February 1,
2017 by Larry Thomas in Executive Changes, Industry
Veteran furniture industry executive Derek Ritzel has been named CEO of outdoor furniture manufacturer Pride Family Brands, succeeding longtime CEO Steve Lowsky.
February 1,
2017 by Larry Thomas in Financial Reports, Industry
Online retailer Overstock.com (NASDAQ: OSTK) logged a profit of $3.1 million or 12 cents per share in the fourth quarter as revenues rose 9.6%.
February 1,
2017 by Larry Thomas in Designer Weekly, Green, Industry
Textile producer Milliken & Company has launched a collection of sustainable performance fabrics that are produced with natural or recycled fibers made from plastic bottles and a plant-based water repellant.
February 1,
2017 by Larry Thomas in Financial Reports, Industry
Furniture factory orders in November were 8% ahead of the same month in 2015, marking the fourth straight monthly increase in new orders, according to the latest Furniture Insights survey from the accounting and consulting firm Smith Leonard.
February 1,
2017 by Larry Thomas in Industry, Licensing
Bedding producer Restonic Mattress Corp. has signed a licensing agreement with Melbourne-based Crown Posture Bedding that will give the Australian company exclusive rights to manufacture and distribute the Restonic brand in that country.
January 31,
2017 by Larry Thomas in Financial Reports, Industry
Leggett & Platt (NYSE: LEG), a major supplier of furniture and bedding components and finished furniture, reported a double-digit increase in earnings in 2016 despite a 4.3% drop in sales.