The Golden Era of Indian Pure Silk Furnishing Fabrics Export Has All But Ended
BANGALORE, INDIA—Indian silk fabric production and export has hit the wall after almost three decades of ever increasing sales from 1985 to 2008 according to manufacturers and buyers.Indian silk exporters that were highly sought after by American… Read more.May 22, 2014
Swadeshi Rises Up Against the Trend Away From All Silk But Also Produces Polyester Blends
BANGALORE, India — The business of pure silk exports is now a thing of the past but companies like Swadeshi Silks, Bangalore, chose to adapt to the new realities rather quickly. Swadeshi currently sells US$6 million a year and is targeting… Read more.May 22, 2014
Schaich Leaves Maharam
NEW YORK, New Yerk—Annette Schaich, Vice President of Business Development for Maharam Fabrics, a major contract jobber, left the company in early 2014 after 14 years.She is now an independent consultant and could not be reached for comment… Read more.May 22, 2014
Sunbury’s Truslow Sees $100 Million Sales Potential
SOHO, New York—Sunbury Textile Mills celebrates ‘Decades,’ a new collection of 1930’s, 1940’s, 1950’s and 1960’s inspired fabrics at its showroom on Broome Street here.Another decade was also celebrated with the tenth anniversary… Read more.May 22, 2014
Square Yard’s Brian Katz Changes 20 Year Business Model
LAS VEGAS, Nevada—Square Yard, a 23 outlet retail chain based here has turned to a more traditional purchasing model to better suit the industry wide growth in Chinese and Indian textile sources according to company principal Brian Katz.Katz… Read more.May 22, 2014
Keystone Weaving Plans Sale to Burlington Technologies
Lebanon, Pennsylvania — Mike Durham, President, CEO of Burlington Technologies and Sloan Caplan, President, CEO of Keystone Weaving announced May 7 that BT has signed a letter of intent to purchase KW. The purchase will include the KW… Read more.May 22, 2014
EuropaTex International Builds Huge Trim, Fabric Business In Just Ten Years
JERSEY CITY, New Jersey — Quietly, EuropaTex International has become an important force in trimming in the USA with an annual sales growth of ten percent since 2004 with 20 percent more growth expected in 2014 according to Greg Kiriakou,… Read more.May 22, 2014