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The company was founded as a housewares manufacturer in 1932 by Theodore Baumritter and his brother-in-law Nathan S. Ancell. They bought a bankrupt furniture factory in Beecher Falls, Vermont in 1936 and adopted the name "Ethan Allen" for its early-American furniture introduced in 1939, after the Vermont Revolutionary War leader Ethan Allen.
In 1980, Interco added furniture as a major division. [2] That year the company bought Ethan Allen Inc. for $150 million. [8] In 1980 Interco took over Broyhill Furniture, a North Carolina company that was the world's largest privately owned furniture maker, with 20 factories and 7,500 employees.
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]
Lambeth Furniture began in 1901 and was sold to Knox Furniture in 1928 and Thomasville Chair in 1932. [1] B.F. Huntley Furniture began in 1906 on Patterson Avenue in Winston-Salem, North Carolina and grew into the largest bedroom and dining room furniture manufacturer in the country. Its Winston-Salem plant burned in 1956, though a two-story ...
Here's the current margin snapshot for Ethan Allen Interiors over the trailing 12 months: Gross margin is 54.2%, while operating margin is 7.4% and net margin is 7.2%.
A 1970s hotel bathroom with characteristic color patterns associated with 1970s decor. Furniture of the 1970s refers to the style of furniture popular in the 1970s. Often, the furniture would be laid with bold fabric patterns and colors. [1] Bold designs and prints were also used profusely in other decor. [1]