Veteran Textile Trader Sees Chinese PTA Costs Rising, Polyester Fabrics Pushed Ten Percent Higher
Further Increases Possible Due to Trade War With U.S.
SHANGHAI — The Chinese home textile and fabrics industry is losing support from the Chinese government and prices are expected to go dramatically up, according to Roland Henao, a veteran trader of Chinese textiles with 20 years experience. "Without… Read more.September 18, 2018
The Mood at Mood+Indigo, the Annual Textile Show, Optimistic
BRUSSELS -- The mood was mostly optimistic after this year’s Mood+Indigo show ended this week, even with concerns about a shrinking textile market and a sluggish Turkish currency. Burcu and Murat Erdebil of Berteks Tekstil talk with customer… Read more.September 14, 2018
After Series of Acquisitions, Bru Buys Stuart Graham Fabrics
By Eric Schneider KONTICH, Belgium -- Bru Textiles has purchased Stuart Graham Fabrics based in Port Elizabeth, one of the last independent fabric wholesalers in South Africa, for an undisclosed purchase price, according to informed sources. Gary… Read more.September 6, 2018
Swavelle Completes, and Expects Boost, From Al Fresco Outdoor Fabric Purchase
By ERIC SCHNEIDER NEW YORK — Swavelle / Mill Creek Fabrics has purchased the Al Fresco Functional Fabrics division from Altizer & Co. Decorative Textiles. Al Fresco is an indoor-outdoor performance fabrics converter. The purchase price… Read more.September 6, 2018
Richloom Fabrics Executive Outlined Ways 25 Percent Tariff Hurts US Textiles and Counterproductive to Trump Goals
By RAY PARKER Richloom Fabrics Group COO Michael Saivetz raised concerns last week in Washington about the looming 25 percent tariff on Chinese exports, especially since it hits textiles sold as inputs but not those sold as finished goods. “The… Read more.September 1, 2018
High End Market Grows in China, Volume Export Still Shows Gain
By ERIC SCHNEIDER SHANGHAI — Activity at the Intertextile Fair at the National Expo Center demonstrates the ever-increasing appetite by Chinese buyers for high-end editeur lines. High-end exhibitors like Designers Guild, JAB, and Zimmer… Read more.August 31, 2018
NADFD Members Gather, Discuss Industry Shake-Ups, Both Domestic and International
New NADFD President Rob Mayer, left, congratulates past president Dee Duncan. By RAY PARKER AUSTIN, Texas -- Three hot topics kept returning last week during the annual conference of the National Association of Decorative Fabric Distributors… Read more.August 8, 2018
Henderson, Van Driessche Anticipate Ragolle, Beaulieu Market Share Gains Next Year in Rugged Sales Arena
WAREGEM, BE—Tessutica, the parent company of Ragolle and Beaulieu fabric brands, expects to carve out more business in the years ahead at the expense of the competition, according to the new general manager Karl Henderson, who took the post… Read more.July 25, 2018
