5. ABOUT RUBIE’S COMPANY
RUBIES COSTUME COMPANY
The world’s largest costume designer &
manufacturer.
Rubies II is the largest designer, manufacturer
and distributor of Halloween costumes and
accessories in the world!
Rubie's Costume Company is an American
costumer founded in Queens, New York in 1951.
It is the largest supplier of Halloween costumes
in the world and retails products in the United
States, Canada, Europe, Mexico, South America,
Australia, and Asia.
7. RUBIE’S objective:
• Rubies objectives is to know what occation will
be gathered so that you will know what
costume to provide for your costumers then
gives high quality costumes, brand recognition
and costumers satisfaction.
• | Verify costumes to RoHS and CPSIA
specifications
• | Reduce costs and time needed for third-party
lab analysis
• | Increase process efficiencies
9. WHY RUBIE’S COSTUME GO BANKRUPT?
Rubie’s challenges through 2018 and 2019 primarily due to the continued shift in consumer
preferences toward e-commerce. the onset of COVID-19 impacted Rubie’s ability to obtain
adequate financing to support its seasonal working capital needs. In April 2020, in need of
immediate funding to begin its 2020 Halloween inventory build, Rubie’s determined that filing
for protection under Chapter 11 of the U.S. Bankruptcy Code would provide access to
restricted cash on its balance sheet and allow it to secure the funding necessary to continue to
operate in the ordinary course.
