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Ikea projects revenue growth of up to 85% by 2020
HTT Staff, October 24, 2012Stockholm - 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
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Walmart's global e-commerce top of mind for future
HTT Staff, October 17, 2012Bentonville, 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
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OW Hospitality fetes opening of new London showroom
HTT Staff, October 16, 2012London, 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
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NYIGF Artisan Resource event dates for 2013 announced
HTT Staff, October 5, 2012White 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
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Maison & Objet attracts visitors from across the globe
HTT Staff, September 27, 2012Paris - The latest edition of Maison & Objet, held Sept. 7-11, attracted a total of 70,916 visitors, down 4.7% from September 2011. More
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Li & Fung, Wal-Mart amend sourcing agreement
HTT Staff, September 20, 2012Hong 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
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Modal fibers now available in color
HTT Staff, September 20, 2012Lenzing, Austria - Lenzing announced its Modal fibers are now available in colors as well as black for the first time. More
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Ikea plans faster expansion, reports 7% sales gain
Clint Engel, September 18, 2012Stockholm - 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
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IFDA, Mariaux to recap the recent Maison & Objet show
HTT Staff, September 17, 2012New 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
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HFI ramps up production capabilities to expand global reach
HTT Staff, September 6, 2012New 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
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Maria Flora to debut indoor/outdoor rugs at Maison & Objet
HTT Staff, August 31, 2012Paris - 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
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Frette leaps into lifestyle
HTT Staff, August 30, 2012New 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
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1888 partners with international design team
HTT Staff, August 29, 2012Oakbrook, 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
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Protect-A-Bed takes its message to the London Underground
HTT Staff, July 27, 2012Chicago - 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
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Maison et Objet plans seminars
HTT Staff, July 20, 2012Paris - 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
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Ferreira de Sá to debut Tencel floor coverings
HTT Staff, July 13, 2012Silvalde, 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
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NRF: Retailer container traffic expected to be up in July by 1.6%
HTT Staff, July 11, 2012Washington - 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
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Robin Zingone inks licensing deals in Europe, Mexico
HTT Staff, July 5, 2012Chester, 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
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Global exhibitors headed to Home Textiles Sourcing Expo this month
HTT Staff, July 3, 2012New York - Exhibitor participation is up 10% for the third annual Home Textiles Sourcing Expo taking place at the Javits Center here this month. More
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Balta's ceo moves on
HTT Staff, June 15, 2012Sint-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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