Panaz Holdings Buys Chase Erwin; Stonnell Named CEO
LANCASHIRE, UK--Panaz Holdings has acquired Chase Erwin, a residential fabric editeur based in London. The purchase price was not disclosed. Lauren Stonnell has been named CEO of Chase Erwin. She was previously General manager of Chase Erwin… Read more.June 10, 2022
Teppel Buys Samelson Chatelane
NEW YORK—Mark Teppel, President of Charles Samelson Inc. the converter, has purchased 100% of the company from Harry Samelson as of December 31, 2021. The purchase includes ownership of Chatelane and Coral Fabrics divisions. The purchase price… Read more.June 10, 2022
SCENE AT CRUISE SHIP INTERIORS EXPO, MIAMI BEACH
James Lewis, account manager for Sunbury Design, a 75-year-old business owned by Lewis & Co. in London, with Gunnar Bratland, global sales manager, maritime, of Ekornes, Ikornnes, Norway. The cruise industry is slowly awakening from the sleep… Read more.June 9, 2022
LETTER TO THE EDITOR
Baydar: Vanelli Appoints US Sales Reps, Adds ERP, Unifies Ops, Maintains Sales
BURSA, Turkey—“There are major changes here at Vanelli, “ says Mevlut Baydar, Chief Sales Officer. “For the first time in our history, we have appointed independent sales representatives in the USA: Randy Schmitt on the West Coast; Steve… Read more.May 31, 2022
Letter From Proposte in Como and Hometex, Istanbul
By Antonis Stamatoulakis
It was so nice to see you again during our industry’s show in the incomparable beauty and elegance of Cernobbio and Como. Was it a commercially successful event? Against all odds and a challenging world, against the dramatic geopolitical… Read more.May 23, 2022
Rollie Attard Named Panaz CEO
LANCASHIRE, UK—Rollie Attard will be superseding his father, Tony Attard, as Panaz Ltd.’s new Chief Executive Officer. Tony will become Chairman of Panaz Holdings after leading the firm for 35 years. As Panaz’s new CEO, Rollie will be… Read more.May 18, 2022
Kravet Recognized as a US Best Managed Company
Woodbury, NY — For a second year running, Kravet Inc. has been selected as a 2022 'US Best Managed Company' by an external panel of judges.The program recognizes outstanding U.S. private companies and the achievements of their management teams.
The 2022 designees are U.S. private companies that have "demonstrated excellence in strategic planning and execution, a commitment to their people and fostering a dynamic, resilient culture, as well as strong financials,” according to the two sponsors, the two sponsors Deloitte Private and The Wall Street Journal.
. "This year’s designees continued to propel their businesses forward by prioritizing purpose, investing in their workforces, and demonstrating their commitment to diversity, equity and inclusion,” the sponsors say.
Cary Kravet, CEO of Kravet Inc. says, “It is an honor to receive this award for the second year in a row. To be selected among the many other incredible companies is a testament to our entire team. The Kravet mission has always been to be a resource to the interior design community and that includes our employees. After over one hundred years of dedication to these core constituencies, we hope to continue this legacy of service for another century."
Kravet joins a global ecosystem of honorees from more than 40 countries recognized by the Best Managed Companies program.
About the Best Managed Companies Program
The Best Managed Companies program is considered a mark of excellence for private companies. U.S. designees have revenues of at least $250 million. Hundreds of private companies around the world have competed for this designation in their respective countries through a rigorous and independent process that evaluates four key criteria in their management skills and practices — strategy, execution, culture and governance/financials. U.S. program sponsors are Deloitte Private and The Wall Street Journal.
About Kravet Inc.
Kravet Inc., established in 1918, is one of the premier resources and industry leader for home furnishings, available exclusively to the trade. A fifth generation family business, Kravet Inc. has grown to offer fabrics, furniture, wallcoverings, trimmings, carpets and accessories. Continued commitment to innovation has helped the company transform from a small fabric house to a global leader, representing brands and designers from all over the world. Kravet Inc. owns Kravet, Lee Jofa, Brunschwig & Fils, GP & J Baker and Donghia, and distributes a series of other high market brands. Kravet Inc. also offers an edited collection of high end products across all categories for the home through CuratedKravet.
May 11, 2022
Some Italian Mills Raise Prices 10 Percent Due to Higher Energy, Raw Material, Shipping Costs
COMO—Exactly 18 Italian upholstery mills blame “out of control” energy, raw material, and shipping costs for a 10 percent price hike in fabrics as of April 1 according to a letter sent to many editors and other customers in the USA and… Read more.May 10, 2022
