They OWN a Holiday and STILL Can't Make a Profitable Business? Really?

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Subject: They OWN a Holiday and STILL Can't Make a Profitable Business? Really?

Unfortunately, but perhaps not surprisingly, the Private Equity (PE) industry plays a prominent role in the demise of this firm...

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You OWN a Holiday and You STILL Can't Make a Profitable Business? Really?

Hi!

Early in 2019, word came that Sweethearts conversation hearts, the Valentine's day classic, would not be available for this year's Valentine's day giving. Although there are smaller producers of similar products, by some estimates the manufacturer, the New England Confectionery Company, also the makers of iconic NECCO wafers, have made more than 250 billion candy hearts since 1902. Clearly the biggest player in valentine's day heart heart-shaped candy.

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Subject: They OWN a Holiday and STILL Can't Make a Profitable Business? Really?