Conair Corporation

Conair Corporation is an American company based in Stamford, Connecticut which sells small appliances, personal care products, and health and beauty products for both professionals and consumers. It was founded in 1959 and has since expanded to include several divisions.

This article is about the company. For other uses, see Conair (disambiguation).
Conair Corporation
TypePrivate
IndustryConsumer goods
Founded1959 (1959)
FoundersJulian Rizzuto, Leandro Rizzuto
HeadquartersStamford, Connecticut, USA
Key people
Ronald T. Diamond (President)
ProductsHair care appliances, tools and accessories, personal care, travel accessories, small consumer and commercial kitchen appliances, cookware, tools, etc.
BrandsConair, BabylissPRO, Scunci, Cuisinart, Waring, Allegro, Interplak, TravelSmart, Conair Hospitality, ConairPRO Pet
Revenue US$ 2.11 billion (2016)[1]
Number of employees
3,571 (2016)[1]
SubsidiariesBabyliss SARL
Websitewww.conair.com

History

Founded in 1959 in a garage in Queens, New York,[2] Conair started out by selling hair rollers and then hair dryers. It continued to expand, and became a public company in 1972, but then went private again after a leveraged buyout in 1985.[3] It was owned by the co-founder and chairman Leandro Rizzuto until his death in 2017.

Conair is one of the largest producers of hair care appliances, ranging from hair dryers and styling irons to its innovative hair curlers, Curl Secret and Miracurl Stylers. The company also manufactures a wide range of home kitchen appliances under its brands Cuisinart and Waring.

In 2002 Rizzuto pleaded guilty to tax evasion associated with his tenure as Chief Executive Officer of Conair, and was sentenced to a prison term of 20 to 37 months.[4]

Conair acquired Cuisinart in 1989, Waring Products in 1998, and bag manufacturer Allegro in 2007.[5] Pollenex was acquired after Jarden acquired Holmes in 2005, and it was rebranded as Conair Home in 2013.

In 2019, Transom Capital Group announced it has acquired Conair Corporation's professional liquids division, which will be renamed to Beauty Quest Group.[6]

Brands

Representative brands by division include:

Conair Personal Care
  • Conair
  • InfinitiPro by Conair
  • ConairMan
  • True Glow
  • Interplak
  • Travel Smart
  • ExtremeSteam
  • Weight Watchers by Conair
  • The Knot Dr. by Conair

Hair and Beauty Accessories

Professional Products

Cuisinart
  • Cuisinart
  • Griddler
  • AirFryer
  • Cuisinart Elite
  • Cuisinart Advantage
  • Chef's Classic
  • Green Gourmet

Waring Commercial Products

Conair Hospitality
  • Stay by Cuisinart
  • Luna by Conair

Cuisinart Resort and Spa

CuisinArt Resort and Spa' is a five-star resort hotel in Rendezvous Beach, Anguilla. The resort is inspired by the Greek island of Mykonos.[7] It contains wicker furniture and Haitian paintings on the walls.[7] The formal evening restaurant of the hotel is Santorini and the informal Meditarraneo bar is by the pool. Its Venus Spa contains 16 treatment rooms and a heated Thalasso pool of seawater. The resort contains a notable hydroponic farm which is said to offer an opportunity for excellent practical training for students completing their degree or technical diploma program.[8] It contains greenhouses covering some 18,000 square feet, manufactured by Agra Tech, Inc and two ponds which are used to grow bibb lettuce.[8]

Subsidiaries

Conair sells products in over 100 countries and has offices and subsidiaries in over 12 countries including Babyliss SARL in Paris, France.

References
  1. "Conair: improving work order collaboration to reduce cost". SAP. Archived from the original on 2014-07-27. Retrieved 2013-04-14.
  2. Elissa Gootman (2002-04-03). "Conair Founder and Executive Pleads Guilty to Tax Evasion in Federal Court". New York Times. Retrieved 2013-04-14.
  3. "Leandro Rizzuto". Forbes. March 2013. Retrieved 2013-04-14.
  4. Rosemary Schlank (2002-09-23). "Ex-CEO Gets Jail Time For Corporate Kickback Scheme". Accounting Web. Retrieved 2013-04-14.
  5. "Conair Corporation Acquires Allegro Manufacturing, Inc". Appliance Magazine. 2007-09-19. Retrieved 2013-04-14.
  6. "Transom Capital Group Acquires Liquids Division from Conair Corporation | Markets Insider". markets.businessinsider.com. 2019-07-09. Retrieved 2020-02-17.
  7. Flippin, Alexis Lipsitz (23 November 2010). Frommer's Portable St. Maarten / St. Martin, Anguilla and St. Barts. Frommer's. p. 127. ISBN 978-0-470-63099-0. Retrieved 20 March 2011.
  8. New Moon Publishing; Incorporated; Growing Edge (1 October 2005). Growing Edge International the Best Of. New Moon Publishing, Inc. p. 250. ISBN 978-0-944557-05-1. Retrieved 6 April 2011.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.