Competition
‘Two of the Group's established competitors include
is adiviston of Corning Incorporated (known as Comming Glass Works until 1989) based
Coming, N'¥. Steuben offers a full line of luxury glass products including barwam |
stemware, vases, and decorative pieces, These.items are crafted afmosLexchisively ow |
Eicar glass) In 2003, Steuben added sever product lines includ, barware, stemysicyame |
[iableware progaced in Germany to its portfolio. However, most of Steuben’s glassware = |
designe ed at the company’s Corning headquarters. The company distribess |
its Sao taal ius Web site and specialty retailers] Steuben makes up a relatives |
small portion of Coming’s sales. The division, aggregated with several a oe
sions, comprises approximately 8 percent of Corning’ total sales Or
million,
Baccarat is a French crystal company based in Levallois Perret, France, with a wade
range of Inxury glass items including jewelry, tableware, stemware, lighting, and decors
tive crystal, Baccarat is well known for its vividly colored glassware and contemy
Feige nasa “Tn addition to glassware the company offers fashion accessories crafted from
Blver, and precious stones. Bacearat-a to-products through high-end retailers
| throughout the world, Baccarat hadscales of $187 million in2006 agi’net income of SIGE
million. j