TITLE

Ekornes reports North American revenues

PUB. DATE
December 2008
SOURCE
Furniture/Today;12/1/2008, Vol. 33 Issue 13, p57
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the revenues generated by Norwegian upholstery specialist Ekornes ASA in North America. The company reported revenue rise of 6% in U.S. dollars for the first nine months of 2008. But in terms of home currency, Ekornes' revenues fell by 1.4% because of the changing exchange rate. Peter Bjerregaard, president of the U.S. unit, revealed that the company is trying to expand its distributor network and to pursue a marketing strategy to counteract the decline in sales.
ACCESSION #
35582395

 

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