TSM selects Herman Miller as gaming chair partner

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Thursday, 23 July, 2020

North American organisation TSM has established a partnership with office furniture company Herman Miller.

The announcement comes just a day after Herman Miller unveiled its collaborative Embody Gaming Chair with Logitech G.

As part of the partnership, TSM will be provided with Herman Miller’s Embody Gaming Chair, the first product it’s released as a result of its work with peripherals brand Logitech G. It’s said that the organisation worked with Herman Miller’s product designers for two years, providing feedback on their needs and demands while practicing and competing.

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Knoll second quarter results hit hard by pandemic

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Thursday, 23 July, 2020

EAST GREENVILLE, Pa. – In a letter to shareholders, Knoll, Inc. Chairman and Chief Executive Officer, Andrew B. Cogan, and Senior Vice President and Chief Financial Officer, Charles W. Rayfield, reported decreases in every financial measurement and outlined their game plan to restore the company when the COVID-19 pandemic passes.

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HERMAN MILLER AND LOGITECH TEAM FOR $1,500 EMBODY GAMING CHAIR

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Thursday, 23 July, 2020

Herman Miller, best-known for making luxury ergonomic desk chairs like the “Cosm,” is swiveling to the world of gaming with a new model created in collaboration with Logitech G.

The Embody Gaming Chair is based on the Embody, which was developed using the collective expertise from a team of physicians and PhDs from the fields of biomechanics, vision, physical therapy and ergonomics.

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Indiana Governor Honors Indiana Furniture for Business Longevity and Service to Hoosier Workforce

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Thursday, 23 July, 2020

On July 21, Indiana Governor, Eric J. Holcomb honored Indiana Furniture with the Governor’s Century Business Award in recognition of the company’s longevity and service to its employees, community, and the state.

“It’s an honor to recognize Hoosier business leaders who have been creating quality opportunities for Hoosiers and running their businesses in Indiana for more than 100 years,” Gov. Holcomb said. “Through a strong dedication to their employees, their businesses, and their communities, this company exemplifies the pioneering spirit and perseverance that will keep Indiana on the path to success for centuries to come.”

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La-Z-Boy Creating 125 Jobs in Siloam Springs

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Wednesday, 22 July, 2020

The expansion is a result of increased demand and a reorganization of the company, according to a news release. It also comes after the plant temporarily shut down in March because of the COVID-19 pandemic.

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Haworth acquires Italian furniture maker, adds to Lifestyle Design Group

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Wednesday, 22 July, 2020

HOLLAND — Office furniture maker Haworth Inc. has finalized a deal that added yet another high-profile name to its portfolio of international brands.

Through Haworth’s Italy-based Poltrona Frau Group, the Holland-based company said that it acquired Luxury Living Group, an Italian furniture maker and interior design company that produces and distributes high-end furniture in Italy, working under licensing agreements with such brands as Fendi Casa, Bentley Home and Bugatti Home.

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HNI Corporation Reports Earnings for Second Quarter Fiscal Year 2020

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Wednesday, 22 July, 2020

HNI Corporation (NYSE: HNI) today announced sales for the second quarter ended June 27, 2020 of $417.5 million and net income of $12.6 million. GAAP net income per diluted share was $0.29, compared to $0.36 in the prior year. Non-GAAP net income per diluted share was $0.20, compared to $0.38 in the prior year. GAAP to non-GAAP reconciliations follow the financial statements in this release.

Steelcase announces relationship with Italian furniture maker Mattiazzi

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Tuesday, 21 July, 2020

GRAND RAPIDS, Mich. —Steelcase has entered into a relationship with Italian furniture brand Mattiazzi to offer customers access to Mattiazzi’s complete catalog of hand-finished wood furniture with immediate availability in North America.

“As workers return to the office now and in the future, a range of informal spaces will be even more desirable as people look for collaborative settings that support their emotional and physical wellbeing,” said Allan Smith, Steelcase vice president of global marketing. “Mattiazzi designs are innovative and offer a fresh aesthetic that works well in a range of indoor and outdoor spaces and are easy to clean.”

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Did Hedge Funds Make The Right Call On Steelcase Inc. (SCS) ?

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Friday, 17 July, 2020

We know that hedge funds generate strong, risk-adjusted returns over the long run, which is why imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, professional investors have to conduct complex analyses, spend many resources and use tools that are not always available for the general crowd. This doesn’t mean that they don’t have occasional colossal losses; they do. However, it is still a good idea to keep an eye on hedge fund activity. With this in mind, let’s examine the smart money sentiment towards Steelcase Inc. (NYSE:SCS) and determine whether hedge funds skillfully traded this stock.

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HNI Corporation (HNI) Soars 1.19% on July 16

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Thursday, 16 July, 2020

HNI Corporation (HNI) had a good day on the market for Thursday July 16 as shares jumped 1.19% to close at $30.72. About 160,925 shares traded hands on 1,846 trades for the day, compared with an average daily volume of n/a shares out of a total float of 42.65 million. After opening the trading day at $30.20, shares of HNI Corporation stayed within a range of $30.93 to $30.06.

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