Textiles

Welspun India: Raw Material Costs Hurt Profits

Welspun India: Raw Material Costs Hurt Profits

MUMBAI, India—Welspun India, the parent company of Welspun USA, said its fiscal second-quarter operating profit fell about 7 percent to approximately $22.2 million, after the currency conversion. Profitability fell in spite of a 24 percent gain in sales for the quarter, which totaled approximately $123.4 million after the conversion. In a statement announcing the quarterlyMore »

The Issue of Cost

The Issue of Cost

By David Gill Last month’s New York Home Fashions Market was the beginning of what looks to be a period of uncertainty for the U.S. textiles industry. While vendors reported that the attitude among their retail customers was generally upbeat, they also said the fourth quarter could prove difficult for the industry. Not only isMore »

Springs Partners with Berkus for Home Collection

Springs Partners with Berkus for Home Collection

NEW YORK—Springs Global has entered into a license agreement with Nate Berkus, the design expert and television talk-show host, for a line of Nate Berkus decorative home furnishings. The collection, which will debut in spring 2012, will include bedding, bath products, decorative accessories, dinnerware, lighting, area rugs, window treatments, design solutions and furniture pieces. TheMore »

“Let’s Talk About It!” Lectures Slated for Heimtextil

“Let’s Talk About It!” Lectures Slated for Heimtextil

FRANKFURT, Germany—The January Heimtextil will offer a lecture program titled “Let’s talk about it!,” which will focus on trends in the home-furnishings market. The first day of this program, Jan. 12, 2011, will be devoted to fashion trends in home textiles such as colors, patterns and materials. The following day will feature sessions on theMore »

Profit, Sales Jump for Iconix in Q3

Profit, Sales Jump for Iconix in Q3

NEW YORK—Net income for Iconix Brand Group rose 32 percent to $29.8 million, fueled by a net sales increase of 63 percent to $96.9 million. Neil Cole, chairman and chief executive officer, said Iconix has risen as a global consumer-products licensing powerhouse, now with 27 brands representing $12 billion in annual global retail sales inMore »

Vendors on Board for Hotel Show

Vendors on Board for Hotel Show

WHITE PLAINS, N.Y.–Next month’s International Hotel, Motel + Restaurant Show (IHMRS) will feature both exhibitors from past shows and newcomers in the home-furnishings industry. Among the exhibitors in the home area are Electrolux Professional, Standard Textile and Tempur-Pedic—all of which will return to the show after a brief absence, according to GLM, owner and managerMore »

Mattress Firm, Protect-A-Bed Partner to Benefit Cancer Research

Mattress Firm, Protect-A-Bed Partner to Benefit Cancer Research

HOUSTON–Mattress Firm and Protect-A-Bed have joined forces to raise money for the Pancreatic Cancer Action Network, a nationwide organization dedicated to advancing research in pancreatic cancer, and the Translational Genomics Research Institute, a non-profit organization that focuses on early diagnosis and treatment of a variety of diseases. During November, Pancreatic Cancer Awareness Month, a portionMore »

GHTA Conference Golf Tournament to Support Gift For Life

GHTA Conference Golf Tournament to Support Gift For Life

NEW YORK–Gift for Life, the gift, stationery and home decor industries’ leading charitable organization, announced yesterday that it will be a beneficiary of the charity golf tournament to be held at English Turn in New Orleans on Nov. 18, during the 8th annual Gift and Home Trade Association conference. This year’s GHTA conference, Jazz Up YourMore »