HNI: further drop in office furniture turnover

12.08.2019 − In the second quarter turnover in the office furniture business division of US office furniture manufacturer HNI Corp. decreased by 3.4% to US$409.5m.» more


Howdens increases turnover by 5.4% in first half year

08.08.2019 − In the first 24 weeks of the 2019 financial year Howden Joinery Group (Howdens) increased turnover by 5.4% to £652.6m compared to the corresponding period in the preceding year. » more

Warendorf operations now transferred to investor

07.08.2019 − Following fulfilment of all provisions in the contract of purchase concluded on 11 June, business operations of insolvent Warendorf – Die Küche were recently handed over to an investor from Hong Kong.» more

Tahoe Investors sues former Alno board members

02.08.2019 − Tahoe Investors has filed a lawsuit against the former members of the management board of insolvent Alno AG Max Müller (CEO) and Ipek Demirtas (CFO) for damages of almost €60m. » more

Nobia organic turnover still in decline

01.08.2019 − For the second quarter Nobia records turnover of SEK3.751bn. This 7% increase once again attributed exclusively to currency effects amounting to SEK82m as well as the SEK202m contribution from Bribus.» more

Forte: Sales stagnate, earnings decline in second quarter

29.07.2019 − According to preliminary figures, the Polish manufacturer of case furniture Forte achieved sales of 257m zloty in the second quarter, slightly exceeding the previous year's level by 0.4 %. » more

Howdens grew by 5.4 % in the first half of the year

26.07.2019 − The turnover of the British kitchen furniture manufacturer and dealer Howden Joinery Group (Howdens) increased by 5.4% to £652.6m in the first 24 weeks of the 2019 financial year.» more

Ikea Industry withdraws from US production

24.07.2019 − Despite still pursuing expansion plans in North American retail business, Ikea Group Inter Ikea is to close down the plant in Danville, Virginia, in December.» more