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Home Textiles Update
Issue 101: May 2020

Product Overview
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Product Overview   

Home Textiles Update is an executive briefing, supplied in electronic format. Each month, we include details of the latest developments and business news in the home textiles sector.
Every issue focuses on product developments and innovations in the home textiles sector. In addition, we provide a business update each month -- so that you remain aware of the key players and their activities, and so that you can plan your company's strategy with confidence.
What's in it?
"Home Textiles Update" includes information on carpets, bedding products, towelling products, table linen, curtains and upholstery fabrics. The publication also includes developments in the important contract business.

Like all Textiles Intelligence publications, "Home Textiles Update" is a reliable source of independently sourced business information, and it does not carry advertising. Recent issues contain details of acquisitions within the sector, events, financial results, markets, new fibres and fabrics for home textiles, and trend forecasts.

Table of Contents
PRODUCT DEVELOPMENTS AND INNOVATIONS in:
  • The Fairtrade Foundation and Pratibha Syntex are working to develop a breed of non-genetically modified (non-GM) cotton seeds
  • airweave has developed a new mattress which has a modular design
  • Magniflex has developed antiviral mattresses and bedding products

 
BUSINESS UPDATE from:
  • Haniel has entered into an agreement to acquire a majority stake in Emma  The Sleep Company
  • Wendre Group has acquired the Germany-based pillows and quilts manufacturer Geska Bettwarenfabrik
  • Sateri has started to manufacture lyocell fibre using a new production line in Shandong, China
  • The United States International Trade Commission (USITC) has determined that there is "reasonable indication" that the mattress industry in the USA is being damaged by imports of mattresses from seven countries
  • Ethan Allen: net sales in the third quarter of 2019/20 were down by 15.8%
  • Lenzing: revenues in the first quarter of 2020 were down by 16.7%
  • Tempur Sealy: net sales in the first quarter of 2020 were up by 19.0%
  • The TJX Companies: net sales in the first quarter of 2020/21 were down by 52.5%
  • Malouf has acquired a new distribution facility in North Carolina, USA, to support its expanding operations