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Home Textiles Business Update

  • ID: 5062030
  • Report
  • May 2020
  • Region: Global
  • 16 Pages
  • Textiles Intelligence Ltd.

FEATURED COMPANIES

  • Abercrombie Textiles
  • Gabriella White
  • IKEA Retail US
  • Malouf
  • Pharr
  • Sioen Industries
  • MORE

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; corporate strategy; environmental sustainability; investments; joint ventures, cooperation, licensing and distribution; markets; new brands; and traceability. Companies, other organisations and brands examined in this report include Abercrombie Textiles, Cotton Council International (CCI), Duvaltex, Ferreira de Sá, Gabriella White, Glen Raven, IKEA, IKEA Retail US, Kingsdown, Kravet, Malouf, Mannington Mills, Oritain, Pharr, Serta Simmons Bedding (SSB), Sherpa Capital, Sherwood Bedding, Sioen Industries, Soft-Tex International (Soft-Tex), Stanford Furniture, Tempur Sealy, Tmall, The Crypton Companies (Crypton), Walker Greenbank and Wayfair.

Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Abercrombie Textiles
  • Gabriella White
  • IKEA Retail US
  • Malouf
  • Pharr
  • Sioen Industries
  • MORE

1. SUMMARY

2. ACQUISITIONS, DIVESTMENTS, AND MERGERS

  • Furniture manufacturer Gabriella White has acquired upholstery manufacturer Stanford Furniture
  • Glen Raven will divest its PVC coating activities to Sioen Industries
  • Mattress and bedding manufacturer Tempur Sealy has acquired a majority share in
  • Sherwood Bedding
  • Performance textiles manufacturer The Crypton Companies (Crypton) has acquired textiles manufacturer Abercrombie Textiles
  • Textile products manufacturer Pharr has sold its Pharr Fibers & Yarns and Phenix Flooring divisions to Mannington Mills

3. CORPORATE STRATEGY

  • Contract textiles maker Duvaltex will merge three of its brands as part of an organisational streamlining process
  • IKEA has opened a virtual retail store on the Tmall e-commerce site
  • IKEA Retail US has entered into a partnership with Optoro as part of a strategy of streamlining its reverse supply chain and contributing to a circular economy
  • Luxury mattress producer Kingsdown has diversified into the manufacture of luxury pillows

4. ENVIRONMENTAL SUSTAINABILITY

  • Bedding manufacturer Malouf has established an Environmental Sustainability Council

5. INVESTMENTS

  • Private equity firm Sherpa Capital has made an investment in luxury rug manufacturer Ferreira de Sá

6. JOINT VENTURES, COOPERATION, LICENSING AND DISTRIBUTION

  • Luxury interior furnishings group Walker Greenbank has expanded the scope of its distribution agreement with Kravet to include Canada
  • Soft-Tex International and Serta Simmons Bedding have entered into an exclusive partnership agreement

7. MARKETS

  • EU imports of home textiles were up in value and volume in 2019
  • US imports of made-up textiles were down in value but up in volume in 2019

8. NEW BRANDS

  • Online home furnishings and home textile products retailer Wayfair has launched a home furnishings brand called Hykkon

9. TRACEABILITY

  • Oritain and Cotton Council International (CCI) have entered into a partnership to apply verification technology to Cotton USA branded cotton
Note: Product cover images may vary from those shown

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  • Abercrombie Textiles
  • Cotton Council International (CCI)
  • Duvaltex
  • Ferreira de Sá
  • Gabriella White
  • Glen Raven
  • IKEA
  • IKEA Retail US
  • Kingsdown
  • Kravet
  • Malouf
  • Mannington Mills
  • Oritain
  • Pharr
  • Serta Simmons Bedding (SSB)
  • Sherpa Capital
  • Sherwood Bedding
  • Sioen Industries
  • Soft-Tex International (Soft-Tex)
  • Stanford Furniture
  • Tempur Sealy
  • The Crypton Companies (Crypton)
  • Tmall
  • Walker Greenbank
  • Wayfair
Note: Product cover images may vary from those shown
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