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 an office environment that may never be static again
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 signals a shifting landscape in Chicago’s furniture and design industry.
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 points. Reasons for the improved margin were price-cost improvement, productivity gains and benefits from recent cost savings initiatives.
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 large print posters to market the pieces to prospective showrooms and retailers.
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 the prior year. GAAP to non-GAAP reconciliations follow the financial statements in this release.
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 to earn this top distinction, which only 5% of the some 23,000 companies surveyed in 2023 achieved.
Higher revenues in 2023 extended Haworth Inc.’s growth streak to four straight years following a steep industry decline in the first year of the COVID-19 pandemic.
The Holland-based Haworth today reported $2.57 billion in sales for 2023, a 3% increase over 2022. The results for last year also raised Haworth to 16% sales growth since 2019, before the pandemic.
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