Dorel Industries has reached an agreement in principle regarding a transaction whereby Dorel would be taken private by a buyer group led by affiliates of Cerberus Capital Management and Martin Schwartz, Jeffrey Schwartz, Alan Schwartz and Jeff Segel.
Dorel Industries has created the new Augusta collection for its Ameriwood furniture lineup in a balanced approach to the marketplace weighing affordability and on-trend style in a way that is relevant to today’s lifestyles.
Home Meridian International has appointed Jay Jordan, former president and CEO of Dorel Industries’ Ameriwood Home division, to president of the newly created HMidea business, which will produce an assortment of ready-to-assemble furniture.
In the first quarter, as home division revenues continued to gain, Dorel Industries recorded a net loss of $8.3 million, or 26 cents per diluted share, versus $4.7 million, or 14 per cents per diluted share, in the year-before period.
Dorel Home took the occasion of the Spring High Point Market to expand its Novogratz collection, featuring a range of fresh casual furniture for indoor/outdoor application in its showroom.
For the Spring High Point Market, the Dorel Industries Ameriwood Home division will emphasize small office/home office products in what it characterizes as a Soho statement.
The Ameriwood Home division of Dorel Industries is producing dual-purpose TV stands that help it efficiently address the demand for electric fireplaces.
New products and collections will be popping up all over High Point, NC, for the upcoming fall furniture market, noted International Market Centers, operator of the key core show buildings, even as it announced a major donation in town.
The Dorel Home division of Dorel Industries and The Novogratz design team are expanding their partnership with 125 new furnishings pieces on the way for the High Point Market.
Dorel Industries posted a net loss in the second quarter with home division revenues down, while operating profit and net income slightly gained.
Dorel’s Ameriwood Home division is expanding its task-related home office furniture collections.
Small space living remains a critical trend in the mass market furniture sector, as the evidence of introductions and featured products highlighted at the Spring High Point Market suggest.
Dorel’s Ameriwood Home division is exploring small space living as it gets ready for the Spring High Point Market.
SystemBuild, a brand of Dorel Industries’ Ameriwood Home division, is rolling out a new Latitude storage collection.
Dorel Industries’ Ameriwood Home division has responded to the consumer popularity of mid-century modern furniture with two new bedroom collections launching this month.
Dorel Industries’ third quarter performance was bolstered by its home operation, and the company continued to grow its online retail sales.
The Ameriwood Home division of Dorel Industries has debuted its new commercial office furniture line at the fall High Point Market.
Ameriwood Home is launching a new commercial office series designed to suit all demographics and work environments.
Strong sales growth in Dorel Industries’ home division could not offset weaknesses in other segments during the second quarter.
Dorel’s home division boosted its overall first quarter performance, although a restructuring charge impacted earnings.