South America
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Springs Global returned to profitability in ’09
March 30, 2010Sao Paulo, Brazil – Springs Global rebounded into a profit last year thanks in part to cost-cutting, improved margins and expanded share in a buoyant domestic market here. More
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Turner retiring from Cotton Inc.
March 12, 2010Cary, N.C. – Long time fiber and fabric executive Dean Turner is retiring from Cotton Inc. on March 15. More
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Court of Versailles reinterprets look for the 21st Century
March 3, 2010New York – Court of Versailles is coming to market with three new bedding ensembles intended to update the look for the modern luxury consumer. More
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HTT to debut show-within-show during market
February 18, 2010New York – HTT is bringing together a group of international exhibitors for the Global Interiors Home Collection Show, a show-within-show concept taking place during the New York Home Fashions Market. More
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Walmart: Home benefiting from sourcing deal and consolidation
February 18, 2010Bentonville, Ark. – Walmart’s alliance with Li & Fung, which shifts a portion of the sourcing responsibility and manpower off Walmart’s plate, is already showing “early benefits,” according to the company. More
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Retail container traffic to rise 25% in first half
February 8, 2010Washington – Import cargo volume at the nation’s major retail container ports is projected to jump 25% during the first six months of 2010 on a year-over-year basis, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. More
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Deal gives Wal-Mart option to take over new sourcing entity
January 28, 2010Hong Kong – The Li & Fung souring deal announced today with Wal-Mart Inc. gives the retailer the option to take ownership of WSG – the new operation that the trading company is establishing to provide global sourcing services for the WM account. More
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More details emerge on Wal-Mart, Li & Fung deal
January 28, 2010Hong Kong – Li & Fung’s new business handling direct sourcing for Wal-Mart, announced earlier today, will be called WSG. The wholly owned subsidiary is expected initially to be focused 80% on hard lines and 20% apparel, the company’s president told HTT. More
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Culp fights to protect fabric copyrights
January 21, 2010High Point — Fabric and mattress ticking maker Culp Inc. said it has reached agreements with unnamed customers and fabric suppliers over copyrighted fabric designs and will be pursuing others who are using unauthorized versions of its designs. More
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Target focus shifts to remodeling stores to new format
January 21, 2010Minneapolis – Target will focus on renovations this year and longer-term expansion in urban U.S. locations and outside the country. Instead of opening its usual 60 stores in 2010, it will open only 10 on a net basis. More
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Heimtextil sees slight uptick in visitors
January 20, 2010Frankfurt, Germany – The recently concluded Heimtextil trade fair here drew 72,000 visitors, eclipsing the 2009 show’s tally of 70,000. More
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Walmart de Mexico prez named chief for Latin America
December 18, 2009Bentonville, Ark.– Wal-Mart Stores Inc. has promoted Eduardo Solorzano, president and ceo of Walmart de Mexico, to executive vp, president and ceo of Walmart Latin America, responsible for Walmart's operations in Argentina, Brazil, Chile, Costa Rica, El Salvador, Guatemala, Honduras, Mexico, Nicaragua and Puerto Rico. In addition, Walmart de Mexico has elected Solorzano chairman of the board. More
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Vegas outlines seminars, new hospitality sector
December 15, 2009Las Vegas — The lineup of education programs at February’s Las Vegas Market touches on a number of subjects from trends to web marketing to business strategy. More
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Pantone's Color of the Year for 2010: Turquoise
December 8, 2009Carlstadt, N.J. – Color authority Pantone today unveiled Pantone 15-5519 Turquoise, it’s Color of the Year for 2010. More
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Sears.com expands international shipping
November 24, 2009Hoffman Estates, Ill. – Looking to attract U.S. shoppers who have families living abroad, Sears.com now offers international shipping to 90 countries, having recently added the U.K., France, Germany, Spain, China, India, Japan, Argentina and Brazil. More
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Polymer Group's profits soar in 3Q
November 13, 2009Charlotte, N.C. – Polymer Group boosted profits despite lower sales in the third quarter. More
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Wal-Mart buoyed by better-than-expected results in 3Q
November 12, 2009Bentonville, Ark. – Wal-Mart Stores Inc. exceeded its guidance in earnings per share and grew total sales during its third quarter, giving the discount department store chain reason for greater expectations into the holiday selling season. More
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HFPA Counsel: Feds cracking down on regs
November 12, 2009New York – Between the arrival a more regulatory-oriented crowd in Washington and a need to generate revenues for a battered budget, the Federal government is amping up enforcement in several areas that impact home textiles, the Home Fashion Products Associations’ counsel told members during this morning’s annual meeting. More
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Consumer Safety Commission clarifies policy on lead in children’s products
October 27, 2009Washington – The Home Fashion Products Association has sent an alert noting the U.S. Consumer Product Safety Commission (CPSC) issued a policy outlining its current guidance on testing and certification of children’s products for compliance with lead content limits. More
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Wal-Mart to focus on remodels at home, expansion abroad
October 23, 2009Bentonville, Ark. – Wal-Mart Stores Inc. will raise capital expenditures next year as it boosts the pace of store remodels in the United States and expands into emerging markets. More
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OTHER HOME FURNISHING SITES
