German Editeurs Are Finding Things Very Tough Indeed As They Seek Restructuring and the Local Courts for Salvation
NEW YORK—As the world heads to Proposte for the annual showing of European suppliers, German editeurs are battling difficult market conditions in the wake of declining sales and poor reorders leaving their vendors and agents out of luck… Read more.March 15, 2018
Marc Layne Named Arc-Com President
ORANGEBURG, NY—Marc Layne has been named President of Arc-Com a hospitality and contract specialist jobber. Marc joined the executive management team at Arc-Com in 2016. Previously, he spent two decades as an investment banker for Bear… Read more.March 15, 2018
Letter from the Publisher
It’s not everyday someone hands over the keys to a kingdom- a Fabrics & Furnishings kingdom that is! After building F&FI for 27 years, my father, Eric is turning the business over to me. But don’t worry, he will still be handling… Read more.March 15, 2018
Sahco Hesslein Files Voluntary Bankruptcy
NUREMBERG, FDR—Sahco Hesslein, the small German editeur based here has filed for insolvency as of February 8, just two weeks after another German editeur, Nya Nordiska found itself in similar financial straits. “It’s not Germany but… Read more.March 15, 2018
Nya Nordiska Voluntarily Reorganizes Business
DANNENBERG, FDR—Nya Nordiska, a medium sized German editeur, filed for protection under the Germany bankruptcy laws February 2 according to a letter sent to its suppliers by Remo Rentgen, CEO. The move to reorganize was made to “adapt… Read more.March 15, 2018
China Took 20 Years to Become Manufacturing Force But Now Loses Ground to USA
SHANGHAI/USA—The wheels of the Chinese market have turned so much in the last 20 years that China has given some of the ground won in textiles back to the United States, according to David Li, a Chinese born entrepreneur who has been an American… Read more.March 15, 2018
“Wowed” By An Unexpected Icelandic Adventure
Everybody is familiar with the expression, “Be careful what you wish for!” In my case, that is exactly what had happened on my trip home from Heimtex. When I was booking my flight to Germany way back in October, I was put off by the… Read more.March 15, 2018
