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From Home Furnishing Business

30th Annual Prayer Breakfast Speaker, Kelvin Cochran at HP Market

Kelvin Cochran, former fire chief of the city of Atlanta, who began his career as a firefighter and later ultimately named by President Barack Obama to the post of Administrator of the United States Fire Administration (USFA), will be the keynote speaker for the Annual Prayer Breakfast at Spring Market High Point.

XPO Transportation Named Carrier of the Year by Echo Logistics

XPO, a leading provider of less-than-truckload (LTL) transportation in North America, has been named 2022 National Carrier of the Year by Echo Global Logistics, a Fortune 1000 3PL provider.

IDS Student Memberships Free of Charge Thanks to Feizy Rugs

The Interior Design Society (IDS) is excited to announce that all student memberships will now be free of charge. Feizy Rugs is the supporter behind this effort, helping to make it possible. 

House of Ecologie Designs Luxury Collection with “Garbage”

Architect and interior designer Campion Platt is collaborating with House of Ecologie to design a sustainable luxury capsule furniture collection that will use a new generation of advanced recycled materials. Ecogensus, a global sustainable resources technology company, will supply the proprietary materials.

Glassisimo Innovates Product Presentation for Spring Market in HP

High-end custom art furniture designer and crafter Glassisimo is innovating its product presentation for the upcoming High Point Market. From its 770-square-foot space, the company is leveraging 3D technology to show configurations of some of its highly customizable products.

RH Reports Fourth Quarter and Fiscal Year 2022 Results

Fiscal Year 2022 Highlights

-  GAAP Net Revenues were $3,590M vs. $3,759M last year, and adjusted net revenues were $3,590M vs. $3,758M last year.

- GAAP Gross Margin of 50.5% vs. 49.4% last year and adjusted gross margin of 50.8% vs. 49.3% last year.

-  GAAP Operating Margin of 20.1% vs. 24.7% last year and adjusted operating margin of 22.0% vs. 25.6% last year.

-  GAAP Net Income of $529M vs. $689M last year, and adjusted net income of $529M vs. $767M last year.

GAAP Diluted EPS was $19.90 vs. $22.13 last year, and adjusted diluted eps was $20.06 VS. $26.12 last year.

HD Buttercup Announces Design Center Concept to Empower Brands

Los Angeles-based HD Buttercup, a wholly owned subsidiary of Australia's iconic home and home furnishings retailer Coco Republic, is legendary for discovering and curating compelling home brands under one roof.

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