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From Home Furnishing Business

Sons of Ikea Founder Emerge as New Billionaires

The three sons of Ikea founder Ingvar Kamprad are following in their father's footsteps by becoming billionaires and remaining out of the limelight.

Dorel Sales off 2 percent 2013

Juvenile furniture and recreational products vendor Dorel Ind. reported fourth-quarter 2013 sales of $633.5 million, a 1.8 percent gain over the prior-year period.

Art Van Furniture Names VP

John Wyatt has joined Art Van Furniture as vice president of real estate and construction for the home furnishings retailer.

Bekaert Textiles, PPI Merge Operations

Bekaert Textiles USA  has merged its operations with Progressive Products Inc. to offer fabric and mattress and pillow protection under one umbrella.

La-Z-Boy Calgary Store to be Largest in North America

The planned La-Z-Boy store in Calgary, set to open in May, will be the company's largest North American location.

Ikea Looks to Build Budget Hotel

Home furnishings retailer Ikea is moving forward with its plans to build a line of budget hotels throughout Europe.

Natuzzi Sets Roadmap to Profitability

Italian home furnishings supplier Natuzzi  (NYSE: NTZ) has established a two-year business plan that sets objectives to regain market share, eliminate losses by the 2014 fourth quarter and return to profitability in 2015.

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