-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, VozXngR9Ztx08W/gkOE+r6hZS0i2CebYAPnqSGmhjTPHQKcEhvjt8z8LFJevw4vS viLTbOtuKRiRDiKZAQwv0g== 0000906387-96-000058.txt : 19961107 0000906387-96-000058.hdr.sgml : 19961107 ACCESSION NUMBER: 0000906387-96-000058 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19961018 ITEM INFORMATION: Changes in control of registrant ITEM INFORMATION: Acquisition or disposition of assets ITEM INFORMATION: Other events ITEM INFORMATION: Resignations of registrant's directors FILED AS OF DATE: 19961106 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: DECORATIVE HOME ACCENTS INC CENTRAL INDEX KEY: 0001000453 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS FABRICATED TEXTILE PRODUCTS [2390] IRS NUMBER: 570998387 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 033-96794 FILM NUMBER: 96655127 BUSINESS ADDRESS: STREET 1: INDUSTRIAL PARK DR STREET 2: P.O. BOX 11877 CITY: ABBEVILLE STATE: SC ZIP: 29620 BUSINESS PHONE: 8644462123 MAIL ADDRESS: STREET 1: P.O. BOX 1187 CITY: ABBEVILLE STATE: SC ZIP: 29620 8-K 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of Earliest Event Reported): October 18, 1996 Decorative Home Accents, Inc. (Exact Name of Registrant as Specified in Charter) Delaware 33-96794 57-0998387 (State or Other (Commission (IRS Employer Jurisdiction File Number) Identification No.) of incorporation) Industrial Park Drive, Abbeville, South Carolina 29620 (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code (864) 446-2123 Item 5. Other Events. On October 18, 1996, the Registrant issued the news release attached as Exhibit 99.1. The information contained in this news release is incorporated herein by reference. Item 7. Financial Statements and Exhibits. (c) Exhibits. 99.1 News Release of Registrant dated October 18, 1996. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: November 5, 1996 DECORATIVE HOME ACCENTS, INC. By: /s/ JAY N. BAKER ----------------------- Jay N. Baker Chief Financial Officer Exhibit Index Sequential Page Exhibit # Item Number - --------- --------------- ------------- 99.1 News Release 5 EX-99 2 FOR IMMEDIATE RELEASE Contact: M.L. "Chip" Fontenot Chief Executive Officer (212) 686-2080 x293 DECORATIVE HOME ACCENTS CONTINUES POST-ACQUISITION INTEGRATION OF OPERATIONS Abbeville, SC - October 18, 1996 - The Board of Directors of Decorative Home Accents, Inc. announced today additional consolidated and integration plans for its Home Innovations, Inc. and The Rug Barn, Inc. Subsidiaries, furthering such efforts since the merger of the two in July 1995. Barbara and Harry Scharling, the founders of The Rug Barn, will no longer be responsible for the day-to-day operations of the Company and will resign from the Board of Directors as well as from their positions as Executive Vice President and Chief Executive Officer, respectively, effective today. The Scharlings will consult on new product development and sourcing at The Rug Barn and continue their equity ownership and financial interest in the Company. M.L. "Chip" Fontenot, Chief Operating Officer of the Company and Chief Executive Officer of Home Innovations, has been named as Chief Executive Officer of Decorative Home Accents and will be responsible for the overall management of The Rug Barn in addition to his current duties. Richard Ennis, Vice President of Operations of Decorative Home Accents, will assume manufacturing responsibility at The Rug Barn, and Jay Baker, Executive Vice President and Chief Financial Officer of Decorative Home Accents, will report to Mr. Fontenot. A search is currently underway for a president of The Rug Barn division. These changes are part of an overall succession and integration plan that began earlier in the year," said Mr. Fontenot. "Our first task of consolidating Home Innovations into product-driven business units under strong management has been completed. Barbara and Harry Scharling were the inspiration that made The Rug Barn a leading supplier to the gift trade. We know these organizational changes, along with our many associates at The Rug Barn, will enhance our ability to expand this leadership position and realize the many opportunities available to us as a combined company." Decorative Home Accents designs, manufactures and markets an extensive line of decorative home accessories including soft window, bedding and bath products and afghans, or "throws." The Company is also exclusive master licensee of all Calvin Klein home accessories marketed under the Calvin Klein Home Collection trademark including bedding, sheets, towels, curtains, flatware, glassware and home fragrances. The Company has its headquarters in Abbeville, South Carolina and has operations in New York, North Carolina and Illinois. -----END PRIVACY-ENHANCED MESSAGE-----