18th-century American general
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The predominant theme of this podcast episode revolves around the stark observation that growth within the furniture industry is increasingly derived from operational efficiencies rather than an influx of customers. Throughout our discussion, we meticulously examine the earnings reports of prominent companies, noting that many have managed to enhance their profit margins despite a decline in sales volume. For instance, Ethan Allen, a notable player in the market, experienced a reduction in net sales yet simultaneously improved its gross margin, demonstrating a strategic focus on operational excellence and customer service rather than reliance on volume sales. Furthermore, we delineate the broader market trends, including a shift in consumer purchasing behavior towards home remodeling rather than new home construction, indicating a recalibration of marketing and product strategies for furniture retailers. As we navigate these complexities, we emphasize the critical importance of structural adjustments and strategic foresight in fostering resilience within a challenging economic landscape. The current landscape of the furniture industry reveals a profound divergence in growth strategies among companies, as evidenced by the recent earnings reports. A salient observation is that a majority of industry players did not achieve revenue growth through increased sales volume; rather, growth appears to be predicated on operational efficiencies and margin improvements. For instance, Ethan Allen, despite witnessing a decline in net sales by approximately 5.7% to just under $580 million, successfully enhanced its gross margin to 61.2%. This achievement can be attributed to a strategic focus on manufacturing capabilities, as the company produces approximately 75% of its custom furniture in North American facilities, coupled with an emphasis on complementary interior design services over aggressive pricing strategies. Such operational discipline not only mitigates the adverse effects of declining sales but also showcases a robust business model that prioritizes quality and service over mere volume. In contrast, HNI's recent earnings, which reported a staggering 121% increase in net sales primarily due to the acquisition of Steelcase, presents a more complex narrative. While the headline figure is impressive, organic growth was virtually stagnant at a mere 0.1%. The subtleties of the earnings release reveal that while acquisitions can provide substantial short-term boosts, they do not necessarily correlate with underlying business vitality. The residential building products segment, for example, experienced a decline in sales yet saw a significant increase in operating margins, indicating that industry dynamics are shifting towards remodeling and retrofit work rather than new home construction. This pivot reflects broader economic trends and consumer behaviors that favor upgrades to existing homes, further complicating traditional metrics of success in the furniture sector. Moreover, the nuances of consumer sentiment are captured in the recent consumer surveys, which indicate a duality in purchasing intentions amidst economic uncertainty. Notably, despite a decline in the Conference Board's consumer confidence index, furniture remains one of the most desired durable goods for upcoming purchases. This paradox illustrates that while consumers may express hesitancy regarding the overall economic climate, their intent to acquire furnishings persists, underscoring the complexities that businesses must navigate in their strategic planning. As we analyze these trends, it becomes evident that companies that have proactively addressed structural challenges and operational efficiencies are the ones poised for success, while those reliant on traditional sales growth strategies may face significant headwinds in the evolving marketplace.Takeaways:In the current landscape of the furniture industry, growth is not principally derived from increased customer footfall, but rather from the structural capabilities and operational efficiencies of companies.Ethan Allen's financial performance illustrates that even amidst declining sales, a company can enhance its profit margins by focusing on operational discipline and maintaining a robust production infrastructure.The fluctuating dynamics between remodeling and new home construction expenditures indicate that furniture retailers must recalibrate their marketing strategies towards existing homeowners rather than solely targeting new buyers.Recent consumer sentiment studies reveal a paradox wherein, despite prevailing economic pessimism, furniture remains a highly desired purchase, suggesting an intriguing dichotomy in consumer behavior and economic outlook.The implications of trade dynamics, particularly with Canada, underscore that tariffs do not merely affect pricing but also fundamentally alter demand patterns for domestic manufacturers within the furniture sector.As companies navigate the complexities of execution, it is critical to address backend integration issues, as inefficiencies in data movement can severely hinder operational effectiveness and customer satisfaction.
Final Orders Pt. 1: Love Like Jesus Louie Marsh, 7-19-2026 Famous Last Words - Friends applaud, the comedy is finished. ~~ Ludwig van Beethoven, composer, d. March 26, 1827 I am about to -- or I am going to -- die: either expression is correct. ~~ Dominique Bouhours, French grammarian, d. 1702 Waiting are they? Waiting are they? Well--let 'em wait. In response to an attending doctor who attempted to comfort him by saying, "General, I fear the angels are waiting for you."~~ Ethan Allen, American Revolutionary general, d. 1789 Am I dying or is this my birthday? When she woke briefly during her last illness and found all her family around her bedside.~~ Lady Nancy Astor, d. 1964 How were the receipts today at Madison Square Garden? ~~ P. T. Barnum, entrepreneur, d. 1891 Now comes the mystery. ~~ Henry Ward Beecher, evangelist, d. March 8, 1887 I am ready to die for my Lord, that in my blood the Church may obtain liberty and peace. ~~ Thomas à Becket, Archbishop of Canterbury, d.1170 See in what peace a Christian can die. ~~ Joseph Addison, writer, d. June 17, 1719 1) LOVE everyone like Christ 34 A new commandment I give to you, that you love one another: just as I have loved you, you also are to love one another. 35 By this all people will know that you are my disciples, if you have love for one another." John 13:34-35 (ESV) · A NEW kind of Love Loving one another was an old command; Loving like Jesus did was NEW! · The World Is Our JUDGE. This was true in the early church. Minucius Felix said about Christians, "They love each other even without being acquainted with each other." Julian said, "Their master has implanted the belief in them that they are all brethren." · This is the MARK of the Christian In his commentary of John's letters Jerome writes that when the Apostle John was asked why he constantly said, "Little children, love one another," he replied, "Because this is the precept of the Lord, and if only this is done it is enough." "2And if I have prophetic powers, and understand all mysteries and all knowledge, and if I have all faith, so as to remove mountains, but have not love, I am nothing." (1 Corinthians 13:2, ESV) APPLICATION PROJECT: Honestly examine your life and ask God to help you love more like Christ in the weak areas you find. 2) DEVELOP a servant's heart. 3 Jesus, knowing that the Father had given all things into his hands, and that he had come from God and was going back to God, 4 rose from supper. He laid aside his outer garments, and taking a towel, tied it around his waist. 5 Then he poured water into a basin and began to wash the disciples' feet and to wipe them with the towel that was wrapped around him. John 13:3-5 (ESV) · Ministry = Service = HUMILITY. Foot Washing The menial nature of it in Jewish eyes is shown in its inclusion among works which Jewish slaves shouldn't be required to do. It was something only Gentile slaves, or wives or children did. The mother of Rabbi Ishael wished to wash his feet when he returned from Synagogue, he refused, she asked court of rabbis to rebuke him! They didn't. The tying of the towel had meaning to Jews. Their tradition taught that when Hagar was sent away by Abraham she took her shawl and tied it around her loins "that people should know that she was a slave." Foot washing was a symbolic act of welcome and refreshment to a guest. Servant love does for the soul what foot washing did for the feet - it refreshes, cleans, and makes you feel welcome and accepted! · A Servant's heart shows itself in ACTION. APPLICATION PROJECT: Find one selfless action you can do this week to serve someone – and do it! 3) ACCEPT service from others gracefully. 6 He came to Simon Peter, who said to him, "Lord, do you wash my feet?" 7 Jesus answered him, "What I am doing you do not understand now, but afterward you will understand." 