Furniture

Steinhoff’s turnover up due to takeovers

15.06.2017 − Turnover of Steinhoff International Holdings increased in the first half of the 2016/2017 financial year by 48% vis à vis the comparative quarter of the preceding year to €10.2bn. » more

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Double-figure reduction in furniture exports in February

12.06.2017 − According to information from association of the German furniture industry VDM, German exports of furniture in February were 10.1% lower than in the same month of last year. » more

Choppy trading in the German furniture industry

09.06.2017 − Total sales revenue generated by the German furniture industry rose consistently in the first quarter.» more

Homag lands big order from China’s Oppein Group

22.05.2017 − Chinese Oppein Home Group has ordered a total of 307 stand-alone machines with a total value of €30m from German Homag Group. » more

Nobia increases first-quarter revenues by 7%

11.05.2017 − Swedish Nobia posted a 7% upswing in net revenues to SEK3.315bn in the first quarter. Adjusted for negative currency effects of SEK85m, the company booked an organic growth rate of 10%. » more

Final investor talks at Allmilmö, Zeyko, Nolff

05.05.2017 − Talks with investors regarding German Allmilmö, Zeyko and Nolff, which are owned by the kitchen- and bathroom-furniture division of la Cour Holding have now reached a critical phase.» more

Exports of kitchen fall for first time since July 2015

27.04.2017 − Turnover generated by the German kitchen-furniture industry in February declined year on year by 9.4% to €368.6m. » more

Forte: DACH region's turnover share increases slightly

21.04.2017 − As already reported, Polish Fabryki Mebli Forte achieved turnover in 2016 of PLN1.090bn, of which roughly PLN601.7m, or 55.2%, were accounted for by the DACH region. » more

Tvilum confronted by turnover decline in 2016

16.04.2017 − Danish Tvilum concluded the 2016 financial year with a drop in turnover of almost 10% to DKK1.269bn, equivalent to approximately €170m. » more

Investor discussions for Nieburg Küchen continue

13.04.2017 − Even after announcement of the closure, investor discussions concerning insolvent Nieburg Küchen are continuing with a potential Chinese investor. » more

Vivonio takes over cupboard producer Noteborn

06.04.2017 − Following the takeover completed in 2016 of German Leuwico, Vivonio-Furniture took over the Dutch cupboard producer Noteborn with effect from 21 March. » more

Forte’s turnover exceeds PLN1bn for first time

03.04.2017 − Polish Fabryki Mebli Forte once again concluded the 2016 financial year with a significant turnover increase by 14.3% to PLN1.090bn, which is equivalent to approximately €249.2m. » more

Steinhoff’s turnover increases in Q1 of 2016/2017

28.03.2017 − Steinhoff International Holdings increased its group turnover in the first quarter of the 2016/2017 (30 Sept.) financial year by 45% vis à vis the preceding year to €5.336bn. » more

Ashley Furniture to invest USD65m in logistics centre

23.03.2017 − US-American Ashley Furniture Industries is set to spend USD65m on building a new logistics centre with an area of about 850,000 sqft or nearly 80,000 m² in Mesquite, Texas. » more

Investor process at Nieburg Küchen officially initiated

21.03.2017 − In the provisional insolvency proceedings for German Nieburg Küchen a structured investor process was initiated on 6 March. » more

Howdens: Turnover growth slows in 2016

15.03.2017 − Growth at the British Howden Joinery Group (Howdens) has slowed slightly. » more

Turnover of German furniture industry up by 3.2%

10.03.2017 − In the entire period of 2016 turnover of the German furniture industry increased by 3.2% to €17.957bn. » more

la Cour: Insolvency filed for Allmilmö, Zeyko and Nolff

08.03.2017 − On the evening of 23 February, the kitchen- and bathroom-furniture division of German Cour Holding filed for the commencement of insolvency proceedings at the Bamberg district court. » more

Alno intends to relocate service units overseas

06.03.2017 − The first details concerning negotiations on the restructuring programme of Alno which was announced in January, have now been revealed. » more

Schmidt Küchen’s industrial turnover increases to €500m

01.03.2017 − French Schmidt Groupe, which owns German Schmidt Küchen, increased its industrial turnover in the 2016 financial year by 14% to roughly €500m.» more

Nobilia pushes capacity expansion in Kaunitz

24.02.2017 − With the long-scheduled expansion of the Verl-Kaunitz plant as well as ongoing assessment of investment possibilities in China, German Nobilia-Werke J. Stickling intends to lay foundations for further growth. » more

Polish kitchen production rose at double-digit rate

21.02.2017 − Polish production of kitchen furniture made out of wood shot up 40% to 1.305m units in the fourth quarter of 2016 compared with the prior-year period. » more

Nobia: After-tax result plunges into the red

16.02.2017 − The result after tax of Swedish Nobia slid into the negative zone in the fourth quarter of 2016 at -SEK264m. » more

Alno concern shows renewed turnover growth of 4%

14.02.2017 − According to provisional figures, concern turnover at German Alno increased in the 2016 financial year by more than 4% year on year. » more

Forte and IFPL start furniture joint venture in India

08.02.2017 − According to an ad hoc notice published on 18 January, Polish Fabryki Mebli Forte intends to become part of a joint venture in India with Indian Furniture Products (IFPL).» more

Lacquered laminates raise their market share again

03.02.2017 − Foil surfaces for kitchen fronts sold as lacquered laminates garnered more market share again last year. » more

Insolvency proceedings at Röhr-Bush suspended

01.02.2017 − The insolvency proceedings under own administration at German Röhr-Bush were suspended, as expected, with effect from 31 December 2016. » more

Steelcase generates profit in the EMEA region again

26.01.2017 − In the third quarter of its 2016/2017 financial year (28 Feb.), US-American Steelcase generated an operating profit in the EMEA region of US$2.7m, after the previous year had seen a loss of US$14.9m. » more

Häcker Küchen exceeds €500m turnover

23.01.2017 − In 2016, German Häcker Küchen showed year-on-year turnover growth of 9.9% to €512m, thereby exceeding the annual-turnover mark of €500m euros for the first time. » more

Nobia selling Poggenpohl to Adcuram Group

20.01.2017 − Swedish Nobia has come to an agreement with German Adcuram Group on the sale of Poggenpohl Möbelwerke. » more