Australia-based Mokum Filing for 'Voluntary Administration,' Deal Expected in February
ADELAIDE, Australia — Mokum, a 30 year-old wholesaler of upholstered seating, walls, window and floor coverings is filing for voluntary administration and is in "discussions with a purchaser currently and the outcome will be known in a couple… Read more.January 20, 2011
Heimtextil 2011 Reports Record Numbers, Positive Outlook
FRANKFURT, Germany — Let no crisis go to waste! After 75 years in the business, Messe Frankfurt reported a record year In 2011. The fair reported a spike of 5% more exhibitors from 2010 and 3% more trade visitors from 136 countries, up from… Read more.January 19, 2011
Dolan Raises Prices Ten-Percent In Response to Rising Cost of Raw Materials
KELHEIM, Germany — Dolan GmbH, a producer of high-quality acrylic fibers, announces price increases of up to 10%, effective first quarter 2011. The increase is in response to the rising cost of raw materials and energy; the company saw the… Read more.January 19, 2011
Raxon Builds New U.S. Textile Mill
HENDERSON, North Carolina — Raxon Mills, a small, specialized contract mill with annual sales of approxmiately $10 million will build what has been described as a state of the art textile mill of roughly 50,000 square-feet in Henderson by… Read more.January 18, 2011
Vision Fabrics Hires Tom Carter to Oversee Sales Force
INDIANAPOLIS, Indiana — Vision Fabrics has hired fabric industry veteran Tom Carter as National Market Manager. Carter will oversee the newly launched fabric converter Vision Fabrics sales force. Most recently president of Westgate… Read more.January 18, 2011
Brunschwig & Fils Files for Chapter 11, Kravet is Stalking Horse
WHITE PLAINS, New York — After 111 years in operation, Brunschwig & Fils announced that it has filed for Chapter 11 bankruptcy protection and has listed more than 200 creditors. “The textile industry has been hard hit by the significant… Read more.January 18, 2011
Textiles, Furniture Turn to US Despite Skeptic Showtime Panel
HIGHPOINT, North Carolina – The Chinese New Year and a pricing meltdown on supply chains overseas is forcing suppliers to return to American resources to meet customer demands, according to speakers at F&FI’s annual Breakfast at Showtime… Read more.December 22, 2010