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Lorentzen introduced standardization, vertical integration, metal manufacturing and assembly lines to the window blinds industry. [4] In 1993, Levolor was acquired by Newell (known today as Newell Brands). [5] In July 2016, Levolor was sold to Hunter Douglas, a Dutch custom window blind manufacturer, for US$260 million. [6]
By 1990, 5000 blinds were being made each week. During the 1990s, more shops opened throughout the UK, bringing the total number of outlets to 18. The Hillarys product range increased again with the introduction of roman blinds and wooden blinds. Pleated blinds were also launched, reflecting the increased popularity of conservatories.
At a later date in 2016, Hunter Douglas purchased a majority share in Blinds2Go which is by far the largest UK retailer of made-to-measure blinds. Following that, Hunter Douglas made a second acquisition of Hillarys Blinds in 2017. At this point, Hunter Douglas already owned a significant share of the market before purchasing a majority stake ...
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An outlet store, factory outlet or factory store is a brick and mortar or online store where manufacturers sell their merchandise directly to the public. Products at outlet stores are usually sold at reduced prices compared to regular stores due to being overstock , closeout , returned , factory seconds , or lower-quality versions manufactured ...