Profile: Ethan Allen Interiors Inc (ETH.N)
27 Feb 2015
Ethan Allen Interiors Inc. (Ethan Allen), incorporated on May 25, 1989, through its wholly owned subsidiary, Ethan Allen Global, Inc., is an interior design company. The Company is a manufacturer and retailer of home furnishings and accessories. The Company offers interior design service to its clients and sells a range of furniture products and decorative accents through ethanallen.com and a network of approximately 300 design centers in the United States. The Company owns and operates eight manufacturing facilities, including five manufacturing plants and one sawmill in the United States and a manufacturing plant in each of Mexico and Honduras. The Company operates in two segments, including wholesale and retail. The wholesale segment develops, designs, manufactures, sells and distributes home furnishings and accents. The retail segment is engaged in selling of home furnishings and accents to consumers.
The wholesale segment is engaged in the development of the Ethan Allen brand, encompasses all aspects of design, manufacture, sourcing, sale and distribution of home furnishings and accents. Wholesale revenue is generated upon the wholesale sale and shipment of its products to its network of operated design centers and Company operated design centers through its national distribution center. The wholesale segment also develops and implements related marketing and brand awareness programs. The Company operates four case good plants (two in Vermont, including one sawmill, one in North Carolina and one in Honduras), three upholstery plants (two in its North Carolina campus and one in Mexico) and one home accessory plant in New Jersey.
The retail segment sells home furnishings and accents to consumers through a network of Company operated design centers. The Company also offers access to its products to interior designers through its interior design affiliate (IDA) program. Retail revenue is generated upon the retail sale and delivery of its products to its retail customers through its network of service centers. As of June 30, 2014, the Company opened nine new design centers, six of which were relocations.
Ethan Allen Interiors Inc
ETHAN ALLEN DR,
PO Box 1966
DANBURY CT 06811