Volume 35, Number 3 • Summer 2024
Global Home & Contract Sourcing News
The U.S. Fabric Industry Redefines Itself in a Post Covid World! Major Converter Richloom Arc|Com's Marc Layne Sees 2024 Sales Growth Copes with Major Change Third Generation Family Management Reinvents the Company under Michael Saivetz F&FI News Network
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EW YORK—Richloom, one of the world’s largest home furnishings fabric and upholstery converters has had to change the way it does business and it is paying off in the post Covid world according to President and COO, Michael Saivetz. Saivetz says sales will be up for Richloom this year over 2023, This growth will be supported by the largest Platinum multipurpose (continued on Page 14)
F&FI News Network
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RANGEBURG, NY — Arc|Com President Marc Layne has been in the saddle for seven years but the industry he joined since then has changed dramatically more than at any other time in the company's 52-year history. “We had to reinvent ourselves in the post Covid world; everything we did in the way of managing, buying and selling has changed,” the second family generation President remarks. He follows the lead from his father, Jeffrey Layne, the 82-year-old founder of Arc|Com and works closely with Marisa Pichigian, Executive Vice President, 20 years plus veteran with the firm. Today, Arc|Com sells cubicle curtains, upholstery, drapery, (continued on Page 6) Marisa Pichigian, Marc Layne and Jeffrey Layne
Michael Saivetz (left) with his uncle, Jim Richman
Abed’s, 60-Year-old Barbados Retailer Keeps Finding Niches • P21
Eddy Abed and his wife Milly, founders of Abed's
Leslie Jee Textiles, TSG Finishing Partners; Jee Expands Distribution to North Carolina • P8
Angel’s Product Innovations Boost Drapery Linings Growth • P22
Leslie Jee
Niko, Karen, Taylor and Ralph Angel