8 Peter said to him, "You shall never wash my feet." Jesus answered him, "If I do not wash you, you have no share with me." John 13:6-8 (ESV) · Peter's Problem – PRIDE. He could not believe his Lord would do this! His response in Greek literally reads, "Master, you - my.." or "Master, you - me..." The impression is given of Peter sputtering in astonishment! He tried to be Lord of the Lord! never = "forever" strongest form of negation! Jesus says if he refuses he has "no part" of Him. Word part used among the Jews as having part of an inheritance, especially in the Promised Land and the Kingdom of God. He got the message? But he didn't really understand it! Our Problem Pride cuts two ways, refusing to serve, or to be served. Example of the latter - how hard it was for me to let people wash my feet in a foot washing ceremony I was in. Refusal to receive service and acts of love isn't humility - it's rooted in pride. It also kills any chance of people showing your their love. "35In all things I have shown you that by working hard in this way we must help the weak and remember the words of the Lord Jesus, how he himself said, 'It is more blessed to give than to receive.' "" (Acts 20:35, ESV) If no one receives then no one can give. APPLICATION PROJECT: If you have this kind of hidden pride, make it a goal this week to allow others to serve you. · ALLOW God to work deeply in you. Something deeper here as well. This goes beyond just accepting service, as hard as that might be for some of us. By doing something so offensive and alien to their culture I believe Jesus is trying to make them face many other issues deep inside them, to allow God to root them out and replace them with Godly responses. 13 for it is God who works in you, both to will and to work for his good pleasure. Philippians 2:13 (ESV) That energy is God's energy, an energy deep within you, God himself willing and working at what will give him the most pleasure. Phil. 2:13 (Mes) How do we do this? We have to be willing to face what we fear or hate the most and allow God to touch us in places where we don't want to be touched. The late Mark Heard talked a bit about this in a great song, Winds of Time: It takes more than a good intention, it takes more than a cursory line, it takes more than mortal vigor, to withstand the winds of time. It takes a saturated soul, and a faith that will never let go! You only get a saturated soul by letting God work deep and long in your soul. 4) RELATE to others as an equal. 12 When he had washed their feet and put on his outer garments and resumed his place, he said to them, "Do you understand what I have done to you? 13 You call me Teacher and Lord, and you are right, for so I am. 14 If I then, your Lord and Teacher, have washed your feet, you also ought to wash one another's feet. 15 For I have given you an example, that you also should do just as I have done to you. 16 Truly, truly, I say to you, a servant is not greater than his master, nor is a messenger greater than the one who sent him. 17 If you know these things, blessed are you if you do them. John 13:12-17 (ESV) First he SHOWS love. By doing the act of the lowest slave, or person. Second He tells us to do the same. We are ALL equals, watch out for attitudes, actions, titles, etc that raise you above others. We're all equal under God! · UNDERSTAND your unique relationship with Jesus Notice what Jesus says about His relationship with them – 1 Working together with him, then, we appeal to you not to receive the grace of God in vain. 2 Corinthians 6:1 (ESV) You are God's Partner – IF you give your life to Christ and let Him be your Forgiver and Leader. 5) LIVE for God's Glory "31When he had gone out, Jesus said, "Now is the Son of Man glorified, and God is glorified in him. 32If God is glorified in him, God will also glorify him in himself, and glorify him at once." (John 13:31–32, ESV) How do I do this? 1) I give my life Christ, and make Him my Forgiver and Leader 2) I make Him and His Kingdom 1st place in my life 3) I allow God to work deep in me, to transform my character into Christ-likeness.
Farooq Kathwari, CEO of Ethan Allen Interiors, caught up with Barron's editor at large Andy Serwer. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
The prevailing narrative within the furniture industry has crystallized around the notion that, despite a reduction in attendance and consumer traffic, the caliber of buyers engaging with retailers has markedly improved. We discern a significant divergence in consumer sentiment, wherein individuals are increasingly prepared and informed, culminating in enhanced conversion rates. This episode meticulously examines the implications of recent developments, particularly the High Point Market's subdued attendance juxtaposed with an influx of new exhibitors and positive feedback from attendees, suggesting a more discerning market landscape. Furthermore, we delve into strategic shifts among retailers, emphasizing the importance of clarity and consistency in messaging rather than radical reinvention. As we navigate through the complexities of current market dynamics, including the ramifications of tariffs and evolving consumer confidence, we arrive at the critical understanding that success in this environment hinges not on the quantity of foot traffic but rather on the quality of engagement with the right clientele. A critical examination of recent occurrences within the furniture industry reveals a landscape characterized by both notable challenges and promising opportunities. The High Point Market has once again emerged as a pivotal event, functioning as a barometer of the industry's overall vitality. Attendance figures, while ostensibly disappointing at a 1% decrease compared to the previous year, mask a more intricate reality. The decline in attendance from large retailers juxtaposed with a rise in international participation, alongside the registration of over 1,200 new companies, paints a picture of an industry that is, despite some adversity, witnessing an influx of innovation and fresh perspectives. The sentiment expressed by attendees, who largely characterized their experiences as positive, reinforces the notion that while the quantity of visitors may be diminishing, the quality of engagement has significantly improved, with many attendees arriving with a clear intent to purchase rather than merely browse. The discussion surrounding marketing strategies employed by retailers further elucidates the adaptive measures being taken in response to evolving consumer behavior. Insights gleaned from a survey of independent retailers reveal a predominant pivot towards social media as a vital platform for customer engagement. Notably, it is not merely the choice of platform that dictates success; rather, it is the clarity and consistency of the messaging that resonates with consumers. Retailers that have succeeded in this challenging environment are those who have focused on reinforcing their established value propositions rather than attempting to reinvent their business models. The increasing emphasis on video content as a means to engage consumers more effectively highlights a significant shift in marketing strategies, enabling potential buyers to visualize products in a dynamic manner that static images fail to achieve. This evolution underscores the necessity for retailers to adapt their marketing approaches to effectively cater to the more informed and decisive consumers of today. Amidst these industry-specific developments, external economic factors such as consumer confidence and tariff policies play a crucial role in shaping the landscape. The recent fluctuations in the consumer confidence index reveal an uneven sentiment among different demographic groups, with older consumers exhibiting caution in their purchasing behaviors while younger consumers display a growing sense of optimism. This divergence necessitates a strategic reevaluation of marketing approaches to resonate with both cautious and confident buyers. Additionally, the ruling regarding tariffs presents a dual-edged sword; while some firms may stand to benefit from potential refunds, the uncertain environment surrounding new tariffs demands careful consideration of sourcing and pricing strategies. As the industry continues to adapt to these multifaceted challenges, it is imperative for retailers to focus on building trust and fostering genuine relationships with their customers, as these elements will be increasingly vital in navigating the complexities of the contemporary marketplace.Takeaways:The recent High Point Market revealed that while attendance was slightly down, the quality of buyers present was notably higher, indicating a shift towards more deliberate purchasing behavior.Retailers are increasingly leveraging social media platforms such as TikTok, moving away from traditional advertising methods, yet the core message remains paramount and should be clear and consistent.Wayfair's strategic opening of physical stores not only validates the importance of brick-and-mortar retail but also signals a significant shift in the competitive landscape for furniture retailers.The consumer confidence index indicates a disparity in sentiment, with older consumers exhibiting caution while younger buyers demonstrate increased optimism, necessitating targeted marketing strategies for diverse demographics.Ethan Allen's performance underscores a broader trend: even amidst declining sales, effective cash flow management allows companies to remain stable and operationally disciplined in challenging economic conditions.The recent ruling on tariffs presents both an opportunity for refunds and a pivotal moment for furniture companies to reassess their sourcing and pricing strategies in light of ongoing trade uncertainties.
