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Old 01-05-2009, 09:52 AM   #1
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Waterford Wedgwood Bankrupt

If you own any of their china/crystal you may want to check this story out.

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Old 01-05-2009, 10:00 AM   #2
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That's terrible for the fact they say it's about 770 people possibly losing jobs.
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Old 01-05-2009, 10:01 AM   #3
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Wow....that's really not good.....for me!

They owe my company a pretty large sum of money. I wonder how that's going to pan out.
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Old 01-05-2009, 10:06 AM   #4
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The Wheel That Sqeeks The Loudest & 1st!

Go get em, Jeeks..........
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Old 01-05-2009, 10:07 AM   #5
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The link for others: The Associated Press: Crystal, china maker Waterford Wedgwood collapses
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Old 01-05-2009, 10:09 AM   #6
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If you need these brands, you might want to get on the Replacements, Ltd email list. I have an outdated pattern of Royal Doulton, and have been able to pick up filler pieces at substantially less than originl price. They may buy the remaining stock.
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Old 01-05-2009, 01:38 PM   #7
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Very sad story.
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Old 01-05-2009, 02:28 PM   #8
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Quote:
Much of the business has now shifted offshore, where it employs 5,800 people, including 1,500 people at a plant in Jakarta, Indonesia, which produces most of the company's ceramics. The majority of its crystal production has been handed to Eastern European subcontractors.
The whole allure of this stuff is that it was hand made in Great Britain and Ireland... now its just an outsourced brand.

Fine china has dipped in popularity as people gravitated towards more casual choices.

These companies made beautiful stuff but they did not position themselves well.
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