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Decorize partners with national retailer

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Decorize Inc. announced this morning that it has partnered with national retailer Stein Mart to develop an exclusive line of home accessories, lighting, wall décor and accent furniture.

Springfield-based Decorize’s line will be offered at Jacksonville, Fla.-based Stein Mart’s 268 locations nationwide.

“Our world-class team of designers coupled with our global sourcing base has consistently provided significant value to retailers and manufacturers such as Stein Mart,” Decorize President and CEO Steve Crowder said in a news release. “This partnership will contribute to the company’s 2007 plan for double-digit revenue growth.”

The furniture and home accents manufacturer in November reported fiscal first-quarter 2007 sales up 50 percent to $3.2 million, helping to offset an operating loss of $186,000.

Shares (AMEX: DCZ) closed Dec. 20 at 40 cents, compared to a 52-week range of 17 cents to 62 cents.

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