SharkNinja to Grow Innovation Footprint with the Opening of Creative Design Hub in New York City
January 30 2025 - 8:57AM
Business Wire
New Collaborative Space Will Empower Team to
Push Creative Boundaries as it Delivers Problem-Solving Innovation
to Consumers Worldwide
SharkNinja, Inc. (NYSE: SN), a global product design and
technology company, today announced plans to open its first office
and Creative Design Hub in New York City in 2025. The collaborative
workspace, located in the vibrant Flatiron neighborhood of New York
City, will serve as a dynamic environment to foster creativity,
innovation, and collaboration across key functions. As part of this
investment, SharkNinja plans to grow its team significantly, with
more than 45 roles in its initial phase, and the potential for
additional roles over time. SharkNinja’s investment in the Creative
Design Hub will empower employees to continue to redefine
innovation and storytelling, driving the development of
groundbreaking products that solve real consumer problems in ways
they never imagined. This dynamic space will foster creativity and
collaboration, cementing SharkNinja as an employer of choice for
top talent.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20250130230582/en/
The entrance of 41 Madison in New York
City, the location of SharkNinja's new Creative Design Hub opening
in 2025. (Photo credit: Rudin)
"At SharkNinja, our culture thrives on problem-solving
innovation, creativity, and a shared commitment to making a
positive impact on consumers’ lives around the world," said Mark
Barrocas, CEO of SharkNinja. "The launch of our Creative Design Hub
in New York City is not just a milestone in our global growth—it’s
a testament to the extraordinary talent we continue to attract and
grow. By tapping into the city’s vibrant creative community, we’re
giving our teams the space to continue pushing boundaries as we
develop innovative products at an unmatched pace and deepen our
connection with consumers in new, meaningful ways."
SharkNinja has signed a multi-year lease for over 14,000 square
feet at 41 Madison Avenue, a Rudin managed office tower, with views
of both the East River and Hudson River. This strategic expansion
into New York City capitalizes on the deep pool of creative and
design-focused talent in the area. The Creative Design Hub will
feature a dedicated studio for design prototyping, a beauty studio
for product testing and consumer insight research, and dedicated
spaces for content creation, by both in-house teams and influencer
partners. SharkNinja's investment in New York City's creative
economy is supported by up to $920,000 in performance-based
Excelsior Jobs Program tax credits from Empire State
Development.
"SharkNinja's decision to establish a creative hub in New York
City highlights the unique advantages our state offers to
innovative companies,” said Hope Knight, Empire State Development
President, CEO and Commissioner. “Through ESD’s Excelsior Jobs
Program, we are supporting the creation of high-wage jobs while
strengthening New York's position as a premier destination for
design and technology companies. This project demonstrates how
strategic investments can attract industry leaders to New York
State, driving economic growth and innovation while capitalizing on
our world-class talent pool."
In the heart of Manhattan’s iconic Flatiron District—a
neighborhood renowned for its deep-rooted ties to design—41 Madison
Avenue stands as a vibrant hub for the global housewares industry.
This premier design destination seamlessly blends the area’s rich
heritage with the cutting edge of consumer product innovation,
making it the perfect home for SharkNinja’s new Creative Design
Hub. As a brand synonymous with forward-thinking solutions,
SharkNinja’s innovation-driven team is poised to thrive in this
dynamic space, drawing inspiration from the district’s storied past
and its future-focused energy.
About SharkNinja
SharkNinja is a global product design and technology company,
with a diversified portfolio of 5-star rated lifestyle solutions
that positively impact people’s lives in homes around the world.
Powered by two trusted, global brands, Shark and Ninja, the company
has a proven track record of bringing disruptive innovation to
market and developing one consumer product after another has
allowed SharkNinja to enter multiple product categories, driving
significant growth and market share gains. Headquartered in
Needham, Massachusetts with more than 3,300 associates, the
company’s products are sold at key retailers, online and offline,
and through distributors around the world. For more information,
please visit SharkNinja.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20250130230582/en/
SharkNinja Contacts Media Relations: PR@SharkNinja.com Investor
Relations: IR@SharkNinja.com
Sharkninja (NYSE:SN)
Historical Stock Chart
From Jan 2025 to Feb 2025
Sharkninja (NYSE:SN)
Historical Stock Chart
From Feb 2024 to Feb 2025