The Thursday Show: A fresh round of tariff chaos. Plus: Alexa Hampton on 50 years of Kips Bay

2 Oct 2025 · 1 h

Ask about this episode

Ask anything about it. ChatGPT or Claude reads this page and answers with the times it was said.

Connect VO and ask about every podcast you hear, including the moments you saved. Add to ChatGPT · Add to Claude

In short

Business of Home Podcast Episode Summary

Episode Title

The Thursday Show: A Fresh Round of Tariff Chaos. Plus: Alexa Hampton on 50 Years of Kips Bay

Host

  • Dennis Scully

Guests

  • Fred Nikolaus (Executive Editor of Business of Home)
  • Alexa Hampton (Designer and Chair for Kips Bay Decorator Show House)

Overview

In this episode, Dennis Scully and Fred Nikolaus discuss significant news in the design world, including the implications of new tariffs on the home industry, MillerKnoll's financial performance, the persistent popularity of "millennial gray," and insights from Alexa Hampton about the Kips Bay Decorator Show House's 50th anniversary.

---

Key Discussions

  1. Tariff News
  2. Introduction of New Tariffs:
  3. New tariffs announced by the Trump administration aim at imported lumber, upholstered furniture, kitchen cabinets, and bathroom vanities.
  4. The upholstery tariffs are set at 30% for most countries, but the UK and EU will remain at 10-15%.
  5. Kitchen cabinetry will face increased tariffs of 50% starting January 1st.
  • Reactions within the Industry:
  • Mixed feelings about the impact of these tariffs. Some believe it will drive local workrooms to become busier, while others fear it could lead to inflated prices.
  • The upholstery sector may see price increases, but high-end designers may not be significantly affected since they primarily work with local suppliers.
  1. MillerKnoll's Earnings Report
  2. MillerKnoll reports a 10% year-over-year increase in net sales, but tariffs are affecting profit margins.
  3. Their diversified portfolio complicates financial analysis due to varying sectors (retail vs. office).
  1. Kips Bay Decorator Show House
  2. 50th Anniversary Celebration:
  3. Alexa Hampton shares insights about the significance of the Kips Bay Show House and its philanthropic mission for the Kips Bay Boys and Girls Club.
  4. The event showcases the work of prominent designers, with this year's house featuring a diverse array of talent from around the country and beyond.
  • Unique Experiences:
  • Designers face challenges like unexpected material shortages, demanding quick adaptations.
  • Alexa emphasizes the importance of creativity and resourcefulness in show house settings, where spontaneity can lead to innovative designs.
  1. Millennial Gray
  2. Dennis and Fred discuss the rise and fall of "millennial gray" as a neutral color choice.
  3. While some designers express disdain for the color, others believe it still holds value, particularly as a versatile neutral.
  4. New trends suggest a shift back to warmer tones like caramel and brown, but gray might make a comeback due to its practicality.

---

Key Takeaways

  • Tariffs: The interior design industry is facing significant changes due to new tariffs, potentially leading to higher prices for consumers and affecting the market dynamics.
  • MillerKnoll: The company's performance highlights the challenges of navigating diverse market segments amidst tariff pressures.
  • Kips Bay Show House: Celebrating its 50th year, the show house remains a critical platform for designers to showcase their work while contributing to a charitable cause. The pressure and spontaneity of this environment drive innovation.
  • Color Trends: The conversation around "millennial gray" reflects broader trends in consumer preferences and illustrates the cyclical nature of design aesthetics.

---

Conclusion This episode of the Business of Home Podcast encapsulates the complexities and evolving nature of the interior design industry, addressing current economic challenges while celebrating creative artistry and community engagement through events like the Kips Bay Decorator Show House.

Written by AI. May contain mistakes. Listen to the episode to check what was said.

Hear the part that matters, and keep it.Open this episode in VO. Double tap your headphones to save a moment as you listen.
Get VO free

Transcript

Automatic transcript. May contain errors.

0:06This is Business of Home. I'm Dennis Scully and welcome to the Thursday show. Later on I'll be speaking with Alexa Hampton about this year's Kips Bay Showhouse. But first, we're going to catch up on the news, including new tariffs targeting the home industry, Miller Knoll's latest earnings report, and what's behind the enduring popularity of Millennial Gray. To do all that, I'm joined by Business of Homes Executive Editor, Fred Nikolaus. Hi, Fred. Hi, Dennis. How's it going? Hanging in there, Fred. How are you? I understand you're a little bit sick today. I can't really hear it in your voice. Well, you're kind to say we're going to try and keep it together, Fred, for this show.

0:46I'd take a sick Dennis Scully over most other healthy podcasters. Well, has it been all the gallivanting? I feel like I've seen you two or three times over the past week, most recently at the Kips Bay Showhouse. That was fun. And how fun was that? Yes, you and I got to spend hours going through the Kips Bay Showhouse together. Multiple hours. It was a long journey, but a fun one. You know, it's funny. The Kip Space Show house almost didn't happen this year. It's the 50th anniversary, but they lost the house at the last minute. They had to move it, gasp, below 14th Street. But everyone pulled it together.

1:21It's a really fun house. There's even a podcast studio. Charles Pavarini designed one. And it was all I could do not to sit down in one of those chairs and just start riffing on Ivory Boucle. It was a fun time. Were there any highlights for you? I know Alexa is going to talk about it later on in the show, but what jumped out for you? One of the other ones that jumped out at me, I had the pleasure of being in the UK this summer for the launch of the High Grove Collection for Sanderson, and Ben Pentreith made an appearance at the Kips Bay Showhouse, a decorator from across the pond, which was a welcome addition to the house, and very exciting to see that collaboration between Sanderson and Ben Pentreith.

2:04But also, I think our friends at Gracie were one of the unsung stars of the Kips Bay Showhouse. There's some pretty fabulous wallpapers in some of the rooms, including a remarkable Trump Loy wallpaper that is in Alessandro Branca's room that is more than memorable. Oh, that's a good one. Yeah. And I also liked the, uh, there was a writer's room, which certainly beats the heck out of my writer's room. Uh, so that, that was another lovely Gracie wallpaper. Yeah. Oh, I'll know a lot of highlights in the house. If you're going to be in New York or the next couple of weeks, definitely go check it out.

