by DANBURY, Conn., Dec. 08, 2022 (GLOBE NEWSWIRE) — Ethan Allen celebrated 90 years of innovation at its 2022 Virtual Convention held on December 7. The celebratory event included more than 4,000 associates watching and participating in presentations held at its headquarters and virtually throughout design centers, manufacturing plants, and distribution facilities around the globe, while physically present at their locations.
Under the theme “90 Years of Innovation,” the livestreamed Virtual Convention reviewed the company’s rich history in classic style with a modern perspective, the service of its vertically integrated manufacturing and logistics networks, the strengthening of the company’s retail network, and the importance of being an interior design destination. The company also showcased plans to strengthen its use of technology in various areas of its vertically integrated structure: within design centers, on the web, and throughout manufacturing, logistics, and product development.
Highlighting Ethan Allen’s strong market position as an interior design destination, the convention honored top-performing interior designers with Silver, Gold, Diamond, and Platinum Spirit Awards. The company also recognized outstanding interior design projects selected by designer peers.
Farooq Kathwari, Ethan Allen’s Chairman, President, and CEO, noted the competitive differentiators that set the company apart. “Most importantly, we are an interior design destination, and our retail business is based on service. With one of the world’s largest interior design networks, we have a great opportunity for combining talent with technology.”
“As we celebrate 90 years of innovation, our focus will be on continuing to position ourselves as an interior design destination and strengthening our vertically integrated structure,” Mr. Kathwari continued. “We are a vertically integrated company, from operating sawmills and lumberyards to manufacturing, retail, and logistics. Right now, about 75% of our products are made in North America. This enables us to control our destiny.”
