October 26,
2016 by Jane Chero in Business Strategy, Casual Furniture, Designer Weekly, Display, Industry
Designers from the six industry-leading home design brands that makeup the ELEVATE Design Collective, are sharing insight on how to simplify any room in the home in response to the need for all of us to disconnect from our busy lives, which has inspired an interior design detox trend, meant to bring an aura of serenity and simplicity to the home.
October 26,
2016 by Larry Thomas in Business Strategy, Financial Reports, Industry
Stanley Furniture (STLY) said third-quarter sales tumbled 19.8% as the company continued to experience production delays with a factory in Vietnam that is making its recently introduced products.
October 26,
2016 by Larry Thomas in Business Strategy, Financial Reports, Industry, Store Openings
Ethan Allen (ETH) said sales in its first fiscal quarter rose 1.5%, but profits fell 12% due to increased marketing expenses, new retail store openings and costs associated with the launch of its Ethan Allen/Disney line.
October 26,
2016 by Larry Thomas in Business Strategy, Industry
Nova LifeStyle (NVFY), parent company of Diamond Sofa and several other lifestyle brands, said it has completed the previously-announced sale of its manufacturing operations in China to Kuka Design Ltd.
October 25,
2016 by Larry Thomas in Business Strategy, Industry, Special Events
Paola McDonald, a designer with Olamar Interiors in Haymarket, Va., took home the top design award this past weekend as the Sustainable Furnishings Council announced the winners of its “Get Your Green On” design competition.
October 25,
2016 by Jane Chero in Business Strategy, Delivery, Industry
Home delivery specialist Last Mile Home has opened a 31,000 square-foot distribution center in Portland, Ore., the sixth distribution center that parent company Manna Freight Systems has opened in a major market in the past three years.
October 24,
2016 by Jane Chero in Business Strategy, Economic News, Financial Reports, Industry
The dollar value of business-to-business e-commerce shipments within the furniture manufacturing segment in nearly 51% of the total value of all shipments in that segment, according to a U.S. Census Bureau report.