News
Company News
2018 Furniture Industry Reviewed - 2019: A look ahead
The global furniture industry remains strong and has exhibited a multi-year growth trend. Consumer confidence, availability of disposable income for discretionary furniture purchases, and a generally strong stock market continue to drive positive industry performance.
2018 Furniture Industry Reviewed - 2019: A look ahead
The global furniture industry remains strong and has exhibited a multi-year growth trend. Consumer confidence, availability of disposable income for discretionary furniture purchases, and a generally strong stock market continue to drive positive industry performance.
Company News
July 2020 Newsletter
We are now entering Month 6 of the COVID crisis; while no immediate solution appears imminent at the time of this writing, we remain optimistic a vaccine and/or effective treatment will arise in the coming months and help us beat back the virus.
July 2020 Newsletter
We are now entering Month 6 of the COVID crisis; while no immediate solution appears imminent at the time of this writing, we remain optimistic a vaccine and/or effective treatment will arise in the coming months and help us beat back the virus.
Company News
M&A Briefing: Quarter 1, 2015
For the furniture industry, spring marks the beginning of a fantastic run of markets: Southeast Asian markets, April High Point, HD-Vegas in May and Neocon-Chicago in June. Huge times for all sectors of the furniture industry to see customers, present new products and to advance their strategic vision.
M&A Briefing: Quarter 1, 2015
For the furniture industry, spring marks the beginning of a fantastic run of markets: Southeast Asian markets, April High Point, HD-Vegas in May and Neocon-Chicago in June. Huge times for all sectors of the furniture industry to see customers, present new products and to advance their strategic vision.
Company News
China Update
by Tim Stump
Our 8-day trip to southern China and Hong Kong was very eye opening. We witnessed this powerful country’s strong infrastructure moves, continuing construction of massive factories and skyscrapers, and hordes of people at every turn.
China Update
Our 8-day trip to southern China and Hong Kong was very eye opening. We witnessed this powerful country’s strong infrastructure moves, continuing construction of massive factories and skyscrapers, and hordes of people at every turn.
Deal Announcements
Fellowes Brands Acquires Trendway Corporation
The Stump team is proud to have exclusively represented the selling shareholders in the August 13, 2019 acquisition of Trendway Corporation to Fellowes Brands, a global leader in business products since 1917.
Fellowes Brands Acquires Trendway Corporation
The Stump team is proud to have exclusively represented the selling shareholders in the August 13, 2019 acquisition of Trendway Corporation to Fellowes Brands, a global leader in business products since 1917.
Company News
Q1 2021 Update
The Stump team had a strong Q1 performance as the home furnishing industry continued its own impressive growth trends.
Q1 2021 Update
The Stump team had a strong Q1 performance as the home furnishing industry continued its own impressive growth trends.
Market
NeoCon - June 2017
The halls were jammed this year for the annual commercial furniture exhibition in Chicago. Attitudes were upbeat and most of our clients are signaling good sales and profits for the year.
NeoCon - June 2017
The halls were jammed this year for the annual commercial furniture exhibition in Chicago. Attitudes were upbeat and most of our clients are signaling good sales and profits for the year.
Market
New York Hospitality Show: BDNY - November 2016
There was a vibrant and upbeat backdrop for BDNY (Boutique & Design: New York). We spoke with over 100 hospitality CEOs who all, despite a sluggish fall for many, seem optimistic about the growth in the hospitality sector and a clear path of continued strong growth through 2017 and likely into 2018.
New York Hospitality Show: BDNY - November 2016
There was a vibrant and upbeat backdrop for BDNY (Boutique & Design: New York). We spoke with over 100 hospitality CEOs who all, despite a sluggish fall for many, seem optimistic about the growth in the hospitality sector and a clear path of continued strong growth through 2017 and likely into 2018.
Market
Hospitality & Design Show - May 2014
Our 48 hours in Las Vegas for the HD (hospitality and design) show were exciting and full of upbeat conversations. Most companies are enjoying solid growth as hotels are refurbishing and new construction is heating up.
Hospitality & Design Show - May 2014
Our 48 hours in Las Vegas for the HD (hospitality and design) show were exciting and full of upbeat conversations. Most companies are enjoying solid growth as hotels are refurbishing and new construction is heating up.
Company News
Stuart Stump Mullens named in 40 under 40
Home Furnishings Business includes Stuart Stump Mullens, 31, in their Forty Under 40 list.
Stuart Stump Mullens named in 40 under 40
Home Furnishings Business includes Stuart Stump Mullens, 31, in their Forty Under 40 list.
Company News
2017 in Review & 2018 in Preview
The 2017 M&A climate was robust, at levels not seen since before the 2008 crash. This meant a terrific year in furniture acquisitions and for Stump & Company.
2017 in Review & 2018 in Preview
The 2017 M&A climate was robust, at levels not seen since before the 2008 crash. This meant a terrific year in furniture acquisitions and for Stump & Company.
