DOT-COM PARADE CONTINUES IN AUGUST
Byline: Scott Malone
NEW YORK — FTADirect.com is one of a slew of dot-com ventures targeting the textile industry. Over the next month, several new Web sites plan to launch or strengthen their e-commerce operations.
Here’s a rundown:
A group of primarily Korean textile companies, working with a few U.S. importers, have announced plans to launch TextileCo.com, a Web site for selling Asian-made cloth to businesses that want to buy imported fabrics but aren’t sure how best to go about it.
According to Arnold Kobelt, president of New York converter Nipkow & Kobelt and a participant in the venture, the Web site will also serve as an order consolidator, allowing small companies to pool their fabric orders in order to meet large mills’ minimum yardage requirements.
Fabria.com, a recently launched online exchange that seeks to link up mills and fabric buyers, has named David Tracy, a former vice chairman of J.P. Stevens, as its vice chairman.
While a beta version of the Web site is currently handling some transactions, Tracy said he expects a full launch by next month.
Clicktex.com, another textile exchange, last week said it would be updating its software platform to allow members to more closely track sampling.
The Web site also recently named Bob Getto, a former Burlington Industries executive, as vice president of operations.
Another exchange service on the way is Textrade.com, an outgrowth of the former Global Textile Network Web site, g-t-n.com. It plans to launch its e-commerce functions in August.
Another planned August launch is EcomTextile.com, an exchange service headed up by ceo John C. Adams, who retired as chairman of Russell Corp. in 1998.