Home Interiors and Gifts was a direct sales company specializing in decorating accessories, which were sold by more than 140,000 representatives through home parties in the United States, Canada, Mexico, and Puerto Rico. Its product lines included artificial flowers, candles, framed artwork, mirrors, sconces, small furniture, and shelves. The company bought many of its products from its own manufacturing subsidiaries such as Laredo Candle Company. Mary Crowley, sister-in-law of makeup maven Mary Kay Ash, founded Home Interiors in 1957. Highland Capital Management owned a majority interest in the company.
Video Home Interiors and Gifts
Bankruptcy
The company announced on April 29, 2008, that it and certain of its subsidiaries filed voluntary petitions under Chapter 11 of Title 11 of the United States Bankruptcy Code for the Northern District of Texas (filing number 08-31961) in order to re-align the Company's business operations and restructure its debt. The Company intends to work with its constituencies to exit bankruptcy as expeditiously as possible, while executing on its reorganization plans. In addition to the Company, Dallas Woodcraft Company, LLC, Laredo Candle Company, LLC, HIG Holdings, LLC, Titan Sourcing, LLC, DWC GP, LLC and Home Interiors de Puerto Rico, Inc., filed voluntary petitions. Home Interiors' Mexican and Canadian subsidiaries as well as Domistyle, Inc. were not a part of the filing.
After bankruptcy Home Interiors was bought by Penny and Steve Carlile, the owners and founders of Home & Garden Party founded in 1996. They merged the two companies renaming it Celebrating Home and it continues to operate from Home and Garden Party's headquarters in Marshall, TX. After the merger Heather Chastain (former president of Home Interiors) became president of Celebrating Home. She has since been removed from her position and is no longer with the company. Home Interiors Mexico operation was also purchased by the Carliles but it continues to operate under the Home Interiors name as an independent entity.
Maps Home Interiors and Gifts
References
Source of the article : Wikipedia
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