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From Home Furnishing Business

Sunpan Provides Furniture for ET Canada Interviews at Toronto Film Festival

Upholstery and case goods resource Sunpan is once again providing furnishings for ET Canada’s interview suite at this year’s Toronto International Film Festival.

Hooker Furnishings Reports 5.9% Sales Slip as Bloated Retail Inventories Take Toll

Hooker Furnishings said sales slid 5.9 percent to $152.9 million in the quarter ended July 31, driven largely by a 32.4 percent sales decline in its Home Meridian segment.

Lovesac Sales Leap 45% as Sactionals Producer Continues Market Share Gains

Upholstery producer Lovesac, which sells products online and in branded retail stores and kiosks, said sales jumped 45 percent to $148.5 million in the quarter ended July 31.

Precision Textiles Unveils Foam FR Pillow with Antimicrobial Protection

Precision Textiles, a leading supplier of coated fabrics, nonwovens and laminations for the bedding, automotive, health care and home furnishings industries, has developed an industry-first foam pillow featuring the same FR capabilities as the company’s IQ Fit Glass Free products with antimicrobial protection, as well as an innovative design.

Ekornes Expands Factory in N.C.; Moves Some Recliner Production from Thailand

Upholstery producer Ekornes, best known for its Stressless recliners and sofas, said it is shifting production of two of its most popular power recliners from Thailand to its factory in Morganton, N.C.

XPO Hires Jamie Harris as CFO of Brokered Transportation Spin-off

XPO Logistics, a leading provider of freight transportation services, announced that Jamie Harris will become chief financial officer of RXO, the planned spin-off of XPO’s brokered transportation platform.

As Dorms Re-open, Gold Bond Gets Major Boost From College, Prep School Mattress Orders

Independent producer Gold Bond Mattress is seeing a strong uptick in its university and prep school business throughout the Northeast this summer as virtually all these institutions have re-opened dormitories for the fall semester.

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