August 7,
2025 by Karen Parrish in Business Strategy, Industry
Somnigroup International Inc. announced financial results for the second quarter ended June 30, 2025 and raised financial guidance for the full year 2025.
August 7,
2025 by Karen Parrish in Business Strategy, Industry
Arhaus, Inc., a growing lifestyle brand and omni-channel retailer of premium artisan-crafted home furnishings, reported second quarter 2025 results for the period ended June 30, 2025.
August 7,
2025 by Karen Parrish in Business Strategy, Industry
Meridian Furniture is expanding its reach into the real estate staging business as more residential properties turn to these professional designers to spiff up homes to drive sales. The brand is taking a page from its work with interior designers to cater to this market segment with special programs and tech platforms that make doing business with stagers more convenient.
August 7,
2025 by Karen Parrish in Business Strategy, Industry
Somnigroup International Inc. announced the expansion of its relationship with Fullpower-AI® ("Fullpower"), a leading provider of biosensing AI solutions. Since 2019, Fullpower's Sleeptracker-AI ("Sleeptracker") technology has powered the TEMPUR-Ergo® Smart Base collection for over 250 million nights of sleep. As part of the expanded partnership, Tempur Sealy, a wholly owned business of Somnigroup, is making a $25 million equity investment in Fullpower to acquire an approximate 15.6% ownership stake.
August 7,
2025 by Karen Parrish in Business Strategy, Industry
RXO (NYSE: RXO) reported its second-quarter financial results.
August 7,
2025 by Karen Parrish in Business Strategy, Industry
Dorel Industries Inc. announced that on August 7, 2025, it again amended its asset backed loan (ABL) facility and term loan facility whereby Dorel’s lenders agreed to continue to forebear from enforcing their rights and exercising their remedies under both the ABL facility and term loan facility further to a default by Dorel relating to certain financial covenants.
August 6,
2025 by Karen Parrish in Business Strategy, Industry
ANDMORE®, the largest owner and operator of tradeshows in the U.S., announced the appointment of Robert Klein as Chief Financial Officer. Klein joins ANDMORE from Postal Realty Trust, Inc. (NYSE: PSTL), where he served as Chief Financial Officer since 2021.