Vietnamese-owned Thinh Viet launches design platform
T&V Design Network aims to provide exclusive product, finishing development services for a growing customer base HO CHI MINH CITY, Vietnam — One of Vietnam’s …
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.
HomeStretch eliminates tariff surcharge
Company alerts dealers it will soon shift to an ‘all in’ price list that reflects prices it has used since 2018 NETTLESON, Miss. — Motion …
Legacy Classic/Modern names Chris Pelcher president
HIGH POINT — Case goods resource Legacy Classic/Modern has named Chris Pelcher, president. He replaces Neill Robinson, who recently left the company for a position …
Lifestyle Enterprise names Grey Hunsucker as president of its upholstery division
HIGH POINT — Lifestyle Enterprise has hired industry veteran Grey Hunsucker as president of the company’s upholstery division, Simply Cool Living. He replaces Shawn Cantrell, …
Kravet acquires Tomlinson Erwin-Lambeth
THOMASVILLE, N.C. — Upper-end furniture, accessories and home décor resource Kravet has recently acquired various assets of Tomlinson Erwin-Lambeth, expanding its product mix to an …
YOY December furniture orders fall 31%
For the full year, orders were down 33% from 2021 levels according to Smith Leonard report HIGH POINT — New orders for furniture in December …
La-Z-Boy’s commitment to retail stores remains robust
Segment contributes largest level of sales growth, profitability in company’s latest quarterly financial results MONROE, Mich. — Once again, La-Z-Boy delivered positive results for its …
Industry fondly remembers Cisco Pinedo
PASADENA, Calif. — Following our publication last week of an obituary for Cisco Pinedo, who died suddenly on Feb. 11 while traveling in Mexico, we …
CFPB seeks public comment on rule to limit credit card late fees
Agency says revenues collected from these charges are estimated as much as five times greater than collection costs for late-payment violations WASHINGTON — The Consumer …
Coliseum Capital lawsuit says Purple’s preferred stock issuance violates company’s charter
Company’s largest shareholder said move also further illustrates need for new board members ROWAYTON, Conn. — Coliseum Capital, Purple Innovation’s largest shareholder, has filed a …
