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From Home Furnishing Business

Versatile Credit, Mega Group Partner for Kiosk Program

Versatile Credit has partnered with MEGA Group USA to supply member retailers with a kiosk that gives consumers a private way to apply for credit.

Decca USA Buys High Point Showroom

Decca USA, parent company to high-end furniture brands Bolier & Co. and Cosmopolitan by Dakota Jackson,  has doubled its High Point showroom space with the purchase of 11,200 square feet. 

Conn’s 4Q Income Drops

Retailer Conn’s Inc.  (NASDAQ: CONN) posted net income of $15.5 million for the fourth quarter ended Jan. 31 compared to $27.7 million for the prior year fourth quarter.

Fashion Bed Group Expands High Point Showroom

Bedding accessory company Fashion Bed Group is nearly tripling the size of its High Point Market showroom.

Spring Air Shifts Licensing Territories

Bedding supplier Spring Air has reassigned and reorganized several areas of licensing responsibility in the U.S.

FastFact: Under 5 Age Group to Post Significant Gains

  Demographic shifts over the next five to 10 years will influence the demand for youth furniture. Population projections provide a basis of what can be expected the category’s growth.

Natuzzi 4Q Sales Climb 12.6%

Leather upholstery supplier Natuzzi (NYSE: NTZ) reported a net loss of $19.2 million for the fourth quarter ended Dec. 31 compared to a net loss of $37.1 million in the final quarter of last year.

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