WAREGEM, BE--Roseline Ragolle, president of Ragolle  left the company prior to MoOD and news of her departure was circulating the halls of the fair where the company exhibits its lines.

The company is planning a formal announcement in the near future but so far, is not saying anything further about the change at the top of this long standing, family owned mill.

The company Ragolle is now being managed by three people in the family: Mrs. Myriam Verhelst–Ragolle, Roseline’s older sister; her brother Jean Marie Ragolle and Mrs. Veerle Ragolle–Vervaecke.

Guy Parmentier, will continue as export manager and no other changes are planned at this time. While he confirmed Roseline’s departure, he could not offer any other information about this development with what is considered a very stable and long standing mill.

The exact reason for the change was not explained but it had to do with a difference in philosophy on how to run the business and with the cost structure that was in place under Roseline.

Roseline Ragolle presided over the acquisition and integration of ITM last September. That was Ragolle’s first entry into the contract sector which was branded ‘Ragolle Contract.’ Ragolle was adjusting to the new realities of the market and although a major player, Ragolle was becoming more adept on filling smaller orders of a highly diverse product line.

Ragolle is also a major producer of oriental and contemporary rugs produced in the same factory as the decorative fabrics.