Figi Shuts the Doors for Good
By Staff -- Gifts & Decorative Accessories, 6/1/2005
San Diego — Giftware vendor Figi has ceased operations. “The bank has taken over, and we are liquidating assets,” a Figi spokesperson told G&DA. The liquidation also includes assets of Figi brands J.W. Stannard and Michel & Co. Figi's s.v.p. of sales and marketing, Chris Collins, who left the company earlier, said, “At the time of my departure, new financing was on the immediate horizon. That apparently did not work out, which is unfortunate for all the great people involved.”
