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From Home Furnishing Business

Surya Makes Inc. 500/5000 List

Satya TiwariRug, accessories and decorative furniture supplier Surya has been named to the 2013 Inc. 500/5000 list of fastest growing companies for the third year in a row.

ARTS Awards Judging Panel Set

Dallas Market Center and ART, the creative home furnishings network, have named the judges for the 25th annual ARTS Awards.

Ashley, Ethan Allen Denied Duty Payments in Court Ruling

Two of the country's largest home-furnishings manufacturers, including Ashley Furniture Industries Inc., have been dealt a pivotal blow in a 10-year legal battle that once threatened to spark a civil war in the domestic industry.

The U.S. Appeals Court for the Federal Circuit ruled Aug. 19 in a 2-1 vote that Ashley and Ethan Allen Operations Inc. are not entitled to receive duty payments from a successful anti-dumping case against a group of Chinese wooden-bedroom furniture manufacturers.


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Source: The Winston-Salem Journal

Ikea Opens Factory in China

Sweden-based home furnishing giant IKEA Group opened its first wholly owned manufacturing facility in China on Wednesday, through subsidiary IKEA Industry Group, in a bid to support its rapid expansion in Asia - especially China.

The factory, which will make wooden products, is in Nantong, Jiangsu province, a manufacturing hub for home furnishings and interior decoration material. The factory will supply IKEA stores, mainly in China.


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Source: China Daily

Chinese Consumers: One Life to Live

For Wei Yongshi, the Sichuan earthquake of 2008 was a wakeup call. 

The disaster killed more than 80,000 people. If all those lives could be taken in an instant, the retired science teacher realized, what are we saving all this money for? Beyond the existential, there's the practical: Holding money can diminish its value, he said. 

Here's an interesting analysis of the rising middle class consumer in China, and its outlook on shopping for consumer goods, including home furnishings.


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Source: Global Atlanta

Leggett Opens up Sleep Geek Site

Leggett & Platt's (NYSE: LEG) bedding group has redesigned its Sleep Geek Web site and relaunched as an open platform for sharing and commenting on industry related content.

Arteriors Revamps Web Site

 Decorative accessories, lighting and furniture supplier Arteriors has redesigned its Web site to improve the user experience.

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