Home / Knowledge / News / Textiles / US's home textiles supplier 1888 Mills takes over Beacon Looms
US's home textiles supplier 1888 Mills takes over Beacon Looms
22
Oct '11
Looking forward to enlarge its product portfolio, US-based home textiles supplier 1888 Mills has acquired a family-owned window treatments developing and producing firm, Beacon Looms, another US-based company. However, the terms of the agreement were not made public.

During 2009, with an overall sales turnover of around US$ 240 million, 1888 Mills was the 14th biggest supplier of home textiles items to the US market.

The firm, which for long continued to be a towel manufacturer, later on diversified into bedding and came up with its bedding and bath collection during the New York Home Fashions Market held during September 2011.

The acquisition is considered to be mutually beneficial for the firms as both share similar values. The mingling of Beacon's excellence with 1888 Mill's budding international operations is also seen to prove beneficial for both the firms.

Beacon Looms, instituted in 1914, possesses more than 100 patents in design and making of window curtains. This expertise in window solutions would make the firm a vital part of 1888 Mill's retail marketing strategy.

The addition of window solutions to its existing product line would make 1888 Mills a real total home solutions provider firm and would even help it to continue as a low-cost manufacturer as expected by its customers.

The acquisition has brought an addition of Beacon Looms' China office to 1888's list of offices. 1888 production bases are already present in Bangladesh, USA, Ghana and Pakistan.

1888 Mills proposes to continue marketing the window treatment solutions under the Beacon brand.

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: Raymond

Apparel/Garments | On 28th Jun 2017

Raymond plans to invest Rs 1,400 crore in Amravati plant

Raymond, Indian textiles and apparel major, has decided to invest Rs...

Textiles | On 28th Jun 2017

GST and textiles industry: Analysis and opinion

The Goods and Services Tax (GST) is at long last all set to be rolled ...

Textiles | On 28th Jun 2017

India probing dumping of polyester yarn by China

Indian government is probing anti-dumping allegations against a...

Interviews View All

Deepak Jain
Baggout

We are using Facebook and Instagram to promote ourselves

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
July 2017

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search