Culp, Inc. Announces Strategic Transformation Of Operating Model Following Completion Of Restructuring Initiatives
5 Articles
5 Articles
Patria Transitions to New Operating Model to Drive Strategic Growth from June 2025 — Global Defense Insight
Patria, the Finnish defense and technology group, has announced a major strategic shift with the implementation of a new operating model starting 1 June 2025. The transition follows the company’s updated growth strategy revealed in March 2025, aimed at strengthening responsiveness to growing defense demand and a dynamic global security environment. The decision to adopt a new structure was reached following the conclusion of change negotiations,…
Culp, Inc. Announces Strategic Transformation Of Operating Model Following Completion Of Restructuring Initiatives
HIGH POINT, N.C. — April 24, 2025 — Culp, Inc., a provider of fabrics for bedding and upholstery fabrics for residential and commercial furniture, today announced the strategic transformation of its operating model to further position the Company for flexibility and growth. The Company will combine its two stand-alone operating divisions, Culp Upholstery Fabrics and Culp Home Fashions, into a single, integrated business designed to optimize oper…
Culp initiates "transformation of operating model"
HIGH POINT – Culp Inc. is setting in motion what it calls a “strategic transformation of its operating model”, combining its two standalone operating divisions — Culp Upholstery Fabrics and Culp Home Fashions — into a single, integrated business. The new model is designed to optimize operational agility and collaboration, further streamline costs and processes across its business, and increase responsiveness to customer needs and market trends. …
Pelican Reef Group opens new High Point showroom, touts tariff-free inventory - Casual News Now
Pelican Reef Group will cut the ribbon on a new showroom during the spring High Point Market. The showroom — located on the sixth floor of the International Home Furnishings Center Hamilton Wing, Suite H-621 — will house a range of outdoor products from Panama Jack Outdoor & Sunroom, Skyline Design and Rainbow Contract Outdoor. “We’ve been looking for the right space in High Point to highlight our extensive product lines and host industry even…
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