Furniture

High Point Market Shows Upswing in New Buying Groups

High Point Market Shows Upswing in New Buying Groups

HIGH POINT, N.C.–The upbeat buzz from the recent High Point Market left exhibitors and buyers with the feeling that things may be turning around, according to the High Point Market Authority. The total attendance numbers from last month’s Market were 71,416, and there were good signs within those figures that accounted for the positive moodMore »

Furniture Brands Cuts Loss in Third Quarter

Furniture Brands Cuts Loss in Third Quarter

ST. LOUIS—Furniture Brands International reported a drastically reduced third-quarter loss of $2.1 million, down from the $23.5 million net loss from the 2009 third quarter. Improvements in the furniture manufacturer’s expense structure helped its bottom line in the quarter. Selling, general and administrative expenses were reduced by 21 percent, while interest expense dropped 23 percent.More »

Stanley Furniture Narrows Net Loss in Third Quarter

Stanley Furniture Narrows Net Loss in Third Quarter

STANLEYTOWN, Va.—Stanley Furniture reported a net loss for its third quarter of $4.9 million, compared to a net loss of $5.1 million for the third quarter of 2009. The company was able to reduce its loss through expense controls. Selling, general and administrative expenses were slimmed by 16.3 percent, while cost of sales were downMore »

AHFA Slates Third Annual Sustainability Summit

AHFA Slates Third Annual Sustainability Summit

HIGH POINT, N.C. –“Weaving Sustainability into the Corporate Fabric: Competing in the Global Marketplace,” is the theme for this year’s All-Industry Sustainability Summit slated for Dec. 1-2 at the Hilton Asheville Biltmore Park in Asheville, N.C. The Summit will bring together a cross section of decision makers and thought leaders from manufacturing, retail and supplierMore »

Kasen, Shea Named to Gordmans Board

Kasen, Shea Named to Gordmans Board

OMAHA, Neb.—Stewart Kasen and James A. Shea have been appointed to the board of directors of Gordmans Stores. Kasen is the retired president and chief executive officer of S&K Famous Brands, a chain of menswear stores. He has also served as CEO of retailers Thalhimers, Emporium-Capwell, Best Products, Factory Card Outlet and Schwarzschilds. Shea recentlyMore »

Kies Named CFO of Perfect Fit

Kies Named CFO of Perfect Fit

CHARLOTTE, N.C.—Perfect Fit has appointed Jeff Kies chief financial officer, succeeding David Kennedy, who has left the company to pursue other interests. Kies is responsible for managing the company’s finances along with financial planning, record-keeping and financial reporting. He reports directly to Dan Hammer, president and chief executive officer. Kies’ background includes finance-related positions withMore »

The Feiss Family Returns

The Feiss Family Returns

By Andrea Lillo Murray Feiss—the man—has returned to the lighting industry. After several years off, the founder of lighting company Murray Feiss is set to debut his new lighting venture, Authenticity, with his sons-in-law Ron Hersh and Robert Greene. They enjoyed their time off, Feiss said, and while coming back into the category was actuallyMore »