Author Archives: Home Furnishings News

Sanyo to Become Panasonic Wholly Owned Subsidiary

Sanyo to Become Panasonic Wholly Owned Subsidiary

OSAKA, Japan—Panasonic will convert Sanyo into a wholly owned subsidiary through a share exchange that is scheduled for March. Panasonic, which acquired the majority of Sanyo’s voting stock in December 2009, conducted a tender offer for all of Sanyo’s shares from Aug. 23 to Oct. 6 of this year. As of two days ago, PanasonicMore »

Adams-Hartford Increases Show Space, Moves into Textiles

Adams-Hartford Increases Show Space, Moves into Textiles

NEW YORK—Adams-Hartford is doubling the size of its showspace at 7 W New York here, and is launching a line of home textiles. The new space will be in room 527 of the showroom building; its previous space was in room C108. The textiles collection, which will be offered under the label of Diane Adams,More »

MMPI to Offer Special Handcrafted Products Areas at Chicago and California Shows

MMPI to Offer Special Handcrafted Products Areas at Chicago and California Shows

CHICAGO—The upcoming Chicago Market: Living and Giving and California Gift Show will include Beckman’s Handcrafted Shows, which will exhibit handcrafted and artisanal products. A fixture for more than 30 years, Beckman’s Handcrafted Shows are designed as shows within a show. At these two upcoming shows, the Beckman’s areas will spotlight vendors of hand-crafted apparel, jewelryMore »

Rizzy Celebrates Holidays by Giving Free Health Care in India

Rizzy Celebrates Holidays by Giving Free Health Care in India

GOPIGANJ, India—As part of the ongoing human services it provides in India, Rizzy Home recently sponsored a Mobility Health Fair for disabled people at its corporate headquarters here. More than 100 assisting devices such as crutches, hearing aids and wheelchairs were provided at no charge, and each person was evaluated by medical personnel and fittedMore »

Groupe SEB to Acquire Majority Interest in Imusa

Groupe SEB to Acquire Majority Interest in Imusa

ECULLY CEDEX, France—Global housewares giant Groupe SEB has acquired a majority interest in Imusa, the Colombian-based cookware company, following approval from Colombian competition authorities. Because Imusa is on the Bogota Stock Exchange, a delisting offer will be launched, according to a statement from Group SEB. Groupe SEB expects the transaction to be completed in FebruaryMore »

Jarden Acquires Quickie

Jarden Acquires Quickie

NEW YORK—Jarden Corp. has purchased Quickie Manufacturing Corp. in a deal that moves the consumer-products giant into the stick-goods market. Terms of the transaction were not disclosed in a statement from Centre Partners Management, Quickie’s previous owner. The company’s current management, led by President and Chief Executive Officer Michael Magerman, and employees will continue toMore »

Sixtrees Opens AmericasMart Showroom

Sixtrees Opens AmericasMart Showroom

ATLANTA–Frame manufacturer Sixtrees has opened a new showroom on the 17th floor of the Atlanta Merchandise Mart. The company also has permanent showrooms in New York and New Jersey. Sixtrees’ rapid growth in the home decor arena was the catalyst for the expansion, according to Elissa Zullo, vice president of merchandising and design.  “This will allowMore »

Sealy Opens Manufacturing in China

Sealy Opens Manufacturing in China

TRINITY, N.C.—Sealy has debuted its first production facility in China, located outside of Shanghai. Measuring 100,000 square feet, the new facility is operated through a joint venture called Sealy China, which consists of the parent company and Sealy Australia, a licensee. It will produce mattresses and foundations for Chinese consumers and for contract hospitality customersMore »