On April 16, 2008, Hooker Furniture’s (NasdaqGS:HOFT - News) Board of Directors approved a $10 million increase in its authorization for repurchases of the Company’s common stock. On December 5, 2007, the Company announced that the Board had approved the repurchase of up to $10 million of the Company’s common stock. Through April 16, 2008, [...]

Hooker Furniture on Thursday approved a $10 million increase in its share buyback program.
The company currently has $3.2 million remaining under its previous buyback program, bring the total amount available for buybacks to $13.2 million.
Shares of Hooker Furniture rose 45 cents, or 2.2 percent, to $21.23 in aftermarket activity. The stock earlier fell 59 cents, [...]

Danny M. Chien, a Taiwanese citizen and resident of Shanghai, China, and Style Craft Furniture Co., Ltd., were each indicted today by a federal grand jury in Newark, N.J., on one count of smuggling, announced Ronald J. Tenpas, Assistant Attorney General for the Justice Departments Environment and Natural Resources Division and Christopher J. Christie, U.S. [...]

Furniture orders in January were 5 percent lower than in January 2007, Smith Leonard Accountants & Consultants of High Point reports.
Shipments in January were 7 percent lower than in December 2007 and 3 percent lower than in the previous January, Ken Smith, director of furniture services for Smith Leonard, writes in “Furniture Insights,” his monthly [...]

Washington, D.C., interior designer Darryl Carter is not as much of a household name as Ernest Hemingway and Humphrey Bogart, individuals who inspired previous lines for Thomasville Furniture. Nevertheless, Carter has created collections for Neiman Marcus stores, displayed work on home magazine covers and appeared on the television series “Dream House.”
Like some other companies’ collections [...]

Speaking of transitional, Lexington followed its resumption of issuing brands under its own name last fall with the spring introduction of Hancock Park, an elegant collection both traditional and modern.
Features include black and gold finishes, scalloped designs and jewel-like hardware.
The striking Whitley Heights Mirror, with dark-finished Indonesian mahonie wood surrounding concave glass, can dominate a [...]

Stanley expanded its Young America youth furniture brand, made primarily in Lexington and Robbinsville, with a new 4 Seasons collection of more than 30 pieces in four distinctive, lightly distressed colors.
With classic Louis Philippe styling, the line is intended to be formal, though simple, but also functional.
Trundle/storage units that can be added to beds can [...]

High Point furniture designer John Black creates pieces inspired by the great furniture of the 18th and 19th centuries but with the scale, proportion, function and finish aimed at today’s lifestyle. He usually includes some surprises as well.
“There seems to be a resurgence in interest in classical pieces,” said Brigette Breitenbach, a spokeswoman for Councill [...]

Just two years after its founding as a domestic manufacturer for Lexington Home Brands’ The World of Bob Timberlake collection, Linwood Furniture initiated a fourth line of its own.
Turento, named for a village in northern Italy and featuring Italian, French, Spanish and Portuguese design elements, is an eight-piece bedroom group crafted from cherry veneer and [...]

An affiliate of Sun Capital Partners served notice in documents posted Monday by the U.S. Securities and Exchange Commission that it plans to solicit proxies and elect its own candidates to the board of Furniture Brands International at Furniture Brands’ 2008 annual meeting.
Boca Raton, Fla.-based Sun Capital Partners, which is seeking a complete list of [...]