Tag Archives: China

Sailing Innovation Wins Brookstone Auction

Brookstone

MERRIMACK, N.H.-Sailing Innovation, a consortium led by China-based Sailing Capital Overseas Investment fund, has been selected as the winning bidder at the auction for Brookstone. According to a Brookstone statement, the purchase price is $135.7 million, net of cash and assumed liabilities. Subject to the approval of the U.S. Bankruptcy Court for the District ofMore »

Safavieh Enters Upholstered Headboard Category

Safavieh Ziggy Headboard

PORT WASHINGTON, N.Y.–Safavieh will add upholstered headboards to its growing mix of cross-category home furnishings products with a program to be launched at Las Vegas Market, Jan. 26-30, 2014. The program includes 11 styles in 105 SKUs in contemporary, transitional and traditional styles covered in linen, velvet, ultra suede and blended fabrics in programmed solidsMore »

GuildMaster Emerges from Chapter 11; Investors Take Company Private

GuildMaster

SPRINGFIELD, Mo.–GuildMaster has officially emerged from Chapter 11 and will operate as a private company. Management and a small group of investors have purchased the company and committed more than $1 million of capital. A judge in the U.S. Bankruptcy Court for the Western District of Missouri approved the reorganization plan, which had already beenMore »