Brant Enderle Buys RADG for $19 Million
Real Estate Developer Was Only Bidder
KNOXVILLE, TN—Lee Silberman, CEO of RADG (RobertAllenDuraleeGroup) Hauppauge, NY and his entire management team was reportedly dismissed as of Friday, April 26 by the new owners of the company. Read more.May 1, 2019
Next Retails Soft Home Brands, Boosts UK Fabric Sales
LONDON—Next is giving the UK fabrics industry a big boost as it ramps up soft home furnishings sales to 7 percent of overall sales, according to trade reports. That translates to about $280 million in sales at retail, according to the public… Read more.May 1, 2019
East Coast Buys Fabricade Property
BOHEMIA, N.Y. —Fabricade, a 61-year-old jobbing operation owned by Larry Gould, closed its doors this past February, but it has successfully sold its brand, jobber books, and inventory to East Coast Fabrics, Ltd. in Richmond Hill, Queens,… Read more.April 29, 2019
Proposte Organizers Say Earlier April Dates Attract More Visitors
CERNOBBIO, Italy -- Proposte organizers say the first day of the fair, which this year started a month earlier on April 15, attracted more visitors than previous years. Officials tried something new this year by linking Salon di Mobile, which… Read more.April 16, 2019
Sutlej Textiles & Industries Limited Buys American Silk Mills; Sights on U.S. Market
HIGH POINT, N.C. -- In what could be a first, a major Indian textile company, Sutlej Textiles & Industries Limited, recently bought an American mill, American Silk Mills (ASM). “We see this as a step to get into the U.S. market,” C. S.… Read more.April 8, 2019
Ashley Wilde Buys Voyage Maison, a $20 Million Converter, Soft Home Furnishings Manufacturer
LONDON — Ashley Wilde Group has acquired Voyage, a $20 million converter from its founder Ian Dykes. The announcement of the purchase was made at the end of March by Ashley Brodin, Managing Director of Ashley Wilde Group. Ashley Wilde has… Read more.April 5, 2019
ITA Changes Showtime Dates
New Dates Nov. 17-20, 2019, May 17-20, 2020, and Nov. 15-18, 2020
HIGH POINT, N.C. – International Textile Alliance (ITA) officials say they have revised the dates of its upcoming Showtime Market to better align with the industry’s product introduction and buying cycles. Starting with its Fall/Winter… Read more.March 31, 2019
