West Elm Advises of Intent to Terminate Partnership with Inscape

Inscape Corporation (the “Company”) (TSX: INQ) has been advised orally today that West Elm, a brand of Williams-Sonoma, Inc., intends to terminate their partnership effective June 29, 2018. The two companies entered into an agreement in 2014 to create the West Elm Workspace with Inscape collection. The Company has not received a formal notice of termination.

“We expect we will work with West Elm to develop a transition plan over the next 120 days that minimizes impact on our dealers, partners and entire team,” said Brian Mirsky, CEO. “Our company has an impressive 130-year history in the contract furniture business and we are confident in our ability to continue to thrive in this continuously evolving industry.”