FOR IMMEDIATE RELEASE
March 5, 2008
CONTACT:
Cara Bernosky, President
IMC Licensing
502.589.7655
cbernosky@imclicensing.com
CONTACT:
Candace Biafore
Lenox Group Inc.
267.525.5204
Candace
Biafore@lenox.com
Lenox Group Inc. Retains
IMC
Licensing
Agency will work
to extend the Lenox brand
LEden
Prairie, MN (March 4, 2008) – Lenox Group Inc. (NYSE:
LNX), a market leader in fine quality tabletop, collectible
and giftware products, announced today its intent to pursue
a strategic licensing plan and develop a portfolio of new
brand-building licensed products. Lenox has appointed
IMC
Licensing, one of the nation's leading
full-service licensing agencies specializing in consumer
product brands, to help develop strategies, and identify and
develop licensing opportunities for the Lenox brand.
Since 1889, the vision of Walter Scott Lenox has guided the
company he founded to set the highest standards for quality,
artistry and beauty. Today, the Lenox brand is among the
world's most respected and trusted names in fine tableware
and giftware – favored by presidents, displayed in museums,
honored with awards and enjoyed in homes across America.
The Lenox brand has successfully expanded its reach into
quality casual tabletop, crystal stemware, stainless
flatware, premium table linens and jewelry, and Lenox
collectibles continue to win the hearts of collectors
everywhere.
Marc Pfefferle, Lenox Chief Executive
Officer, said, “We are very excited about the prospects of
this endeavor.” This process will generate profitable new
opportunities for an American icon brand well known for
quality, design and innovation. We expect to deliver to our
customers the great attributes of the Lenox brand in many
more product categories for their every day living, home
entertainment and gift-giving occasions.”
“We are delighted to represent the Lenox brand along
with the quality and tradition inherent in its legacy,” said
Cara Bernosky, IMC Licensing President and Co-founder. “We
believe its equities, rich design heritage and the fondness
the brand holds in the hearts of consumers can translate
extremely well into categories such as bedding, furniture,
rugs, decorative accessories and other products that
complement Lenox’s reputation for entertaining in the home
and gift-giving.”
ABOUT IMC
IMC
Licensing is the nation’s leading licensing agency
specializing in consumer product brands. IMC Licensing turns
brands into great new consumer products that delight
consumers and expand the long-term value of our clients’
iconic trademarks.
IMC
Licensing represents Kraft Foods, Valvoline, TABASCO and Wm.
Wrigley Jr. Co. among others. For more information, please
visit
www.imclicensing.com.
ABOUT LENOX GROUP INC.
Lenox Group
Inc. is a market leader in quality tabletop, collectible and
giftware products sold under the Lenox, Department 56,
Gorham and Dansk brand names. The company sells its products
through wholesale customers who operate gift, specialty and
department store locations in the United States and Canada,
company-operated retail stores and direct-to-the-consumer
channels including catalogs, direct mail, media and the
Internet. For more information, please visit
www.lenox.com.
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