Furniture

Howdens also withdraws from the Netherlands

04.03.2019 − British kitchen furniture manufacturer and dealer Howden Joinery Group (Howdens) also discontinued operations of Dutch company Howden Keukens B.V., based in Amsterdam, in January. » more

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Ingka to integrate branches into distribution network

28.02.2019 − The Ingka group wants to integrate the static Ikea furniture stores into the distribution and fulfilment network for delivering online orders in future. » more

Nobilia achieved record revenue growth in 2018

25.02.2019 − The turnover of the kitchen furniture manufacturer Nobilia rose by 9.1 % to € 1.228bn in the 2018 financial year. » more

Polipol increases capacities by acquiring IMS plant

20.02.2019 − In April 2018 the Polipol Group took over a former plant of IMS together with the remaining 200 IMS employees in Kobylnica in the Slupsk district of Poland.» more

German furniture exports down 3.5% in November

16.02.2019 − Following an increase in October, German furniture exports declined again by 3.5% in November. » more

Wilkhahn growing above all in other European countries

15.02.2019 − The office furniture manufacturer Wilkhahn generated worldwide sales of € 84m in the 2018 financial year.» more

Forte turnover increases again in the fourth quarter

14.02.2019 − According to preliminary information, turnover of Polish Fabryki Mebli Forte by 1.7% to PLN297m in the fourth quarter. » more

Furniture industry with slight decline in sales in November

07.02.2019 − After a stronger increase in October, total sales in the German furniture industry in November were again slightly below the previous year's level. » more

Nobilia has started construction of Plant 3 in Gütersloh

04.02.2019 − The kitchen furniture manufacturer Nobilia began construction work on Plant 3 in Gütersloh-Spexard at the end of last year. » more

Howdens discontinues German sales after test phase

30.01.2019 − British kitchen furniture manufacturer and retailer Howden Joinery Group (Howdens) has closed Howden Küchen GmbH in Norderstedt with effect from 25 January. » more

Steinhoff sells Steinpol to Cotta for € 26.5m

25.01.2019 − On January 11, Steinhoff International Holdings reached a final agreement with the Liechtenstein Cotta Group on the details of the sale of the Polish upholstered furniture manufacturer Steinpol.» more

Pino has doubled production volume

21.01.2019 − The kitchen furniture manufacturer Pino has been working two shifts again since the end of June 2018. » more

Nowy Styl acquires contract furniture manufacturer Kusch

17.01.2019 − The Polish office furniture manufacturer Nowy Styl Group has acquired the contract furniture manufacturer Kusch based in Hallenberg. » more

VDM expects at least stable furniture industry sales

11.01.2019 − The Association of the German Furniture Industry (VDM) expects at least stable sales in the furniture industry in 2019. » more

Stora Enso acquires stake in Ikea joint venture

08.01.2019 − Founded in 2014 by the Inter Ikea Group, the fashion group H&M and the developer Lars Stigson, the joint venture TreeToTextile aims to initiate the industrialization phase with the entry of Stora Enso. » more

5.4% increase in kitchen furniture exports

05.01.2019 − German kitchen furniture exports, according to preliminary information, increased by 5.4% to €1.530bn in the first nine months of 2018. » more

ACProducts aiming to take over Elkay Wood Products

19.12.2018 − US-American ACProducts (“acpi”) is aiming to take over Elkay Wood Products Company, owned by Elkay Manufacturing Company and also active in kitchen and bathroom-cabinet production.» more

Steinhoff investors have agreed to CVAs

18.12.2018 − The creditors of the companies Steinhoff Europe and Steinhoff Finance Holding approved the respective Company Voluntary Arrangements (CVA) at a lender meeting on 14 December.» more

Turnover growth for Forte on domestic market only

17.12.2018 − Turnover of Polish Fabryki Mebli Forte increased on the domestic market only in the third quarter. » more

Slow business in summer trickles down to revenues

11.12.2018 − The German furniture industry saw its revenues drop off more and more month after month during the third quarter when compared with the same months last year. » more

Kinnarps has ceased production in Worms

10.12.2018 − Production at Kinnarps GmbH (Worms) was discontinued in line with plans at the end of September, according to managing director Sebastian Groesslhuber.» more

Steinhoff wants to restructure convertible bonds via CVA

05.12.2018 − Steinhoff International Holdings now wants to restructure the convertible bonds of its subsidiary Steinhoff Finance Holding via a so-called "Company voluntary arrangement" (CVA). » more

Ingka Group wants to accelerate restructuring

23.11.2018 − The Ingka Group, the largest Ikea franchisee, wants to accelerate its restructuring. » more

Forte records turnover decline in third quarter

22.11.2018 − According to preliminary information, turnover of Polish Forte declined by 4.5% to PLN256m in the third quarter. » more

TCM Group increases net profit significantly in Q3

15.11.2018 − Danish TCM Group improved its key results figures significantly in the third quarter. Net profit increased seven-fold in the reporting period to DKK23.0m. » more

Ikea sales in Germany surpass 5bn € for first time

02.11.2018 − In its business year 2017/2018, Swedish Ikea group has lifted its revenue from sales in Germany to 5.003bn € for the first time. » more

Orgatec has registered around 15 % more trade visitors

30.10.2018 − This year's Orgatec office furniture trade fair, held in Cologne from 23 to 27 October, attracted around 63,000 trade visitors, including estimates for the last day of the fair.» more

4.7% increase in Ikea retail trade turnover in 2017/2018

29.10.2018 − Swedish Ingka Group (formerly Ikea Group) generated Ikea retail trade turnover of €34.8bn in the 2017/2018 business year, which ended at the end of August. » more

Chmiel family intends to sell Black Red White Group

25.10.2018 − The Chmiel family, owners of Polish Black Red White intends to sell the company.» more

Dorel plans to expand European business via Alphason

10.10.2018 − The Canadian conglomerate Dorel Industries has taken over the business operations and assets of the British furniture manufacturer Alphason. » more