Daily News
From Home Furnishing Business
February 18,
2025 by Karen Parrish in Business Strategy, Industry 
The Bienenstock Furniture Library announces updates to its 2025 Board of Directors including Brian Simpson, who assumes the role of board president; Caroline Hipple as vice president; and two additional home furnishings industry executives, Thomas Verellen and Lisa Kahn, as new board members.
February 18,
2025 by Karen Parrish in Business Strategy, Industry
Kirkland's, Inc., a multi-brand specialty retailer of home décor, housewares and furnishings, today announced an update to the Company's strategic initiatives and plans to advance the path to profitability and provided an update on fourth quarter fiscal 2024 preliminary results.
February 18,
2025 by Karen Parrish in Business Strategy, Industry
Somnigroup International Inc., formerly Tempur Sealy International, announced the completion of its name change. Shares of Somnigroup common stock trade on the New York Stock Exchange under the ticker symbol "SGI."
February 18,
2025 by Karen Parrish in Business Strategy, Industry
The adjustable base category is experiencing significant shifts in both retailer needs and consumer awareness, according to industry veteran John Schulte, president of Innovative Sleep Technologies and the Symphony Sleep brand.
February 18,
2025 by Karen Parrish in Business Strategy, Industry
The Lectra Observatory, which studies innovation and change in the fashion, furniture and automotive markets, has published its findings for the furniture market. This publication explores the current state of sustainability practices in the upholstery industry, identifies the challenges companies face in achieving their sustainability objectives, and highlights the technology available to help them overcome these challenges.
February 18,
2025 by Karen Parrish in Business Strategy, Industry
Nfinite, a pioneer in AI-driven product visualization with over $130M in financing raised to date, will debut its new Visual Experience Platform (VXP™) at eTail Palm Springs, offering retailers a transformative solution to streamline the creation, management, and optimization of product visuals at scale.
February 17,
2025 by Karen Parrish in Business Strategy, Industry
Ingka Group, the largest IKEA retailer which operates in 31 countries, publishes its Net Zero Transition Plan. The plan sets out clear actions and way forward for achieving its climate targets to reduce absolute greenhouse gas (GHG) emissions from the value chain by at least 50% by FY30 (compared to FY16 baseline) and reach net zero emissions by FY50*. The direction is in alignment with Paris Agreement’s goal to limit global temperature rises to 1.5°C above pre-industrial levels.