Sherwin-Williams reports record $17.9 billion in 2019 sales
CLEVELAND, Ohio – Paint and coatings specialist Sherwin –Williams reported record consolidated net sales of $17.9 billion for 2019, up 2.1% from $17.54 billion from 2018. Net income for the year...
View ArticleU.S. raises travel advisory to China to ‘Do Not Travel’
HIGH POINT — As the number of illnesses associated with the novel coronavirus in and outside China continues to grow, the U.S. Department of State has elevated its travel advisory to China to “Do Not...
View ArticleRiverside Furniture opens Virginia distribution facility
RIDGEWAY, Va. – Case goods importer Riverside Furniture has opened a distribution center here that is expected to help reduce shipment times significantly as part of the company’s efforts to better...
View ArticleMalaysia International Furniture Fair remains on schedule despite health scare
KUALA LUMPUR, Malaysia — Organizers of the Malaysian International Furniture Fair being held here from March 6-9 said they have no plans to delay or cancel the show due to rising fears over the...
View ArticleVietnam, U.S. airlines suspend all flights to China, other parts of Asia
HO CHI MINH CITY, Vietnam – Major U.S. and Vietnamese airlines have suspended all flights to China in response to the growing concerns over the novel coronavirus affecting not only China, but other...
View ArticleBlog: Coronavirus outbreak highlights ongoing global sourcing uncertainty
The recent outbreak of coronavirus in Wuhan, China, which continues to spread even as you read this, was the only cloud marring the otherwise sunny disposition of attendees at last week’s Las Vegas...
View ArticleMesse Frankfurt postpones textile shows in China due to coronavirus
SHANGHAI – Messe Frankfurt has announced it is postponing three fairs in Shanghai in March due to concerns over the novel coronavirus outbreak in China. The three shows include Intertextile Shanghai...
View ArticleExport Furniture Exhibition remains on schedule despite coronavirus concerns
KUALA LUMPUR, Malaysia – Organizers of the Export Furniture Exhibition being held here in early March say they have no plans to cancel or reschedule the show despite growing health concerns over the...
View ArticleAnalyst: Bedding industry ‘looking to address’ surging Vietnam mattress imports
ATLANTA – The bedding industry is “looking to address” mattress imports from Vietnam, an analyst says. Keith Hughes of SunTrust Robinson Humphrey made that comment in a recent report on trends in the...
View ArticleDepartment of Commerce reviews uncovered innerspring unit shipments
WASHINGTON – The U.S. Department of Commerce is conducting an annual administrative review for Chinese shipments of uncovered innerspring units to the U.S. market. As part of this review, the...
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Hooker names O’Hare senior VP merchandising and design for case goods
Tim O’Hare MARTINSVILLE, Va. – Hooker Furniture Corp. has hired Tim O’Hare as senior vice president, merchandising and design for Hooker case goods. He comes to the company from Caracole, where he was...
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Pier 1 recalls 6,300 swivel desk chairs
The Brennan desk chair is shown in a natural fabric, one of three color variations affected by the recall. FORT WORTH, Texas – Pier 1 Imports has recalled 6,300 swivel desk chairs including 300 sold in...
View ArticleCPSC announces recall of 165,000 inclined sleeper units
WASHINGTON – The U.S. Consumer Product Safety Commission has announced the recall of more than 165,000 inclined sleepers by four companies responding to infant suffocation deaths associated with other...
View ArticleHS MetalWorks expands production capacity at Arkansas plant
FORT SMITH, Ark. – HS Manufacturing LLC, a wholly owned subsidiary of Hickory Springs Manufacturing Co., is shifting some of its production capacity to its HS MetalWorks facility here to grow its...
View ArticleChina tariff exclusions include upholstered seating
WASHINGTON – A number of furniture categories, including upholstered seating and furniture made of high-pressure laminated bamboo would be excluded from China tariffs, at least temporarily according to...
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Industry on hold: As coronavirus spreads, vendors and retailers face supply...
https://www.furnituretoday.com/wp-content/uploads/2020/02/coronavirus_video.mp4 HIGH POINT — The coronavirus outbreak in China is having a big ripple effect for manufacturers not only in China, but...
View ArticleCoronavirus to impact container imports
WASHINGTON – With coronavirus causing longer Lunar New Year shutdowns of factories in China, imports at major U.S. retail container ports are expected to see a sharper-than-usual drop this month,...
View ArticleSourcing opportunities in Far East
HIGH POINT — In the second half of 2018 and most of 2019, much of the industry’s focus was not only on shifting product from China to Vietnam, but also on how to manage that transition from a quality,...
View ArticlePressure building: Are higher MOQs at Vietnam factories forcing importers to...
HIGH POINT — The tight labor market in Vietnam caused by competition for workers is creating a relatively new wrinkle for importers sourcing product in factories: the need to place larger cuttings to...
View ArticleNew tariff list brings more questions
HIGH POINT — The latest round of exclusions from 25% tariffs on Chinese-made goods, which included very narrow exclusions for upholstered seating and furniture made of metal and high-pressure laminated...
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