Triumph Furniture of Merthyr Tydfil folds with 252 job losses

A furniture company has gone bust with 252 job losses after reporting “a catastrophic collapse in orders”.

Triumph Furniture of Merthyr Tydfil, which has bases in the town and Dowlais, supplied more than 600 furniture sellers, as well as being … Read more

Herman Miller Agrees to Acquire Majority Interest in HAY A/S

Highlights

Herman Miller, Inc. (NASDAQ: MLHR), the global designer and furniture manufacturer, announced today it signed an agreement

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New POI KW Office Highlights Intersection of Space and Technology

POI Business InteriorsCanada’s largest workplace interior solutions provider, officially launched its new Kitchener office space in conjunction with partners, Steelcase and Microsoft. The new POI showroom is uniquely adapted to the needs of the Kitchener-Waterloo technology hub, … Read more

Investment in central London offices drops by £3bn ahead of Brexit

Nervous property investors have slashed spending on central London offices by nearly £3 billion in the  run-up to Brexit, new data showed on Monday.

Property firm Avison Young says £2.2 billion of purchases were agreed in the three months to … Read more

Knoll Buys Fully

Knoll, Inc. a month ago announced that they had acquired the Portland, Oregon-based internet business Fully. Established in 2006 by David Kahl, Fully spearheaded direct-to-shopper offers of great, elite customizable height desks, ergonomic seats and accessories chiefly for individual … Read more

Herman Miller Middle East appoints Alisa PR

Dubai-based independent communications agency ALISA PR has been appointed to handle the PR activities for Herman Miller in the Middle East which is a 100-year-old-plus publicly held company headquartered in Zeeland, Michigan with its presence in the UAE and Middle … Read more

Herman Miller acquires stake in Danish furniture brand Hay

Herman Miller, the furniture manufacturer based in Zeeland, Michigan, has announced that it has acquired an interest in Hay, the Danish brand known for its contemporary home and office furnishings and accessories. Founded in 2002 by Rolf and … Read more

WeWork is said to unveil IPO filing as soon as next week

WeWork Cos. is planning to make public its prospectus for its initial public offering as early as next week, according to people familiar with the matter, unveiling the full financial picture of the office sharing startup for the first time.… Read more

Knoll Declares Cash Dividend

Knoll, Inc., (NYSE:KNL), a leading designer and manufacturer of furnishings and coverings for the workplace and home, today announced that the Company’s Board of Directors declared a quarterly cash dividend to $0.17 per share payable September 30, … Read more

Steelcase Inc. (NYSE:SCS) Expected to Post Quarterly Sales of $980.75 Million

Brokerages expect Steelcase Inc. (NYSE:SCS) to post $980.75 million in sales for the current fiscal quarter, according to Zacks Investment Research. Two analysts have made estimates for Steelcase’s earnings, with the lowest sales estimate coming in at $980.70 million and … Read more