Lee Takes Reins at Claridge
January 8, 2004,
SAN DIEGO, Calif. — Shannon Lee, one of the two founders-principals of Claridge Textiles International, has bought out Joe Rosenfeld, the other founder-principal.
"Joe is retiring, and I bought out his shares," said Lee, "and we are expanding our facilities, staff and product mix."
Lee formerly was director of design at ADF and is a 10-year veteran of the Chinese textile industry.
Looking ahead, Lee said, "We have added 16 silk looms and have a high end collection of yarn-dyed silks with 200 ends and 217 picks at $6.95."
The company's product is skewed toward the upper end and includes wide width fabrics for top of the bed, luxurious chenilles and tapestries. "We want to be the Craftex of China," Lee said.
In addition, the company is expanding its U.S. staff and has installed a new computer system. "But we are still China-based, and I own the mill," she said. The company is located in Jin Jiang.
Claridge has a warehouse for its fabrics and trimmings in High Point, N.C.
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