Tag Archives: Bassett Furniture

Bassett’s Afternoon of Service

Bassett

NEWTON, N.C.–Yesterday, Bassett Furniture donated labor and design consulting services along with tens of thousands of dollars worth of new furnishings to eight non-profit organizations. The non-profit organizations, all within a 12-mile radius of Bassett’s upholstery plant here, included a fire station, a school for children with special needs, a city park, a shelter forMore »

Last updated: June 4, 2014

High Point Blog: Bring on the Shoppers

Sauder

HIGH POINT, N.C.–Retailers and vendors at High Point Market—which ends tomorrow—spoke of pent-up demand from consumers who curtailed their shopping habits during the unusually harsh winter that affected much of the nation. With the start of spring, some theorized the previously repressed shoppers will be ready to spend as the weather improves. With that inMore »

Last updated: April 9, 2014

High Point Market Opens

High Point

HIGH POINT, N.C.–The spring High Point Market opens today with thousands of product introductions—plus a plethora of networking opportunities—on tap. Among the notable happenings, Trump Home by Dorya is unveiling a new 50-piece furniture collection; Surya is showing its first foray into the bedding category; Highland House is debuting a furniture collection from Barclay Butera;More »

Last updated: April 4, 2014

Bassett to Expand Motion Offerings, Hires Dobkins

Kent Dobkins

BASSETT, Va.–Bassett Furniture said it will push forward in the motion upholstery category with the company’s new Bassett Motion Xpress program, debuting at the High Point Market, April 5-10. The program features eight new styles, each with multiple cover options. Bassett has produced selected items in the motion category for a number of years, butMore »

Last updated: April 4, 2014

Bassett Posts Q3 Sales Gain of 19.7 Percent; Net Falls on 2012 Income Tax Benefit

Bassett

BASSETT, Va.-Bassett Furniture Industries recorded its fourth consecutive quarter of double-digit sales growth in its fiscal third quarter ending on Aug. 31. Net sales totaled $77.2 million, up 19.7 percent. Because of a favorable provision related to its 2011 federal tax return recorded in last year’s third quarter, the company’s net income in the quarterMore »

Last updated: October 3, 2013

Chris Madden Relaunches Textiles Line with Idea Nuova Global

Chris Madden Style

NEW YORK-Chris Madden Inc. is partnering with Idea Nuova Global on a line of textiles that will mark the designer’s re-emergence in this category. The new collection will consist of bedding, window treatments, throws and decorative pillows. It will make its first appearance at next month’s New York Home Fashions Market. Madden had previously offeredMore »

Last updated: August 13, 2013

Bassett Q2 Net Totals $2 Million

Bassett

BASSETT, Va.-Bassett Furniture Industries posted net income of $2 million for its fiscal second quarter ending on June 1. The net total was down 75.7 percent from last year’s second quarter, which included $9 million of income relating to the cash distribution from the Continued Dumping and Subsidy Offset Act, which involved the company’s supportMore »

Last updated: July 9, 2013