2:38I'll probably be writing something about it for the site. So maybe we'll have even more Kips Bay content next week, but definitely check it out yourself if you can. It's always a good show. Speaking of good shows, let's look back on Monday's episode, a conversation with designer Ray Booth. Very good conversation, went to a lot of unexpected places, I thought. I agree. A fun conversation. And thank you, Ray, for letting me ask you questions on all sorts of different subjects that you kindly answered, including your thoughts about AI and some of the challenges and stresses of high-end clients today.

3:11But it was fun. I did not know that Ray and an old friend of mine, Gray Davis, were both the first interns at Bobby McAlpin's firm years ago, a firm that Ray would intern at and then leave and go to New York and then later come to work out for for quite some time. So it was, it was fun to learn about his whole journey in, in design. Yeah. So do a good job on your internship. You may, you may be applying for a job 20 years later, as it turns out. Yeah. Really fun kind of discursive conversation. As you mentioned, you talked about AI, you know, I've heard this anecdotally, but it was good to have it, you know, on the record about a designer saying, you know, my client is asking JetGPT to pick the colors of her walls.

3:56And like, why did this person hire me? But I loved hearing about that. I also just love, you know, kind of got some spiritual places. He was talking about how meditation has been really important for him recently. So, you know, just a really fun conversation. He's a very natural storyteller, a great listen top to bottom for me. Completely agree. And it was very personal and real. So I appreciate that very much. And I think people will get a lot out of it. We're going to take a quick break and then we'll get into the news.

4:26This podcast is sponsored by Chelsea House. Celebrated designer Amanda Lindroff is bringing her signature island style to High Point. Amanda's introducing her line of furniture, accessories, and lighting in partnership with Chelsea House, the storied North Carolina-based company. Think sun-bleached neutrals, breezy verandas, and old-world charm. From hand-woven trays to scallop side chairs, each piece captures the effortless elegance of island life. The Amanda Lindroth Home Collection debuts during High Point Market on October 23rd through the 29th. Preview the line at amandalindroth.com or chelseahouseinc.com.

5:10And come celebrate with Amanda at her book signing cocktail soiree on Saturday, October 25th from 4 to 6 p.m. This podcast is sponsored by Newport Brass. For over 35 years, Newport Brass has handcrafted solid brass kitchen and bath faucets made to last for generations. Inspired by coastal elegance, these fixtures balance East Coast tradition with West Coast ease, offering timeless silhouettes and uncompromising craftsmanship. With a palette of 22 finishes and endless configurations, Newport Brass gives every project presence, purpose, and distinction. See what's possible at newportbrass.com.

6:00And we're back. Believe it or not, Fred, we're going to start with tariffs. Here we go again. The design industry has been at the center of tariff news over the past week after the Trump administration announced new levies on imported lumber, upholstered furniture, kitchen cabinets, and bathroom vanities. Where were you when you heard about the new tariffs, Dennis? Well, I think I was just leaving an event with you, as a matter of fact. Yes, you were. Yes. Well, it's funny. So I hope listeners will forgive a little storytelling here. But Dennis and I did not get to go to the opening of RH Paris.

6:36We were able to go to the opening of RH Manhasset, which everyone knows Manhasset is the Paris of Long Island. So that was fun. It's always sad. Dennis did his classic Dennis Scully thing swept in charmed the socks off everybody left 20 minutes later leaving me there and then eventually towards the end of the party Gary Friedman chairman and CEO walks in and I'm thinking okay I'm gonna I'm gonna go up and ask him a question because on the last earnings call he made this very passionate okay the administration call me call me about these tariffs give me a call so I was like I was gonna walk up to him and say hey did they call you Gary and so I walk up to him and I asked that and he and he shows me actually just as he got off the plane, these new tariffs were announced.

7:16So I actually found out the news directly from Gary Friedman himself. Total shock, total surprise. But on the other hand, are these tariffs really ever surprised in this day and age? We should just step back for a second and say that, as is always the case, there's a lot of news, a lot of noise. A lot of this information is not totally set in stone. All these tariffs were originally supposed to go in place actually today, Wednesday, October 1st. That's when we're recording. But then subsequently, they were pushed back to the 14th. You know, they won't fully go into place until January 1st, apparently.

7:48So there's a lot in here that that may change even by the time you hear this. I don't know. How seriously should we be taking this latest announcement, Dennis? Well, exactly. By the time this show airs, this might all be settled. But but they were they did decide to roll them back and give us a couple of more weeks because there were so many questions right out of the gate. Were these going to be on top of the country-specific tariffs? And what did they all mean? I mean, where should we begin to try and explain where all of this is targeted, as we said earlier? Yes, it is targeted. Well, OK. So later on in the conversation today, we're going to be swinging back to the tariffs on kitchen cabinetry.

8:28So let's put those on pause for now and just focus on the upholstery. So the big tariff that came out on upholstery was announced was 30 % on all imported upholstery. And, you know, notably, it did not seem like there were many exceptions except for the UK and the EU, which will not have to pay 30%. They'll be stuck at their 10 to 15%. So no real change for them. But, you know, certainly countries in Asia, Southeast Asia will have to now pay a 30 % tariff on upholstery. And it seems like Canada and Mexico as well will too. these tariffs, I do not believe will be stacked on existing reciprocal tariffs.

9:04Although, you know, the language is always, as always, is a little bit confusing. It's not 100 % clear. And it's not like the White House has really broken it down item by item. So, you know, it's interesting because certainly, you know, 30 % is a high number. But in the case of, for example, Vietnam, which is currently, I think, either 19 or 20%, it's not that much more, you know, than what's already been in place. So I don't certainly it always feels like this changes everything, but I don't actually know if this does change anything in the eyes of both, you know, importers and designers. But what are you hearing out there?

9:35Well, I certainly got the impression that a lot of people imagined workrooms getting very busy as a result of hearing some of these numbers. And if these numbers are real, that it's going to be hard to continue to toe the line that many have been suggesting, oh, this really won't affect us. We can build this in or we can carry this. I think people who were trying to play it cool with price increases acknowledge that if these numbers are real, this could have a transformative impact on the industry. Well, that's interesting because I've actually heard some people saying the opposite. I mean, there was an article in Reuters that came out recently from a couple of upholstery makers who said, you know, look, I moved to Vietnam.

