December 15,
2017 by Larry Thomas in Executive Changes, Industry
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.
December 15,
2017 by Larry Thomas in Executive Changes, Industry
Rug and home décor resource Surya has named Rob Rosenquist as vice president of sales.
December 15,
2017 by Larry Thomas in Business Strategy, Community / Charitable Support, Industry
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.
December 15,
2017 by Larry Thomas in Executive Changes, Industry
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.
December 14,
2017 by Larry Thomas in Business Strategy, Economic News, Industry
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.
December 14,
2017 by Larry Thomas in Economic News, Industry
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.
December 13,
2017 by Jane Chero in Acquisition, Business Strategy, Designer Weekly, Industry
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.