STOCK TITAN

Ethan Allen, The Interior Design Destination, Celebrates Grand Reopenings

Rhea-AI Impact
(No impact)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary
Ethan Allen (ETH) Hosts Grand Reopening Celebrations, Reinventing as Interior Design Destination
Positive
  • Ethan Allen celebrates its 91st year with Grand Reopening events in Design Centers, showcasing new products and refreshed spaces.
  • Chairman, President, and CEO Farooq Kathwari highlights the company's focus on constant reinvention and major investments in technology and North American manufacturing.
Negative
  • None.

DANBURY, Conn., Nov. 20, 2023 (GLOBE NEWSWIRE) -- Ethan Allen recently hosted Grand Reopening celebrations in many of its Design Centers as part of a series of events unveiling the company’s reinvention as the Interior Design Destination.

Each ribbon-cutting offered guests a chance to peruse new products, meet each location’s interior designers and experience the newly refreshed and reimagined Design Center. Farooq Kathwari, Chairman, President and CEO, personally attended the New York City and Marlton, New Jersey events.

“We are celebrating our 91st year and have always focused on the concept of constant reinvention. We have made major investments in technology in all areas, most recently empowering our interior designers to work with clients by combining personal service and technology,” Mr. Kathwari noted.

alpharetta_GRO

“We have developed a strong network of entrepreneurial leaders and interior designers as well as strengthened our product offerings under the umbrella of classics with a modern perspective. We’ve made major investments in our North American manufacturing, where we produce about 75% of our products. In addition, we’ve developed a unique and efficient logistics system, which enables us to deliver our products at one cost nationally,” Mr. Kathwari continued.

During the next few months, Grand Reopening events will continue to roll out in even more locations. Images from each celebration will be featured at www.ethanallen.com/grandreopenings.

“We are proud to celebrate our culture of constant reinvention, excited to start the next phase of Ethan Allen’s journey, and pleased to welcome both present and future clients to the Interior Design Destination,” Mr. Kathwari concluded.

ABOUT ETHAN ALLEN
Ethan Allen (NYSE:ETD), recently named America’s #1 Premium Furniture Retailer and among America’s Top 10 Retailers by Newsweek, is a leading interior design destination combining state-of-the-art technology with personal service. Our design centers, which represent a mix of independent licensees and Company-owned and operated locations, offer complimentary interior design service and sell a full range of home furnishings, including custom furniture and artisan-crafted accents for every room in the home. Vertically integrated from product design through logistics, we manufacture about 75% of our custom-crafted products in our North American manufacturing facilities and have been recognized for product quality and craftsmanship since 1932. Learn more at www.ethanallen.com and follow us on Facebook, Instagram, and LinkedIn. 

CONTACT:
Catherine Plaisted
Vice President, Marketing
203.743.8565
catherine.plaisted@ethanallen.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/271637c9-46ce-4236-b505-0667d444bc3e


FAQ

What is Ethan Allen celebrating?

Ethan Allen is celebrating its 91st year with Grand Reopening events in its Design Centers.

Who attended the New York City and Marlton, New Jersey events?

Chairman, President, and CEO Farooq Kathwari personally attended the New York City and Marlton, New Jersey events.

What did Mr. Kathwari highlight about the company's focus?

Mr. Kathwari highlighted the company's focus on constant reinvention and major investments in technology and North American manufacturing.

Ethan Allen Interiors Inc

NYSE:ETD

ETD Rankings

ETD Latest News

ETD Stock Data

738.04M
25.42M
10.13%
80.08%
10.9%
Furnishings, Fixtures & Appliances
Wood Household Furniture, (no Upholstered)
Link
United States of America
DANBURY