10:21I'm not, I'm not leaving here. You know, we're going to, we're going to stick it out. I can't move all my production to the U S. Uh, I certainly think prices will go up. I think that's accurate. I think like people were already starting to do that. So, you know, my suspicion is that, you know, those numbers, which were already coming up, will certainly, you know, continue to come up, um, you know, as to whether this will like overload local work rooms. Um, I don't know, because, you know, again, at the very high end, I feel like designers who, you know, work with a local workroom, we're not necessarily importing a lot of upholstery from Southeast Asia.

10:52So maybe this doesn't really change things for them. I mean, I do think it's impactful. I don't want to downplay it. I just feel like there was a widespread concern that it was going to be a 50 % tear off across all furniture, including case goods, which would have been incredibly transformative. And I feel like in some ways, the fact that it focuses on upholstery, which we have a lot of here in the US, and the fact that it's 30 as opposed to 50 maybe to some degree dampens the impact. But I don't know. Again, there's so much that's up in the air. Maybe we won't really know until we get all the details.

11:22Well, and I think to your point, and certainly we won't know, and again, it changes every week, so it's hard to really plan around it. But I do think that everyone who has been suggesting that, oh, this isn't really going to be inflationary or this isn't going to show up in a meaningful way, I just don't think that there's any way that these companies can can hold the line with these kinds of increases. So I think you're going to see a lot more inflationary pressure and maybe they push it to the beginning of next year, but it is going to start to show up in a in a meaningful way. There is no doubt if these numbers hold.

11:57Yeah. And I mean, just one final thing I just want to add on to this is that, you know, thus far, the furniture manufacturing industry has largely reacted negatively to these tariffs. Even the domestic makers have, you know, it's been the situation where on the one hand, they like the fact that there is this focus on domestic manufacturing, but the costs of all their fabric have gone up, the cost of their frames have gone up, the cost of their components have gone up. So they've had to, you know, they've been dealing with pressures and also they're worried about the overall market. This one may actually be viewed a little bit more positively by some domestic upholstery makers because it focuses specifically on, you know, the category and the thing that they do.

12:34It's not like a broad-based tariff on everything that comes out of a specific country. So it's possible that these tariffs will be viewed more favorably by the US industry. I don't know, it's been a very tepid reaction so far, but I'm hearing some people saying, well, maybe this one's good for me. I'm not betting too much on it yet, but there's some cautious optimism from local makers. But I don't know. Again, so much is in the details. We'll just have to stay on top of it. Absolutely. And you're certainly seeing the stocks of the publicly traded furniture companies trade lower for the most part.

13:08So, I mean, I think you can read what you will into that. But it's, again, it's ever-changing, so we'll have to keep an eye on it. Moving on, we're going to talk about spaces. The Bay Area Shelter Magazine is returning to print this winter, hitting newsstands again for the first time in six years. You wrote about this, Fred? Well, I'm originally from the Bay Area, so any opportunity to... Near and dear at Fred's heart. It is near and dear. So, yeah. So, Spaces is a shelter magazine originally formed as an extension of this thing called Marin Magazine. Marin is the affluent suburb just to the north of San Francisco, and it's like a lifestyle magazine for the region.

13:46Spaces came out in 2016. It was actually very, it was beloved by the San Francisco design community and had a good little run. But then the owners, the overall publication was bought by a new owner. They shelved it and it's been out of print essentially since around 2020 or so. So the original founders of Marin Magazine actually bought the whole publication back and they want to relaunch spaces. And so, you know, it's not maybe a national story, but certainly local designers are excited about this. They've got a lot of people from the Bay Area design scene on their advisory board. And I think that people are excited in that community to have a publication that's really specifically focused on, you know, of the Bay Area market.

14:25So exciting to have it back. And why do you think we've talked about why the Bay Area doesn't get as much coverage as LA or other parts of California does? What is it about the Bay Area design scene that gets overlooked, Fred? Yeah, I think that's part of why they want to restart spaces in print. I think it's because there's this sense of the Bay Area is a big market for interior design, but it's not really covered as closely by the national shelter media. Maybe it gets a little bit overlooked. It's interesting, actually. Long-time listeners of this podcast will know I have a weird little project where I keep track of the AD100 year-to-year.

15:04I was going back and looking at it, and especially in the early years, there was more designers from Mexico City and London than there were from San Francisco. It really is kind of a thing. I don't know. Am I wrong in thinking that there is a little bit of a, you know, a missing the Bay Area when it comes to the national media? Well, so are you suggesting, Fred, that there's some kind of design conspiracy going on here? A hundred percent, I can announce here. Factually, there is a conspiracy. Fred has the numbers, and yes, it... Well, so I wonder, all joking aside, I wonder why that is, I mean, and what designers say to you about why they think they're not getting as much coverage.

15:45I've got some people who have weighed in as well, so I'm eager to hear what you think. Yeah, well, I mean, I think a couple of things. One is just that the media has been historically based in New York, so there is a heavy New York bias. We are certainly guilty of that. Architectural Digest started in LA, and I think that there is also a culture of celebrity that causes people to want to have their homes published in LA. And I think that leads to a lot of coverage there. And there hasn't really historically been that in San Francisco. You know, of course, there's, you know, the foundations of the city are different and, you know, the industry there is different.

16:21But the weird thing is there's a lot of money there. So and there's also a lot of good designers. So to some degree, it's always been a little bit confusing. I talked to people about it. And one of the main things that kept coming up, actually, was simply that clients there just really want to lock up designers with NDAs and do not want their homes published because they're tech executives and they want to keep a low profile. They have no, you know, incentive to get out there and be a celebrity. So several designers I spoke with just said that, yeah, like if you do work in the Bay Area, no matter how good it is, you're going to have to sign an NDA.

16:49So it's never going to get published anyway. But what have you been hearing? Well, it's funny because I had gotten a lovely note from a designer, Emily Cates, who had sent a nice note just about the show in general. And when I saw she was from the Bay Area, I asked her about this and said, so what do you think? And at first she sort of joked and said, well, perhaps it's because we never had our own Real Housewives of San Francisco show. And maybe that's why we don't get the coverage, which is a good point, Emily. But I think she also very much made the point that you were making about it's a lot of tech people and perhaps a little bit more private.

17:21But she also pointed out that it doesn't have sort of a classic San Francisco design style the way Palm Beach or Hollywood or places where you can sort of call to mind a look. and that maybe, and she said, maybe some of the San Francisco spaces are a little less Instagrammable or feel a little bit more high design from that perspective. As you say, there's no shortage of talent there, but maybe it just doesn't have that more decorative look often associated with it. What do you think about that? Yeah, I mean, it could be. I wouldn't want to speak as a critic who has surveyed the entirety of area design and can issue a proclamation on it.