Ethan Allen CEO Farooq Kathwari discusses how retailers are navigating tariffs one year since President Trump's "Liberation Day." This comes as the Trump Administration announces the US will maintain 50% tariffs on many imported steel, aluminum and copper products, while simplifying duties for goods made with negligible amounts of the metals. He speaks with Bloomberg's Scarlet Fu and Katie Greifeld.See omnystudio.com/listener for privacy information.
Fitzy reveals a day of gluttony, prepping for the comedy show....Ethan Allen makes heavy furniture and more
Farooq Kathwari, CEO of Ethan Allen Interior (ETD), joins to discuss the “challenging” environment and how the company is navigating it. By focusing business and manufacturing mostly in North America, they are avoiding geopolitical conflict. Delivering directly to clients has allowed them to build a robust logistics network, and client relationships have retained loyalty. Farooq also previews what's ahead for Ethan Allen in the next few years. ======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about
March 16, 2026 In early 1775, Boston was bitterly divided, The British occupied the town as Patriots built fortifications, Militiamen led by Benedict Arnold and Ethan Allen seized cannons and other weapons from Fort Ticonderoga, 300 miles away, The Second Continental Congress created the Continental Army, appointing George Washington as commander in chief, Henry Knox, a friend of Washington, developed a plan to retrieve the Fort Ticonderoga cannons and bring them to Boston, After several grueling months, the cannons were delivered, As British soldiers and Washington's men traded fire in Boston, Patriots fortified the town. In a major victory for the Patriots, the British negotiated the evacuation of soldiers and loyalists from Boston, Evacuation bolstered the Patriot cause as a just and winning one. Less than four months later, Patriots took the extraordinarily daring step of declaring independence from the King. Watch today's recording here: https://www.youtube.com/live/g9TUa1Rwd6U?si=T8_KKcHQZElhpnZ-Get full, free access to Letters from an American here: https://heathercoxrichardson.substack.com/subscribeYou can also find me:Bluesky: https://bsky.app/profile/hcrichardson.bsky.socialInstagram: https://www.instagram.com/heathercoxrichardson/?hl=enFacebook: https://www.facebook.com/heathercoxrichardson/YouTube: https://www.youtube.com/@heathercoxrichardson Get full access to Letters from an American at heathercoxrichardson.substack.com/subscribe
On March 17, 1776, the British evacuated Boston, driven out by cannon hauled 300 miles through winter wilderness from a crumbling fort in upstate New York. Join Matthew Keagle, Curator at Fort Ticonderoga, as we trace the fort's dramatic history from its French origins in the Seven Years' War, its chaotic capture by Ethan Allen and Benedict Arnold in May 1775, and Henry Knox's legendary expedition to move nearly 60 tons of artillery to George Washington's army. Discover the logistics, rivalries, and resourcefulness behind one of the Revolution's most remarkable feats. Show Notes: https://www.benfranklinsworld.com/436 EPISODE OUTLINE00:00:00 Introduction00:06:26 British Withdrawl from Boston00:07:55 Fort Ticonderoga's Origins00:25:05 British Capture of Fort Ticonderoga, 175600:28:04 British Improvements to Fort Ticonderoga00:32:44 American Capture of Fort Ticonderoga, 177500:49:06 Henry Knox's Expedition01:04:46 Cannon on Dorchester Heights01:10:36 British Evacuation of Boston01:13:43 Legacy of Knox's Noble Train of Artillery01:17:36 Visiting Fort Ticonderoga01:24:65 ConclusionRECOMMENDED NEXT EPISODES
On March 17, 1776, the British evacuated Boston, driven out by cannon hauled 300 miles through winter wilderness from a crumbling fort in upstate New York. Join Matthew Keagle, Curator at Fort Ticonderoga, as we trace the fort's dramatic history from its French origins in the Seven Years' War, its chaotic capture by Ethan Allen and Benedict Arnold in May 1775, and Henry Knox's legendary expedition to move nearly 60 tons of artillery to George Washington's army. Discover the logistics, rivalries, and resourcefulness behind one of the Revolution's most remarkable feats. Show Notes: https://www.benfranklinsworld.com/436 EPISODE OUTLINE00:00:00 Introduction00:06:26 British Withdrawl from Boston00:07:55 Fort Ticonderoga's Origins00:25:05 British Capture of Fort Ticonderoga, 175600:28:04 British Improvements to Fort Ticonderoga00:32:44 American Capture of Fort Ticonderoga, 177500:49:06 Henry Knox's Expedition01:04:46 Cannon on Dorchester Heights01:10:36 British Evacuation of Boston01:13:43 Legacy of Knox's Noble Train of Artillery01:17:36 Visiting Fort Ticonderoga01:24:65 ConclusionRECOMMENDED NEXT EPISODES
Days after the Supreme Court delivered a major blow to President Trump's trade agenda, many questions remain regarding the future of American commerce. Despite the ruling, the President has vowed to use alternative authorities to impose tariffs—announcing on Saturday an increase in new global tariffs to 15 percent. Meanwhile, uncertainty loomed over whether the government will be forced to refund billions already collected. Victor Owen Schwartz, owner of VOS Selections, was a plaintiff in one of the landmark cases that led the High Court to strike down the administration's emergency tariff powers. He joins FOX Business Network's Lydia Hu to discuss the historic ruling and his fight for a refund. Then, Lydia speaks with Farooq Kathwari, Chairman and CEO of Ethan Allen, about how the furniture giant is navigating the shifting trade landscape and what a potential refund could mean for the publicly traded company. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Days after the Supreme Court delivered a major blow to President Trump's trade agenda, many questions remain regarding the future of American commerce. Despite the ruling, the President has vowed to use alternative authorities to impose tariffs—announcing on Saturday an increase in new global tariffs to 15 percent. Meanwhile, uncertainty loomed over whether the government will be forced to refund billions already collected. Victor Owen Schwartz, owner of VOS Selections, was a plaintiff in one of the landmark cases that led the High Court to strike down the administration's emergency tariff powers. He joins FOX Business Network's Lydia Hu to discuss the historic ruling and his fight for a refund. Then, Lydia speaks with Farooq Kathwari, Chairman and CEO of Ethan Allen, about how the furniture giant is navigating the shifting trade landscape and what a potential refund could mean for the publicly traded company. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Days after the Supreme Court delivered a major blow to President Trump's trade agenda, many questions remain regarding the future of American commerce. Despite the ruling, the President has vowed to use alternative authorities to impose tariffs—announcing on Saturday an increase in new global tariffs to 15 percent. Meanwhile, uncertainty loomed over whether the government will be forced to refund billions already collected. Victor Owen Schwartz, owner of VOS Selections, was a plaintiff in one of the landmark cases that led the High Court to strike down the administration's emergency tariff powers. He joins FOX Business Network's Lydia Hu to discuss the historic ruling and his fight for a refund. Then, Lydia speaks with Farooq Kathwari, Chairman and CEO of Ethan Allen, about how the furniture giant is navigating the shifting trade landscape and what a potential refund could mean for the publicly traded company. Learn more about your ad choices. Visit podcastchoices.com/adchoices
