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Director Miguel Calado has executed a sale of 2,500 shares of HNI Corp (HNI) on March 7, 2024, according to a recent SEC filing. The transaction was carried out at a price of $42.99 per share, which resulted in a total value of $107,475.
An expanding furniture manufacturer wants to build a ‘landmark’ office complex at one of its sites. The Senator Group (TSG) had a record-breaking year in 2022, increasing sales by more than 30% to reach a £215m turnover.
The flexible office is going mainstream. Today, furnishings giant Ikea is releasing Mittzon, its newest system of furniture for the office. Designed specifically for all the ways the office has been contorted and reconfigured by the post-pandemic hybrid work schedule, the 85-piece collection is a flexible, movable kit of shape-shifting parts that is designed for […]
High-end furniture company Steelcase is embarking on a significant transition, relocating its Chicago showroom to the Fulton Market District after more than five decades at the Merchandise Mart. This move underscores a growing trend among furniture and design firms choosing the vibrant Fulton Market over traditional locales. Steelcase’s forthcoming move into a space formerly occupied by MillerKnoll […]
Global office furniture leader, Haworth, has formed a strategic partnership with Shivalik Group, a prominent real estate developer in . The collaboration signifies a notable expansion move for Shivalik Group. Established in 1948 in the US, Haworth boasts a global presence with operations in 150 countries and a $2.5 billion valuation.
MUSCATINE, Iowa – Office and contract furniture giant HNI reported $679.8 million in fourth quarter consolidated net sales, a gain of 19% from last year, largely thanks to its acquisition of Kimball last year. Not counting the acquisition, organic sales fell 6.4%. Earnings per share rose 23% from last year, while operating margin expanded 410 basis […]
US-based furniture major MillerKnoll has set up its first retail outlet in the city, the sixth such facility in the country, through its authorised dealer Buildcraft Interior, the company said. MillerKnoll has drawn up plans to open additional showrooms in key cities across India, Managing Director for Asia Pacific, Middle East, and African regions, Kartik […]
ZEELAND, Mich. — Herman Miller is giving a nod to its history of modular furniture design with two posters from its back catalog of advertising prints. The prints are each taken from a company catalog featuring 44 black-and-white posters created by Herman Miller’s graphic design team. Known as the “The Big Book,” the company’s salespeople used the […]
MUSCATINE, Iowa, February 22, 2024–(BUSINESS WIRE)–HNI Corporation (NYSE: HNI) today announced sales of $2.434 billion and net income of $49.2 million for the full year ended December 30, 2023. GAAP net income per diluted share was $1.09, compared to $2.94 in the prior year. Non-GAAP net income per diluted share was $2.65, compared to $2.20 in […]
GRAND RAPIDS, Mich. — Office and contract furniture giant Steelcase has received high marks for its sustainability efforts from the world’s leading environmental disclosure platform. The organization earned a top score of A- from CDP, previously known as the Climate Disclosure Project, for its commitment to environmental strategy and action. Steelcase is the only firm in its industry […]
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