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SEC sues former Franchise Group CEO Brian Kahn

Filing says 3 co-conspirators “caused Prophecy to spend investor funds on risky, highly illiquid investments, including investments into Kahn entities, for which Prophecy Asset Management …

Ethan Allen opens Design Center in Colorado Springs

COLORADO SPRINGS, Colo. — Ethan Allen recently opened a new Design Center in Colorado Springs, located in the University Village Shopping Center. The recently completed …

Field & Stream partners with Urban Barnwood Furniture for wood furniture line

Mix will include about 30 SKUs of bedroom, dining and occasional available in multiple finishes and North American hardwood species SUGAR CREEK, Ohio — Field …

Flexsteel collaborates with Cozzia on new motion seating group

Company said Ziggy is a first-of-its-kind motion upholstery offering with built-in massage functionality in a sofa, loveseat, console loveseat and recliner DUBUQUE, Iowa Flexsteel is …

August existing home sales post another year-over-year increase

Inventory also remains high, giving buyers plenty of options in the marketplace, which could also lead to more furniture sales WASHINGTON — August existing-home sales …

FRG’s new owners sue AF Newco, buyers of American Freight

Included in the claims: Misleading the court about ties to former FRG CEO Brian Kahn The new owners of Franchise Group, led by Octagon Credit …

Closure of Our House Designs, Leathercraft followed period of major challenges

President Parker Maricich reflects on factors that led to the demise of both companies HICKORY, N.C. — Last month’s closure of upholstery manufacturer Our House …