We have been following the news of Lambertson Truex filing for bankruptcy since it was announced early March. and on Friday it was announced that Tiffany & Co. bought bankrupt Lambertson Truex and hired the designers, Richard Lambertson and John Truex. Tiffany plans to expand their leather goods department and feels Lambertson Truex and the design duo will be a good fit.
We have been fans of Lambertson Truex for years. We were sad to hear that the economy affected them, but are looking forward to see what is to come in the future. We will keep you posted on any updates in the weeks and months to come.
[Story via business Week]