Pharr has divested its Pharr Fibers & Yarns and Phenix Flooring divisions to Mannington Mills,and Glen Raven will divest its PVC coating activities to Sioen Industries.Gabriella White has acquired upholstery manufacturer Stanford Furniture,Tempur Sealy has acquired a majority share in Sherwood Bedding,The Crypton Companies (Crypton)has acquired the textiles manufacturer Abercrombie Textiles,and Sherpa Capital has made an investment in luxury rug manufacturer Ferreira de Sa.IKEA Retail US has entered into a partnership with Optoro as part of a strategy of streamlining its reverse supply chain,and a virtual IKEA retail store has been opened on the Tmall e-commerce site.Soft-Tex International (Soft-Tex)has entered into an exclusive partnership agreement with Serta Simmons Bedding (SSB),and Walker Greenbank has expanded an existing distribution agreement with Kravet.Luxury mattress manufacturer Kingsdown has diversified into the manufacture of luxury pillows,Wayfair has launched a home furnishings brand called Hykkon,and contract textiles manufacturer Duvaltex will merge its True,Victor and Teknit brands into a single brand named Duvaltex.Maloufhas established an Environmental Sustainability Council to evaluate the impact of the company's operations on the environment,and Oritain and Cotton Council International (CCI)have entered into a partnership to ensure the traceability of Cotton USA branded cotton.Meanwhile,EU imports of home textiles in 2019 were up in value and volume,and US imports of made-up textiles in 2019 were down in value but up in volume.
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