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BUSINESS
February 13, 1997
L.L. Knickerbocker Co. Inc., a distributor of celebrity-endorsed collectibles and other products, said Wednesday that it has reached agreement with certain debt holders to restructure their securities. Three weeks ago, the company had temporarily stopped the holders of $15.5 million worth of debt from converting their debts into stock because of "recent trading activity," which saw the stock price fall nearly in half to $5.81 a share in three months.
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BUSINESS
November 16, 1999
The Lake Forest seller of collectible gifts, toy-related merchandise and jewelry said it lost $1.2 million, or 3 cents a share, in the third quarter, compared with a net loss of $1.7 million, or 9 cents a share, for the like period last year. Revenue fell 41% to $9.3 million. The company attributed the sales decline primarily to short-term liquidity problems and production delays resulting from an involuntary bankruptcy petition filed against it in August by three Asian creditors.
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BUSINESS
November 16, 1999
The Lake Forest seller of collectible gifts, toy-related merchandise and jewelry said it lost $1.2 million, or 3 cents a share, in the third quarter, compared with a net loss of $1.7 million, or 9 cents a share, for the like period last year. Revenue fell 41% to $9.3 million. The company attributed the sales decline primarily to short-term liquidity problems and production delays resulting from an involuntary bankruptcy petition filed against it in August by three Asian creditors.
BUSINESS
February 13, 1997
L.L. Knickerbocker Co. Inc., a distributor of celebrity-endorsed collectibles and other products, said Wednesday that it has reached agreement with certain debt holders to restructure their securities. Three weeks ago, the company had temporarily stopped the holders of $15.5 million worth of debt from converting their debts into stock because of "recent trading activity," which saw the stock price fall nearly in half to $5.81 a share in three months.
BUSINESS
January 11, 1998 | Dow Jones
L.L. Knickerbocker Co. Inc. said it sold 2.45% of its stake in Pure Energy Corp. to Pure Energy founders Douglas and Scott Dunlop for $3.4 million. Knickerbocker chief executive Louis L. Knickerbocker resigned as chairman of Pure Energy but remains a director. Lake Forest-based L.L. Knickerbocker, which sells collectibles, jewelry and other products, retains about a 35% stake in Pure Energy, which markets alternative fuels.
BUSINESS
November 14, 2000
L.L. Knickerbocker Co. Inc., a Lake Forest collectibles, gifts, toy and jewelry company, said it earned $2.3 million, or 5 cents a share, for the third quarter, contrasted with a net loss of $1.2 million, or 3 cents a share, a year ago. Sales dropped 32% to $6.3 million. The company is in a Chapter 11 bankruptcy reorganization.
BUSINESS
May 15, 1999
L.L. Knickerbocker Co. Inc.: The Lake Forest company, which sells collectibles, toys and jewelry, said the net loss for the first quarter narrowed to $1.6 million, or 6 cents a share, from a net loss of $2.6 million, or 14 cents a share, for the 1998 first quarter. Revenue declined 17% to $9.5 million from $11.5 million.
BUSINESS
May 9, 1997 | (Dow Jones)
L.L. Knickerbocker Co. Inc. announced plans Thursday to sell a doll collection featuring movie costumes and accessories by famed Hollywood costume designer Edith Head. Knickerbocker, which markets doll collectibles and other merchandise, signed a licensing agreement with Seagram Co. Ltd.'s Universal Studios Consumer Products Group. Knickerbocker said the collection will be previewed in the fourth quarter and available in the first quarter next year.
BUSINESS
May 16, 2000
L.L. Knickerbocker Co. Inc., Lake Forest marketer of collectibles, jewelry, toys and gifts, said its first-quarter net loss narrowed to $1.4 million, or 3 cents a share, from $2.3 million, or 9 cents a share, for the prior-year period. Sales dropped 24% to $7.2 million. The company attributed the decline primarily to the sale of one of its mail-order collectible doll brands and a decrease in catalog doll sales. Knickerbocker is in the midst of a Chapter 11 bankruptcy reorganization.
BUSINESS
April 2, 1999
L.L. Knickerbocker Co. Inc., the Lake Forest-based seller of collectible items and other merchandise, reported a fourth-quarter net loss of $21.8 million, or $1.06 a share, which included one-time charges of $13.5 million related to restructuring and consolidation of operations. For the comparable period a year earlier, the company earned $609,000, or 4 cents a share. Revenue declined 15% to $19.7 million from $23.1 million. For the year, Knickerbocker lost $28.7 million, or $1.
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