News

La-Z-Boy reaps benefits of moving production abroad

20/08/2014

Leather sofa brand La-Z-Boy has reported a 7% increase in sales for the first quarter of its fiscal 2015 to reach $327 million. Sales in the upholstery segment increased 6.8% to $262.9 million from $246.1 million in the prior year's first quarter. CEO Kurt Darrow said: “We continued to invest in our business with incremental spending on...

To continue reading this story, please sign in or register.