Haworth Launches DesignLab, Future-Focused Concepts for the Ever-Changing Office Space

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Monday, 17 July 2023

Bold, creative decisions and the workplace don’t often go hand in hand, but office furniture brand Haworth has launched DesignLab, a collective of talented designers and artists focused on looking beyond the industry for new ideas and experiences in the office space. Bradley Bowers, Chrissy Fehan, Eny Lee Parker, Maximiliano Rosiles, and Brian Wooden have created future-focused concepts, curated and mentored by Patricia Urquiola and her studio, that include their individual experiences in digital, graphic, art, sculpture, and product designs. The projects were developed throughout the early months of 2023 before launching at the brand’s Chicago showroom during NeoCon.

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Haworth commits to increasing manufacturing footprint in India as it grows market share

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Thursday, 13 July 2023

New Delhi, 13th July, 2023: Haworth, a 2.5 billion US dollar company, a global leader in premium office furniture and workplace solutions, today announced that it has strengthened its position in the Indian market with 20-25% of the market share in 2022-23. The premium office furniture market in India stood as $300 Million. India has emerged as a key growth market for Haworth, and the company remains committed to providing quality solutions that meet the evolving workplace requirements like design, well-being, flexibility, technology, and sustainability becomes a focal point for any organization and of its customers.

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While Q4 numbers drop, MillerKnoll shows increases for fiscal 2023

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Thursday, 13 July 2023

ZEELAND, Mich. — In its fourth quarter/fiscal year earnings report, MillerKnoll cited a number of economic factors as posing difficulties, “particularly for the luxury housing market and discretionary spending on goods,” such as higher interest rates, regional banking crisis and lower consumer confidence.

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This MillerKnoll brand is coming to company’s NYC flagship in 2024

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Wednesday, 12 July 2023

ZEELAND, Mich. — Knoll is joining other members of Top 100 MillerKnoll’s family of brands at 251 Park Avenue South in the spring of 2024.

Knoll will debut its new retail showroom with additional Knoll contract showroom space showcasing its products and modern design for home and office. Already situated in the building are the flagship Herman Miller retail showroom on the first floor, Herman Miller contract showroom, Geiger showroom and Maharam sales office and studio. Knoll’s current studio and showroom at 1330 6th Avenue will close concurrently with the opening of the new space.

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With StockNews.com Downgrade, HNI Corporation Faces Uncertainty in Future Market Performance

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Monday, 10 July 2023

In a surprising turn of events, research analysts at StockNews.com have chosen to downgrade their rating on HNI Corporation (NYSE:HNI) from a “buy” to a “hold.” The news, which was issued to investors on Sunday, has left many wondering about the implications for the future of this well-known furniture manufacturer.

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Flexsteel Industries Receives Strong-Buy Rating from StockNews.com Researchers, Showing Promising Growth Prospects

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Monday, 10 July 2023

In a recent report released on July 9, 2023, equities researchers at StockNews.com have taken a deep dive into Flexsteel Industries (NASDAQ:FLXS) and initiated coverage on the company’s shares. The researchers have assigned a coveted “strong-buy” rating to the stock, reflecting their bullish stance on its future prospects.

Flexsteel Industries, a leading manufacturer of upholstered and wooden furniture, last announced its earnings results on May 1st of this year. The company surpassed analysts’ expectations by reporting earnings per share (EPS) of $0.28 for the quarter, exceeding the consensus estimate of $0.22 by an impressive margin of $0.06. Furthermore, Flexsteel Industries generated revenue of $99.05 million during the same period, outperforming analysts’ projections of $97.72 million.

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Nordea Investment Management AB Reduces Holdings in HNI Corporation Amid Concerns of Financial Performance

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Sunday 9 July, 2023

Nordea Investment Management AB, a well-known institutional investor, has recently made a significant reduction in its holdings of HNI Co. (NYSE:HNI). According to the latest disclosure filed with the Securities & Exchange Commission, Nordea Investment Management AB now owns 24,818 shares of HNI’s stock, which is a decrease of 59.5% from the previous quarter. This represents an approximate value of $686,000.

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MillerKnoll (NASDAQ:MLKN) Shares Gap Up on Insider Buying Activity

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7 July, 2023

MillerKnoll, Inc. (NASDAQ:MLKN)‘s share price gapped up before the market opened on Friday after an insider bought additional shares in the company. The stock had previously closed at $17.63, but opened at $18.13. MillerKnoll shares last traded at $18.37, with a volume of 154,205 shares traded. Specifically, insider Megan Lyon purchased 6,410 shares of the firm’s stock in a transaction dated Friday, May 5th. The shares were purchased at an average cost of $15.60 per share, for a total transaction of $99,996.00.

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Kimball International: A Promising Contender with a Buy Rating from StockNews.com

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Friday, 7 July 2023

In a bold move that has piqued the interest of investors, StockNews.com has recently initiated coverage on shares of Kimball International (NASDAQ: KBAL). With a “buy” rating bestowed upon the stock, shareholders are left captivated by the potential that lies ahead.

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MillerKnoll : A Message from CEO Andi Owen

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Friday, 7 July 2023

Earlier this year, a clip from our internal town hall – in which I discussed meeting our fiscal year goals and ongoing inquiries about bonuses – was leaked, and subsequently went viral.

During the Q&A period, I made comments that were intended to rally our team members while answering their questions. Following the town hall, it was evident that my comments did not land as I had intended. Questions immediately began to swirl about my compensation, and misinformation spread across news outlets and social media.

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