Daily News
From Home Furnishing Business
April 3,
2025 by Karen Parrish in Business Strategy, Industry
Englander, a leading mattress brand, has extended its 18-year partnership with leading Egyptian bedding manufacturer BedJenssen for another five years, with a newly signed licensee agreement. The transaction continues to give Englander a presence in Egypt, Algeria, and Morocco.
April 3,
2025 by Karen Parrish in Business Strategy, Industry
Sleep On Green, an artisan mattress company with a rich legacy in handcrafted Italian furniture, will be returning to High Point Market, showcasing their most luxurious mattress, the Dolce Vita at the Gamma showroom within Casa Italia, located at 130 W Commerce Ave.
April 2,
2025 by Karen Parrish in Business Strategy, Industry
President Trump's self-described "Liberation Day" introduced a universal 10% tariff and additional country specific tariff based on an unclear formula to arrive at the rates.
April 2,
2025 by Karen Parrish in Business Strategy, Industry
GAAP Net Revenues of $812M Increased 10%, GAAP Operating Income of $70M Increased 9%, Adjusted Operating Income of $92M Increased 38%, GAAP Operating Margin of 8.7%, Adjusted Operating Margin of 11.3%, GAAP Net Income of $14M, Adjusted Net Income of $32M, and Adjusted EBITDA Margin of 17.1%
April 2,
2025 by Karen Parrish in Business Strategy, Industry
Joybird, a subsidiary of La-Z-Boy Incorporated and manufacturer of customizable, modern upholstered furniture, announced the debut of its Spring collaboration with Pantone®, the global color authority and provider of professional color language standards and digital solutions for the design community.
April 2,
2025 by Karen Parrish in Business Strategy, Industry
Harold Hudson says he likes his reputation as “the dog who puts his teeth in your ankle and won't let go until you donate to the City of Hope.” However, receiving the organization’s 2025 Lifetime Achievement Award is a far more coveted and humbling legacy, he adds.
April 2,
2025 by Karen Parrish in Business Strategy, Industry
Smith Leonard reported the March Furniture Insights including a falling Consumer Confidence Index for the fourth month in a row.