May’s Product Picks: A Whimsical Halloween

Choices in scrapbook product go way beyond pumpkins and cobwebs for Halloween these days. There are a variety of choices in style, color, and mood in the latest lines, and today I’m going to spotlight some of my picks from this season for your fun and whimsical Halloween pages.

I’m not always a fan of trendy purple in my Halloween product, but with the super fun designs and very useful papers that make creating layouts a snap, I’ve fallen in love with Echo Park’s “Happy Halloween” collection. This new company is impressing me more and more with each new release, and this one is no exception. [available now at  Scrapbook.com | Two Peas]

Clutching our precious first bag of candy corn, my daughter’s photo went so perfectly with the papers and embellishments in the kit from Echo Park. I love the patterns and how fun they are to mix-and-match together. The stickers are cute too. They are a nice mix of big and small shapes.

Supplies:
Echo Park Sticker Sheet  [Scrapbook.com |Two Peas]
Echo Park Alpha Stickers  [Scrapbook.com | Two Peas]
Echo Park Jack-O-Lantern paper [Scrapbook.com | Two Peas]
Echo Park Skull paper  [Scrapbook.com | Two Peas]
Echo Park purple stripe paper  [Two Peas]
Tim Holtz Stickles in Marmalade   [Scrapbook.com | Two Peas]
Ranger Enamel Accents in White   [Scrapbook.com]
Scrapbook Adhesives by 3L MyStik tape runner [Scrapbook.com]

Another fun choice, right down to the festive flourishes, comes from Creative Memories and the aptly named “Cheerful Halloween” collection.

Next look at this favorite paper of mine and you can see that American Crafts is full of treats with the Boo collection. [available now at Scrapbook.com and Two Peas]

Still looking for more? I also recommend Doodlebug’s Spooky Town collection. It’s so full of their trademark cuteness, it makes me feel like a kid again. [Scrapbook.com | Two Peas]

I hope you liked the treats I shared with you here today. I’m looking forward to scrapbooking with lots of sweet products this season almost as much as I am looking forward to the candy itself. If you have a favorite product or style you like to scrapbook Halloween with, please feel free to share in the comments below!

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Lots of Changes at Creative Memories

A couple of recent St. Cloud (Minn.) Times articles have detailed a series of events at Creative Memories that seem to indicate the company is still working on recovering from its bankruptcy last year:

  • Asha Morgan Moran, the last remaining member of the Morgan family to hold a position with the company, resigned as the company’s Global President & CEO last month after the board of directors decided to replace her as CEO and offer her a different position. She was replaced by Chris Veit, who joined the company as COO after the bankruptcy.
  • The company announced May 11th that it was cutting 30 jobs, 6% of its payroll, mostly in its St. Cloud offices.
  • Sales from Nov. 2009 to April 2010 “suffered” in the recent words of Veit to the St. Cloud Times.

In other key statements to the media recently, Veit indicated that the company plans to release new products in August, and also acknowledged that the company cannot rely solely on growth in digital product sales to rescue the company.

In a related matter, although it doesn’t directly involve Creative Memories, former employee shareholders are still involved in a lawsuit against various individuals and firms that the suit blames for the loss of the employee shareholders’ pension value in the company’s bankruptcy. The only progress that has been made in the case since Scrapbook Update’s report on it in January is the denial of a motion by one defendant to dismiss the case. Lengthy litigation likely remains in the case.

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Creative Memories Executives Sued By Former Employee Shareholders

The Antioch Company Litigation Trust is suing 30 executives and firms who worked for Creative Memories over the company’s 2008 bankruptcy filing.

The trust was founded and funded as part of  The Antioch Company’s bankruptcy to serve the employee shareholders whose savings and retirement accounts held in Antioch Company stock were wiped out by the bankruptcy settlement. The trust’s purpose is to pursue compensation for those losses.

The list of defendants being sued by the Trust in the case include:

  • Lee Morgan
  • Asha Morgan Moran
  • Chandra Attiken
  • Steve Bevelhymer
  • Nancy Blair
  • Ben Carlson
  • Candlewood Partners LLC
  • CRG Partners Group, LLC
  • Michael Epstein
  • Evolve Bank and Trust
  • Karen Felix
  • Greatbanc Trust Company
  • Barry Hoskins
  • Houlihan, Lokey, Howard & Zukin, Inc.
  • Kimberly Lipson-Wilson
  • Wayne Alan Luce
  • Jeanine McLaughlin
  • Marty Moran
  • Lee Morgan GDOT Trust #1
  • Lee Morgan GDOT Trust #2
  • Lee Morgan GDOT Trust #3
  • Lee Morgan Pour-Over Trust #1
  • Lee Morgan Pour-Over Trust #2
  • G. Robert Morris
  • James Northrup
  • Paul Ravaris
  • Reliance Trust Company
  • Denis Sanan
  • Malte Von Matthiessen
  • Frederick Walker

Many in the scrapbook industry will recognize the name of CRG Partners. It is the same firm of turnaround/bankruptcy consultants that was hired by CK Media to advise it prior to its sale to New Track Media last year.

According to a statement issued by a representative on behalf of the members of the trust, the reason for the suit is that:

The Trust alleges that all of the defendants put their own interests ahead of the Company’s interests and that this self-dealing caused the Company’s demise.  The Trust alleges that Lee Morgan and Asha Morgan-Moran, both former chief executive officers of the Company, along with the officers and directors they enlisted, used The Antioch Company’s employee stock ownership plan to take enormous amounts of cash out of the Company, leaving it saddled with debt and in the hands of ineffective and conflicted management.  Even though the Company was entirely employee-owned, the Trust alleges that it was always operated for the benefit of the Morgan family and to the detriment of employees and creditors.  Among other things, the Complaint seeks an unspecified amount of damages for breaches of fiduciary duties and professional negligence.