18:03There's a lot of different factors that go into it, but there is a lot of great barrier design stuff. I mean, Heath is based there. Of course, William Sonoma, one of the most significant companies in the home industry is a San Francisco company. RH, of course, is a San Francisco company. So I kind of feel like I'm hopeful that spaces will make a splash. I'm hopeful that more San Francisco designers will rise to the top of the national scene and maybe some clients will loosen up a little bit and not force their designers to sign NDAs because I think there is a lot of really cool work being done and I think it deserves to be seen.

18:36I say that as somebody from the Bay Area, so of course I'm going to say that, but I do think it's true. No, I couldn't agree more. And that's where the lovely Mrs. Scully hails from as well and where I'll be spending my Christmas holidays out in San Francisco. So I'll do some reporting there and see if I can come back with some greater insight. Moving on, we're going to talk about Miller Knoll, Fred. Let's talk about Miller Knoll. The company's The latest earnings report revealed a modestly successful quarter, a 10 % year over year increase in net sales. But on the other hand, tariffs, and there's the T word again, seem to be cutting into their margins a little bit.

19:10No surprise there. What do you make of all these numbers, Dennis? Well, as you say, the top line numbers seemed really good at first. But then they started to walk a lot of things back and sort of began to lower expectations. The stock was actually down after the earnings numbers came out. And I think that was largely because they're acknowledging the fact that margins are going to be under attack from the dreaded tariffs. And they're planning a lot of expansion with the DWR operation. They've got a lot of openings coming. So there's a lot of money going out. What did you make of the numbers? Yeah, I mean, I think that seems right to me as well.

19:52I mean, as always, when I look at Miller & Knoll earnings, I like to hone in on Holly Hunt because that's, you know, it's always, you know, Holly Hunt is such an interesting company to be owned by Miller & Knoll because, of course, it's such a big name in the interior design industry. But it's a little bit, you know, like I don't want to say it's the black sheep of the family, but it's not it doesn't exactly fit the mold of their other the other companies owned in the portfolio. I'm not sure if we ever covered this news on the podcast, but recently they did a reorganization where Holly Hunt was moved into the global retail group, putting it under the aegis of our friend Debbie Probst, who's been a former podcast guest and will probably come on again soon.

20:30It'll be interesting to see how it does there because it's always been a little bit of an outlier to some degree in their family of brands. I agree. And I think Miller Knoll is a challenging company to analyze because they are in so many different businesses and they've tried to diversify and expand over the years. Much of the reasoning for the Knoll acquisition, which included Holly Hunt and lots of other to-the-trade brands, was to not be so focused on the office market space. And now they have a bunch of to-the-trade brands. They have this Herman Miller and DWR retail expansion that they're trying to bring to life in a meaningful way and quite aggressively looking at the number of store openings coming.

21:19but they do still have the office business. So it's a lot to look at when you're trying to analyze these numbers. So bringing Holly Hunt into global retail, it moves at a very different pace. Anyone who's ever ordered something from Holly Hunt knows that you're not picking it up at the cash register on your way out the door. It's not a cash and carry operation. Yeah, and so it's just got a very different pace. And honestly, I think that is one of the big challenges for many of these companies that have such a diversified set of businesses under them to try and analyze. And I think part of the reason why the stock has struggled the way it has, because what should we focus on?

22:04Should we focus on people coming back to work? Should we focus on the retail or how the high-end trade business is doing? Moving on, Fred, believe it or not, we're going to come back to tariffs. Wait, what? Oh, God. Once again, so for this week's feature, Fred, you took a closer look at how the tariffs on kitchen cabinets and bathroom vanities could affect the design industry. And what'd you find? I found more tariffs. Underneath the tariffs, there are more tariffs. I think we should sort of break it down a little bit because, you know, earlier we were talking about the 30 % tariff on imported upholstery, which we were sort of speculating.

22:39Well, is this a big deal? Is this not a big deal? Well, on kitchen cabinetry, it's 50 % eventually. On January 1st, it's going to be 50%. So that is a very big deal, especially because, of course, kitchen cabinetry is very expensive. In some cases, these systems are tens of thousands of dollars. And so a 50 % tariff is certainly a big one. And for the future, I kind of dived into the kitchen cabinetry industry and tried to understand where do these numbers come from, who's pushing for these, who's pushing against them, and just trying to understand, you know, the ecosystem here, because it is actually it is distinct.

23:14It's different than furniture, for sure. It is. And it sounded like there were there were many in this area of the market that were happy about these tariffs. Yes. Yeah. Well, I mean, that is kind of the key difference. Like, you know, we've gotten so used to over the past four or five months. I mean, you'll recall a few weeks ago, I wrote an article like trying to find people who were excited about the tariffs. And I was really turning over rocks. And it was very difficult to find. Even the most domestic of domestic upholstery makers had very, you know, mixed feelings about them because of, you know, all the reasons we've talked about before.

23:46So it was hard to find people who are really pro tariffs. That's not the case in the cabinetry manufacturing industry. There's a very strong, you know, industry group called the KCMA that lobbies aggressively for these tariffs. All, you know, I spoke to one manufacturer, a company called Marsh based out of High Point, you know, who was saying that, like, look, like there is a lot of overseas production of kitchen cabinetry at a very, very low price point. It floods the US market, it drives prices down, and it has the potential to destroy a manufacturing industry here in the US that never really went away.

24:20And so they're feeling very much like we need these tariffs. We know they will not lower prices, but they're important to preserve this industry. And so they fought really hard for them. And now that they appear to be being rolled out, you know they're they're they're cheering them for sure they're cheering them you know who's not cheering them is uh is the is the home builders is all the kitchen renovation people right i mean again we're talking about inflation but i mean also i think just a lot of confusion but what but what did you hear about that or what's your sense well i mean yeah i think confusion is probably you know that's the overriding tone here because we don't know so much is in the details right like will this affect Canada and Mexico?

Read the full transcript

25:01One thing I didn't realize is how much cabinetry is made in Canada. And a lot of designers rely on it. And it's, you know, if these tariffs affect Canada, then that will be very different than if they don't. So, so much of this really is in the details. But certainly, you know, the general consensus is that at the very high end, you know, your Henry Biltz, your Christopher Peacocks, even your, you know, your Plain English's imported of cabinetry, this won't really matter that much because, you know, the customer, the client who's shopping for that is already, you know, working with a domestic producer.

