Kravet Recognized as One of America’s Best Managed Companies

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This press release is submitted and posted here in its original, unedited form by Furniture Today.

Woodbury, New York, May 9, 2022Kravet Inc. is proud to announce that it has been selected as one of America’s Best Managed Companies for 2022. Sponsored by Deloitte Private and The Wall Street Journal, the program recognizes outstanding private American companies and achievements of their management teams.

The 2022 nominees are private U.S. companies that have demonstrated excellence in strategic planning and execution, a commitment to their employees, and fostering a vibrant and resilient culture and strong finances. This year’s nominees have continued to propel their businesses by prioritizing their purpose, investing in their people and demonstrating their commitment to diversity, equity and inclusion.

Cary Kravet, CEO of Kravet Inc. said, “It is an honor to receive this award for the second year in a row. Being selected among the many other incredible companies is a testament to our entire team. Kravet’s mission has always been to be a resource for the interior design community and that includes our employees. After more than a century of dedication to these major interest groups, we look forward to continuing this legacy of service for another century.

Applicants are assessed and selected by a panel of external judges focused on assessing the characteristics of excellence in four key areas: Strategy, Ability to Execute, Corporate Culture, and Governance/Financial Performance. They join a global ecosystem of winners from over 40 countries recognized by the Best Managed Companies program.

About the Best Managed Companies Program

The Best Managed Companies program is a mark of excellence for private companies. US delegates have incomes of at least $250 million. Hundreds of private companies around the world have competed for this designation in their respective countries through a rigorous and independent process that assesses four key criteria in their management skills and practices – strategy, execution, culture and governance/finance. Sponsors of the US program are Deloitte Private and The Wall Street Journal. For more information, visit www.usbestmanagedcompanies.com.

About Kravet Inc.

Kravet Inc., established in 1918, is the premier resource and industry leader for home furnishings, available exclusively for trade. A fifth generation family business, Kravet Inc. has grown to offer fabrics, furniture, wall coverings, trimmings, rugs and accessories. The continued commitment to innovation has helped the company grow from a small fabric house into a global leader, representing brands and designers around the world. Kravet Inc. owns Kravet, Lee Jofa, Brunschwig & Son, GP & J Baker and Donghia, and distributes a range of other premium brands – all specializing in style, luxury and exceptional design. A one-stop shopping resource for all interior design needs, Kravet Inc. also offers a curated collection of unique, high-quality finished products in all home categories through CuratedKravet. With showrooms in North America and around the world, Kravet Inc. offers the highest level of customer service and craftsmanship for today’s design professionals.

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