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
Weavers, Turkiye’s Largest Upholstery Maker Looks for a Buyer
BURSA, TURKIYE—Erciyes Anadolu Holding, based in Kayseri is trying to sell its Weavers upholstery fabric division according to a company spokesperson, F&FI has learned. Weavers is one of the ten largest volume upholstery makers in the world.… Read more.January 26, 2024
Hoftex Group Closes Neutex Weaving; Will Focus On Made-to-Measure Home Textiles
MUENCHBERG, GERMANY – Neutex, a member of the publicly held Hoftex Group is closing its decorative fabrics weaving operations which has been doing business since 1965 according to Joseph Wheeler, Managing Director Sales & Marketing. While… Read more.January 26, 2024
