Valdese Weavers Announces Major Capital Investment Campaign As Sales Exceed Pre-Recession Levels
VALDESE, North Carolina — Valdese Weavers upholstery fabric sales have returned to approximately pre recession levels of $150 million and now promise to go even higher, according to Michael Shelton, CEO and president. The company has… Read more.August 5, 2013
Meet Lead2Design’s Ian and Elaine Heunis
CORAL SPRINGS, Florida — Ian and Elaine Heunis have logged 38 years of marriage, the last three and a half years as principals of Lead2Design. Lead2Design is a cord and trimming distributor/ importer for the furniture manufacturer and… Read more.August 5, 2013
Brazil’s Donatelli, Beraldin, Artefacto Lead South American Fabric Importers
SAO PAULO, Brazil — The Brazilian economy is growing at a 2.5 percent growth rate this year following a one percent increase in 2012 in sharp contrast to greater growth in previous years. Inflation is also heating up in Brazil to about… Read more.August 5, 2013
Indonesian Wholesalers Rack Up 15-20 Percent Increase in 2013, Hotel Business Strong, Middle Class Drives Residential Sales
JAKARTA, Indonesia — The Southeast Asia’s biggest economy has been ‘quietly’ growing around 6.5 percent a year and residential demand in the past four years has been growing around by six to seven percent annually. Fabric wholesalers… Read more.August 5, 2013
The Climent Brothers Attempt to Renegotiate Original Bank Loans for Pepe Penalver Purchase
ALICANTE, Spain--The acquisition of Pepe Penalver by the Climent Brothers in 2010 has run into some tough seas.As a result, the pair are trying to renegotiate the bank loans they incurred when they bought Pepe Penalver for six million Euros.… Read more.July 26, 2013
Haidee Kramer Opens Dreamweaver Studios
Johannesburg, SA—Haidee Kramer, for many years a constant at Heimtextil and MoOD when she worked as the chief designer at Home Fabrics in Midrand, South Africa has started up her own company as an editeur of her own collection and also… Read more.July 26, 2013
Outsider Named Bauman Dekor GM; Seidl Leaves Company After Two Years
GMUND, Austria—Gerhard Brecka has been named managing director of Baumann Dekor. He joined the company from another position outside of the textile industry.Christine Seidl, managing director of Baumann Dekor since January 2011, has left… Read more.July 26, 2013
JF Fabrics Gets Exclusive Wes Mancini Rug Deal
TORONTO, CA. -- Joanne Fabrics, which markets its US lines under the JF Fabrics brand, has made a deal with Wes Mancini Ltd. to be the exclusive distributor of its rug collection according to Lisa Nicholl, Joanne's creative director. On… Read more.July 16, 2013
