Samson sales, earnings fall

Russell, Thomas
April 2008
Furniture/Today;4/21/2008, Vol. 32 Issue 32, p1
Trade Publication
The article reports that Samson Holding Ltd., the parent of case of goods importers Universal Furniture Ltd., Legacy Classic, and upholstery specialist Craftmaster Furniture, has dropped its sales and profit in 2007 in the U.S. The company's net profit has declined by 46.6% to $55 million. The company has attributed the drop in sales to weak retail demand caused by troubles in the housing market and the related subprime mortgage crisis.


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