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Author Topic:   Gorham Sold Again
Bob and Carol Carnighan

Posts: 63
Registered: Apr 99

iconnumber posted 07-22-2005 03:27 PM     Click Here to See the Profile for Bob and Carol Carnighan     Edit/Delete Message   Reply w/Quote
Brown-Forman has sold the Lenox unit (includes Gorham, Kirk Stieff and Dansk) to Department 56 for 190 million. This had been expected for many years.

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Paul Lemieux

Posts: 1792
Registered: Apr 2000

iconnumber posted 07-22-2005 04:15 PM     Click Here to See the Profile for Paul Lemieux     Edit/Delete Message   Reply w/Quote
According to its website, Dept. 56 sells a wide array of "collectibles." Chantilly and Repousse do not go well with the "Krinkles Birthday Collection" or the "Santa Claus is Comin' to Town" series. So I wonder if they will continue Lenox's sterling lines, or only produce the collectible-type products like plates and Christmas bells.

[This message has been edited by Paul Lemieux (edited 07-22-2005).]

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Richard Kurtzman
Moderator

Posts: 768
Registered: Aug 2000

iconnumber posted 07-22-2005 06:10 PM     Click Here to See the Profile for Richard Kurtzman     Edit/Delete Message   Reply w/Quote
I can see it now: Martele Snowbabies. Hot damn!

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salmoned

Posts: 336
Registered: Jan 2005

iconnumber posted 07-22-2005 07:24 PM     Click Here to See the Profile for salmoned     Edit/Delete Message   Reply w/Quote
Yippee! Where can I pre-order?

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middletom

Posts: 467
Registered: May 2004

iconnumber posted 07-27-2005 08:46 PM     Click Here to See the Profile for middletom     Edit/Delete Message   Reply w/Quote
A number of years ago, I was doing the New York Tabletop show for ONC, and a man came by who was a high-up in United Technologies and he told us that UT had just acquired Gorham as a result of the purchase of another company that UT actually wanted. He said that UT had no idea what to do with a silver company, so they would most likely sell it. I guess Gorham has gone through a few hands since.

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Ulysses Dietz
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Posts: 1265
Registered: May 99

iconnumber posted 07-29-2005 09:22 AM     Click Here to See the Profile for Ulysses Dietz     Edit/Delete Message   Reply w/Quote
Gorham was owned by Textron for a good while in the 1980s. The sad thing that all this reflects is that the entire American luxury tabletop industry, which was once the largest in the world (glass, porcelain, silverware) has now been telescoped into one lump of multifaceted branding opportunities. Only Tiffany & Co. has retained its own identity, and that at a much reduced level from its heyday. But, of course, this means that the pre-1970 material produced by all of these mushed-together companies is now up to become the "antiques" of the future, and the treasures for future collectors. Tis a weird time to be a curator in many ways.

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IJP

Posts: 326
Registered: Oct 2004

iconnumber posted 07-29-2005 06:14 PM     Click Here to See the Profile for IJP     Edit/Delete Message   Reply w/Quote
Well, "identity" is one thing, but even Tiffany isn't immune from buy-outs and mergers. 1955-Taken over by Hoving Corp. 1979-Merges with Avon.

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Richard Kurtzman
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Posts: 768
Registered: Aug 2000

iconnumber posted 07-29-2005 08:40 PM     Click Here to See the Profile for Richard Kurtzman     Edit/Delete Message   Reply w/Quote
And what has happened to the quality of Tiffany's silver in the last 20+ years? Nothing good.

[This message has been edited by Richard Kurtzman (edited 07-29-2005).]

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