Towels and Textiles

New Ownership for Kanata Blanket Company
July 2, 2012

Kanata Blanket Company announced the purchase of the company by a group of investors based in Vancouver, B.C., Canada. No changes in management or operating direction are planned as part of the sale, apart from Fraser Mackay, one of the new owners, who will assume the role of president.

African Cotton Growing Nations Criticize US Farm Bill
June 27, 2012

The “Farm Bill”, which is under consideration of the United States Senate, has been severely condemned by a group of African cotton producing nations.

African nations, which have opposed the US cotton subsidies for years together, criticized the bill saying it is subsidy under a new guise.

Cotton Exports May Not Affect Supply Situation: CITI
June 13, 2012

The continuation of cotton exports from India may not pose any serious problem to cotton supply situation for the textile industry in the country during the remaining months of the current crop season.

Record Cotton Stocks Overwhelm Market
May 16, 2012

It’s hard for the cotton market to ignore nearly 74 million bales of supply. That’s one reason why cotton analysts say cotton futures dropped precipitously in early May, despite China continuing to buy cotton to add to its reserves.

Buyers are offering US35c per kilogramme for the lowest grade while farmers are demanding as much as US50c per kg, one of the negotiators, who asked not to be named, said in an interview last Friday.

Towel Specialties Gains Additional Representation in Iowa
May 8, 2012

Towel Specialties, the towel supplier based in Baltimore, and Hess and Associates recently added two new sales reps to cover Iowa. Charlie Burnett will represent the company in Western Iowa, and Deal Salit will cover Eastern Iowa.

Get A Move On
May 1, 2012

Distributors can clean-up by keeping clients clean at the gym with these popular fitness accessories.