The salient point of this episode centers on the discernible decline in consumer demand within the furniture industry, as evidenced by recent financial performance metrics and shifting consumer behaviors. We delve into the fiscal results of Ethan Allen, which, while reporting a slight decrease in sales, managed to uphold its profit margins through prudent cost management and operational efficiency. The episode further highlights an overarching trend of consumer caution, as evidenced by a significant drop in planned spending on furniture, which is now regarded as a discretionary purchase amidst a backdrop of declining consumer confidence. Additionally, we explore the evolving landscape of design, emphasizing the increasing demand for functionality and personal expression in home interiors, driven by an aging population and demographic shifts. Finally, we address the restructuring challenges faced by retailers and suppliers, underscoring the necessity for adaptability and strategic foresight in navigating the complexities of the current market environment. A comprehensive exploration of the current state of the furniture industry reveals several critical shifts and trends that demand the attention of stakeholders. The episode commences with a reflection on recent earnings reports, particularly focusing on Ethan Allen's fiscal second quarter performance. The company experienced a decline in sales, approximately under 5%, while the wholesale sector faced a significant downturn nearing 9% year-over-year. However, amidst this decline, Ethan Allen demonstrated resilience in maintaining robust profit margins, with gross margins exceeding 60%. This juxtaposition of declining sales against stable profitability underscores a broader trend wherein consumers are exercising increased caution in their purchasing decisions, opting for selective buying rather than impulsive expenditures. The episode elucidates how this cautious consumer behavior is echoed in the latest consumer confidence reports, indicating a palpable decrease in sentiment and a notable reluctance to invest in big-ticket items such as furniture. As the discussion unfolds, we delve into the implications of these trends on retail strategies. There emerges a clear necessity for retailers to pivot their messaging towards value and longevity, steering away from the promotion of discretionary upgrades. This strategic recalibration is paramount, as the episode highlights the overarching narrative of consumers prioritizing practical and utilitarian purchases in times of economic uncertainty. Moreover, the episode shifts its focus towards the evolving landscape of design trends, as articulated by the American Society of Interior Designers. The influence of an aging population and the burgeoning demand for personalization in design underscore a transformative period for the furniture industry, where functionality increasingly intertwines with aesthetic value. The episode concludes by examining ongoing restructuring within the retail sector, particularly the bankruptcy proceedings involving Buddy Mac Holdings and the implications of supplier exits, such as Olivia and Quinn. These developments paint a complex picture of an industry at a crossroads, where short-term challenges coexist with long-term demographic shifts, urging professionals to navigate this intricate terrain with foresight and adaptability.Takeaways:The financial performance of Ethan Allen indicates a notable decline in sales, yet the company has managed to maintain healthy profit margins, suggesting effective cost control measures.Consumer confidence has markedly decreased, leading to a reduction in planned expenditures on furniture, which is often perceived as a discretionary purchase during economic uncertainties.
The President taking to social media to announce plans for future tariffs on furniture not made in the U.S. The CEO of Ethan Allen joins the show with his reaction. Producing 75% of products in North America. Then the CEO of Carnival Cruise Line reacts to earnings after raising guidance. What he sees as the growth drivers for bookings. Plus Electronic Arts taken private in the biggest buyout deal of all time. A look at the investors behind that $55B deal. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
David speaks with Mary Collins, discussing her work as a 6th-generation Vermonter, being active in her community through her work and her spare time. in the 2nd hour, David will be joined by Melinda Moulton to talk about her journey with activism, business development in Burlington, bringing the train to the waterfront, and her and Rick's new documentary on Ethan Allen
Furniture maker Ethan Allen manufactures about 75% of its products in North America, almost half in the US. Farooq Kathwari, Ethan Allen Chairman, President & CEO, says setting up efficient manufacturing in the US has given the company an advantage against tariff uncertainties, however some prices are expected to increase and they are seeing a drop in store traffic amidst a slow housing market. He speaks with hosts Matt Miller and Dani Burger. See omnystudio.com/listener for privacy information.
What a story about the American incursion into Canada, 1774-1776! Mark R. Anderson learned about this episode in a military history class--and then, as an officer in the United States Air Force during the Iraq and Afghanistan campaigns earlier in this century, he recalled what he had learned, and wanted to find a good book on the Canadian campaign. Finding none, he wrote The Battle for the Fourteenth Colony: America's War of Liberation in Canada, 1774–1776, explores this fascinating chapter of the Revolution, with its lessons learned and forgotten. Tell us what you think! Send us a text message!
The furniture industry is currently navigating a landscape fraught with challenges, primarily stemming from recent tariff adjustments enacted by the current administration. Effective August 7th, the universal tariff rate of 10% will persist, with additional tariffs imposed on nations exhibiting significant trade deficits with the United States; for instance, South Africa will endure a hefty 30% tariff, while India and Taiwan will face 25% and 20% tariffs, respectively. Such developments can be construed as a double-edged sword; while they aim to protect domestic interests, they concurrently impose heightened costs on importers, which the National Retail Federation warns will ultimately be passed on to consumers. Consequently, we anticipate a ripple effect throughout the industry, marked by escalated prices, contraction in hiring, and a reduction in capital expenditures, thereby complicating the operational landscape for furniture retailers and manufacturers alike.In parallel, the episode delves into the nuances of the housing market, whose fluctuations directly influence furniture sales. Recent data indicates that pending home sales have declined by 2.8% compared to June 2024, a trend that poses significant implications for the furniture sector, which typically sees a surge in demand corresponding to increased real estate activity. Particularly striking is the 7.3% year-over-year contraction observed in the western region, underscoring the need for retailers to recalibrate their sales strategies in light of these economic realities. Nevertheless, there exists a countervailing narrative, as the Realtors Confidence Index reports an uptick in home buyer and seller traffic, suggesting that despite current market headwinds, there may be a forthcoming revival in housing activity, thus revitalizing demand for furniture products.The discussion further extends to the evolving expectations of customer service across generational cohorts, an aspect that is becoming increasingly critical for retailers in the furniture domain. A recent survey reveals that only 20% of consumers believe customer service has improved, while a disconcerting 42% feel it has declined. This generational divide is particularly pronounced; a mere 12% of Gen X and Baby Boomers express optimism regarding service enhancements, in stark contrast to the more favorable outlook of younger consumers, with 29% of Gen Z and 31% of Millennials recognizing advancements. This indicates a profound shift in consumer expectations, particularly among younger demographics who demand exceptional service coupled with rapid resolution of issues. As we navigate these complex dynamics, it becomes imperative for furniture retailers to refine their customer service frameworks to not only meet but exceed the expectations of a discerning customer base, thus ensuring sustained engagement and loyalty in an increasingly competitive marketplace.Takeaways: The impending tariff changes, effective August 7th, will significantly impact furniture imports from countries like South Africa, India, and Taiwan, complicating industry pricing strategies. The National Retail Federation warns that tariffs are ultimately taxes borne by US consumers, leading to higher prices and potential reductions in hiring and capital expenditures across the furniture sector. Despite a decline in pending home sales, there remains a positive trend in buyer and seller traffic, suggesting that market conditions may improve and stimulate furniture sales in the near future. Customer service expectations are evolving, particularly among younger generations, necessitating that furniture retailers adapt their service strategies to meet the higher standards of consumers today. Companies such as Haverty's and Ethan Allen are navigating tariff-induced uncertainties while focusing on efficiency and expansion, indicating a resilient approach in a...
