Business News

• IDS members win ViewIt design contest

  Gary Evans, November 21, 2008
  TORONTO — Diane Dean took first place and fellow designer Rhonda Hull came in second in ViewIt Technologies' 3Dream Speed Design contest, the company said.  More

• Sears Canada sees gain in sales, earnings

  Furniture Today Staff, November 21, 2008
  TORONTO — Sears Canada reported a slight gain in revenues and a 47.4% jump in earnings, excluding unusual items, in the 13-week fiscal third quarter ended Nov. 1.  More

• UPDATE: DL&S Inds. partner Selig Drezner dies

  Furniture Today Staff, November 21, 2008
  HIGH POINT — Selig Drezner, an industry veteran and partner in upholstery producer DL&S Inds., has died. He was 85.  More

• Shifman Mattress expands Newark facilities

  David Perry, November 21, 2008
  NEWARK, N.J. — High-end bedding producer Shifman Mattress has completed a 24,000-square-foot expansion of its facilities here.  More

• Chinese furniture maker Markor eyes U.S. acquisitions

  Furniture Today Staff, November 20, 2008
  BEIJING, China — Chinese case goods manufacturer Markor International Furniture is looking for acquisition opportunities in the United States.  More

• E.J. Victor to make Ralph Lauren Home furniture

  Carole Sloan, November 20, 2008
  NEW YORK — Manufacturer E.J. Victor has signed an exclusive license agreement to produce case goods and upholstery under the Ralph Lauren Home brand.  More

• Natuzzi sales rise in third quarter, but so does loss

  Larry Thomas, November 20, 2008
  SANTERAMO IN COLLE, Italy — Upholstery major Natuzzi said its third-quarter sales were slightly ahead of last year's third quarter, but the company's net loss widened due to unfavorable currency exchange rates and high operating costs.  More

• Longtime furniture sales rep Ralph Deutsch dies

  Furniture Today Staff, November 20, 2008
  ASHEBORO, N.C. — Ralph Louis Deutsch Jr., a longtime sales representative who won several industry honors, has died. He was 78.  More

• Bob Lemons to retire from Kincaid Furniture

  Furniture Today Staff, November 20, 2008
  HUDSON, N.C. — Industry veteran Bob Lemons will retire from his position as case goods and upholstery supplier Kincaid Furniture's senior vice president of sales and marketing in early December.  More

• Jennifer Convertibles stock fall sharply

  Clint Engel, November 19, 2008
  WOODBURY, N.Y. — Furniture retailer Jennifer Convertibles' stock was trading down more than 50% this morning, touching a low of 11 cents per share on heavy volume, but at midday had recovered to 20 cents.  More

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