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Expanding
our licensing program helps deliver the 'Build our Brand Power'
element of Furniture Brands' strategic plan.
Ralph P. Scozzafava, Chairman and CEO, Furniture Brands
International
Furniture Brands International (NYSE:FBN) will expand its
licensing program beyond the current Thomasville platform to
include Lane, Broyhill, Drexel Heritage and Henredon.
"Expanding our licensing program helps deliver the 'Build our
Brand Power' element of Furniture Brands' strategic plan," said
Chairman and Chief Executive Officer Ralph P. Scozzafava. "A
robust licensing program will focus on leveraging the power of
our market-leading brands into new and adjacent home furnishings
categories. This increases consumer awareness for our core
furniture offerings and creates an additional income stream that
provides a tangible return on our brand equity."
The new licensing program will be led by Shelley Peters,
Furniture Brands' director of licensing. Peters was most
recently the leader of Thomasville's brand licensing operations.
Under Ms. Peters' direction, the Thomasville brand has expanded
beyond home furniture into residential flooring, lighting and
kitchen cabinets.
"We have some of the best known and respected brands in the home
furnishings industry, and they form the perfect cornerstone for
a national licensing strategy," said Chief Marketing Officer
Alex Hodges. "Our brands touch every segment of the consumer
spectrum, and we are rapidly expanding our presence in new sales
channels such as big-box retailers and national chains. Under
Shelley's direction, we will aggressively explore opportunities
to link the power of these brands to new products for the home
that can touch an even broader customer base."
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