A Little History of Wedgwood Outlet
Wedgwood or formally known as Josiah Wedgwood and Sons, is a pottery firm that is currently owned and managed by KPS Capital Partners (KCP), a private equity company based in New York, USA. However before KPS, this company was founded by Josiah Wedgwood on May 1, 1759. Nonetheless, by 1987, it was merged with Waterford Crystal to create Waterford Wedgwood, an Ireland-based luxury brands group.
Company under Crisis
The company was doing well after that up until it faced years of financial problems in the early 20th century, during the global financial crisis of 2008. In order for the company to survive, it was put into administration and by March 2009 KCP announced it would invest 100m euros and move production to Indonesia to cut costs and return the firm to profit. Due to this, about a thousand and five hundred employees were laid-off in the UK, leaving only a few hundred workers in the UK to produce only the high-end products.
Despite these many changes, Wedgwood products that we all have known through the years have not degrade in quality and make. Wedgwood Outlet stores are still among the most popular places shop for potteries, Chinas, and other housewares. You can actually visit the Wedgwood online outlet store to get the most information on their new products and collections. Other than that, you can also avail of the special offers and discounts that are given when you buy them online.
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