---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-002928"
form_type: "8-K"
ticker: "LCUT"
cik: "0000874396"
company_name: "LIFETIME BRANDS, INC"
filed_at: "2025-01-29T23:59:59+00:00"
generated_at: "2026-05-27T07:46:24.952929+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Lifetime Brands signs 15-year lease for 1.03M sq ft Hagerstown DC; relocation from Robbinsville by Q2 2026

## Summary
- Lease for 1,027,526 sq ft Hagerstown, MD distribution center; 15-year term, base rent $7.3M first year, escalating 3% annually.
- Relocation from Robbinsville, NJ; expected operational Q2 2026; increases capacity by 327,000 sq ft (46%).
- Exit costs up to $7M (severance, relocation, remaining lease costs) and one-time relocation costs up to $7M in 2026.
- Capital expenditures of ~$10M for equipment/leasehold improvements; tax abatements/incentives from Maryland ~$13M over lease term.
- Total rent abatement of $7.2M for first 36 months; tenant improvement allowance $5.1M; letter of credit $2.7M.

## SEC filing metadata
- accession: 0001628280-25-002928
- form_type: 8-K
- ticker: LCUT
- cik: 0000874396
- company_name: LIFETIME BRANDS, INC
- filed_at: 2025-01-29T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 2.05, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/874396/000162828025002928/0001628280-25-002928-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/874396/000162828025002928/lcut-20250123.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-002928
- JSON: https://secwatch.observer/filing/0001628280-25-002928.json
- Plain text: https://secwatch.observer/filing/0001628280-25-002928.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.