AIA’s monthly Architecture Billings Index contracted once again in November, posting a score of 46.3, down 1.2 points from October's score of 47.5.
Architecture billings lose ground in November
Steelcase Reports Third Quarter Revenue Fell 35%. Falls to Second Place for the First Time Ever.
Revenue decreased by 35 percent in the third quarter. Steelcase officially falls to the number 2 position of largest office furniture makers in the world as Hernam Miller claimed the number one position for the first time ever.
Herman Miller Reports Second Quarter Net Sales Fell 7%, but takes Number 1 position from Steelcase
Herman Miller shares crashed 12.5% after beating earnings estimates. The company says "the overall global demand environment [for its products] remains uncertain due to the ongoing pandemic."
Virco Reports Third Quarter Sales Slid 15.3%
Net sales and earnings continue to be negatively impacted by economic conditions driven by the COVID-19 pandemic.
Stylex gets Direct WFH Distribution in Collaboration with Pine and South
Stylex is responding to consumer demand and the growing work-from-home market through their latest collaboration with the newly launched Pine and South, a curated, direct-to-consumer furniture retailer started by dealer Empire Office in NYC.
Why a commercial furniture maker just snapped up a residential brand
After two years of collaborating together on special projects, two outdoor furniture brands are making things official: The commercial-focused Landscape Forms has acquired residential brand Loll Designs.
Landscape Forms Announces Partnership with SESCO Lighting
Landscape Forms, a designer and manufacturer of high-design LED lighting, site furniture, structure, and accessories, announces a lighting partnership with SESCO Lighting.
Allsteel | Gunlocke Awarded Purchasing Agreement with Premier
Effective January 1, 2021, this new agreement allows Premier members, at their discretion, to take advantage of special prices and terms pre-negotiated by Premier for office furnishings and accessories.
Breaking: Ideo is laying off 8% of its global workforce
Inscape Second Quarter Fiscal 2021 Sales Drop 69%
The pandemic continues to cause wreck havoc for the contract furnishings industry. Inscape Thursday reported sales for the second quarter of fiscal 2021 were $7.2 million, down 69.3% compared to $23.3 million for the same period of fiscal 2020.
Women-owned companies partner, elevating client experience through new database: Hightower + Source
As the first contract furniture manufacturer available on Source, Hightower joins partner fabric and textile brands plus many other companies as part of a powerful platform.
Kimball International Announces Closing of Poppin Acquisition
Kimball International, Inc announced the closing of its previously reported acquisition of Poppin, Inc., a tech-enabled, market-leading B2B commercial furniture design company.
Workrite To Pay $7.1 Million To Resolve Alleged False Claims Violations Brought By Whistleblower
The whistleblower lawsuit alleges that between 2009 and 2017, Workrite sold furniture to the government at a higher price than agreed upon in their contracts under the Multiple Award Schedule (MAS).
Back to Work: Longtime industry veteran Frank Lytle has some new products to safely get everyone back to the office in 2021.
Longtime industry veteran Frank Lytle has some new products to safely get everyone back to the office in 2021.
Gunlocke furniture delays layoffs for 3 months
New York-based high-end office furniture maker Gunlocke has delayed the layoffs of 23 of its employees until March 2021.
HNI Corporation Announces Agreement to Acquire Design Public Group
HNI Corporation announced Tuesday it has entered into a definitive agreement to acquire Design Public Group, an e-commerce distributor of high-design furniture and accessories for the office and home.
Allseating Awarded Second Term Agreement With Premier
Effective January 1, 2021, the new agreement continues to allow Premier members, at their discretion, to take advantage of special pricing and terms pre-negotiated by Premier for Allseating’s furnishings.
Italian Designer Antonio Citterio Explains His 2020 Flexform Collection
Citterio points out the approachability of his designs. They’re constructed with an emphasis on simplicity and enduring quality; the kind of quality that improves our lives, he says.
Trump's furniture fail: that's not a desk, Donald – it's a table for TV dinners
The Resolute desk at the White House is made of timbers taken from a Royal Navy ship. It projects pure power. Is that why the defeated US president has switched to an occasional table?
