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Helen of Troy

#7506

Rank

$380M

Marketcap

US United States

Country

Helen of Troy
Leadership team

Ms. Noel Geoffroy (Chief Operating Officer)

Mr. Julien R. Mininberg (CEO & Director)

Mr. Matthew J. Osberg (Chief Financial Officer)

Products/ Services
Consumer Goods, Manufacturing, Retail, Shopping
Number of Employees
1,000 - 20,000
Headquarters
El Paso, Texas, United States
Established
1968
Company Registration
SEC CIK number: 0000916789
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
HELE
Social Media
Overview
Location
Summary
Helen of Troy Limited provides various consumer products in the United States, Canada, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates through three segments: Home & Outdoor, Health & Wellness, and Beauty. The Home & Outdoor segment offers food preparation tools and gadgets, storage containers, and organization products; coffee makers, grinders, manual pour overs, and tea kettles; household cleaning products, shower organization, and bathroom accessories; feeding and drinking products, child seating products, cleaning tools, and nursery accessories; insulated water bottles, hydration packs, drinkware, mugs, food containers, lunch containers, insulated totes, soft coolers, and accessories; and technical and outdoor sports packs, travel packs, luggage, daypacks, and everyday packs. The Health & Wellness segment provides thermometers, blood pressure monitors, pulse oximeters, nasal aspirators, and humidifiers; faucet mount water-filtration systems and pitcher-based water filtration systems; and air purifiers, heaters, fans, and humidifiers. The Beauty segment offers grooming brushes, tools, and decorative hair accessories; and shampoos, liquid hair styling, and treatment and conditioning products, as well as hair appliances. The company sells its products through mass merchandisers, drugstore chains, warehouse clubs, home improvement stores, grocery and specialty stores, beauty supply and e-commerce retailers, wholesalers, and various types of distributors, as well as directly to consumers under the OXO, Good Grips, Hydro Flask, Soft Works, OXO tot, OXO Brew, OXO Strive, OXO Outdoor, Osprey, PUR, Honeywell, Braun, Vicks, Drybar, Hot Tools, Revlon, and Bed Head brands. Helen of Troy Limited was incorporated in 1968 and is headquartered in El Paso, Texas.
History

Helen of Troy Limited began as a wig store in Downtown El Paso in 1968 and expanded into the hair appliance business in 1975 by supplying hair salons with hair dryers and curling irons. In 1980, the son of the company's founder Louis Rubin, Jerry Rubin, entered into a successful licensing agreement with Vidal Sassoon. Since then, the company's growth has come through years of acquiring rights to use well-known global brands in the health and home, housewares, beauty and nutritional supplements categories, or by acquiring brands and companies outright. Those transactions have made Helen of Troy a force in the personal-care products market.

The company underwent a notable tax inversion when it reorganized into a Bermuda company in 1993. This inversion prompted new federal legislation tightening the rules on inversion, which are colloquially known as the "Helen of Troy Rules."In June 2004, the company paid $273.2 million for OXO International, a New York designer and maker of household tools. In January 2011, the company announced it has completed the acquisition of Kaz, Inc. for $271.5 million. Kaz provides consumer products serving health care and home environment needs including body thermometers, humidifiers, fans, and other products primarily under the Vicks, Braun and Honeywell brands, as well as products under owned brands like Stinger, Softheat, and Kaz. In January 2012, Kaz acquired the PUR water purification products business from The Procter & Gamble Company.In 2014, the company implemented its succession plan, with Jerry Rubin stepping down as CEO, and the appointment of Julien R. Mininberg as chief executive officer, effective March 1, 2014. Mr. Mininberg had served as chief executive officer and president of Helen of Troy's Healthcare/Home Environment segment.In March 2016, the company acquired Steel Technologies, LLC, which does business under the brand name Hydro Flask, for approximately $210 million in cash, subject to certain customary closing adjustments.In December 2021, the company bought Osprey Packs, INC for $414 Million.

Mission
At Helen of Troy, we seek out and build world-class brands, including: OXO®, Hydro Flask®, Vicks®, Braun®, Honeywell®, PUR®, Hot Tools®. Their meaningful positions and outstanding products elevate people’s lives everywhere, every day. We work together as a close-knit family of brands to create and deliver leading consumer products marketed in approximately 75 countries.
Vision
We are proudly powered by our exceptional people, who feel and act like passionate owners. Every day, their experience and skills build superb businesses and create best-in-class capabilities in every corner of our company. We cultivate careers and celebrate our shared success as we create long-term sustainable value together.
Key Team

Harish Ramani (Chief Information Officer)

Anne Rakunas (Director of External Communications)

Ms. Tessa Judge (Chief Legal Officer)

Jack Jancin (Sr. VP of Corp. Bus. Devel.)

Lisa Kidd (Sr. VP & Chief People Officer)

Larry Witt (Pres of Home & Outdoor)

Jay Caron (Chief Supply Chain Officer)

Recognition and Awards
Helen of Troy has been recognized by the rankings of Fortune’s Most Admired Companies and Forbes’ Most Innovative Growth Companies for the past three years.
References

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Helen of Troy
Leadership team

Ms. Noel Geoffroy (Chief Operating Officer)

Mr. Julien R. Mininberg (CEO & Director)

Mr. Matthew J. Osberg (Chief Financial Officer)

Products/ Services
Consumer Goods, Manufacturing, Retail, Shopping
Number of Employees
1,000 - 20,000
Headquarters
El Paso, Texas, United States
Established
1968
Company Registration
SEC CIK number: 0000916789
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
HELE
Social Media