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Trendtable Meets for Heimtextil 2012

Trendtable Meets for Heimtextil 2012

FRANKFURT, Germany–Preparations for next January’s Heimtextil have officially begun with the recent meeting of the Heimtextil Trendtable. The Trendtable consists of seven design agencies, which met earlier this month. Marc Woodman, trend expert from Global Color Research USA, is the first U.S. designer to serve on the Trendtable. The results of the Trendtable and theMore »

Full Plate

Full Plate

By David Gill Thanks to the lifting of the recession, the market for upper-end table linens is no longer starving. The economic downturn brought a halt to spending on luxury table linens even by consumers in the higher-income demographic. Now, however, vendors say these shoppers are coming back to the table. Consumers are clearly atMore »

Birds of a Feather

Birds of a Feather

By David Gill Being on the same page is a huge advantage when two companies in the same business decide to merge. Pacific Coast Feather and United Feather & Down, whose merger became official just before last month’s New York Home Fashions Market, believe that they are not only on the same page. In termsMore »

Berkline Benchcraft to Liquidate

Berkline Benchcraft to Liquidate

MORRISTOWN, Tenn.­–Berkline BenchCraft Holdings this morning announced that, after fully exploring its strategic alternatives, it has determined that an orderly liquidation of substantially all of the company’s assets is the only viable course of action.  Berkline had been pursuing a “going concern” asset sale, but was unable to find a buyer and secure needed financingMore »

Family Dollar Boosts Second-Quarter Net 9.8 Percent

Family Dollar Boosts Second-Quarter Net 9.8 Percent

MATTHEWS, N.C.-Rising sales and higher operating margins fueled a 9.8 percent increase in Family Dollar’s second-quarter net income, to $123.2 million. Net sales jumped 8.3 percent to $2.3 billion, including a 5.1 percent pickup in same-store sales. Gross margin in the quarter, which ended on Feb. 26, rose 23 basis points to 35.7 percent. AlthoughMore »

Posturepedic Launch Brings First-Quarter Loss to Sealy

Posturepedic Launch Brings First-Quarter Loss to Sealy

TRINITY, N.C.-The rollout of the Next Generation Posturepedic line in late January was a key factor in Sealy’s $902,000 net loss in the first quarter. Larry Rogers, president and CEO, cited “significant strategic investments” in the new line, which represents a refreshment of about half of Sealy’s entire product portfolio, and which included a nationalMore »

Capel Rugs Names Cameron Capel Vice President-National Accounts

Capel Rugs Names Cameron Capel Vice President-National Accounts

TROY, N.C.-Cameron Capel has been promoted to the position of vice president-national accounts at Capel, where she will continue to manage some of the company’s most important customer relationships and spearhead the development of proprietary brands for those customers. Continuing to report directly to John Magee, president and CEO, Capel, who most recently held theMore »

High Point Market Authority Moving to Radio Building

High Point Market Authority Moving to Radio Building

HIGH POINT, N.C.–­The High Point Market Authority is moving into new offices following the April 2-7 Market. HPMA will occupy the seventh floor of the historic Radio Building, located at the corner of Main and Commerce Streets here. As of April 15, the HPMA’s new address will be 164 South Main Street, Suite 700, HighMore »