Owner to sell stake in Distinctive Designs

Knell, Michael J.
July 2007
Furniture/Today;7/23/2007, Vol. 31 Issue 45, p94
Trade Publication
The article focuses on the sale of Consolidated Mercantile Inc.'s investment interest in upholstery manufacturer and importer Distinctive Designs Furniture. It could be noted that the company owned 50.3 percent of Distinctive Designs, selling fabric and leather upholstery. However, its sales were down by $30.2 million as of 2006. This could be accounted by the continually strengthening Canadian dollar, difficult retail environment and increased competition.


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