THE rebranded Waterford Wedgwood group is targeting a 10% increase in sales in its upcoming financial year, following 12 months of production declines since coming out of receivership.

THERE is strong hope that some of the 480 staff let go by Waterford Wedgwood when the luxury tableware goods company went into receivership in January will be saved.

Two members of the Wedgwood family are mulling over a bid for the ceramics business which bears their famous name.

Two members of the Wedgwood family said today they were considering a bid for the ceramics business which bears their famous name.

Parts of failed china and crystal maker Waterford Wedgwood could be sold to private equity after buyout group KPS Capital Partners signed a letter of intent, administrators announced today.

Three potential buyers were said today to be eyeing up parts of the collapsed crystal and china maker Waterford Wedgwood.

World-renowned company Waterford Crystal is too important to be allowed to shut down, union leaders warned today.

Waterford Wedgwood this morning requested that its shares be suspended from trading on the Irish stock exchange following the appointment of a receiver.

PETER Cameron, the chief executive of struggling luxury goods maker Waterford Wedgwood, has stepped down unexpectedly.

Crystal and china maker Waterford Wedgwood today said poor trading over Christmas left it facing bigger than expected full year losses.

The ISEQ-index has made modest gains since opening this morning with a 10.87 point increase at 9368.34, largely due to promising announcements by two of its members, luxury goods company Waterford Wedfgewood and oil exploration company Providence Resources.

Crystal and china maker Waterford Wedgwood today unveiled plans to raise €100m as it looks to continue the revival of the business through a new restructuring programme.

Crystal and china maker Waterford Wedgwood put an end to falling sales today after it recorded its best performance for three years last month.

JUST over half of Waterford Wedgwood shareholders have agreed to back the company’s latest fundraising drive.

Waterford Wedgwood has cut its losses by €69.2m to €188.9m, a move which the company says signals its progress back to profitability.

THE proposed investment by Waterford Wedgwood to double capacity at its Royal Doulton ceramics manufacturing facility in Indonesia follows the closure of its Tuscan facility in Stoke-on-Trent in Britain.

WATERFORD Wedgwood's nightmare year has continued with first half sales and profits sliding further.

Waterford Wedgwood group CEO Redmond O'Donoghue is to retire from his position.

THE troubled luxury goods group Waterford Wedgwood came a step closer to shedding 1,800 jobs yesterday as shareholders gave the go-ahead for a €100 million rights issue to fund its restructuring.

WATERFORD WEDGWOOD'S woes continued yesterday as the luxury goods group reported rocketing pre-tax losses of €149 million for the year to March.

Beleaguered luxury goods maker Waterford Wedgwood today said its trading troubles had worsened after losses more than tripled last year.

Jim Morahan

The financials helped the ISEQ to surge towards the 6000 barrier today with excellent half-year results from Anlo Irish Bank a major contributor to the rise.

The ISEQ had the 6000 barrier within its sights after it surged in early trading today.

Waterford Crystal’s flagship factory in Dungarvan is to close with the loss of almost 500 jobs, it was confirmed today.

Luxury goods group Waterford Wedgwood said today it planned to cut 1,800 jobs as part of a major restructuring of its operations in Ireland and the UK.

Fine crystal and china maker Waterford Wedgwood today said it may have to cut jobs after warning on profits following disappointing New Year sales.

Waterford Wedgwood has warned that its financial results for the year to the end of March will be below market expectations.

SHARES in Waterford Wedgwood fell by as much as 36% yesterday after the company’s finance director quit to become finance boss at AgCert International Ltd.

Luxury goods maker Waterford Wedgwood saw its FTSE share price tumble by as much as 30% today after its finance director resigned after less than a year.

THE ISEQ finished 51.72 points weaker at 6460.29 yesterday, as investors took their profits.

Troubled luxury goods group Waterford Wedgwood has announced details of its compulsory acquisition of outstanding shares in British chinaware manufacturer Royal Doulton.

Luxury goods group Waterford Wedgwood is today to complete its acquistion of shares in British china maker Royal Doulton.

WATERFORD WEDGWOOD’S takeover of British chinaware manufacturer Royal Doulton will be completed by February 15 after the luxury goods group said yesterday that the deal had the backing of 90% of shareholders.

The ISEQ index of Irish shares is up 38.59 points to 6466.02 this morning.

Dan Weeks, Bloomberg

Ian Guider

Waterford Wedgwood takeover target Royal Doulton said one of its major shareholders had reduced its stake from 17.2% to 16%.

THE Irish Market closed in positive territory for the sixth day in a row, adding to its all-year high, posting an increase of 24.33 points to 6173.53.

WATERFORD WEDGWOOD yesterday struck a takeover deal with the board of Royal Doulton that values the British chinaware manufacturer at €58 million.

The ISEQ index enjoyed a late surge in afternoon trading today to climb 24.33 to 6.173.53 at the close of business today.

Gains by financial stocks boosted the London market today as traders shrugged off negative momentum from across the Atlantic.

The financials suffered losses this morning as the ISEQ index of shares gained just 7.69 points in early trading to stand at 6156.89.

Waterford Wedgwood this morning announced the terms of its offer for British china company Royal Doulton.