York Sells Minority Interest to Others, Including Outside Saudi Investors for Undisclosed Price; Kalwani Family Still Controls
DUBAI, UAE — York Furnishings, considered an important wholesaler and importer of better furnishing fabrics in the Middle East and North Africa (MENA) region has sold a minority stake to outside investors. “We would like to officially… Read more.August 7, 2017
Valdese Produces Justina Blakeney Collection; Fabric.com Offers 50 sku’s
VALDESE, North Carolina – Justina Blakeney’s first fabric collection produced by Valdese Weavers is being offered for sale on Fabrics.com, the Amazon owned site. About 50 sku’s are on offer at $22-$45 yard retail prices per yard. … Read more.August 7, 2017
Richard Oussoren, Pieter van Acker Purchase Acker Mill
GEMERT, The Netherlands—The acquisition of Johann van den acker by the principal of Raymakers and a sixth generation member of the van den Acker family may lead to coordinated velvet and flat weave collections for the two companies according… Read more.August 7, 2017
Run Ivy, Run!
Ivy Berman is currently competing at short distances, 800 meters, 1 mile, 5K. “In running I strive to improve my times and support my team mates. I’m considered to be All American and National Class and age competitive. It’s about… Read more.August 7, 2017
Vay Adds Tutti Frutti Flavored Linens to Vanilla Synthetics
COMO, Italy — Vay S.p.A has changed its product strategy to fit the times by offering 100 percent linen instead of only synthetics with three times more product than previously offered according to Giovanni Vaj, principal of this Chieri, Italy… Read more.August 7, 2017
Indian Furnishing Markets Continue to be Subdued in 2017, Though Hopes Aspire for a Better Time Ahead
BANGALORE, India — India Indian furnishing markets already subdued from last 18 months, the trade and suppliers wait and aspire for a better time are ahead. Since mid-2015 the oversupply situation has not improved but has worsened in the year… Read more.August 7, 2017
Penelope’s Tasman Picks Passion Over Money; Boutique Mill Holds its Own in Upholstery World
COMO, Italy — “There are more successful companies than Penelope if the criteria for business is only how much money you generate but our goal was to create a company that is long lasting as opposed to a short term success,” says Murat… Read more.August 7, 2017
Warp Knitted Upholstery Rounds Out Boyteks Product Line Up According to Mustafa Yildirim, General Manager
KAYSERI, TR — Boyteks has developed a $20 million business in value priced warp knits for headboards, mattress covers and more recently, a line of velvet upholstery in an unlimited color range for sofa and furniture manufacturers worldwide,… Read more.August 7, 2017
