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World Market Center Sets Summer Market Seminars

By Home Furnishings Business in Markets on June 2007 The Summer Las Vegas Market, set for July 30-August 3, will feature a three-part series of seminars from leading industry experts titled “ConsumerWatch,” “ColorWatch” and “TrendWatch.” The in-depth series aims to show buyers at market the full range of emerging trends for the coming year, from color palettes to consumer preferences.

Christine Chow, director of membership and associate director of The Color Association will present a ColorWatch seminar at 10 a.m., Monday, July 30 in World Market Center’s Building B co-sponsored by Vance Publishing’s Furniture Style.

Maxine Lauer, founder and president of Sphere Trending LLC, will present a ConsumerWatch seminar, Tuesday, July 31, 10 a.m., in World Market Center’s Building B that will cover big-picture macro trends that cause consumers to shop, think and live differently, and how that affects the future.

Michelle Lamb, co-founder and chairman of Marketing Directions Inc. and senior editor of The Trend Curve, will present the TrendWatch seminar on Wednesday, August 1, 10 a.m. at the Sands Expo and co-sponsored by Vance’s Accessory Merchandising. She will speak about emerging styles with images from the most recent trade events, including looks fresh from the show floor in Las Vegas.

These seminars are exclusive educational offerings by Las Vegas Market.

“These seminars will prove to be very valuable for buyers and designers who want to get a broad view of what’s happening in the world from design, color, retail and consumers to demographics and societal shifts,” said Dana Andrew, director of marketing and public relations for World Market Center. “The seminars not only impart trends, but also help attendees make their way around Market. The seminars are a great way of providing direction and helping attendees assimilate everything that’s going on around them, whether it’s figuring out which sections of the market they want to go to or just knowing what to look for when they walk around.”

Broyhill Names Lavercombe VP Sales

By Home Furnishings Business in Case Goods on June 2007 Randy Lavercombe has been named vice president of sales for Broyhill Furniture Inds.

Prior to joining Broyhill, Lavercombe was most recently with Ashley Furniture Inds. where he was a sales representative in the Northeast Texas territory. Prior to his time at Ashley, Lavercombe spent 18 years with La-Z-Boy where he managed territories in the Baltimore/Washington, D.C., and Dallas/Ft. Worth areas. He has also held a variety of sales positions with Schnadig Corp., Rowe Furniture and Stratford Co.

In his new position, Lavercombe will report to the executive vice president of sales and merchandising, a post that is currently empty. Lavercombe is responsible for leading the company’s more than 95 sales representatives in six regions across the U.S. and Canada. New sales initiatives will include placing a greater focus on generating feedback from retailers and consumers, building relationships, offering greater service and doubling Broyhill’s sales in five years.

“Randy has had one of the most prolific sales careers in our industry,” said Jeff Cook, Broyhill president. “His character is beyond reproach, and he knows how to build both relationships and businesses. Randy is exactly the kind of dynamic leader we need to achieve our aggressive growth strategy.”

Lavercombe will be relocating to North Carolina with his wife and two children.

FurnishNet Index: Year-over-year Retailer Purchases Up Slightly in May

By Home Furnishings Business in Furniture Retailing on June 2007 Year-over-year retailer purchases climbed 3.04 percent in May 2007 compared to May 2006. May’s increase was the fourth increase for the year, though significantly smaller than the dramatic increase reported in April.

As a result, the year-to-date trend dropped slightly to 7.68 percent over the first five months of 2006.

In addition, month-to-month retailer purchasing volume dropped 5.9 percent in May compared to April purchasing volume. The May decline was significant compared to the 28 percent increase from April to May of 2006.

Click here for the complete view of the May report of the FurnishNet Index.

American Furniture Hall Of Fame Expands Membership

By Home Furnishings Business in High Point on June 2007 The American Furniture Hall of Fame, High Point, is opening up membership to all home furnishings industry partners that do business in the United States.

Membership includes eligibility to vote for inductees nominated for the American Furniture Hall of Fame and the opportunity to help preserve the history and heritage of the industry. Previously, international companies with headquarters overseas or in Canada were not eligible for membership.

“By joining the American Furniture Hall of Fame, new members will have the opportunity to determine the leaders in the industry who will preserve our past and lead us into the future,” said J. Don Coleman, the organization’s president. “We invite the industry to join and help us select the leaders who have set the standards for creativity, innovation, dedication and generosity.

In April 2006, the Hall of Fame revealed a 50-foot-wide exhibit honoring its inductees and the industry’s history at the Plaza Building of Merchandise Mart Properties in High Point. The organization hosts a gala banquet each October to honor the newest winners of the Hall of Fame’s “Affie” awards.

Memberships that carry the eligibility to vote for future inductees cost $500 at the individual level and $1,000 at the corporate level, and contributions are tax deductible. Checks to the American Hall of Fame Foundation should be mailed to P.O. Box 2011, High Point, N.C., 27261.

DOC to Take More Time for Administrative Review

By Home Furnishings Business in Bedroom on June 2007 The U.S. Department of Commerce has extended the ruling deadline for its first administrative review of its anti-dumping order against wooden bedroom furniture from China to August 8, 2007. The decision, effective Tuesday, also applies to DOC’s new shipper reviews of Chinese manufacturers who began shipping the category to the U.S. market after the time frame of DOC’s original investigation.

On March 7, 2006, DOC had initiated its administrative review of the original order and new shipper reviews covering June 24, 2004-Dec. 31, 2005; and last August aligned the deadlines and time limits of both those investigations. On Feb. 9 this year, the department issued preliminary rulings in both cases, setting a deadline 120 later, June 9, for final results.

By law, the DOC can extend the investigation’s time frame to 180 days from the date of preliminary results in complex cases such as wood bedroom furniture from China. The department did so, resulting in the new August 8 deadline.

According to an announcement in Tuesday’s Federal Register notice, “Completion of the final results of the administrative review within the 120-day period is not practicable because the (DOC) conducted verification in the administrative review after publication of the preliminary results, and, therefore, needs additional time to complete post-preliminary results verification reports, invite and analyze comments by interested parties on the preliminary results and verification reports, and analyze information gathered at verification.”
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