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London, 12 February 2012–Ethan Allen Interiors Inc (NYSE: ETH), a leading American style and interior design authority, has opened a flagship design centre in Brussels, Belgium.
“We chose Brussels for our European debut because it is truly in the center of Europe and our grand, three-story showplace on beautiful, historic Sablon/Zavel Square because it is at the center of the Brussels design community,” said Ethan Allen Chairman, President and CEO Farooq Kathwari. “We are excited to bring the Ethan Allen experience to Europe and are proud to be able to offer our friends in Brussels incredible value without compromising on style, quality, or the legendary design service that has made us a leading style and design authority for 80 years,” added Kathwari.
Ethan Allen was assisted by the Pan European Retail Agency and Belgian Retail teams from global real estate advisers Jones Lang LaSalle (NYSE: JLL). Jones Lang LaSalle supported Ethan Allen on their European location search and expansion strategy, with further design centre openings anticipated.
Dominic Bouvet, Associate Director, European Retail Agency, Jones Lang LaSalle said: “We continue to see growing demand from North American retailers looking to enter new markets in Europe. Brussels has seen strong international retailer demand over the last 24 months. We look forward to working closely with Ethan Allen on their future growth plans across Europe.”
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About Ethan Allen
Ethan Allen Interiors Inc. is a leading interior design company and manufacturer and retailer of quality home furnishings. The company offers free interior design service to its clients and sells a full range of furniture products and decorative accessories through ethanallen.com and a network of approximately 300 Design Centers in the United States and abroad. Ethan Allen owns and operates eight manufacturing facilities including six manufacturing facilities in the United States plus a plant in Mexico and one in Honduras. Approximately seventy percent of its products are made in its North American plants. For more information on Ethan Allen's products and services, visit ethanallen.com.
About Jones Lang LaSalle
Jones Lang LaSalle (NYSE:JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. With annual revenue of $3.9 billion, Jones Lang LaSalle operates in 70 countries from more than 1,000 locations worldwide. On behalf of its clients, the firm provides management and real estate outsourcing services to a property portfolio of 2.6 billion square feet. Its investment management business, LaSalle Investment Management, has $47.0 billion of real estate assets under management. For further information, visit www.jll.com.
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