Talk of oil-related price increases heats up
With increases of raw materials averaging around 12%, sources note this could raise FOB prices 6%-8% HIGH POINT — Rising prices of raw materials, some …
Category: International
Report: Furniture imports decline 12.7% from 2024
Analysis from investment banking firm Mann Armistead & Epperson shows the wholesale value of furniture shipments to the US totaled $29.6 billion last year RICHMOND, …
NP Property Development opens newest Ashley Outlet, Ashley Sleep Store in Cambodia
PHNOM PENH, Cambodia — Last month, NP Property Development Co. Ltd. unveiled its newest Ashley Outlet and Ashley Sleep Store with a grand opening and ribbon-cutting ceremony. The new showroom is part of an …
US Court of International Trade rules in favor of tariff refunds
The Trump administration is ordered to refund $130 billion in duties WASHINGTON — In the home furnishings industry, tariffs have always been part of doing …
Ethan Allen upholstery plant in Mexico again recognized for environmental excellence
DANBURY, Conn. — Ethan Allen’s upholstery manufacturing plant in Silao, Guanajuato, Mexico, has once again been recognized as “Empresa Socialmente Responsible” (Environmentally and Socially Responsible), …
Latest global tariff announcement adds more uncertainty to global trade
Tariff remains in effect for 150 days and can be extended with Congressional approval WASHINGTON — Almost as soon as businesses began to cheer the …
Industry reacts with caution to Supreme Court ruling on tariffs
Officials say they are not taking any specific measures regarding pricing until they know what actions the Trump administration may take next on tariffs WASHINGTON …
Supreme Court rules that Trump tariffs are illegal
The following story was originally published by CNN WASHINGTON — The Supreme Court on Friday ruled that President Donald Trump violated federal law when he …
Sunpan opens new office in Ho Chi Minh City, Vietnam
HO CHI MINH CITY, Vietnam — Global furniture brand Sunpan announced the opening of its Vietnam office in Ho Chi Minh City, marking a significant milestone …
Port Tracker report cites tariffs in import slowdown
Authors also acknowledge tariffs have had an impact on costs and retail prices to consumers WASHINGTON — Ongoing tariffs are expected to cause a decline …
