A slump in demand for furniture since the second quarter of 2022 in some cases and worsening capacity utilisation as a result are increasingly putting the dampers on the German furniture industry’s performance. According to the internal surveys conducted by the Verband der Deutschen Küchenmöbelindustrie (VdDK), Verb...
Statistics now telling the story of the sharp downturn in the furniture industry too
Cooler demand compounded by excessive stocks of finished goods
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