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Snap Drape International Inc., an industry leader in manufacturing table linens, textiles and printed fabrics has been sold, changing from an Employee Stock Ownership Plan (ESOP) business model to a private equity investment group lead by new owner, Keith Jaffee.
Mr. Jaffee has had a thirty-plus year association with both the foodservice/hospitality and housewares industries. He has been associated with Amco Shelving, Leggett & Platt, and Focus Foodservice. Over the past six years he has concentrated his expertise into the commercial real estate market. “I’ve always had a passion for the foodservice/hospitality industry, and I’ve been associated with Darrin for over 30 years; the acquisition just seemed like a logical fit,” says Jaffee. “The ESOP has been very successful for all of the employee owners of Snap Drape for the last 25 years, but when Keith contacted me regarding an interest in the company, it seemed like the timing was perfect to close the ESOP and begin a new chapter in Snap Drape’s 43 year history,” says Darrin Garlish, who has been the CEO of Snap Drape for the past 16 years. Staying true to their history, Snap Drape Brands will continue with their reputable business of manufacturing table linens and textiles, but will add some new products to expand their footprint in the industry. “Everyone here at Snap Drape is thrilled about the sale and excited to see what the future holds.”
From the latest Genesis Search Group newsletter....
Talent Attraction and Procurement Trends for 2016 A new year is upon us bringing changes to talent attraction and procurement. 3.6 million baby boomers are set to retire in 2016 and there are not enough people within generation X to fill the gap. This leaves many opportunities for millennials to move up into key leadership positions. The first group of generation Z graduates will enter the workforce and this group is showing a tendency to be more loyal, flexible, and realistic. In addition, they will seek mentors in their careers more frequently. The talent shortage we saw in 2015 will continue into the new year making competing organizations the biggest obstacle in attracting top talent. The experience each candidate has will be key in procuring this talent. Employer branding will need to address how the organization will build and maintain relationships with candidates during the attraction process. A relationship will need to be developed while the candidate is deciding to make a move or while the organization is waiting for a position to open up. Companies with strong brands understand that candidates will share their experience with friends, family, and on social media. This experience can ultimately determine how the organization is perceived by many. Boomerang employees (i.e. those who have left the organization and are rehired) and talent retention will be a priority during the talent shortage. A recent study shows that 76% of companies who previously shied away from boomerang employees are now open to rehires. This is up from 48% in the past. The benefits of rehiring talent include a lower cost to hire and less time on-boarding. Retention efforts will focus heavily on workforce planning and internal recruiting with the goal of filling gaps from within. These efforts will include more training, cross-training, and the creation of well-defined career paths. Referral programs will also be utilized as a key source of quality hires, since referred hires tend to have longer tenures and increased performance. Organizations will need to make certain that the candidate's experience is polished before heavily promoting referral programs, as these two programs are interdependent. In addition, office spaces will most likely be utilized in new ways or will shrink in size as more flexible work options are introduced. Remote work, flexible schedules, and an increase in freelance use will allow for an increased talent pool and better retention. It is estimated that by 2020, 40% of all talent will be freelance. Recruiting in 2016 will have organizations looking inward at the candidate experience, rehiring the best talent that got away, and retaining top talent to their industries. The people at Genesis Search are pros at not only helping your find top talent, but also helping you retain the top talent you currently have onboard. To learn more about Genesis Search Group or get on their newsletter list, go here: http://www.genesissearchgroup.com/
The Hotel & Restaurant Division of Villeroy & Boch has again extended its partnership with the luxury trains of Belmond. Last year, we reported on the beautiful custom china that Villeroy & Boch had created for passengers dining aboard the Venice Simplon-Orient-Express train traveling to Venice. This time, the custom creativity that Villeroy & Boch brings to the dining table travels to Southeast Asia.
The restaurants on the Eastern & Oriental Express are equipped with customized tableware by Villeroy & Boch adorned with a golden application displaying the logo of the luxury train. The décor has been applied to Premium Bone Porcelain tableware from the successful Stella Hotel collection with its elegant, classical form and extremely delicate appearance. The travel experience of the Eastern & Oriental Express is rendered unforgettable not only by the exotic routes the train takes but especially by the uniquely high-quality facilities and the culinary offerings on board. The fine pine-green and gold décor of the custom china from Villeroy & Boch picks up on the colors of the Eastern & Oriental Express and thus creates a unified design aesthetic characterized by the highest standards of originality and exclusivity. The dinner plates, cups and saucers are decorated with a delicate green and gold border and feature the image of a tiger, an integral element of the Eastern & Oriental Express logo representing power, strength and dynamism. The logo itself with the initials E&O is also displayed on the left rim of the dinner plates. At lunchtime and in the evening, meals featuring exclusive, seasonal specialties are available in the two restaurant cars. Breakfast is served on the fine porcelain directly in the cabins. Light snacks and drinks may be enjoyed from 7am in the open observation car at the end of the train. Villeroy & Boch has been luxury travel collection Belmond’s preferred supplier for tableware since 2014, supplying not only the Eastern & Oriental Express but also the company’s Venice Simplon-Orient-Express train in Europe. Nicolas Pillet, General Manager of the Eastern & Oriental Express comments, “We are delighted to be working with Villeroy & Boch. They have an excellent reputation in the market and have designed and produced beautiful crockery that complements the surroundings of the colonial style carriages.” “We are proud to be part of the original and exclusive experience that is awaiting travellers on board the Eastern & Oriental Express, and look forward to further successful cooperations with the Belmond Group,” says Vittorio Rossetti, Sales Manager Villeroy & Boch for Hotel & Restaurant in Italy and the designer of the décor at the same time. For more information on the Hotel & Restaurant Division of Villeroy & Boch and its custom china design capabilities, go here:
Villeroy & Boch Adds to Luxury Dining to Aboard Eastern & Oriental Express
For more information on Mikaela Dörfel and her studio's extensive portfolio of interesting tabletop, go here:
http://www.doerfel-design.de/en/
Churchill China's Board of Directors now expects that operating performance will be ahead of current market estimates and well ahead of its 2014 perfomance.
Churchill China intends to announce its preliminary results for 2015 on March 24th of this year. Studio William, the incredibly talented UK-based designer and producer of hospitality flatware and cutlery, has announced its BALSA design flatware has just been awarded the GOOD DESIGN Award 2015, from the Chicago Athenaeum of Architecture and Design. Each year, The Chicago Athenaeum presents the GOOD DESIGN Awards Program for the most innovative and cutting-edge industrial, product, and graphic designs produced around the world. The BALSA flatware design has an elegant, clean form, combined with sophisticated balance and ergonomics. This is only achieved utilizing the highest design and manufacturing skills. Studio William design the top surface of the BALSA knives to have a totally flat, clean form. However, the BALSA knives have an unexpected choil (the unsharpened section of a knife blade in front of the guard) on the underside of the handles which allows for a dramatic reduction in gauge thickness. This enables Studio William to achieve the perfectly refined weight and balance. In designing the remainder of the BALSA pattern, Studio William deliberately elongated and made slender the fork heads and spoon bowls to enable the diner to pick up smaller food portion sizes, allowing the diner to focus on…to really think… about the tastes and textures that chef has created. For more information on BALSA flatware or Studio William, go here: Studio William: BALSA Flatware Design Wins Good Design Award
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Ment'or Inspiring Culinary Excellence Archives
November 2021
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