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Article: Double feature: Glenoit Mills gears up in bath and scatter rug business.
- Article from:
- HFN The Weekly Newspaper for the Home Furnishing Network
- Article date:
- February 19, 1996
- Author:
CopyrightCOPYRIGHT 1996 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--Glenoit Mills hopes to make a splash in bath and grow fatter in scatter.
With the market for printed bath and accent rugs climbing, Glenoit is poised to take its rug business--currently focused in the kitchen and welcome mat categories--into greater penetration of the bath and decorative rug businesses.
"The bath and area rug classifications will fuel a significant part of Glenoit's growth, " said Tom O'Gorman, president and chief executive. O'Gorman added that the company is "looking at other opportunities" to increase the volume of business done in these products.
Sources close to the industry estimate Glenoit's total annual sales, ...