Daily News
From Home Furnishing Business
February 23,
2018 by Larry Thomas in Industry, Special Events 
Veteran sales representatives Ray Isser, Jeffrey Poochigian, Randy Lavercombe and Ron Reyering have been named winners of the Legacy Award from the International Home Furnishings Representatives Assn.
February 23,
2018 by Larry Thomas in Business Strategy, Executive Changes, High Point, Industry, Market
Sean O’Connor, senior vice president of sales at Universal Furniture, and Brad Miller, vice president of international sales at Hooker Furniture, have joined the board of directors of the Furniture Fellowship, sponsor of the annual Furniture Market Prayer Breakfast held during the April High Point Market.
February 22,
2018 by Larry Thomas in Economic News, Industry
E-commerce powerhouse Wayfair (NYSE: W) said fourth-quarter revenues shot up 46.2% to $1.44 billion, but its net loss grew by more than 65% due largely to increased advertising costs and greater selling and operating expenses.
February 22,
2018 by Larry Thomas in Economic News, Industry
Still feeling the effects of the termination of its contract with Mattress Firm last year, mattress producer Tempur Sealy International (NYSE: TPX) reported a 15.9% decline in fourth-quarter sales and a 6% dip in profits.
February 22,
2018 by Larry Thomas in Business Strategy, Industry
Independent mattress manufacturer Southerland has formed a strategic alliance with vertically integrated IntelliBed to produce and distribute the company’s exclusive Gel Matrix bedding line.
February 22,
2018 by Larry Thomas in Business Strategy, Executive Changes, Industry
David Stunda, sales director for Barbarossa Leather, and Dada Patil, president of Catania Silks, have been elected to the board of directors of the International Textile Alliance, the textile industry trade association that hosts the Showtime fabric fair each June and December.