Archive for May, 2008
Industry Mourns Loss of Two
Friday, May 30th, 2008Pat Chew, owner and ceo of Classic Elite Yarns lost her battle with leukemia and passed away May 16. She was 69. She is survived by a daughter, a son-in-law, two grandchildren, and a brother. Donations may be made to the Pat Chew Memorial Fund, c/o Washington Trust Co., 23 Broad St., Westerly, RI 02891. […]
Jo-Ann’s First-Quarter Results
Wednesday, May 28th, 2008Jo-Ann Stores announced today financial results for its fiscal 2009 first quarter ended May 3, 2008. Net earnings were $3 million or $0.12 per diluted share, versus a net loss of $1.7 million or $0.07 loss per share in fiscal 2008. As reported earlier this month, net sales for the first quarter increased 5.2 percent to […]
Industry News
Wednesday, May 28th, 2008* TV. Scrapbook Memories, Series 1300, uplinks Sunday, July 13, from 1830-1900/513 via NETA. Also, Quilting Arts, Series 200, uplinks Sunday, June 29, 1230-1300/513, via NETA. For information on both shows, contact KS Inc. Productions, 800/348-3909 or kstull@ksproductions.org. * Nomination. Knit and Crochet Today, created by Candice Jensen Productions, has received an Emmy nomination from the […]
Jo-Ann’s Report
Thursday, May 8th, 2008Jo-Ann Stores reported today that net sales for the first quarter ended May 3, increased 5.2 percent to $446.1 million from $424.2 million last year. Same-store sales increased 4.5 percent. First-quarter earnings will be reported May 28. The company also announced it has posted its Fiscal 2008 Video Annual Report to the Investor Relations section of […]
Warm Up America!
Thursday, May 8th, 2008Warm Up America!, a needleart-industry-wide effort to provide comfort and warmth for people in need with knitted or crocheted caps and afghans, is partnering with Ronald McDonald House Charities (RMHC), which through its network of more than 250 facilities provides a home away from home for families of seriously ill children undergoing medical treatment. To fulfill […]
Industry News
Thursday, May 8th, 2008* People. David Pyle, vice president and publisher, Bead, Gem & Jewelry Division, Interweave Press. * Condolences. Sharon Coolidge, former vice president of manufacturing for Needleform and vice president of Creative Vision Design, passed away last month from a brain tumor. * Quilting. The International Quilt Festival/Chicago drew 20,249 attendees last month.
DMC Clarifies Parent Company Action
Thursday, May 1st, 2008DMC Corp. president Joseph McCabe issued the following statement to clear up any misconceptions regarding restructuring plans at the DMC corporate office in France. “In recent days, there has been a significant amount of information in the form of press releases, media reports, etc., regarding financial difficulties and operational restructuring plans at the DMC corporate offices […]
Hobby Manufacturers News
Thursday, May 1st, 2008The Hobby Manufacturers Association (HMA) Education Committee is planning its inaugural Hobby University education program for hobby dealers to be held at the iHobby Expo October 16-19. Classes will focus on what it takes to grow a hobby store and to motivate and train current and new employees. Courses and university instructors will be listed […]
Industry News
Thursday, May 1st, 2008* CHA. Kids Crafting is the theme of the Craft & Hobby Association’s 2008 summer show. Educational sessions will be offered to address the kids market and a Kids’ Creation Station, featuring manufacturer end-user projects, and Designer Kids Crafting Display, highlighting CHA designer creations, will also be featured. For show information, visit www.chashow.org. * People. Jami […]