA) at the 2010 ABC Kids Expo for its new, patent-pending Stay-Clean™ Silly Squirts™, which offer all the fun of traditional squirting toys, but with an added benefit: they snap apart to allow dishwasher-safe cleaning to prevent the growth of mold. Sassy also unveiled a complete array of innovative new developmental toys designed to address the Millennial Mom's fashion sensibility and desire to make life easier, including a new rock-and-roll themed play mat that sets up in seconds, and a new family of spoons and forks with built in, BPA-free, temperature sensing materials that change color when food is too hot for baby.

CoCaLo®

In addition to many new fashion-driven nursery collections and expansion of existing collections under its own CoCaLo Baby® and CoCaLo Couture® brands, CoCaLo launched several new product categories, including: a line of Spa products designed to bring style and to meet parents' needs at bath time, including soft hooded towels and wraps, infant bath robes and adult bath aprons; and a new line of fashionable and functional CoCaLo Couture diaper bags. CoCaLo also continued its expansion into juvenile bedding and décor with several new collections under its CoCaLo Kids™ brand.

Kid Brands, Inc.

Kid Brands, Inc. and its subsidiaries are leaders in the design, development and distribution of infant and juvenile branded products. Its design-led products are primarily distributed through mass market, baby super stores, specialty, food, drug, independent and e-commerce retailers worldwide. 

The Company's operating business is composed of four wholly-owned subsidiaries: Kids Line, LLC; LaJobi, Inc; Sassy, Inc.; and CoCaLo, Inc. Through these subsidiaries, the Company designs and markets branded infant and juvenile products in a number of complementary categories including, among others: infant bedding and related nursery accessories and décor, kitchen and nursery appliances and cooking products, and diaper bags (Kids Line® and CoCaLo®); nursery furniture and related products (LaJobi®); and developmental toys and feeding, bath and baby care items with features that address the various stages of an infant's early years (Sassy®). In addition to the Company's branded products, the Company also markets certain categories of products under various licenses, including Carter's®, Disney®, Graco® and Serta®. Additional information about the Company is available at www.kidbrandsinc.com.

Note: This press release contains certain forward-looking statements. Additional written and oral forward-looking statements may be made by the Company from time to time in Securities and Exchange Commission (SEC) filings and otherwise. The Private Securities Litigation Reform Act of 1995 provides a safe-harbor for forward-looking statements. These statements may be identified by the use of forward-looking words or phrases including, but not limited to, "anticipate", "believe", "expect", "project", "intend", "may", "planned", "potential", "should", "will" or "would". The Company cautions readers that results predicted by forward-looking statements, including, without limitation, those relating to the Company's future business prospects, revenues, working capital, liquidity, capital needs, order backlog, interest costs and income are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements. Specific risks and uncertainties include, but are not limited to those set forth under Item 1A, "Risk Factors", of the Company's most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q filed with the SEC. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.

Contact Information

  • AT THE COMPANY
    Marc S. Goldfarb
    Senior Vice President & General Counsel
    201-405-2454

    AT FINANCIAL DYNAMICS
    Erica Pettit / Leigh Parrish
    General Information
    212-850-5600