Daily News
From Home Furnishing Business
February 18,
2025 by Karen Parrish in Business Strategy, Industry 
Somnigroup International Inc., formerly Tempur Sealy International, announced the completion of its name change. Shares of Somnigroup common stock trade on the New York Stock Exchange under the ticker symbol "SGI."
February 18,
2025 by Karen Parrish in Business Strategy, Industry
The adjustable base category is experiencing significant shifts in both retailer needs and consumer awareness, according to industry veteran John Schulte, president of Innovative Sleep Technologies and the Symphony Sleep brand.
February 18,
2025 by Karen Parrish in Business Strategy, Industry
The Lectra Observatory, which studies innovation and change in the fashion, furniture and automotive markets, has published its findings for the furniture market. This publication explores the current state of sustainability practices in the upholstery industry, identifies the challenges companies face in achieving their sustainability objectives, and highlights the technology available to help them overcome these challenges.
February 18,
2025 by Karen Parrish in Business Strategy, Industry
Nfinite, a pioneer in AI-driven product visualization with over $130M in financing raised to date, will debut its new Visual Experience Platform (VXP™) at eTail Palm Springs, offering retailers a transformative solution to streamline the creation, management, and optimization of product visuals at scale.
February 17,
2025 by Karen Parrish in Business Strategy, Industry
Ingka Group, the largest IKEA retailer which operates in 31 countries, publishes its Net Zero Transition Plan. The plan sets out clear actions and way forward for achieving its climate targets to reduce absolute greenhouse gas (GHG) emissions from the value chain by at least 50% by FY30 (compared to FY16 baseline) and reach net zero emissions by FY50*. The direction is in alignment with Paris Agreement’s goal to limit global temperature rises to 1.5°C above pre-industrial levels.
February 17,
2025 by Karen Parrish in Business Strategy, Industry
Shoppe Object, the premier home and gift trade show, concluded its Winter 2025 edition that ran from Feb 2–4, at the historic Starrett-Lehigh Building with record-breaking success. The new location was resoundingly lauded by both attendees and exhibitors as a superior new home for Shoppe Object’s largest-ever show, with over 800 hand-selected brands exhibiting. With its bright, expansive open-concept across the 3rd and 4th floors featuring stunning Hudson River views and a host of on-site amenities, the venue provided an inspiring backdrop that captured the spirit of New York.
February 17,
2025 by Karen Parrish in Business Strategy, Industry
Saatva, the Smarter Luxury Sleep Company, has arrived in Arizona. Saatva’s newest Viewing Room boasts a spacious 4,574 square feet designed to be more than a standard mattress store. This immersive space offers an integrated mattress exploration, education, and modern retail technology experience, perfect for residents of the Phoenix-Scottsdale area.