Monday, August 22, 2011

What went wrong with Wedgwood?

!±8± What went wrong with Wedgwood?

It was the only organization or business?

"For centuries, Waterford Crystal has captured the light over and over again. Consumed in the hands of the artists through their art, light, hugs, dances, and cascades over finely cut crystal," says the Annual Report (April) 2008.

According to the information on the website, Waterford Wedgwood plc was founded in 1986 with the merger of the (Irish) Waterford Glass Group, and (the British) Wedgwood founded. The MissionStatement
on the Web site says: "To remain a global brand portfolio of leading luxury lifestyle with particular attention to the table, gifts and home."

When this task has become impossible? The company is struggling to survive since 2001. It was the wedding market, the dominant market for the Company's products (glass and porcelain), the marriage between the crystal and china was not perfect?

Or did he do all the bridal shops morevulnerable? An agreement in which - in parallel as in the financial markets - companies want to offer everything, but where customer preferences are changing.

The situation is very different in 1986 than in 2008. In 1986, long boom has just begun and the luxury hot, where companies like Gucci in the stock market.
It is not strange that the best years in which the head of the Internet bubble in 2001. Everything was still possible.

But the market wants andStructure is changing. The final blow came from the last three months of 2008, when the credit crunch and the reliance on a single lender (Bank of America) is the last hope disappeared.

The former CEO resigns after giving the financial report of 2008, which in April and David W Scully is completed in August appointed a new CEO.

David W. Sculley CEO of the Group (62), is a partner of investment firm, Sculley Brothers. He joined the Group as director1997 Served on the boards of several private companies. Mr. Sculley was a graduate cum laude from Harvard University with a degree in economics. Prior to forming Sculley Brothers, who was a senior executive with Heinz, where he worked as a director. (1)

From the annual report, the CFO confirmed that the first signs was declared a return to financial health of the early results of last year.

The annual report was very open about the problems faced. The financialResults for the year ended 5 April 2008, are very disappointing, the company reports a pre-exceptional loss of EUR31.6 million in EBITDA (earnings before interest, taxes, depreciation and amortization) compared to a profit of 15 euros . 0 million a year earlier. The loss for the year EUR232.8 million against a loss of EUR71.2 million a year earlier. Both departments declined in sales, the division of crystal of 15% (€ 170 million) and the division of ceramics8% (€ 462 million).

In the same report, the risks and uncertainties are defined: Luxury goods, generally discretionary purchases ... sensitive to developments in the general economy. strong competition ... manufactured in countries with lower labor costs significantly. non-euro currencies (dollar, British pound and Japanese yen). the strength of the brand ... Protection of intellectual property. need to manage the portfolio of brands, models and drawings... in person and through cooperation and brand extensions and licensing agreements. Inventory management for sales showed significantly To satisfy dependency (time to market / quality) from suppliers of raw materials and products purchased from our delivery obligations. complementary channels, instead of the traditional department store efficient and effective management of production systems the ability to access additional funding.

These risks show thatthe market exchange factor played a decisive role in the decline of the results.

This is also what journalists (reports) seem to show is: "Ireland Waterford Wedgwood, the pottery was once a luxury a great wedding gift lists around the world pillar, called in the receivers ..." (2)

A debt burden made it impossible, in a financial market where money is king continued: Waterford Crystal is one of the most recognized brands in Ireland.

It is particularly sad, knowing that the owner "British Wedgwood pottery was founded 250 years ago by Josiah Wedgwood
- One of the fathers of the industrial revolution. "

According to the report, the Group has about 8,000 employees worldwide ... 1900 The production in Great Britain, 800 in Ireland ... 1,000 employees based in Germany, porcelain manufacturer Rosenthal.

He was looking for its range "to modernize, because the economic downturn in key markets - Britain and the United States - and met the strength of the euroResult, while the credit crisis has begun talks with banks more difficult "...

Stocks are in decline since 2001 and on the basis of the stock price is represented as a decimal: 0.01 cents ...

Too bad for those who craft (such as technical skills) and tradition in a market where there is little room left for the style value.

The other day I was watching the New Year concert news' on television and I saw many people wearing only a sweater, and not the traditional costume.People do not know how to value a tradition that is lost here, the market or the handyman?

It seems all too clear a sign of our changing times in which we live


What went wrong with Wedgwood?

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Tuesday, August 16, 2011

Arts and Crafts Style Decorating

!±8± Arts and Crafts Style Decorating

The Arts and Crafts and Mission style terms are often used interchangeably today. These refer to a style of home design and furnishings emphasized natural materials, especially wood, and has a pronounced geometry in the design. The rebirth of their enormous popularity stems largely from their association with hand-crafted elements (though many knock-offs made by machine), a rarity in this technologically advanced era. The pieces are heirloom quality and a patinathat deepens with age. Arts and crafts furniture and interiors are usually also very durable and timeless classics with a stimulus. They fit the contemporary desire to simplify and get back to basics. Arts and Crafts interiors are an ideal combination of functionality and aesthetics, the spaces are designed to work for the locals. To create your own Arts and Crafts interior, there are several factors to consider, both in materials and design.

