Mobilux takeover of Conforama cleared Autorité de la concurrence uses failing firm defence for first time

The Danish chain of furnishing stores Jysk Holding A/S of Brabrand closed its business year 2021/2022 (31 Aug.) with an 11% increase in sales revenue to DKK36.2bn (DKK32.6bn) (equivalent to €4.87bn). As such, the growth turned out to be slightly greater than in the previous business year in which growth of 7% had been...

In July 2022, turnover generated in the French furniture retail trade declined by 13.9%. All product groups and distribution channels contributed to this development. With the exception of the declines recorded during the corona lockdowns in the past two years, this was the most significant decrease ever recorded. In...

Austrian XXXLutz Group (Wels) intends to acquire Swiss furnishing store Meubles Pesse S.A. in Monthey in the canton of Valais. In the search for a succession solution, the owner family, the Pesses, has decided to sell the company to XXXLutz. Confidentiality has been agreed concerning the purchase price. The transaction...