Daily News
From Home Furnishing Business
June 25,
2025 by Karen Parrish in Business Strategy, Industry 
MillerKnoll Inc., a growth-oriented small-cap value company in the industrial and consumer sectors, today reported results for the fourth quarter and full fiscal year 2025, which ended May 31, 2025.
June 25,
2025 by Karen Parrish in Business Strategy, Industry
The home furnishings industry lost one of its longtime professionals on June 20, 2025, with the passing of George William “Bill” Hart after a courageous 2½-year battle with Bulbar ALS. He was 78.
June 25,
2025 by Karen Parrish in Business Strategy, Industry
Guided by the vision of creating a better everyday life for the many people, Ingka Group, the largest IKEA retailer, is stepping up efforts to support customers with low prices while ensuring solid performance and long-term growth. In the coming period, in many IKEA markets around the world, the price of restaurant meals will be halved Monday to Friday while children will eat for free.
June 25,
2025 by Karen Parrish in Business Strategy, Designer Weekly, Industry
Contemporary lifestyle brand, Armen Living is Celebrating Summer with events to welcome six new sales reps, highlighting an anniversary, and honoring one of their own, for being named as this year’s ‘Pillar of the Industry’.
June 25,
2025 by Karen Parrish in Business Strategy, Industry
Culp, Inc., a leading provider of fabrics for bedding and upholstery fabrics for residential and commercial furniture, reported financial and operating results for the fourth quarter and fiscal year ended April 27, 2025.
June 24,
2025 by Karen Parrish in Business Strategy, Industry
Somnigroup International Inc. announced that, upon the recommendation of the Human Resources/Capital and Talent Committee, the independent members of the Board of Directors have extended the term of Scott Thompson's employment contract as Chairman, Chief Executive Officer and President of the Company to December 31, 2029. Mr. Thompson has led the Company since September 2015. During his tenure, the Company's share price increased by over 250%, exceeding both the S&P 500 and the Russell 2000 Indexes.
June 24,
2025 by Karen Parrish in Business Strategy, Industry
Connector Team Recruiting, the leading talent partner to the furniture and home furnishings industry, is proud to announce the addition of Dan Zjak as a Partner in the firm. Dan brings nearly two decades of senior leadership experience in supply chain, retail, and contract staffing, and will play a key role in expanding the firm's capabilities across the country.