From Home Furnishing Business
Ethan Allen Receives Record Orders in October
The retailer’s retail division saw written orders increase 33.9 percent and comparable orders increase 32.3 percent compared to the previous October.
“The substantial increase of our record written business this October compared to a strong October last year demonstrates the strength of our unique network of about 1,500 in-house interior design associates operating from our 200 design centers in North America,” said Farooq Kathwari, chairman, president and CEO of Ethan Allen. “We expect to continue our progress in the remaining months of our fiscal second quarter and also in the third and fourth quarters of fiscal 2016 due to the implementation of many initiatives including aggressive introductions of new products and expanded marketing.”