In 1977 Drexel Heritage was sold to investment bank Dominick International Corporation and retail sales increased drastically. Keeping this in view, what happened to Drexel Heritage? Likewise, is Heritage Home Group still in business? Heritage Home Group LLC, formed to purchase most assets of the defunct Furniture Brands International, was a High Point, North Carolina-based home furnishings company. It also has purchased the intellectual property of Broyhill, but has sold those assets to an unnamed U.S.-based retailer. NEW YORK – Authentic Brands Group announced Tuesday that it has completed the purchase of the Thomasville, Henredon and Drexel Brands from Heritage Home Group LLC. Likewise, people ask, is Drexel Furniture still in business? In major news for the American home furnishings industry, Furniture Today has reported that Heritage Home Group, parent company to such iconic brands as Henredon, Hickory Chair, Maitland-Smith, and Pearson, has filed for Chapter 11 bankruptcy. Heritage Home Group Files for Bankruptcy.
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