Fabricut Buys High-end Editeur Clarence House
March 15, 2019
TULSA, Okla. – Fabricut, one of the largest American wholesalers, has bought high-end editeur Clarence House, according to a source close to the negotiations, who did not want to be identified.Fabricut was the second largest company on the F&FI Top 25 North American Jobbers List and the acquisition could help it gain access into the upper end of the decorative fabric industry.
Robin Roberts started Clarence House in 1961. Famous for its hand-screen printing of fabrics and wallpapers, high-style textures and hand-loomed brocades, Clarence House also offers velvets, damasks, silks, cotton, linens, sheers, trimmings and leathers.
With headquarters in New York, Clarence House maintains showrooms in sixteen regional American design centers, according to the company website. Other showrooms are in London, Greece, South Africa, Australia, and Canada.
Founded in 1954, Fabricut is one of the largest distributors of home decorative fabrics and wholesale fabric. The company is estimated to have annual sales of $125 million. Fabricut and Clarence House officials could not be reached for comment.