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Article: Table Trends/Decor sees Riviera growth.(Table Trends/Decor re-signs contract with Riviera/Van Beers for new outdoor collections)
- Article from:
- HFN The Weekly Newspaper for the Home Furnishing Network
- Article date:
- June 24, 1996
- Author:
CopyrightCOPYRIGHT 1996 MacFadden Communications Group LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK - In just six months as subsidiary to Arlee Home Furnishings Group, Table Trends/Decor, is already benefiting as part of a large, financially sound company. Arlee chief executive officer Bud Frankel said his strategy for the newcomer is to focus on product development and offer diversified products.
Last week Table Trends resigned a license with Riviera/ Van Beers to coordinate products for outdoors as well as the dining room and kitchen. Frankel estimated the licensee would do about $2.5 million in its 12-month period.
Table Trends, he noted, will hit close to $20 million, and Riviera should contribute approximately 10 to 12 percent of that business. ...