TIDMUPGS
UP Global Sourcing Holdings PLC
20 September 2021
20 September 2021
UP Global Sourcing Holdings plc
"Ultimate Products" or "the Group"
LAUNCHING "PROGRESS BY WW"
A license brand endorsement with WW (formerly known as Weight
Watchers)
for Ultimate Products' kitchenware brand, Progress
Ultimate Products, the owner, manager, designer and developer of
an extensive range of value-focused consumer goods brands, is
delighted to announce that its kitchenware brand, Progress, has
signed a license brand endorsement with WW, formerly known as
Weight Watchers.
The endorsement will see Progress and WW collaborate to develop
and promote value-for-money products that can help to prepare and
cook nutritious and healthy foods. A range of "Progress by WW"
products will be launched across the Small Domestic Appliances and
Cookware
categories. These will include air fryers, health grills, soup
makers, nut milk makers, slow cookers, blenders, food processors,
food steamers, chopping boards, knives, utensils, and kitchen
gadgets.
"Progress by WW" products will be sold through Ultimate
Products' established channels of retailers, supermarkets, online
platforms and discounters, and will also be available to WW members
through the WW website.
"Progress by WW" will also be part of Ultimate Products' wider
"Buy me & plant a tree" initiative, whereby Ultimate Products
matches purchases of its products with newly planted trees.
Progress is a British heritage brand that has been bringing
cookware and kitchen products to market since 1931. It was acquired
by Ultimate Products in 2015 and relaunched in 2016. Its customers
include Tesco, Argos and Amazon.
Formerly known as Weight Watchers, WW offers a scientifically
proven programme for weight loss and wellness, with digital,
in-person and virtual workshops, and personal coaching solutions to
help meet people's goals.
Simon Showman, Chief Executive of Ultimate Products, said:
"We are thrilled to be partnering with a brand of WW's global
renown, heritage and standing. Their endorsement of the historic
Progress brand is a fantastic seal of approval, and we are
delighted that "Progress by WW" will help to inspire people to
choose a healthier lifestyle. By buying one of these products,
customers will also be playing their part in creating a more
sustainable, greener and cleaner future thanks to our innovative
new "Buy me & plant a tree" initiative."
Anna Hill, GM of WW UK, said:
"At WW, we want to make it as easy as possible for people to
follow a healthy lifestyle. Meal planning, food preparation and
cooking at home are a big part of that, so we're delighted to have
launched Progress by WW with Ultimate Products. We hope this wide
range of WW licensed products will help inspire people on their
wellness journeys and we look forward to seeing the range on
supermarket shelves and online."
For more information, please contact:
Ultimate Products +44 (0) 161 627 1400
Simon Showman, CEO
Andrew Gossage, Managing Director
Graham Screawn, Finance Director
Powerscourt +44 (0) 207 250 1446
Rob Greening
Sam Austrums
Notes to Editors
About Ultimate Products
Ultimate Products is an owner, manager, designer and developer
of a series of well-known brands focused on the home, selling to
over 300 retailers across 37 countries. It has six product
categories: Audio; Heating and Cooling; Housewares; Laundry;
Luggage; and Small Domestic Appliances. Its brands include Beldray
(laundry, floor care, heating and cooling), Intempo (audio), Salter
(kitchenware), Constellation (luggage), and Progress (cookware and
bakeware).
The Group's products are sold to a broad cross-section of both
large national and international multi-channel retailers as well as
smaller national retail chains, incorporating discount retailers,
supermarkets, general retailers and online retailers. Its
best-selling products include frying pans, mugs and speakers,
selling approximately one million of each every year.
Founded in 1997, Ultimate Products is headquartered in Oldham,
Greater Manchester, where it has design, sales, marketing, buying,
quality assurance, support functions and warehouse facilities
across two sites. Manor Mill, the Group's head office, includes a
spectacular 20,000 sq ft showroom that showcases each of its
brands. In addition, the Group has an office and showroom in
Guangzhou, China and in Cologne, Germany.
Ultimate Products' graduate development scheme was launched in
2012 and in 2020 it welcomed its 300th graduate. In total, Ultimate
Products now employs over 300 staff.
Please note that Ultimate Products is not the owner of Russell
Hobbs. The company currently has licence agreements in place
granting it an exclusive licence to use the "Russell Hobbs"
trademark for cookware (NB this does not include Russell Hobbs
electrical appliances).
For further information, please visit www.upgs.com
About WW
WW - Weight Watchers Reimagined - is a global wellness company
and the world's leading commercial weight management program. We
inspire millions of people to adopt healthy habits for real life.
Through our engaging digital experience and face-to-face group
workshops, members follow our liveable and sustainable program that
encompasses healthy eating, physical activity, and a helpful
mindset. With more than five decades of experience in building
communities and our deep expertise in behavioural science, we aim
to deliver wellness for all. To learn more about the WW approach to
healthy living, please visit ww.com. For more information about our
global business, visit our corporate website at
corporate.ww.com.
This information is provided by Reach, the non-regulatory press
release distribution service of RNS, part of the London Stock
Exchange. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
Reach is a non-regulatory news service. By using this service an
issuer is confirming that the information contained within this
announcement is of a non-regulatory nature. Reach announcements are
identified with an orange label and the word "Reach" in the source
column of the News Explorer pages of London Stock Exchange's
website so that they are distinguished from the RNS UK regulatory
service. Other vendors subscribing for Reach press releases may use
a different method to distinguish Reach announcements from UK
regulatory news.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
NRAUKVRRAWUKAAR
(END) Dow Jones Newswires
September 20, 2021 02:00 ET (06:00 GMT)
Ultimate Products (LSE:ULTP)
Historical Stock Chart
From Apr 2024 to May 2024
Ultimate Products (LSE:ULTP)
Historical Stock Chart
From May 2023 to May 2024