Office Furniture Sales Rise Despite High Unemployment

Design News 6.24.2011

Barron's reports: "Steelcase and Herman Miller both beat earnings expectations after the market closed, and shares of both office furniture companies rose after-hours... Office furniture is hot right now, even if the unemployment rate in the U.S. remains high. Apparently, employers are increasing their spending more on the furniture than on the people who sit on the furniture." The Editor at Large also picked up the story, with quotes from Steelcase and Herman Miller CEOs. More news and links below.DESIGN NEWS OF THE DAY

Furniture is Hot! Steelcase, Herman Miller Jump After-Hours | Barron's
Office Furniture Sales are on the Rise Despite Unemployment | Editor at Large
The NY Times Launches a New Sunday Section This Weekend | Women's Wear Daily
Chris Kennedy Steps Down as Pres. of Merch. Mart Properties | Home Accents Today
Daniel Libeskind Receives the 144th Annual AIANY Award | Architizer

Photo: Steelcase Cobi Chair

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