Innovation in Luxury Furniture with Technology to Set Trends

Luxury furniture showcases the elite quality and adds a significant aesthetic value to homes, offices, hotels, and other areas. Manufacturers are providing technical and aesthetic services by taking environmental factors into consideration. It is important to devise the general floor plan including materials selection, research on aesthetic-functional solutions, and the final choice of complements & accessories to furnish spaces.

Kindel Furniture Returns To The Hamilton Wrenn District:

Kindel Furniture, a leading luxury furniture manufacturer, is returning to the Hamilton Wrenn district after six years. New showrooms will include two high-end divisions, Karges Furniture and Councill. The company acquired Karges in 2014 and acquired various assets of Councill in the last year. The companies will be set up in about 2,500 square feet at 200 N. Hamilton St. Kindel will move from temporary space, which it shared with Karges in the Interhall section of the International Home Furnishings Center. Kindel acquired this space in 2010.  Amy Wolbert, Kindel Furniture’s senior vice president of marketing, stated that they are excited about moving to the Hamilton Wrenn district as they are returning back to where they started.

Rob Burch, president and CEO of Kindel Furniture, said, “The new showroom gives Kindel the opportunity to show all three brands together. It also complements company owner Jim Fisher’s vision to keep production for these luxury residential furniture manufacturers in the United States, particularly in the Grand Rapids, Mich., region, which was once the epicenter of U.S. furniture manufacturing in the before the industry shifted much of its production to North Carolina and Virginia in the early 1900s. The ability to make this beautiful, high-quality and hand-crafted furniture in Grand Rapids is part of a multi-year strategy Jim had us embark upon.”

Art Van Furniture Appoints New Vice President:

Art Van Furniture, the leading furniture & mattress retailer of Midwest and an independent furniture retailer, has appointed new vice president. They have promoted Jeanette McNamara to hold the responsibility of the company's luxury divisions. She will also oversee daily operations of Scott Shuptrine Interiors and Hillside Contemporary Furniture, a newly acquired firm by the company. In addition, she will play vital role in growth of each luxury division brand through stand-alone locations, in-store galleries, and an aggressive franchising portfolio plan.

"The luxury furniture segment of the market is a very important part of our business as it typically sets styles and trends that ultimately make their way to the middle market segment that makes up the bulk of our business," said Kim Yost, CEO of Art Van. "We believe that our involvement in this segment provides us with important credibility that further enhances our image for style within the larger Art Van brand."

Analysts studying the market have revealed a comprehensive information and statistics about changing market trends in research reports. Allied Market Research has added a report titled, “World Luxury Furniture Market - Opportunities and Forecasts, 2014 - 2020.” As per the report, the world luxury furniture market is expected to grow at a CAGR of 4.1% from 2015 to 2020 and estimated to reach $27.01 billion by 2020. The report offers an extensive analysis of key manufacturers, drivers & opportunities, and competitive scenario. Furthermore, the research provides value chain analysis, Porter’s five forces model, and SWOT analysis of key manufacturers.

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