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Herman Miller to buy Connecticut high-end modern furniture retailer
2014-07-18 05:22:58| Furniture - Topix.net
The Zeeland-based office furniture maker will buy an 84 percent stake in Design Within Reach Inc. for about $154 million in cash, subject to adjustment for net debt, changes in working capital and other post-closing items.
Tags: buy
modern
furniture
miller
Stanley Furniture reports $19.1M loss; Former Tri-Distributors...
2014-07-16 15:10:45| Furniture - Topix.net
Stanley Furniture Industries Inc. reported a $19.1 million loss in the second quarter, the Winston-Salem Journal reports .
Tags: reports
loss
furniture
stanley
Furniture Brands' bankruptcy plan approved
2014-07-15 20:16:41| Furniture - Topix.net
Nearly all of the people and businesses that were owed money by the former Furniture Brands International voted in favor of the company's final liquidation plan, which received approval Monday by a U.S. Bankruptcy Court judge.
Tags: plan
approved
brands
furniture
Rising Chinese imports threaten 25 lakh jobs in domestic furniture industry: Study
2014-07-15 12:07:33| Furniture - Topix.net
With $447 million worth annual furniture imports into India, China accounts for 53 per cent of India's total furniture imports worth over $736 million thereby giving severe competition to the domestic industry, according to a just-concluded ASSOCHAM study.
Tags: jobs
study
industry
chinese
Stanley Furniture Announces Second Quarter 2014 Operating Results
2014-07-15 10:07:46| Furniture - Topix.net
Financial results for the second quarter include: Gross profit, excluding restructuring related charges, was 10.5% of net sales compared to 9.0% in the prior year second quarter.
Tags: results
operating
furniture
quarter
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