News

Business Business, Retail Import Cargo Rising as Higher Tariffs and Potential Port Strike Approach Posted On: 12/9/2024 With a strike possible again next month at East Coast and Gulf Coast container ports and President-elect Donald Trump planning to increase tariffs, the nation’s major ports are expected to see a continued surge in imports. Business, To The Trade Kravet Acquired by Private Equity Firm Dunes Point Capital Posted On: 12/4/2024 Dunes Point Capital, a private equity firm, has acquired Kravet, a to-the-trade home furnishings, distributing fabric, furniture, wall coverings, trimmings and carpet under the Kravet, Lee Jofa, GP & J Baker, Brunschwig & Fils and Donghia brands. Business, Designer/To The Trade STARK Continues Showroom Expansion Strategy, Acquires Location in Denver Posted On: 12/9/2024 STARK acquires CPA Carpets in Denver bringing its total to 25 domestic to-the-trade showroom locations. E-Commerce E-Commerce European Online Retailer Benuta Launches New Product Discovery Platform to Personalize Online Shopping Posted On: 12/9/2024 European online rug retailer Benuta uses Constructor’s e-commerce search and product discovery platform to personalize and enhance online shopping experiences. E-Commerce, Retail Loloi Brothers Launch E-Comm Home Brand, Joon Loloi Posted On: 12/10/2024 Founded by Cyrus and Steven Loloi, Joon Loloi is a new online retailer offering its own branded rugs, furniture, lighting, décor and more direct to consumers. Executive Moves Executive Moves Feizy Appoints Amy Charalambopoulos as Vice President, Marketing & Merchandising Posted On: 12/6/2024 Amy Charalambopoulos brings expertise in marketing, merchandising, account development, and sales management to Feizy derived from a 15-year career as director of brand management at Ralph Lauren. Executive Moves, Industry Jamie Stern Furniture, Carpet, Leather and Fabric Names First Creative Director Posted On: 12/9/2024 William Oberlin named to the newly created position of creative director of Jamie Stern Furniture, Carpet, Leather & Fabric and will oversee all aspects of design, marketing and sales. Financial Financial, Retail RH Reports Third Quarter Fiscal 2024 Results Posted On: 12/12/2024 RH reports third quarter demand increased 13% despite tough housing market, revises Q4 estimates up; announces 2025 introduction of RH Couture Upholstery, a significant new brand extension in the fall of 2024, 7 domestic store openings and minimal impact if tariffs on Chinese goods take effect. Retail Retail 157 Million Consumers to Shop on Super Saturday Posted On: 12/16/2024 An estimated 157.2 million consumers plan to shop on the last Saturday before Christmas, according to a survey released by National Retail Federation. Retail Exclusive: Flooring Retailer Weigh In on 2024 Rug Sales Posted On: 12/18/2024 RugNews.com surveyed flooring retailers from coast to coast and finds that during 2024 area rugs continued to grow in prominence and importance. Business, Retail Import Cargo Rising as Higher Tariffs and Potential Port Strike Approach Posted On: 12/9/2024 With a strike possible again next month at East Coast and Gulf Coast container ports and President-elect Donald Trump planning to increase tariffs, the nation’s major ports are expected to see a continued surge in imports. Retail JCPenney Tops The List Again in USA Today’s 2024 Readers' Choice Poll Posted On: 12/11/2024 For the 2nd year in a row, JCPenney was awarded the No. 1 spot in USA TODAY’s 10Best Readers’ Choice Award for Best Department Store. Retail Kohl's Announces New CEO Posted On: 12/9/2024 Ashley Buchanan has been appointed chief executive officer and board member of Kohls, starting Jan. 15, 2025.  E-Commerce, Retail Loloi Brothers Launch E-Comm Home Brand, Joon Loloi Posted On: 12/10/2024 Founded by Cyrus and Steven Loloi, Joon Loloi is a new online retailer offering its own branded rugs, furniture, lighting, décor and more direct to consumers. Financial, Retail RH Reports Third Quarter Fiscal 2024 Results Posted On: 12/12/2024 RH reports third quarter demand increased 13% despite tough housing market, revises Q4 estimates up; announces 2025 introduction of RH Couture Upholstery, a significant new brand extension in the fall of 2024, 7 domestic store openings and minimal impact if tariffs on Chinese goods take effect. Retail US Black Friday Retail Sales Up +3.4% vs. Last Year Posted On: 12/10/2024 Consumers valued deals and promotions on Black Friday, e-commerce sales grew +14.6% compared to 2023 reports Mastercard SpendingPulse. Social Responsibility Social Responsibility Gift For Life Announces 2024 Top Donors Posted On: 12/18/2024 Industry, Social Responsibility NK Chaudhary, founder of Jaipur Rugs, has been Recognized by Thinkers50 Posted On: 12/13/2024 Jaipur Rugs' Nand Kishore "NK" Chaudhary, founder of Jaipur Rugs, lauded by Thinkers50, a curated biennial listing of 50 inspiring leaders from around the world.

