Steinhoff to divest remaining Conforama activities

19.03.2021 − Steinhoff International Holdings also intends to divest the furniture retail chain’s activities in Spain, Portugal, Italy, Luxembourg, Croatia and Serbia. » more


German furniture producers bemoan extra Brexit red tape

18.03.2021 − German furniture companies are criticising extra administrative work involved in exporting to the UK because of Brexit. » more

Ikea opens first store and online shop in Slovenia

15.03.2021 − On 25 February the Ingka Group opened its first Ikea store in Slovenia. » more

Team 7 increases 2020 turnover by 7% to €101m

11.03.2021 − In the 2020 financial year, Team 7 increased net turnover by 7% to €101m. Up to now, the company had always recorded invoiced turnover, which in 2019 had remained stable at €99m. » more

Production launched in the two new Nobilia plants

08.03.2021 − At the end of 2020 Nobilia commenced operations at the two plants - each of which was constructed over the course of the last two years - in Gütersloh-Spexard (plant III) and Saarlouis (plant V).» more

Furniture industry: turnover well up at end of year

05.03.2021 − Already observable since the third quarter, the strong growth in incoming orders within the German furniture industry became increasingly evident in the turnover figures towards the end of the year. » more

Manufacturers do better on the domestic market

04.03.2021 − In the 2020 financial year, the three large kitchen furniture manufacturers Nobilia, Häcker and Schüller again developed along better lines than the industry as a whole. » more

Russia imports 5% less furniture in Q3

23.02.2021 − In the third quarter of 2020, the value of Russian furniture imports decreased by 5% vis à vis the preceding year to US$467.5m.» more

Retail closures leaving their mark on output after all

22.02.2021 − German furniture manufacturers have ended up having to adjust their output, after all, to reflect reduced ordering in the wake of restrictions imposed on furniture shops since the beginning of January. » more

Further growth for furniture industry in Germany, abroad

16.02.2021 − The upward trend in the German furniture industry, which has been ongoing since August, intensified in November. » more

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

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