For the week of July 23, 1775: A company of Pennsylvania Riflemen join the Siege of Boston. Congress appoints Benjamin Church as Surgeon General, and Benjamin Franklin as Postmaster General. The Green Mountain Boys ditch Ethan Allen, and other events from the week. Learn more about your ad choices. Visit megaphone.fm/adchoices
We welcome one of the fastest rising PROGRESS stars, one half of the Young Guns, ETHAN ALLEN to the show! He runs through his entire Progress Wrestling journey, teaming with Luke Jacobs, his unfortunate injury, his huge return and hatred for Man Like Dereiss plus so much more!#ethanallen #britishwrestling #progresswrestling Ethan Allen Hates Man Like Dereiss, Support for Luke Jacobs - Stories of PROGRESS WrestlingFollow Ethan: https://www.instagram.com/ethanallen_ygOur full podcast can be found anywhere you get your podcasts and we are hosted on:https://creators.spotify.com/pod/show/a2thekCHECK OUT OUR MERCH ON PROWRESTLINGTEES!Pro Wrestling Tees: https://prowrestlingtees.com/a2thekwrestlingTeespring: https://teespring.com/stores/a2thekwrestlingCOME SAY HI!Instagram:https://www.instagram.com/a2thekwrestling/TikTok:https://www.tiktok.com/@a2thekwrestling Twitter:https://twitter.com/A2theKWrestlingFacebook:https://www.facebook.com/a2thekwrestling/And make sure you subscribe to our YouTube channel!YouTube:https://www.youtube.com/a2thekwrestlingThe A2theK Wrestling Show is a weekly show full of interviews, news, predictions & reviews! We talk all things WWE & AEW and also feature fun segments such as top 10 best & worst lists, what if scenarios & more!
We bring your our predictions for Progress Wrestling Chapter 181: Far from Ordinary People from Manchester! This stacked card includes Shotzi Blackheart v Nina Samuels, Luke Jacobs v Cara Noir, Man Like Dereiss v Ethan Allen, a Fatal Four Way between Simon Miller, Charles Crowley, Jack Morris & Adam Maxstead, plus Hollie Barlow, Lana Austin, tag titles on the line and MORE!#progresswrestling #progress #shotziblackheart #shotzi PROGRESS Chapter 181: Far From Ordinary People Predictions (Shotzi Blackheart, Dereiss & More!)Our full podcast can be found anywhere you get your podcasts and we are hosted on:https://creators.spotify.com/pod/show/a2thekCHECK OUT OUR MERCH ON PROWRESTLINGTEES!Pro Wrestling Tees: https://prowrestlingtees.com/a2thekwrestlingTeespring: https://teespring.com/stores/a2thekwrestlingCOME SAY HI!Instagram:https://www.instagram.com/a2thekwrestling/TikTok:https://www.tiktok.com/@a2thekwrestling Twitter:https://twitter.com/A2theKWrestlingFacebook:https://www.facebook.com/a2thekwrestling/And make sure you subscribe to our YouTube channel!YouTube:https://www.youtube.com/a2thekwrestlingThe A2theK Wrestling Show is a weekly show full of interviews, news, predictions & reviews! We talk all things WWE & AEW and also feature fun segments such as top 10 best & worst lists, what if scenarios & more!
Welcome to New England Legends From the Vault – FtV Episode 120 – Jeff Belanger and Ray Auger stroll the grounds of Green Mount Cemetery in Burlington, Vermont, searching for the mortal remains of war hero General Ethan Allen. A 42-foot-tall monument to Allen stands as the tallest structure in the cemetery, however, his bones are NOT buried there. So where IS the body of Ethan Allen today? This episode first aired November 5, 2020 Listen ad-free plus get early access and bonus episodes at: https://www.patreon.com/NewEnglandLegends
On this episode of Spellbreakers, Matt Trump dives into the often-overlooked capture of Fort Ticonderoga, America's first successful offensive strike in the Revolutionary War, marking its 250th anniversary. He explores the critical role of Ethan Allen's Green Mountain Boys and the surprising heroism of Benedict Arnold before his infamous betrayal. We learn how the cannons seized were hauled by Henry Knox across wintery terrain to Boston, laying groundwork for victory. Matt weaves this colonial milestone into broader reflections on history, identity, and the soul of a nation, drawing parallels between eras of American renewal and current cultural crises. From Ticonderoga pencils to AI anxieties and simulation theory, this episode is a vibrant mix of historical deep dive, modern commentary, and patriotic introspection.
After capturing Fort Ticonderoga, Benedict Arnold commandeers a Navy and invades Canada. Ethan Allen tries to follow and nearly gets captured. Patriot officials removed them both from command. For more details, check out Episode 60 of the American Revolution Podcast. https://blog.amrevpodcast.com/2018/09/episode-060-securing-lake-champlain.html Learn more about your ad choices. Visit megaphone.fm/adchoices
Host Dennis Scully and BOH executive editor Fred Nicolaus discuss the biggest news in the design world, including a major art fair acquisition, the latest on tariffs, earnings reports from Wayfair and Ethan Allen, and For Scale's treatise on "slow decor." Later, the leadership team behind The Expert joins the show to talk about the company's next move.This episode is sponsored by Jaipur Living and Crate & BarrelLINKSThe ExpertBusiness of Home
Vermont author Bailey Seybolt used marvel at the beauty of one old Burlington building. Her research unearthed a dark history. Seybolt sits down with Mitch Wertlieb to discuss her true-crime novel, Coram House, and the notorious real-life abuses at St. Joseph's Orphanage it's based on.Then; the story of Vermont's founders like Ethan Allen and Benedict Arnold has been told ad nauseum. But Vermont State Representative Conor Casey found something inherently funny about these men and their relationship. So, he wrote a satirical take on the events surrounding Vermont's early history, provocatively titled Founding F***ers: The Story of Ethan Allen and Benedict Arnold. It began it's weeks long run at The Greater Boston Stage Company earlier this week and runs until May 18th. Casey sits down with Mitch to talk about why he finds Vermont's founders so funny and how the stage play came together. Broadcast live on Tuesday, May 6, 2025, at noon; rebroadcast at 7 p.m.Have questions, comments or tips? Send us a message or check us out on Instagram.
