AT HEIMTEXTIL: Thomases Sees Fabric Prices Moderating

FRANKFURT—In the face of a potential worldwide recession, “I see fabric prices coming down,” says Jeff Thomases, Chairman of Swavelle Mill Creek, a large American converter, mill owner and distributor. F&FI queried Thomases about skyrocketing freight and fabric price increases during the summer Heimtextil Fair here. He was one of the few American buyers at the Fair which was well...