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Ethan Allen CEO Honored by the National Retail Federation

NEW YORK--(BUSINESS WIRE)--Jan. 14, 2003--Farooq Kathwari, Chairman and CEO of Ethan Allen Inc., one of the nation's leading home furnishing companies, was honored by the National Retail Federation (NRF) during the organization's 92nd Annual Convention & EXPO.

The event was held at the Jacob Javits Convention Center in New York City on January 14, 2003.

Mr. Kathwari received the NRF's Gold Medal Award, which is presented to an outstanding retailer for excellence, creative genius, and vision in leading their business and the retail trade.

Under Mr. Kathwari's almost fifteen-year reign as Chairman and CEO at Ethan Allen, he has reinvented the company by offering stylish new product lines, by giving a fresh, new look to the stores, by relocating existing stores to better locations, and by offering a variety of services that make Ethan Allen furnishings more accessible to a broader customer base.

The NRF is the world's largest retail trade association with membership that comprises all retail formats and channels of distribution including department, specialty, discount, catalog, Internet, and independent stores. NRF members represent an industry that encompasses more than 1.4 million U.S. retail establishments, employs more than 20 million people - about one in four American workers - and registered 2001 sales of $3.4 trillion. The NRF's international members operate stores in more than 50 nations. In its role as the retail industry's umbrella group, NRF also represents 32 national and 50 state associations in the U.S. as well as 36 international associations representing retailers abroad.

Ethan Allen Inc., a leading manufacturer and retailer of quality home furnishings, sells a full range of products through an exclusive network of more than 300 stores. Stores are located in the United States, Canada, and Mexico, and there are 19 overseas. The company has 17 manufacturing facilities and three sawmills throughout the United States. For more information, visit www.ethanallen.com or call 888-EAHELP1.

CONTACT:
Ethan Allen Inc.
Kelly Maicon, 203/743-8575