25:34In plain English's case, it's a European company or an English company, but they only have a 10 % tariff. So let's leave them aside. You know, they're just not as price sensitive. You know, they want what they want. And if it increases cost by a little bit, okay, so be it. But at the lower end, like the IKEA cabinetry and sort of the Home Depot level of cabinetry, this undoubtedly will raise prices. And because cabinets are expensive, it'll make, you know, building homes more expensive. And there's a lot of concern that this is only going to, you know, send inflation up and, you know, certainly not help our affordability crisis when it comes to housing.

26:04So, you know, it's a little bit of a mixed reaction depending on where you look in the industry. Absolutely. And if you look at the shares of Home Depot and Lowe's, they've been going a lot lower since this news came out because this is obviously a meaningful market for them. And they are a big, big seller of just a lot of vanities and cabinets and, of course, and lumber. So, I mean, it's very challenging for them. And again, unfortunately, it's the everyday consumer that seems likely to be the most impacted by this. I will say, though, however, you know, in speaking to, you know, this the CEO of Marsh, this cabinetry company in North Carolina, It was really interesting because, you know, sometimes we get this perception that, you know, nobody's really pushing for these tariffs because of the hesitation around them in the furniture industry.

26:56But, you know, I think back to, you know, when Alex Shuford was on the podcast and he was talking about how, you know, he thinks of his grandfather back in 19, you know, in the 90s or the 80s or whatever would have loved tariffs then, you know, protecting the case goods industry while there was still a case goods industry to protect. I'm sure would have been welcomed at the time. It's just that at this point, there's nothing left to save. And so, you know, the tariffs are more disruptive than helpful to a lot of furniture people. I think a lot of the cabinetry people feel like, okay, well, there is still something left to save.

27:26So we have to take, you know, these aggressive measures to try and keep it here in the US. So, you know, I'm sure there will be people who say that it's just protectionism. And I don't think there's any doubt that it will send up costs overall. But, you know, in speaking to this executive, it was really, you know, it was a reminder that there is a significant US manufacturing operation and it's worth thinking about that for sure. Yeah, I mean, and that's what tariffs are often used for is to protect a key industry. And so I certainly understand everybody in that part of the industry celebrating, although I noticed that some of the key organizations around kitchen and bath weren't exactly giving clear statements.

28:09Yes, well, I think because it's so complicated, Because of course, the dealers probably hate it because they're like, oh, well, you're going to make our prices go up. So I think you're referencing the NKBA, which put out a statement that was much more a little bit trying to not take sides and just talk about industry resilience overall. Because I'm sure there's all kinds of feelings at different parts of the market. Absolutely. And we talk about housing affordability a lot on the show. And I think you talk to the home builders and this doesn't help. And so, again, we'll see where this all shakes out.

28:40These are big numbers. They are. So we'll see if they ultimately end up being what really comes to market. But this does have the potential to have a meaningful impact. We've got to move on, Fred, because there's a controversial color that we have to discuss. Yeah, you thought those would have a meaningful impact. Exactly. Let's talk about gray. For House Beautiful, Janae McKenzie recently wrote about the color gray, including how it rose to popularity and just as quickly became a villain. And specifically the color millennial gray, which is very meaningful to me because I am a millennial and I am going gray.

29:15So this one hits home. I understand you polled your Instagram followers about this. What are designers saying about gray right now, Dennis? Well, I mean, besides the many designers who just sent me angry emojis and shared their dislike for millennial gray, I think some were more thoughtful and thought that, yes, clients have evolved a little bit and moved towards brown or caramel. Elena Frampton of Frampton Co. sent me a note and said that actually, even though we've been talking recently about more clients celebrating more color and British design, she thinks that might be a little bit exaggerated.

30:00And that actually many clients tend to still like just a little pop of color and that maybe gray doesn't bother them quite as much or that other neutral colors don't really weigh on them in the same way that I think a lot of designers get worked up about. I don't know. There were some designers who suggested that maybe the pendulum swung too far and that gray can actually come back in a meaningful way because it is a good neutral. What are your thoughts? I have many thoughts. I do think the article nicely points out how this theory that millennial gray is a reaction to the yellowy, honey, oaky tones of the 90s that people my age and a little bit younger all grew up with.

30:45And gray kind of conveyed this sort of sophisticated, lightly industrial, kind of Scandi look that was popular for a time. And it's also just an easy color. I'm going to admit it. I have a gray sofa. So it was an easy color to mix. And I think a lot of people are probably in a similar boat. So it's both utilitarian and there's sort of this cultural significance that I think resonates with a certain generation. I have to say, though, I feel like when you look at what's really popular in the leading edge of design, I feel like it's already been over. I think about Kips Bay, I can't think of a single even gray detail that I can remember.

31:23It's a very colorful house. and you know the more kind of standard look right now I feel like is the so-called sad beige you know the kind of the beige and the topes and that that feels like to some degree a little bit like the cliche of the moment not uh not millennial gray but uh I don't know you know it's it's always tough colors are colors are going to be popular they're going to be popular no matter what well and I think we and we've talked about this on the show before and I I saw a little bit of some remarks that Leanne Ford was making recently about this issue of neutralizing your home for that next buyer.

31:58And, uh, and she talked about not being a squatter in your own home that go, go ahead and, and live there. And, and that gray represented that safe color that you could, you could paint the walls and the next buyer wouldn't be too offended by it. But, um, you You know, I think, right? I don't, I mean, I wouldn't advise color drenching in gray. That has sort of, you know, shades of institution. I don't know. But I agree. Like, gray definitely fits in with the whole, like, house flipping core to some degree to do a lot of gray. I feel like it's over at this point, but maybe I'm wrong. I think that if it's as over as everyone thinks it is, it's probably just about to make a recovery, you know?

32:42Exactly. Exactly. I think Jen Gracie from Gracie sent me a note to that very same effect. She said, if everyone is talking it down, that it's probably just, so buy it. Buy Gray on the opening tomorrow and look for it to make a comeback. That's what Jen Gracie and I think. All right. That's it for the news, but there's plenty more to check out on businessofhome.com, including a look at fall trends and the latest industry hires. We'll be back in a minute, but first, a quick break.