A volatile first hour of trade as the EU and China make new tariff moves: Sara Eisen, David Faber, and Michael Santoli broke down the latest alongside fresh reporting from the White House, Beijing, and more. Plus, what Trump's promise of new tariffs on pharmaceuticals could mean for the group, as stocks like Eli Lilly and Novo Nordisk take a leg lower – and the breakdown of what could be driving this big jump in treasury yields overnight. Also in focus: Delta and Walmart pulling guidance – what's driving the move and what comes next; Longtime market veteran Bob Doll joined the team with his stock playbook for volatility; and CEOs starting to sound-off on tariffs… Why the head of furniture retailer Ethan Allen says Trump's gone “too far” here. Squawk on the Street Disclaimer
Champ the Lake Champlain MonsterThis week we dive into the legend of Champ, the Lake Champlain Monster, exploring over 300 reported sightings dating back to 1609 when Samuel de Champlain claimed to witness a 20-foot serpent-like creature.We chronicle key evidence including Sandra Mansi's famous 1977 photograph, sonar readings capturing unusual shapes, and alleged echolocation recordings from cryptozoologist Katy Elizabeth.Throughout the episode, we discuss theories about whether Champ could be a prehistoric survivor like a plesiosaur or tanystropheus, citing Lake Champlain's substantial depth of 400 feet as a potential habitat. We also look at alternative explanations for the Lake Champlain cryptid, including large sturgeon (which can reach 27 feet), groups of otters swimming in formation creating a serpentine illusion, or partially submerged logs moved by underwater currents called seiches.Patreon: Support Believing the Bizarre and get tons of extra content by joining our Patreon.For updates, news, and extra content, follow Believing the Bizarre on social media:InstagramFacebookTwitterDiscordShop Merch: You can rep Believing the Bizarre and buy some unique merchWant to send BTB something? Ship it here: 3570 Executive Drive, Suite 218, Uniontown, Ohio 44685Keywords: Lake Champlain monster sightings, Champ cryptid evidence, Lake Champlain cryptozoology, Champ monster legend, Lake Champlain creature, Champ prehistoric survivor, Lake Champlain Nessie, Champ monster photos, Lake Champlain monster history, Champ lake monster mysteries, serpent-like creature, humps, Button Bay, Dennis Hall, Middlebury register, Plattsburgh, hydrophone, cryptozoological research, Fort Henry, Otter Creek, Vermont history, petrified remains, PT Barnum, Roadtrippers magazine, Sandra Mansi photograph, mass sightings, Ethan Allen boat, underwater commotion, fishing community
Jae Joo's work is all about taking a step outside of the status quo. But getting there isn't a destination; it takes constant effort. On this episode, she explains why it's essential to attract clients who are willing to take creative risks, and how maintaining control of the project's design and build teams is an essential part of executing her vision.This episode was sponsored by Ethan Allen and The Shade Store.LINKSJae Joo Kaitlin PetersenBusiness of Home
Caroline Gidiere's trajectory at the helm of her firm is a masterclass in growing with intention. She explains how she carefully deliberates over which projects to take, and on making sure her rates reflect the type of clients she aspires to work with.This episode was sponsored by Ethan Allen and The Shade Store. LINKSCaroline GidiereKaitlin PetersenBusiness of Home
Cortney Bishop's entrepreneurial spirit has driven her to create a one-of-a-kind business, complete with an in-house receiving operation and a creative approach to experiential e-commerce. She explains how each venture has helped her level up not just her firm, but also her own creativity.This episode was sponsored by Ethan Allen and The Shade Store. LINKSCortney BishopKaitlin PetersenBusiness of Home
In today's episode of Furniture Industry News, we break down the latest developments shaping the furniture industry as 2025 kicks off. From new tariffs on Mexico and Canada to a slowing housing market and major retail and manufacturing shifts, we'll explore what's happening and what it means for furniture professionals.Topics Covered:Tariffs on Mexico & Canada – How new tariffs could impact furniture supply chains and pricing.Housing Market Updates – A new executive order aims to reduce home prices, but will it drive furniture demand?Las Vegas Market Recap – Strong attendance and buyer engagement suggest an optimistic outlook.Home Sales Slowdown – Rising mortgage rates are cooling the market, which could affect furniture sales.FMG Conference Insights – Key takeaways on innovation, confidence, and clear communication in the industry.Retail Real Estate Opportunities – Gordon Brothers makes more Big Lots leases available.Ethan Allen's Strategy – The company sees a 6% sales decline but highlights the advantages of North American manufacturing.Bassett's Comeback – Returning to profitability in Q4, the brand outperforms expectations.Dorel's Restructuring – Plant closures and layoffs signal major changes for the company.Why It Matters:Furniture professionals need to stay ahead of economic trends, policy shifts, and market dynamics. This episode delivers essential insights to help retailers, manufacturers, and designers navigate 2025 with confidence.Subscribe & Stay UpdatedDon't miss out on future episodes! Subscribe to Furniture Industry News to stay informed on the latest industry trends, challenges, and opportunities.
Jenna Chused spent the first part of her career helping other entrepreneurs get their ideas off the ground, before finally taking a chance on herself. Now that she's at the helm, she shares why she's learning to embrace risk in order to achieve growth, and why she's never satisfied in her quest to perfect her presentations to clients.This episode was sponsored by Ethan Allen and The Shade Store. LINKSJenna Chused Kaitlin PetersenBusiness of Home
For my 2025 kickoff of Insider Interviews marketing luminaries Lou Paskalis and David Sable joined me for one of the most candid conversations on the media and ad world for an incredibly candid conversation on the media and ad world that cuts through what David famously coined as "digibabble" years ago. We moved from their personal passions (don't get David started on The Doors!) to how advertising evolved in the tech era... to its future, jam packed with opinions based on their decades of award-winning experience. (Lou, who previously ran global marketing at a couple of small brands you may have heard of, like Bank of America, American Express, and where I first met him, E.J. Gallo, is now the strategic mind behind news assessor Ad Fontes Media, The street cred of David - a top voice on LinkedIn, thanks in part to his terrific blog, "Imagine," stems from being former global CEO/Chairman of Y&R (now VMLY&R) and board member for a ton of big companies like American Eagle and Ethan Allen. He is now Vice-Chairman at the forward-thinking mid-size holdco, Stagwell, where Lou is also an advisor, I discovered!) What informs a lot of the conversation is David's explanation of how Stagwell flipped the traditional agency model on its head: Instead of buying up creative agencies, founder Mark Penn premise to build around tech."... We began by buying tech, aggregating tech and creating a tech platform. Then we went out and wrote in the creative pieces of business." But as David emphasized, "Tech leads the way for everything. But our model, which is the model that's working the best, is that tech is an enabler: Our job is to tell stories and to tell them well." Stories - and art itself, even using the most sophisticated tech and AI - is only a result of the information fed to it. David shares a beautiful analogy about what a Monet envisioned using different brushstrokes on, say, Water Lillies. We have to inform our models to consider "impressionism," just as we have to provide data for use. He says, "Data is a picture of what happened before. That's it. Now, I can interpret it, I can use it, I can I can create algorithms or models, but at the end of the day, data is a picture of what was. It can predict, and AI is going to be better at that, but that's all it is. So it's only as good as the data that it has." And don't get him started on OMNICHANNEL as a buzzword, either. The through line of this episode is to appeal to and follow the consumer. Not jam tech terms or "digibabble" down their throats. Unsurprisingly, Lou agrees, comparing ineffective presentations to Charlie Brown hearing his teacher: "Wah wah. Wah wah. Digital." His point when pitching the CFO could also apply to the consumer: "If you don't contextualize everything into the growth agenda, you might as well not go to the meetings. They don't care what we do, they care how what we do achieves growth." Be human, even in an AI world. That applies to retail, to advertising and, as we learn, the news media. The Future of News Perhaps most compelling was our discussion about the critical importance of news. Insider Interviews followers know this is a clarion call for Lou, which he focused on in his first appearance here last year. Now, backed by Stagwell's staggering study of 50,000 people, Lou shared a startling insight: "The ROI, or return on advertising -- ROAS, on news is higher than any other content vertical you can buy." Marketers are missing out on if they are "news-averse," based on some misguided perceptions about "brand suitability." "11% are self-identified as news junkies who only read or watch the news when they're consuming media. That's 11% more business for any marketer in America in 2025 who will achieve the growth agenda and win by reaching these very influential people." (To learn more, all Insider Interviews fans who are publishers are invited to apply to attend Stagwell's Future of News next meeting at 1WTC on January 2...
