Who owns the Longaberger basket building?

Asked by: Andrew Blaschko

Steve CoonSteve Coon, a Canton, Ohio-based developer who owns Coon Restoration, and his partner, Bobby George, of Cleveland for $1.2 million.

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.

What is the Longaberger basket building used for now?

luxury hotel

The current owners of the company’s former Newark, Ohio–based headquarters—a seven-story, 180,000-square-foot complex modeled after the manufacturer’s signature Medium Market Basket—announced plans to reopen the iconic Longaberger Basket Building as a luxury hotel in 2020.

Did they tear down the Longaberger basket building?

Hotel owner-operator Ceres Enterprises canceled the project due to the impact of coronavirus on the company’s finances, and the building is back on the market, available for $6.5 million.

What is the Longaberger family doing now?

Family involved
Tami Longaberger, former president and CEO of Longabeger and daughter of company founder Dave Longaberger, said she’s excited to be working with the new company’s sales force, along with her sister Rachel, who will make appearances on QVC and Facebook live events.

Are Longaberger baskets worth anything now?

Today, the only pieces with real value are those that are signed and numbered. The handcrafted woven maple baskets made by Longaberger Company of Ohio were a hot item in the 1990s. While some of the baskets originally sold for hundreds of dollars, many are now available for as little as $20.

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 Longaberger making a comeback?

Longaberger baskets are making a comeback under a new owner. Dresden, Ohio-based Dresden & Co. has entered into a license agreement to manufacture the baskets again, in a deal with New York City consumer products conglomerate Xcel Brands, Inc.

Why is Longaberger basket abandoned?

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.

Are Longaberger baskets made in China?

Pottery is the second-largest product line behind baskets, which have always been made in Dresden, east of Newark. In the early 2000s, Longaberger’s supplier of American-made pottery moved its manufacturing to China, and beginning in 2005, Longaberger was forced to import.

How much does it cost to become a Longaberger stylist?

Xcel plans to continue selling Longaberger products through agents, now called “stylists,” who pay $49 a year. For that, they receive a 20% commission on all their sales, a 20% discount on their own purchases and 5% of all sales from team members that they recruited.

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.

Where is the Longaberger basket factory?

east Newark, Ohio

The seven-story, basket-shaped building in east Newark, Ohio—once the main office of the now-defunct Longaberger Company—was offering its first public tour since closing in 2016.