Robert Allen Duralee Group Owes About $12.6 million to its Top 30 Creditors
Creditors include Valdese Weavers for $2.5 million, P Kaufmann Inc. $660,050, and LA Mills $362,855The Robert Allen Duralee Group owes some $12.6 million in “unsecure[d] claims” to its top 30 creditors, including Valdese Weavers LLC ($2.5 million), P Kaufmann Inc. ($660,050) and LA Mills ($362,855), according to court documents submitted… Read more.
February 14, 2019
Robert Allen Duralee Group Seeks Chapter 11 Protection and Intends to Sell
Trouble for the Second Largest American Supplier of Decorative Fabrics and FurnitureRobert Allen Duralee Group has filed for Chapter 11 protection of the Bankruptcy Code, according to a February 12 letter signed by Lee Silberman, chief executive officer of Décor Holdings Inc, The Robert Allen Duralee Group Inc., and its U.S.… Read more.
February 13, 2019
Valley Forge Fabrics Embraces Digital Printing Technology
Big Pluses: Customizable Fabrics and Shorter ShippingBy RAY PARKER Fort Lauderdale, Fla. -- Valley Forge Fabrics, the largest American contract fabric converter/wholesaler, is a prime example of how digital printing continues to revolutionize the textile industry. “Everything is going to be… Read more.
February 9, 2019
Coulisse and Kvadrat Partner in New Business: Kvadrat ShadeCoulisse, the Dutch window treatment manufacturer, and Kvadrat, the Danish designer-wholesaler of contract and residential textiles, have partnered to create a new business called Kvadrat Shades. The new venture will begin on February 7. The… Read more.
February 8, 2019
One Chinese Mill Exhibits at IMM Cologne, Along with Traditional European Furniture Manufacturers
Some 150,000 Visitors This YearBy RAY PARKER COLOGNE, Germany – Haining Wonderful Textile Co. exhibited for the first time at IMM Cologne, the international furniture trade show held January 14-20. Even though it’s unusual for a mill to exhibit, company officials say… Read more.
February 5, 2019
Japanese Hospitality Market Almost Prepared for 2020 Summer Olympics
$8.5 Billion Spent for Worldwide EventTOKYO -- The hospitality market, along with contract fabrics, got a hefty infusion here, after years of stagnation, due to refurbishment and new construction, such as the new 41-story Hotel Okura, in preparation for the 2020 Summer Olympics… Read more.