Design2trade.com: Opportunity for Designers, Convenience for Buyers
LONDON - Although many investors have soured Internet ventures, Design2trade.com has been serving textile buyers and designers online for longer than a year. Launched in June 2001, the site hosts more than two thousand textile designs and offers… Read more.November 7, 2002
KoSa to Plead Guilty, Agrees to Pay $28.5 Million Fine for Role in Polyester Staple Price-Fixing Cartel
WASHINGTON - A Luxembourg-based manufacturer of polyester staple and its former U.S. director of textile staples agreed on Halloween to plead guilty for participating in a conspiracy to fix prices and allocate customers in the polyester staple… Read more.November 6, 2002
Istikbal launches U.S. line, builds Bursa upholstery mill
KAYSERI, Turkey — Istikbal will launch a major export effort for a line of sleep sofas into the U.S. market beginning in November according to Memduh Boydak, general manager of Merkez Celik A.S., the parent company. In a separate development,… Read more.November 4, 2002
Lanscot Arlen Leases Larger Plant, Hires Bolton, Stewart
Concord, N.C. (USA) - Lanscot Arlen, whose focus has historically been drapery fabric production, has filled key positions and will begin operating from a new facility by January 1 in order to keep up with growth from expanding its offerings,… Read more.October 25, 2002
Lyons Leaves Designtex
New York - Susan Lyons is stepping down from her position as executive vice president of design at Designtex. She spent 13 years with the company. Lyons stressed that she would work for DesignTex in a consultant capacity. "I really just wanted… Read more.October 21, 2002
Intermark and Microfibres in Federal Court
Plainfield, Conn. (USA) - Intermark Fabric Corporation, a flock manufacturer, announced that it has filed a lawsuit against Microfibres Inc. Intermark has initiated legal action in a federal court, requesting the court to rule that Intermark… Read more.October 17, 2002
Joan Fabrics Signs Agreement to Purchase Texel
Tyngsboro, Mass. (USA) - Joan Fabrics Corporation has signed a purchase and sale agreement with Pliana Holdings, S.A. de D.V. to acquire Industrias Texel S.A. de C.V. in Tlaxcala, Mexico. The factory currently produces woven jacquard fabrics… Read more.October 11, 2002
Sitton Opens New Freight Company
Charlotte, N.C. (USA) — Marion Sitton, formerly of D.J. Powers, has launched Cargo Logistics Network, a freight and delivery service for importers and exporters in the textiles industry. "We are providing logistics solutions for warehousing… Read more.September 17, 2002
