HIGH POINT, North Carolina — Costa Blanca Textiles, a Spanish upholstery maker, has cited the depreciation of the U.S. dollar as the reason behind its impending exit from the country's market. The company's Unisuede microfiber line will be acquired by JLA Home Fabrics for an undisclosed amount.
The Unisuede line will continue to be produced in China and then stocked in JLA's Reidsville, N.C. storehouse. JLA, a globally integrated home furnishing products company, has showrooms throughout the world including New York, Ontario and Shanghai.
NOTTINGHAMSHIRE, England — Romo, a U.K.fabrics and wallcoverings company, announced that it is the recipient of the Queen's Award for Enterprise and International Trade.
Romo has been acknowledged for increasing its export sales through distribution to more than 40 countries. In just six years, the company's export sales increased more than 125 percent, with main exports to Europe and the U.S.
NEW YORK, New York — WestPoint Home has appointed John Piazza the home textile producer's new president and CEO, replacing former CEO Joe Pennacchio. He will also serve the same positions for the parent company, WestPoint International, and sit on both companies' board of directors.
HIGH POINT, North Carolina – Daewoo International, South Korea's leading international trading company that makes everything from rubber gloves to urethane leather for car seats as well as Nike and Reebok shoes, will attend Showtime in June for the first time. According to Richard Kang, manager for Daewoo's textile home furnishing division, the corporation now plans to establish itself as a major upholstery fabric and furnishings manufacturer and supplier.
EAST GREENVILLE, Pennslyvania - Knoll, Inc. announces the formation of a new high end textile brand called Knoll Luxe. Designed by creative director Dorothy Cosonas, the line incorporates the modern, minimalist style of Florence Knoll who started the industry's first commercial textile program in 1947. Knoll Luxe will gear towards the high end corporate and hospitality markets, as well as the residential designer.
MIDDLETON, Massachusetts -Regal Fabrics will be the exclusive source for the continued production of the residential furniture fabrics formerly produced by Hafner Inc.
TEL AVIV, Israel - ''Nachik by Ilith'' will be unveiling its new ''Organic Charm'' collection at Scoperta 2008. ''Nachik by Ilith'' is the export brand of Ilith Ltd. which was founded in 1972 in Tel Aviv, Israel by the Weberman family. The concept of the company is to develop a complete line which represents the current fashion and incorporate it into various types of fabric which will be offered at very competitive prices with low minimum orders.
BIELEFELD, Germany –JAB is executing plans to open one of the Emirates' first full-fledged luxury showrooms in Dubai's famed Burj in the next few years.
OSSINING, New York - Fabrics and Furnishings International learned that Bella-Dura fabrics have achieved a Silver certification and are classified as "preferred products" by MBDC (McDonough Braungart Design Chemistry). A limited but presently expanding color-line has achieved Gold certification through MBDC.
These certifications confirm that Bella-Dura meets or exceeds MBDC's strict standards for human and environmental health, environmentally preferable materials, strategy for renewable energy, and a comprehensive material re-utilization program.
CONCORD, North Carolina—Heritage House Fabrics LLC has made its second acquisition since its founding in 2000 with the all-cash purchase of Belle Fabrics, originally a successful converter of prints and then an importer of jacquards from Italy, Belgium, India and China.
The exact purchase price was not disclosed by Tom Hilb, the principal and founder of Heritage. He indicated there would be more acquisitions in the future as a way to successfully grow in the market today.