Breakout: Kea Capel launches firm
February 25, 2003,
Pinehurst, NC — After 16 years at Capel Inc. working for her father and two uncles, Kea Capel has resigned to launch her own rug and textile company, Kea Capel Inc., along with a silent partner.
Capel said she owns "a significant portion" of Kea Capel Inc., with the remainder owned by a partner Capel identified only as a multiple category producer.
Over the next year Kea Capel Inc. will add constructions of area rugs from overseas, including felt from India and other styles from China, as well as enter new categories, including bedding, table linens and window coverings.
Capel's line will target independent furniture stores, catalogs and specialty chains. The first initiative involves production of private-label goods, but an open line under the Kea Capel Inc. brand will be offered at spring market.
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