My Twinn Goes Bust

Greenwood Village, CO-based doll cataloger My Twinn a shut down operations less than a week before Christmas, leaving some customers without holiday merchandise. The eight-year-old company specialized in creating dolls personalized to resemble “the special child in your life.”

Calls to Kenn Thiess, chief executive officer, were not returned at press time nor had the company filed for bankruptcy protection. According to its Website, My Twinn ceased operations on Dec. 19 but is seeking a buyer for the business.

According to a report by Denver television station KUSA, My Twinn took 75,000 holiday orders. KUSA says My Twinn told customers to expect shipments within 45 days. All manufacturing, assembly, and shipping are done from China.

“For the past two years we have tried to satisfy several millions of dollars in lingering obligations arising from the 2001 holiday season and the tragic events of September 11th," the Website states." For holiday 2001, says spokesperson Dave Ligget, My Twinn had sent out an additional 4 million-5 million prospecting catalogs scheduled for in-home delivery on Sept. 10. The company lost millions in anticipated revenue that year and was never able to recoup those losses.

This year the company had been able to bring the price of the doll down from $140 to $79, Ligget says, but My Twinn lacked the funds to effectively promote the savings.