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From Home Furnishing Business

Vietnamese Manufacturers Take Permanent High Point Space

Eleven Vietnamese furniture and accessory producers will show in a new permanent showroom at the Oct. 19-24 High Point Furniture Market.

Furniture Training Co. Updates Modules

The Furniture Training Co. has updated training modules in the furniture product knowledge section of its online sales training courses.

DeLandis Names Rudwall President of U.S. Operations

Chuck RudwallDeLandis Furniture U.S. has named industry veteran Chuck Rudwall president of its U.S. division.

Furniture First Sets 2014 Symposium

National buying group Furniture First will host its 2014 Symposium in Fort Lauderdale May 12-14.

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

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