Ethan Allen Opens First Store in China
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From Bloomberg News
Ethan Allen Interiors Inc., the largest U.S. furniture retailer, opened its first store in China, laying the groundwork for a larger rollout in Asia.
The 14,500-square-foot showroom in Tianjin, China’s third-largest city, is part of an agreement with the nation’s Markor Furniture International Ltd. to develop a chain of Ethan Allen stores.
Ethan Allen entered Europe earlier this year, opening two stores in Britain.
Shares of Ethan Allen fell 71 cents to $34.85 on the NYSE.
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