Richloom Fabrics Executive Outlined Ways 25 Percent Tariff Hurts US Textiles and Counterproductive to Trump Goals
By RAY PARKER Richloom Fabrics Group COO Michael Saivetz raised concerns last week in Washington about the looming 25 percent tariff on Chinese exports, especially since it hits textiles sold as inputs but not those sold as finished goods. “The… Read more.September 1, 2018
High End Market Grows in China, Volume Export Still Shows Gain
By ERIC SCHNEIDER SHANGHAI — Activity at the Intertextile Fair at the National Expo Center demonstrates the ever-increasing appetite by Chinese buyers for high-end editeur lines. High-end exhibitors like Designers Guild, JAB, and Zimmer… Read more.August 31, 2018
NADFD Members Gather, Discuss Industry Shake-Ups, Both Domestic and International
New NADFD President Rob Mayer, left, congratulates past president Dee Duncan. By RAY PARKER AUSTIN, Texas -- Three hot topics kept returning last week during the annual conference of the National Association of Decorative Fabric Distributors… Read more.August 8, 2018
Henderson, Van Driessche Anticipate Ragolle, Beaulieu Market Share Gains Next Year in Rugged Sales Arena
WAREGEM, BE—Tessutica, the parent company of Ragolle and Beaulieu fabric brands, expects to carve out more business in the years ahead at the expense of the competition, according to the new general manager Karl Henderson, who took the post… Read more.July 25, 2018
Fabric Executives’ Predictions Differ as Countdown on New Chinese Tariff Looms
By RAY PARKER
Government officials are now taking public comments until August 30, after which there could be a 10 percent tariff on upholstery, decorative fabrics, and other material made in China. “Clearly it will drive up costs and hurt margins,”… Read more.July 24, 2018
Gliner Sells Jacquard Fabrics to Pearlstine Group
LAKEWOOD, NJ—Jacquard Fabrics, a small upholstery mill, was sold in March 2018 to The Pearlstine Group for an undisclosed purchase price. Moshe D. Pearlstine is the new owner. Jacquard Fabrics has sales in the $6-7 million range, but the… Read more.July 16, 2018
McMahon Leaves Charles Parsons Interiors GM Post After Six Months
SYDNEY, AU—Jacqueline “Jacquie” McMahon has left her post as general manager of interiors and homewares at Charles Parsons & Co., Pty. Ltd. She took the role last December, and Charles W. Parsons, managing director and fourth-generation… Read more.July 2, 2018
Valley Forge Wins Gold Stevie® Award for Large Manufacturing
FORT LAUDERDALE, FL – May 14, 2018 – Valley Forge Fabrics won a Gold Stevie® Award in the “Company of the Year for Large Manufacturing” category in the 16th Annual American Business Awards® in May. More than 200 professionals worldwide… Read more.June 27, 2018
