Leggett & Platt is implementing a Restructuring Plan primarily in plants its Bedding Products segment and to a lesser extent, in its Furniture, Flooring & Textile Products segment. The plan calls for the reduction of manufacturing and distribution bedding plants from 50 to between 30 and 35 and a smaller number of furniture facilities.
The plastic restraints can become brittle or break, allowing the furniture to detach from the wall and a tip-over and/or entrapment hazard to result.
Commercial furnishings manufacturer Stylex has been acquired by Flokk, a leading European office seating and furniture manufacturer. Stylex will continue to operate independently as a brand in the Flokk portfolio. Terms of the transaction, expected to close Jan. 31, were not announced.
Smith Leonard is a leading Triad-based accounting and consulting firm that also produces the monthly Furniture Insights for the residential furniture industry, which Ken Smith spearheaded along with the conducting of annual furniture surveys.
While new residential furniture orders were up 12% in October 2023 compared to the year prior, it's tempered by the fact that 2022 numbers were down from October 2021, which in turn was down from 2020 numbers.
HAWORTH, Wis. — Each year, furniture maker Haworth surveys the marketplace to determine the design trends for the upcoming year. Last year, it came up with eight design trends for the year that range from the opulent to retro. This year, the company developed six design trends that range from the nostalgic to the contemporary, from global influences to designs that appeal to the senses. Here are Haworth 2024 top design trends: