News

High Point Market Preview Twitter Chat Set for Sept. 17

High Point Market

HIGH POINT, N.C.–The High Point Market Authority (@hpmarketnews) and collaborative community Decor Mentor (@decormentor) are once again co-hosting a Twitter Chat on new products for the upcoming Fall market. The Chat is scheduled for Sept. 17, 6 p.m. The Fall High Point Market takes place on Oct. 18-23. High Point Market exhibitors are invited toMore »

Jaipur Ranks No. 3,338 on Inc. Magazine’s 500|5000 List

Jaipur

NEW YORK–Jaipur ranked number 3,338 on Inc. Magazine’s 500|5000 list, which annually tracks the nation’s fastest-growing private companies. Inc. Magazine lists Jaipur as having 3-year growth of 101 percent and 2013 revenue of $27.4 million for its 2014 list. “I am so thrilled to be on this year’s Inc. 5000 list as one of America’sMore »

Best Buy Q2 Net Drops 45.1 Percent

Best Buy Posts Q1 Loss

MINNEAPOLIS-Declines in both sales and gross margin were key factors as Best Buy’s second-quarter net income fell 45.1 percent to $146 million. Net sales in the quarter, which ended on Aug. 2, were down 4 percent to $8.9 billion, including a 2.7 percent falloff in same-store sales. Gross margin dropped 340 basis points as aMore »

Revman Teams with Teen Vogue on Bedding Line

Revman Teen Vogue

NEW YORK-Revman International and Teen Vogue magazine have partnered to create a licensed line of Teen Vogue-branded bed ensembles. Revman will unveil the spring 2015 bedding collection during next month’s New York Home Fashions Market. According to a joint statement from Revman and Teen Vogue, the line features designs “inspired by the most current fashionMore »

Lord Leaves Breville as CEO

Jack Lord

SYDNEY, Australia-Jack Lord, CEO of Breville, has left his post effective Aug. 21. Mervyn Cohen, the company’s chief financial officer, has been appointed interim CEO, and Breville has begun what a company statement termed “a global search” for Lord’s successor. Cohen will continue to fulfill his responsibilities as chief financial officer during the search period.More »

Harounian Rugs International returns to High Point

HRI Harounian Rugs International

NEW YORK–Harounian Rugs Intl. is returning to High Point Market and will debut its new showroom in the International Home Furnishings Center’s Green wing, G365. To celebrate, it will offer market specials, including free shipping promotions and sample discounts. “Last year we expanded our Las Vegas showroom and now with this great new location inMore »

Pride Family Brands Inks Deal for High Point Showroom

Pride Family Brands

FORT LAUDERDALE, Fla.–Pride Family Brands, a designer and manufacturer of cast aluminum casual furniture, has signed an agreement for showroom space at High Point Market and will open in time for the October event. The Pride Family showroom will be IHFC M105, on the first floor of the original Main Building of the IHFC campusMore »

Biarsky Named Generation Brands’ Regional Sales Manager

Gary Biarsky

SKOKIE, Ill.–Feiss, Monte Carlo Fans and Sea Gull Lighting—three brands under parent company Generation Brands—have appointed Gary Biarsky to the newly created position of central U.S. and western Canada regional sales manager. He reports to Greg Vandia, vice president of sales, Generation Brands and is based out of Dallas. In his new role, Biarsky isMore »