Brown-Forman Adding Lenox Outlets

W.L. Lyons Brown Jr., chairman and chief executive officer of Brown-Forman Corp., smiles frequently when he talks about the Lenox Inc. division of the Louisville-based corporation. The operating income of Lenox's home-furnishings division -- china and crystal dinnerware and figurine collection -- increased 42 percent in fiscal year 1988, which ended April 30, to $35 million. The ceramic and crystal figurines, such as birds, dolls and horses, are sold by direct mail. China and crystal dinnerware and the figurine collection represented 19 percent of Brown-Forman's total operating income of $192 million in fiscal year 1988, according to Brown-Forman's annual report. (excerpt)

Full text: Business First, Aug 08, 1988
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