The materials of Arts and Crafts interior, whilenot limited to the stresses of natural wood, stone, glass (sand), ceramic tile (mineral / earth) and textiles (using wool, cotton or linen, and, of course, leather) Much of the visual model is by grain of the wood selected. Traditionally it has been used in oak, cherry, natural but currently it is often enjoyed. The oak tends to have a shiny golden brown, while the cherry is red. Both naturally darken with age, this is expected.

Floors, allArchitectural trim / molding, are doors, banisters and rails, and did all the structural support usually oak occur more frequently. Wax or oil finish to prevail. Coupled joints are used or handmade metal hardware. Door handle pulls, cabinet and the like are still hand-made wrought iron or bronze, black, umber, or verdigris. Many are square or rectangular shaped and hammered by hand. For a lighter look, some homeowners today for a soft pewter or brushed nickel optingat the end. Once you have the guidelines, you can customize to bend. If desired, the alternative is a wooden floor, tiles or slate would be suitable substitutes. The tile should be large and laid in a linear model, not on the diagonal.

To balance and complement the visual depth of the wood, the walls are often covered with a textured or plastered (the old bungalows have original plaster.) A good bet is the finish that Ralph Lauren river rock paint supplies. Paint wearInfluences from nature with goldenrod yellow, sienna, brown, Indian red and Cimarron, sage and moss green, and a palette of neutral earthy tans, toasts, and beiges. The general feeling is a harmony, a continuity of all the elements of cooperation, not upstaging the other. It's about creating a house organ, one that works in their environment and takes full advantage of their surroundings, both outside and inside.

Fireplaces are shelves made of wood or stone, with stone, ceramic oroccasionally brick surrounds. The wood is oak with a golden stain, usually not waxed or rubbed, polyurethane. Satin Satin or rule. The stone is stone field, stacked dry or with Malta, is a great visual texture. River rock can be used and the smooth round stones provide a counterpoint to the rectilinear geometry otherwise present. Ceramic tiles usually have a reason from nature, perhaps a leaf or acorn, or have an iridescent surface. Today glass tilesalso used a big advantage. Brick, if used, is closed off and clean in which the horizontal stripes. Another feature is a clear Arts and Crafts interior of the linear quality. The feeling that the house is part of a broader vision of the 'horizon, all this effort, and from the earth to be.

Historically, many wearing the Arts and Crafts and Mission art glass houses, or many boxes. This enabled windows are left uncovered and still appeardecorative. Today, the glass window art expensive, are used not only in selected areas, so if you want the treatment is to control privacy, light or heat is, the simpler the better. This leads to options as a simple Roman shade, silhouettes, wood blinds or panels on either tabs or rings on a decorative rod (wood or wrought iron), with a tail. If tiebacks are desired consider, sisal tassels, simple and bold, or a band of the same fabric as the curtains. Nothing trim or other decorationsrequired. Models can predict the nature of tissue, such as a sheet or are based in geometry. There is a wide range on the market, including historical prints by William Morris and Frank Lloyd Wright designs. The same can also be found in wall coverings, though sparingly, because they are often busy and distracted. Arts and Crafts and Mission styles today both represent a desire for a healthy way of abundant life, a return to the values ​​of yesterday.

Furniture in artand Crafts home are wood, occasionally with a wrought iron or ceramic tile accent. Glass is rarely used. Tables, which looks both functional and well, often have at least one drawer and a shelf for storage. The shapes are squares, rectangles and octagons, although most tours are available today. The geometry created by edges at its clearest. Sofas and chairs are often made of wood with exposed wood arms and cushions that can be easily cleaned or changed according to the season ensured.Flexibility and adaptability are the main features. Mission style goes a step further and often offers sofas or chairs with a deep wood shelf surround, as the arm and a table (Frank Lloyd Wright design), which gives the illusion of a built-in pieces. The skin is often used, or substances made from natural fibers such as cotton, linen or wool. Bright colors and geometric patterns or natural abundance. The main interest comes from the combination of the elements again, not a piecedominates. Models are used sparingly in employment increasing longevity and flexibility of the structure. Resources for the furnishings include Stickley, American Impressions by Ethan Allen Furniture Cotswald, more than a resource for handmade furniture and more in Atlanta.

Lighting in a craft or mission is crucial at home, especially with all the dark woods and deep colors of the very popular. While ceiling can, including the installation to give a good general light, it ismuch more effective and more fun to take to a myriad of lights. Torchiere (floor lamps that give uplight, and are best placed in corners) can provide valuable general lighting, while table lamps and floor lamps provide invitation and welcome. Accent lighting with lamps mantle, wall lamps, chest of drawers and lamps. The two most common types of lamps are developed, mica and metal, the body of the lamp in hammered bronze or copper, the shade of a sheet of mica, and glass art lampswood or glass-art-glass shades and bases in geometric patterns and a squared coolie shape. Other lighting options include a wide range of lighting playback with multiple light sources such as Arroyo Craftsmen, and Yamagiwa (available through designers, they also have exceptional leadership designs of Frank Lloyd Wright).

Accents, accessories and art should be minimized to allow a fuller appreciation of architecture and building materials of naturepresented. This is a good opportunity to balance the predominance of wood provide elements of glass, ceramic and metal. Both bowls and vessels are readily accessible in all the materials mentioned. Software iridescent ceramics and glass provides both an airy addition to the weight and depth of the forest.

© 2005 Melissa Galt


Arts and Crafts Style Decorating

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