News

Sourcela to Open at L.A. Mart

Sourcela to Open at L.A. Mart

LOS ANGELES–The L.A. Mart Design Center will debut Sourcela, a section that will spotlight the southern California region’s artisans, on Nov. 15. Measuring more than 3,000 square feet, Sourcela will present limited-edition and new-to-market home furnishings, objects and art that are intended to show what’s new in California design. Matt Locke, an editor and expertMore »

WSL Survey: Shoppers Have Adopted “Cautious” Outlook

Shoppers

NEW YORK–Consumers responding to a survey conducted by WSL Strategic Retail indicated that they are returning to spending—but with a wary mindset. The concerns are evident from the participants’ answers to key questions about the economy. According to WSL’s annual How America Shops: The Pulse of Shopping Life study, 37 percent of the participants saidMore »

Gershon Joins Artland

Gershon Joins Artland

DAYTON, N.J.–Gregg Gershon has joined tabletop company Artland as vice president of sales, a position that had been vacant for several years. Gershon, a former Hampton Forge executive, reports to Bill Flaherty, executive vice president. “I am very excited about joining Artland and being able to help expand our business,” Gershon said. “We have anMore »

Hubbardton Forge Receives Design Awards

Hubbardton Forge Receives Design Awards

CASTLETON, Vt.–Lighting company Hubbardton Forge has received two Pinnacle Awards this year from the American Society of Furniture Designers, announced at the recent High Point Market. Hubbardton Forge’s Ondrian design received the competition’s first Green Leaf Design Award for Eco-Friendly Design, while its Antasia design received the Pinnacle Award for Design Achievement in Lighting. “ToMore »

Groupe SEB Realigns All-Clad, Krups Sales and Marketing

Groupe SEB Realigns All-Clad, Krups Sales and Marketing

WEST ORANGE, N.J.–Groupe SEB has reconfigured the sales and marketing functions for its All-Clad and Krups brands. Krups’ sales and marketing will move here from the Groupe SEB offices in Canonsburg, Pa., and will be more closely aligned with the Rowenta brand. Responsibility for Krups’ sales and marketing will fall under Greg Cairo, president ofMore »

Leggett & Platt Net Falls 13 Percent in Q3

Leggett & Platt Net Falls 13 Percent in Q3

CARTHAGE, Mo.–Leggett & Platt’s bottom line lost a few shades of black in its third quarter, dropping 13 percent to $47.4 million. The reduced net income came about largely because of a 366 basis-point fall in gross margin, to 19.5 percent, which occurred due to higher costs for raw materials. Selling and administrative expenses alsoMore »

Licensing Gallery to Return to Gift Fair

Licensing Gallery to Return to Gift Fair

WHITE PLAINS, N.Y.–The Licensing Gallery will return to the New York International Gift Fair for three days during the winter Gift Fair, from Jan. 29 through Jan. 31, 2011. The gallery is a business-to-business forum offering manufacturers of home products an opportunity to view art and design from a select group of exhibitors at Surtex,More »

Select Comfort Net Expands 52 Percent in Q3

Select Comfort Net Expands 52 Percent in Q3

MINNEAPOLIS–Net income for Select Comfort rose 52 percent in the third quarter ended Oct. 2, 2010, totaling $10.5 million and marking the seventh consecutive quarter of bottom-line improvement. The mattress manufacturer/retailer posted this increase based on a 9 percent gain in net sales, which reached $160.1 million and which included a 16 percent increase inMore »