Dan River signs $100 million Starwood deal

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.

GHCL, the Delhi, India-based parent of Dan River and Baker, said in a statement to the Bombay, India, stock exchange that the contract will cater to Starwood's North American hotels and resorts, "and has potential to grow multi-fold by supplying to Starwood's global portfolio of hotels and resorts."

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.

Thomas RussellThomas Russell | Associate Editor, FurnitureToday
trussell@furnituretoday.com

I'm Tom Russell and have worked at Furniture/Today since August 2003. Since then, I have covered the international side of the business from a logistics and sourcing standpoint. Since then, I also have visited several furniture trade shows and manufacturing plants in Asia, which has helped me gain perspective about the industry in that part of the world. As I continue covering the import side of the business, I look forward to building on that knowledge base through conversations with industry officials and future overseas plant tours. From time to time, I will file news and other industry perspectives online and, as always, welcome your response to these Web postings.

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