Kozman Group Seeking Export Partners
East 10th Of Ramadan City, EGYPT--Kozman Group has turned to building its export business in the wake of the revolution in Egypt according to Sabry Kozman, principal and general manager of this 70 year old mill here.“We’re very strong in… Read more.August 19, 2011
Prestigious Opens Shanghai, China Showroom
BRADFORD, UK—By September 1, Prestigious Textiles expects to open Prestigious China, a partnership company based in Shanghai to serve the burgeoning Chinese market. The showroom will be based on Yishan Road. Prestigious China expects… Read more.August 15, 2011
Home Fabrics Buys The Fabric Library
MIDRAND, S.A.--Home Fabrics, a converter and distributor of up market brands has purchased The Fabric Library for an undisclosed price from Courthiel Holdings.The deal was inked the last week in July and happened very quickly, a source said.… Read more.August 3, 2011
Weave Integrates Production With American Silk
GREENWICH, CT.—Weave Textiles LLC, acquired by John Sullivan and an investor group February, 2010, is moving its production equipment from leased facilities in Denver, PA. to an expanded and updated American Silk owned factory in Plains, PA… Read more.July 28, 2011
Piovano and Radaelli Close Mills, Tissage de Kalken Acquires Etrotex
CHIERI, Italy -- Piovano-Leutenda and Radaelli have closed their mills after reports of poor management and strategy. According to industry reports, Piovano closed its mill operations in early July and receivers will liquidate Radaelli. Leandro… Read more.July 19, 2011
HTSE Opens Arms to Egypt, Brings 11 Companies to Exhibit
NEW YORK, New York -- The Home Textile Sourcing Expo is opening its arms to 11 Egyptian companies who will be exhibiting as representatives of the Egyptian Home Textile Council. The expo is scheduled to take place at the Javits Center from July… Read more.July 13, 2011
Baumann Dekor Entertains Investor Offers After Declaring Bankruptcy
GMUND, Austria -- Baumann Dekor, a division of the family-run Bruder Baumann textile business, declared bankruptcy on June 28 and hopes to reemerge without debt, according to Christine Seidl, who became managing director of the company in January."Although… Read more.June 30, 2011
Sabanci Holding Sells Shares of Polyester Subsidiary, Advansa BV to European Investor Group
HAMM, Germany -- Sabanci Holding has sold its shares of its polyester subsidiary, Advansa BV but will continue with its current operations in Europe including the polyester staple fibre production plant in Germany. The investor group that made… Read more.June 15, 2011
