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Betsy Perry Buys Classic Elite Yarns

Classic Elite Yarns today announced that Elizabeth B. Perry has acquired the company. The company continues to do business under the Classic Elite Yarns name and is planning to build on its solid supplier and retailer relationships. Perry purchased the business from the estate of previous owner Patricia Chew.

Classic Elite Yarns brings innovation and elegant design to the world of hand knitting, importing and packaging specialty and luxury fibers such as mohair, cashmere, silks, wools and cottons. Classic Elite Yarns currently has a presence in nearly all of the Independent Specialty Shops in the United States and Canada that supply knitters, crocheters and weavers. The company is an integral player in the promotion, growth and standards of the industry and has the expertise, infrastructure, talent and proven track record to support its network of yarn store partners.

Commented Perry, The staff remains the same, loyal to our brand and to our mission. All of us have been with the company for a while, so we understand the business, know and appreciate our partners and customers, and are committed to continuing to provide outstanding customer support and design services while exploring new and exciting product offerings.

About Betsy Perry

Perry, president and sole owner, joined the company in 2003 as vice president sales and marketing. Prior to joining the company, Perry held positions in various corporations, including Humana and the Stride Rite Corporation. She received a degree from Kendall College of Chicago and an MBA from Simmons School of Management in Boston, where she also received its prestigious Rappaport Award for her work on the Alumnae Association'ss Board of Directors. Perry, an avid knitter and needlepointer, serves on the Board of Directors of The National Needlearts Association and the Advisory Committee of the trade magazine, Yarn Market News.

About Classic Elite Yarns

Classic Elite Yarns, founded in the 1980s, is a leader in the hand knitting and yarn industry, distributing fine hand knitting yarns and accessories to Independent Specialty Shops across the United States and Canada. It is the operating entity under Robertson-Chase Fibers, LLC (the maiden names of owner Betsy Perry'ss grandmothers, both needle artists who would be proud to know that their love of fibers lives on). Classic Elite Yarns carries the finest hand knitting yarns, such as La Gran and Inca Alpaca, and introduces new qualities every year, such as last year'ss Verde Collection featuring environmentally friendly yarns. Classic Elite also distributes yarns and hand knitting pattern collections from other leading manufacturers and designers, including Twinkle and Jil Eaton, and recently introduced St-Denis by V's233;ronik Avery. Its highly experienced staff has a reputation for support of its retail partners. For further information call 978-453-2837 or visit www.classiceliteyarns.com.

Contact:

Betsy Perry

Classic Elite Yarns

978-453-2837

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