Furniture

Larger turnover fluctuations in the furniture industry

14.08.2017 − In April and May, the German furniture industry showed even greater year-on-year fluctuations in turnover than in the first quarter. » more

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Nobia turnover increases in north only in Q2

09.08.2017 − During the second quarter net turnover of Swedish Nobia remained at virtually the same level as the preceding year at SEK3.408bn. » more

Turnover stagnates and results decline at Forte

07.08.2017 − Following the slightly downward trend at the be-ginning of the year, the Polish Fabryki Mebli Forte showed consolidated turnover in the second quarter of 2017 at an unchanged level year on year. » more

Howdens records 4.6% turnover rise

03.08.2017 − Total turnover of British Howden Joinery (Howdens) increased by 4.6% in the first 24 weeks of the 2017 financial year (30 December) vis à vis the comparative period of the preceding year to £553.0m. » more

Kitchen industry achieves strong turnover growth

31.07.2017 − Turnover generated by the German kitchen-furniture industry showed double-digit-percentage growth again in May 2017, rising year on year by 10.7% to €435.8m. » more

Alno & Wellmann file self-administration applications

26.07.2017 − Alno applied for the opening of restructuring proceedings in self-administration at Hechingen district court on 12 July. » more

Corporate changes influencing kitchen business

20.07.2017 − Cumulated over the period of January to June, German kitchen manufacturers mostly registered growth in receipts of orders compared to a year earlier. » more

Nieburg Küchen: Talks with interested parties break down

17.07.2017 − Talks held with a Chinese potential buyer of insolvent German Nieburg Küchen, were ended in June without result, whereupon the creditors' meeting decided on 21 June to shut down the company with effect from 31 » more

Austria: Furniture production grew by 8.8% in 2016

14.07.2017 − In terms of volume, furniture production in Austria increased over the entire period of 2016 by 8.8% to €1.998bn according to preliminary figures of the association of Austrian furniture industry.» more

German furniture exports to the USA down by 17.1%

11.07.2017 − On the basis of data from the Federal Statistics Office the German Furniture Industry Association (VDM) reports that deliveries to the USA declined most sharply in the first quarter, at 17.1% to €101.7m.» more

Upholstered furniture turnover down by 13.3%

06.07.2017 − Turnover of the German upholstered furniture industry declined by 13.3% to €85.8m in April which is therefore the second time in the course of the year so far that it has declined at a double-digit rate. » more

Furniture exports up again by 1.3% in March

29.06.2017 − According to the Association of the German Furniture Industry (VDM), German furniture exports increased again by 1.3% in March 2017. » more

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

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