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From Home Furnishing Business

Surya to Show at Casual Market

Rug and decorative accessories supplier Surya is broadening its reach by attending this week's International Casual Furniture and Accessories Market in Chicago.

Bankrupt Furniture Brands Seeks Executive Bonuses

Bankrupt Furniture Brands International has asked a federal judge in Delaware to let it pay more than $5 million in bonuses to 55 employees, including seven company insiders, if its assets are successfully sold at auction.

The manufacturer, which hasn't made a profit in six years, said the bonuses would be paid for reaching incentives that "will not be easy."... 

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Source: Law360

Furniture Brands' Canadian Unit Files Bankruptcy

Furniture Brands Canada, a subsidiary of bankrupt Furniture Brands International, has also filed for bankruptcy and laid off all its salaried employees.

Furniture Brands launched the Canadian subsidiary in 2009. Furniture Brands Canada listed liabilities of about $2.1 million and assets of about $409,000 in its bankruptcy notice. Its salaried employees are owed just more than $70,400, according to the notice.

... 

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Source: St Louis Business Journal

Robert S. Fogarty Jr. Dies

Robert S. Fogarty, Jr. died in the company of his family on Sept. 11 due to complications from Myasthenia Gravis and cancer.

He was a loving husband and family man, a loyal patriot, a scholar, an accomplished basketball player, and a titan of American industry. He was pre deceased by his sister Catherine F. Whalen and his parents Robert S. and Christine Fogarty. His wife Harriett, daughters Paula and Lea, and son Dean survive him.

... 

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Source: South Hill Enterprise

Ethan Allen Names Chief Brand Officer

Dave Moore  has been named vice president and chief brand officer for Ethan Allen Interiors (NYSE: ETH). 

Surya Rugs Featured in Mercedes-Benz Star Lounge

Several rugs from rug and home furnishings vendor Surya are in the Mercedes-Benz Star Lounge at Mercedes-Benz Fashion Week, being held this week in New York City.

EJ Lauren Has New High Point Showroom

Domestic upholstered furniture manufacturer EJ Lauren will exhibit in a new showroom at the Oct. 19-24 High Point Furniture Market.

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