DMC has gone into bankruptcy

Apr 29, 2008 78 Replies

Just announced today -- DMC (including all of their floss lines) has gone into bankruptcy. I imagine a run on most of the needlework stores just to stock up. Anyone heard anything yet?



Johanna


I couldn't find anything definitive, but if it's true, it wouldn't be the first time and they emerged from it okay. Let's hope that will happen again.

Lucille

It is true, mostly! Here is a news link from reuters.

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> Gill

I do hope they can survive this and emerge victorious.

Let's get after them to dump all their clothing and other holdings and leave our needlework stuff alone. Do you think they would listen to us???? lol

Parlez vous francais, ma petite choux??

Probably the only way they would listen. Hopefully they can restructure; I think this happened before. The dyeing plant in the USA was closed down a couple of years back.

G

Not enough to write anything more complicated then your sentence, but Sheena speaks French fluently, doesn't she?

I did see something about them having filed for bankruptcy in the 90's and emerging in 1997.

Funny timing. I just filled in all my missing colors when I recently set up the bobbin storage. Up until then I was missing a few of the colors that I don't much like and avoid using.

L

J'en parle assez pour savoir que c'est "mon petit chou."

Elizabeth (my leetle cream puff)

Well, it IS 56 years since my last French lesson!!

Gill

It looked fine to me !!! Possibly that's because I took Spanish in High School and learned my 5 words of French in books. :*))

What clothing line? I know they had pillows, bags and various items for embroidery (their Linea line) which I loved but didn't catch on here in America. Stencils, wonderful color combinations, easy pearl cotton which works up quickly . . . all a beginner would want and be avante garde. It went very well in Europe.

It doesn't help that predator chain stores refuse to stock their floss and the Linea line. I tried finding the latter in stores and it was sparse pickings. No wonder it didn't catch on. It wasn't given a proper chance.

Dianne

You can see a mention in the article Gill posted:

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I didn't love the Linea line, but I did buy a bag for a friend who wanted to try embroidery. As you say, it was a very good learning piece.

Lucille.

Sheena's not here anymore. Am I really the only one who's noticed?

Elizabeth

No, you're not the only one, I noticed as well. I've been wondering where she's been, but I'm not a frequent enough poster to feel comfortable asking after someone. I thought perhaps she'd gone on vacation, but ...

Wow! That's a scary, scary thought! Nightmare material, actually!

Speaking of which, I had the most bizarre dream the other night. I dreamed there were a few people at my church with me and we were re- skeining this *huge*, like 3' high, pile of floss! I have no idea where it came from or what we were going to do with it. I could understand it if I'd had this dream after sending Karen the rayons, many of which I re-skeined, but now, a year later??? Weird, huh?

Joan

ROTFLMAO! That was *sharp* Elizabeth! 'Cream puff'! LOLOLOLOLOLOLOL!

Ma petite éclair chocolat! LOL! Hiccup!

Ok, all you smartypants..you can quit this picking on an old lady!!

gill

I wasn't, I swear (well, ok, maybe a little). Everyone thinks chou means cabbage, but it actually refers to a kind of pastry. Cream puff pastry. Really.

Elizabeth

Actually, I knew about chou pastry, have made it for crab=20 puffs.............mind and fingers didn't connect!

Gill

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>>>>>>> Gill

I have at least one skein in every color but with the pent-up stash I have accumulated I may need to go buy another 2 or 3 full sets of every color just to make sure I can stitch them all ....hhhhm how would I explain THAT purchase to DH?!? MelissaD

No, not "cream puff". She called Lucille a CABBAGE!

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