Japanese Hospitality Market Almost Prepared for 2020 Summer Olympics
$8.5 Billion Spent for Worldwide Event
TOKYO -- 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.February 5, 2019
One Chinese Mill Exhibits at IMM Cologne, Along with Traditional European Furniture Manufacturers
Some 150,000 Visitors This Year
By 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
Seasons Furnishings Opens New Flagship Store for Emerging Domestic Market
NEW DELHI – Seasons Furnishings, which operates a mill and offers contract and furnishing fabrics, recently opened a new flagship store catering to a growing domestic market. Managing Director Mandeep Wadhwa says young. professional customers,… Read more.January 20, 2019
Ligne Roset Thrives in China, Opening a Store Every Three Months
COLOGNE, Germany -- Ligne Roset, the tony French furniture company, expects impressive growth in China, already having opened 25 stores with expectations of a new store about every three months. Export Manager Bernard Vinson says the upscale,… Read more.January 18, 2019
Luks Kadife Aims for Greater Share of European Velvet Market with 6 Million Euro Investment
FRANKFURT, Germany -- Luks Kadife, the Turkish wall coverings producer specializing in velvet fabrics, plans to invest 6 million euros in the next four years, seeking a greater share of the 19-million-euro European velvet market. During Heimtextil… Read more.January 14, 2019
Saum & Viebahn Buys Heco
KULMBACH, Germany—Saum & Viebahn, at 118 years old and the third-largest wholesaler in Germany, has purchased Heco. Heco is a 20-year-old decorative fabric wholesaler in Memmingen, Germany. S&V and Heco together have sales of 37 million… Read more.January 9, 2019
Turkey’s RB Karesi Makes Heimtextil 2019 Debut
ISTANBUL— RB Karesi Tekstil Co., a major force in the apparel fabrics business, is getting into the home furnishings business for the first time under the leadership of Mevlut Baydar, who joined the company November 1. Karesi will exhibit… Read more.December 24, 2018
Ajay Singh Wins Back Baumann Dekor
GMUND, Austria — Ajay Bikram Singh, one of two owners of Baumann Dekor GmbH, a textile mill here, has successfully taken the company out of bankruptcy as of December 21. Singh says he is the sole owner of Baumann Dekor since his silent partner… Read more.December 24, 2018
