Design firms prepare for an uncertain 2024 as Milan Design Week kicks off.
A rendering of the Kohler booth at Salone del Mobile.MIlano designed by George Yabu & Glenn Pushelberg from Yabu Pushelberg.
“We are moderately positive on the economic indicators on the second half of 2024. The market is way more difficult in this moment but in general, the U.S. market is performing well and if interest rates go down, consumers will start making more long-term purchases,” Fuso said, noting this week the company will unfurl a re-edit of Cornaro, the model designed by Venetian architect Carlo Scarpa in 1973.
“This year has started well, with a positive first quarter. Our comprehensive catalogue, which ranges from decorative lighting products to architectural lighting solutions, puts us in a good position to expand further and be present in most residential and commercial spaces. In addition, we are investing in the market and consolidating our capabilities to realize tailor-made solutions,” said Gennaro.
“That’s still a goal. And then, I’m gonna ask my team: What does it take to go to two? And I’m very convinced that it’s highly achievable with our brand portfolio today and there’s so much runway ahead,” the executive added, reiterating that a public offering is not a priority. Among Luxury Living’s many projects is the Bentley Residences Miami, set for completion in 2026. At about 749 feet tall, Bentley Residences is set to be the tallest U.S. oceanfront building, according to a spokesperson for the project. Designed by Sieger Suarez Architects, the 63-story building will feature 216 units with sweeping ocean views, a slew of amenities, and an elevator designed to take residents up to their doorstep while seated inside their cars.
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