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From Home Furnishing Business

Norwalk’s Hipple to Moderate Competitive Intelligence Trends Forecast

Upholstery producer Norwalk Furniture is hosting a competitive intelligence/trends forecast called “Color as Counter-trend” on Monday, April 24, from 6:00 p.m. - 7:30 p.m., in the Norwalk Showroom, IHFC M108. The event is presented by WithIt.

Restonic Inks Continuous Licensing Deal with Taiwanese Producer

Bedding producer Restonic Mattress Corp. and Taiwan-based Stylution Bedding have signed a new licensing agreement that makes Stylution the first permanent, continuous licensee of Restonic.

Partnership to Revive Van Vorst Mattress Brand

The historic Van Vorst mattress brand is making a comeback, thanks to a new partnership between bedding producer Eclipse International and Jim and Mike Malkiewicz, the owners of Blue Ocean Sleep.

Abbyson Teams with IDS for Fashion Forward Interiors Event at Market

Home furnishings resource Abbyson has teamed up with the Interior Design Society (IDS) to present Fashion Forward Interiors: A Trend + Color Forecast. The lunch and learn event is slated for Monday, April 24, inside Abbyson’s new showroom C1156 in IHFC during the High Point Spring Market, April 22-26.

Axalta to Buy Valspar’s Wood Coatings Business

Sherwin-Williams and Valspar (NYSE: VAL), whose proposed merger has raised concerns from the Federal Trade Commission, announced that Valspar has agreed to sell its North American industrial wood coatings business to Axalta Coatings Systems (NYSE: AXTA) for about $420 million in cash. 

Boston Interiors Continues Expansion

Boston Interiors has unveiled plans for a second new store in 2017, a move that will give the retailer nine locations in Massachusetts and New Hampshire by the end of the year.

Rent-A-Center Taps Speese as CEO; Activist Funds Slam Turnaround Plan

Rent-A-Center (NASDAQ: RCII), the struggling rent-to-own operator, said it has named interim CEO Mark Speese as permanent CEO, and unveiled a strategic plan aimed at driving growth, restoring profitability, and boosting its sagging stock price.

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