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#Home Textiles

Culp reports improved operating results in Q2 as restructuring gains traction

Culp, Inc., a major supplier of mattress and upholstery fabrics, reported its fiscal Q2 2026 results with signs of operational improvement despite continued weakness in the global home furnishings market. Consolidated sales reached USD 53.2 million, slightly above the previous quarter, with the bedding segment growing both sequentially and year-over-year.

The company continued to benefit from its multi-phase restructuring program, which has strengthened gross margins and reduced costs across the business. Adjusted operating loss improved to USD –2.0 million (previous year: –2.6 million), while SG&A expenses decreased by around 7%. Culp expects to realize more than USD 20 million in annualized cost savings by fiscal 2027.

The restructured bedding division was a key driver of progress: gross profit in this segment rose 27% year-over-year as efficiency measures took hold and market share increased in knit fabrics and sewn covers. Management sees early signs of stabilization in the bedding market.

Upholstery fabrics remained under pressure due to weak housing demand and tariff volatility, though margins held steady in the U.S. market. Additional footprint reductions in China and integration initiatives are expected to support profitability in the second half of the year.

CEO Iv Culp highlighted the company’s focus on platform optimization, pricing actions in response to new tariffs, and disciplined liquidity management. “We are in the homestretch of a comprehensive transformation designed to generate sustained profitability across industry cycles,” he said.

For the remainder of fiscal 2026, Culp anticipates steady sales, improving margins and SG&A efficiency, and near breakeven to positive adjusted EBITDA in Q3.



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#Textiles & Apparel / Garment

Culp reports FY2025 results and completes restructuring to support future growth

Culp, Inc. (NYSE: CULP), a leading supplier of fabrics for bedding and upholstered furniture, has reported its financial results for the fourth quarter and full fiscal year ended April 27, 2025. Despite continued macroeconomic and tariff-related challenges, the company completed its restructuring plan and entered fiscal 2026 with a leaner, more efficient operating model.

#Home Textiles

Culp announces strategic transformation of operating model following completion of restructuring initiatives

Culp, Inc. (NYSE: CULP), a leading provider of fabrics for bedding and upholstery fabrics for residential and commercial furniture, today announced the strategic transformation of its operating model to further position the Company for flexibility and growth. The Company will combine its two stand-alone operating divisions, Culp Upholstery Fabrics and Culp Home Fashions, into a single, integrated business designed to optimize operational agility and collaboration, further streamline costs and processes across its business, and, most importantly, increase responsiveness to customer needs and market trends.

#Textiles & Apparel / Garment

Culp names Mary Beth Hunsberger as President of Culp Upholstery Fabrics

Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) today announced that its board of directors has named Mary Beth Hunsberger as President of Culp Upholstery Fabrics, effective July 27, 2024, following the planned succession of retiring division president, Boyd Chumbley. Hunsberger joined CULP in January 2024 as the Executive Vice President of the division and has worked closely with Chumbley over the past six months.

More News on Home Textiles

#Heimtextil 2027

Heimtextil expands Bed, Bath & Living with new ‘Comfort & Connect’ area

Heimtextil is expanding its product range for Bed, Bath & Living in a targeted manner: ‘Comfort & Connect‘ is creating a new meeting place in the foyer of Hall 5.1 for high-quality bed, bath and lifestyle collections. Following on from ‘Sleep & Meet‘, this is now the second area where Heimtextil is further refining its offering for exhibitors and buyers. The new area brings together established brands, high-profile returning exhibitors and international buyers in a central location with easy access.

#Heimtextil 2027

Global carpet industry smartly connected: Heimtextil 2027 sharpens Carpets & Rugs with new structure and premium segment

Even more efficient, more targeted and closer to the market: Heimtextil 2027 strengthens its position as the leading meeting place for the global carpet industry and further expands Carpets & Rugs in line with market needs. With a stronger focus on distribution channels, the segment integrates into Heimtextil’s product worlds.

#Home Textiles

Intertextile Shanghai Home Textiles unveils Trends 2027 alongside new lifestyle zone and product expansion

Intertextile Shanghai Home Textiles – Autumn Edition 2026 will spotlight forward-looking design directions and evolving consumer demand, as the global home and lifestyle market continues to adapt to sustainability priorities, emotional well-being, and diversified living spaces. Taking place from 18 – 20 August 2026 at the National Exhibition and Convention Center (Shanghai), the fair will present its latest trend theme, ‘BREATHE UP!’, developed in collaboration with leading international trend forecaster NellyRodi™ Agency, alongside expanded product categories, and the debut of the Home Textiles Lifestyle Zone.

#Knitting & Hosiery

“We Believe in the Value of Textiles”: Successful Opening of the KARL MAYER TEXTILE INNOVATION CENTER

KARL MAYER inaugurated its new, state-of-the-art TEXTILE INNOVATION CENTER (TIC) with a four-day opening week from April 21 to 24. The highlight of the week was the grand opening on Thursday, which drew a strong turnout from the international textile industry: around 220 customers, brands, and partners from across the textile value chain came to the company’s headquarters in Obertshausen for a first-hand look at the new high-tech development environment and lively exchange with industry peers.

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#Yarn & Fiber

Expansive innovations converge in Shanghai as Yarn Expo Autumn 2026 opens doors next week

With just days to go, industry enthusiasm is building for the opening of Yarn Expo Autumn, Asia’s premier yarn and fibre trade fair, running from 25 – 27 August at the National Exhibition and Convention Center (Shanghai). Across 27,000 sqm in Hall 8.2, buyers will find nearly 600 exhibitors from 14 countries and regions, spread across seven specialised zones that range from cutting-edge man-made and regenerated fibres to time-honoured cashmere and silk. Beyond the extensive sourcing options, a fringe programme of trend showcases, presentations and product launches rounds out the three¬day event with design, innovation and market intelligence.

#Carpets

DOMOTEX Southeast Asia 2026 - Building the Gateway to ASEAN's fast-growing flooring market

From 11–13 November 2026, the inaugural DOMOTEX Southeast Asia will take place at BITEC (Bangkok International Trade & Exhibition Centre) in Bangkok, Thailand. Jointly organized by GLOBUS Events Limited and Hannover Milano Fairs Shanghai Ltd., with Worldex G.E.C. Co., Ltd. as the local partner, the exhibition marks the expansion of the internationally recognized DOMOTEX brand into Southeast Asia. As the newest addition to the global DOMOTEX portfolio, the exhibition has been developed specifically to serve the rapidly evolving ASEAN market, creating a dedicated business event for the flooring and interior finishing industry.

#Sustainability

Execs help steer Cascale’s consumer goods agenda in Athens

The 2026 Cascale Annual Meeting, taking place September 15–17 in Athens, Greece, will convene leaders from across the global consumer goods value chain to tackle one of the industry’s defining questions: how to accelerate meaningful, system-wide transformation. Guiding those conversations as this year’s co-chairs are Sean Cady, vice president, global sustainability, responsibility, trade, and government affairs at VF Corporation, and Dr. Delman Lee, vice chair at TAL Apparel Limited.

#Research & Development

MELANGE starts with a co-creative design workshop at Aalto University to shape the visual identity of this new project transforming colouration in textiles

Over the next three years, MELANGE will lower the environmental impact of interior textile production by moving colour design to the beginning of the manufacturing process. This Horizon Europe project officially started on 1 August 2026, and will be publicly launched on 27 August 2026.

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