33:15This break is brought to you by Newport Brass, trusted by designers for more than three decades. Newport Brass has handcrafted solid brass kitchen and bath faucets made to last for generations. With a palette of 22 finishes and endless configurations, Newport Brass gives every project presence, purpose, and distinction. See what's possible at newportbrass.com. Imagine having the hottest products in home furnishings right at your fingertips and at your doorstep in days. Imagine walking through a showroom where every turn of your head is an aha moment, and every turn of a corner takes you into a new world of inspiration.

34:00Stop imagining and start experiencing. You'll find the best of today in the best place at High Point Market. Stop into the Chelsea House showroom at High Point Market, 200 North Hamilton, October 23rd through the 29th. Or visit online at chelseahouseinc.com.

34:23And we're back. I'm joined now by legendary interior designer Alexa Hampton, who is also joining us in her capacity as one of the chairs for the Kipps Bay Decorator Showhouse, which is, as we'll talk about, celebrating its 50th anniversary. Alexa, thank you so much for joining me. Hi, I'm happy to be here. Well, it is great to have you and always a pleasure to talk with you. As you well know, we should, before we jump into all sorts of fun stories about the many times that both you and your father have done the Kips Bay Show House, we should tell listeners what the Kips Bay Show House is and its significance over the years.

35:06Not everyone may have had the opportunity to come and visit. This is the 50th Showhouse. The Showhouse is a major partner in the design industry of New York. New Yorkers have come to expect that designers every year come out, trot out our stuff on behalf of the Kipsch Bay Boys and Girls Club in the Bronx that serves 11 ,000 children and some of them at risk by giving them opportunities to learn robotics and to cook. and it has an amazing performing arts history and program. And the design community is thrilled, and I'm going to speak for it, is thrilled to be able to have such a close relationship with philanthropy that means something.

35:54This is New Yorkers for New Yorkers. And in the many years that we have expanded, it is now international this year. So this year we have Ben Pentry from the UK doing a room. We have people from Chicago. We have people from California, Florida. And it is a huge honor to be asked to be in the show house. And there's a fear factor quality to the Kips Bay show house because you usually have about six weeks to tear out bathrooms and kitchens and throw up cabinetry and install plaster moldings and borrow, beg, and steal. And then when the show house comes down, everything goes away. And usually the property is sold.

36:41And it has always had such a level of import. You tell me the early days when your father was doing it, I think he was in the first few years that your father was involved. And there's this wonderful picture of your father sitting on a stairwell in his tuxedo with a group of legendary designers. You could often find my father in his formal wear on a step. Just sitting on some steps. Just sitting there. Yeah. Sitting there with some other legends. He was cool that way. Yeah. No, I think the first room he did was with Alexander Stoddard for Macmillan. Okay. I'm curious to know how many Macmillan has done, how many show house rooms they did.

37:25a huge bite out of the show house last year, very successfully. But when I was in the third grade in Miss Roberts' class at Spence, our field trip was to the Gibbs Bay show house. Obviously, I mean, if anything could sound more weird in Upper East Side, I certainly can't think of it. But obviously this had been created by my father. He'd been like, okay, well. Sure, bring all the kids over to the house. But as a result of that early exposure, it has been very much in my mind forever. The Kids Bay Showhouse is just a thing that is very New York. It usually happens in May, though because of real estate kerfuffles and crosswires, it's happening this year in the fall.

38:22Right. And to your point, it usually happens on the Upper East Side and had become legendary in its own means for that. But this year, a very different location down on West 12th and kind of a cool West Village vibe. Very cool. I very much would love to live in this area, but my window of cool was very slender and it passed. So I am stuck in Midtown. But yeah, it's in a really great neighborhood, and hopefully we're capturing a lot of visitors who are new to the notion of the Kips Bay Showhouse and getting to see it. And New York, we are a growing thing. The showhouse should be everywhere. We've been uptown on 120th.

39:11Now we've been on 12th. It's very exciting. It is very exciting. And I think that the spaces themselves just force you to make different decisions, right? and different things are possible or not possible. Yeah. As you know, I was just reading something this morning that Vicente Wolfe was saying that so many things that he had ordered were either unavailable or just didn't come in that the result was his room had a quote, spontaneity, but he was psyched about it. And certainly the room looks great. So I loved his attitude on that. That is, it is a fact those things happen. I know somebody came in with, I think Charles Pavarini in his Zoom room that he designed upstairs, came in with a huge slab of marble, and it just didn't fit up the stairs.

40:01So back it went to the marble yard to be cut down. And there must have been so many things like that. And as you say, what is remarkable about what the decorators and designers who do Kipps Bay is their ability to pivot at a moment's notice. This isn't coming. That's no longer available. Somebody was telling me the fabric that they had chosen originally, not there. I mean, they were just one thing after another. You say pivot. I say we keep our knees bent. Yes. Keep them bent so that we can go wherever we need to at a moment's notice. Well, so thinking back to when you were a young girl at Spence, those happy days.

40:46As your eyebrows are shooting up with what I can only assume is scorn. Well, no. No, no, no. I was always very fond of Spence girls. Listen, going to Buckley, you were just happy to see girls. Right. Oh, my God. The Buckley boys. Yay! Yes. So I was quite partial. But I wonder, what did you make at the time of, here's your father working on this prestigious show house? Did you really, and did your classmates really understand what this was all about in this world? I mean, do we even now understand what it's all about? Certainly. And we were all forced to write thank you notes to my father when we got back to school.

41:30I love that. I'm sure my classmates were like, dear stinking Mr. Hampton. Thanks a lot. Thanks for making us go to that house. What are we there for? I don't know what they made of it. But my family is lousy with design enthusiasts. We're everywhere. So for me, it could not have been more normal. And this was, again, if you are a design enthusiast, the year that that was, was a year in which he did a beautiful dark brown room with white slipcovers. And it is opposite in the book of Kip's Bay, the 50 years of Kip's Bay. It is opposite Jim Druckmann's dedication. So it's a really great room to see right out of the gate.

42:15But there have been so many great rooms. I know, obviously, Mario's rooms. I know Bunny's rooms. Corey Damon Jenkins has just blazed all kinds of trails in Kips Bay. Absolutely. So many wonderful talents, so many epic design turns. It's great. And it's great that people have complex feelings about show houses and decorating, and is it frivolous, and is it expensive, and what is the message? But the message is we're putting on a show for 11 ,000 kids in the Bronx. And that is a wonderful merge of it's a cleansing of what could otherwise feel complicated. But it's meaningful. And frankly, I consider this an audition for my future clients, those students in the Bronx.

