Furniture

The High-End is a Highlight at High Point Market

Global Views

HIGH POINT, N.C.– High Point Market saw a refocus on the high-end market, as some vendors said their higher-priced debuts were some of the highlights at the show, which ended yesterday. As long as those items were unique, one of a kind or aspirational, some buyers did not hesitate with high-end products, exhibitors said. AtMore »

Last updated: October 24, 2014

Select Comfort Q3 Net Rises 16.3 Percent

Select Comfort

MINNEAPOLIS-With sales on the upswing, Select Comfort (NASDAQ: SCSS) reported a 16.3 percent gain in third-quarter net income, which totaled $23.6 million. Net sales increased by 22.6 percent to $323.4 million in the quarter, which ended on Sept. 27. In a conference call to financial analysts yesterday, Shelly Ibach, Select Comfort’s president and CEO, attributedMore »

Last updated: October 23, 2014

Leggett & Platt Q3 Net Drops 32.4 Percent

Leggett & Platt

CARTHAGE, Mo.-A significant spike in expenses led Leggett & Platt (NYSE: LE) to a downturn of 32.4 percent in its third-quarter net income, which totaled $48.2 million. Selling, general and administrative expenses jumped 53.9 percent in dollars and 344 basis points as a percentage of sales, to 13.2 percent. The rise in costs occurred partlyMore »

Last updated: October 23, 2014

High Point Market Authority Recognizes Outgoing Board Members

High Point Market

HIGH POINT, N.C.–At its annual board meeting yesterday, the High Point Market Authority recognized the service of several outgoing board members. Completing their board term at the end of 2014 are: Jena Hall, president, Jena Hall Designs, Ltd. Tom Mitchell, president, Home Furnishings Leasing, International Market Centers Joe Mussallem, president, Man Wah USA Kevin O’Connor,More »

Last updated: October 23, 2014

Ethan Allen Q1 Net Jumps 31.5 Percent

Ethan Allen

DANBURY, Conn.-Healthy sales along with stringent expense controls boosted Ethan Allen Interiors’ first-quarter net income by 31.5 percent, to $11.9 million. Net sales in the quarter, which ended on Sept. 30, totaled $190.7 million, up 5 percent from last year’s first quarter. The main driver for the top line came from Ethan Allen’s wholesale segment,More »

Last updated: October 22, 2014

Brown Jordan Names MacBeth SVP of Operations

Jeff MacBeth

ST. AUGUSTINE, Fla.-Jeff MacBeth has been promoted to senior vice president of operations at Brown Jordan International, a newly created position for the furniture manufacturer. MacBeth, who was previously vice president of operations, retains his current responsibilities over the daily operations of the company’s Charter Furniture and Winston Furniture Co. He will also handle specialMore »

Last updated: October 21, 2014

AICO Ups Reilly, Moss; Moves to Expand in Textiles

AICO

PICO RIVERA, Calif.-AICO/Amini Innovations Corp. has promoted Chuck Reilly and Jackie Moss, and has stated its intention to enlarge its product line in textiles. Reilly, who was senior vice president of sales and marketing, has been named executive vice president. He retains his responsibilities over the company’s sales and marketing sectors, and has added strategicMore »

Last updated: October 21, 2014

Blog: Report from High Point Market

Jaipur Traditions Made Modern

HIGH POINT, N.C.–Amid a positive buzz here at High Point Market, companies debuted collections and looks, including a slew of licensed lines with well-known designers and companies. Bob Timberlake was on hand to launch his lighting line with Wildwood Lamps, which he said was only the beginning. One ceramic item incorporated the Chinese design forMore »

Last updated: October 20, 2014