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A Durham-based maker of custom fabrics is being acquired by a major online retailer. Spoonflower is being sold to California-based Shutterfly in a $225 million deal, the companies announced Monday.
Like many e-commerce startups, Spoonflower, a Durham-based company that sells custom fabrics online, thrived during the pandemic. With in-person shopping curtailed by the pandemic and shoppers ...
A major online retailer has bought the Durham-based custom fabrics company as the combined ... has officially acquired Spoonflower in a $225 million deal, the companies announced Tuesday.
Spoonflower, which specializes in fabrics and wallpaper, will be acquired for $225 million in cash and equity, including debt, in a deal that will add to earnings, according to an emailed ...
Fabric is printed on a larger printer at Spoonflower in Durham which gives designers the freedom to turn their own designs into custom textiles. Israel Schwartzberg On-demand fabric producer ...
Shutterfly acquired Spoonflower for $225 million in August 2021. Spoonflower produces custom products such as fabric and wallpaper. “Production operations currently performed at the facility in ...
“No doubt, Spoonflower will continue to grow the business, Triangle presence under the Shutterfly parent,” said David Jones. Shutterfly underestimated the role that fabric plays in the ...