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Diced and sliced.

Authors :
Hannon, K.
Source :
Forbes; 10/2/1989, Vol. 144 Issue 7, p68-72, 5p
Publication Year :
1989

Abstract

The article focuses on the bankruptcy of Cuisinarts Inc. The company's filing for Chapter 11 in August 1989 listed debts of $43 million and assets of less than $35 million, mostly in inventory. Complacency and high leverage share the blame for the failure of the company. Revenues of the company have dropped from around $80 million in 1979 to an estimated $50 million 1989. Cuisinarts' market share dropped steadily from 20 percent in 1984 to 12 percent in 1989.

Details

Language :
English
ISSN :
00156914
Volume :
144
Issue :
7
Database :
Complementary Index
Journal :
Forbes
Publication Type :
Periodical
Accession number :
8910230400