- Source: Pampered Chef
Pampered Chef is a multinational multi-level marketing company that offers a line of kitchen tools, food products, and cookbooks for preparing food in the home.
It has a worldwide direct sales force of about 35,000 in addition to 400 corporate staff. The company is headquartered in Addison, Illinois, and operates in five countries: the United States, Germany, Canada, Austria, and France.
History
Doris Christopher founded Pampered Chef in 1980 in the basement of her suburban Chicago home. Christopher came up with a party plan to offer kitchen tools directly to consumers through in-home cooking demonstrations, a concept first popularized by Tupperware. The company expanded to Canada in 1996, the UK in 1999, Germany in 2000, Austria in 2019, and France in 2020.
The company was acquired in 2002 by Warren Buffett's Berkshire Hathaway corporation. On October 30, 2014, Berkshire Hathaway appointed long time advisor Tracy Britt Cool to the position of CEO. According to Direct Selling News, "the company’s revenue has fallen from $320 million in 2015 to $280 million in 2018." In March 2020, the company's COO, Andrew Treanor, took over on the role of CEO.
The company closed its UK business, and wound down UK operations as of December 31, 2015.
Products
In 1990, Pampered Chef released a product known as the Valtrompia bread tube. The product is a metal tube in which refrigerated bread dough can be baked into a narrow, scalloped-edge loaf. As of the late 1990s, the product is available in five shapes—flower, square, heart, scalloped, and star. The bread is baked with the tube placed upright in the oven, allowing the bread to rise vertically along the tube.
Lawsuit
In April 2023, Pampered Chef was sued for alleged data sharing and sharing video viewing history from people visiting the company website with Google and Facebook. In June 2023, Pampered Chef settled the lawsuit claiming they did share video viewing history of users.
References
Kata Kunci Pencarian:
- Berkshire Hathaway
- Pampered Chef
- Berkshire Hathaway
- List of assets owned by Berkshire Hathaway
- List of multi-level marketing companies
- Howard Graham Buffett
- Murder of Paige Birgfeld
- Tracy Britt Cool
- See's Candies
- Duracell
- Warren Buffett
