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Gifts & Dec Direct
















 

 
 
Here's the news for the week of February 25, 2008.
 
 
HOW ARE WE DOING?

We really want to know, and ask you to please spend just a few minutes to answer our survey and tell us.

Tell us what you like about Gifts & Decorative Accessories magazine and what we could do better. And tell us a little bit about yourself too (all answers strictly confidential). For each survey we receive, Gifts & Dec will contribute $1 -- up to $1,000 -- to Gift For Life, the industry's charity supporting AIDS research.

Just click here to take the survey and contribute $1 to Gift For Life!

Thank you!

Maria Weiskott,
Editor in Chief
 
In This Week's Issue:
1. Creative Co-op Back Up and Shipping
2. Cash-Starved Sharper Image to Shrink
3. Lillian Vernon May Seek Sale or Liquidation
4. Candle Warmers Gets New Management
5. Global Sources Launches India Fair in Hong Kong
6. Vermont Teddy Bear Lays Off 15 Employees
7. Your 2 Cents Worth
 
 
1. Creative Co-op Back Up and Shipping
Memphis, TN – After sustaining severe tornado damage to its office and warehouse, decorative accessory vendor Creative Co-Op resumed shipping earlier this week.<<Click to Continue>>
 
2. Cash-Starved Sharper Image to Shrink
Wilmington, DE — Mere days after it appointed turnaround expert Robert Conway as its new CEO, Sharper Image filed for Chapter 11 bankruptcy protection.<<Click to Continue>>
 
 
3. Lillian Vernon May Seek Sale or Liquidation
Wilmington, DE — Catalog, Internet and direct marketer Lillian Vernon Corp. filed for Chapter 11 bankruptcy protection, and will likely seek the sale of the company or liquidation. <<Click to Continue>>
 
4. Candle Warmers Gets New Management
Layton, UT — A new management team acquired gift vendor Candle Warmers Etc. <<Click to Continue>>
 
 
5. Global Sources Launches India Fair in Hong Kong
Mumbai, India — Global Sources is introducing a new trade show, the India Sourcing Fair: Home Products, in April 2009. <<Click to Continue>>
 
6. Vermont Teddy Bear Lays Off 15 Employees
Shelburne, VT — Gift plush retailer the Vermont Teddy Bear Co. laid off 15 employees and eliminated seven unfilled positions in middle management. <<Click to Continue>>
 
7. Your 2 Cents Worth
Gifts & Dec readers are a prudent bunch: if the government gives taxpayers an extra rebate to boost the economy, more than a third — 37.5 percent — plan to use the windfall to pay down debt, according to last week’s poll on www.giftsanddec.com. Almost another quarter (23.21 percent) plan to save it, and 16.07 percent plan to invest it in their business. About a fifth, or 19.64 percent, plan to spend it. If the rest of the country follows their lead, the bonanza for storeowners may be more modest than lawmakers hoped. No respondents plan to spend it on gifts — maybe they see enough of those at the office. But break out the invites and cocktail napkins: 3.57 percent plan to party!

The party’s just getting started: vote in this week’s poll.

To comment on polls or to suggest poll topics, contact mweiskott@reedbusiness.com.

 
 

Agenda set for Kids Today’s 8th annual conference

The 8th Annual Kids Today conference, Playing for Keeps, will be held March 4-6 in Savannah, Ga. If you’re a retailer, manufacturer or supplier in the juvenile/youth industry you need to be there to find out how to better reach your customers, harness the power of the media, build a successful brand and tap into the consumer psyche. Learn what the next generation of retailers has up their sleeve and find out how other companies have grown their businesses!
 
Registration is open online now at www.kidstodayonline.com or by calling 336-605-1066.
 
Special Offer!
All Baby and Child Inc., the parent company of the ABC Show, is sponsoring attendance at the Kids Today Conference. ABC will pay the registration fee for all independent juvenile retailers planning to attend until the conference is sold out!
 
 
For daily news updates visit www.GiftsandDec.com.
 

That's all for now. We'll be with you again next week.

Maria Weiskott, Editor In Chief
Matthew Kalash, Managing Editor

 
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