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Article: Decor to join Arlee's table trends. (Arlee Home Fashions to purchase Decor Home Fashions' assets)
- Article from:
- HFN The Weekly Newspaper for the Home Furnishing Network
- Article date:
- November 20, 1995
- Author:
CopyrightCOPYRIGHT 1995 MacFadden Communications Group LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK--When Arlee's purchase of Decor Home Fashions' assets is complete, the result will be a $20 million table linen resource that will focus on fabric.
Arlee Home Fashions' purchase of about $3 million in Decor's assets from Nations Bank in New York could be signed as soon as today. As of press time, the deal was not final.
Arlee will merge Decor's business with its Table Trends division and the new unit will be known as Table Trends/Decor, said Bud Frankel, president of the $70 million company.
The merger will provide Decor with access to fabrics to make its products. The company's main business has been in vinyl. "They can't do the fabrics, ...