Ethan Allen's Green Mountain Boys made Vermont possible. Formed by Connecticut natives Allen (Litchfield) and Seth Warner (Roxbury), the group fought to retain land grant rights in the 1700s in the wilderness between New Hampshire and New York. Their efforts paved the way for Vermont to become a separate state. The story is told by historian and author Gene Procknow.
This week Kelly and Katai read TWILIGHT #20: FAMILY CRYPT by Joseph Trainor, the story of a girl whose witch ancestor possesses her via horse and kills people. They talk the empathy being backwards, Ethan Allen being the true villain, convenient plot turns, and go deep on tulpas.SUBSCRIBE TO THE TEEN CREEPS PATREON to get ad free and video versions of our episodes, bonus episodes, merch, and more:https://www.patreon.com/teencreepsCONNECT W/ TEEN CREEPS:https://discord.com/invite/FYp4QNhruEhttps://twitter.com/teencreepspodhttps://www.instagram.com/teencreepspodhttps://www.facebook.com/teencreepspodBUY TEEN CREEPS MERCH:https://www.teepublic.com/stores/teen-creepsTEEN CREEPS IS A FOREVER DOG PODCASThttps://foreverdogpodcasts.com/podcasts/teen-creeps*All creepy opinions expressed are those of the hosts and guests. SUBSCRIBE TO OUR PATREON for ad free and video episodes, bonus episodes, and more:https://www.patreon.com/teencreeps CONNECT:https://discord.com/invite/FYp4QNhruEhttps://www.instagram.com/teencreepspodhttps://www.facebook.com/teencreepspod MERCH:https://www.teepublic.com/stores/teen-creeps TEEN CREEPS IS AN INDEPENDENT PODCAST. *All creepy opinions expressed are those of the hosts and guests. Hosted on Acast. See acast.com/privacy for more information.
This week Kelly and Katai read TWILIGHT #20: FAMILY CRYPT by Joseph Trainor, the story of a girl whose witch ancestor possesses her via horse and kills people. They talk the empathy being backwards, Ethan Allen being the true villain, convenient plot turns, and go deep on tulpas. SUBSCRIBE TO THE TEEN CREEPS PATREON to get ad free and video versions of our episodes, bonus episodes, merch, and more: https://www.patreon.com/teencreeps CONNECT W/ TEEN CREEPS: https://discord.com/invite/FYp4QNhruE https://twitter.com/teencreepspod https://www.instagram.com/teencreepspod https://www.facebook.com/teencreepspod BUY TEEN CREEPS MERCH: https://www.teepublic.com/stores/teen-creeps TEEN CREEPS IS A FOREVER DOG PODCAST https://foreverdogpodcasts.com/podcasts/teen-creeps *All creepy opinions expressed are those of the hosts and guests. Learn more about your ad choices. Visit megaphone.fm/adchoices
Show Notes for "Furniture Industry News" – December 18, 2024Episode SummaryThis episode dives into key updates shaping the furniture industry, covering retail sales trends, consumer shopping behaviors, manufacturing outlooks, and strategic moves by major furniture brands. Join us as we unpack the latest data, insights, and innovations impacting the sector.Key Topics DiscussedRetail Sales MomentumNovember Highlights: Furniture store sales reached $11.32 billion, marking a 3rd consecutive month of year-over-year growth.Industry Recovery: Sales have surpassed pre-pandemic levels, showing resilience.Broader Retail Trends: Overall retail sales increased by 3.8%, with furniture stores following the positive trajectory of e-commerce, automotive, and building materials sectors.Holiday Shopping TrendsSuper Saturday Surge: 157.2 million consumers expected to shop, up from 141.9 million last year.Shifts in Consumer Behavior:In-store and online shopping mix is growing.Exclusive online shopping is rising (38.2 million shoppers).Holiday Spending Forecast: Total spending projected at $979.5–$989 billion, potentially a record-breaking season.Manufacturing Outlook for 2025Growth Predictions:4.2% revenue growth anticipated.4% increase in production capacity and 0.8% growth in employment.Cost Challenges: Rising labor and raw material costs are expected but balanced by improved profit margins.Furniture Sector-Specific Insights: Gains expected in production capacity and employment despite material cost concerns.Emerging Holiday Shopping TrendsRise of Chinese Marketplaces: Platforms like Temu gaining traction with 36% of Americans, particularly budget-conscious Gen Z shoppers.Opportunities for Traditional Retailers: Consumers still prioritize quality and reliable service, offering a competitive edge.Major Retailer NewsRH Expansion: New Montecito showroom integrates luxury retail with hospitality, featuring a restaurant and design services.Ethan Allen's Strategic Vision: Focus on talent, customer service, marketing, technology, and social responsibility, highlighted during their 2024 International Convention.Notable Quotes“Furniture store sales are not only recovering but significantly exceeding pre-pandemic levels, showing remarkable resilience.”“Consumers value quality and service, presenting an opportunity for traditional retailers to compete against low-cost platforms.”TakeawaysStay ahead of industry shifts by monitoring retail trends, adapting to evolving consumer preferences, and leveraging strategic growth opportunities in manufacturing and retail.Subscribe & Stay UpdatedDon't miss our weekly updates on retail trends, manufacturing insights, and industry news. Subscribe to "Furniture Industry News" wherever you listen to podcasts.
