Calcutta Group Acquires Annabel Group
Derumeaux’s Remain Involved
EVERGEM, BE—Christof Vermeersch, CEO of the Calcutta Group together with Saffelberg Investments has purchased a majority interest in Annabel Group and Interspinning in Ghent. Vermeersch, who bought the shares of Calcutta in July from a British-Emirate… Read more.August 24, 2022
Thibaut Buys Coraggio
MINNEAPOLIS. MN – New Jersey–based fabric, wallcoverings and furniture brand Thibaut purchased Bellevue, Washington based wholesaler Coraggio on July 13. The terms of the deal were not disclosed but the two brands began talks late last year.… Read more.July 27, 2022
Gary Searle Leaves Kravet Post
TORONTO, CA—Gary Searle has resigned his post as Vice President of Global Sales & Merchandising for Kravet Inc. after nine years with the company as of September 1. In his position, he was involved in the development of building stronger relationships… Read more.July 21, 2022
Michael Gittelson Passes, 73
Los Angeles—Morgan Fabrics Chairman and CEO Michael Gittelson died Tuesday evening., July 12 from heart complications. “Michael had been dealt the hand of a weakened heart, one that ultimately could not keep up with his zest for a full… Read more.July 14, 2022
Mohamed Jouhair, 50
PARIS—Mohamed ‘Mo’ Jouhair, export manager for Clarke & Clarke, a division of Sanderson Group in the UK, died the last week in June from an unspecified illness with his exact age not known “Mo’ as he was known to his friends, began… Read more.July 5, 2022
Trevira Yarn Sales On Upward Curve, 2021-2022
BOBINGEN, GERMANY—Despite its challenges, Trevira, turned in a better year than expected with sales at around €232 million in 2021. Read more.
June 28, 2022
AT HEIMTEXTIL: Thomases Sees Fabric Prices Moderating
FRANKFURT—In the face of a potential worldwide recession, “I see fabric prices coming down,” says Jeff Thomases, Chairman of Swavelle Mill Creek, a large American converter, mill owner and distributor. F&FI queried Thomases about skyrocketing… Read more.June 22, 2022
Marzotto Lab Launches Marzotto Interiors
VALDAGNO, IT—Marzotto Lab, a division of Marzotto Group has merged the Prosetex and Redaelli Velluti brands under the new brand of Marzotto Interiors according to Luca Vignaga, CEO, Marzotto Lab. Marzotto Interiors now offers a wide interior… Read more.June 20, 2022
