News

Ackman, Roth Named to J.C. Penney Board

Bill Ackman

PLANO, Texas–William Ackman, founder and chief executive officer of Pershing Square Capital Management, and Steven Roth, chairman of Vornado Realty Trust, have been appointed to the J.C. Penney board of directors. A J.C. Penney statement said Pershing Square (described in press reports as an “activist” investment firm) and Vornado are among the retailer’s largest shareholders.More »

Bidders Line Up for Brunschwig & Fils

Bidders Line Up for Brunschwig & Fils

NEW YORK–Brunschwig & Fils, the home-furnishings vendor that is in Chapter 11 bankruptcy, said a number of companies are set to bid when the auction for the 110-year-old firm takes place in March. Last month, Benjamin Capital Advisors, which is acting as “chief restructuring officer” in Brunschwig & Fils’ Chapter 11 case, said several investorsMore »

Lexington to Launch Henry Link Trading Co.

Lexington to Launch Henry Link Trading Co.

LAS VEGAS–Lexington Home Brands is introducing Henry Link Trading Co., a brand designed to “capture the excitement of traveling the globe, embody the spirit of discovery in all of us, and put a punctuation mark on the style and sophistication of any room,” according to the company. The collection will have a traditional component, butMore »

Pantone Announces Fall Fashion Color Report

Pantone Announces Fall Fashion Color Report

CARLSTADT, N.J. — Color authority Pantone has unveiled its Pantone Fashion Color Report Fall 2011, which includes the upcoming top 10 colors for women’s fashion. Released to coincide with this week’s Fashion Week in New York, the report is available for free download at pantone.com/fall2011, and includes designer sketches, quotes and head shots. Pantone’s topMore »

Buyers Brave Winter Storms at Gift & Home Textiles Market Week

Buyers Brave Winter Storms at Gift & Home Textiles Market Week

NEW YORK–In spite of a wicked snowstorm that struck this area last week, the 7 W New York showroom building said the Gift & Home Textiles Market Week was “an upbeat and productive market” in terms of buyer attendance and business in its showrooms. Chris Collins, the building’s vice president and general manager, said theMore »

Home Furnishings Industry Conference Adds Partners

Home Furnishings Industry Conference Adds Partners

ROSEVILLE, Calif.–WHFA and NHFA, along with their affiliates, have announced four new industry partners for the 2011 Home Furnishings Industry Conference (HFIC) scheduled for April 30–May 2 at the Westin River Walk in San Antonio, Tex. Aspenhome, FurnitureDealer.net, MicroD and Serta have aligned themselves with this first-of-its-kind industry event that will bring together different knowledge,More »

Dally Named GMM for Hardlines at Lowe’s

Dally Named GMM for Hardlines at Lowe’s

MOORESVILLE, N.C.–Troy Dally, vice president of merchandising for millwork at Lowe’s, has been promoted to senior vice president and general manager-hardlines/building products. Dally assumes responsibility over the merchandising of all product categories under the hardlines and building-products segments. He reports to Bob Gfeller, executive vice president of merchandising, whom he has succeeded in his newMore »