BASSETT, Va.-Bassett Furniture Industries, Inc., announced today the completion of the sale of its interest in the International Home Furnishing Center in High Point, N.C. Bassett sold the market showroom building for $275 million, plus the assumption of debt of $100 million to the acquirer, a newly formed company International Market Centers, which was identified … More »
NEW YORK–HFN is preparing its coverage of June’s Dallas International Lighting Market. Exhibitors are invited to submit information and high-resolution images of products that they plan to highlight this market for possible inclusion. Please send your submissions for lighting and home decor products to Andrea Lillo (firstname.lastname@example.org) by Monday, May 16.
CLEVELAND-Kichler Lighting has purchased Teron Lighting Inc., a privately owned manufacturer of commercial lighting products headquartered in Fairfield, Ohio. “The acquisition of TLI allows us to take advantage of their core strengths, enabling us to better serve the commercial segment,” said Tony Davidson, CEO and president, Kichler Lighting. “As a family-owned company, Kichler is proud … More »
CLEVELAND–Kichler Lighting has named Eric Borden national sales manager. With 33 years of sales, marketing and product development experience in the lighting industry, Borden will be responsible for the leadership, planning and execution of all sales strategies and programs related to Kichler’s dealer channel. He reports to David Pamer, Kichler’s vice president of sales. Most … More »
LAS VEGAS—Registration for the upcoming Summer 2011 Las Vegas Market Aug. 1-5 is now open, including Quick Reg, which allows returning attendees to register with just one click. Quick Reg allows retailers, designers, media and industry professionals planning to attend Summer 2011 Las Vegas Market to plan in advance and register online in order to … More »
NEW YORK–Hearst Magazines and HGTV are partnering to test a new magazine this fall, called HGTV Magazine. Sara Peterson, the former editor of Coastal Living, is the editor-in-chief of the new publication, which will cover the themes covered on the home and gardening cable channel, as well as go beyond what is featured on the … More »
HIGH POINT, N.C.–With the start of High Point Market this past weekend, manufacturers launched a number of new licenses and other programs to retailers. The Dick Idol collection launched at Crestview in lighting, wall decor, accessories and accent pieces. Before, these categories were split among manufacturers but now “we get to merchandise the category together,” … More »
HIGH POINT, N.C.–The High Point Market opens today, with the newest wave of furniture, lighting, rugs and home decor products unveiled to the industry. New collections include Lexington Home Brands’ Henry Link Trading Co., a brand that has global influences and uses such materials as specialty veneers, marble, penn shell, embossed leather, aged metal, bamboo, … More »