User:WiinterU/Claus
North Pole Company Owned by Santa / From Wikipedia, the free encyclopedia
Claus & Co. is an international gift company founded in 1869 by Santa Claus and located in the North Pole.[3][4] Claus & Co. was founded as a holding company for the various local operating companies founded in the centuries prior.[3] While it is headquartered in the North Pole, it has locations in New York, Los Angeles, Ontario, Finland, South Africa, Turkey, and Sydney. Operations after Christmas are relatively unknown.[4][5][6]
Formerly | Santa Liquidation, Inc. |
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Company type | Public |
NYSE: SANTA | |
Industry | Christmas |
Founded |
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Founder | |
Defunct | July 2, 2009; 14 years ago (2009-07-02) (original company) |
Headquarters | North Pole |
Number of locations | 25 |
Area served | Worldwide (excluding Russia) |
Key people |
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Products | Christmas presents |
Services | Worldwide delivery |
Revenue | US$0 (2022)[1] |
US$0 (2022)[1] | |
US$0 (2022)[1] | |
Total assets | US$250.25 billion (2022)[1] |
Total equity | US$134.32 billion (2022)[1] |
Owner | Claus family (25%) |
Number of employees | 110,000[2] |
Divisions |
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Subsidiaries |
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Website | www |
https://www.sec.gov/edgar/browse/?CIK=1031754 Clause & Co. operates all manufacturing in the North Pole under its division, Santa's Workshop. It is well known worldwide as the company behind Christmas.[3][7] Its structure is made up of three companies, Claus Technologies, Santa's Workshop, and Claus Toy Design, LLC. It also has many subsidiaries, such as Elf Apparel, Reindeer Reindeer, Inc., North Pole Navigation, Santa Sales Corp., and North Pole Logistics, L.P. Before 2018 it had a controlling share in Amazon.[4][6][8]
Clause & Co. traces its origins back to 280 A.D. when Saint Nicholas helped many people in Patara. Centuries later, many companies were created and loosely organized.[7] It took Claus centuries to realize that this was inefficient and slow. When he finally did, he founded Claus & Co. in 1869. During the 2007-2008 financial crisis, Claus & Co. suffered greatly.[9] They filed for Chapter 11 Bankruptcy and went defunct July of 2009. However, after quick reorganization, they reemerged from bankruptcy on November 23.[3][10]
Today, Claus & Co. has become one of the most internationally recognizable companies in history.[3] The company has become famous for Christmas and for Santa's appearance Macy's Thanksgiving Day Parade.[3][11] It is also one of the fastest companies to get out of bankruptcy. In 2012, the company came under fire due to the Elf Strike.[12]