ITALY – Global furniture consumption is expected to grow by around 1% in current USD in 2026, according to forecasts from Italian market research institute CSIL. However, the sector will continue to be affected by trade policy uncertainty and the impact of tariffs...
AUSTRIA – The Egger Group closed the first half of its 2024/2025 financial year (ended 31 October 2024) with consolidated sales of EUR 2.1 billion, down 0.2% year on year, reflecting difficult conditions in construction, weak consumption, global conflicts...
CHILE – Sodimac Chile has placed its digital channel at the center of its growth strategy, targeting e-commerce to account for around 20% of total sales by 2030. The company, part of the Falabella group, launched a specialized “superstore” online model in...
GERMANY – Sibylle Thierer, Chairwoman of the Supervisory Board of Häfele, has been awarded the Baden-Württemberg Business Medal for outstanding entrepreneurial achievements and her contributions to the state’s economy. The award was presented on November 12, 2025,...
USA – Hexion Inc. has sold its manufacturing site in La Grande, Oregon, to long-standing customer Kronospan, marking a strategic move for both companies. The transaction supports Kronospan’s plans to improve manufacturing efficiency while...