March 31,
2017 by Larry Thomas in Economic News, Industry
Leather upholstery major Natuzzi (NYSE: NTZ) said worldwide sales fell 6.4% in the 2016 calendar year, but the company slashed its net loss by more than half due to operational improvements that boosted gross margins.
March 31,
2017 by Larry Thomas in Business Strategy, Designer Weekly, Industry
Fabric suppliers Robert Allen and Duralee announced Friday they have merged and formed a new company called Robert Allen Duralee Group.
March 31,
2017 by Larry Thomas in Business Strategy, Economic News, Industry
Furniture factory orders in January were essentially even with January 2016, but shipments for the first month of 2017 were up 2%, according to the latest monthly survey from the accounting and consulting firm Smith Leonard.
March 31,
2017 by Larry Thomas in Business Strategy, Designer Weekly, High Point, Industry, Market
High-end case goods and upholstery producer EJ Victor has signed a licensing agreement with Perennials Fabrics, a high-end performance fabrics supplier, and will unveil a licensed upholstery collection at the April High Point Market.
March 30,
2017 by Larry Thomas in Financial Reports, Industry
Bassett Furniture Inds. said profits fell 11.5% in the quarter ended Feb. 25 as its company-owned retail segment and Zenith Freight Lines subsidiary swung to operating losses.
March 30,
2017 by Larry Thomas in Business Strategy, Industry, Special Events
A new guidebook on digital marketing that is written exclusively for independent retailers of durable goods made its debut at this week's Mega Group USA national convention in New Orleans.
March 29,
2017 by Jane Chero in Designer Weekly, Green, Industry
Consumers prefer sustainable – yet tech-friendly – design elements for their outdoor living spaces, according to the 2017 Residential Landscape Architecture Trends Survey conducted by the American Society of Landscape Architects (ASLA). For the first time, wireless/internet connectivity entered the top ten project types, suggesting that people want a backyard that allows them to enjoy both nature and connectivity.