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(GLOBE NEWSWIRE) — Knoll, Inc. (NYSE: KNL), a leading designer and manufacturer of furnishings, textiles and fine leathers for the workplace and home, today announced results for the first quarter ended March 31, 2020. First Quarter Highlights Net Sales increased 2.2% to $340.0M GAAP Gross Margin decreased 120 bps to 36.0% Adjusted Gross Margin decreased 80 […]
Let’s start up with the current stock price of Steelcase Inc. (SCS), which is $9.56 to be very precise. The Stock rose vividly during the last session to $9.61 after opening rate of $9.53 while the lowest price it went was recorded $9.28 before closing at $9.49. Steelcase Inc. had a pretty Dodgy run when […]
CEO Steve Horne has announced the following statement: “In light of the financial position of the company and unpredictable trading, the Board of Directors have taken action to protect the business and have filed a notice of intention to appoint Administrators for both Spicers and OfficeTeam. The notice of intention to appoint Administrators does not apply […]
A consortium of prominent Italian home furnishing designers and manufacturers are urging Prime Minister Giuseppe Conte to allow their industries to resume production ahead of the country’s gradual re-opening, which is now slated to begin May 3 at the earliest but could likely be pushed back. Italy’s famed and economically vital home design industry—largely centered around Milan but spread across […]
A consortium of prominent Italian home furnishing designers and manufacturers are urging Prime Minister Giuseppe Conte to allow their industries to resume production ahead of the country’s gradual re-opening, which is now slated to begin May 3 at the earliest but could likely be pushed back. Italy’s famed and economically vital home design industry—largely centered around Milan but spread across […]
Millions of people in China have returned to work, and other countries are considering easing lockdowns in phases. Organizations should plan how to adapt offices to comply with social distancing rules. Real estate company Cushman & Wakefield has designed an office where workers can keep six feet apart. COVID-19 has upended working life, changing how […]
IN RECENT weeks the lockdown and social distancing in India has seen thousands of employees set up an office in their very own homes. In fact, according to many reports, COVID-19 pandemic could lead to Work From Home (WFH) becoming a regular thing. WFH is today an accepted norm in many sectors, especially in the […]
The preliminary estimate developed by IHS Markit of the North American office, education, and healthcare furniture market for 2019 was estimated to be $16.99 billion by the Business and Institutional Furniture Manufacturers Association. That is a gain of 4.3 percent over the actual 2018 market size figure. The market in the U.S. was estimated to […]
MUSCATINE, Iowa–(BUSINESS WIRE)–HNI Corporation (NYSE: HNI; “the Corporation”) is providing an update related to the ongoing COVID-19 pandemic crisis. CEO Comment “First and foremost, our focus during this crisis is on the well-being of our members. To protect our teams, we have implemented workplace measures consistent with guidelines from the Centers for Disease Control and […]
(RTTNews) – HNI Corp. (HNI) said it has suspended its fiscal 2020 sales and earnings forecast due to the uncertainty caused by the coronavirus pandemic. At the end of the first quarter 2020, the company had $233 million in total debt.
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