December 18,
2017 by Larry Thomas in Business Strategy, Economic News, Industry
Li & Fung, the Hong Kong-based supply chain giant, said it is selling its furniture businesses as part of a $1.1 billion deal with Chinese private equity firm Hony Capital.
December 18,
2017 by Larry Thomas in Business Strategy, Community / Charitable Support, Designer Weekly, Industry
Dallas Market Center and ART, the creative home furnishings network, have unveiled the 18 awards presenters for 29th annual Arts Awards gala, which takes place next month during the Dallas Total Home & Gift Market.
December 15,
2017 by Larry Thomas in Business Strategy, Industry
The American Home Furnishings Hall of Fame is now accepting nominations for its 2018 induction class.
December 15,
2017 by Larry Thomas in Business Strategy, Community / Charitable Support, Industry
The Furniture Foundation, a research and education fund administered by the American Home Furnishings Alliance, has awarded a second 2017 grant to support the Catawba Valley Community College Furniture Academy in Hickory, N.C.
December 14,
2017 by Larry Thomas in Business Strategy, Economic News, Industry
Home furnishings and décor retailer Pier 1 Imports (NYSE: PIR) said sales slipped 1.4% to $469.2 million in the fiscal third quarter, but earnings fell by more than 45% due to heavier-than-normal promotions and the effects of Hurricanes Harvey and Irma.
December 13,
2017 by Jane Chero in Acquisition, Business Strategy, Designer Weekly, Industry
Adam Sandow, chairman and CEO of Sandow – a leader in design and luxury content and services - has announced his company’s 50% ownership in Galerie magazine and his equal partnership with founders James and Lisa Cohen.
December 13,
2017 by Jane Chero in Business Strategy, Designer Weekly, Industry
Cortney and Robert Novogratz, the husband-and-wife design team renowned for designing unique properties and bringing style to entire city blocks, are making their return to Manhattan this holiday season with their first experiential guideshop, “Home for the Holidays.”