Latest News

Crew Joins Cortman Textiles

September 9, 2024

Ajay Singh Successful Bidder for India’s Eastern Silk Industries

DUBAI, UAE — Ajay Bikram Singh, owner of Baumann Dekor in Gmund, Austria, was the successful bidder this past February for purchasing Kolkata, India based Eastern Silk Industries Ltd. (ESIL) at a bankruptcy sale. It should be stated clearly that while… Read more.

September 5, 2024

Villa d'Este, Group Buys Como’s Miralago Hotel

After Fifty Year Ownership by Ambrosini Family

COMO, IT—The four-star Cernobbio hotel has been in the hands of the Ambrosini family for fifty years and will now be renovated by new owners, the Villa d’Este Group. Visitors to Proposte in 2025 may not be able to stay at the hotel due to its continuing… Read more.

September 4, 2024

Lewis Joins Beaumont

Chorley, Lancashire, UK—Andrew Lewis has succeeded Matthew Crew as Managing Director of Beaumont Textiles here. Crew held this post since 2019. Prior to joining Beaumont, Crew was managing director of Crowson Fabrics Ltd. for almost 16 years, from 1985… Read more.