Tuesday, May 23, 2017

DMC Has Been Sold

Thanks to the Needlework Retailer, I found that DMC has been sold to a private equity group which bought a British yarn and pattern company at the same time.  At the bottom of the article is mentioned a photograph to chart service that DMC is apparently going to offer in the near future.
http://www.telegraph.co.uk/business/2017/04/06/liberty-owner-sews-needle-market-wool-gang-deal/

This isn't exactly breaking news as the acquisition happened last June.
http://uk.fashionnetwork.com/news/DMC-to-fly-the-British-flag,699966.html#.WQNo1RSldjc

Written by Jane/Chilly Hollow
Blogging at http://chillyhollownp.blogspot.com
and at http://chstitchguides.blogspot.com
© Copyright April 28, 2017 Jane M. Wood. All rights reserved.