Klaussner’s sudden demise leaves voids to fill in the marketplace
Top 10 retail customers are estimated to account for more than half of its business in 2021 ASHEBORO, N.C. — Last week’s news that Klaussner …
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.
Some key takeaways from Dorel’s latest earnings
Furniture segment lags because of ongoing inventory issues at retail, but company believes a turnaround is imminent MONTREAL — Dorel’s latest earnings report for its …
Sarreid takes 2nd High Point space in Interhall for October market
Company seeks more exposure in the marketplace with additional showroom HIGH POINT — As part of an effort to expand its reach among designers and …
Robin Hoff joins Theodore Alexander as senior VP, upholstery merchandising
HIGH POINT — Industry veteran Robin Hoff has been named senior vice president, upholstery merchandising at luxury furniture manufacturer Theodore Alexander, a new position. She …
CPSC holding Aug. 17 webinar on mandatory safety standard for clothing storage units
WASHINGTON — The U.S. Consumer Product Safety Commission is hosting a webinar on the requirements of the STURDY (Stop Tip-Overs of Unstable Dressers on Youth) …
SSB names Rob Burch chief operating officer
Executive will oversee company’s network of manufacturing facilities in the US and Canada DORAVILLE, Ga. – Serta Simmons Bedding has appointed Robert Burch to its …
Are inventories finally starting to level?
Department of Commerce data shows that retail and wholesale inventories may be getting closer to pre-pandemic levels HIGH POINT — For months on end, inventories …
BoConcept launching new fall collection Sept. 1
Latest introduction blends modern design with soft curves in upholstery and wood furniture HERNING, Denmark — Danish lifestyle retailer BoConcept is launching a new collection …
Purple Innovation reports declines in Q2 net revenues
Company’s net loss also widens to $37.6 million, from $22 million last year LEHI, Utah — Mattress resource Purple Innovation reported decreases in net revenues …
Spectra Home teams up with Magnolia Network’s Tamara Day for licensed collection
Line will include sofas, sectionals, chairs, benches, swivel chairs and ottomans available in fabrics and leathers HIGH POINT — Upholstery resource Spectra Home is partnering …
