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The company was founded as a housewares manufacturer in 1932 by Theodore Baumritter and his brother-in-law Nathan S. Ancell. They bought a bankrupt furniture factory in Beecher Falls, Vermont in 1936 and adopted the name "Ethan Allen" for its early-American furniture introduced in 1939, after the Vermont Revolutionary War leader Ethan Allen.
Nathan S. Ancell (August 22, 1908 – May 31, 1999) co-founded the Ethan Allen furniture company with his brother-in-law, Theodore Baumritter, in 1932. Together, the two men pioneered the concept of selling furniture in room-style settings and built the Ethan Allen company. [1] Today, Ethan Allen has sales of nearly $1 billion. [2]
In 1980, Interco added furniture as a major division. [2] That year the company bought Ethan Allen Inc. for $150 million. [8] In 1980 Interco took over Broyhill Furniture, a North Carolina company that was the world's largest privately owned furniture maker, with 20 factories and 7,500 employees.
Ethan Allen Celebrates 80 Years of American Style DANBURY, Conn.--(BUSINESS WIRE)-- Ethan Allen Interiors Inc. (NYS: ETH) , an interior design company whose success began with the manufacture of ...
Here's the current margin snapshot for Ethan Allen Interiors over the trailing 12 months: Gross margin is 54.2%, while operating margin is 7.4% and net margin is 7.2%.
Ethan Allen Opens Second Location in Europe Additional international locations set to open this year DANBURY, Conn.--(BUSINESS WIRE)-- Ethan Allen Interiors Inc. (NYS: ETH) , a leading American ...
Ethan Allen (January 21, 1738 [O.S. January 10, 1737] [a] – February 12, 1789) was an American farmer, writer, military officer and politician. He is best known as one of the founders of Vermont and for the capture of Fort Ticonderoga during the American Revolutionary War, and was also the brother of Ira Allen and the father of Fanny Allen.
Lambeth Furniture began in 1901 and was sold to Knox Furniture in 1928 and Thomasville Chair in 1932. [1] B.F. Huntley Furniture began in 1906 on Patterson Avenue in Winston-Salem, North Carolina and grew into the largest bedroom and dining room furniture manufacturer in the country. Its Winston-Salem plant burned in 1956, though a two-story ...