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GENESIS AND THE COUNCIL OF FASHION DESIGNERS OF AMERICA ANNOUNCE FIRST DESIGN + INNOVATION GRANT WINNER

Retrieved on: 
Thursday, February 8, 2024

NEW YORK, Feb. 8, 2024 /PRNewswire/ -- Genesis and the Council of Fashion Designers of America (CFDA) are pleased to announce the first ever CFDA | Genesis House AAPI Design + Innovation Grant winner, Grace Ling.

Key Points: 
  • NEW YORK, Feb. 8, 2024 /PRNewswire/ -- Genesis and the Council of Fashion Designers of America (CFDA) are pleased to announce the first ever CFDA | Genesis House AAPI Design + Innovation Grant winner, Grace Ling.
  • CFDA | Genesis House AAPI Design + Innovation Grant winner, Grace Ling, produced a collection of three full looks inspired by a femme fatale character, each representing seduction, transformation and initiation.
  • "I am very honored to be the recipient of Genesis House's first AAPI Innovation Grant with CFDA," said Grace Ling, designer.
  • Genesis designs customer experiences that go beyond products, embodying audacious, forward-thinking, and distinctly Korean characteristics within its unique Athletic Elegance design identity.

The Lovesac Company Reports Second Quarter Fiscal 2024 Financial Results

Retrieved on: 
Friday, November 3, 2023

STAMFORD, Conn., Nov. 03, 2023 (GLOBE NEWSWIRE) -- The Lovesac Company (Nasdaq: LOVE) (“Lovesac” or the “Company”), sustainable home furnishing brand best known for its Sactionals, The World's Most Adaptable Couch, today announced financial results for the second quarter of fiscal 2024, which ended July 30, 2023.

Key Points: 
  • Gross profit increased $13.3 million, or 16.8%, to $92.4 million in the second quarter of fiscal 2024 from $79.1 million in the second quarter of fiscal 2023.
  • Operating loss was $1.0 million in the second quarter of fiscal 2024 compared to operating income of $8.1 million in the second quarter of fiscal 2023.
  • Operating margin was (0.6)% of net sales in the second quarter of fiscal 2024 compared to 5.5% of net sales in the second quarter of fiscal 2023.
  • During the second quarter of fiscal 2024, the Company recorded an income tax benefit of less than $0.1 million, compared to income tax expense of $2.3 million for the second quarter of fiscal 2023.

Arhaus Announces Third Quarter 2023 Financial Results

Retrieved on: 
Thursday, November 2, 2023

BOSTON HEIGHTS, Ohio, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Arhaus, Inc. (NASDAQ: ARHS; “Arhaus” or the “Company”), a rapidly growing lifestyle brand and omni-channel retailer of premium artisan-crafted home furnishings, reported financial results for the third quarter ended September 30, 2023.

Key Points: 
  • BOSTON HEIGHTS, Ohio, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Arhaus, Inc. (NASDAQ: ARHS; “Arhaus” or the “Company”), a rapidly growing lifestyle brand and omni-channel retailer of premium artisan-crafted home furnishings, reported financial results for the third quarter ended September 30, 2023.
  • We had another exceptional quarter of demand comparable growth(2) in the third quarter, up 11.7%.
  • Adjusted net income was $20 million in the third quarter of 2023 compared to $38 million in the third quarter of 2022.
  • The table below presents our updated expectations for selected full year 2023 financial operating results and implied fourth quarter 2023 expectations derived from the full year 2023 outlook.

HTC to Showcase VIVERSE for Business at Augmented Enterprise Summit 2023

Retrieved on: 
Tuesday, October 24, 2023

SEATTLE, Oct. 24, 2023 /PRNewswire/ -- HTC is thrilled to announce its participation in the upcoming Augmented Enterprise Summit 2023 (AES) taking place in Houston, Texas, from October 24 to 26.

Key Points: 
  • SEATTLE, Oct. 24, 2023 /PRNewswire/ -- HTC is thrilled to announce its participation in the upcoming Augmented Enterprise Summit 2023 (AES) taking place in Houston, Texas, from October 24 to 26.
  • During the event, HTC will give exclusive, hands-on demos of its virtual workspace solution, VIVERSE for Business.
  • At AES, attendees will have the opportunity to immerse themselves in VIVERSE for Business by wearing HTC's VIVE XR Elite headset.
  • Earlier this month, VIVERSE for Business was showcased in Paris, highlighting its innovative approach to collaborative business environments.

Relocated and Redesigned, Denver's Furniture Row is Now the Largest in the USA!

Retrieved on: 
Monday, October 9, 2023

DENVER, Oct. 9, 2023 /PRNewswire/ -- Furniture Row is happy to announce that the Furniture Row in Denver has been relocated and is now bigger and better than ever!

Key Points: 
  • DENVER, Oct. 9, 2023 /PRNewswire/ -- Furniture Row is happy to announce that the Furniture Row in Denver has been relocated and is now bigger and better than ever!
  • "We've been making some significant changes to our Denver-area stores, but it's all so we can better meet the needs of our customers," said Bill Smith, the General Manager of Furniture Row.
  • "Recently, we moved Denver's long-standing Furniture Row out of the building at 5740 N Broadway to make room for our new manufacturer-direct store called The Outlet @Furniture Row.
  • No matter their shopping preference, local customers are sure to love the new Furniture Row in Denver.

