Archive for September, 2009
September 13th, 2009 at 07:06am
Under Furniture News
Kathy Ireland, upholstery producer is opening a second World Market Center showroom for the Las Vegas Market this month. The new showroom is located in space A-235 and has 4,800 square feet. And, will spotlight the Kathy Ireland Home a fabric upholstery line that was added earlier this year.
Kathy Ireland Home is from Omnia will retain the existing showroom in A-256 to show it’s leather upholstery line. The leather and fabric lines are both manufactured in Chino, California at Omnia’s factory.
Company president, Peter Zolferino said, “By adding Kathy Ireland Home by American Elegance line to our existing KI Omnia manufacturing facility, we have solidified a complete offering of products in our categories for retailers.”
By MCC
September 11th, 2009 at 02:48pm
Under Furniture News
A three night entertainment lineup for the High Point Market next month will be headlined by singer and song writer Gavin DeGraw. The market which begins on October 17, will feature a concert that will be the centerpiece of a celebration of 100 years.
On the opening night, October 17, attendees will be entertained by Simply Irresistible. The band features band leader Ronnie Garrett who has been nominated for a Grammy award and P-Nut Johnson, drummer. On October 18, Cowboy Mouth, a high energy band will be performing. The group has been playing for over 15 years and has produced 11 albums.
Gavin DeGraw will appear on October 18 and has had hit singles that include “I Don’t Want To Be” and “In Love With A Girl”. All three concerts will be held at the Showplace parking lot that is adjacent to the market’s transportation terminal.
By MCC
September 9th, 2009 at 02:46pm
Under Furniture News
In a recent report, Consumer Reports has ranked the top mattress brands rated by consumer satisfaction. Heading the list is the memory foam producer, Tempur-Pedic. Rating second is a factory direct mattress producer that is based in Cleveland, Ohio. Next on the list is Select Comfort, Denver Mattress and Simmons Bedding.
The mattress brand ratings are based on over 13,000 responses about new mattress purchases from January 2005 through June 2009. Consumer Reports said that customers that bought Tempur-Pedic, Original Mattress Factory and Select Comfort mattresses were more satisfied than consumers who purchased Sping Air and Stearns and Foster mattresses.
Consumers that suffered from sleep problems siad that Tempur-Pedic and Select Comfort provided the most relief. Over 60 percent of long term sleep sufferers that purchased those two brands said that their quality of sleep was very much improved.
By MCC
September 7th, 2009 at 02:45pm
Under Furniture News
Last week, shareholders of the Select Comfort bedding giant voted down a deal that would have gave Sterling Partners almost 53 percent ownership in the ailing company. The deal was narrowly rejected by a vote of 49.94 percent by shareholders.
This week, Sterling Partners filed suit in a Delaware court seeking a recount of the shareholders votes. And, asking for a temporary restraining order to keep Select Comfort from teminating the agreement. Sterling also wants the votes recounted by an additional third party.
The deal would have given Sterling the right to purchase 50 million shares in the company at 70 cents per share, or $35 million. Select Comfort and an existing shareholder, the Clinton Group have also asked for all records related to the voting and an additional independent audit.
By MCC
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