Hunsberger Named Culp President
HIGH POINT, N.C. Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) today announced that its board of directors has named Mary Beth Hunsberger as President of Culp Upholstery Fabrics, effective July 27, 2024. Her… Read more.July 23, 2024
Joanne Hovesen Passes
TORONTO, CA — “It is with deep and profound sorrow that we announce the passing of the matriarch of our family— Joanne Hovesen,” said a joint statement from her daughters Kim and Shelley and their father Bernard Hovesen. The Hovesen… Read more.July 18, 2024
Belgium’s Calcutta/Annabel Closes, Seeks Buyer to Save 80 Mill Jobs
EVERGEM, BE—Calcutta, the oldest textile company in Belgium, (176 years in business) and Annabel closed its doors in June and filed for bankruptcy. The action to close was taken in the face of a sudden drop in orders, and a sharp increase… Read more.July 17, 2024
Creative Director Michael Day Will Leave Swavelle; Mill Creek President Richard Hanfling Still in Coma
NEW YORK—Two major holes are currently left in the Swavelle Group fabric executive suite with the expected fourth quarter departure of Michael Day, a 30-year veteran of the company. Greg Thomases, Swavelle Group CEO, says Day has not left… Read more.July 10, 2024
Garrett Leather Acquires CTL
Buffalo, NY—As of July 1, Garrett Leather has acquired CTL Leather (founded in 1993) in Toronto, CA. The purchase price was not disclosed. Both brands will be sold through Garrett Leather’s sales network starting in mid-September. CTL Leather's… Read more.July 2, 2024
Valley Forge Sells CDI Workroom After 7-Years
POMPANO BEACH, FL—With the recent sale of Contract Décor International, Valley Forge Fabrics Inc., the 47-year-old hospitality fabric specialist, has for now closed the door on becoming a more vertical supplier to focus on its core business… Read more.July 1, 2024
NeoCon Scores Record Attendance; But Some Thought Traffic Was Lighter This Year
CHICAGO, ILL.— NeoCon saw a continued migration of major contract furniture manufacturers from showrooms at the Merchandise Mart here to the Fulton Market area which holds ‘Designer Days’ during NeoCon. Miller Knoll and Kimball have already… Read more.June 25, 2024
