Entrepreneur Claas Daun Builds Global Textile Empire
Business Maven Quietly Buys Struggling Companies and Makes Them Profitable South Africa - Loved, feared, hated, admired - Claas Daun, the legendary global textile giant, has built his $1.2 billion turnover empire from scratch by buying companies… Read more.August 7, 2002
American Century Forges Partnership With Chinese Mills
High Point - American Century president David Petrusch projects $100 million in sales within five years spurred by new lines and increased penetration of the furniture industry by fabrics in the $5.95 plus price range. Petrusch also confirmed… Read more.August 7, 2002
Loomcraft Imports Nannucci to Import Wovens
FRANKFURT, Germany - Loomcraft Textiles has formed a new division named Loomcraft International to focus on importing first quality fabrics into the U.S.A., primarily from Italy, under the direction of Franco Nannucci. ''This is the first… Read more.August 7, 2002
Expofil Exhibition Unveils European Constructions
''Furnishings Forum'' Underscores Importance of Materials in New Woven Aesthetic Paris - Although many exhibitors at Expofil, Europe''s leading fibers and yarns shows, also operate in the home furnishings sector, their products had never… Read more.August 6, 2002
DecoContract Expects Unique Hotel Audience
by Eric Schneider and Jon Hendrix Ghent, Belgium - Textirama management is confident it will draw a unique, largely untapped group of buyers to its DecoContract exhibition this September. Textirama launched Deco Contract last year in order… Read more.August 6, 2002
Thijs de Beer Scoops Up Swinkels
Veldhoven, The Netherlands - In mid-April, the Dutch finishing company H.J. Thijs de Beer took over Swinkels Interior Textiles. When Swinkels'' former mother company, Koninklijke Textielgroep Twente N.V., filed bankruptcy in March, Swinkels,… Read more.August 6, 2002
Showtime for Lineapelle
Washington, D.C. (USA) - The summer edition of Showtime (July 8-11, 2002, High Point) featured for the first time a trend presentation created by the organizers of Lineapelle, a leather exhibition held twice a year in Bologna, Italy. An 800… Read more.August 6, 2002
Prosetex Offers First Open Line
Como - Prosetex broke with its 35-year tradition for weaving specials only by producing its first open line collection of upholstery fabrics. Prosetex unveiled the new line at the Ratti mansion, the villa Sucota on the south end of Lake Como… Read more.August 6, 2002
