Bisley continues growth trajectory

Wednesday, 16 August 2023

Newport-based office furniture designer and manufacturer Bisley has signed two deals in the telecommunications and banking sectors.

The partnerships with BT Group and the European Bank for Reconstruction and Development (EBRD) follow on from Bisley revealing that it is designing bespoke spaces within the Googleplex headquarters in California.

Allsteel’s Experience Center reimagines the role of the contract furniture showroom

Sunday, 13 August 2023

Promotion: workplace furniture brand Allsteel’s latest showroom in Chicago is designed to showcase its latest products and share new workplace concepts  through architectural features and experiences.

Steelcase lands partnership with leading esports organization

Wednesday, 19 July 2023

LOS ANGELES – Office furniture giant Steelcase has announced it’s the official seating partner of Luminosity Gaming, one of the largest gaming and esports teams in the world.

Luminosity and Steelcase will collaborate on content featuring the team’s content creators, players and coaches, giving fans a behind-the-scenes look at how Steelcase chairs can enhance their gameplay. Throughout the year, fans of Luminosity can see players sitting in Steelcase chairs, community giveaways, sponsored livestreams and social media takeovers with Luminosity players.

MillerKnoll, Inc. (NASDAQ:MLKN) Shares Acquired by Brown Advisory Inc.

Friday, 11 August 2023

Brown Advisory Inc. increased its position in shares of MillerKnoll, Inc. (NASDAQ:MLKN) by 7.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 901,850 shares of the company’s stock after acquiring an additional 66,130 shares during the period. Brown Advisory Inc. owned approximately 1.19% of MillerKnoll worth $18,443,000 at the end of the most recent quarter.

Maximize efficiency with this new office furniture collection

Wednesday, 09 August 2023

Knock on Wood aims to revolutionize the workplaces and the way people work and collaborate in contemporary office environments with its exceptional craftsmanship and cutting-edge designs of office furniture.

La-Z-Boy rolls out AI-powered ‘decliner’ as part of brand refresh

Wednesday, 9 August 2023

La-Z-Boy launched a new marketing platform, “Long Live The Lazy,” to reclaim the term “lazy,” according to a press release. A national ad campaign will begin airing this week across broadcast, digital, streaming, social media and mobile gaming.

Benchmark Maintains HNI (HNI) Buy Recommendation

Wednesday, 9 August 2023

Fintel reports that on August 9, 2023, Benchmark maintained coverage of HNI (NYSE:HNI) with a Buy recommendation.

Analyst Price Forecast Suggests 22.72% Upside

As of August 2, 2023, the average one-year price target for HNI is 35.70. The forecasts range from a low of 34.34 to a high of $37.80. The average price target represents an increase of 22.72% from its latest reported closing price of 29.09.

Steelcase Inc.’s Strong Performance and Promising Future: An Investor’s Perspective

Wednesday, 9 August, 2023

In a recent disclosure with the Securities and Exchange Commission (SEC), Prime Capital Investment Advisors LLC announced the acquisition of a new stake in Steelcase Inc. (NYSE:SCS) during the first quarter of this year. The firm obtained 15,525 shares of the business services provider’s stock, translating to an estimated value of $131,000.

Haworth partakes in headquarters restoration project

Tuesday, 8 August 2023

HOLLAND, Mich. — Haworth, a family-owned furniture company, announced that it is coordinating with the Outdoor Discovery Center Conservation Services on a multi-phased project. The project consists of converting overgrown turfgrass and lawns on the Hawthorn campus into native prairie species.

HNI Corporation Reports Earnings for Second Quarter Fiscal Year 2023

Tuesday, 8 August 2023

MUSCATINE, Iowa–(BUSINESS WIRE)–HNI Corporation (NYSE: HNI) today announced sales for the second quarter ended July 1, 2023 of $563.5 million and a net loss of $12.8 million. GAAP earnings per diluted share declined from $0.72 in the prior year to ($0.30) in the current year primarily due to transaction expenses related to the acquisition of Kimball International. When excluding acquisition expenses and select other items, non-GAAP net income per diluted share was $0.55, compared to $0.52 in the prior year. GAAP to non-GAAP reconciliations follow the financial statements in this release.