February 8,
2024 by HFBusiness Staff in Business Strategy, Industry
President and CEO of Leggett & Platt Mitch Dolloff commented, "2023 was another challenging year for residential end markets as our Bedding Products and Furniture, Flooring & Textile Products segments faced ongoing weak market demand. Encouragingly, our Specialized Products segment benefited from sustained demand strength as industrial end markets continue to recover post-pandemic.”
February 7,
2024 by HFBusiness Staff in Business Strategy, Industry
XPO announced its financial results for the fourth quarter 2023, reflecting a strong performance in a soft industry environment for freight transportation. The company reported diluted earnings from continuing operations per share of $0.49 and adjusted diluted earnings from continuing operations per share of $0.77.
February 6,
2024 by HFBusiness Staff in Business Strategy, Industry
The Home Furnishings Association (HFA) announced that Shannon Williams will be its next Chief Executive Officer effective June 1, 2024.
February 6,
2024 by HFBusiness Staff in Business Strategy, Industry
Wayfair Inc. a destination for the home, announced Decorify, a generative AI pilot application, this is now available on Apple Vision Pro.
February 6,
2024 by HFBusiness Staff in Business Strategy, Industry
Morgan Li, a custom manufacturer offering fixtures, furniture and graphics solutions, announced that site plans have been finalized and construction will soon be underway on a new facility in Chicago Heights.
February 6,
2024 by HFBusiness Staff in Business Strategy, Designer Weekly, Industry
Momentum Textiles & Wallcovering, the industry's largest supplier of commercial textiles and wallcoverings, is thrilled to announce the launch of its brand new Light Collection. This innovative offering, grounded in evidence-based scientific research on the healing properties of light, blends biophilic design elements with high performance materials to promote wellness in a mix of environments from healthcare spaces to workplaces of the future.
February 6,
2024 by HFBusiness Staff in Business Strategy, Designer Weekly, Industry
Garnet Hill, recognized for its quality and premium natural fibers, announces the grand opening of its only full-price retail store at Legacy Place in Dedham, MA. The Garnet Hill store, featuring the best of its women’s apparel and home textiles, was created so guests can experience the brand’s lifestyle and immerse themselves in unique products made from the world’s finest fibers.