Chinese mattress imports fall to share of less than 1% in September
ST. PETERSBURG, Fla. — Chinese mattress imports were down again in September, falling to a market share of less than 1%, industry reports say. Raymond James, which follows the import figures closely,...
View ArticleIndonesia mattress imports grab 25% share in September
ATLANTA — Mattress imports from Indonesia have grown rapidly in recent months and commanded about a 25% share of the mattress import market in September, an industry report says. Vietnam was the No. 1...
View ArticleAkzoNobel breaks ground on $55M expansion of High Point wood coatings facilities
HIGH POINT – In a project that economic development officials say will be among the largest one-time capital investments here in the past five years, wood coatings specialist AkzoNobel broke ground...
View ArticleBlog: Telling consumers about domestic advantages is a selling point worth...
As the furniture industry continues to navigate the realm of global sourcing, many of the most obvious source countries are in the Eastern hemisphere, where a worker’s monthly wages might equal what a...
View ArticleUSTR office rolling out decisions on tariff exclusions
WASHINGTON — Several furniture companies have been denied exclusions for products covered under the $200 billion on Chinese products affected by 25% tariffs. In the denials, the U.S. Trade...
View ArticleITC finds U.S. mattress industry injured by Chinese imports
WASHINGTON — The U.S. International Trade Commission today unanimously found that the U.S. mattress industry has been materially injured by imports of mattresses from China. The vote was 4-0, the...
View ArticleInaugural Malaysian Wood Expo exceeds expectations
KUALA LUMPUR, Malaysia – The inaugural Malaysian Wood Exhibition held here earlier this month drew 3,000 visitors who came to see a variety of woods used in furniture, flooring and other household...
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Brazilian manufacturer Herval opens 1st U.S. warehouse
MIAMI, Fla. – Grupo Herval, one of Brazil’s largest furniture makers, has opened its first U.S. warehouse here to handle U.S. distribution of its premium Uultis Design brand of dining and occasional...
View ArticleVanguard’s wood facilities fuels its domestic, import edge
CONOVER, N.C. — Vanguard Furniture’s wood production facilities here are helping the company stay competitive as both a domestic producer and importer. Through this blended strategy, the company...
View ArticleNatuzzi revenue off 3.7% in Q3
SANTERAMO IN COLLE, Italy – Tariffs on Chinese goods and an ongoing focus on directly operated stores that reduced wholesale revenue contributed to a 3.7% third-quarter revenue decline at Italian...
View ArticleHooker Furniture reports decline in Q3 sales, net income
MARTINSVILLE, Va. – Hooker Furniture Corp. reported a 7.8% decrease in net sales and a 58% decline in net income for its fiscal third quarter, resulting largely from the loss of a single major customer...
View ArticleMattress imports edge up 1% in October, China maintains 1% share
ST. PETERSBURG, Fla. – Mattress imports edged up 1% in October, an industry report said. Growth in countries outside of China has been strong and has offset the steep declines seen in Chinese mattress...
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Meble Polska moves date up to February
POZNAN, Poland – Meble Polska 2020, Eastern Europe’s largest home furnishings trade show, is set for Feb. 25-28 here. Traditionally held in March, Meble Polska switched to February dates in order to...
View ArticleImax Worldwide Home launches collection with Stacy Garcia
TULSA, Okla. – Home accessory specialist Imax Worldwide Home is launching a partnership with designer and trend forecaster Stacy Garcia that will debut at the Jan. 8-14 Dallas Total Home and Gift...
View ArticleVietnam boosts mattress import market share to 35% in October
ST. PETERSBURG, Fla. – Vietnam was the top mattress importer in October, with 266,765 units, good for a 35% share of the market, up seven percentage points from September, an industry report says....
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Sullens named SVP merchandising at Legacy Classic, LC Kids
Scott Sullens HIGH POINT – Scott Sullens has been promoted to senior vice president, merchandising at Legacy Classic and Legacy Classic Kids. He has been with the company since 2015 as vice president,...
View ArticleReports: Trade deal could roll back some tariffs on $360 billion in...
WASHINGTON D.C. – According to news reports, the Trump administration is agreeing to a limited trade deal with China that could roll back some tariffs and cancel nearly $160 billion in new tariffs. The...
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Hall joins Sherrill as VP of merchandising, case goods
Cindy Hall HICKORY, N.C. – Industry veteran Cindy Hall has joined The Sherrill Furniture Companies as vice president of merchandising for case goods. This role was previously held by Jeff Behmer, who...
View ArticleS.C. Ports win JOC productivity award
CHARLESTON, S.C. – The South Carolina Ports Authority has been honored for the Port of Charleston’s performance and overall productivity. The Journal of Commerce ranked the Port of Charleston No. 1 for...
View ArticleManufacturing, style capability have Skyline directing more of its sourcing...
CHICAGO — Skyline Furniture is looking to Poland as a mainstay of its international sourcing to support and complement its own domestic manufacturing operation. In addition to manufacturing...
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