February 22,
2018 by Larry Thomas in Economic News, Industry 
E-commerce powerhouse Wayfair (NYSE: W) said fourth-quarter revenues shot up 46.2% to $1.44 billion, but its net loss grew by more than 65% due largely to increased advertising costs and greater selling and operating expenses.
February 22,
2018 by Larry Thomas in Economic News, Industry
Still feeling the effects of the termination of its contract with Mattress Firm last year, mattress producer Tempur Sealy International (NYSE: TPX) reported a 15.9% decline in fourth-quarter sales and a 6% dip in profits.
February 22,
2018 by Larry Thomas in Business Strategy, Industry
Independent mattress manufacturer Southerland has formed a strategic alliance with vertically integrated IntelliBed to produce and distribute the company’s exclusive Gel Matrix bedding line.
February 22,
2018 by Larry Thomas in Business Strategy, Executive Changes, Industry
David Stunda, sales director for Barbarossa Leather, and Dada Patil, president of Catania Silks, have been elected to the board of directors of the International Textile Alliance, the textile industry trade association that hosts the Showtime fabric fair each June and December.
February 21,
2018 by Jane Chero in Business Strategy, Designer Weekly, Industry
Members of the Williams-Sonoma portfolio of brands, Pottery Barn, Pottery Barn Kids and PBteen are entering into an exclusive home décor partnership with renowned resort-wear brand Lilly Pulitzer. The line is expected to debut in March.
February 21,
2018 by Jane Chero in Designer Weekly, Industry, Special Events
Wayfair has announced its fourth annual Tastemaker Awards to celebrate excellence and innovation in design. For a limited time, Wayfair Professional members based in the U.S. and select provinces in Canada are invited now through March 9 to submit their design projects by logging into their free business account and uploading their portfolio to the exclusive Design Gallery. One winner will be recognized per category.
February 21,
2018 by Jane Chero in Business Strategy, Designer Weekly, Industry
The eighth annual Sherwin-Williams Student Design Challenge is continuing to accept submissions for residential and commercial projects through March 15. The competition celebrates emerging talent and gives students a chance to be nationally recognized for their work with cash prizes up to $2,500, including $1,000 for their design school.