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Tuesday
Mar062012

Maclaren is Bankrupt; Bugaboos 4 Life!

Bugaboos are officially taking over the streets of Park Slope everywhere. Maclaren, the stroller-making company that isn't Bugaboo, is going the way of Old Yeller. They've filed for Chapter 7 bankruptcy, meaning that they're completely liquidating the business.

Was it the competition from Bugaboo's fancy cameleon or donkey that did Maclaren in? NOPE. The reason behind their Chapter 7 is much worse. The New York Times reports:

But in late 2009, Maclaren’s cachet was damaged when a million of its strollers were recalled after the fingers of 12 children were amputated on the hinges of its foldable model ... The United States unit of Maclaren has filed for bankruptcy, and among the creditors are seven families whose children were injured and had filed lawsuits, as well as one of the company’s lead designers.

R.I.P., Maclaren. You're going to a better place where you can't CUT OFF CHILDRENS' FINGERS.

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