The Yellow Springs (OH) News has taken an excellent look at events in the case that provides more details of the suit’s allegations.

Defendants in the case have until later this month to respond to the suit. A representative for Creative Memories has not responded to a request from Scrapbook Update for comment on the case.

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Top Scrapbook News Stories of 2009

It’s time to say goodbye to 2009…here’s a look back at the top scrapbook industry news stories of the year.

Paris Hilton Does CHA

The CHA crowd is used to having the likes of Vanna White and Martha Stewart grace the show with their presence. But the show has never quite seen a spectacle like happened at CHA-Winter 2009 in Anaheim when Paris Hilton strutted onto the show floor trailed by a posse of burly bodyguards and foreign paparazzi.

paris-arriving-webWell, now I can check “getting elbowed by German-speaking paparazzi” off my bucket list at least.

Creative Memories Files Bankruptcy

Although the bankruptcy of Creative Memories was technically filed in late 2008, the disposition of it continued into 2009. The court approved the company’s bankruptcy plan on January 9th, but former company officers still face legal action from former employee shareholders over their actions in regard to the bankruptcy plan.

CK Media’s Financial Problems

Stories stemming from the underlying thread of CK Media’s financial issues were a recurrent theme in the scrapbook news in 2009. First Digital Scrapbooking was shut down, and shortly afterward Simple Scrapbooks magazines was closed as well. Scrapbook Update broke the news in February that CK Media had called in turnaround/bankruptcy firm CRG Partners to settle its debts with its creditors under threat of a bankruptcy filing.

In early July, the sale of CK Media’s remaining publications to New Track Media became final, triggering major layoffs at the company.

CHA Craft Supershows

There was something else new at CHA-Summer 2009 besides the venue – the addition of a consumer event that operated the weekend after the trade show. Although controversial when first announced, the Craft Supershow was a massive success in Orlando, and CHA is continuing the event in conjunction with CHA-Winter 2010 in Anaheim.

IMG_6073

Big Names Depart from Creating Keepsakes

As the company foundered this year, a lot of big names departed Creating Keepsakes and its parent company to work on other projects. The departures went all the way to the top of the company, when Creating Keepsakes founding editor Lisa Bearnson announced she was giving up her role with the magazine. Other popular well-known names who departed the company included Becky Higgins, Ali Edwards, Cathy Zielske, and Jessica Sprague.

Stampin’ Up Angers Demonstrators With New IDA

In early fall, Stampin’ Up issued a revised IDA (independent demonstrator agreement) to all of its demonstrators that included new restrictions on their online activity. Stampin’ Up originally interpreted the new guidelines as meaning Stampin’ Up reps couldn’t link to anyone online who linked to anywhere else that sold or promoted non-Stampin’ Up products. Many reps threatened to resign rather than live with restrictions that would force them to remove themselves from a large portion of the online community, and Stampin’ Up was forced to loosen the guidelines.

Memory Makers Ceases Publication

In early May, Scrapbook Update broke the story that F+W Media was planning to shut down Memory Makers Magazine with the Sept/Oct issue. This news was confirmed by the publication the next day. The magazine’s remaining subscriptions were picked up by Northridge Media for digital fulfillment with an all-access pass to its titles.

Melody Ross Departs Chatterbox, Company Shelved by Ultra Pro

In early July, Chatterbox founder Melody Ross revealed that she had departed the company back in April. At CHA-Summer, a rep for Chatterbox parent company Ultra-Pro confirmed to Scrapbook Update that the Chatterbox brand’s product lines were being discontinued. Ten years ago, the company was revolutionary in the industry. Now, it no longer exists.

Lenders Attempt to Force Wilton Brands Bankruptcy

After holding company Wilton Holdings breached covenants of loans it owed, the parent company of EK Success and K&Co was called into bankruptcy court by lenders who filed a petition to force the company into bankruptcy. The issue was eventually settled out of court by the lenders and Wilton. Later in the year, Wilton’s CEO resigned, saying that the new ownership should have an opportunity to select their own management.

Gypsy Introduces New Era Of Scrapbook Electronics

Shortly before CHA-Summer, Provo Craft started executing a viral marketing campaign to raise buzz on its new electronic accessory for the Cricut called the Gypsy.

The campaign was successful at raising buzz on the Gypsy, which is a handheld device that lets users create designs from their cartridge library and then cut them via their Cricut machine. Probable future plans for the device include the ability to purchase individual cut designs from an iTunes-style store, instead of having to purchase entire cartridges.

The Gypsy debuted with an HSN package and a 30 day exclusive run at Michaels. Although the MSRP is $299, over the holidays the street price seems to be hovering around $250.

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Creating Keepsakes Gets New Back Cover Advertiser

The October 2009 issue of Creating Keepsakes is hitting mailboxes, and for the second time this year the magazine has a new back cover advertiser. The new issue has Michaels Stores on the back cover advertising their October exclusive to sell the Gypsy for Cricut.

In April 2009, Creative Memories became the new back cover advertiser for Creating Keepsakes. The slot had been vacated by direct sales company Close To My Heart after many years, because CTMH decided to focus their advertising efforts online. Creative Memories only stayed for 6 issues, however, and isn’t present at all in the October 2009 issue.