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From Home Furnishing Business

William Savage Gets New Global Sourcing Post at Pier 1

Home furnishings and décor retailer Pier 1 Imports (NYSE: PIR) has named William Savage to the newly created position of executive vice president of global sourcing.

Pier 1 Q3 Sales, Earnings Fall; Retailer Cuts Full-Year Profit Estimate

Home furnishings and décor retailer Pier 1 Imports (NYSE: PIR) said sales slipped 1.4% to $469.2 million in the fiscal third quarter, but earnings fell by more than 45% due to heavier-than-normal promotions and the effects of Hurricanes Harvey and Irma.

Mattress Firm Parent Steinhoff Will Revise 2016 Financials

Mattress Firm parent Steinhoff International (FRANKFURT: SNH), whose CEO resigned last week amid an accounting scandal, said it will have to restate its financial statements for fiscal year that ended Sept. 30, 2016.

Universal, Esteem Media Sponsor Market Trip for Winning Designer

Universal Furniture and Esteem Media, the company that produces the Design Bloggers Tour during the High Point Market, are sponsoring a contest for interior designers that will provide a trip to a 2018 High Point show for the winning designer.

Sandow Acquires 50% Ownership in Galerie Magazine

Adam Sandow, chairman and CEO of Sandow – a leader in design and luxury content and services - has announced his company’s 50% ownership in Galerie magazine and his equal partnership with founders James and Lisa Cohen.

HGTV’s Cortney and Robert Novogratz Open Pop-up Shop In NYC

Cortney and Robert Novogratz, the husband-and-wife design team renowned for designing unique properties and bringing style to entire city blocks, are making their return to Manhattan this holiday season with their first experiential guideshop, “Home for the Holidays.”

HPMA Calls for Submissions, Sponsorships for Design Bloggers Tour

The High Point Market Authority (HPMA) is partnering again with Esteem Media to develop a Design Bloggers Tour for the 2018 Spring Market and is now calling for submissions from bloggers and social media influencers interested in being considered for the tour.

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