Wednesday, February 3, 2010

Message from Kiddie Kandids Former Management Team – January 26, 2010

Dear Kiddie Kandids Customers and Employees,

We are deeply saddened by the sudden closure of Kiddie Kandids. This is a tremendous loss for everyone concerned, including our loyal customers and our many wonderful employees and their families. We were surprised and profoundly disappointed by the banks' sudden decision to immediately terminate all funding for Kiddie Kandids, which resulted in our customers and employees receiving no advance notice of the company's failure. Our hearts go out to each of you, our devoted customers and our great employees, more than words can express.

Because of the sudden and immediate loss of funding, on Tuesday, January 12, 2010, Kiddie Kandids had to file Chapter 7 bankruptcy. There is now a trustee in charge of Kiddie Kandids LLC.