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Following last week’s announcement that Spicers UK and OfficeTeam have filed a notice of intention to go into administration, it is with regret that we inform you that on 1st May 2020 a petition was presented before the High Court to wind up Spicers (Ireland) Limited and appoint official liquidators.
The office and contract furniture manufacturers had another strong year, with most posting solid gains in sales. Overall in 2019, sales for the FDMC 300 group of companies grew 4.5 percent, to reach $57.171 billion. This group of cabinet, millwork, furniture and store fixture manufacturers recorded an eighth consecutive year of sales expansion in 2019, […]
As the novel coronavirus quickly rattled the world, forcing people to change the way they live and work indefinitely, the architecture and design community sprang into action—finding ways to help others, even as they faced their own respective challenges. From donating textiles for the creation of medical masks, to outfitting field hospitals in New York […]
HIGH POINT, N.C. — As if the state’s economy hadn’t taken enough of a hit from COVID-19, local officials were forced to cancel what would have been the High Point Furniture Market, originally set for this past weekend. The internationally acclaimed gathering takes place twice a year and is the largest home furnishings industry trade […]
LITTLETON, Colo.– It looks like normal business at Xybix Systems in Littleton. “We manufacture furniture for 911 dispatch centers all over North America,” Xybix President Barry Carson said. But not all is normal. “No, not the plexiglass. That’s a new addition,” Carson added. The COVID-19 pandemic presented a new need for its customers, who are […]
(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 […]
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