P/Kaufmann obtains Clarence House

New York — P/Kaufmann Inc. has agreed in principal to acquire Clarence House, a leader in the high-end decorative fabric business.

"We are still finalizing the agreement and expect to finish in 30 days to 45 days," said Ron Kaufmann, president of P/Kaufmann, one of the big three decorative fabric converters, along with Richloom and Covington Inds.

Robin Roberts, founder and owner, "absolutely will stay on," Kaufmann emphasized. "He will continue to be responsible for the entire creative side of Clarence House — product development to advertising."

The P/Kaufmann involvement, Kaufmann explained, "will be to bring some financial and managerial support. We hope to greatly expand the company's potential. It's a very attractive business opportunity, and it arguably is the best brand in the business." Market estimates peg Clarence House volume at more than $60 million.

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

  • Live From New York: Fashion Comes Across the Pond

    Camera Icon More Videos

Subscribe to
Home & Textiles Today eDaily
Receive the news you need to know about the trends in the industry delivered right to your inbox.

CURRENT ISSUE

HTT Cover October 2017

See the October 2017 issue of Home & Textiles Today. In this issue, we look at the Top 25 Online Retailers.  H&TT's exclusive annual ranking of the biggest online sellers of home textiles finds that while pure play etailers continue to fly, bricks & clicks are digging into omnichannel. See details!