Home textiles business update, July 2014
This report provides information, analysis and valuable insight on developments relating to the home textile industry in the following categories: acquisitions, divestments and mergers; corporate social responsibility; corporate strategy; events; international trade policy; investments; joint ventures, cooperation, licensing and distribution; legal issues; manufacturing facilities; markets; and new stores. Companies, other organisations, individuals and brands examined in this report include: 1888 Mills, Alok International, Annie Selke Companies, Atlas Carpet Mills, Behold Home, Behrens Manufacturing, Belk, Blu Sleep Products, Brintons, British Furniture Confederation (BFC), Bunny Williams, Carpet and Rug Institute (CRI), Carpet Cushion Council, Cath Kidston, Celessence Technologies, Cond? Nast, Crailar Technologies, Crypton, Cynthia Rowley, Downlite, Hudson's Bay Company, Ikea, Interface, Jaipur, JC Penney, Jennifer Adams, Knockout Licensing, Laura Ashley Inc, London Luxury, Macy's, Marimekko, Martha Stewart Living Omnimedia (MSLO), Messe Frankfurt, Monopro, Morgan Home, Natuzzi Group, Next Creations Holdings, Pendleton Woolen Mills, Rio Home Fashions, Sanpower, Springs Global, Tempur Sealy, The Dixie Group, True Fabrications Inc, Victoria and Zukunftsinstitut.
SUMMARY
ACQUISITIONS, DIVESTMENTS AND MERGERS
Baring Asia has acquired a substantial stake in UK-based home textile retailer Cath Kidston
Crypton has acquired Nano-Tex
Sanpower has acquired a majority stake in House of Fraser
Tempur Sealy International has acquired the rights to the Sealy brand in continental Europe and will acquire the rights to the Sealy brand in Japan
The Dixie Group has acquired Atlas Carpet Mills
CORPORATE SOCIAL RESPONSIBILITY (CSR)
The British Furniture Confederation (BFC) has raised concerns regarding proposed changes to the Furniture & Furnishings Fire Safety Regulations in the UK
The Carpet and Rug Institute (CRI) and Carpet Cushion Council have launched an updated version of the Green Label programme
Interface has reached a number of milestones relating to sustainability at its manufacturing facility in Scherpenzeel in the Netherlands
CORPORATE STRATEGY
Hudson’s Bay Company has established a new digital commerce department called HBC
Digital
Natuzzi Group has implemented a plan to increase its competitiveness and profitability
EVENTS
Intertextile Guangzhou Hometextile China was held during March 18-22, 2014, at the China
Import and Export Fair Complex in Guangzhou, China
Intertextile Shanghai Home Textiles will be held during August 27-29, 2014, at the Shanghai
New International Expo Centre in Shanghai, China
The Istanbul International Home Textiles Exhibition (EVTEKS) was held during May 21-25, 2014, at the Istanbul CNR Expo Center in Istanbul, Turkey
The Trend Show at Heimtextil will be replaced with a new area called Theme Park
INTERNATIONAL TRADE POLICY
Pakistan and nine other countries have been granted GSP+ status by the European Parliament
INVESTMENTS
Ulster Carpets will invest ?30 mn in modernising and expanding its production facilities in County Armagh, Northern Ireland, UK
JOINT VENTURES, COOPERATION, LICENSING AND
DISTRIBUTION
Alok International has taken full control of Next Creations Holdings
Annie Selke Companies has collaborated with Bunny Williams to develop two new home textiles collections
Belk has launched the first Cynthia Rowley home collection
Crailar Technologies has entered into a general supply agreement with Ikea
Downlite and Pendleton Woolen Mills have entered into a licensing agreement relating to the
ACQUISITIONS, DIVESTMENTS AND MERGERS
Baring Asia has acquired a substantial stake in UK-based home textile retailer Cath Kidston
Crypton has acquired Nano-Tex
Sanpower has acquired a majority stake in House of Fraser
Tempur Sealy International has acquired the rights to the Sealy brand in continental Europe and will acquire the rights to the Sealy brand in Japan
The Dixie Group has acquired Atlas Carpet Mills
CORPORATE SOCIAL RESPONSIBILITY (CSR)
The British Furniture Confederation (BFC) has raised concerns regarding proposed changes to the Furniture & Furnishings Fire Safety Regulations in the UK
The Carpet and Rug Institute (CRI) and Carpet Cushion Council have launched an updated version of the Green Label programme
Interface has reached a number of milestones relating to sustainability at its manufacturing facility in Scherpenzeel in the Netherlands
CORPORATE STRATEGY
Hudson’s Bay Company has established a new digital commerce department called HBC
Digital
Natuzzi Group has implemented a plan to increase its competitiveness and profitability
EVENTS
Intertextile Guangzhou Hometextile China was held during March 18-22, 2014, at the China
Import and Export Fair Complex in Guangzhou, China
Intertextile Shanghai Home Textiles will be held during August 27-29, 2014, at the Shanghai
New International Expo Centre in Shanghai, China
The Istanbul International Home Textiles Exhibition (EVTEKS) was held during May 21-25, 2014, at the Istanbul CNR Expo Center in Istanbul, Turkey
The Trend Show at Heimtextil will be replaced with a new area called Theme Park
INTERNATIONAL TRADE POLICY
Pakistan and nine other countries have been granted GSP+ status by the European Parliament
INVESTMENTS
Ulster Carpets will invest ?30 mn in modernising and expanding its production facilities in County Armagh, Northern Ireland, UK
JOINT VENTURES, COOPERATION, LICENSING AND
DISTRIBUTION
Alok International has taken full control of Next Creations Holdings
Annie Selke Companies has collaborated with Bunny Williams to develop two new home textiles collections
Belk has launched the first Cynthia Rowley home collection
Crailar Technologies has entered into a general supply agreement with Ikea
Downlite and Pendleton Woolen Mills have entered into a licensing agreement relating to the
