EXHIBIT
99.1

(LENOX GROUP INC)

LENOX GROUP
COMPLETES $275 MILLION REFINANCING PACKAGE

Announces investor conference call
scheduled for
Tuesday, April 24 at 9:00AM ET/8:00AM CT

EDEN PRAIRIE, Minn., April 16, 2007
Lenox Group Inc.
(NYSE:LNX), a leading tabletop, collectible and giftware company, today announced
that it has completed the refinancing of its $275 million revolving credit and
term loans. The new financing package includes a $100 million secured term
loan, which bears interest at LIBOR plus 450 basis points and has a final
maturity date of April 20, 2013, and a $175 million revolving credit facility,
which initially bears interest at LIBOR plus 200 basis points and has a final
maturity date of April 20, 2012.

Marc L. Pfefferle, interim Chief Executive Officer, said,
We are pleased to have completed this new financing package, which provides us
with increased flexibility to finance our Companys ongoing operations.
Together with the new business plan we have already begun executing, this
refinancing is an important step in positioning the Company to move forward
with a stable financial platform for growth and sustained profitability.

Lenox Group will host a conference call on Tuesday,
April 24, 2007 at 9:00 a.m. Easter Time (8:00 a.m. Central Time) to discuss
with shareholders and the financial community the Companys new business plan
and progress to date on its implementation. The Company plans to announce first
quarter 2007 financial results in early May.

Investors will have the opportunity to listen to a
live Webcast of the conference call over the Internet at www.earnings.com.
To participate, please go to the Web site at least 15 minutes prior to the
start time to register and download and install any necessary software. A
replay will be available at the same location after the call concludes for
those who cannot listen to the live broadcast.

About Lenox Group Inc.

Lenox Group Inc. is a market
leader in quality tabletop, collectible and giftware products sold under the
Lenox, Department 56, Dansk and Gorham brand names. The company sells its
products through wholesale customers who operate gift, specialty and department
stores in the United States and Canada, company-operated retail stores, and
direct-to-the-consumer through catalogs, direct mail, and the Internet.

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Forward-looking statements

This
release contains forward-looking statements about the Companys performance.
These statements are based on managements estimates, assumptions and
projections as of today and are not guarantees of future performance. Any
conclusions or expectations expressed in, or drawn from, the statements in this
press release concerning matters that are not historical corporate financial
results are forward-looking statements that involve risks and uncertainties.
Such risk and uncertainties that could affect performance include, but are not
limited to, that ability of Lenox Group Inc. to: (1) integrate certain Lenox
and Department 56 operations; (2) achieve revenue or cost synergies; (3)
generate cash flow to pay off outstanding debt and remain in compliance with
the terms of its new credit facilities; (4) successfully complete its
operational improvements, including improving inventory management and making
the supply chain more efficient; (5) retain key employees; (6) maintain and develop
cost effective relationships with foreign manufacturing sources; (7) maintain
the confidence of and service effectively key wholesale customers; (8) manage
currency exchange risk and interest rate changes on the Companys variable
debt; (9) identify, hire and retain quality designers, sculptors and artistic
talent to design and develop products which appeal to changing consumer
preferences; and (10) manage litigation risk in a cost effective manner. Actual
results may vary materially from forward-looking statements and the assumptions
on which they are based. The Company undertakes no obligation to update or
publish in the future any forward-looking statements. Also, please read the
bases, assumptions and factors set out in Item 1A in the Companys Form 10-K
for 2006 dated March 15, 2007 and filed under the Securities Exchange Act of
1934, all of which is incorporated herein by reference and applicable to the
forward-looking statements set forth herein.

Contact:

Timothy J. Schugel
Lenox Group Inc.
Tel: 952-944-5600

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