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In 1966, Ekornes started production of lounge furniture. In 1971, Stressless® chairs were introduced on the Norwegian market. [3] [4] Jens E. Ekornes was the sole owner of the company until 1960, when his brothers Leif and Martin became co-owners in a joint stock company J. E. Ekornes Fabrikker AS. Upon his death in 1976, Martin Ekornes took ...
Schottenstein Stores Corp., based in Columbus, Ohio, is a holding company for various ventures of the Schottenstein family. Jay Schottenstein and his sons Joey Schottenstein , Jonathan Schottenstein , and Jeffrey Schottenstein are the primary holders in the company.
Late in 2001, Masco announced Furniture Brands International would buy Henredon, Drexel Heritage and Maitland-Smith for $275 million, in a deal expected to return Furniture Brands to the number one U.S. furniture manufacturer, a title lost to La-Z-Boy when that company bought LADD in 2000. [13]
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It is the parent company of the retail brands American Signature Furniture and Value City Furniture, and the manufacturer brand American Signature. American Signature Furniture [ 1 ] and Value City Furniture [ 2 ] sell residential furniture manufactured by American Signature, Inc., as well as more than 30 additional manufacturers from 125 ...
Jens Petter Ekornes started his career at the Ekornes factory as a laborer, and took education in Oslo. He rose in the hierarchy to become chief executive, except for a period between 1987 and 1990 when he tried to start ventures of his own in Ålesund. [2] Ekornes was a member of the central board of the Conservative Party until 2006.