Signify & Cooper Withdraw from LightFair 2023
Numerous notable names now on the sidelines. One major brand returns.
Signify Closed 2022 with Lower than Expected Sales
In October, CEO warned its Q4 revenue would be down, but previous guidance missed
Settlement Reached in Mlazgar vs. JTH Lawsuit
Mlazgar ex-employees and JTH reportedly end 2-year legal conflict with Mlazgar
Canada to Phase Out Fluorescent Lamps
Proposal cites manufacture end date in 2023, retail end date in 2026
C&I Planning Rises, Ends 2022 on High Note
Large $180+ million projects get rolling in L.A., Chicago and Philadelphia.
Acuity Brands Starts 2023 with $1 Billion Quarter
Earnings call gets peppered with questions about commissions
5 Things to Know: Week Ending January 7
A Chicago lighting market update. A former baller CEO is now a Lieutenant Governor.
FTC Proposes Rule to Limit Non-Competition Agreements
But what about non-solicitation clauses? Can employers limit sales professionals’ job options?
These Distributor Acquisitions Just Happened
The new year has started with a flurry of electrical distributor acquisition announcements; two from Sonepar and one from Rexel USA.
Mlazgar Sues Another: This Time, Current®
Lighting agent claims Hubbell Lighting representation ended with breach of contract and fraud
Saylite Acquires Vantage Lighting
Private equity parent, CORE Industrial Partners, expands its lighting portfolio