Ok, here's the results. After washing and drying, the 1-1/4" red rick rack did not fade - I purchased 6 yards - and the length was still 6 yards. It curled on the edges only slightly but ironed out easily, and I'm sure once it's sewn down that won't be a problem. I forgot to check the cut ends before it was washed. One end had tape on it from the store and it was okay. The other cut end frayed for about and inch or so. - So, in the future I won't worry about polyester rick rack running/fading or shrinking. I'll just sew it on.