News

Wayfair IPO Could Garner Up to $308 Million

Wayfair.com

BOSTON-Wayfair’s initial public offering could bring in up to $308 million in proceeds, according to a filing by the Internet retailer with the U.S. Securities and Exchange Commission. The offering involves 11 million shares, with an estimated price of between $25 and $28 a share, the filing said. According to press reports (unconfirmed by WayfairMore »

Last updated: September 23, 2014

Kas Rugs to Unveil New High Point Showroom

Kas

By Andrea Lillo SOMERSET, N.J.–Kas Rugs is moving into a new showroom at High Point Market. At 6,500 square feet, the new spot is more than 60 percent larger than its former location and will enable the company to show all of its product offerings, including poufs and pillows, and its licensed lines, the companyMore »

Last updated: September 23, 2014

New Space for Kaleen in N.C.

Kaleen

DALTON, Ga.–Next month, Kaleen Rugs will open its new 4,200-square-foot showroom at High Point Market. It will be located in Showplace in space #2345. A ribbon-cutting ceremony will be held at 11 a.m. on Monday, Oct. 20. “Our new High Point showroom continues the rebranding of Kaleen,” said Monty Rathi, chief operating officer. “The showroomMore »

Last updated: September 23, 2014

Emma Gardner’s Metamorphosis Expands

The new Parasols design from Emma Gardner

PETALUMA, Calif.—Metamorphosis, a handknotted line made of wool and silk from emma gardner design, has now grown to include two new patterns: Hoot and Parasols, both available in two colorways. The collection now has seven designs. Gardner’s whimsical and stylized designs use bold colors and both Hoot and Parasols are made from handknotted Tibetan woolMore »

Last updated: September 23, 2014

Celebrations and Finds at Forty One Madison

41Mad_KostaBoda

NEW YORK–Buyers headed to the New York Tabletop Show here next month will have the chance to add to best-selling franchises while also sampling from scores of new products, new artists and new looks. At the fall edition of the show, which takes place Oct. 21-24, Forty One Madison will mark its 40th anniversary. TheMore »

Last updated: September 23, 2014

NPD: Innovation—and Basic Needs—Drive Small Appliance Sales

NPD Group

PORT WASHINGTON, N.Y.–The U.S. small home appliance market grew 4 percent, to $19.6 billion, in the months from July 2013 through June 2014, according to market research firm The NPD Group, and the categories that gained the most sales during these 12 months were either centered around providing something new, or filling simpler needs. “InnovationMore »

Last updated: September 22, 2014

Current Trend at Ambiente: Small Electrics

2014 Ambiente

FRANKFURT, Germany–An increasing number of housewares vendors are plugging into the Ambiente fair here. According to show organizer Messe Frankfurt, the number of exhibitors from the small electrical appliances segment rose at the last two events, “a positive trend that is set to continue in 2015.” “More and more companies from this segment want toMore »

Last updated: September 22, 2014

Executive Shift at NY Now; Falkenberg Out

Randi Mohr

WHITE PLAINS, N.Y.–Emerald Expositions has restructured the senior leadership of NY Now, promoting Randi Mohr and Scott Kramer to the new positions of vice president, show directors, while Allison Garafalo has been promoted to sales director, all effective immediately. The role of senior vice president of NY Now, formerly held by Christian Falkenberg, has beenMore »

Last updated: September 19, 2014