Furniture

Ethan Allen Q3 Net Jumps 20.2 Percent

Ethan Allen

DANBURY, Conn.-Ethan Allen Interiors overcame the effects of the severe winter weather to post a strong 20.2 percent gain in net income in its fiscal third quarter, to $5.3 million. Net sales rose 2.9 percent to $173.1 million in the quarter, which ended on March 31. Farooq Kathwari, Ethan Allen’s chairman and CEO, said theMore »

Ethan Allen Teams With Nicole Gibbons for Design on a Dime

Farooq Kathwari

DANBURY, Conn.–Ethan Allen Interiors has paired up with interior designer, blogger and TV personality Nicole Gibbons for the 10th anniversary edition of Housing Works’ Design on a Dime, April 24-26 in New York. True to her fashion roots, the Gibbons’ design is a  “Chic in Pink” living room fit for a fashionista which will featureMore »

Registration and Housing Open for Summer Las Vegas Market

Las Vegas Market

LAS VEGAS–Registration for the upcoming Summer Las Vegas Market, running Sunday, July 27 through Thursday, July 31, is now open at www.lasvegasmarket.com/register. Pre-registration ensures attendees will receive their badge in the mail before market. Hotel reservations also are available, with “early bird” discounts offered at four select partner hotels through April 23 and June 4More »

Millennial Home Buyers Subject of IFDA Event

Jill Waage

NEW YORK–The New York Chapter of the IFDA will host a presentation next week about Millennial home buyers. Called “Four Things to Understand About Millennial Home Buyers,” it will be given by Jill Waage, editorial director of home content, Better Homes & Gardens, who will discuss how the new millennial generation will reshape the homeMore »

La-Z-Boy to Restructure Casegoods to Import Model

La-Z-Boy

MONROE, Mich.–La-Z-Boy will restructure its casegoods business, which represents approximately 10 percent of its revenue, by transitioning to an all-import model for its wood furniture. During the second quarter of fiscal 2015, La-Z-Boy will discontinue casegoods production at its Hudson, N.C., facility.  That facility currently produces bedroom furniture collections for the Kincaid and American DrewMore »

Flexsteel Posts Q3 Profit, Sales Records

Flexstee

DUBUQUE, Iowa-Flexsteel Industries set new marks for net income and net sales in its third quarter ending on March 31. Net income totaled $4.4 million, up 41.8 percent from the third quarter of last year. Net sales in the quarter increased 12.4 percent to finish at $110.5 million. The company reported gains of 16 percentMore »

Hooker Q4, FY Net Drops

Hooker Furniture

MARTINSVILLE, Va.-Startup costs for two new businesses cut into Hooker Furniture’s bottom line for both the fourth quarter and the fiscal year. Fourth-quarter net income fell 45.9 percent to $2 million, bringing total net income for the fiscal year ending on Feb. 2 to $7.9 million, down 8.1 percent from the prior fiscal year. TheMore »

Gift Vendors Confirm New, Expanded Showrooms at Las Vegas Market

Las Vegas Market

LAS VEGAS–Las Vegas Market announced today that six leading suppliers of gift merchandise will open or expand showrooms for the upcoming Summer Market, July 27-31, further increasing the number of major industry suppliers presented in Las Vegas Market’s Building C. Newcomers Colonial Tin Works, Honey & Me and Thompson’s Candles are opening their first showrooms;More »