Lenox Group, Inc., which makes dinnerware, gifts and collectibles, filed for bankruptcy protection last week. For now, you will still be able to fill in your set of Lenox dishes. But watch for news about what's happening to the company.
Lenox was purchased by Department 56 2 or 3 years ago. Department 56 has also filed for bankruptcy. They also own Dansk. The company has been for sale but no one has been interested in buying it before the bankruptcy was filed. K
I certainly hope Lenox can secure the help they need. It is a fine old firm and they make a quality product. it would be a terrible shame if they were to go out of business !
Lenox is the tip of the iceberg! In answer to Anonymous about Lenox taking their business overseas... I completely understand that was an effort by them to STAY IN BUSINESS then. American high labor costs and ridiculous CEO greed prohibit companies from competing with the rest of the world. Peoples expectations of high personal wages while buying lowest cost products feeds the problem. How many are guilty of that? Probably you too. Many more companies will follow Lenox in the bankruptcy line unless Americans agree to accept reasonable pay and less freebie handouts not actually earned. If not, this problem will only grow and bailouts won't stop it. MGN
I want a bailout. I want cheap things. I want it now. And I want all my cheap things to be made in the US. And I want to make a 6 figure income, along with a bailout. And I want free cookies daily. And I'm just trying to annoy MGN :) Although I agree with MGN, I still want it all :)
Lenox Group, Inc., which makes dinnerware, gifts and collectibles, filed for bankruptcy protection last week. For now, you will still be able to fill in your set of Lenox dishes. But watch for news about what's happening to the company.
5 comments:
Lenox was purchased by Department 56 2 or 3 years ago.
Department 56 has also filed for bankruptcy.
They also own Dansk.
The company has been for sale but no one has been interested in buying it before the bankruptcy was filed.
K
I certainly hope Lenox can secure the help they need. It is a fine old firm and they make a quality product. it would be a terrible shame if they were to go out of business !
I really think a lot of people lost faith in Lenox when they took their production overseas thus cutting quality and American Jobs. I know I did!
Lenox is the tip of the iceberg! In answer to Anonymous about Lenox taking their business overseas... I completely understand that was an effort by them to STAY IN BUSINESS then. American high labor costs and ridiculous CEO greed prohibit companies from competing with the rest of the world. Peoples expectations of high personal wages while buying lowest cost products feeds the problem. How many are guilty of that? Probably you too. Many more companies will follow Lenox in the bankruptcy line unless Americans agree to accept reasonable pay and less freebie handouts not actually earned. If not, this problem will only grow and bailouts won't stop it.
MGN
I want a bailout.
I want cheap things.
I want it now.
And I want all my cheap things to be made in the US.
And I want to make a 6 figure income, along with a bailout.
And I want free cookies daily.
And I'm just trying to annoy MGN :)
Although I agree with MGN, I still want it all :)
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