— Furniture Today
Second Asian deal for company

FALL RIVER, Mass. — Quaker Fabric has signed an agreement to distribute microdenier and velvet sueded fabrics from Korea’s Daewoo International to the furniture industry.

It’s the second Asian deal in as many months for Quaker, which in January signed an agreement to source fabric from Hangzhou Zhongwang in China.

“Teaming up with Daewoo is important to us because, for the past several years, imported leather and microdenier sueded products have been costing us substantial sales in the domestic market,” said Larry Liebenow, Quaker president and CEO. “This is our chance to recapture at least a portion of that business. …”

He said the company remains committed to “strengthening and growing” the business in Fall River as well.