Artemis Live - Insurance-linked securities (ILS), catastrophe bonds (cat bonds), reinsurance
This is a recording of our "Capital markets structures for originators (sidecars for MGA's)" live webinar that was held on November 21st 2024 and featured insurance-linked security (ILS) and reinsurance industry experts that joined us to discuss the developing trend for risk originators using ILS structures to source capital markets risk and partner capacity. The use of alternative sources of risk and reinsurance capital by the originators of insurance risk, such as managing general agents (MGAs), is a notable trend and one we anticipate expanding over time. There have been numerous attempts to achieve this in the past, effectively bringing the capacity of ILS funds and institutional investors closer to the sources of risk. Some of these have faced challenges, in terms of controlling attritional losses to find the right balance between risk and return. But now, the market has started to make innovative use of ILS structures such as sidecars, to provide aligned mechanisms through which investors can participate in the underwriting performance of MGAs, while those MGAs can benefit from access to an efficient, alternative capital source. This Artemis Live webinar was moderated by Steve Evans and featured participants: Scott Cobon, Managing Director of Insurance Management Services at Artex Capital Solutions; Raoul Lobo, Vice President at Stone Point Capital; Brad Adderley, Managing Director and the Bermuda Managing Partner at Appleby; and Ethan Allen, Executive Vice President, Chief Risk Officer at MS Transverse Insurance Group. Speakers explored what potential sponsors of these structures need to be aware of and preparing for, as well as the opportunity for investors to partner with risk originators using sophisticated ILS and capital market structures. Listen to the full podcast episode to gain insights from industry experts and hear discussion on this developing area of the insurance-linked securities (ILS) and reinsurance capital market.
Larkin Mead was a world-renowned sculptor with many pieces on display in museums across the country. Locally he is remembered for his Recording Angel, Ceres-the Goddess of Agriculture atop the Vt. Capitol Building, statues of Ethan Allen and Abraham Lincoln. Here's the rest of his story...
Dee Gwiazdowski has been in the design field for thirty-two years, nineteen of which have been with Ethan Allen as a Design Consultant. This is a second career for Dee. She is both passionate and dedicated to creating spaces that are well designed, functional and reflect her client's lifestyle and needs. Each of her projects takes into consideration the rooms' architecture and furnishings that her client wishes to incorporate into the design. Dee is a Diamond Spirit and Gold Spirit award winner.
Ethan Allen is a household name in Vermont. His youngest brother Ira has been overlooked by history — until now.Ira Allen played an important role in the founding of Vermont as the 14th state. Born in 1751, he was a land speculator, pamphleteer, politician and revolutionary. He is the subject of a new book by J. Kevin Graffagnino of Essex. "Ira Allen: A Biography," out on Sept. 13 from the Vermont Historical Society, shines new light on Allen and his prominent role in Vermont's formative decades. Historian and VTDigger journalist Mark Bushnell also joined the show to discuss the oldest known burial ground in the state. The Bennington Centre Cemetery is the final resting place of many notable Vermonters, including Robert Frost, five Vermont governors, and Revolutionary War soldiers.
Glenn Fay of Burlington is an author, historian and seventh-generation Vermonter. He's also a descendant of one of the Green Mountain Boys. Glenn wrote Hidden History of Burlington Vermont and has a new book out, Ambition of the Remarkable Family of Ethan Allen. On a sunny day in July, we met at the Ethan Allen Homestead Museum in Burlington, where Glenn serves as a board member. In this episode, Glenn shares how Ethan Allen is famous for capturing Fort Ticonderoga from the British and was also a complicated figure. We also talk about Burlington's history, old neighborhoods, and the city's waterfront, which was once a bustling lumber port. https://ethanallenhomestead.org https://happyvermont.com
Ted Brown was born in 1960 in Steubenville, Ohio, the grandson of German, Greek and Jewish immigrants. Ted and his parents later moved to Wheeling, West Virginia, and Ted worked in the family business, an Ethan Allen furniture store, through high school. Ted attended Wesleyan University in Connecticut for one year, then moved to Los Angeles. He later graduated from UCLA in 1984, earning a B. A. in political science with a concentration in Constitutional Law. Since then he has worked in the insurance industry and is currently self-employed as an independent insurance adjuster, specializing in auto, property, and general liability cases. Ted and his wife Laura have been married since 1984. They lived in Southern California for many years before moving to Austin and buying a home in Wells Branch. Laura is a native of Wichita Falls, Texas and teaches at Austin Community College. They have one adult daughter named Katie, who is a fundraiser for a major university hospital. Ted joined the Libertarian Party in 1979 and has been active his entire adult life. He has served as Chairman of the Libertarian Party of California and as a member of the Libertarian National Committee. He is currently Chairman of the Libertarian Party of Travis County, Candidate Coordinator for the Libertarian Party of Texas, and a member of the Texas State Libertarian Executive Committee (SLEC). https://tedbrown.org/about https://x.com/TedBrownLiberty Learn more about your ad choices. Visit podcastchoices.com/adchoices
Ep. 193: Cricket shaped the longest-tenured CEO ever featured on Corporate Competitor! Since 1988, he has managed to avoid burnout by "focusing on the most important things." Today, he diligently reviews weekly reports from his leadership team, posing questions such as, "What did you do this week to enhance your talent and service, expand your marketing within the team or community, improve technology, and advance social responsibility?" Our BONUS RESOURCE for this episode includes Don's favorite quotes from today's episode and a reflection question so you can apply today's insights. Looking for a speaker for your next event? From more than 30 years of interviewing and studying the greatest winners of all time Don offers these live and virtual presentations built to inspire your team towards personal and professional greatness. Special thanks to Ethan Salzberg and Francisco Nunez for making this episode possible.
Gayle Zalduondo is a creative soul and seasoned serial entrepreneur. Among her many accomplishments is co-founding an acclaimed and innovative furniture company, Urbanus, with Andrew Kelly. For 20 years, Gayle served as CEO and lead designer for Urbanus, creating furniture for national retailers such as Crate & Barrel, Room & Board, Ethan Allen, Pottery Barn and Restoration Hardware. She and Andrew successfully grew Urbanus to a business employing 85 employees.Gayle has since co-founded Miami's Little River Box Company, a firm that has transformed shipping containers into restaurants, kitchens, bars, bathrooms and homes. She Is in the midst of exploring her next creative act. This exploration has included movement studies. personal transformation tools, and becoming a Path of Azul teacher.www.gaylezalduondo.com
A new film by filmmaker Jay Craven imagines what would happen if the paths of two historical figures crossed – the Revolutionary War hero Ethan Allen, and the poet Lucy Terry Prince.
GGACP celebrates the birthday of our late fearless leader, Gilbert (b. February 28, 1955) with an ENCORE of this truly funny mini-episode from 2018, in which the boys play a Gilbert Gottfried-themed version of "Six Degrees of Kevin Bacon." Also, Gilbert hangs with Freddy Krueger, Danny Thomas shops at Ethan Allen, Sir Ian McKellen goes slumming and Raybone acquires a strange new affliction. PLUS: Sidney Poitier! Natalie Hershlag! “The Adventures of Rocky & Bullwinkle”! Johnny Carson turns down Martin Scorsese! Lon Chaney Jr. meets the Monkees! And the return of the Scarlett Johansson robot! Learn more about your ad choices. Visit megaphone.fm/adchoices
The last time Ethan Allen CEO Farooq Kathwari was on the podcast, he told the incredible story of his journey from a boyhood in Kashmir and Pakistan to the top of one of the furniture industry's most venerable companies. This time he sticks to the present day, discussing Ethan Allen's post-pandemic challenges and opportunities. Kathwari tells host Dennis Scully why smaller is better for his company's showrooms, the five things he asks all his managers to track, and why the worst mistake a business can make is try to be all things to all people.This episode is sponsored by Loloi and BDDWLINKSEthan AllenDennis ScullyBusiness of Home