The Container Store Announces Global Licensing Partnership With Vacane Household Commodities Co., Ltd.
20 November 2024 - 4:39AM
Business Wire
Expanding upon the success of the Everything
Organizer™ collection in the United States, the expansion allows
the product to be offered internationally
The Container Store (NYSE: TCS), the nation’s leading retailer
of organizing solutions, custom spaces, and in-home services, is
expanding its customer favorite Everything Organizer™ collection
internationally through a partnership with Vacane Household
Commodities, the strategic partner manufacturing this collection.
This marks the first licensing of The Container Store brand
internationally.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20241119057960/en/
Additional imagery of the product can be
seen here: https://bit.ly/3AOIuKw (Photo: Business Wire)
Exclusive to The Container Store, the Everything Organizer
collection was developed with professional organizers to maximize
any space and act as the perfect complement to any of The Container
Store’s exclusive Elfa™ space solutions. Modular and stackable, the
Everything Organizer is made of PET plastic to be lightweight,
durable and crystal clear. Beginning in January, the Everything
Organizer collection will include new SKUs within kitchen, closet
and an introduction into the bath category. Internationally, the
collection will be branded The Container Store x Vacane.
“We are thrilled to bring the Everything Organizer to customers
internationally with Vacane. We continue to expand our Everything
Organizer collection in our stores and online with an expanded
assortment in January, making this the ideal time to partner with
Vacane outside of The United States,” said Satish Malhotra, CEO and
President of The Container Store.
Recognized as an innovator in the housewares sector, Vacane has
forged key retail partnerships across the Pacific Rim, Middle East,
Europe, and South America. With a wide range of branded and private
label products, Vacane continues to drive growth and introduce new
ideas in markets worldwide.
“We are honored to partner with The Container Store, a retailer
that sets the standard for storage and organization in the United
States. Vacane is committed to delivering the finest products
designed to inspire and empower customers to create organized,
functional environments and we’re eager to continue growing this
fantastic partnership," said Leo Hu, Owner and CEO of Vacane.
The Container Store began working with Vacane in 2018, and the
relationship has expanded from eight drawer organizer products to
soon include nearly 170 products to organize any space. Beginning
in January 2025, The Container Store x Vacane partnership will
target expansion into the Pacific Rim, Middle East, broader Europe,
and Canada.
About The Container
Store
Founded in 1978, The Container Store Group, Inc. (NYSE: TCS) is
the nation’s only retailer with a solution-oriented offering of
custom spaces, organizing solutions, and in-home services, designed
to transform lives through the power of organization. With more
than 100 locations nationwide and a flagship online store, the
retailer offers an exclusive portfolio of custom space lines that
can be designed for any area of the home, and more than 10,000
products to complete any space.
Visit www.containerstore.com for more information about
complementary Custom Spaces in-home or in-store design, in-home
organizing, products, store locations, trade program, and business
to business opportunities.
Follow The Container Store on Facebook, X, Instagram, TikTok,
YouTube, Pinterest and LinkedIn.
About Vacane Household Commodities,
Co., Ltd.
Founded in 2006 in Ningbo, China, Vacane, along with its U.S.
subsidiary, Vacane Home Concepts, Inc., has grown into a respected
name in plastic injection molding. The Vacane lifestyle brand was
introduced in 2017, expanding the company’s reach with innovative
proprietary designs. Noted for its fully integrated production
process—including design, tooling, and manufacturing—Vacane
delivers award-winning houseware products to markets worldwide.
With recent manufacturing expansions into Vietnam, the company
is set to open its first U.S. production facility in Salisbury,
North Carolina, with operations to begin in January 2025.
For more information on Vacane’s products and production
capabilities, please contact info@vacane-home.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20241119057960/en/
Investors: ICR, Inc. Farah Soi/Caitlin Churchill
203-682-8200 Farah.Soi@icrinc.com Caitlin.Churchill@icrinc.com or
Media: The Container Store Group, Inc.
publicrelations@containerstore.com
Container Store (NYSE:TCS)
Historical Stock Chart
From Nov 2024 to Dec 2024
Container Store (NYSE:TCS)
Historical Stock Chart
From Dec 2023 to Dec 2024