Daily News
From Home Furnishing Business
August 19,
2025 by Karen Parrish in Business Strategy, Designer Weekly, Industry
IKEA meatballs just got a designer upgrade you didn't know you needed. In a first look at the upcoming collaboration, IKEA and Swedish designer Gustaf Westman announce their first new product: a porcelain plate that offers a new way of serving one of Sweden’s most beloved icons – the meatball. The full 12-piece collection, designed to reimagine modern celebrations, will be revealed on September 9th.
August 19,
2025 by Karen Parrish in Business Strategy, Industry
La-Z-Boy Incorporated, a global leader in the retail and manufacture of residential furniture, reported first quarter results for the period ended July 26, 2025. For the quarter, sales totaled $492 million, down 1% against the prior year comparable period, reflecting growth in Retail and Wholesale segments, offset by a decline in Joybird sales. Operating margin was 4.5% for the quarter on a GAAP basis and 4.8% on an adjusted(1) basis. Diluted earnings per share totaled $0.44 on a GAAP basis and $0.47 on an adjusted(1) basis. The company returned $22 million to shareholders for the quarter.
August 19,
2025 by Karen Parrish in Business Strategy, Industry
Beyond, Inc., owner of Bed Bath & Beyond, Overstock, buybuy BABY, and a blockchain asset portfolio, announced that it will change its corporate name to Bed Bath & Beyond, Inc. and its common stock will begin trading under the ticker symbol BBBY on the New York Stock Exchange effective Aug 29.
August 19,
2025 by Karen Parrish in Business Strategy, Industry
Paramount Sleep Company is gaining significant traction at retail through use of its exclusive Seal of Cotton trademark, driving product engagement and sell-through stores nationwide. For Retailers like Bloomingdale’s and Macy’s, Paramount’s premium collections featuring the Cotton Inc. trademark proves cotton is a natural material that consumers trust.
August 19,
2025 by Karen Parrish in Business Strategy, Industry
Richard Pieris & Company, the Sri Lanka licensee of leading mattress brand Englander, has opened a 2,000-square-foot boutique in the heart of the city’s upscale shopping district.
August 19,
2025 by Karen Parrish in Business Strategy, Industry
An Austrian startup is making waves across the U.S. furniture industry. Mazing GmbH, based in Vienna and Houston with a presence across the United States, has developed a “one-stop content shop” that turns a single 3D model into all the product visuals a brand needs — from augmented reality room previews to AI-generated lifestyle photography.
August 18,
2025 by Karen Parrish in Business Strategy, Industry
Somnigroup International Inc. announced that Steve Rusing, currently serving as President of Mattress Firm, has expanded his leadership role to President and Chief Executive Officer, effective August 14, 2025. Scott Thompson, Somnigroup's Chairman, CEO and President, has been serving as Mattress Firm's interim Chief Executive Officer since February 2025.