UK Fabric Companies May Pursue Losing Strategy
STOCKTON ON TEES, —UK—UK based furnishings fabric retailers, wholesalers and converters are risking their survival by chasing an increased sales policy according to a recent report written by Plimsoll Publishing Ltd.The Plimsoll study said… Read more.September 30, 2012
Marzotto Saves Radaelli Velluti
MILAN--Marzotto Group, a 175 year old manufacturer of yarns and blankets, has acquired Redaelli Velluti, an historical silk mill founded in 1893 that closed months ago in bankruptcy. Radaelli Velluti has been a manufacturer of jacquard,… Read more.September 30, 2012
Saudi Businessman Sheik Al Jaber Saves Backhausen From Bankruptcy
HOHENEICH, AUSTRIA—Backhausen has reportedly sold 50 percent or more of its shares to Sheik Mohamed Al Jaber, a Saudi businessman and owner of JJA Beteiligungsverwaltung, an Austrian company.The original story was released in Courier, an Austrian… Read more.September 26, 2012
Romo Launches ‘Black’ Brand, Its Sixth, Priced Above Romo
NOTTINGHAM, UK—Romo is expected to launch a new up-market brand to be named either ‘Romo Black’ or ‘Romo Black Edition’ with the final name to be decided on in the next few weeks, confirmed Jonathan Mould, Romo principal.The… Read more.September 26, 2012
ADF/Westgate Ends Relationship with Sam Rayess, Wants to Continue in Beirut; Schroeder Leaves
NEW YORK — ADF/Westgate has ended its agreement with Houssam ‘Sam’ Rayess to represent it in the Middle East as director of sales after almost two years to the day. Mideast customers who were waiting for goods from ADF/Westgate are… Read more.September 22, 2012
Machell Apple Joins Victor Contract
Saint-Georges, Quebec, Canada–Machell Apple will join the Victor Group as the ‘director of new development initiatives.’This newly created position within Victor’s contract fabric business has the responsibility of identifying and initiating… Read more.September 19, 2012
Muller–Zells Makes Two Acquisitions in 2012; Now Makes Fabric Up to 320 Centimeter Width
Weissdorf, Germany—Mueller Zell made two acquisitions in 2012 to round out its contract product line.Last January, Mueller Zell took over the 160 year old Swiss company Weissbrod-Zuerrer and shifted all of the looms to its mill in Weissdorf,… Read more.September 19, 2012
Kvadrat’s Kinnasand Purchase Makes Strong Combination
EBELTOFT, DK -- Kvadrat, a leading European design-textile company, says it is substantially strengthening its position in the retail market with the acquisition of Kinnasand July 16.Kinnasand, based in Germany, specialises in designing… Read more.September 15, 2012
