Ecuador’s Adriana Hoyos, an Upholstery Buyer of $1 Million, Likes Shopping at Proposte
QUITO, Ecuador—Adriana Hoyos Home Furnishings, an upper-end lifestyle line of furniture and home accessories founded in 1994, is now a $1 million consumer of upholstery fabrics purchased directly from mills. Hoyos is the designer and owner… Read more.October 17, 2019
Turkey's Aydin Tekstil Opens New High Point Showroom
HIGH POINT, N.C. -- Turkey's Aydin Tekstil will be opening a new showroom in the Market Square Tower on the 4th floor, located at 305 W.High Ave., to accommodate all product groups for the USA market. Turkey's Aydin Tekstil will be opening… Read more.October 16, 2019
China's Hangzhou Hightex Opens New Factory And Goes Vertical
Low-end market not affected by U.S. tariffs
SHANGHAI -- Hangzhou Hightex Co. Ltd, a manufacturer of upholstery fabrics and finished products, will open a new factory in Hangzhou. Wenlong Lu, president and founder of the company, says the 50,000-square-meter [538,000-square-foot] facility,… Read more.October 14, 2019
Economist Predicts Optimistic Forecast for Next 12 Months: No U.S. Recession
Some 400 Association for Contract Textiles (ACT) 2019 attendees hear about a moderate U.S. economic growth
Wells Fargo Securities Economist Michael Pugliese predicts moderate U.S. economic growth.
October 7, 2019
The Crypton Companies Acquire Abercrombie Textiles
BLOOMFIELD HILLS, Mich. — The Crypton Companies (Crypton LLC and Nanotex LLC), providers of performance textiles in the contract, home furnishings, and apparel markets, has acquired Abercrombie Textiles, a textile mill in Cliffside, N.C.,… Read more.September 15, 2019
Tariff Trend: Chinese Kentex Mills Relied Solely on U.S. Upholstery, But Now Adds Domestic Upscale Curtains
Intertextile Shanghai Exhibitors Say Trade War’s Effects Still Unknown
SHANGHAI – Doris Deng, who has been selling upholstery fabric the last decade in the U.S., has pivoted this year into the Chinese domestic market with upscale curtains. Last week at Intertextile Shanghai Home Textiles [Aug. 28-31], most exhibitors… Read more.September 3, 2019
Koni Hospitality Appoints Steve Ladd as Sales VP
SAN DIEGO – Koni Hospitality has named Steve Ladd as the new executive vice president of sales, responsible for leading sales, developing national accounts and assisting with brand integration. The position means Ladd reports to Donald Flor,… Read more.August 22, 2019
