Alan Burgdorf sends these two links regarding the recent announcement of the fact that Waterford Wedgwood has declared bankruptcy. The first article begins:
(CBS) For Waterford, designers of the famous New Year’s ball in New York’s Times Square, 2009 brought a final countdown – to bankruptcy, CBS News correspondent Elizabeth Palmer reports.
It’s a devastating setback for one of the world’s most famous luxury brands, celebrated for fine glassware, crystal sporting trophies and presentation pieces. Even Ronald Reagan’s jelly bean jar was Waterford.
“I don’t think anyone can quite get their head around what’s happened,” said Kim Cotton of Tablewhere China Shop. “What a huge blow this is to British industry.” …