December 25, 2014 10:27 AM ET

Household Durables

Company Overview of YCC Holdings LLC

Company Overview

YCC Holdings LLC engages in the design, manufacture, and branded marketing of premium scented candles in the giftware industry. The company operates in three segments: Retail, Wholesale, and International. It offers various jar candles, Samplers votive candles, Tarts wax potpourri, pillars, and other candle products marketed under the Yankee Candle brand. The company also sells a range of other home fragrance products, including electric plug home fragrancers, decorative reed diffusers, room sprays, potpourri, scented oils, and co-ordinated candle related and home decor accessories; and provides auto air freshener product line, travel sprays, and other products to fragrance cars and small sp...

16 Yankee Candle Way

South Deerfield, MA 01373

United States

Founded in 2006

2,500 Employees

Phone:

413-665-8306

Key Executives for YCC Holdings LLC

Chief Executive Officer
Age: 51
Chief Financial Officer
Age: 34
Chief Marketing Officer and President of Consumer Direct
Age: 49
President of International
Age: 55
President of Wholesale Division
Age: 49
Compensation as of Fiscal Year 2014.

YCC Holdings LLC Key Developments

YCC Holdings LLC Announces Unaudited Earnings Results for the Second Quarter and Six Months Ended June 29, 2013

YCC Holdings LLC announced unaudited earnings results for the second quarter and six months ended June 29, 2013. For the quarter ended June 29, 2013, YCC Holdings reported a net loss of $10.6 million, compared to the above-referenced net loss recorded by the company of $4.9 million. For the twenty-six weeks ended June 29, 2013, YCC Holdings reported a net loss of $17.9 million, compared to the above-referenced net loss recorded by the company of $6.6 million.

Madison Dearborn Reportedly Plans IPO For Yankee Candle

Madison Dearborn Partners, LLC intends to launch an initial public offering (IPO) for YCC Holdings LLC (Yankee Candle) and has selected Bank of America Corp. and Morgan Stanley for the process, people close to the matter said. The people added that an IPO could happen in 2013.

YCC Holdings LLC and Yankee Finance, Inc. Announces Rescission of Redemption Notice

On June 13, 2013, notice was given that the Notice of Redemption issued on May 24, 2013 with respect to the $315,000,000 in aggregate principal amount of 10.25%/11.00% Senior Notes due 2016 of YCC Holdings LLC and Yankee Finance, Inc. was rescinded. Such Notice of Redemption was subject to the satisfaction of the Financing Condition. The company informed holders of the PIK Notes that the Financing Condition will not be satisfied on the PIK Redemption Date. As a result, no PIK Notes will be redeemed.

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