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industry insider
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December 10, 2024
Loloi moves into whole home with the launch of Joon Loloi
The new DTC brand, called Joon Loloi, will launch with over 3,000 SKUs of furniture, lighting, decor and art, along with an assortment of rugs. Cyrus Loloi tells Business of Home why the timing was right for the family business to expand.
industry insider
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December 5, 2024
Kelly Wearstler takes her talents to Substack
The Los Angeles–based designer has joined the buzzy platform to start a newsletter dedicated to exploring the connective tissue across her influences. According to today’s announcement, “nothing is off-limits.”
industry insider
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November 22, 2024
EJ Victor lays off almost all employees
Following damage to its factory during Hurricane Helene and a dispute with its insurance provider, the Morganton, North Carolina–based furniture brand has laid off 121 employees.
lawsuits
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November 8, 2024
The DCOTA is sold at auction
Following a swift, uncontested sale, the Design Center of the Americas changed hands for a hammer price of $76 million.
industry insider
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August 21, 2024
Kaiyo is closing down
The online furniture platform will cease operations at the end of the month amid mounting complaints from users who say the company has withheld their payments in preparation of a shutdown.
lawsuits
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August 15, 2024
The DCOTA is back on the auction block
After a proposed summer sale was delayed by litigation, a portfolio of Cohen Brothers real estate assets—including the Design Center of the Americas—is scheduled to be sold in what may be the largest UCC foreclosure auction in history.
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