Dan River signs $100 million Starwood deal
May 8, 2007,
New York -- Baker Linen, the hospitality division of Dan River Inc., has signed a multi-year, $100 million contract with Starwood Hotels and Resorts Worldwide to supply the chain with home furnishings products, the textiles company announced.
Dan River acquired both Baker Linen and its former parent, Best Manufacturing Group, earlier this year in a U.S. Bankruptcy Court auction.
Dan River, with annual sales in the range of $250 million, has shuttered all of its U.S. production since its acquisition by GHCL, sourcing product from India and Asia.
Starwood Hotels and Resorts, with about 850 properties in more than 95 nations, such names as St. Regis, Sheraton, Westin, W, and Le Meridien includes among its brand portfolio.