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Furniture Insights: Dec. orders rise 27%

February 28, 2021 admin

HIGH POINT – New orders for furniture continued a streak of significant double-digit increases into their seventh straight month in December, rising 27% from December

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News

Ingka Centres enters the Indian market

February 28, 2021 admin

Ingka Centres, part of the Ingka Group, which also includes IKEA Retail and Ingka Investments, has taken its first step to expand into India with

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The largest IKEA construction in the world has officially finished in the Philippines

February 28, 2021 admin

Ingka had announced in 2018 that it was building its first store in the Philippines. The project is located in SM Mall of Asia and

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Wayfair sales come up short, but the retailer says demand for home goods online is strong

February 27, 2021 admin

Wayfair on Thursday reported quarterly sales that fell short of analysts’ expectations. Though the online furniture retailer gained more customers during the period, they bought

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News

Haworth closes furniture plant

February 26, 2021 admin

On Feb. 25, Office furniture-maker Haworth has closed its longtime seating manufacturing facility in High Point. Julie Smith, spokeswoman for the Holland, Michigan-based company, said

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Lowe’s reports fourth quarter 2020 sales and earnings results

February 26, 2021 admin

Lowe’s Companies, Inc. yesterday reported net earnings of $978 million and diluted earnings per share (EPS) of $1.32 for the quarter ended January 29, 2021

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DESIGN TREND, GLOBAL TRADE, FULL SUPPLY CHAIN. ALL IN CIFF

February 26, 2021 admin

We have reached the 47th edition of CIFF and, above all, the third edition confirmed since the start of the global pandemic: CIFF can boast that

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News

Furniture startup Burrow raises $25M

February 25, 2021 admin

Burrow, a startup that first launched with a modular sofa, eventually aims to sell you furniture for every room in your home. Today, it’s announcing

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News

Casper reports fourth quarter 2020 results

February 25, 2021 admin

Casper Sleep Inc. (“Casper” or the “Company”) yesterday announced financial results for the quarter ended December 31, 2020 (the “fourth quarter 2020” or “fourth quarter”)

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AkzoNobel passes halfway point in buyback initiative

February 25, 2021 admin

COPENHAGEN – Paint and wood coatings specialist AkzoNobel said it has repurchased another 224,400 of its common shares from Feb. 15-19 as part of an

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  • Furniture Insights: Dec. orders rise 27%
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  • The largest IKEA construction in the world has officially finished in the Philippines
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