What happened Longaberger building?
What happened Longaberger building?
Basket Building Originally, Dave Longaberger wanted all of the Longaberger buildings to be shaped like baskets, but only the headquarters was completed at the time of his death. The company stopped paying property taxes on the building at the end of 2014. Employees moved out in 2016.
Does the Longaberger building still exist?
Though the company closed its doors for good in 2018 and has no plans to return, Longaberger is still a household name in Ohio. At its peak in 2000, Dave Longaberger’s company employed more than 8,200 people, making it one of the primary employers in the Dresden, Ohio area.
Who owns Longaberger now?
Xcel
On Nov. 12, 2019, Xcel and a partner, Hilco Global, a financial services company based in the Chicago suburb of Northbrook, acquired Longaberger’s intellectual property for $750,000, according to SEC filings. A day after the acquisition, Rachel Longaberger appeared on QVC to reintroduce the brand, now managed by Xcel.
Is the Longaberger basket building abandoned?
Soon after, however, sales began to decline and in 2015—in an effort to stay afloat—the company put its famous basket building up for sale. After years on the market, the instantly-recognizable building was purchased in December, 2017 by Steve Coon, an Ohio-based developer.
Can you visit the Longaberger factory?
You can visit the Longaberger homestead, but it’s mostly stores. Arrive early at the visitor information centre and ask about the factory tour. The factory is just next door (2-3 minute drive) and the tour is free.
Is the Longaberger Homestead still open?
The Homestead is closed. The property has been sold. Longaberger is opening up “Patio Shops” in Dresden where it all began when Dave Longaberger was alive.
Who bought Longaberger Homestead?
In November 2019 Xcel Brands and Chicago-based financial-services firm Hilco Global announced their acquisition of Longaberger’s intellectual property. The brand was re-launched that same month with an appearance by Rachel Longaberger, one of Dave Longaberger’s two daughters, on shopping channel QVC.