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Home textiles business update, April 2019

Home textiles business update, April 2019

This report provides information, analysis and valuable insight into developments relating to the global home textiles industry and market in the following categories: acquisitions, divestments and mergers; capacity expansions; certifications; corporate strategy; investments; joint ventures, cooperation, licensing and distribution; new facilities; and new stores. Companies, other organisations and brands examined in this report include: Aditya Birla Group, Aquafil, Aurora Specialty Textiles Group, Blöcker, Coats, Elbit Vision Systems (EVS), H&M, HRJ Design Studio, Inter IKEA Systems, Invista, Itochu, JAB Anstoetz Systems, Kvadrat, Latexco USA, Lenzing, Malouf, Mascioni, Metsä Spring, MHS Licensing & Consulting, Morris & Co, RadiciGroup, Standard Textile, Twine Solutions, Uster Technologies, Verosol and Wayfair.


  • SUMMARY
  • ACQUISITIONS, DIVESTMENTS AND MERGERS
    • INDUSTRIAL THREAD MAKER COATS HAS INVESTED US$5 MN IN RETURN FOR A 9.5% STAKE IN ISRAELI TECHNOLOGY START-UP COMPANY TWINE SOLUTIONS
    • KVADRAT HAS ACQUIRED VEROSOL AS PART OF A STRATEGY TO ESTABLISH A NEW BUSINESS ENTITY, KVADRAT SHADE, AS A LEADER IN THE PERFORMANCE TEXTILES AND WINDOW COVERINGS SECTOR
    • STANDARD TEXTILE HAS ACQUIRED THE GLOBAL HOSPITALITY BUSINESS OF MASCIONI
    • QUALITY CONTROL INSTRUMENTS MANUFACTURER USTER HAS ACQUIRED ELBIT VISION SYSTEMS (EVS)
  • CAPACITY EXPANSIONS
    • ADITYA BIRLA GROUP WILL INVEST RS150 BN (US$2 BN) IN ITS OPERATIONS IN GUJARAT, INDIA
    • INVISTA WILL INCREASE ITS CAPACITY FOR PRODUCING NYLON 6.6 POLYMER
    • US BED LINEN AND BEDDING PROVIDER MALOUF WILL EXPAND ITS HEADQUARTERS IN ORDER TO ACCOMMODATE GROWTH
  • CERTIFICATIONS
    • RADICIGROUP HAS GAINED GLOBAL RECYCLED STANDARD (GRS) CERTIFICATION FOR TWO OF ITS POLYESTER YARNS DERIVED FROM RECYCLED MATERIALS
  • CORPORATE STRATEGY
    • HOME FURNISHINGS AND HOME TEXTILES ONLINE RETAILER WAYFAIR HAS DEVELOPED A MIXED REALITY INTERIOR DESIGN AND ROOM PLANNING APP
  • INVESTMENTS
    • AURORA SPECIALTY TEXTILES GROUP HAS INVESTED IN SUSTAINABLE MANUFACTURING AT ITS NORTH AMERICAN PLANT
  • JOINT VENTURES, COOPERATION, LICENSING AND DISTRIBUTION
    • JAB ANSTOETZ SYSTEMS HAS ENTERED INTO A LICENSING AGREEMENT WITH BLÖCKER RELATING TO THE MANUFACTURE OF PLEATED AND HONEYCOMB BLINDS
    • METSÄ SPRING AND ITOCHU HAVE ENTERED INTO A JOINT VENTURE TO DEVELOP AN ENVIRONMENTALLY SUSTAINABLE FIBRE PRODUCTION TECHNOLOGY
    • MHS LICENSING & CONSULTING HAS ESTABLISHED NEW LICENSING AGREEMENTS FOR A SET OF DESIGNS BY HRJ DESIGN STUDIO
    • MORRIS & CO HAS LICENSED A SELECTION OF ITS PRINT DESIGNS TO H&M
  • NEW FACILITIES
    • AQUAFIL HAS OPENED ITS FIRST CARPET RECYCLING FACILITY IN THE USA
    • LATEXCO USA WILL OPEN A NEW PRODUCTION AND DISTRIBUTION FACILITY IN THE USA
    • LENZING HAS OPENED A CENTRE OF EXCELLENCE AT ITS SITE IN PURWAKARTA, INDONESIA
    • MALOUF HAS ACQUIRED A NEW WAREHOUSE IN DALLAS, TEXAS, USA
  • NEW STORES
    • INTER IKEA SYSTEMS HAS OPENED TWO NEW CITY CENTRE CONCEPT STORES-ONE IN LONDON, UK, AND ONE IN NEW YORK, USA
    • INTER IKEA SYSTEMS HAS OPENED A STORE IN GREENWICH, LONDON, UK, WHICH IS THE MOST ENVIRONMENTALLY SUSTAINABLE IKEA STORE IN THE WORLD

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