August 28,
2013 by in Furniture Retailing, Industry
After the liquid goodness of an amber bourbon or a finely aged wine finds a home on the shelves and in friendly gatherings, their first keeper, the unassuming barrel, remains.
That's where James Broyhill , furniture maker and founder of Heritage Handcrafted, comes in - winding his way through the mountains from his home in North Carolina. Call him a knight in shining armor if you will. Whisking the barrels away, he transforms them - crafting heirloom pieces of furniture from the used wood and metal.
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Source: KyForward
August 22,
2013 by in Business Strategy, Furniture Retailing, Industry
Ashley Furniture Industries CEO Todd Wanek is in Ho Chi Minh City to discuss the possibility of opening another factory in the southern province of Binh Duong.
He has met and worked with Pho Xinh CEO Duong Quoc Nam on a new plan for bilateral cooperation. The two companies recently signed in the U.S. a memorandum of understanding (MoU) on joint investment cooperation worth $10 million in July.
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Source: Bao Moi.com
August 21,
2013 by in Financial Reports, Furniture Retailing, Industry
Buoyed by a 6 percent rise in total sales, furniture maker La-Z-Boy Inc. on Tuesday reported a fiscal first quarter profit of $9.6 million, or 18 cents per share, up 118 percent from $4.4 million, or 8 cents per share, for the same period a year ago.
The Monroe-based company, which makes the iconic La-Z-Boy recliner, said its quarterly sales totaled $318.9 million, compared with $301.5 million a year earlier.
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Source: Toledoblade.com
August 1,
2013 by in Accessories, Furniture Retailing, Industry, Product
Furniture, lighting and accessory vendor Arteriors has signed distribution agreements with four European and Russian partners to sell its product in 18 countries.
July 31,
2013 by in Bedding, Furniture Retailing, Industry, Product
Bedding supplier Therapedic International has signed a licensing agreement with Egypt's Comfort Sleep, marking the U.S. supplier's first move into Egypt.