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Foreside Considering Sale

By Staff -- Gifts and Dec, 8/15/2006 10:10:00 AM

Wellesley, MA — The Foreside Co. hired investment bank Tully & Holland Inc. to help the company “explore its strategic alternatives, including a possible sale,” the bank said in a statement. The decorative accessories and tabletop manufacturer is currently in Chapter 11 bankruptcy. However, says Stuart M. Rose, managing director of Tully & Holland, Foreside “did get financing in bankruptcy so they’re running well.”

Rose says Tully & Holland is not looking to break up the company and sell off the pieces. “Some may want to buy the wholesale and not the stores,” said Rose, “But our primary goal is to sell the whole company.” He expects that Foreside sales will increase by 20 percent next year.

Rose declined to speculate on potential buyers, but said “We’re looking for a closing sometime in the fall.”

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Hello,

I looking to replace square white ceramic plates (tabletop accessories) presumably from a Christmas collection). The stamp bears "A Foreside Copyright Design", Gorham, Maine; the description is 3 sizes of square serving plates with an open cut snowflake design bordering the plate...stunning. Perhaps some of the other retailers would direct me to retailers/suppliers who may have this stock. I would love to have Foreside commission another firing of this design...just sick that mine slipped from its stand.

Colleen Torrens - 2008-06-16 21:04:00 EDT
Is there a way to contact them? The phone seems to be disconnected. Will orders placed at the January 2008 Atlanta show be shipped?

nancy DeYoung - 2008-05-13 12:09:00 EDT
Are the Foreside stores still open? I was unable to access their website.

Jane Kline - 2008-03-06 19:52:00 EST
Is there a possibility that we will receive shipment of our Easter order?
vfriedman@laphil.org

vidki friedman - 2008-02-26 14:03:00 EST
Hello Janet,
As far as we know the company has not gone out of business. It is operating under Chapter 11 Protection from Bankruptcy and has hired a company to help determine its options, including possible sale of the company.

maria weiskott - 2008-02-13 21:30:00 EST

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