April 13,
2026 by Karen Parrish in Business Strategy, Industry
Somnigroup International Inc. and Leggett & Platt, Incorporated announced that the companies have signed a definitive agreement pursuant to which Somnigroup will acquire Leggett & Platt in an all-stock transaction valued at approximately $2.5 billion based on Somnigroup's closing share price on April 10, 2026.
April 13,
2026 by Karen Parrish in Business Strategy, Industry
The International Home Furnishings Industry group and City of Hope are issuing a final call for support in the weeks leading up to the 2026 Spirit of Life® gala in Greensboro, North Carolina. Many industry leaders have stepped forward with sponsorships and donations to support the groundbreaking research and treatment for cancer and diabetes at City of Hope.
April 13,
2026 by Karen Parrish in Business Strategy, Industry
Nice Link will spotlight its latest motion upholstery introductions at the Spring High Point Market, alongside a deepened investment in its Vietnam operations that is enabling scalable sourcing solutions for retailers navigating tariff pressures and ongoing margin compression.
April 13,
2026 by Karen Parrish in Business Strategy, Industry
Diamond Mattress will showcase a series of new and best-selling collections at the Spring High Point Market, April 25–29, with a focus on helping retailers differentiate their floors through clearly defined product stories, strong margins and flexible merchandising options.
April 13,
2026 by Karen Parrish in Business Strategy, Industry
Arhaus, Inc., a premium home furnishings brand known for responsibly sourced, artisan-crafted products and heirloom-quality design, today announced the opening of its new approximately 19,300-square-foot showroom in Ashburn, Virginia. Located within the One Loudoun, the new showroom marks Arhaus’ fifth location in Virginia and reflects the brand’s continued growth across the state.