Europe

Ikea projects revenue growth of up to 85% by 2020

HTT Staff, October 24, 2012
Stockholm - Ikea expects its revenue to grow by as much as 85% and its store count to grow by 200 units worldwide by 2020, according to a report by Nasdaq.com. More
Walmart's global e-commerce top of mind for future

HTT Staff, October 17, 2012
Bentonville, Ark. - Walmart outlined the four-pronged global ecommerce strategy it's implementing to become the worldwide leader in online retailing during its 19th annual meeting for the investment community earlier this month. More
OW Hospitality fetes opening of new London showroom

HTT Staff, October 16, 2012
London, England - OW Hospitality, the hospitality carpeting arm of the Oriental Weavers Group, will celebrate the grand opening of its new showplace here in Queens Park. More
NYIGF Artisan Resource event dates for 2013 announced

HTT Staff, October 5, 2012
White Plains, NY - GLM has announced the 2013 dates for the winter and summer editions of its new Artisan Resource event within its New York International Gift Fair. More
Maison & Objet attracts visitors from across the globe

HTT Staff, September 27, 2012
Paris - The latest edition of Maison & Objet, held Sept. 7-11, attracted a total of 70,916 visitors, down 4.7% from September 2011. More
Li & Fung, Wal-Mart amend sourcing agreement

HTT Staff, September 20, 2012
Hong Kong - Direct Sourcing Group (DSG), a subsidiary of global supply chain agency Li & Fung created in 2010 to service Wal-Mart Stores Inc., has amended its contract with the retail giant. Wal-Mart's option to acquire all shares of DSG was terminated in the change. More
Modal fibers now available in color

HTT Staff, September 20, 2012
Lenzing, Austria - Lenzing announced its Modal fibers are now available in colors as well as black for the first time. More
Ikea plans faster expansion, reports 7% sales gain

Clint Engel, September 18, 2012
Stockholm - Ikea will accelerate its store opening pace over the next few years, as it aims for a bigger share on the market in the face of the global economic slowdown, according to reports by The Wall Street Journal and Reuters news service. More
IFDA, Mariaux to recap the recent Maison & Objet show

HTT Staff, September 17, 2012
New York -- Industry design authority Hermine Mariaux and the New York Chapter of the International Furnishings & Design Association (IFDA) will present "Trends from Maison & Objet Fall 2012" program later this month. More
HFI ramps up production capabilities to expand global reach

HTT Staff, September 6, 2012
New York -- Home Furnishing International - the umbrella of which home textiles manufacturer Home Fashions International is a part - is advancing an aggressive global growth strategy, and as part of that has embarked on a massive expansion with a substantial investments in new machinery and equipment at its primary facility in Rugao, China. More
Maria Flora to debut indoor/outdoor rugs at Maison & Objet

HTT Staff, August 31, 2012
Paris - Maria Flora will debut its first indoor-outdoor rugs along with its Altre Terre fabric collection at the next edition of Maison & Objet here, Sept. 7-11. More
Frette leaps into lifestyle

HTT Staff, August 30, 2012
New York - Frette has for several years dabbled in giftable items, usually targeting holiday. This week, however, the 106-year-old company unveiled a 101-item collection of gifts and accessories to transform the Italian fine linens company into a total lifestyle brand. More
1888 partners with international design team

HTT Staff, August 29, 2012
Oakbrook, IL -1888 Mills has entered into a strategic alliance with UK home textiles supplier Turner Bianca PLC and will showcase the Manchester-based firm's archive during the New York Home Fashions Market. More
Protect-A-Bed takes its message to the London Underground

HTT Staff, July 27, 2012
Chicago - Protect-A-Bed, which distributes its products in 35 countries, has taken out ads in more than 2,000 train carriages for the duration of the Olympics in London, which officially kicks off this evening. More
Maison et Objet plans seminars

HTT Staff, July 20, 2012
Paris - Maison et Objet has planned inspirational and educational session during the next edition of the show, which runs from Sept. 10-16 at Parcs des Expositions, Paris-Nord Vilepinte. More
Ferreira de Sá to debut Tencel floor coverings

HTT Staff, July 13, 2012
Silvalde, Portugal - Carpet and rug manufacturer Ferreira de Sá, Lda. will show floor coverings made from Tencel fibers during the Home Textiles Sourcing Expo at the Jacob Javits Center in New York from July 24-26. More
NRF: Retailer container traffic expected to be up in July by 1.6%

HTT Staff, July 11, 2012
Washington - Import cargo volume at the nation's major retail container ports is expected to grow 1.6% this month versus July 2011, and modest year-over-year increases are expected through the holiday season shipping cycle. More
Robin Zingone inks licensing deals in Europe, Mexico

HTT Staff, July 5, 2012
Chester, Conn. - Designer Robin Zingone and Luk Internacional have signed a licensing agreement with Creaciones Euromoda SL to produce home textiles under several of Zingone's brands. More
Global exhibitors headed to Home Textiles Sourcing Expo this month

HTT Staff, July 3, 2012
New York - Exhibitor participation is up 10% for the third annual Home Textiles Sourcing Expo taking place at the Javits Center here this month. More
Balta's ceo moves on

HTT Staff, June 15, 2012
Sint-Baafs-Vijve, Belgium - Rug and flooring manufacturer Balta Group said ceo Jules Noten will leave the company July 31 to pursue another opportunity. While the company searches for a successor, cfo Carl Verstraelen will also take on the chief executive's duties. More

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