On February 7, 2019, the Business Institutional Furniture Manufacturers Association (BIFMA) released a new version of its storage unit standard BIFMA X5.9. The updated version replaces the previous 2012 version and is approved by the American National Standards Institute (ANSI). BIFMA X5.9 provides a common basis for evaluating the safety, durability and structural performance […]
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Entries by jsa
Notts County owner Alan Hardy says a “substantial offer” has been made to buy his ailing fit-out firm Paragon Interiors. The businessman, who also owns Nottinghamshire Golf and Country Club, told the Press Association the firm had been sold for “diddly squat” but has now backtracked on those comments. In an official statement to Nottinghamshire Live he […]
Brunner and Haworth will join forces to acquire customers in EMEA and Asia Pacific. Brunner will complement Haworth’s product range to meet the growing demand for comprehensive furnishing concepts for modern office environments.
Five companies – Fourfront, Loop, Coriolis, ThirdWay and Oakley – have agreed to pay fines totalling over £7 million after admitting being involved in cartel behaviour. Following a Competition and Markets Authority (CMA) investigation, each company has admitted to breaking competition law at least once during the period of 2006-2017, in some cases on multiple […]
Marics chair just won the Red Dot Design Award 2019. https://www.red-dot.org/about-red-dot/?r=1
Paragon Interiors has entered administration leaving over 90 jobs under threat at the firm. Leonard Curtis has been appointed administrator at the firm. In a statement last night (27 February), the firm said: “The joint administrators are seeking offers for the business in order to preserve jobs and maximise the return to creditors. It is […]
HNI Corporation (NYSE: HNI) today announced sales for the full year ended December 29, 2018 of $2,258 million and net income of $93 million. GAAP net income per diluted share was $2.11 compared to $2.00 in the prior year. Non-GAAP net income per diluted share was $2.41 compared to $1.97 in the prior year. Read full article […]
Davis Polk advised the joint book-running managers and representatives of the several underwriters in connection with an SEC-registered offering by Steelcase Inc. of $450 million principal amount of 5.125% senior notes due 2029. Read full article here: (GLOBAL LEGAL CHRONICLE) http://www.globallegalchronicle.com/steelcases-450-million-senior-notes-offering/
Herman Miller, Inc. (Nasdaq: MLHR), a leading global designer and furniture manufacturer, announced today that President and CEO Andi Owen has bolstered her leadership team with three new executive hires. Megan Lyon as Chief Strategy Officer, Leander LeSure as Chief Human Resources Officer, and Jacqueline Rice as General Counsel will partner with Owen and her broader leadership team to identify and drive global growth opportunities for the Company and its family […]
Administrators have been appointed at the Bristol, UK-based office seating manufacturer – Vector Seating.