Paris Hilton Partners with The Novogratz, Design Trade Service Brings in $3M+

This Week in Design, a reporter encounters mystery at every turn as she tracks down the make and model of the sofa fixed to the ceiling in Harry Stylesthe sensual cover of the new album by. Whatever happens next, stay in the know with our weekly roundup of headlines, launches and events, recommended reading and more.

Economic news

The American Society of Interior Designers has released its 2022 Trends Report, part of a new three-part 2022 Outlook Report from the organization, with installments on the industry’s economic outlook and the general state of interior design released later this spring. The report’s findings emphasize the importance of sustainability in residential and commercial design, with 50% of consumers saying they are willing to change their buying behaviors to reduce negative environmental impact. The study also found that the number of multigenerational households has increased over the past decade, increasing by 271% between 2011 and 2021.

Design Trade Service, an e-commerce platform for interior designers, has completed a $3 million investment funding round led by alternative investment marketplace Carofin. The company also announced the appointment of three new leaders to its team, welcoming the former president of Hooker Furniture Michel Delgatti as a member of the board of directors and liaison with manufacturers, Will Wittenberg as responsible for supplier development and Betsy Wittenberg as manager of membership growth and development. With the new capital, the company plans to expand its current membership and hire additional staff for customer service and logistical support.

French real estate startup Deepki has completed a $166m Series C funding round led by Highland Europe and One Peak Partners, Tech Crunch reports. The company develops software that allows companies to track and analyze their environmental, social and governance criteria, including the carbon emissions generated by their real estate portfolio. With data collected on energy, water and waste, Deepki aims to help business owners track long-term usage and change consumption habits. With this funding, the startup hopes to onboard more asset owners to its platform to help the global real estate sector become net zero by 2050 in line with the Paris Agreement.

Dovetail Furniture has acquired wall art company Studio Artique, Accents for the home today reports. CEO of Dovetail Furniture Marco Petruzzi told HAT that the acquisition allows his business to grow in what is currently a minor product category, while increasing the operation’s production capacity and offering better prices. Following the purchase, Studio Artique was rebranded as Dovetail Art for its High Point Market debut this spring.

To help ease the labor shortage that contributes to the backlog of unfinished homes, the nonprofit BuildStrong Academy, which trains construction workers, has announced plans to expand to national scale, the the wall street journal reports. Although low mortgage interest rates and the rise of remote working have contributed to a recent boom in residential construction (according to the US Department of Commerce, new construction is at its highest level since 2006), a combination of Supply chain problems, soaring raw material costs and dwindling numbers of tradespeople forced many automakers to curtail sales last year. According to housing market research firm Zonda, about 90% of homebuilders surveyed last month said work disruptions were limiting their ability to build, up from just 42% at the same time last year. In the meantime, BuildStrong Academy plans to open schools in 20 new US cities over the next 15 years, with centers in Charlotte, Phoenix and Houston by 2024.

Launches and collaborations

Design Miami announced the launch of the Design for Ukraine initiative, an effort to raise funds for GlobalGiving’s Ukraine Crisis Relief Fund through charity sales. For the first installment of the multi-part initiative, lighting brand Bocci has donated more than $150,000 of its signature pieces, including limited-edition glass chandeliers and lamps available through the end of April. . Through June 2022, Design Miami will continue to hold sales to raise additional funds for those affected by the Ukraine invasion.

Global Online Marketplace The Nopo partners with the Ukraine-based Gunia Project to support Ukrainian artists. The company sells products from the Gunia Project and its 30-person collective of Ukrainian artists, with all sales made from the digital pop-up going to the brand, which sells handicrafts such as paintings, ceramics , wickerwork, jewelry and embroidery. .

An educational project called the Eames Institute of Infinite Curiosity launched last week, led by President and CEO John Cary and Chief Curator Llisa Demetriosgranddaughter of Charles and Ray Eameswith additional support from Airbnb’s co-founder Joe Gebbia, the institute was established with the mission of sharing the legacy and contributions of the Eames in the fields of furniture, design and architecture. The initiative includes an archive of the duo’s work and resources on their approach to inventive design-centric problem solving, all based on the Eames’ ranch in Petaluma, California. In addition, the institute supports virtual exhibitions and an online magazine, Kasam!

A piece from the new cryptocurrency-inspired furniture collection by multimedia artist Sahara Novotna and Nathan Anthony Furniture creative director Tina Nicole Courtesy of Nathan Anthony

Robert and Cortney Novogratzaka The Novogratz, have teamed up with an entrepreneur and influencer Paris Hilton for a collection of home accessories made by Dorel Home. Debuting living room and bedroom essentials, PH by The Novogratz features classic neutral tones, art deco influences and brass accents designed with Hilton’s “fresh, eclectic take on Hollywood glamour” at the ‘spirit.

In collaboration with the multimedia artist Sahara NovotnaNathan Anthony Furniture creative director Tina Nicole launched a new collection of furniture inspired by cryptocurrency, with the purchase of each physical piece connected to an NFT sold through the OpenSea market. Made to order in Los Angeles, the ÆTHR capsule collection features hardwood frames by Nicole, containing interpretive artwork cast in resin by Novotna and signed by both collaborators. gold lead and graffiti paint.

recommended reading

An iconic decorative piece celebrates its 50th anniversary this year. Originally designed as a hall stand, the 67-inch tall Gufram Cactus has become an icon of Italy’s radical design movement and a staple in museums around the world. For Elle Decorthe designers of the original piece, Guido Drocco and Franco Melloprovide an oral history of the succulent, weaving a story that began with the idea of ​​a sun-inspired creation on a cold winter’s day.

Leopard print has long been a striking adornment of clothing, although its popularity has grown over the past century as celebrities like Joan Crawford, Jacqueline Kennedy Onassis and Debbie Harry donned the design – a phenomenon that has contributed to endangering the species. For the new yorker, Rebecca Mead explores a new line of thinking from conservationists that would introduce a royalty on the model, with profits to save the beloved breed.

Cue the applause

Interior decorator Little Wing Lee was selected as the winner of the Female Design Council and the Nicole Hollis Fellowship, which awards $15,000 to a WOC-led interior design or architecture firm in the United States. In addition to running her own interior design firm, Studio & Projects, and serving as design director for the Ace Hotel Group/Atelier Ace, Lee is the founder of Black Folks in Design, an organization that strives to publicize the important contributions of black designers. Other winners include Anne Dereaux by Dereaux Studio, Chopp Stewart of Florida Water Interiors, Laura Casañas Maya, Teruko Kushi and Urvi Sharma of INDO, all of whom will receive public recognition for their talents and free one-year FDC membership.

The International Furnishings and Design Association marked the return of its annual IFDA Selects program to High Point Market this season after a two-year hiatus due to the pandemic. A panel of industry veterans served as judges for the awards, recognizing the event’s top permanent and temporary exhibitors and selecting three finalists and one winner for 12 different categories. For the full list of winners, click here.

Homepage Photo: Pieces from the new PH collection by The Novogratz | Courtesy of Novogratz

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