Euro-Pro Continues to Add to List of Prestigious Awards and Accolades

Creator of Popular Shark® and Ninja® Brands Again Recognized as Business and Industry Leader

NEWTON, Mass.--()--Euro-Pro, a Boston-based developer and marketer of innovative, high quality consumer products for the home and creator of the familiar Shark® and Ninja® brands, has added to its list of recent accolades by being named 2010 Supplier of the Year by one of its largest customers.

At its annual meeting with suppliers, which brings together more than 2,000 suppliers from across the world, Euro-Pro was named 2010 Walmart Supplier of the Year for Softlines. From the attendees, a vendor was honored in each of four categories across Walmart’s entire business.

“Euro-Pro was selected as Supplier of the Year for the combined Home and Apparel segments that make up Walmart’s Softlines business. This prestigious award reaches far beyond our leadership in the floorcare business with Shark-branded steam mops and vacuum cleaners, and even over and above the entire range of Home products where Euro-Pro was selected Supplier of the Year the past two consecutive years,” says Mark Barrocas, President of Euro-Pro, who accepted the award on behalf of everyone at the company. “This honor is recognition of our commitment to our retail partnerships and will serve as further inspiration to the talented Euro-Pro employees who work hard to create and deliver quality products that truly delight consumers and that result in increased sales for our retail customers.”

This award is yet another honor to add to those already earned by Euro-Pro in the past several months, including being nominated for Marketer of The Year by the Direct Response Marketing Association, being awarded the 2010 People’s Choice Award for the Shark® Navigator™ vacuum infomercial at the Electronic Retailing Association’s Moxie Awards, and being named to Inc. magazine’s Inc. 5000 list of the fastest-growing private companies in America again in 2010 after also being included in 2009.

Having driven dramatic sales growth, both for the company and for retail customers in recent years, Euro-Pro has established itself as a dynamic and respected leader in the housewares industry. With company revenue increasing by 164% from just over $270MM in fiscal 2007 to nearly $720MM in fiscal 2011, the company is poised to continue its aggressive pace, spurred by the recent launch of several inventive new products, including the Ninja® Professional Blender – a blender with the power to crush, blend, and puree to perfection, but at a price that’s easy to swallow, and the Shark® Press & Refresh™ Garment Care System – a new way to bring fabrics back to life by combining the best aspects of garment steamers and irons in one unique portable unit.

In yet another recognition, both the Ninja Professional Blender and the Shark Press & Refresh Garment Care System were selected as finalists for the 2011 Housewares Design Awards leading up to the 2011 International Home + Housewares Show held March 6-8th in Chicago. These awards, presented by HomeWorld Business with support from the International Housewares Association, recognize design and innovation leaders in the housewares industry.

“When asked how Euro-Pro has been able to grow so rapidly, I tell people the secret to our success is our single-minded dedication to staying on the cutting edge of product development and creating solutions that anticipate consumers’ needs. While many of our innovations leverage the company’s heritage and leadership in steam as a safe, all-natural way to do everything from clean your floors to care for your garments, many of our exciting new product launches this year are vacuums and small kitchen appliances. Our introductions in these categories are driving new growth for Euro-Pro and for our retailers,” says Mark Rosenzweig, CEO of Euro-Pro. “We are pleased and proud to be recognized alongside successful, established companies who share a similar commitment to retail partnerships and to product development, and have found ways to increase sales during tough economic times.”

About Euro-Pro

Euro-Pro, an innovative leader in the housewares industry, creates products that make consumers’ lives easier and markets them under the Euro-Pro, Shark, Ninja, and Bravetti brand names. Euro-Pro provides the latest in easy-to-use technology with a growing line of products that consists of corded and cordless vacuums, steam mops and cleaners, irons and garment steamers, and a variety of small kitchen appliances. All Euro-Pro products are designed to fulfill multiple consumer needs, eliminating the need for extra appliances that add clutter to a home. Products marketed under the Shark, Euro-Pro, Ninja, and Bravetti brand names are sold at major retailers throughout the U.S. and Canada. Learn more about Shark and Ninja products at www.SharkClean.com and www.NinjaKitchen.com.

Contacts

for Euro-Pro
Caroline Sherman, 312-245-9805 Ext. 110
Caroline@alpaytac.com

Contacts

for Euro-Pro
Caroline Sherman, 312-245-9805 Ext. 110
Caroline@alpaytac.com