Kravet Earns Coveted Best Managed Awards
WOODBURY, NY—For the fourth year in a row, Kravet Inc. has been named a 2024 Gold Standard Honoree in the 2024 Best Managed Companies program, sponsored by Deloitte Private and The Wall Street Journal. In addition, Kravet Inc. has been awarded… Read more.May 15, 2024
Spain’s Antonio Ferre, King Textiles USA Tie Up
Valencia, Spain—As of May 2024, Hijos de Antonio Ferre, SA a linen and natural fiber upholstery fabric producer since 1914, has made an agreement with King Textiles, LLC. to stock and distribute a limited range of its products in the USA according… Read more.May 13, 2024
Leslie Jee Textiles, TSG Finishing Partners; Expands Distribution to NC
Huntington Beach, CA — Leslie Jee Textiles, a Southern California-based residential and contract upholstery textile design and distribution company, is Teaming up with TSG Finishing for warehouse and distribution services in Hickory, North… Read more.May 9, 2024
Proposte Votes Staying Put
Villa Erba Again Hosts Proposte
COMO, Italy—Despite reports to the contrary, Proposte will remain at Villa Erba in 2025, adhering to the existing lease agreement. The 32nd edition will take place on May 6, 7, and 8," confirms President Alessandro Tessuto. "In the meantime,… Read more.May 6, 2024
Joann Inc., 829 Store Chain Files Bankruptcy
Expects to Emerge as Private Company
HUDSON, OH—JOANN Inc. (NASDAQ: JOAN) (“JOANN” or the “Company”), has entered into a Transaction Support Agreement (“TSA” or “Agreement”) with a majority of its financial stakeholders and additional industry financing parties… Read more.March 19, 2024
Sangetsu Promotes Yasuda and Kondo
NAGOYA, JAPAN—Sangetsu Corporation, the Japanese powerhouse fabric wholesaler with over $1 billion in sales, will have a changing of the guard come April 1. Shosuke Yasuda, who has been President and CEO for 10 years, will become a director… Read more.February 6, 2024
Trevira CS® Sales Flat Two Years Running, 2022, 2023 But Market Share Was Held
HATTERSHEIM, GERMANY—For Trevira CS flame retardant fibers and filament yarns , “2023 was affected by difficult economic conditions with persistently high raw material and energy prices, increasing competitive pressure, inflation and a lack… Read more.January 30, 2024
Spangler, Consultant, Reinvents Herself Again!
She Designs Fabric Lines for Radiate Textiles
Isle of Palms, SC—When Veteran designer and merchandiser Glenda Soloniuk Spangler resigned from her post as President of Springs Creative Products Group in Rock Hill, South Carolina two years ago, she gave little thought to what she would… Read more.