Kohl's Brings the Exclusive Food Network Brand to Kitchens Nationwide
Posted on: Wednesday, 27 September 2006, 09:00 CDT
Kohl's Corporation (NYSE:KSS) and Food Network
today announced an exclusive licensing relationship to develop a Food
Network-branded line of home goods, including cookware, dinnerware,
kitchen gadgets, cutlery, pantryware and food storage, kitchen electrics
and table linens. Continuing its strategy of bringing innovative and
exclusive brands to its customers, Kohl's will
carry the line at Kohl's stores nationwide and
at Kohls.com, beginning in the fall of 2007.
The newly created relationship marks the first national home merchandise
launch for Scripps Networks, Inc. -- the parent
company of Food Network, HGTV, DIY Network, GAC and Fine Living
television networks, and is a subsidiary of The E.W. Scripps Company
(NYSE: SSP). In addition to offering new merchandise, Kohl's
and Food Network will fully integrate marketing opportunities with Food
Network programming and celebrity chefs.
"The Food Network brand is synonymous with
excellence, variety and excitement," said
Kevin Mansell, president of Kohl's
Corporation. "This exclusive, new partnership
blends the Food Network entertainment that consumers love with world
class brands they expect from a trusted national retailer like Kohl's.
This is yet another way Kohl's continues to
deliver on our mission of brands, value and convenience while further
differentiating in the marketplace."
"We are thrilled to bring the strength of
Food Network into this new arena and believe that our relationship with
Kohl's will extend our brand into the marketplace in an exciting new way,"
said Brooke Johnson, president of Food Network. The development of a
housewares line will enable us to reach new consumers as well as the
passionate and loyal viewers of Food Network."
Food Network has become one of the fastest growing networks among cable
and satellite subscribers over the past five years and is currently
available in 90 million homes across the country.
"One of the most watched television networks
in the nation, Food Network will be giving our viewers and Kohl's
customers' exclusive access to products that
will bring the Food Network experience to life in their own kitchens,"
said John Lansing, president of Scripps Networks. "As
we execute our strategy to extend our cable television brands into the
retail sector, Kohl's national consumer reach
and aggressive growth strategy make them the ideal partner."
United Media, the licensing subsidiary of The E.W. Scripps Company,
assisted Food Network in the early phase of negotiations with Kohl's.
About Kohl's
Based in Menomonee Falls, Wis., Kohl's is a
family-focused, value-oriented specialty department store offering
moderately priced, exclusive and national brand apparel, shoes,
accessories, beauty and home products in an exciting shopping
environment. By the end of 2006, Kohl's will
operate 817 stores in 45 states. For a list of store locations and
information, or for the added convenience of shopping online, visit Kohl's
Web site at www.kohls.com. In addition, Kohl's
recently launched transformationnation.com, allowing customers to view
the latest fall fashion essentials, interact with a virtual wardrobe
planner, and stay up-to-date on fashion trends from industry experts.
About Food Network
FOOD NETWORK (www.foodnetwork.com) is
a unique lifestyle network and Web site that strives to be way more than
cooking. The network is committed to exploring new and different ways to
approach food - through pop culture, competition, adventure, and travel
- while also expanding its repertoire of technique-based information.
Food Network is distributed to 90 million U.S. households and averages
more than seven million Web site users monthly. With headquarters in New
York City and offices in Atlanta, Los Angeles, Chicago, Detroit and
Knoxville, Food Network can be seen internationally in Canada,
Australia, Korea, Thailand, Singapore, the Philippines, Monaco, Andorra,
Africa, France, and the French-speaking territories in the Caribbean and
Polynesia. Food Network is one of five popular lifestyle networks
operated by Scripps Networks, a division of The E.W. Scripps Company,
which also owns and operates HGTV (www.hgtv.com),
DIY Network (www.diynetwork.com) FINE
LIVING (www.fineliving.com), and Great
American Country (www.gactv.com).
Source: Business Wire
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