Golden Peak Media Acquires Creativebug

Golden Peak Media, a media and education company serving craft enthusiasts, has acquired Creativebug, a platform previously owned by Joann.

Schacht Spindle Acquired by Louët B.V.

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.

Rebecca Page Rebrands, Then Quietly Shuts Down

Popular sewing pattern and virtual events company, Rebecca Page, suddenly shut down this month. Customers, affiliates, instructors, and brand ambassadors were not notified.

Blue Sky Fibers Sold to Malabrigo

Uruguay-based Malabrigo Yarns announced today that it has acquired Minnesota yarn company Blue Sky Fibers. Both are family businesses.

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