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Libbey Commences Chapter 11 Reorganization with $160 Million in Agreed Financing
TOLEDO, Ohio, June 1, 2020 /PRNewswire/ -- Libbey Inc. (NYSE American: LBY) ("Libbey" or the "Company"), one of the world's largest glass tableware manufacturers, today announced that the Company and its U.S.-based subsidiaries have filed voluntary petitions for a court-supervised reorganization under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware. Libbey's international subsidiaries in Canada, China, Mexico, the Netherlands and Portugal are not included in the Chapter 11 proceedings and are operating in the normal course of business.  Libbey expects to use the court-supervised restructuring process to strengthen its balance sheet to navigate the effects of the COVID-19 pandemic and better position ...
Weingut Zilliken Saar Valley Winery Joins Loosen Bros. USA Import Portfolio
May 7, 2020  (OREGON CITY, Oregon) – Loosen Bros. USA, the U.S. import company owned by Ernst Loosen of Germany's Dr. Loosen estate, is thrilled to announce that the highly acclaimed Saar Valley winery, Weingut Forstmeister Geltz Zilliken, has joined its portfolio. In an agreement reached earlier this year, but interrupted by the double crises of the tariff on EU wines and the coronavirus pandemic, Loosen Bros. USA is now the exclusive importer of Zilliken in the U.S. ABOUT WEINGUT ZILLIKEN Weingut Zilliken is one of the leading wine estates of Germany's diminutive Saar region, a tributary of the Mosel. ...
Cibus Rescheduled To May 2021
(Parma, 11 May 2020) – The 20th edition of Cibus, the international Food Exhibition, has been rescheduled for next year, from 4 to 7 May 2021.   The decision, taken by Fiere di Parma and Federalimentare, has been mutually agreed with ITA – Italian Trade Agency and the businesses of the Italian agri-food supply chain. An international forum entitled "CIBUS FORUM -FOOD&BEVERAGE SECTOR AND COVID: FROM TRANSITION TO TRANSFORMATION" will be held in Parma in September, later this year. While in the next few days, an innovative digital Sourcing and Business Matching platform, called “My Business Cibus” will be launched. Regarding Cibus, initially rescheduled for September 2020, we recognized the absence of the ...
FIESTA Tableware Company Pushes New Color Roll Out One Month
Newell, West Virginia -- (May 8, 2020) -- The Fiesta? Tableware Company is pushing back the first roll out of the 2020 new color Butterscotch to July 1 (previously June 1). Pre-sale orders may be taken June 15, previously May 15. Shipping to retailers will begin mid-June. Cancel dates will need to be adjusted accordingly.  Due to Covid-19, the factory has been temporarily shut down since March to protect employees from the spread of the virus. This delay has in turn caused a halt in production and packaging. “We are hopeful that our factory will be back up and running, with approval ...
Messe Frankfurt Reports Growth Spurt at Nextrade
The current developments around the Corona pandemic do not allow on-site trade fair meetings at the moment. This is a difficult situation for exhibitors and trade visitors to maintain business relations during this time. Against this background in particular, the order and data management portal Nextrade offers new opportunities with a digital 24/7 business relationship between trade fair participants. As a result, retailers can place their orders with the connected suppliers around the clock and thus independently of current official measures. "We have just passed the milestone of 1,500 registered retailers at Nextrade, and that with participants from 55 countries ...
IMC Unveils Plans for Summer Markets in Atlanta and Las Vegas
ATLANTA/LAS VEGAS – (May 15, 2020) – Following a comprehensive survey of its universe of gift and home furnishings buyers and suppliers, International Market Centers (IMC) announced today updates to its summer 2020 markets in Atlanta and Las Vegas. IMC is postponing both markets until August, with Atlanta Market now running August 13 – 18 and Las Vegas Market running August 30 – September 3.  IMC surveyed its entire buyer and supplier universe – 180,000+ retailers and designers and nearly 6,000 manufacturers and sales agencies across the gift, home furnishings and apparel industries with results which were statistically significant. Retailer ...
Seafood Expo Global/Seafood Processing Global 2020 Edition Canceled
PORTLAND, Maine, April 16, 2020 /PRNewswire-PRWeb/ -- Today, Diversified Communications, organizer of Seafood Expo Global/Seafood Processing Global, the world's largest seafood event, has reluctantly determined that the continued and expanding magnitude of the public health and safety issues caused by COVID-19 worldwide now requires the cancellation of the 2020 edition of Seafood Expo Global/Seafood Processing Global. The event had previously been postponed due to COVID-19. Seafood Expo Global/Seafood Processing Global was originally scheduled for 21-23 April 2020 at the Brussels Expo in Belgium. "When we announced the postponement of the 2020 event, we had expected to reschedule later this year," said ...
Wines of South Africa Announces South African Wine Exports Allowed
NEW YORK, April 30, 2020 /PRNewswire-PRWeb/ -- The South African wine industry is elated to announce that the South African Government decided yesterday to lift transport restrictions on movement, from tomorrow, Friday, May 1, as part of the country's move from level 5 to level 4 restrictions regarding the Covid-19 lockdown.  This means that transport and export of wine, manufacturing and related services will be able to resume and the industry will be able to fulfill its obligations with regard to wine exports. The industry has expressed its gratitude to the government for this decision.  Minister Dr. Nkosazana Dlamini Zuma ...
HESTAN® Culinary Supports No Kid Hungry to Help Feed Children Across The Nations
NAPA VALLEY (April 2020) – Premium cookware brand Hestan® Culinary proudly announces its timely support of No Kid Hungry® to make sure kids get the food they need – during school closures and all year long. For each Hestan® NanoBond, CopperBond, and ProBond cookware products sold online through https://www.hestanculinary.com/ from April 22 through June 30, 2020, Hestan will donate 5% of the retail price of these products, up to a maximum of $10,000. “We’re honored to partner with No Kid Hungry on this special, spring-time fundraising campaign to help children across the country receive nourishing, healthy meals, particularly now when ...
SL Green Launches “Food1st” Charity to Provide Food Assistance and Re-Activate Restaurant Kitchens
NEW YORK--Apr. 23, 2020-- SL Green Realty Corp. (NYSE:SLG), Manhattan’s largest office landlord, today announced the formation and launch of “Food1st”, a non-profit foundation to be organized as a 501(c)(3), to deliver thousands of meals daily to front-line, first responders and medical personnel, elderly New Yorkers and food insecure families. In addition to addressing the increasing demand for food assistance across New York City, Food1st will also help revitalize New York City’s food and beverage industry by re-activating restaurant kitchens, to serve the City and bring restaurant staff safely back to work. SL Green has contributed $1 million as a down-payment ...
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