Designer Floors To The Trade Business, To The Trade Kravet Acquired by Private Equity Firm Dunes Point Capital Posted On: 12/4/2024 Dunes Point Capital, a private equity firm, has acquired Kravet, a to-the-trade home furnishings, distributing fabric, furniture, wall coverings, trimmings and carpet under the Kravet, Lee Jofa, GP & J Baker, Brunschwig & Fils and Donghia brands.

Obituaries Obituaries Dallas Market Center Chairman Emeritus Bill Winsor Had Died Posted On: 12/13/2024 Dallas Market Center announces that chairman emeritus Bill Winsor died on Thursday, Dec. 12, 2025.

People Industry High Point, Industry, Show Events American Home Furnishings Hall of Fame Foundation Calls for Nominations Through February 1 Posted On: 12/20/2024 Executive Moves, Industry Jamie Stern Furniture, Carpet, Leather and Fabric Names First Creative Director Posted On: 12/9/2024 William Oberlin named to the newly created position of creative director of Jamie Stern Furniture, Carpet, Leather & Fabric and will oversee all aspects of design, marketing and sales. Industry, Social Responsibility NK Chaudhary, founder of Jaipur Rugs, has been Recognized by Thinkers50 Posted On: 12/13/2024 Jaipur Rugs' Nand Kishore "NK" Chaudhary, founder of Jaipur Rugs, lauded by Thinkers50, a curated biennial listing of 50 inspiring leaders from around the world.

Product Area Rugs Designer/To The Trade Color, Designer/To The Trade Kasthall Updates its Long-Running Tekla Rug Collection with Fresh Colorations Posted On: 12/11/2024 Swedish luxury rug atelier Kasthall updates its enduring textural Tekla collection introducing a fresh crop of colors that celebrates tradition and renewal. Business, Designer/To The Trade STARK Continues Showroom Expansion Strategy, Acquires Location in Denver Posted On: 12/9/2024 STARK acquires CPA Carpets in Denver bringing its total to 25 domestic to-the-trade showroom locations. Licensed Collections High Point, Licensed Collections, Show Recap Surya Earns Thumbs Up for Debut Galey Alix X Livabliss and Newest Handcrafted Rugs Posted On: 12/6/2024 Surya's new partnership under its Livabliss label with DIY designer and celebrity Galey Alix, and its Surya branded handcrafted rug debuts score points at fall market.

