No Recession at OXO

OXO's housewares have been selling well during the downturn. Now, the company is moving into office supplies and products for babies and toddlers

BusinessWeek, September 21, 2009 — OXO's kitchen and household products are winners with consumers, from its rubber-gripped potato peelers to its no-leak travel cups. The eye-catching designs have been featured in museum exhibitions and, despite premium prices, have continued selling well during the recession. OXO's parent company, Helen of Troy (HELE), reported an 11% bump in revenue from housewares in its spring quarter.

Having exhausted much of its original market, OXO is now branching out to office supplies, medical devices, and baby products.