Monday, February 25, 2013

ETHAN ALLEN FURNITURE SELLING IN CHINA

WALL STREET JOURNAL : ETHAN ALLEN TURNS THE TABLES IN CHINA by James R. Hagerty  link to full article

EXCERPT : Furniture from China has gobbled an increasing share of the U.S. market in recent years, leading to the closure of hundreds of American factories. Now, turning the tables on their Asian rivals, two big U.S. producers are trying to sell more furniture in China.


The companies, Ethan Allen Interiors Inc. and Ashley Furniture Industries Inc., are pursuing different approaches. Most furniture Ethan Allen sells in China is made in its seven plants in the U.S. and Mexico. Ashley relies on furniture made at its own plant near Shanghai and elsewhere in Asia, though it ships small amounts from its eight plants in the U.S..."

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