Ethan Allen opened a new Design Center in Colorado Springs, offering full-service interior design and custom furniture options.
Quiver AI Summary
Ethan Allen has opened a new Design Center in Colorado Springs, located in the University Village Shopping Center, which features a gallery showroom and designer workspaces. This marks the company's fourth location in Colorado, complementing existing centers in Johnstown, Centennial, and Superior. The Design Center offers a variety of services, including custom furniture options with 75% of products manufactured in North America, full-service interior design at no extra cost, space planning, color guidance, and 3D room previews. The center operates Monday through Saturday and includes both in-home and virtual consultations. Farooq Kathwari, the company's Chairman and CEO, expressed enthusiasm for re-establishing Ethan Allen as a key player in the local interior design scene. The center's address is 5310 North Nevada Avenue, and contact information is provided for inquiries.
Potential Positives
- Ethan Allen has expanded its presence in Colorado with the opening of a new Design Center, enhancing accessibility for customers in the region.
- The new Design Center offers complimentary full-service interior design, which can attract more clients seeking personalized design experiences.
- The company reinforces its commitment to quality by highlighting that 75% of its handcrafted furniture is manufactured in North America, aligning with consumer preferences for locally made products.
- Ethan Allen's recognition as America's #1 Premium Furniture Retailer by Newsweek strengthens its brand reputation and market position.
Potential Negatives
- Opening a new Design Center may indicate a need to reinvigorate sales in the competitive furniture market, suggesting potential challenges in maintaining customer interest.
- The emphasis on a full-service interior design offering at no additional charge may raise concerns about profitability and the sustainability of this business model.
- The expansion follows previous locations in Colorado, which could imply that prior efforts to capture market share in the region have not met expectations, necessitating this additional investment.
FAQ
What is the location of the new Ethan Allen Design Center?
The new Ethan Allen Design Center is located at 5310 North Nevada Avenue in Colorado Springs.
What services does Ethan Allen offer at their Design Centers?
Ethan Allen provides complimentary interior design services, custom furniture options, and personalized advice on décor elements.
What are the hours of operation for the Colorado Springs Design Center?
The Design Center operates Monday through Saturday from 10 a.m. to 6 p.m. and Sunday from noon to 5 p.m.
How can clients schedule appointments with Ethan Allen designers?
Clients can schedule both at-home and virtual appointments by contacting the Design Center via phone or email.
What is unique about Ethan Allen's furniture offerings?
Ethan Allen offers handcrafted furniture, with 75% of their products manufactured in North America, ensuring quality and craftsmanship.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$ETD Insider Trading Activity
$ETD insiders have traded $ETD stock on the open market 16 times in the past 6 months. Of those trades, 0 have been purchases and 16 have been sales.
Here’s a breakdown of recent trading of $ETD stock by insiders over the last 6 months:
- M FAROOQ KATHWARI (Chairman, President & CEO) has made 0 purchases and 15 sales selling 37,100 shares for an estimated $1,029,921.
- DOUGLAS H. DIEFENBACH (SVP, Business Development) sold 666 shares for an estimated $18,095
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$ETD Hedge Fund Activity
We have seen 100 institutional investors add shares of $ETD stock to their portfolio, and 115 decrease their positions in their most recent quarter.
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- JANE STREET GROUP, LLC removed 309,046 shares (-83.1%) from their portfolio in Q2 2025, for an estimated $8,606,931
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Full Release
DANBURY, Conn., Sept. 29, 2025 (GLOBE NEWSWIRE) -- Ethan Allen recently opened a new Design Center in Colorado Springs, located in the University Village Shopping Center. This stunning, just-completed space includes both a gallery showroom and workspaces for designers and their clients. The new Design Center marks the brand’s fourth location in Colorado, joining Ethan Allen Design Centers in Johnstown, Centennial, and Superior.
In addition to offering custom options for Ethan Allen’s handcrafted furniture, 75% of which is manufactured in North America, and suggesting accents like lighting and rugs, Ethan Allen designers offer full-service interior design at no additional charge. Tailoring the service to each client’s needs, designers can offer guidance on space planning and color, create 3D room previews, design custom window treatments, and recommend custom artwork, custom linens, and more. The service also includes both at-home and virtual appointments.
“We are pleased to return to Colorado Springs and be part of this vibrant and growing community,” stated Farooq Kathwari, Ethan Allen’s Chairman, President and CEO. “Building on our reputation for handcrafted quality, our unique blend of personal service combined with technology, and our vision of classic design from a modern perspective, we look forward to re-establishing Ethan Allen as Colorado Springs’s interior design destination.”
The new Design Center is located at 5310 North Nevada Avenue. Hours of operation are Monday through Saturday, 10 a.m. to 6 p.m. and Sunday, noon to 5 p.m. To contact the Design Center, call 719.872.1259 or email [email protected].
ABOUT ETHAN ALLEN
Ethan Allen (NYSE:ETD), named America's #1 Premium Furniture Retailer by
Newsweek
, is a leading interior design destination combining state-of-the-art technology with personal service. Ethan Allen Design Centers, which represent a mix of company-operated and independent licensee locations, offer complimentary interior design service and sell a full range of home furnishings, including custom furniture and artisan-crafted accents for every room in the home. Vertically integrated from product design through logistics, the company manufactures about 75% of its custom-crafted products in its North American manufacturing facilities and has been recognized for product quality and craftsmanship since 1932. Learn more at www.ethanallen.com and follow Ethan Allen on Facebook, Instagram, and LinkedIn.
CONTACT:
Catherine Plaisted
Senior Vice President, Marketing
[email protected]
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ce323c20-a7ac-4b96-8084-dcb61f1bee87
