Articles by topic » Furniture trade

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

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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

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

Home24 upwardly adjusts 2020 forecast again

04.12.2020 − For 2020 as a whole, online furniture retailer Home24 now expects turnover growth - adjusted to account for currency fluctuations - of 38-42%, and an adjusted EBITDA margin of 2-4%.» more