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Culp rolls out FY ’16 Financial Report

US-based Culp Inc., a leading circular knitter and marketer of mattress fabrics for bedding and upholstery fabrics for residential and commercial furniture, has reported rise in net income by 31.95 per cent in the fiscal year ended 30 April 2017. The company witnessed net income of US $ 22.3 million during the year compared to US $ 16.9 million in the previous year. During the fiscal year, net sales were US $ 309.5 million, down […]

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Tuft & Needle gets ‘STANDARD 100’ certificate from Oeko-Tex

US-based Tuft & Needle has recently been certified with STANDARD 100 by Oeko-Tex association. This certificate indicates that one of the largest mattress manufacturers have been tested to be free from harmful levels of more than 300 concerning chemicals. It’s worth mentioning here that Tuft & Needle is the first company to achieve certification of a complete mattress system. The company’s mattresses meet STANDARD 100 Class 1 criteria, the most stringent of the four OEKO-TEX […]

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Heimtextil India ’17 to see launch of new products

Indian home furnishing giants like D’decor, Welspun, Shri Lakshmi Cotsyn, Ezaro Export and others have lined up launch of new products for the visitors at the upcoming international trade show Heimtextil India and Ambiente India, set to open doors in New Delhi next week. At the fourth edition of India’s finest home fashion business platform, D’decor, a Mumbai-based home decor company, will unveil its latest Diwali collection along with new digitized products. Simultaneously, Welspun will […]

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IKEA to strengthen online operations

Sweden-based furnishing retailer IKEA is planning to sell its products on websites other than its own by next year. The idea is aimed to increase its online customers. This was disclosed by Inter IKEA Group Chief Executive Torbjorn Loof, who reportedly said, “On digital platforms, we only sell our products through our own website, and there we also see that the competitive landscape is changing.” The name of the platforms on which the retailer will […]

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IKEA opens door of its new Columbus store

IKEA, the global home furnishing giant IKEA, has opened its gates of its new store in Columbus on June 7. Members of the US Embassy of Sweden arrived for the grand opening of second IKEA store in Ohio’s, and 44th in the country. The Swedish company will feature more than 10,000 exclusive items and a countless display of inspirational room settings, home interiors, a restaurant, and a children’s play area. Also Read – IKEA Canada […]

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IKEA acquires land in Bangalore (India) for its new store

Sweden-based global furniture giant has announced to open its third store in Indian city of Bangalore, Karnataka after Hyderabad and Mumbai. The furniture retailer has acquired first land parcel in Bengaluru for the same. The furnishings company’s first store in India will open early next year in Hyderabad. The company plans to open 25 stores here by 2025. 14-acre land has been acquired by the company from Bangalore Metro Rail Corporation. Out of this, the […]

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Merchant Export: A successful business model for Idyllic Creations

Indian home furnishing segment is continuously growing despite various challenges, and accordingly some players are changing their existing strategies, whether small or big, to survive in this cut-throat competition. If required, they also modify their business model according to the market needs. Apparel Online met with one such dynamic person, D. Asirvatham, who entered into this business in 1996 with his company Expectation (a full-fledged manufacturing set-up) which eventually closed in due course of time […]

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IKEA UK & Ireland launches ‘textile take-back’ scheme

IKEA UK & Ireland has launched a new textile take-back scheme at its Cardiff store, encouraging customers to recycle unwanted textiles and help the local community. As the first IKEA textile take-back initiative in the UK, the scheme will give customers in Cardiff the opportunity to bring in any unwanted textiles purchased from any store – from clothing to soft furnishings – to be reused, repaired or recycled. There will also be workshops in store […]

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Welspun to launch new collection at Heimtextil India ’17

India-based home textiles manufacturer Welspun India Ltd. has announced to launch its new collection of bed sheets, quilts, duvet covers, bedspreads, towels, bathrobe, bath mats, curtains, rugs, carpets and other things at the upcoming home furnishing trade show Heimtextil India 2017. The home furnishing exhibition is set to take place from June 20-22, 2017 at Pragati Maidan, New Delhi. It will serve as meeting platform for retailers, wholesalers, bulk-buying houses, e-commerce websites and many more. […]

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Kathy Ireland broadens luxury furnishing footprint

Kathy Ireland’s international soft furnishing brand kiWW is increasing its footprint in the luxury retail market with the up-and-coming launch of the ‘Kathleen Marie New York’ brand at up-scale luxury retailers Neiman Marcus and Horchow. The announcement of the launch was made at the ongoing trade show, Licensing Expo in Las Vegas, USA. The KMNY brand has a long standing partnership with leading floor covering manufacturer, Nourison, which enables them in creating inimitable artistic prints […]

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Indian home furnishing exporter Raj Group focuses on sustainable production

Panipat (India)-based Raj Group, a leading home furnishing exporter is aggressively working on the sustainability front. The company is investing in sustainable initiatives which includes zero liquid discharge (ZLD) facility and more use of various kinds of cotton in its wide range of products. Sumeet Nath, Managing Partner of the company told Apparel Resources, “We are open in terms of sustainability budget. In the coming year, we are setting up a 500 KLD plant for […]

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IKEA eyes to reach more Indian cities

Sweden-based global home furnishing giant IKEA is eyeing to set up its stores in Indian capital city New Delhi and Karnataka’s capital city Bangalore. This was disclosed by IKEA India CEO Juvencio Maeztu during an interview to a leading business newspaper. IKEA India, part of the IKEA Group, has been present in India for 28 years, sourcing many different products for its stores worldwide. The retailer is set to open two stores one each in […]

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India’s Vijay Designs Inspirations to expand market reach

After witnessing surging turnover by 100 per cent in last few years, Greater Noida (India)- based home furnishing manufacturer, Vijay Designs Inspirations, has announced to expand its market reach with its new proposed international brand named ‘Dhaarna’. The company is also planning to diversify its product range as well as aiming to increase its production efficiency. In an exclusive discussion with Apparel Resources, Vivek Vikas, Managing Director, Vijay Designs Inspirations said, “We are planning to […]

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Target to launch baby brand Cloud Island on May 28

US-based department store retailer Target Corporation has decided to launch new baby brand Cloud Island in Target stores and on Target.com on May 28. The decision was taken by the retailer to make setting up the nursery by expecting parents a simple, safe and stress-free task with the launch of baby brand. “We worked with our guests to design Cloud Island just for them. This guest-focused approach is one of Target’s key differentiators, and Cloud […]

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IKEA to set up home-services department in India

Sweden-based global home furnishing giant IKEA has decided to set up home-services department in India to cater to customers for delivery and assembly of its products. The furniture retailer is expecting almost 50 per cent of its Indian customers to avail this facility. Most of IKEA customers in other markets prefer to buy ready-to-assemble beds and sofas. “In some of our European markets, around 3-10 per cent of our customers opt for home-delivery or assembly […]

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