Material Bank Raises $28 Million for Expansion, Amid 200% Revenue IncreaseNEW YORK -- Material Bank, the materials company for the architecture and design industry, has announced it has secured $28 million, which is led by Bain Capital Ventures. Material Bank will use the funds to accelerate expansion into new categories,… Read more.
May 3, 2020
F&FI Webinar: Doing Textile Business During and Post-COVID-19
Watch the Zoom Webinar Recording NOWThe COVID-19 pandemic has altered how textile companies operate their business and global supply chain. In this 1-hour webinar, participants will hear from experts in the textile industry about how they are dealing with supply chain issues,… Read more.
April 29, 2020
Heimtextil Colombia Launches April 2021 in MedellinMEDELLIN, Colombia -- A new textile trade expo called Heimtextil Columbia will launch April 27-29, 2021 here in Medellin. Heimtextil is the biggest international trade fair for home and contract textiles. The flagship fair is in Frankfurt and… Read more.
April 27, 2020
Enduratex Launches Educational Vlog Series: Vinyl 101
A new, online learning tool to view any time, even at homeCORONA, Calif. -- Enduratex, a provider of performance upholstery fabrics, has created a video blog (vlog) series to educate the design community on the many terms, technical processes, and differences of coated fabrics. “We received numerous… Read more.
April 21, 2020
Global Supply-Chain Expert: U.S. Businesses Reopen in May, Rise During Summer, Recovery in September
Freight costs could doubleNEW YORK -- U.S. businesses will reopen in the first two weeks of May, rise throughout the summer, and in September show the first signs of recovery, says Thomas Cook, CEO of Blue Tiger International, which helps companies with global supply-chain… Read more.
April 14, 2020
Robert Allen Wants Only Sales From Warehouse Stock
RADG is “ghost” of the company that once was the second largest U.S. supplier of decorative fabrics and furnitureMIAMI BEACH, Fla.—It will be a year next month that real estate developer Brant Enderle bought Robert Allen Duralee Group (RADG) out of bankruptcy for $19 million. Today, he’s reportedly selling its inventory at full wholesale and telling… Read more.
April 10, 2020
ITA Cancels June 2020 Showtime Market
Next Showtime market remains as scheduled for November 15-18, 2020HIGH POINT, N.C. – Based on the effect of COVID-19 on the home furnishings industries and current business conditions, International Textile Alliance has canceled its spring Showtime market. Initially rescheduled to June 12-16, 2020, to help… Read more.