Daily News
From Home Furnishing Business
October 13,
2024 by Karen Parrish in Business Strategy, Industry
La-Z-Boy Incorporated, a global leader in the retail and manufacture of residential furniture, announced that Bob Lucian, senior vice president and CFO, will retire at the end of the fiscal year, effective April 26, 2025. Taylor Luebke, vice president, finance and treasurer, will succeed Lucian as senior vice president and CFO beginning January 1, 2025.
October 13,
2024 by Karen Parrish in Business Strategy, Industry
Bassett Furniture Industries, Inc. reported its results of operations for its third quarter ended August 31, 2024. In addition, the Company’s Board of Directors declared a regular quarterly dividend of $0.20 per share of common stock, payable on Nov. 29, 2024, to shareholders of record at the close of business on Nov. 15, 2024. This dividend represents an 11% increase over the prior year’s quarterly dividend.
October 13,
2024 by Karen Parrish in Business Strategy, Industry
Ingka Investments has made its second investment in the 1,333MW Golden Plains Wind Farm in Victoria, Australia, taking a 15 percent stake in Stage 2 of the 2.5 billion EUR mega-project that will be the biggest wind farm in the southern hemisphere.
October 13,
2024 by Karen Parrish in Business Strategy, Industry
Pottery Barn, a portfolio brand of Williams-Sonoma, Inc. (NYSE: WSM), the world’s largest digital-first, design-led and sustainable home retailer, announced the launch of a new home furnishings collaboration inspired by the Warner Bros.’ holiday film, The Polar Express.
October 10,
2024 by Karen Parrish in Business Strategy, Industry
Hooker Furnishings is set to unveil "Collected Living by HF" at the Fall 2024 High Point Market, marking a pivotal step in the company’s strategic transformation of its Legacy brands. This initiative signals a fresh direction, positioning Hooker Furnishings as a comprehensive, whole-home solution, offering a seamless and immersive lifestyle experience. By bringing together the best from Bradington-Young, Hooker Furniture, HF Custom, M, Sunset West, and BOBO Intriguing Objects, the brand is poised to deliver a more consumer-centric approach.
October 10,
2024 by Karen Parrish in Business Strategy, Industry
Tepperman’s, one of Canada’s leading home furnishings retailers, is proud to announce the promotion of Masoud Negad as Chief Executive Officer, the first non-family member to lead the company since its founding in 1925.
October 10,
2024 by Karen Parrish in Business Strategy, Industry
Leading furniture manufacturer, Bellini Modern Living, will be investing in new branding initiatives and increase its social media presence with the appointment of Keon Azimi as the company’s new marketing and merchandising director.