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Ethan Allen store, Ann Arbor, Michigan. Ethan Allen Interiors Inc. is an American manufacturer and retailer of home furnishings, incorporated in Delaware with executive offices in Danbury, Connecticut. As of June 30, 2023, the company reported net annual sales of $791.4 million. [2]
Nathan S. Ancell (August 22, 1908 – May 31, 1999) co-founded the Ethan Allen furniture company with his brother-in-law, Theodore Baumritter, in 1932. Together, the two men pioneered the concept of selling furniture in room-style settings and built the Ethan Allen company. [1] Today, Ethan Allen has sales of nearly $1 billion. [2]
Interco took on debt to discourage other offers, and the Rales group eventually backed off. But Interco could not make enough money by selling its unprofitable operations; [2] For example, selling Ethan Allen brought in $388 million rather than the expected $550 million. The company's debt had jumped from $300 million in 1988 to $2.6 billion in ...
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Ethan Allen (January 21, 1738 [O.S. January 10, 1737] [a] – February 12, 1789) was an American farmer, writer, military officer and politician. He is best known as one of the founders of Vermont and for the capture of Fort Ticonderoga during the American Revolutionary War, and was also the brother of Ira Allen and the father of Fanny Allen.