Waterford Wedgwood“s operations in the United States, including Waterford Crystal, Wedgwood and Royal Doulton are not encumbered by the receivership and administration processes in Ireland and the UK…
Waterford Wedgwood“s operations in the United States, including Waterford Crystal, Wedgwood and Royal Doulton are not encumbered by the receivership and administration processes in Ireland and the UK which were announced on Monday, 5 January 2009. Administration and Receivership of the UK and Irish companies enables the global business to be preserved while it is restructured and offered for sale, and the appointees are planning to continue doing business while seeking a sale to interested parties well advanced in this process. Peter Cheyney, director of corporate communications for Waterford Wedgwood USA, said, “Our business continues uninterrupted and we wish to recognize and acknowledge the support we have received from our consumers, customers, retail partners and brides throughout the US. We assure them that all our suppliers continue to cooperate; that we are busy fulfilling orders and that we are confident that we will maintain the business into the future”. “Our brands are some of the finest in the world and we have no doubt that they will entrance and attract customers for many years to come. We have noted the increase in market share, which is being garnered by all our brands; however, we also acknowledge the contracting of the overall market due to the pressures on the economy and the financial markets”. “We also wish to salute the dedication and commitment of management and all of our employees in the US who have continued to serve the needs of customers, brides and retail partners across America”. Waterford Wedgwood USA, Inc. is based in Wall, New Jersey with showrooms in New York City, Atlanta and Dallas. Its Waterford Crystal, Wedgwood and Royal Doulton brands are renowned worldwide for quality and design excellence.