April 29,
2025 by Karen Parrish in Business Strategy, Industry
City of Hope’s International Home Furnishings Industry group and this year’s Spirit of Life® honorees from American Signature/Value City Furniture and Manwah Holdings raised $3.7 million for City of Hope®, as the honorees surprised attendees at the annual gala on April 27 by pledging an additional $1 million each during their speeches.
April 29,
2025 by Karen Parrish in Business Strategy, Industry
Purple Innovation, Inc the world leader in mattress technology and inventor of GelFlex Grid®, announced their new Rejuvenate Mattress Collection reaffirming the brand's commitment to the greatest sleep ever invented. With new, layered grid technology, this line is a breakthrough in luxury sleep performance that offers pressure relief and support that is unparalleled by conventional foam or hybrid designs.
April 29,
2025 by Karen Parrish in Business Strategy, Industry
FIRST QUARTER HIGHLIGHTS
1Q sales of $1.0 billion, a 7% decrease vs 1Q24
1Q EPS of $.22, 1Q adjusted1 EPS of $.24, a $.01 increase vs adjusted1 1Q24 EPS
1Q operating cash flow of $7 million, a $13 million increase vs 1Q24
2025 guidance sales and adjusted EPS unchanged: sales of $4.0–$4.3 billion, EPS of $.85–$1.26; adjusted EPS of $1.00–$1.20
April 29,
2025 by Karen Parrish in Business Strategy, Industry
DeLandis sleep, a leading innovator in mattress manufacturing and sleep comfort technologies, offering both OEM and ODM solutions to top retailers, has launched its own foam pouring line here Further enhancing its production capabilities. This strategic investment strengthens the company’s commitment to delivering high-quality, customizable sleep products while improving supply chain efficiency and cost management.
April 29,
2025 by Karen Parrish in Business Strategy, Industry
Curiouz, a new digital platform dedicated to vintage and classic furniture, offering a smarter, more sustainable way to source timeless design pieces. Blending AI authentication, innovative logistics, and a vibrant community, Curiouz provides interior designers, collectors, and dealers with a curated alternative to mass-market furniture.