News

Leggett & Platt Net Falls 11 Percent in Q4

Leggett & Platt Net Falls 11 Percent in Q4

CARTHAGE, Mo.–Fourth quarter net income for Leggett & Platt dropped 11 percent to $31.4 million, as higher raw-materials cost offset a pickup in net sales. The materials costs resulted in a decrease of 447 basis points in gross margin, which finished the quarter (ending on Dec. 31, 2010) at 17.6 percent. Net sales increased 4More »

ASID Selects “Top Picks” at Gift Fair

ASID Selects “Top Picks” at Gift Fair

NEW YORK–The American Society of Interior Designers (ASID) has honored seven exhibitors at the New York International Gift Fair with its “Top Picks” for 2011. According to a joint statement from ASID and the Gift Fair, the winner for imaginative product presentation is Luna Bella. For innovative product design, The Groundwork Group was given theMore »

World Market Center Las Vegas Recognizes Gift+Home Exhibitors for Visual Merchandising

World Market Center Las Vegas Recognizes Gift+Home Exhibitors for Visual Merchandising

LAS VEGAS–Three gift and home decor temporary exhibitors were recognized for Outstanding Achievement in Visual Merchandising at Gift+Home at the recent Las Vegas Market. This was the first-of-its kind awards presentation for the fast-growing gift sector at World Market Center Las Vegas. Lynne’s Whim of Swampscott, Mass., Rustic Ironwerks of Chino Valley, Ariz., and TheMore »

High Point Design Center Seminar Slated

High Point Design Center Seminar Slated

HIGH POINT, N.C.–High Point Design Center is hosting Unity in Design, a three-day event during which more than 50 designer-friendly showrooms will open for business. The event, scheduled for Feb. 9 to 11, offers seminars, a factory tour, a career symposium and the Second-Annual Design Professionals of North Carolina Trade Show. The seminar schedule includesMore »

Capel Rugs Gives Away Kindle E-Readers at Las Vegas Rug Market

Capel Rugs Gives Away Kindle E-Readers at Las Vegas Rug Market

LAS VEGAS–Three lucky Capel customers won Amazon Kindle e-readers during last month’s Las Vegas Market: Kristin Rocke of K. Rocke Designs; Kate Finnesy of Commercial Home Furnishings; and Karen Willman-Jung of Northwoods Furniture Gallery. Capel had invited customers who visited its Las Vegas showroom to enter to win a Kindle during the first three daysMore »

Oral-B, Crest Start Oral-Health “Crusade”

Oral-B, Crest Start Oral-Health “Crusade”

CINCINNATI–Oral-B and Crest have begun what a statement from the two brands described as a “cross-country crusade” to educate people on how they can improve their oral health. The initiative from the two Procter & Gamble brands, titled “4X Cleaner Crusade,” will spotlight how the use of the Oral-B electric toothbrush and Crest toothpaste canMore »

Snowy January Crimps Same-Store Sales

Snowy January Crimps Same-Store Sales

NEW YORK—The winter storms that hit the Northeast and the Southeast dampened last month same-store sales numbers for major U.S. retailers. While J.C. Penney posted the only decline among the chains tracked by HFN (off 1.2 percent), almost all of the other retailers struggled with same-store gains in the very low single digits. In theMore »

World Market Center on Rumors: We Remain Focused

World Market Center on Rumors: We Remain Focused

LAS VEGAS–The World Market Center has responded to numerous reports that it is planning to merge with High Point’s three largest showrooms. “We are aware of the various rumors and speculation,” the World Market Center said in a statement. “However, we remain focused on running our business and maintaining momentum from our January Market, whereMore »