Springs augments sourcing with Ultima deal

Fort Mill, SC — Springs Industries has acquired a major aspect of Ultima Enterprises, the business which sources quilts and other related home textiles from Asia, in an effort to bolster its sourcing capabilities.

Although Ultima is formally based in New Jersey, according to Ted Matthews, vp, corporate communications for Springs, the factory and approximately 20 employees joining Springs are based in Shanghai, China.

Ultima develops and markets products made by a network of suppliers. Its employees are involved in all aspects of product merchandising, design, production management, quality control, export logistics and customer service.

The acquisition also erases Ultima from the home textiles picture as quilts had been one of the major aspects of the company.

Home & Textiles Today Staff | News & Commentary

 Home Textiles Today is the market-leading brand covering the home and textiles markets, offering a comprehensive package of print and online products. Home & Textiles Today provides industry news, product trends and introductions, exclusive industry research, consumer data, store operations solutions, trade show news and much more.

Featured Video

  • The Countdown to the ICON Honors Continues featuring Christophe Pourny

    Camera Icon More Videos


HTT digital edition

See the May 2017 issue of Home & Textiles Today. In this issue, we discuss our annual Market Basket survey, which finds higher prices and more polyester at leading retailers. See details!