brand and has at least US$500 million in both assets and liabilities, according to the filing.
However, the cooker’s appeal faded as other kitchen gadgets, such as the air fryer, gained steam. Sales of “electronic multicooker devices,” most of which are Instant Pots, reached US$758 million in 2020, the start of the COVID-19 pandemic, but plunged 50 per cent by last year, to US$344 million. Meanwhile, unit sales declined 20 per cent last year in the period ending in April, according to the market research company NPD Group.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
The company that makes the Instant Pot and Pyrex cookware is filing for bankruptcy | CBC NewsThe company that makes kitchen staples like CorningWare, Pyrex and the Instant Pot has entered bankruptcy proceedings in the U.S. and Canada.
Källa: CBCNews - 🏆 2. / 99 Läs mer »
Japan entertainment company launches probe into sexual abuse allegations against founderAn investigation by a major Japanese talent agency into sexual abuse allegations against its founder won't address monetary or criminality questions but rather aims to prevent such cases in the future, the lead investigator said Monday.
Källa: CTVNews - 🏆 1. / 99 Läs mer »
Thousands of Reddit communities go dark to protest company's controversial new policyThousands of Reddit forums are going dark Monday in one of the largest user-driven protests ever to hit the social media platform.
Källa: CTVNews - 🏆 1. / 99 Läs mer »
Japan entertainment company launches probe into sexual abuse allegations against founderAn investigation by a major Japanese talent agency into sexual abuse allegations against its founder won’t address monetary or criminality questions but rather aims to prevent such cases in the future, the lead investigator said Monday.
Källa: CP24 - 🏆 30. / 67 Läs mer »