October 3,
2013 by in Bedroom, Industry, Legal, Product, Sourcing / Importing
The U.S. Department of Commerce has rescinded an antidumping administrative review of 50 Chinese manufacturers of wood bedroom furniture.
October 3,
2013 by in Bankruptcy, Industry, Legal
Oaktree Capital has been edged out as the lead bidder in the bankruptcy auction of Furniture Brands International's assets by KPS Capital Partners who put in a $280 million offer.
October 2,
2013 by in Economic News, High Point, Industry, Market
The High Point Market contributes $5.4 billion in economic impact to the overall local economy with more than 37,000 jobs and $198 million in N.C. local and state taxes and fees.
October 2,
2013 by in Bedding, Executive Changes, Industry, Product
Bob Sherman, former CEO of bedding major Serta, has resigned from his position.
October 2,
2013 by in Bedding, Executive Changes, Industry, Product
Bedding supplier Restonic has named Julia Rosien brand engineer for the company.
October 1,
2013 by in Acquisition, Industry
Furniture supplier Chromcraft Revington (OTC Pink Marketplace: CRCV) will be sold to Sport-Haley Holdings. (Other OTC: SPOR)