Actually the Monogram name seems to have disappeared recently. If you enter http://www.revell-monogram.com/ your server will automatically change the address to http://www.revell.com/ . Some of the kits in the meager online catalog obviously are reissues of old Monogram (and Aurora) ones, and lots of boxes with the Revell-Monogram logo on them undoubtedly are still floating around among the distributers, but it looks like the grand old name Mongram is gone. For Olde Phogies like me that seems like a real shame.
It looks like the long-standing name Revell Germany also has been changed - to Revell Europe.
The good news is that the people who recently took over Revell ("Revell North America," that is) are said to have a deeper, more genuine interest in serious scale modeling than their most recent predecessors did. Unfortunately that interest does not seem to extend far into my own personal favorite area: ships. The current U.S. Revell online catalog contains precisely ten ship kits. (I've whined about that situation at ridiculous length elsewhere in the Forum: /forums/2/925254/ShowPost.aspx#925254 .)
Mike V - Dr. Thomas Graham's fine book, Remembering Revell Model Kits, identifies the "primary sculptor" of the original Revell Cutty Sark (and most of the other first-generation Revell sailing ship kits) as "Tom Hogg, an Englishman known around the model ship as 'Captain Tom.' He was a sailing ship enthusiast who filled his home with large wooden ship models." Is that your friend's father? (If not, that doesn't necessarily imply any contradiction between the book and your friend's memory. I'm sure several people worked on the design of each of those kits. But if the reference to Mr. Hogg in the book is incorrect, I'm sure Dr. Graham would appreciate being notified.)
Revell issued several models of the Cutty Sark over the years. I imagine the one you're talking about is the big 1/96-scale one, which was originally released in 1959. It was three feet long (indeed, the first plastic kit that was that big), and one of the true classics of the industry. (I think the one in the picture The Doog posted is one of the smaller versions.) Here's hoping somebody reissues the 1/96 version soon. There are some kits that should always be available; that's one of them.
Youth, talent, hard work, and enthusiasm are no match for old age and treachery.