DWR Appoints Investment Bank

Struggling residential and contract home furnishings retailer Design Within Reach has retained investment bank Thomas Weisel Partners LLC to review strategic alternatives “including advice related to an unsolicited offer recently received by the company,” said DWR. “We have decided to evaluate alternatives that will best serve the interest of all of our shareholders given our depressed share price,” stated DWR ceo Ray Brunner.

DWR said it “has no commitments or agreements with respect to any particular transaction.”

Shares of DWR have traded up to $4.50 as recently as September — but have not been above $1 since late November.

Home Textiles Today Staff | News & Commentary

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HTT November 2017 cover

See the November 2017 issue of Home Textiles Today. In this issue, we look at Complex Colors, Complex Times--Trend forecasters and interior designers weigh in on 2018 palettes and motifs.  Other articles include: Data: Exclusive HTT soft window research; Innovation: Material Changes conference preview; Country report: India invests in the future and Fabrics: Showtime preview.  See details!