Swadeshi Rises Up Against the Trend Away From All Silk But Also Produces Polyester Blends
BANGALORE, India — The business of pure silk exports is now a thing of the past but companies like Swadeshi Silks, Bangalore, chose to adapt to the new realities rather quickly. Swadeshi currently sells US$6 million a year and is targeting… Read more.May 22, 2014
Square Yard’s Brian Katz Changes 20 Year Business Model
LAS VEGAS, Nevada—Square Yard, a 23 outlet retail chain based here has turned to a more traditional purchasing model to better suit the industry wide growth in Chinese and Indian textile sources according to company principal Brian Katz.Katz… Read more.May 22, 2014
North American Fabric Jobbers Generally Report Positive 2014 Sales Results With More to Come Second Half
North American home fabric wholesalers report an improved sales result for the first quarter of 2014 after a rocky 2013, with many executives enthusiastic about the balance of the year.“Business is the best it has been since the recession… Read more.May 22, 2014
EuropaTex International Builds Huge Trim, Fabric Business In Just Ten Years
JERSEY CITY, New Jersey — Quietly, EuropaTex International has become an important force in trimming in the USA with an annual sales growth of ten percent since 2004 with 20 percent more growth expected in 2014 according to Greg Kiriakou,… Read more.May 22, 2014
Keystone Weaving Plans Sale to Burlington Technologies
Lebanon, Pennsylvania — Mike Durham, President, CEO of Burlington Technologies and Sloan Caplan, President, CEO of Keystone Weaving announced May 7 that BT has signed a letter of intent to purchase KW. The purchase will include the KW… Read more.May 22, 2014
Proposte Produced Some Surprises
COMO, ITALY—Proposte managed to produce a few surprises this year in spite of the harsh economic environment in Europe which seems to be turning a corner.Spanish exhibitors at Proposte like Crevin, Aznar and Vilber were very active this year… Read more.May 19, 2014
After 25 Years, Agnetta, Giber Part Company
MILAN— Piero Agnetta, a well-known consultant, and specialist in the Russian market as well as an agent to the Italian textile industry says he has ended his 25 year representation agreement with Giber srl, a weaver of wide width sheer curtain… Read more.May 4, 2014
Rubelli Buys Hinson Brand, Certain Designs for Product Relaunch
NEW YORK—Rubelli has purchased the name and some of the designs of H.L. Hinson & Company from its owner, Olivier Peardon, according to Andrea Favaretto Rubelli, President & CEO, Donghia, Inc., a Rubelli division.Since September 1,… Read more.April 30, 2014
