Profile: Ethan Allen Interiors Inc (ETH.N)
26 May 2017
Ethan Allen Interiors Inc., incorporated on May 25, 1989, is an interior design company. The Company is a manufacturer and retailer of home furnishings. The Company operates in two segments, including wholesale and retail. The Company is an international home fashion brand doing business in North America, Europe, Asia and the Middle East. It offers complimentary interior design service to its clients, and sells a range of furniture products and decorative accents through ethanallen.com and a network of design centers in the United States and abroad. As of June 30, 2016, the Company owned and operated nine manufacturing facilities located in the United States, Mexico and Honduras. As of June 30, 2016, the Company distributed its products through three distribution centers, which are owned by the Company, and located in New Jersey, Oklahoma and Virginia.
The Company's wholesale segment is principally involved in the development of the Ethan Allen brand, including various aspects of design, manufacture, sourcing, sale and distribution of its range of home furnishings and accents. The Wholesale revenue is generated upon the wholesale sale and shipment of its products to its network of independently 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. As of June 30, 2016, the Company operated four case good plants (two in Vermont, including one sawmill, one in North Carolina and one in Honduras), four upholstery plants (three at its North Carolina campus, and one in Mexico) and one home accent plant in New Jersey. It also sources selected case goods, upholstery and home accent items from third-party suppliers domestically and abroad.
The Company's 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 independent interior designers through its interior design affiliate (IDA) program. The 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, 2016, the Company opened 10 new design centers, six of which were relocations.
Ethan Allen Interiors Inc
Ethan Allen Dr
PO Box 1966
DANBURY CT 6811