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From Home Furnishing Business

Jamie Drake Announced as 2nd BOLD Master Award Recipient

The BOLD Summit, a business conference for principal designers, has announced that acclaimed designer and entrepreneur Jamie Drake, has been selected as a BOLD Master Award recipient joining the 2017 BOLD Summit lineup.

Brown Jordan International Names Jeff Leonard CFO

Outdoor furniture producer Brown Jordan International has named Jeff Leonard as executive vice president and chief financial officer.

Nova Lifestyle Reverses Q2 Loss as Sales Slip 1%

Nova Lifestyle (NASDAQ: NVFY), parent company of Diamond Sofa and several other furniture and accessories brands, said sales slipped 1% in the second quarter, but the company reversed a net loss by recording a profit of $560,000 or 2 cents per share.

Pier 1 CFO Resigns; Retailer Names New Information Officer

Retailer Pier 1 Imports (NYSE: PIR) said Jeffrey N. Boyer, executive vice president and chief financial officer, is leaving the company effective Oct. 3 to become CFO of Fossil Group, Inc. (NASDAQ: FOSL), where he has been a member of the board of directors since 2007.

Havertys Board Approves 25% Dividend Increase

Directors of Atlanta-based Havertys (NYSE: HVT) have approved a 3-cent increase in the cash dividend, boosting the payout to 15 cents per share of common stock.

Bunakara to Make Inaugural Showing at NY Now Market

Bunakara, a high-end resource for furniture, home accents and textiles, will be exhibiting for the first time this month at NY Now, a gift and home décor market that takes place Aug. 20-23.

Wayfair Trims Q2 Loss as Revenues Jump 42.7%

E-commerce giant Wayfair (NYSE: W) trimmed its net loss to $38.9 million in the second quarter as revenues shot up 42.7%.

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