Furniture

Spanish living room furniture imports positive again

30.07.2021 − Following an 11% decline over the entire period of 2020, Spanish imports of living room furniture increased again in the first quarter, by 7.3% to €827.0m.» more

ADVERTISEMENT

MaForm now holds 42.8% of all Forte shares

27.07.2021 − MaForm Holding, which was newly founded at the beginning of December, currently holds a total of 42.8% of the 23.931m shares issued by Fabryki Mebli Forte. » more

Shareholders approve acquisition of Knoll

26.07.2021 − In two extraordinary meetings held on 13 July, shareholders of Herman Miller and Knoll approved the plans to acquire Knoll, which were announced in April. » more

Howdens: turnover growth higher than expected

23.07.2021 − In the first six months, Howden Joinery Group (Howdens) increased its turnover by 68.8% vis à vis the comparative period of the preceding year to almost £785.0m. » more

US furniture imports increase by one-quarter

22.07.2021 − In the first quarter, US furniture imports increased by 26% compared to the corresponding period in the preceding year to US$14,566bn. » more

France: furniture trade benefits from catch-up effects

19.07.2021 − In May, turnover of the French furniture trade increased by 10.1% vis à vis the preceding year. » more

Growth in online furniture trade continues

16.07.2021 − In the second quarter, gross turnover generated online in connection with furniture, lamps and decorative goods rose by 27.4% to €1.799bn.» more

Narbutas expects turnover growth of at least 15%

15.07.2021 − For the 2021 financial year, Narbutas International expects turnover growth of at least 15%. » more

Hettich acquires majority share in Actiforce

12.07.2021 − In June, Hettich group acquired a majority shareholding in Dutch manufacturer of height-adjustable desk systems Actiforce Europe. » more

Specialist retail chain Jysk plans expansion to Turkey

09.07.2021 − Danish Jysk group plans to open its first stores in Turkey in April 2023. » more

Swedish furniture imports increase by 7%

07.07.2021 − Following a 2% decline over the entire period of 2020, Swedish furniture imports increased by 7% in the first quarter to SEK5.626bn. » more

Russian furniture imports pick up again

05.07.2021 − Following the considerable decline of 10% in the third quarter, Russian furniture imports picked up again in the fourth quarter. » more

Belarusian furniture exports increase strongly again

01.07.2021 − In the fourth quarter, Belarusian furniture exports increased significantly once again, by 19% to US$199.3m. » more

US furniture manufacturers’ order backlogs still growing

24.06.2021 − At a value of US$7.222bn, the backlog of orders held by US furniture manufacturers in the “Residential” segment in March was higher again than in February (+6%). » more

Poland exported slightly less furniture last year

21.06.2021 − Polish furniture exports staged a bit of a recovery towards the end of last year after tumbling by 16% in the first six months of 2020. » more

USA: comparative basis led to high turnover increase

17.06.2021 − In April, US manufacturers of kitchen and bathroom cabinets recorded a considerable increase in total turnover - up by 46.8% compared to the preceding year. » more

Furniture sector to sell off finished goods stocks quickly

16.06.2021 − Much stronger demand for furniture looks to be on the cards in the coming weeks again as lockdown measures in Germany continue to be eased and furniture retailers are able to reopen their doors.» more

Recticel sees Greiner offer of €13.50 per share as too low

11.06.2021 − The board of directors of Belgian foam manufacturer Recticel considers the voluntary takeover bid of Austrian Greiner AG as too low.» more

Tvilum acquires Steens Group

10.06.2021 − Danish furniture manufacturer Tvilum has taken over Kjellerup-based Steens Group.» more

Nobilia opened new manufacturing plant in Saarlouis

08.06.2021 − Nobilia-Werke J. Stickling officially opened its new plant V in Saarlouis on 19 May which had been under construction since mid-2019. » more

Forte’s export sales have shifted

07.06.2021 − The consolidated sales revenue of Fabryki Mebli Forte increased by 8 % to PLN298.6m or €65.3m in the first quarter vis à vis the preceding year. » more

China: 2020 EU furniture imports decline by 10%

02.06.2021 − In 2020 Chinese furniture imports from the EU decreased by 10% to €1.057bn.» more

Swedish furniture exports decline by 3%

28.05.2021 − In the fourth quarter of 2020, the value of Swedish furniture exports - at SEK5.054bn - stagnated at approximately the same level as the preceding year. » more

Double-figure decline in Kimball’s sales revenue

21.05.2021 − Sales revenue generated by Kimball International in the third quarter of its business year 2020/2021 fell sharply by 22 % to US$138.7m.» more

Order value for kitchens increase by 4.6% in 2020

13.05.2021 − The average order value of a kitchen sold via the German retail trade increased further in 2020, by €425 - or 4.6% - to €9,678. » more

Veriset ramps up new line according to schedule

10.05.2021 − Swiss kitchen manufacturer Veriset ramped up the new production line at company headquarters in Root, which was commissioned at the beginning of 2021, according to schedule by early April.» more

Belgium: imports increase for first time in Q4

06.05.2021 − In the fourth quarter, the value of Belgian furniture imports increased by 8% to €615.8m. » more

RiverRock seeks co-investor for Neue Alno

03.05.2021 − RiverRock European Capital Partners is looking for a co-investor for Neue Alno. » more

Natuzzi and TTF plan sales cooperation in Asia

30.04.2021 − Natuzzi and Vietnamese Truong Thanh Furniture Corporation (TTF) plan to cooperate in the APAC region. » more

Snaidero sells Rational to Bravat Group

29.04.2021 − With effect of 1 April, the Bravat Group has taken over Rational Einbauküchen as well as its subsidiaries Rational Built-in Kitchens and Regina within the scope of an asset deal.» more