Dorel reports declines in Q1 sales, earnings
Softness in consumer demand for furniture, lingering inventory issues, created challenges in the Home segment MONTREAL — Dorel Industries reported a decline in revenues and …
Author: Thomas Russell
Home News Now Editor-in-Chief Thomas Russell has covered the furniture industry for 25 years at various daily and weekly consumer and trade publications. He can be reached at tom@homenewsnow.com and at 336-508-4616.
Richloom promotes Michael Saivetz to president
NEW YORK — Textiles manufacturer Richloom has promoted longtime company executive Michael Saivetz to president. He takes on a role that was previously filled by …
Judge determines Man Wah must pay Raffel Systems $15.1 million in damages related to patent, trade dress infringement
Parties expected to negotiate final settlement in the coming weeks that also will include attorneys fees and other costs MILWAUKEE — A judge for the …
Some HNN observations about the April High Point Market
Editor-in-Chief Tom Russell takes some time to reflect on what made this past market a success HIGH POINT — Coming out of any busy market …
Researchers study human exposure to PFAS chemicals used in performance fabrics
Chemical Insights Research Institute partners with Emory University on research project ATLANTA — Researchers here are attempting to determine human exposure to PFAS chemicals used …
Tempur Sealy Q1 earnings spell out financial position as it enters acquisition mode
Company reports net sales of $1.21 billion, net income of $85.3 million for first quarter ended March 31 LEXINGTON, Ky. — In what probably amounted …
BoConcept launches Bolzano upholstery line
Designed by Morten Georgsen, collection features pieces with a soft modern and organic aesthetic NEW YORK — Danish furniture retail chain BoConcept has launched a …
A conversation with Janet Linly, owner of Marge Carson
Manufacturer continues to produce line of upholstery and wood furniture in Mexico for the U.S. market CHICAGO — Since acquiring the Marge Carson brand last …
Flexsteel conference call further maps out growth initiatives
Company plans to combat slowdown with aggressive, targeted product development, distribution strategy DUBUQUE, Iowa — A review of Flexsteel’s latest earnings call for its third …
Breaking News: Tempur Sealy to acquire bedding retailer Mattress Firm for $4 billion
Deal is expected to close in second half of 2024; Mattress Firm would operate as a separate business unit LEXINGTON, Ky. — Bedding giant Tempur …