43:10So I'm trying to impress them so that they hire me in 10 or 15 years. Well, I mean, interestingly, it often has been as a launchpad for people's careers. And I feel like some rooms and even some staircases in the history of Case Bay, right, have just been so memorable that they become iconic and almost an indicator of that specific time period and all that it was about. And I know exactly what staircase you're probably referring to, Sasha Bikoff's incredible Memphis-style staircase. And I was in that showhouse that year, and I remember an older woman coming in and not getting the staircase. and she came to me as a traditionalist myself and said, oh, you know, what's happening with those tears?

44:03And I was like, it's magnificent. Don't come to me looking for anything other than total props for Sasha. And it was also great for the show house because it was so talked about and so new and exciting. It got so many people to come to the show house to see it. and I think as a consequence of it, she went on to design with Versace and did all kinds of things. It was a calling card of her bravery, her mastery of the style she adopted for the show and I mean, it just showed, look what this lady can do. So the wisdom is you either decorate like you want to decorate, to show what your quote unquote style is or you swing for the fences.

44:54And those are the two distinct ways you go about show house decorating. And if you're lucky enough, you get to do at least one of each at some point in your life. You know, if you're lucky enough to do it twice. Well, and you've had the opportunity. So I can't remember how many show houses your father had done. I mean, let's assume a thousand. Let's say, right? It was a big number. He had done a lot. And then do you remember when you did your first Kips Bay show house? Yes, I do. No, it was Layden Lewis, who is doing a beautiful run this year in the show house. He and I were in the class of 99.

45:32That was our first show house together. And we shared a cord of firewood. I saw his, he reminds me of this story. I saw his empty fireplace and I was like, Mr. Lewis, certainly you need some firewood. Can I lend you some? And he was like, okay. And it is like a graduating class. Each year, the designers have that special bond because we've gone through it together. So 1999 was the first one. And you were stepping into so many things at the time. You were stepping into your father's business. Yeah, so it was a year after my father had died. And so I was very much decorating in that show house to have people see that I could decorate properly.

46:26Yeah. You know, that wasn't a Razzmatazz show house for me. That was, I am Mark Hampton's daughter and I'm not totally insane. And it was a great show house. And it was a great show house. I mean, much was written about it at the time, and it seemed as though your messaging worked, right? And everyone saw that room and thought, yes, okay, she can carry this on, which was a huge undertaking on your part. Perhaps. All I remember was Marianne Himes Gomez had the most beautiful living room that year. And Scott Salvatore had a gorgeous dining room with tons of awning stripes. And Thomas O 'Brien was upstairs and he had a wonderful rug from Tony Mott, who owns Crosby Street Studio, who did my rug this year.

47:11So still so many correspondences. Yeah, look at that. It's good stuff. Well, so tell me about your room that you did this year. I mean, I've spent time with you in it and it's a beautiful room, but tell me, there's stories within. So many stories. The room was inspired by an Oscar de la Renta dress, which was transformed by the company 22 into two distinct fabrics that they created digitally using the dress. And they are on the curtains and on the bed, the bed, which has a storied past. It was the Duchess of Marlboros. And then it was my parents' bed for 40 years in Southampton. And it is a queen-size bed.

47:53And I told you my father described king beds as vulgar, which I find so funny. It's such a big opinion to have. It's so mean. Exactly. Such a strong word to use to describe it. It carries judgment. So when it left Southampton to cede to a king-sized bed, it couldn't just go away. This bed is magnificent. So that is the core of the room, which is very traditional and what I like to describe as unabashedly pretty. And then it is brought into the modern day by the Crosby Street Studio, Scandinavian Rug, Thomas Englehart's paper mantle. And to anyone listening, that is such a head scratcher that you're simply going to have to come to see it for yourself.

48:45Reason alone to come to the house is to see the paper mantle. A paper mantle and my friend Celia Roget, who did a beautiful, subversive, trompe l 'oeil photograph of a mirror. And so, so many people, Hyde Park Mouldings, Anthony Lawrence Belfair did the bed, the shade store, of course, did the curtains. I'm like thinking, thinking, thinking, Gallerie de L 'Homme sconces, tons of custom lamps. Now I sound like I'm giving an Oscar acceptance speech. I'll stop. Well, no, you know, I'm trying to think about what it meant to do the Kips Bay Show House when your father was doing it. And if you have insight as to how your father thought about it, was he thinking this was helpful to get work?

49:33Was it a press thing? No, I did not have to be told to feel that he was incredibly honored to be a part of it. And there were sort of that whispering, sepulchral seriousness when you walked in. People were, you know, very amazing decorators were preening and so excited to be a part of it. And that is very much still the case. You have to be invited. You need to submit a portfolio. It is willing to be asked. And as you said, it's an opportunity. And I'm glad it's an opportunity because it's also an expense to be a part of. And you've got to, you know, the best thing is always like a small room.

50:16A small room is amazing because then you can just jewel box it out. But anything is amazing. To be asked is a real honor. and Dan Quintero, who runs Kips Today Boys and Girls Club in the Bronx, and Jim Druckmann, who is the president of its board. And all of us will tell you, if anybody has a chance to go and look at the Kips Today Boys and Girls Club, it is an amazing place. And it's so inspirational. And these kids are brilliant. And what they're doing is, you know, I'm like, how do I get myself into that program. Can someone let this old lady in? What they're teaching is extraordinary. And this is New York's future leaders and citizens.

51:04And it's great to be part of that citizenry. Yeah, no, no, no. And I'm so glad that you tied it back with that, because I think for many years, people didn't realize the connection and what it was. And now there's there's such a better understanding of the incredible charity and the work that that organization does to help the 11 ,000 children, as you were saying earlier. And so it really does give a lot back. Are there funny stories or fun memories that you call to mind from the past? You know, all of that, all of the memories are happy after the fact. Yeah. When you're going through it. I've many times over the years threatened to print T-shirts that say it's not Kip's Bay if you're not crying.

51:54Sure. Just because of the fear factor element. But it is after the the hurdles. It's just all fun. All fun. Yeah, I mean, there's an intense pressure. As we were saying earlier, there are so many things that at the last minute, I remember in that house a couple of years ago, a woman had two mirrors in her room and one of the mirrors had broken with the first delivery and they had to quickly rush. I mean, it's another reminder too, and Jim Druckmann and I were talking about this last night, that it shows you what you can get done in such a short period of time and what people are capable of doing.

