Banner House to unite 4 brands under new market strategy

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Banner House to unite 4 brands under new market strategy

By Meet&Co

HIGH POINT— Banner House will introduce a new brand architecture at the fall High Point market, bringing its four furniture brands together in a single showroom for the first time.

Magnussen Home, Pulaski Furniture, Kincaid Furniture and American Drew will be presented together at 220 Elm. The four brands will also share space in Banner House’s Vietnam warehouse, allowing retailers to mix products from across the portfolio on container shipments.

Banner House to unite 4 brands under new market strategy

Source: https://www.kincaidfurniture.com/

Banner House said the strategy is designed to give retailers access to a complementary assortment spanning good, better and premium price points through a single supplier. Each brand will retain a distinct design identity, target consumer and retail mission, with assortments structured to minimize overlap.

Magnussen Home will serve as the portfolios fashion-forward, value-conscious brand. Known for innovations such as hardware-less and lighted bedroom groups, Magnussen offers transitional and contemporary designs with an emphasis on function and efficient use of space. Its assortment includes bedroom, dining, home office, entertainment and occasional furniture.

Pulaski Furniture will target style-conscious families with statement pieces, ornate detailing and heritage-inspired designs. Its assortment spans transitional, modern and traditional styles characterized by larger scale, visual presence and layered textures. In addition to its established curio cabinet business, Pulaski will offer bedroom and dining furniture at upper-middle price points.

Kincaid Furniture will occupy the premium position in the portfolio, emphasizing solid wood construction, craftsmanship and lasting quality. The brand’s bedroom, dining, occasional and whole-home collections are aimed at consumers seeking heirloom-quality furniture.

“In a world of smooth, synthetic, disposable goods, a Kincaid piece is an anchor, with solid wood stretched to its artistic limit,” Banner House CEO Nathan Cressman said. “Its heirloom-quality furniture designed to ground a home with timeless design crafted for generations.”

American Drew will focus on attainable designer sophistication for affluent consumers. The brand uses veneers, inlays, shaping and decorative hardware to bridge the space between volume manufacturing and high-end luxury. Its bedroom, dining and living-space collections range from 18th-century traditional designs to modern contemporary styles.

Cressman said the four brands were assembled to complement one another and help dealers address multiple consumer lifestyles, price points and design preferences through one vendor. The combined platform is also intended to give retailers greater flexibility in choosing product quantities and refreshing their floors.

“Our vision for Banner House has been to build on Magnussen Home’s proven business model, enabling retailers to mix and match product lines seamlessly on shipments, with a complete portfolio across good, better and premium price points with no overlap,” Banner House President Doug Townsend said.

Townsend said the unified showroom and logistics program will make that strategy tangible for retailers attending the fall market.

Banner House supplies bedroom, dining, occasional, home entertainment and home office furniture to retailers across North America through its collection of brands and global sourcing network.

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