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From Home Furnishing Business

Eclipse Names David Tenuta to Key Marketing Post

Mattress producer Eclipse International said it has hired industry veteran David Tenuta as director of brands and marketing.

ASTM Subcommittee Approves New Tip-Over Warning Label

ASTM International’s subcommittee on furniture safety has updated its voluntary tip-over standards by introducing a new warning label and revising the language on the label’s introduction.

Furniture First Adds 2 Members; Sets Symposium Sponsorship Time

Furniture First, a furniture and mattress buying group, has added J. Allan’s in Brookhaven, Miss., and FX Marcotte in South Portland, Maine to its membership roster.

Belfort Furniture Founder Honored by Boy Scouts

Michael Huber, founder and CEO of Belfort Furniture in Sterling, Va., has received the 2017 Good Scout Award from the Goose Creek District of the Boy Scouts of America.

Hurricanes Send Aaron’s Q3 Profits Down 14%

Rent-to-own major Aaron’s Inc. (NYSE: AAN) said third-quarter revenues rose 9% to $838.9 million, but earnings fell 14% due to store closings and other disruptions in states hit by Hurricanes Harvey and Irma.

CPSC Head Says Proposed Tip-Over Testing Changes Coming Soon

The first step in adopting new standards aimed at preventing furniture tip-over accidents should be announced by the Consumer Product Safety Commission in the next few weeks, the commission’s acting chairman told furniture executives.

Rising Steel Costs Again Pinch Leggett & Platt Profits

Leggett & Platt (NYSE: LEG) said third-quarter sales rose 6.4%, but the increase was more than offset by rising steel costs, which sent profits down 11.7% to $82.6 million or 60 cents per share.

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