Full-line importer Abbyson Living has opened a company-exclusive upholstery factory in Shanghai that encompasses more than 3 million square feet and includes 20 assembly lines.
Canadian online furniture retailer Cymax has cut numerous jobs in recent months following an auditor’s report that questioned the company’s “ability to continue as a going concern,” Bloomberg News reported.
Italian mattress producer Magniflex has opened a warehouse in Los Angeles to better serve its rapidly-growing customer base on the West Coast.
Norwalk Furniture is partnering with Company C, a producer of upholstery, pillows, rugs and top-of-bed products, for a collection of lifestyle products that bring together the design expertise of the two companies.
Nova LifeStyle, (NVFY) the U.S.-based parent company of Diamond Sofa and several other lifestyle furniture brands, announced that CEO Ya Ming “Jeffrey” Wong had resigned as CEO to pursue other opportunities.
International designer Joana Aranha, founder of a Lisbon-based architecture and interior design firm, will headline the WithIt educational breakfast on Sunday, Oct. 23.
Retail finance company Versatile Credit said its in-store finance application service is now available in about 60 Furniture First member store fronts.