DMC Floss now what???

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DMC Floss now what??? Claudia 04-30-2008
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Posted by Claudia on April 30, 2008, 7:05 am
Well,

if DMC floss does stop existence, what will we do?????


What are the alternatives?

Anchor? (Isn't that part of DMC????)

Madeira?

What????


Claudia

Posted by on April 30, 2008, 8:14 am
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Sorry if I've responded twice, I can't get my head around how this
thing works.

Achor is owned by Coats Crafts who are an intirely separate company.
I would have thought if there isn't a solution for DMC that they would
be considering looking at the threads business. The DMC brand is
enormous, particularly for threads, and something worth having. From
what I have heard there is little difference in the quality between
Anchor and DMC stranded cotton and they have a similar size range,
however, DMC must certainly have the lion's share of the market,
particularly if you consider worldwide sales.

Posted by ellice on April 30, 2008, 9:20 am
On 4/30/08 8:14 AM, "spontare@superstitcher.com"

show/hide quoted text

I don't know that worldwide DMC has a bigger share. Just depends on where
you are. I believe that there is some entity which has ownership in both
corporations, but that's just like having stock in 2 different automotive
brands.

IIRC Anchor is manufactured in Germany. Which doesn't mean that if DMC went
out they wouldn't buy some factories or equipment, but who knows. Coats has
a lot of other yarn and thread brands, around the world.
http://www.coatscrafts.com/

For floss, well, there is some stuff being done in Romania - the Valdani
floss, and Presencia which is from a company in Spain.
http://www.presenciausa.com/

Just guessing, but I'd think the French courts will allow the restructuring,
rather than the immediate loss of 1000 jobs. But, then again, who knows.

ellice


Posted by on April 30, 2008, 9:31 am

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re
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h
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Amazingling Coats Crafts owns 20% of DMC but due to the competitive
nature of the business I understand has no involvement.
However, getting discussions going I guess whould be easier, it
probably depends on how much cash DMC needs to keep going.

show/hide quoted text
usa.com/
Thanks - I'll look into this, so you say you've stitched with it, what
is it like? What is the demand from your point of view, what would be
the advantange for a customer?

show/hide quoted text
g,
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.

French works councils ensure that reduancy packages are enormous, so
I'd
expect that even 200 cuts will cost a small fortune. I got the
impression that
the immediate issue was operational cash however, so they'd need an
injection
from somewhere.

show/hide quoted text


Posted by bungadora on May 1, 2008, 7:25 pm
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Well, I might be stepping on a land mine here, but it seems to me it's
only important if you use charts and stitch by color number. I dunno.
Maybe it would force people to take chances and use colors using their
brain, or at least a color chart.
Dora
I just have to get at least one of those ads off the front page of
Google. They're really starting to bug me.

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