Furniture

Warendorf: double-digit turnover increase

21.09.2020 − In the first half, turnover growth achieved by Warendorf Küchenfabrik (Warendorf) was clearly within the double-digit percentage range.» more

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Burger will deliver kitchens to China Vanke

18.09.2020 − The Baumann Group has further expanded the sales cooperation in place since early 2019 with Shanghai-based company Hermand Haus, which focuses on marketing European kitchen brands. » more

USA: order increase in June for furniture manufacturers

18.09.2020 − In June, incoming orders for US furniture manufacturers in the residential sector increased by 30% to US$3.088bn. » more

China: furniture imports from the EU down 13%

17.09.2020 − Chinese furniture imports from the EU declined by 13% to €260.5m in the first quarter. » more

Steinhoff records turnover decline in first nine months

15.09.2020 − In the first nine months of the 2019/2020 financial year, turnover of the continued operations at Steinhoff International Holdings decreased by 6% to €6.762bn.» more

Nolte Group separates kitchen and furniture business

14.09.2020 − Nolte GmbH & Co. KGaA (Nolte Group) transferred both of its bedroom furniture manufacturers - Nolte Möbel and Express Möbel - in practice to a new company Nolte Möbel Industrie Holding.» more

Jomoo has owned Poggenpohl since 1 September

09.09.2020 − The planned takeover of Poggenpohl by the German subsidiary of Chinese Jomoo Group closed on 1 September after all contract conditions were met. » more

German furniture exports nearly 12% lower

04.09.2020 − The value of German furniture exports declined by 11.9% to €3.304bn in the first six months.» more

German furniture revenues to subside by 5% at most

03.09.2020 − The German furniture industry now thinks that revenues will end up falling by a maximum of just 5% this year compared with 2019.» more

TCM Group achieves 0.8% turnover increase in Q2

26.08.2020 − In the second quarter turnover of Danish kitchen furniture manufacturer TCM Group increased by 0.8% to DKK260.2m.» more

Corona crisis puts pressure on Knoll sales and results

20.08.2020 − Sales of US office furniture manufacturer Knoll slumped by a quarter to US$274.1 million in the second quarter.» more

USA: Decline in orders weakened in May

17.08.2020 − Following a 61% slump in April, order intake by US furniture manufacturers in the residential sector was only 8% lower year-on-year in May at US$2.285b. » more

Group of Swiss investors buys Conforama Suisse

17.08.2020 − Steinhoff International Holdings has found a new owner for Conforama Suisse based in Ecublens, Switzerland, too.» more