 |
| 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.
Established in 1918, Kravet is a family run industry leader representing a range of home furnishings products and designers including Lee Jofa. Kravet's commitment to quality will, I believe, preserve and enhance Brunschwig & Fils designs and hopefully restore some of their archived prints. Kravet's user friendly designer customer service program is the most technologically advanced in the industry and could create significant synergies with many of B & F brands. Kravet is due to take over operations by the end of March 2011.
Established in 1918, Kravet is a family run industry leader representing a range of home furnishings products and designers including Lee Jofa. Kravet's commitment to quality will, I believe, preserve and enhance Brunschwig & Fils designs and hopefully restore some of their archived prints. Kravet's user friendly designer customer service program is the most technologically advanced in the industry and could create significant synergies with many of B & F brands. Kravet is due to take over operations by the end of March 2011.
Nice to get a Wall Street perspective on the industry.
ReplyDeleteFloor to ceiling drapes! Love! And the curtain for the day bed!
ReplyDeleteLove the pink room! I'm a new follower now ;)
ReplyDeleteThank you, Tiffany! It is fun to have some chic readers Down Under! xo
ReplyDelete