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Financial, Retail
6/30/2022
RH has tempered its 2022 fiscal year expectations due to deteriorating macro-economic environment resulting in lower than expected demand.
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Financial, Retail
6/30/2022
Basset Furniture reports all-time record sales and profitability performance for its corporate retail organization but cautions that weakening consumer demand for goods and a backlog of orders are concerns.
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Show News & Business
6/29/2022
Feizy among the winners of Dallas Market Center's Best Visual Presentation Awards from its Total Home & Gift Market held from June 22-28, 2022.
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Chicago, Show Recap
6/29/2022
West Elm + Shaw Contract take home gold; Haworth & GAN collaboration wins silver in area rug category; Mohawk sweeps broadloom and modular carpet categories, while Mannington and Delos launch rug firsts.
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Retail
6/28/2022
More than 5,000 Ethan Allen associates celebrated the company’s 90 Years of Innovation on Thursday, June 23 — a day now declared by the State of Vermont as “Ethan Allen Day.”
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International, Show News & Business
6/28/2022
Domotex introduces new features at the January 2023 event, including handmade and machine-made rugs to be shown in Halls 2-6; and return of Carpet Design Awards.
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Business
6/27/2022
The iconic fashion brand extends into the furniture market to offer chic and effortless style at home.
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International, Show News & Business
6/27/2022
Heimtextil reports successful one-time summer show; announces annual winter event will take place from January 10 to 13, 2023.
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Designers, Handmade
6/23/2022
Jan Kath revives the war rug with the new pop art influenced Rug Bombs collection, and RugNews.com gets behind the scene with the artist and area rug designer.
RugNews.com Editors
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Las Vegas, Show News & Business
6/17/2022
Las Vegas Market offers a live exploration of top trending product at its Summer 2022 Market through six West Coast design and retail tastemakers.
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Retail
6/16/2022
Swedish home furnishings giant IKEA plans to put its Russian factories up for sale and cut its workforce due to Russia's invasion of the Ukraine.
RugNews.com Editors
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Retail
6/16/2022
At Home, a home decor superstore concept, opened its 250th store in Amherst, New York.
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Retail
6/16/2022
American consumers trimmed spending in May compared with the month before.
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Area Rugs, Product
6/15/2022
Area rug manufacturer Feizy rolls out its latest area rug catalog for 2022/2023, which showcases its Fine and Lifestyle collections across 600+ pages.
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International, Show Recap
6/15/2022
European area rug brands flocked to Milan Design Week -- and the anchoring Salone home furnishings fair, which returns to its pre-pandemic size -- and exhibitors showcased their latest avant-garde designs.
Carol Tisch
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International, Show Recap
6/14/2022
Design brand Moooi created an immersive exhibition, Life Extraordinary, for Milan Design Week featuring its contemporary furniture, furnishings and carpets.
RugNews.com Editors
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Obituaries
6/7/2022
Oriental Weavers USA has announced that long-time CEO Ahmed Salama died peacefully surrounded by his family on June 4, 2022.
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Financial, Retail
6/3/2022
RH, formerly known as Restoration Hardware, reports strong first quarter ended April 30, 2022, however, softening demand trends have resulted in the company revising downward its projections for 2022.
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Retail, Technology
6/3/2022
The retail giant has announced plans to open four major fullfiment facilities, each between 1 million plus to 2.2 million square feet in size, in the next three years to offer customers next- or two-day shipping on more items.
RugNews.com Editors
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Show News & Business
5/31/2022
Having served as the High Point Market Authority’s president and CEO Tom Conley plans to retire from the position at the end of 2022. with long-time employee and current COO, Tammy Covington Nagem to succeed.