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From Home Furnishing Business

La-Z-Boy Earnings Tumble 15% on Lower Operating Margins

La-Z-Boy (NYSE: LZB) said sales rose 4.8% in the opening quarter of its fiscal year, but profits fell more than 15% due largely to lower operating margins in its upholstery segment.

ASFD Names 65 Pinnacle Awards Finalists

The American Society of Furniture Designers has announced finalists for the prestigious Pinnacle Awards, which will be presented Oct. 16 during the High Point Furniture Market.

ICFA Sets Industry Roundtables Prior to Casual Market

The International Casual Furnishings Association is hosting its fifth annual Industry Roundtables from noon to 6 p.m. on Monday, Sept. 11, the day prior to the opening of Casual Market Chicago.

SFC Schedules Breakfast Meeting During High Point Market

The Sustainable Furnishings Council will have an open membership meeting and breakfast on Oct. 14, the opening day of the High Point Market.

Man Wah Breaks Ground for 5th Chinese Factory

Upholstery producer Man Wah Holdings has broken ground for its fifth manufacturing facility in China, a move that will boost the company’s production space to more than 16 million square feet.

Erin Sullivan Named to Product Development Post at FFD

Case goods and upholstery manufacturer Fine Furniture Design has named merchandising veteran Erin Sullivan as vice president of product development.

Kas Rugs Sets Licensing Deal with Libby Langdon

Kas Rugs has teamed up with designer and author Libby Langdon for a licensed collection of rugs and pillows that will launch at the October High Point Market.

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