After months of uncertainty, the “Big 4” sewing pattern brands — Simplicity, McCall’s, Vogue, and Butterick — have been saved. Rubelmann Capital and longtime Simplicity executive Abbie Small are leading a relaunch of the historic pattern company, preserving jobs, archives, and the last U.S. tissue pattern presses while modernizing for a digital future.
Golden Peak Media, a media and education company serving craft enthusiasts, has acquired Creativebug, a platform previously owned by Joann.
Barry Schacht and Jane Patrick, owners and founders of Schacht Spindle Company, announced, they’ve sold the business to Louët B.V., a Dutch company that also makes spinning wheels and looms.
Jimmy Beans Wool, the Reno, Nevada-based yarn shop founded in 2002 by Laura Zander, has been acquired by Local Crafts Group.
Popular sewing pattern and virtual events company, Rebecca Page, suddenly shut down this month. Customers, affiliates, instructors, and brand ambassadors were not notified.
Laura Zander of Madelinetosh and Darcy Cameron, founder of Shibui Knits, have agreed to transfer Shibui Knits’ product lines to Madelinetosh.
Uruguay-based Malabrigo Yarns announced today that it has acquired Minnesota yarn company Blue Sky Fibers. Both are family businesses.
Cloud9 Fabrics has been acquired by Ocean State Innovators, a company that previously acquired quilting fabric manufacturer P&B Textiles.
AccuQuilt, maker of the GO! cutting machines, has been acquired by a private equity firm. WILsquare Capital, a St. Louis-based firm, announced the acquisition of AccuQuilt’s parent company, TekBrands, late last week.