Furniture

Swedish furniture exports similar to last year

02.07.2020 − In the first quarter Swedish furniture exports, at SEK4.576bn, were at approximately the same level as last year. » more

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Wren Kitchens plans to open twelve new stores

30.06.2020 − In July and August British kitchen furniture manufacturer Wren Kitchens plans to open four showrooms in Worcester, Wakefield, Wolverhampton and Peterborough. » more

American Woodmark’s profit impaired by stoppages

29.06.2020 − The net profit of the US kitchen and bathroom-furniture manufacturer American Woodmark fell by 9m US$ in the fourth quarter of its business year 2019/2020 to 13.0m US$:» more

Q1 kitchen exports correspond to preceding year

26.06.2020 − In the first quarter, German kitchen furniture exports very slightly exceeded the preceding year’s figure, by 0.2% to €509.1m. » more

Turnover decline in furniture industry continues

25.06.2020 − Turnover development in the German furniture industry, which had already been declining in January and February, continued at a slightly slower pace in March. » more

Conforama: But offer could be submitted soon

22.06.2020 − The trade unions of French furniture retail chain Conforama meanwhile prefer a takeover by competitor But International to a state-guaranteed loan. » more

Kitchen furniture industry expects subdued demand

19.06.2020 − After the majority of German kitchen furniture manufacturers had concluded the first quarter with increases in incoming orders, demand slackened off considerably in the following weeks.» more

US furniture imports decline by 7%

15.06.2020 − In the first quarter US furniture imports decreased by 7% to US$11.574bn vis à vis the comparative quarter last year.» more

Demand for kitchens slackens off in China

12.06.2020 − Within the scope of the corona crisis demand for kitchens in China has slackened off quite noticeably. » more

Turnover in French furniture trade plummets by 50%

08.06.2020 − In March turnover in the French furniture retail trade dropped by 51.6%. » more

Russia imported 3% more furniture last year

05.06.2020 − Russian furniture imports increased by 3% to US$1.974bn last year. » more

Knoll’s sales revenues reduced by works closures

01.06.2020 − The works closures in the USA and Italy in the second half of March in connection with the corona crisis have reduced the sales revenue of the US office furniture manufacturer Knoll by roughly 12m $. » more

Short-time work at 80% of furniture manufacturers

28.05.2020 − In April 2020, as expected, the temporary closure of the brick-and-mortar furniture trade led to relatively extensive consequences for the German furniture industry.» more

US furniture industry records turnover rise in February

21.05.2020 − Following a 3% decline in January 2020, turnover of the US furniture industry in the residential area increased again in February by 4% to US$2.219bn in February. » more

Furniture manufacturers introduced short-time working

18.05.2020 − As expected, the temporary cessation of stationary furniture trading in April led to far-reaching effects on the German furniture industry; just under 80% of the companies introduced short-time working.» more

Polish furniture exports up 5% in fourth quarter

14.05.2020 − In the fourth quarter of 2019 Polish furniture exports increased by 5% to €3.005bn. » more

Steinhoff postpones balance sheet date and AGM

20.04.2020 − Steinhoff International Holdings will not publish the audited consolidated financial statements for the 2019 financial year on April 30 as planned, but probably two months later on June 30.» more

Kitchen furniture exports increase by 2.2%

20.03.2020 − In 2019 German kitchen furniture exports increased by 2.2% vis à vis the previous year to €2.092bn.» more

Furniture industry records turnover rise in December

18.03.2020 − Following the negative development recorded in October (-1.5%) as well as November (-3.9%), in December turnover of the German furniture industry actually surpassed the preceding year’s figure again.» more

acpi to do business as Cabinetworks Group in the future

13.03.2020 − ACProducts (‘acpi’) will operate as Cabinetworks Group in the future following the 18 February completion of its acquisition of the Cabinetry Products division from Masco.» more

Masco Cabinetry: Deal to close in late February

28.02.2020 − Masco intends to complete a deal negotiated in mid-November 2019 to sell its Cabinetry Products division by the end of February. » more

Nobia turnover improves due to currency effects

21.02.2020 − In the fourth quarter, Nobia generated turnover of SEK3.445bn, an increase of 2% vis à vis the comparative period of the previous year. » more

€12bn turnover in 2018 for Polish furniture industry

20.02.2020 − In 2018 the Polish furniture industry generated total turnover of PLN49.6bn, equivalent to some €12bn. » more

Bega Group and BRW extend cooperation agreement

12.02.2020 − The Bega Group and Polish Black Red White (BRW) extended their existing cooperation agreement for a further five-year period. » more

Häcker to commission new plant by September

07.02.2020 − In the 2019 financial year Häcker Küchen improved turnover by 2.3% to €616m. » more

RTA manufacturer Bestar takes over Bush Industries

31.01.2020 − The flat-pack furniture manufacturer Bestar controlled by Canadian Investissements Novacap and Brossard has taken over Bush Industries, which operates in similar market segments. » more

US furniture industry records order decline in October

28.01.2020 − In October US furniture manufacturers in the residential sector were confronted by an 8% decline in orders to US$2.369bn. » more

Further turnover increase for furniture trade in 2019

27.01.2020 − Turnover in the German furniture, kitchen and furnishings trade sector increased by 4% to €34.2bn gross over the entire period of 2019. » more

Furniture exports decline marginally in October

24.01.2020 − Following a double-digit increase in September (+11.1%), German furniture exports declined marginally again (-0.6%) against last year’s comparative figure in October. » more

Furniture industry turnover down again in October

23.01.2020 − Following positive development in all subdivisions in September, turnover of the German furniture industry declined again slightly in most of these areas during the month of October. » more