Furniture Weekly Brief: May 6–12, 2025
The furniture industry saw a dynamic week with key players announcing strategic moves and the ongoing impact of global trade policies remaining a central discussion point. From expansions in the retail sector to companies highlighting their focus on specific markets, the week showcased the diverse strategies employed within the furniture world. Tariffs continue to influence business decisions, with some domestic manufacturers seeing benefits while others express concerns about rising costs. Industry events also played a crucial role, providing platforms for showcasing new products and fostering connections.
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Lagoon Furniture Emphasizes Hospitality Focus at HD Expo 2025
Lagoon Furniture highlighted its strengthened focus on the hospitality sector at the HD Expo 2025 in Las Vegas. The company showcased new products like the Naples Chair with a bag hanger and the Venice Dining Table. To encourage engagement, Lagoon Furniture offered a 3% discount for purchases paid in full during the event. This strategic move aims to deepen relationships with design professionals and capitalize on the hospitality market’s growth potential.
Published: May 6, 2025
Lagoon Furniture Strengthens Hospitality Focus with New Highlights at HD Expo 2025 | Morningstar
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Bob Timberlake Furniture Sales Double Amid “Buy American” Sentiment
Bob Timberlake’s furniture line experienced a doubling of sales over the past year. This surge is largely attributed to customers seeking American-made products to avoid tariffs on imported goods. Timberlake believes this trend of “buying American” is not likely to diminish. This success story highlights an opportunity for domestic manufacturers in the current trade environment influenced by tariffs.
Published: May 12, 2025
"Made in America" furniture sales surge under President Trump's tariffs | wfmynews2.com
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Furniture Industry Grapples with Tariff Impact and Sourcing Strategies
A survey by Furniture Today indicated that 70% of furniture-related businesses anticipate a significant impact from tariffs, with over half expecting to raise prices. Despite some domestic manufacturers benefiting, many companies relying on overseas components face increased costs. The High Point Furniture Market saw a 14% decrease in international buyer traffic, suggesting a re-evaluation of global sourcing strategies due to geopolitical factors and trade tensions. The industry continues to navigate the complexities of global trade and tariff policies.
Published: May 6, 2025
US furniture manufacturing faces pressure from global trade, tariff policies | Fox Business
Tools & Tips
- Exploring Augmented Reality for Furniture Sales: Consider leveraging Augmented Reality (AR) technology to enhance your online sales. AR apps allow customers to visualize furniture in their own spaces before purchasing, potentially increasing buyer confidence and reducing returns.
- Sustainability in Furniture Sourcing: As consumer demand for eco-friendly options grows, explore sourcing materials like reclaimed wood, recycled metal, and sustainably harvested timber. Certifications like FSC can help identify responsibly sourced materials.
Fun Fact
Did you know that the word “furniture” comes from the French word “fournir,” which means “to furnish”? The earliest forms of furniture were quite basic, often made from natural materials like animal hides and tree stumps.
We’d love to hear from you!
Have you experienced recent shifts in sourcing furniture materials or noticed new design trends impacting your business? Share your experiences or insights with us—we’re featuring selected community voices in next week’s edition.