News
Market
Vegas 2020 - Strong Foot Traffic, High Customer Acquisition, and Double-digit Growth.
The 2020 Winter Market lived up to the hype. Most hallways were full of buyers and industry players, with exhibitors happily showing updated product lines in busy showrooms.
Vegas 2020 - Strong Foot Traffic, High Customer Acquisition, and Double-digit Growth.
The 2020 Winter Market lived up to the hype. Most hallways were full of buyers and industry players, with exhibitors happily showing updated product lines in busy showrooms.
Market
What a market! BDNY 2019
We continue to see supply chains shift − to Vietnam, the Philippines, and Indonesia – and the capacity constraint repercussions. There is also significant interest toward North American manufacturing.
What a market! BDNY 2019
We continue to see supply chains shift − to Vietnam, the Philippines, and Indonesia – and the capacity constraint repercussions. There is also significant interest toward North American manufacturing.
Market
High Point October 2019 Update
The High Point Market is the Super Bowl for the residential furniture industry. Historically, over 75,000+ people come to town twice a year to visit the 2,200 exhibitors that display their goods in over 12 million square feet of showroom space spread out over 150 buildings.
High Point October 2019 Update
The High Point Market is the Super Bowl for the residential furniture industry. Historically, over 75,000+ people come to town twice a year to visit the 2,200 exhibitors that display their goods in over 12 million square feet of showroom space spread out over 150 buildings.
Market
Pre-High Point M&A Update
There are strong strategic buyers interested in growth and diversification of products and manufacturing capabilities. Private equity companies are investing in the space, indicating that there is additional investment to follow.
Pre-High Point M&A Update
There are strong strategic buyers interested in growth and diversification of products and manufacturing capabilities. Private equity companies are investing in the space, indicating that there is additional investment to follow.
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.
Market
HD Vegas Hospitality Show Update
With technology becoming more and more ubiquitous and iPhones, iPads, Air Pods, and laptop computers continuing to need power and serve as drivers of activity in common areas, we are seeing a new trend of embedded chargers and speakers in upholstery making the rounds in hospitality, commercial and residential settings.
HD Vegas Hospitality Show Update
With technology becoming more and more ubiquitous and iPhones, iPads, Air Pods, and laptop computers continuing to need power and serve as drivers of activity in common areas, we are seeing a new trend of embedded chargers and speakers in upholstery making the rounds in hospitality, commercial and residential settings.
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.
Market
Starting the Year Strong – The Winter Market Lineup
ur team kicked off 2019 with a flurry of travel. January’s tradeshow gauntlet was in full force with back to back shows for three consecutive weeks. The Vegas market this week was the highlight.
Starting the Year Strong – The Winter Market Lineup
ur team kicked off 2019 with a flurry of travel. January’s tradeshow gauntlet was in full force with back to back shows for three consecutive weeks. The Vegas market this week was the highlight.
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.
Market
BDNY Nov 2018 - An Energetic November Market
The merger & acquisition market continues to be strong. In our opinion, it is the best environment since the late 1990s with high buyer interest and an abundance of sellers.
BDNY Nov 2018 - An Energetic November Market
The merger & acquisition market continues to be strong. In our opinion, it is the best environment since the late 1990s with high buyer interest and an abundance of sellers.
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.
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.
Market
Pregaming the Chicago Office Show: NEOCON
The environment heading into Neocon is upbeat—with stock prices high, the general economic environment strong and the M&A industry hot.
Pregaming the Chicago Office Show: NEOCON
The environment heading into Neocon is upbeat—with stock prices high, the general economic environment strong and the M&A industry hot.
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
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
Winter Las Vegas Market - Jan. 2018
The Las Vegas market was busy and upbeat – the halls felt packed and energetic. There were even rumors that this market set attendance records!
Winter Las Vegas Market - Jan. 2018
The Las Vegas market was busy and upbeat – the halls felt packed and energetic. There were even rumors that this market set attendance records!
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.
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
High Point - Confidence, Energy, Strong Capital Flow
The attitude among high-end companies in particular was upbeat. The CEOs we spoke with were enjoying robust traffic and business in this strong economic climate.
High Point - Confidence, Energy, Strong Capital Flow
The attitude among high-end companies in particular was upbeat. The CEOs we spoke with were enjoying robust traffic and business in this strong economic climate.
Market
As We Prepare for the October 2017 Furniture Market...
This is an exciting time in the market cycle to be entering the High Point Furniture Market. The M&A market is wide open and transactions are happening across our Industry. Prospective Buyers are looking for growth, profitability, and strong management teams. If you need help getting there, we are happy to help. Now may be the time for you to sell!
As We Prepare for the October 2017 Furniture Market...
This is an exciting time in the market cycle to be entering the High Point Furniture Market. The M&A market is wide open and transactions are happening across our Industry. Prospective Buyers are looking for growth, profitability, and strong management teams. If you need help getting there, we are happy to help. Now may be the time for you to sell!
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
HD Vegas Market Update - May 2017
The M&A environment remains upbeat, and we see a compelling balance of buyers and sellers. There are strong strategic buyers that are interested in growth and diversification of products. Private equity companies have invested in the space, which indicates that there is, likely, additional investment to follow.
HD Vegas Market Update - May 2017
The M&A environment remains upbeat, and we see a compelling balance of buyers and sellers. There are strong strategic buyers that are interested in growth and diversification of products. Private equity companies have invested in the space, which indicates that there is, likely, additional investment to follow.
Market
Spring High Point Furniture - April 2017
The weeklong Spring Residential High Point Market was upbeat and busy. The resounding feeling was that this market was a success, with the energy and enthusiasm of 2006/2007. We spoke with 200+ industry CEOs who described business as good in spite of a weak first quarter with some retailers.
Spring High Point Furniture - April 2017
The weeklong Spring Residential High Point Market was upbeat and busy. The resounding feeling was that this market was a success, with the energy and enthusiasm of 2006/2007. We spoke with 200+ industry CEOs who described business as good in spite of a weak first quarter with some retailers.
Market
Winter Las Vegas Market - January 2017
The Las Vegas Market continues to be an important market. The crowds were good and most exhibitors and visitors were optimistic about the coming year. After a year of relatively flat growth and negative political noise, people seemed ready to hit the ground running this year.
Winter Las Vegas Market - January 2017
The Las Vegas Market continues to be an important market. The crowds were good and most exhibitors and visitors were optimistic about the coming year. After a year of relatively flat growth and negative political noise, people seemed ready to hit the ground running this year.