India Seeks to Halt Duty Hikes in European Textiles
MUMBAI, India - Concerned over the European Union's proposal to increase the counter-veiling duty (CVD) on cotton-type bed linen, India has urged Belgium to engage with the European Commission to resolve the issue. India exports a large quantity… Read more.January 2, 2009
Panjiva Provides Important Resource to U.S. Textile Manufacturers
NEW YORK, New York – U.S. home textile manufacturers will be able to take advantage of a valuable business tracking resource next year as Panjiva expands into the home textile market. Panjiva is an online data resource built for executives… Read more.December 18, 2008
Valley Forge Promotes Roeser
FORT LAUDERDALE, Florida – Valley Forge Fabrics has announced the appointment of Kimberly Roeser as vice president of sales. Roeser has had more than 20 years of experience in the hospitality industry. Before she entered the hospitality… Read more.December 18, 2008
Increase in Sales of Furniture Businesses Could Have Positive Effect on Fabric Industry
SAN FRANCISCO, California – According to data released by BizBuySell.com which documents the business-for-sale marketplace, price point values for the furniture business have continued to rise despite the recession – a bright point… Read more.December 12, 2008
Brimar® Buys Trim Lines, Chinese Hardware Plant
HIGH POINT, North Carolina - Brimar has purchased several trimming lines in the past 30 days to beef up its offerings to retailers, furniture manufacturers and designers, said Marc Thiergart, vice president, interviewed at Showtime USA here.… Read more.December 9, 2008
Kasmir Serves Up Fabrics Family Style
DALLAS, Texas – Kasmir Fabrics expects to boost 2009 sales via indoor/outdoor fabrics sourced from five suppliers, new wood and metal hardware lines and an ever-expanding trim assortment, according to COO Dale Jones. Everything is… Read more.December 8, 2008
Unifi Sells Yadkinville Plant
YADKINVILLE, North Carolina – Unifi, Inc., a polyester yarn producer, will sell one of its texturizing plants in North Carolina for $7 million in the first fiscal half of 2009. Company officials reported to the Securities and Exchange… Read more.December 8, 2008
Culp's Second Quarter Financial Report Reflects Economic Downturn
HIGH POINT, North Carolina – Culp Inc. has announced its quarterly earnings for the period ending Oct. 31st and although the report lists a loss of $.5 million in pre-tax income from last year during the same quarter, company CEO Frank… Read more.December 5, 2008
