Home / Knowledge / News / Textiles / Kravet provides financing & bids to purchase Brunschwig & Fils
Kravet provides financing & bids to purchase Brunschwig & Fils
Jan '11
Olivier Peardon, President and Chief Executive Officer of Brunschwig & Fils, announced that the family-owned company has filed for Chapter 11 restructuring and, concurrently, that Kravet, a fourth generation family company, one of the largest privately held distributors of fabrics and home furnishings with locations worldwide, has agreed to buy Brunschwig & Fils subject to a competitive bid process.

Kravet has agreed to provide financing to ensure that Brunschwig & Fils can continue as a financially sound trading partner during this time of reorganization.

Mr. Peardon stated, "The restructuring is a business decision that will not affect the quality of our products, or present and future orders. This restructuring will improve our services and supply chain flow. Our relationships with the lines we represent remain intact and the Brunschwig & Fils Design Studio is creating new patterns for future release."

Brunschwig & Fils is an internationally respected brand that, for the past 110 years, has been the preeminent destination for luxury fabrics, wall coverings, trims, lighting, furniture and accessories.

Kravet, throughout its 93 years in business, has firmly established itself as a distributor of high-end brands such as Lee Jofa and GP&J Baker.

Over one hundred and ten years ago, Brunschwig & Fils was founded as a tapestry weaving mill in Aubusson and Bohain, France. Brunschwig & Fils designs and distributes traditional and contemporary decorative fabrics, wall coverings, trimmings, upholstered furniture, lamps, tables, mirrors and accessories.

Brunschwig & Fils

Must ReadView All

Textiles | On 24th Oct 2016

Baba Ramdev’s Patanjali to enter textile manufacturing

Patanjali Ayurved, an enterprise initiated by yoga guru Baba Ramdev,...

Textiles | On 24th Oct 2016

German technology to help in energy saving in textiles

German technology can play a major role making the environment...

Courtesy: Trupik

Apparel/Garments | On 24th Oct 2016

Virtual 3D fitting rooms revolutionising online shopping

Virtual fitting rooms meant to bridge the gap between e-commerce...

Interviews View All

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Evelyne Cholet

‘France had a reputation of being big in new ideas, but poor in marketing...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

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


Browse Our Archives


Advanced Search