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From Home Furnishing Business

March Consumer Confidence Rebounds

U.S. consumer confidence made a strong comeback in March buoyed by optimism over the labor market and recent increases in housing prices.

AHFA Seeks Information on Overseas Labs Certified by CARB

The American Home Furnishings Alliance (AHFA) has filed a California Public Records Act Request to obtain information on overseas labs certified by the California Air Resources Board (CARB).

Versatile Credit, Mega Group Partner for Kiosk Program

Versatile Credit has partnered with MEGA Group USA to supply member retailers with a kiosk that gives consumers a private way to apply for credit.

Conn’s 4Q Income Drops

Retailer Conn’s Inc.  (NASDAQ: CONN) posted net income of $15.5 million for the fourth quarter ended Jan. 31 compared to $27.7 million for the prior year fourth quarter.

Spring Air Shifts Licensing Territories

Bedding supplier Spring Air has reassigned and reorganized several areas of licensing responsibility in the U.S.

FastFact: Under 5 Age Group to Post Significant Gains

  Demographic shifts over the next five to 10 years will influence the demand for youth furniture. Population projections provide a basis of what can be expected the category’s growth.

Natuzzi 4Q Sales Climb 12.6%

Leather upholstery supplier Natuzzi (NYSE: NTZ) reported a net loss of $19.2 million for the fourth quarter ended Dec. 31 compared to a net loss of $37.1 million in the final quarter of last year.

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