Author Archives: Home Furnishings News

Oprah, Safavieh Share Cover

The May cover of O The Oprah Magazine
Photo credit: Ruven Afanador/O Magazine

NEW YORK– Oprah Winfrey lies on a Safavieh rug on the May cover of O The Oprah Magazine. The photo shoot’s stylist asked the rug manufacturer for beige and pink Aubussons, the company said, and narrowed the choices down to one antique rug and another from the company’s Aubusson collection, which was used in theMore »

Wayfair Ups Execs to VPs

Wayfair.com

BOSTON-Wayfair has promoted eight executives to new positions at the vice president level. Nancy Go has been named vice president of brand marketing. Mike Henriques has become vice president of international, Australia. John Kim has been appointed vice president of pricing. Gregory Konicki has been promoted to vice president of warehousing. Joel Stevenson has becomeMore »

Select Comfort Q1 Net Falls 27.6 Percent

Select Comfort

MINNEAPOLIS-Although sales posted a strong gain, Select Comfort’s first-quarter net income dropped 27.6 percent to $17 million. Significant increases in costs hurt the mattress manufacturer/retailer’s bottom in the quarter, which ended on March 29. Total operating expenses increased 13.6 percent in dollars and 310 basis points as a percentage of sales. During a conference callMore »

Artisan Resource to Expand for Summer

Artisan Resource

WHITE PLAINS, N.Y.-The fifth semi-annual Artisan Resource will feature increased global representation and an expanded exhibit floor when it takes place this summer, from Aug.16-19. The show, which runs concurrently with NY Now, offers retailers a venue for sourcing from overseas artisan enterprises. This summer’s edition will include a number of government-sponsored pavilions as well,More »

La-Z-Boy to Restructure Casegoods to Import Model

La-Z-Boy

MONROE, Mich.–La-Z-Boy will restructure its casegoods business, which represents approximately 10 percent of its revenue, by transitioning to an all-import model for its wood furniture. During the second quarter of fiscal 2015, La-Z-Boy will discontinue casegoods production at its Hudson, N.C., facility.  That facility currently produces bedroom furniture collections for the Kincaid and American DrewMore »

Flexsteel Posts Q3 Profit, Sales Records

Flexstee

DUBUQUE, Iowa-Flexsteel Industries set new marks for net income and net sales in its third quarter ending on March 31. Net income totaled $4.4 million, up 41.8 percent from the third quarter of last year. Net sales in the quarter increased 12.4 percent to finish at $110.5 million. The company reported gains of 16 percentMore »

Gibson Teams with Designer Tutera

David Tutera

COMMERCE, Calif.-Gibson Overseas has allied with designer and wedding planner David Tutera to create a collection of tabletop products and housewares. The line will include flatware and glassware, with a design that will blend with the multicultural audience of his television show, “David Tutera: Unveiled,” which airs on WEtv. “By joining forces with Gibson’s industryMore »

Designer Camuto Debuts Bedding with Pem America

The Vince Camuto Home Berlin ensemble

NEW YORK-Designer Vince Camuto has formed a license agreement with Pem America for a collection of bed ensembles. The launch, under the brand Vince Camuto Home, encompasses six ensembles whose designs draw from Camuto’s interest in architecture and interior design and his global travels. The line includes bedding and decorative pillows in a color paletteMore »