Fre e Pro copie pos s at te
Volume 28, Number 2
Spring 2018
The Global Home & Contract Sourcing Newspaper
German Editeurs Are Finding Things Very Tough Indeed As They Seek Restructuring and the Local Courts for Salvation F&FI News Network
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EW YORK, New York — As the world heads to Proposte for the annual showing
of European suppliers, German editeurs are battling difficult market conditions in the wake of declining sales and poor reorders leaving their vendors and
Richard Smith Says Thieves Stole Artwork From Three Companies at Heimtextil
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agents out of luck for payments. This will no doubt put a damper on proceedings at Proposte this year but everyone is hoping for the best. The Germans are seeking the cover of insolvency laws which give them a temporary way out of the mess they are
in but this is no panacea; sooner or later, the editeurs will have to come to grips with their difficult situation. Veteran sources say that Germany is not the problem; it is the overall decline in the EU market and the devastating effect Chinese suppliers have had on pricing the overall market down (continued on Page 14)
David Li Sees China Giving Way to U.S.
Remo Rentgen - Nya Nordiska
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Richard Smith David Li
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Christoph Haussler - Sahco
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Baton
Michael with his two sons Ben and Jack
Michael Schneider Named Publisher