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From Home Furnishing Business

Li & Fung Sells Furniture Holdings to Private Equity Firm

Li & Fung, the Hong Kong-based supply chain giant, said it is selling its furniture businesses as part of a $1.1 billion deal with Chinese private equity firm Hony Capital.

Classic Brands Names Brian O’Neill to Sales Post

Specialty bedding producer Classic Brands has named mattress industry veteran Brian O’Neill as vice president of sales.

Presenters Named for Arts Awards Gala in Dallas

Dallas Market Center and ART, the creative home furnishings network, have unveiled the 18 awards presenters for 29th annual Arts Awards gala, which takes place next month during the Dallas Total Home & Gift Market.

Hall of Fame Opens Nominations for 2018 Inductees

The American Home Furnishings Hall of Fame is now accepting nominations for its 2018 induction class.

Steinhoff Interim CEO Quits Amid Accounting Scandal

Mattress Firm parent Steinhoff International (FRANKFURT: SNH) said its chairman and interim CEO, Christo Wiese, has resigned from the supervisory board to avoid a possible conflict of interest in the wake of an accounting scandal that already has caused the resignation of CEO Markus Jooste.

Surya Names Rob Rosenquist to Key Sales Post

Rug and home décor resource Surya has named Rob Rosenquist as vice president of sales.

Foundation Awards 2nd Grant to CVCC Furniture Academy

The Furniture Foundation, a research and education fund administered by the American Home Furnishings Alliance, has awarded a second 2017 grant to support the Catawba Valley Community College Furniture Academy in Hickory, N.C.

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