Tuesday, March 8, 2011

Brunschwig & Fils Purchased By Kravet

Brunschwig and Fils chintz was quilted and made into slipcovers for this East Hampton living room designed by Rob Southern as featured in the March 2011 issue of House Beautiful.
In January 2011, iconic fabric house Brunschwig & Fils filed for bankruptcy protection as a result of declining revenues since the onset of the financial crisis.  At yesterday's heated auction, competing fabric house Kravet outbid investment firm Soverign Partners to purchase Brunschwig & Fils.