Shows High Point High Point, Industry, Show Events American Home Furnishings Hall of Fame Foundation Calls for Nominations Through February 1 Posted On: 12/20/2024 High Point, Show Recap Nourison’s HPMKT Intros Tick Boxes In Good, Better, Best Strategy with New DKNY Rugs in the Spotlight Posted On: 12/3/2024 Nourison Home unveils its first licensed rug collections in partnership with DKNY, introduces new designs in a range of weaves to offer a good better best assortment for fall High Point Market. High Point, Show Recap Oriental Weavers Scores With Fashion and an Array of Weaving Options at High Point Market Posted On: 12/6/2024 OW leads in color, design and value from handmade to indoor-outdoor area rugs launched at the Fall 2024 High Point Market. High Point, Licensed Collections, Show Recap Surya Earns Thumbs Up for Debut Galey Alix X Livabliss and Newest Handcrafted Rugs Posted On: 12/6/2024 Surya's new partnership under its Livabliss label with DIY designer and celebrity Galey Alix, and its Surya branded handcrafted rug debuts score points at fall market. Las Vegas Las Vegas, Show News & Business ANDMORE Unites Industry Groups at Winter 2025 Markets Posted On: 12/12/2024 Las Vegas, Show News & Business Las Vegas Market and The International Surface Event to Overlap in Winter 2025 Posted On: 12/20/2024 The winter 2025 Las Vegas Market and The International Surface Event (tise) will overlap, creating a dynamic cross-category sourcing opportunity in Las Vegas in January Las Vegas, Show News & Business Winter 2025 Las Vegas Market Preview Guide Now Available Posted On: 12/16/2024 Show Events High Point, Industry, Show Events American Home Furnishings Hall of Fame Foundation Calls for Nominations Through February 1 Posted On: 12/20/2024 Show Events, Show News & Business Mitchell Gold + Bob Williams to Debut Designer Showroom in Dallas Posted On: 12/20/2024 Mitchell Gold + Bob Williams hosts grand opening of showroom in Dallas, set to coincide with the upcoming Dallas Total Home & Gift Market. Show News & Business Las Vegas, Show News & Business ANDMORE Unites Industry Groups at Winter 2025 Markets Posted On: 12/12/2024 Las Vegas, Show News & Business Las Vegas Market and The International Surface Event to Overlap in Winter 2025 Posted On: 12/20/2024 The winter 2025 Las Vegas Market and The International Surface Event (tise) will overlap, creating a dynamic cross-category sourcing opportunity in Las Vegas in January Show Events, Show News & Business Mitchell Gold + Bob Williams to Debut Designer Showroom in Dallas Posted On: 12/20/2024 Mitchell Gold + Bob Williams hosts grand opening of showroom in Dallas, set to coincide with the upcoming Dallas Total Home & Gift Market. Las Vegas, Show News & Business Winter 2025 Las Vegas Market Preview Guide Now Available Posted On: 12/16/2024 Show Recap High Point, Show Recap Nourison’s HPMKT Intros Tick Boxes In Good, Better, Best Strategy with New DKNY Rugs in the Spotlight Posted On: 12/3/2024 Nourison Home unveils its first licensed rug collections in partnership with DKNY, introduces new designs in a range of weaves to offer a good better best assortment for fall High Point Market. High Point, Show Recap Oriental Weavers Scores With Fashion and an Array of Weaving Options at High Point Market Posted On: 12/6/2024 OW leads in color, design and value from handmade to indoor-outdoor area rugs launched at the Fall 2024 High Point Market. High Point, Licensed Collections, Show Recap Surya Earns Thumbs Up for Debut Galey Alix X Livabliss and Newest Handcrafted Rugs Posted On: 12/6/2024 Surya's new partnership under its Livabliss label with DIY designer and celebrity Galey Alix, and its Surya branded handcrafted rug debuts score points at fall market.

Trends Color, Trends Pantone Names Mocha Mousse Color of the Year 2025 Posted On: 12/5/2024 Characterized by its organic nature, PANTONE 17-1230 Mocha Mousse is a warm, rich brown described as nurturing us and comforting, yet sophisticated. Color Color, Designer/To The Trade Kasthall Updates its Long-Running Tekla Rug Collection with Fresh Colorations Posted On: 12/11/2024 Swedish luxury rug atelier Kasthall updates its enduring textural Tekla collection introducing a fresh crop of colors that celebrates tradition and renewal. Color, Trends Pantone Names Mocha Mousse Color of the Year 2025 Posted On: 12/5/2024 Characterized by its organic nature, PANTONE 17-1230 Mocha Mousse is a warm, rich brown described as nurturing us and comforting, yet sophisticated.