Company News
Stuart Elizabeth Mullens Joins Stump & Company as Vice President and Principal
Stuart Elizabeth Mullens, granddaughter of two Furniture Hall of Fame nominees, Ralph Stump and Stuart Love, recently joined furniture industry mergers and acquisition leader Stump & Company as Vice President and Principal.
Stuart Elizabeth Mullens Joins Stump & Company as Vice President and Principal
Stuart Elizabeth Mullens, granddaughter of two Furniture Hall of Fame nominees, Ralph Stump and Stuart Love, recently joined furniture industry mergers and acquisition leader Stump & Company as Vice President and Principal.
Articles & Publications
The E-Commerce Revolution
by Stuart Stump Mullens
COVID-19 has perhaps accelerated the adoption of online consumer purchasing by 10 years. The massive growth rates in 2020 of some of the largest e-commerce platforms selling furniture are staggering
The E-Commerce Revolution
COVID-19 has perhaps accelerated the adoption of online consumer purchasing by 10 years. The massive growth rates in 2020 of some of the largest e-commerce platforms selling furniture are staggering
Deal Announcements
Furniture Today: Classic Home acquires Braxton Culler
Charlotte, N.C.-based Stump & Company, a boutique investment bank to the furniture industry, served as the exclusive advisor to Braxton Culler Inc. and its selling shareholders.
Furniture Today: Classic Home acquires Braxton Culler
Charlotte, N.C.-based Stump & Company, a boutique investment bank to the furniture industry, served as the exclusive advisor to Braxton Culler Inc. and its selling shareholders.
Market
June High Point Market Recap
The Spring, rescheduled to Summer, High Point market has now concluded and in our view it was a SUCCESS!
June High Point Market Recap
The Spring, rescheduled to Summer, High Point market has now concluded and in our view it was a SUCCESS!
Market
Fall High Point Market Recap
Our team worked the halls of the High Point market for 6 days and were pleased with the attendance, energy, and optimism. Most clients told us that total visits were probably 40-50% below pre-covid levels, but much better than expected.
Fall High Point Market Recap
Our team worked the halls of the High Point market for 6 days and were pleased with the attendance, energy, and optimism. Most clients told us that total visits were probably 40-50% below pre-covid levels, but much better than expected.
Articles & Publications
Why is furniture hot right now?
by Stuart Stump Mullens
Our residential furnishings industry is enjoying a surge in demand, and a lot of people don’t understand why (and wonder if it is here to stay). Here’s our take on it.
Why is furniture hot right now?
Our residential furnishings industry is enjoying a surge in demand, and a lot of people don’t understand why (and wonder if it is here to stay). Here’s our take on it.
Articles & Publications
2021 Disruptions to the Home Furnishings Industry
by Stuart Stump Mullens
Stuart Stump Mullens discusses the ongoing E-commerce boom and how it's changing the Home Furnishings landscape.
2021 Disruptions to the Home Furnishings Industry
Stuart Stump Mullens discusses the ongoing E-commerce boom and how it's changing the Home Furnishings landscape.
Articles & Publications
A look at private equity in the furniture industry
by Bo Stump
Bo Stump dives into the increasing role private equity has played in the evolution of the residential furniture industry and M&A transactions.
A look at private equity in the furniture industry
Bo Stump dives into the increasing role private equity has played in the evolution of the residential furniture industry and M&A transactions.
Market
New York Hospitality Show: BDNY - November 2017
BDNY (Boutique & Design: New York) was packed and energetic, with many companies reporting record traffic. The Javitz Center format continues to be a hit with small booths that enable companies to efficiently display capabilities and conduct meaningful business without an undue amount of overhead.
New York Hospitality Show: BDNY - November 2017
BDNY (Boutique & Design: New York) was packed and energetic, with many companies reporting record traffic. The Javitz Center format continues to be a hit with small booths that enable companies to efficiently display capabilities and conduct meaningful business without an undue amount of overhead.
Market
Spring High Point Market - April 2018
This was one of the best markets in years, a sentiment shared by most people we encountered during our 6 days in High Point.
Spring High Point Market - April 2018
This was one of the best markets in years, a sentiment shared by most people we encountered during our 6 days in High Point.
Market
Spring HD Vegas Furniture Market
Stump & Company has had a very strong 12 months with four transactions closed in the Hospitality Sector in 2017 and 2018. We look forward to several other announcements in the coming months.
Spring HD Vegas Furniture Market
Stump & Company has had a very strong 12 months with four transactions closed in the Hospitality Sector in 2017 and 2018. We look forward to several other announcements in the coming months.
Market
Fall High Point Market 2018 - Winds Of Change
Our industry continues to grow rapidly in this channel and most companies are exploring how best to participate.
Fall High Point Market 2018 - Winds Of Change
Our industry continues to grow rapidly in this channel and most companies are exploring how best to participate.
Market
Spring High Point Market - April 2019
The general sentiment was that the furniture industry is in transition and management teams need constant vigilance and a willingness to adapt to succeed in this rapidly changing environment.
Spring High Point Market - April 2019
The general sentiment was that the furniture industry is in transition and management teams need constant vigilance and a willingness to adapt to succeed in this rapidly changing environment.