News

Sterling Ruffin Collett III, 56

Sterling Collett

MORGANTON, N.C.–Sterling Ruffin Collett III, former vice president of Drexel Heritage Furnishings, died on April 2 after a two-year battle with cancer. He was 56 years old. After receiving his BS in Economics from the University of North Carolina at Chapel Hill, Collett worked in the furniture industry like his father and uncle before him.More »

Bassett to Expand Motion Offerings, Hires Dobkins

Kent Dobkins

BASSETT, Va.–Bassett Furniture said it will push forward in the motion upholstery category with the company’s new Bassett Motion Xpress program, debuting at the High Point Market, April 5-10. The program features eight new styles, each with multiple cover options. Bassett has produced selected items in the motion category for a number of years, butMore »

Imax to Celebrate Anniversary in High Point

IMAX

TULSA, Okla.–Imax Corporation is celebrating 30 years of business this year, and will host a party with cake and champagne this Saturday, April 5, at High Point Market. The festivities will begin at 3 p.m. with a champagne toast in its IHFC showroom, W446, and run until 5 p.m. Founded by Al and Faye Bulak,More »

Surya Offers Choice in Rewards Program

Surya Rewards

CALHOUN, Ga.–Surya has launched an enhanced version of its Surya Rewards customer loyalty program that gives customers a choice in how they wish to be rewarded. The expanded program builds upon the company’s existing rewards program, which provides customers with free Surya samples and displays, product discounts and other benefits as they reach key salesMore »

Invista to Unveil New Dacron Brand ID

Invista

KENNESAW, Ga.-Invista will launch a new brand identity and an enhanced website for its Dacron brand of fiberfill at International Pillow Fight Day, which will take place tomorrow at Washington Square Park in New York City. The new identity, which includes the tag “The Dacron Difference,” was developed after a year of consumer research conductedMore »

BrandSource to Host Women-in-Business Events

Brand Source

TUSTIN, Calif.-BrandSource, the member-owned retailer merchandising group, will host BrandSource Women in Business events at its bi-annual conventions, which will give women in the home furnishings, appliance and electronics industries an ongoing platform to network, socialize, discuss important issues and share experiences. These gatherings will be held on a twice-a-year basis, in March and August,More »

Badovinus Named CEO of Nambé

Wayne Badovinus

SANTA FE, N.M.–Nambé has appointed board member Wayne Badovinus president and CEO. Badovinus succeeds Bob Varakian, who left the company in January. Badovinus was the first CEO at Design Within Reach. He oversaw the modern design retailer for six years. He is also the former president and COO of Williams-Sonoma and former president and CEOMore »

Hudson’s Bay Q4 Net Falls 66.5 Percent

Hudson’s Bay

TORONTO-Increased costs, especially those stemming from its acquisition of Saks, hurt Hudson’s Bay Co.’s bottom line for both the fourth quarter and fiscal year. Net income for the quarter finished at C$29.1 million ($27.2 million, according to the average exchange rate for the quarter), down 66.5 percent from last year’s fourth quarter. The retailer postedMore »