Mark Rosenzweig

Via Financial Post April 17, 2018 HAMPTON, ONT. — Garry Burns has a toothy grin, an easy manner and a raft of stories he could tell a listener about Wayne Conrad, his childhood friend and present employer at Omachron Group, a research and development outfit based in a tiny village 75 minutes northeast of Toronto. But picking just one isn’t easy, Burns says, since Conrad isn’t like anybody else he knows. Conrad, he adds, certainly wasn’t like any of the other students at Anderson Collegiate Vocational Institute in Whitby, Ont., who were knocking their heads against the wall to maintain C-pluses in the ’70s while not doing a ton of thinking about what they might do when they actually grew up. Conrad was always thinking. “Wayne was the same crazy scientist back then that he is today,” Burns said. “If we wanted to know something, well, we didn’t have Google, but we had Wayne. We could ask him anything and he would have an answer for it, and I can’t really ever remember him ...

Via Forbes, 29th Dec, 2014  Britain’s Dyson knows a thing or two about innovation and shaking up tired consumer products. But over the past year it has lost its leadership of the US vacuum cleaners market, the largest in the world. Euro-Pro, a 100-year old company that had a mere 1 per cent share of vacuum cleaner sales in 2008, now controls more than 20 per cent of the US market. Over the past seven years, its Shark vacuum cleaners and Ninja blenders and food processors, all manufactured in China, have increased sales at a compound annual growth rate of 25 per cent, enabling the firm to triple its workforce from 250 to 800 employees. This growth has been aided by an aggressive push on television shopping channels, with $130m spent on TV advertising last year. But the company has doubled revenues from $800 million to more than $1.6 billion and usurped Dyson as leader of the US vacuum cleaner market since bringing in consultants Gap International two years ...

Via Pymnts Jan19, 2019 In the U.S., SharkNinja has become a well known commodity in a fairly short amount of time. The privately-held appliances brand sells vacuum cleaners under the Shark logo, while its line of food processors, coffee makers, pressure cookers and blenders are sold under the Ninja branding. In the United States, Shark vacuums run the market — it’s the top selling upright brand and owns 35 percent of the market. Not bad for a firm that in 2010 controlled only 1 percent of the market. But SharkNinja is older than it appears. The firm’s first name was EuroPro, and Chief Executive  Mark Rosenzweig  is the third generation of his family to lead the firm, which formally rebranded as SharkNinja in 2015. In 2008, the firm began its development path toward its current iteration, product-wise, with Rosenzweig’s decision to hit reset on the brand’s merchandise lineup — and a focus on eliminating “opening price products” from its offering. Instead of offering...

Mark Rosenzweig, CEO of SharkNinja , said: “Coffeehouses are known for having an endless selection, but current at-home brewers haven’t given users the vast variety of choice we thought possible, and certainly not all in one product.” September 28, 2018 : SharkNinja has launched a new coffee machine under its Ninja brand which is able to create a variety of hot and cold drinks, including cold brew coffee in ten minutes. Called the Ninja Hot & Cold Brewed System, the product features automated brewing technology which “knows the precise temperatures, correct bloom times, and proper levels of saturation” for each beverage combination. The product allows users to create iced coffee and tea, frothy specialty drinks and rich-strength brews. Five tea types are available: herbal, black, oolong, white and green. SharkNinja said that while other cold brew machines on the market require up to 24 hours for steeping, its new brewer uses a lower-temperature brewing process to crea...