A La Carte presents CMN with first donation
Article Abstract:
A La Carte, a maker of occasional and dining furnitures, has presented its first $1,500-donation to the Children's Miracle Network (CMN). The donation, made as part of the company's commitment to the program that help seven million injured and sick children annually, represents earnings for one year of the company's Sonata and Magnolia lines, the two lines designated by the firm for CMN. A La Carte, which is planning to put its new Venetian line under the program, sets aside a specified amount for CMN for every item sold under the designated furniture lines.
Comment:
Has presented its first $1,500-donation to the Children's Miracle Network
Publication Name: Furniture-Today
Subject: Home furnishings industry
ISSN: 0194-360X
Year: 1998
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Holland House files Chapter 11
Article Abstract:
Holland House of Indianapolis, IN, a maker of glider rockers and dining room furnitures, is seeking Chapter 11 bankruptcy protection. The company, which listed total liabilities of $6.2 million against assets of only $5.5 million, said that its fast growth has resulted in a cash-flow problem that necessitated the filing. Holland, which is proceeding with its participation at the High Point, NC, market despite the filing, is planning to implement a cutback in some of its product offerings in order to continue serving its clients.
Comment:
Is seeking Chapter 11 bankruptcy protection
Publication Name: Furniture-Today
Subject: Home furnishings industry
ISSN: 0194-360X
Year: 1998
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EA phasing out Knob Creek brand
Article Abstract:
Ethan Allen phases out its Knob Creek brand as part of a strategy to boost production capacity and to concentrate on a single product. Knob Creek, an 18th-century case goods brand, was founded in 1964 and sold to Ethan Allen in 1979. The product reached a record-high sales of $10 million in 1983. Ethan Allen, which posted a sales increase by 18.5% in the latest quarter and 17% in 1997, will now focus its resources to manufacture the Ethan Allen brand, according to company chairman Farooq Kathwari.
Comment:
Phases out its Knob Creek brand as part of a strategy to boost production capacity and to concentrate on a single product
Publication Name: Furniture-Today
Subject: Home furnishings industry
ISSN: 0194-360X
Year: 1998
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Comment about this article or add new information about this topic: