Furniture

Lars Larsen Group turnover grew by 9%

15.02.2021 − Group turnover of Lars Larsen Group rose by 9% to €4.77bn in the 2019/2020 financial year.» more

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Maisons du Monde: lockdown leads to turnover decline

12.02.2021 − In the fourth quarter of 2020, according to preliminary information, turnover of Maisons du Monde decreased by 1.5% to €372m. » more

ScS turnover increases by 13.9% in first half year

08.02.2021 − In the first 26 weeks since the beginning of the 2020/2021 financial year on 26 July, gross turnover of British upholstered furniture and flooring trader ScS Group increased by 13.9% to £182.3m.» more

Reform Furniture receives funding of €10m

05.02.2021 − Danish Reform Furniture has received financing of €10m from state investment fund Vaekstfonden. » more

Office furniture manufacturers expect poor first half

04.02.2021 − German manufacturers of office carcass furniture and office seating generally recorded growth in incoming orders during the fourth quarter. » more

Germany extends lockdown until mid-February

01.02.2021 − Due to continuing high numbers of corona infections and mutated virus variants, participants in the federal-state conference reached the decision again to extend the hard lockdown.» more

Swedish furniture exports decrease by 5%

29.01.2021 − In the third quarter, the value of Swedish furniture exports declined by 5% vis à vis the preceding year to SEK4.580bn.» more

Development of furniture sector exceeds expectations

28.01.2021 − The German furniture industry and the furniture trade closed the entire year 2020 better than had been expected following the outbreak of the corona crisis and the associated restrictions. » more

Retail closures making a dent into producers’ order intake

21.01.2021 − The German Government’s decision to close brick-and-mortar retail shops again has so far had little impact on production activity within the furniture industry.» more

Kimball wrapped up Poppin acquisition in early December

15.01.2021 − Kimball International completed its takeover of Poppin in December after announcing this deal in early November. » more

Howdens not fully recovered from turnover declines yet

11.01.2021 − The positive development in demand recorded since the third quarter for Howden Joinery Group (Howdens) continued in November.» more

Ikea sales revenue 7 % down in France in 2019/2020

08.01.2021 − Sales revenue generated by the national subsidiary of Ikea in France fell 7 % below the previous year’s figure in its business year 2019/2020 (31 Aug.) at €2.790bn.» more

Spain: living room furniture imports increase by 4.7%

05.01.2021 − In the third quarter, the value of Spanish living room furniture imports increased by 4.7% to €805.4m. » more

Forte shares transferred to Swiss Holding

18.12.2020 − With effect from 2 December, MaForm Holding Luxembourg, which is involved in Fabryki Mebli Forte, was taken over by MaForm Holding AG. » more

XXXLutz’ involvement in Roller conditionally authorised

14.12.2020 − On 25 November, the Federal Cartel Office gave its conditional approval of XXXLutz group’s planned acquisition of a 50 % stake in Tejo Möbel and Roller belonging to Tessner Holding.» more