52:31The number of high gloss ceilings in this year's house is extraordinary, and those are not easy to do. Yeah, no. And by the way, all of this was going on in construction with no air conditioning. Exactly. Which was incredible. Well, it's an incredible group. And we mustn't leave out Nazira, who plays such a huge role. Yeah, she runs all of the Kips Bay show houses in New York, Palm Beach, and Dallas. But she gets things done. And for designers who want to do Kips Bay, I would say by all means, send in your portfolio. And until Kips Bay comes a call in, do other show houses too. Work through it.

53:17Because show houses are a particular animal. And it is good to maybe have seen the lay of the land before you get to the big daddy Kips. and it's a great way to get out there. It's a great way for people to see your work. Obviously, as a profession, we don't really advertise. So it's always a good way to get yourself out there and to feel like you're doing good because most show houses do benefit an organization or other. Yeah, and you're a big believer in doing show houses and getting yourself out there. And being a good community member. That's always good juju. You want to be a good contributor to your people always, whether that is New Yorkers or the design community or the wonderful vendors we work with.

54:08Hopefully, you know, it's extremely important to celebrate all of those vendors, craftsmen, artisans, artists, and make sure everybody who comes through sees their work and hopefully they get new followers, new, that sounds like I mean social media, but I don't, you know what I mean, new fans. um people frequent designer people frequently you'll either hear someone saying they're upset because they got a big room or hear someone saying they're upset because it's got a small room so you know that you just you get what you get you don't get upset you come in you write down you know three or four spaces you really want to do and then it goes into a lottery So sometimes you are not matched with your heart's desire, but as Mr.

54:57Wolf said, spontaneity will be your God, right? Well, exactly. And listen, as we say, it has definitely launched careers, and often it was a stairwell or a powder room. And especially stairwells are difficult. And I can think of quite a few in recent memory that were knockouts. So it is bringing to life the less obvious spaces that's very memorable. And often, I think, can demonstrate what you can do with a challenging space, which is, I think... Exactly. Right? Deft hands. Yes. Yes, indeed. Alexa, you're so kind to make the time. Here we are. It's just the day after the opening of the show house.

55:43People were pouring through your room last night. I would like our listeners to know that I am at the show house right now, crouched in an out-of-service bathroom, sitting on a toilet doing this podcast with you. Granted, the seat is covered. I am not using it. I'm just sitting on it. But that is how much I want to talk to Dennis Scully. Well, and I am so grateful to you for that. And I will take you in any room in any state. I really I'm I'm just incredibly grateful. And I thank you. So and I congratulate you again for your room. And I congratulate Kips Bay on the huge anniversary. And thank you again for making the time.

56:27Thank you.

56:31And we're back. We're getting to the end of the show here, but before we go, we'd like to take a second to highlight anything going on in the industry that might have caught our eye. Fred, what caught your eye? Chaddick caught my eye, our friends down in North Carolina. You know, we talked a few months ago about sort of the sad demise of EJ Victor, you know, a company that they had a horrible flood because of Hurricane Helene and they weren't able to restart the business. And, you know, they just recently announced that they were permanently shuttering. But what I've noticed is that Chattuck has actually picked up some of their, like they have the Alison Palladino line that used to be done by E.J.

57:04Victor. Now Chattuck is producing it. I believe that they were able to hire some people from E.J. Victor. So, you know, certainly not a happy ending for E.J. Victor, but nice to know that some of the designs that were produced there have moved on. Some of the employees have moved on. So a little bit of a silver lining, you know, in an unfortunate story. And I'm glad to see that they're in good hands with Chattuck. What caught your eye this week, Thomas? A couple of things caught my eye. First, the giant October issue of British House and Garden arrived at my house. And I had to laugh, Fred, because recently we were talking about luxury and how all the magazines used to say, no, no, this one is the luxury issue.

57:39This issue is the big design and decoration issue. Wait, aren't they all big design and decoration issues? But this one, even bigger. And you know what? I have to say, it actually delivers in a huge way. Designers are going to want to get their hands on copies of this if they don't already subscribe because it is jam-packed with product. And in the conversation I had with Sarah Spateri, we were talking about how both the ads and the editorial, when they're done right, can really be equally meaningful to the reader. And that is certainly the case with this issue. It is just packed with product and also a lot of just designer collaborations with different companies.

58:22There's a Design 100 list that is as much about product as it is about the designers behind it. So it's a really sort of standout issue, I have to say. It's pretty impressive. And again, those British magazines, I just feel like they are giving us a run. Is there any gray in it, Dennis? Any gray? There is no gray. It's so warm and friendly and inviting. No millennial gray here. The other thing that I wanted to mention is that next week I will be in Chicago. That's right. Tuesday, October 7th from 5 to 7 p.m., I will be in the Serena and Lily Chicago Design Shop. So come and see me there. We're going to be doing a fun panel talking about art and women in art particularly.

59:07So I'm really looking forward to that. But I'm especially excited to be in Chicago. I've been eager to get there. So I look forward to seeing, hopefully, lots of people there to kick off the big design Chicago events that will be going on. All right. That's all the time we have today. Thanks so much for listening. If you want to keep up with the latest news, browse job listings, or take a workshop, visit us online at businessofhome.com. If you want to get in touch with the show, write to us at podcast at businessofhome.com. This episode was produced by Fred Nikolaos and Caroline Burke and edited by Michael Castaneda I'm Dennis Scully Have a great weekend and we'll be back with you on Monday

From the publisher

Host Dennis Scully and BOH executive editor Fred Nicolaus discuss the biggest news in the design world, including new tariffs targeting the home industry, MillerKnoll’s latest earnings report and what’s behind the enduring popularity of millennial gray. Later, designer Alexa Hampton joins the show to talk about the Kips Bay Decorator Show House—including her family history with the event, how it benefits the local community and what it can mean for a designer’s career. 

This episode is sponsored by Chelsea House and Newport Brass

LINKS
Alexa Hampton
Business of Home

More from Business of Home Podcast

All 209 episodes
The Thursday Show: A fresh round of tariff chaos. Plus: Alexa Hampton on 50 years of Kips BayBusiness of Home Podcast · 1 h
Listen in VO