GENESIS AND THE COUNCIL OF FASHION DESIGNERS OF AMERICA ANNOUNCE THREE RISING DESIGNERS FOR DESIGN + INNOVATION GRANT

Retrieved on: 
Wednesday, September 6, 2023

NEW YORK, Sept. 6, 2023 /PRNewswire/ -- Today, Genesis and the Council of Fashion Designers of America (CFDA) announced the selection of three designers who will compete for the CFDA | Genesis House AAPI Design + Innovation Grant, unveiled earlier this summer.

Key Points: 
  • NEW YORK, Sept. 6, 2023 /PRNewswire/ -- Today, Genesis and the Council of Fashion Designers of America (CFDA) announced the selection of three designers who will compete for the CFDA | Genesis House AAPI Design + Innovation Grant, unveiled earlier this summer.
  • The designers will also be given a $40,000 grant from Genesis to fund their collections.
  • "We are so thrilled with the three participating designers in the CFDA I Genesis House AAPI Design + Innovation Grant program," CFDA CEO Steven Kolb said.
  • Genesis has stated its commitment to becoming an all-electric vehicle brand by 2030 and to pursuing carbon neutrality by 2035.

Forward Fashion's presents four large-scale arts and cultural projects for Art Macao 2023 with three art brands it operates

Retrieved on: 
Friday, August 18, 2023

This year's "Art Macao" began on 28 July 2023 and will run until October 2023.

Key Points: 
  • This year's "Art Macao" began on 28 July 2023 and will run until October 2023.
  • During this period, the Group collaborates with over 14 international and local art units to create original art content for Macau.
  • It is also Artelli's first participation in "Art Macao 2023", a major international arts and cultural event in the city, showcased in the form of a collateral exhibition.
  • Through its original art brands Artelli and ASCE, Forward Fashion will collaborate with high-end brands, well-known IPs and artists, to introduce more exclusive and first-of-their-kind collaborative projects.

Jackson Hole Western Design Conference Exhibit + Sale Reveals Sneak Peak at Stunning Pieces for 31st Annual September Event

Retrieved on: 
Friday, August 11, 2023

JACKSON HOLE, Wyo., Aug. 11, 2023 /PRNewswire-PRWeb/ -- The Old West is new again as the 31st annual Western Design Conference Exhibit + Sale (WDC) takes Western style up a handcrafted notch September 7-10, 2023, in Jackson Hole, Wyoming, starting with a Preview Party + Fashion Show complete with culinary treats from local chefs and signature cocktails. The four-day exhibit and sale, a signature event of the famed Jackson Hole Fall Arts Festival, is the premiere shopping opportunity for aficionados of rare and singularly Western-styled pieces and an invaluable chance to meet the makers of one-of-a-kind works of art, including fashion, jewelry, home décor and more, all handmade using leather, metal, mixed-media, wood and other aesthetically engaging materials.

Key Points: 
  • Kicking off with the Opening Preview Party on Thursday, September 7, the 31st annual event offers superb shopping, mingling, complimentary happy hours and a Designer Lounge sponsored by Build magazine and Elevated Living Interior Design.
  • JACKSON HOLE, Wyo., Aug. 11, 2023 /PRNewswire-PRWeb/ -- The Old West is new again as the 31st annual Western Design Conference Exhibit + Sale (WDC) takes Western style up a handcrafted notch September 7-10, 2023, in Jackson Hole, Wyoming, starting with a Preview Party + Fashion Show complete with culinary treats from local chefs and signature cocktails.
  • The leather found in all of Leather Sage 's wearable art comes from animals that artist Magenta Reynolds hunted herself in Montana.
  • Returning to the show is the shoppable WDC Designer Lounge by Elevated Living Interior Design and Showroom and Build Magazine.

Arhaus Announces Second Quarter 2023 Financial Results

Retrieved on: 
Wednesday, August 9, 2023

BOSTON HEIGHTS, Ohio, Aug. 09, 2023 (GLOBE NEWSWIRE) -- Arhaus, Inc. (NASDAQ: ARHS; “Arhaus” or the “Company”), a rapidly growing lifestyle brand and omni-channel retailer of premium artisan-crafted home furnishings, reported financial results for the second quarter ended June 30, 2023.

Key Points: 
  • BOSTON HEIGHTS, Ohio, Aug. 09, 2023 (GLOBE NEWSWIRE) -- Arhaus, Inc. (NASDAQ: ARHS; “Arhaus” or the “Company”), a rapidly growing lifestyle brand and omni-channel retailer of premium artisan-crafted home furnishings, reported financial results for the second quarter ended June 30, 2023.
  • John Reed, Co-Founder and Chief Executive Officer, commented,
    “The second quarter of 2023 marks another quarter of exceptional demand comparable growth(2), up 11.6%.
  • Adjusted net income was $40 million in the second quarter of 2023 compared to $39 million in the second quarter of 2022.
  • Adjusted EBITDA as a percent of net revenue improved 70 basis points to 20.4% in the second quarter of 2023, compared to 19.7% in the second quarter of 2022.

Dypius Partners with Conflux Network, Unveils NFT Marketplace and New Game Update

Retrieved on: 
Thursday, July 13, 2023

Furthermore, Dypius revealed its much-anticipated NFT Marketplace, supporting the Ethereum and BNB Chain mainnets.

Key Points: 
  • Furthermore, Dypius revealed its much-anticipated NFT Marketplace, supporting the Ethereum and BNB Chain mainnets.
  • To celebrate teaming up with Conflux Network, Dypius renamed the newly upgraded area as Conflux Headquarters (HQ).
  • Lastly, Dypius announced one of the most exciting features of the World of Dypians metaverse - the NFT Marketplace.
  • Following valuable user feedback, Dypius improved the World of Dypians NFT Marketplace to guarantee a smoother purchasing experience and a comprehensive user game account.