Richloom Sells Readymade Division to Keeco

NEW YORK—Richloom Fabrics Group has sold its reportedly $50 million readymade bedding and window coverings division to Keeco for an undisclosed purchase price._x005F_x000D_ _x005F_x000D_ In doing so, Richloom management has made an important strategic decision to focus its energies on the home furnishings piecegoods business which is estimated to be $150 million currently._x005F_x000D_ _x005F_x000D_ Richloom Principal Jim Richman was not...