Very Sad News – HSA is Closing Down

This just came across my desk:

“We regret to advise you that after 80+ years of service to the sewing industry, the Home Sewing Association will officially close its doors at the end of the year.

As your elected representatives, we have endeavored to keep the Association operating to fulfill its mission to “Get People Sewing!” Recent marketing programs – including Sew Trendy, Trained Sewing Educator and the Girl Scout kit promotion have shown great promise. In addition, members and sewers alike have benefited from our informative newsletters and website, together with our range of industry and consumer services.

However, we have not been able to absorb the costs – and potential liabilities – of a wrongful termination lawsuit which was filed against the Home Sewing Association in 1996. The lawsuit was tried before a jury in the state of New York in October 2006 and an unfavorable verdict was rendered against HSA.

The Board has engaged in a year-long assessment of the options available to deal with this unfavorable judgment and the additional cost of an award for plaintiff’s attorney’s fees in the case. It is our determination that the Association can no longer provide a viable level of industry service given this enormous financial burden.

Therefore, the Board of Directors of the Home Sewing Association has made the difficult decision to cease operations as of December 31, 2007. The dissolution of the Association and its remaining assets, such as the National Sewing Show, will be managed under the guidance of a chapter 7 bankruptcy of the Court of New York. Updates will be provided when information becomes available from the Trustee on the disposition of assets. We will be filing a bankruptcy petition for HSA in that court shortly.

We wish to thank you for your membership support and wish you continued success in your sewing industry endeavors in the years ahead.”

Sad news indeed. I think I’ll go contemplate on my fainting couch.

About Gorgeous Things

I own an online fabric store, www.gorgeousfabrics.com. Everything else you need to know about me is what I tell you on my blog, darlings!
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