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From Home Furnishing Business

IMC Slates Five Designer-Oriented Tours at October Market

International Market Centers has scheduled five live tours for designers and retailers during next month’s Fall Market, including a new tour focused on lighting that will be led by Chris Goddard of HGTV’s Design Star: Next Gen series.

Bankruptcy Court Approves Sale of Corsicana Mattress

A U.S. Bankruptcy Court judge has approved the sale of Corsicana Mattress to Blue Torch Finance, paving the way for the mattress producer to emerge from Chapter 11 bankruptcy protection.

ISFD Names Pinnacle Award Finalists; Winners to be Revealed at Oct. 24 Gala

The International Society of Furniture Designers has unveiled the finalists for the 2022 Pinnacle Awards, which will be handed out Oct. 24 during next month’s High Point Market.

GhostBed Unveils Adjustable Bed Base with Customizable Heights

GhostBed, an online mattress retailer and manufacturer of boxed beds, has introduced an adjustable bed base with customizable heights that allows consumers to choose a lower profile sleep system.

Bellini Modern Living Debuts Private Label Line at Hudson’s Bay

Bellini Modern Living, a resource for modern Italian furniture based in Canada, has partnered with Canadian retail powerhouse Hudson’s Bay for exclusive, private-label Spazio brand galleries in 10 of the retailer’s flagship stores across Canada.

Universal President Scheffer to Retire; Sean O’Connor Named Successor

Jeff Scheffer, president and CEO of Universal Furniture since 2008, announced he will retire at the end of the year, ending a 45-year career in the home furnishings industry.

Purple’s Largest Shareholder Makes Buyout Offer of $225.6 Million

Specialty mattress producer Purple Innovation, best known for its gel grid mattresses, has received an unsolicited buyout offer from Coliseum Capital Management, its largest shareholder, which is worth about $225.6 million.

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