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Tai Ping Carpets International's CEO ‍James Kaplan to retire with effect from 1 Jan 2018​

Thursday, 12 Oct 2017 08:54am EDT

Oct 12 (Reuters) - Tai Ping Carpets International Ltd <0146.HK>:‍Mark Stuart Worgan COO of company appointed as chief executive officer​.‍James H. Kaplan will be retiring as CEO with effect from 1 Jan 2018​.

Ethan Allen Interiors says ‍it expects to report an adj EPS in range of $0.27 to $0.28 for Q1​

Thursday, 12 Oct 2017 06:30am EDT

Oct 12 (Reuters) - Ethan Allen Interiors Inc :Ethan Allen Interiors Inc - ‍company's preliminary results reflect that total written orders for retail segment increased 1.7 percent for quarter​.Ethan Allen Interiors Inc - ‍expects to report consolidated net sales of $181.3 million for Q1​.Q1 revenue view $198.4 million -- Thomson Reuters I/B/E/S.Ethan Allen Interiors Inc - ‍company expects to report an adjusted EPS in range of $0.27 to $0.28 for Q1​.Ethan Allen Interiors Inc - ‍expects to report wholesale net sales of $111.6 million, and retail net sales of $141.6 million for Q1​.Q1 earnings per share view $0.45 -- Thomson Reuters I/B/E/S.Ethan Allen Interiors - ‍estimates that for quarter, total written orders for retail segment would have increased 2.5 percent without disruption from recent hurricanes​.Ethan Allen - ‍expects gross margin of 55.3 percent for Q1, an adjusted operating margin of approximately 6.8 percent for quarter.Ethan Allen Interiors - estimates hurricanes and first run production of new products disrupted consol net sales by about 7 percent to 8 percent for Q1​.Ethan Allen Interiors Inc - ‍estimates that hurricanes and first run production of new products reduced adjusted EPS by $0.14 to $0.15 for Q1​.Ethan Allen Interiors Inc - ‍Hurricane Harvey also disrupted co's wholesale logistics​.

Jiangsu Tongrun Equipment Technology unit to invest 35 mln yuan to set up toolbox cabinet company

Wednesday, 11 Oct 2017 10:12pm EDT

Oct 12(Reuters) - Jiangsu Tongrun Equipment Technology Co Ltd <002150.SZ> ::Says its unit will invest 35 million yuan to set up a Jiangsu-based toolbox cabinet company with partners.Says it will hold 70 percent stake in the target company.

Uk's CMA looks at Hunter Douglas-Bellotto Holdings deal

Tuesday, 10 Oct 2017 06:00am EDT

Oct 10 (Reuters) - UK'S COMPETITION AND MARKETS AUTHORITY (CMA)::‍CONSIDERING WHETHER COMPLETED ACQUISITION BY HUNTER DOUGLAS N.V. OF BELLOTTO HOLDINGS HAS RESULTED IN A RELEVANT MERGER SITUATION​.

IKEA Group full-year online sales +28 pct to around 5 pct of total sales

Tuesday, 10 Oct 2017 03:30am EDT

Oct 10 (Reuters) - Ikea Ab [RIC:RIC:IKEA.UL]:Ikea group ceo says e-commerce +28 percent in fy2016/17 to around 5 percent of total sales.Ikea group ceo says fy2016/17 operating margin is roughly in line with previous year's.

Goyo Intex to sell 100 pct stake in unit for 170 mln yen

Friday, 6 Oct 2017 02:44am EDT

Oct 6 (Reuters) - Goyo Intex Co Ltd <7519.T>:Says co plans to sell 100 percent stake (55,000 voting power) in Tokyo-based unit ReCI Inc, which is mainly engaged in system development and sales of housing industry, to unit's representative director on Oct. 6.Says transaction amount is 170 million yen .

Kid ASA ‍Q3 revenues rise 9.5 pct yoy​

Friday, 6 Oct 2017 01:30am EDT

Oct 6 (Reuters) - KID ASA :REVENUES FOR THE THIRD QUARTER OF 2017.‍Q3 REVENUES INCREASED BY +9.5% TO MNOK 343.8 (MNOK 314.1)​.‍Q3 ONLINE SALES INCREASED BY +35.9%​.

RICHELIEU REPORTS 15 PCT INCREASE IN SALES IN Q3

Thursday, 5 Oct 2017 10:05am EDT

Oct 5 (Reuters) - Richelieu Hardware Ltd ::RICHELIEU REPORTS A 15% INCREASE IN SALES AND A NEW ACQUISITION IN OHIO, U.S. IN THE THIRD QUARTER.Q3 EARNINGS PER SHARE C$0.31.Q3 SALES ROSE 15 PERCENT TO C$253.2 MILLION.

DFS Furniture says market remains very challenging​

Thursday, 5 Oct 2017 02:05am EDT

Oct 5 (Reuters) - DFS Furniture Plc :‍gross sales up 1.1% to £990.8 million (fy16: £980.4 million)​.‍revenue up 0.9% to £762.7 million (fy16: £756.0 million)​.‍ebitda down 12.7% to £82.4 million (fy16: £94.4 million)​.‍profit before tax down 22.3% to £50.1 million (fy16: £64.5 million)​.‍very challenging furniture market environment in second half leading to revenue and profit impacts for fy17​.‍uk furniture market continues to be very challenging and outlook for sector remains uncertain​.‍since early July our order intake has however been satisfactory​.‍seeing a limited decline in year-on-year like-for-like order intake​.‍expect to achieve modest, second-half weighted profit growth and good cash generation in current financial year​.

UK's CMA updates on DFS Furniture-Sofology deal

Monday, 2 Oct 2017 06:06am EDT

Oct 2 (Reuters) - UK's Competition and Markets Authority (CMA)::UK'S CMA SAYS CONSIDERING WHETHER ANTICIPATED ACQUISITION BY DFS FURNITURE OF SOFOLOGY LTD, IF CARRIED INTO EFFECT, WILL RESULT IN CREATION OF A RELEVANT MERGER SITUATION.

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