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In 1989, Richard Loynd, Converse's chairman and the leader of his company's buyout effort, became Interco president. Interco filed for Chapter 11 in January 1991 and sold all of its operations except Broyhill, Lane, Converse, and Florsheim. Apollo Investment Fund, Ltd., led by Drexel Burnham Lambert's Leon Black, took a controlling interest in ...
On July 29, 2018, HH Global II BV, which operated Heritage, filed for Chapter 11 bankruptcy. HH Global said RHF Investments Inc., owner of Century, Hancock & Moore and Highland House, would buy its luxury brands division. Heritage said it was planning to sell its Thomasville & Co. and Broyhill divisions to one buyer. [15]
By the end of the decade, Broyhill operated 20 factories, 60 free standing stores, and 250 Broyhill Showcase stores staffed by more than 7,500 employees, [6] with annual sales of approximately $350 million. [7] In August 1980, Broyhill was purchased by Interco, Inc., a St. Louis based manufacturer of shoes and clothing, for $151.5 million. [8]
Broyhill may refer to: . Broyhill Furniture of Lenoir, North Carolina, United States . James Edgar Broyhill (1892–1988), founder of Broyhill Furniture; Jim Broyhill (1927–2023), American politician and U.S. Representative and Senator from the state of North Carolina, son of the above
Broyhill had long sought to develop a complete, self-contained satellite city. In the early 1960s, M.T. Broyhill and Sons entered into a partnership with U.S. Steel to develop 1,765 acres of farmland on either side of Route 7 into 3,500 houses, available in ten different models, 3,000 apartments, a 100 acre shopping center, a 75 acre recreation area, including an 18-hole gold course and a two ...
Thomasville Furniture Industries was a furniture manufacturer based in Thomasville, North Carolina, with dedicated galleries in more than 400 retail furniture stores. Additionally, there are 30 Thomasville Home Furnishing stores which carry only Thomasville products.
James Thomas Broyhill (August 19, 1927 – February 18, 2023) was an American businessman and politician from North Carolina. A member of the Republican Party , he served in both chambers of the United States Congress as a member of the United States House of Representatives from 1963 to 1986 and briefly served in the United States Senate in 1986.
By 2011, the company had 100 stores across seven states in the Northeast. [10] As of 2019, Raymour & Flanigan has expanded to over 140 retail locations in the Northeastern U.S. [ 11 ] In 2016 they introduced a new concept called Raymour & Flanigan Outlet with two new locations in Philadelphia with the goal of providing a wider range of price ...
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