Last Updated on 7/29/2008 by bidz

Struggling Lenox in talks to sell Department 56

The parent company is looking for a buyer for its collectibles subsidiary after it was unable to sell its entire enterprise.

By DAVID PHELPS, Star Tribune
July 28, 2008 – 9:51 PM

“Department 56, the venerable retailer known for collectible giftware and limited-edition Christmas decorations, was put on the selling block by its parent firm, Lenox Group.

Struggling Lenox said Monday that it is in “advanced discussions” regarding the sale of Department 56 after it was unable to find a buyer for all of Lenox, which includes Lenox and Dansk tableware and Gorham silver settings.”

Read the Full Story >>