Office furniture manufacturing stocks were hammered with Knoll falling 3.47%, Herman Miller sliding 3.37%.
Fellowes Brands first expanded into contract furniture through its acquisition of ESI in November 2017.
A couple of landscape architects. A few beers. A commitment to design for even the most pedestrian outdoor furniture and fixtures. Those are the elements that launched Landscape Forms 50 years ago.
Office furniture makers just don't employ enough high paid lobbyists, apparently toothpick makers do.
Nienkämper is now owned by a family trust, with founder Klaus Nienkämper staying on as Chairman and continuing to lead the design direction of the firm.
Coppell, Texas-based Varidesk is the lead investor in a new corporate funding round for Common Desk, the 7-year-old Dallas-based coworking company with multiple locations in Dallas-Fort Worth and Austin.
Allsteel and Gunlocke sister brands under HNI Corporation, celebrated a newly renovated showroom in San Francisco that explores product solutions for a purpose-driven design.
Revenue growth of 6% in the second quarter over the prior year period was driven primarily by a weaker Canadian dollar and increased education sales. Combined with modest growth in the commercial segment and increased installation activity, this increase was partially offset by lower healthcare sales, which reflect the timing of projects and modest reductions in government sales.
The CSR report shines a spotlight on what manufacturers can do to be self-sustaining and actually give back more than they take from the environment.
Net sales for the Office segment were $223.2 million during the second quarter of 2019, an increase of $28.6 million, or 14.7% compared to the second quarter of 2018.
Office furniture net sales decreased $14.4 million or 3.4 percent from the prior year quarter to $409.5 million.
Frövi North America (Frövi NA), a subsidiary of Frövi UK, a family- owned British commercial furniture company, announced its partnership with Stance Healthcare (Stance).
Teknion Corporation announced the opening of its redesigned Collaboration Hub, expanded to approximately 19,000 square feet (1765m²) on the 20th floor of the Bremner Tower in downtown Toronto.
A lawsuit filed in February alleges gender-based wage discrimination by a woman who worked for office furniture manufacturers Allsteel and its parent company, HNI Corp.
Italian furniture brand Arper has appointed Armin Broger as CEO, following his departure from rival brand B&B Italia in April, after just a year in the job.
Furniture business unit posted strong performance in terms of topline growth and gross margin expansion.