Vescom Completes Raymakers/British Velvet Purchase
DUERNE, The Netherlands—Vescom completed its purchase of Raymakers in December, 2024 and will rebrand the product line ‘Vescom Velvets B.V.’ according to Frank van Werkum, Vescom Director. Vescom has had a history of buying up privately… Read more.December 30, 2024
Vescom Finalizing Raymakers Purchase
HELMOND, The Netherlands—Informed sources say Vescom B.V. , a 54-year-old company based in Deurne is in the final stages of discussions with the Dutch bankruptcy administrator for the purchase of J.A. Raymakers & Co B.V., a 250-year-old velvet… Read more.December 17, 2024
Kravet Inc. Sells Majority Stake to Dunes Point Capital
Woodbury NY—Kravet Inc., an industry leader in to-the-trade home furnishings, announced today that Dunes Point Capital, LP (DPC) has acquired the majority interest in Kravet Inc. The Kravet family will continue to lead the business and will… Read more.December 4, 2024
Deborah Herman, Covington Make Landmark Partnership Deal
NEW YORK—Covington Fabric & Design (CFD) is supplying logistical support to Fabric Innovations. FI has been in the hospitality fabric business for 27 years. Covington was established in 1940 and is a leading fabric converter in the USA. The… Read more.November 19, 2024
Jean Baudrand Passes Softly
LONDON, UK—Jean Baudrand, an important influence on the textile design scene for his entire working life passed on the evening of October 29, 2024. His daughters Catherine and Sophie wrote: “It is with a heavy heart that we share with you… Read more.November 18, 2024
Mark van der Aa Confirms Textaafoam/Kobefab Deal
Tilburg, Holland—Textaafoam, the Dutch converter has purchased Kobe International on October 30. Kobefab, based in Valkenswaard, Holland had previously filed for bankruptcy September 25. The purchase price was not disclosed. Textaafoam principal… Read more.October 31, 2024
Pure Launches Carbon Free PU
SHANGHAI—Pure will introduce a bio-based, solvent-free polyurethane synthetic leather at Heimtextil 2025 for the first time (6.2 D70E), according to Hunter Que, head of product development and sales. Pure is the brand produced by Zhejiang… Read more.October 21, 2024
