WHAT MAKES LA-Z-BOY IS THE NAME AMERICA COMFORTABLE WITH ?
a revolutionary chair that both rocked and reclined. It was the first of its kind and soon the company couldn't seem to make enough to keep up with growing consumer demand.
Between 1961 and 1971, this chair alone boosted La-Z-Boy sales from $1.1 million to $52.7 million. While Neil Armstrong walked on the moon, the folks in Monroe were walking on air. Business was booming and soon the modest little furniture company found itself the envy of the industry. In 1972, Edward passed the company
baton to his son, Charles T. Knabusch, who took over as president and later as chairman and chief executive officer.
Under this new leadership, the company continued to grow and thrive and in March of that year, it went public. Six hundred people bought more than 320,000 shares in over-the-counter trading. By the end of the decade, La-Z-Boy was enjoying annual sales of more than $152 million.
History
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ABOUT LA-Z-BOY INDIA
La-Z-Boy is an iconic American brand founded in 1927 whose name has become synonymous with comfort and quality. La-Z-Boy, the world’s favorite recliner, was first introduced to the India in the 1980s and has become the household name of comfortable quality furniture. Today the brand carries a wide assortment of upholstered products including motion sofas, power recliners, leather and fabric stationary sofas that uses the same formula of quality and comfort that the brand is best known for.
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Customer Service
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- Address
- 844, M.G road, opposite metro pillar no 114, Ghitorni, New Delhi, Delhi 110030
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- Phone
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- online@lazboyindia.com
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