GERMANY – At the end of May 2024, Deutsche Messe AG and the VDMA Woodworking Machinery Association reported excellent booking status for LIGNA 2025. By the end of the early bird discount period, exactly one year before the event, 80% of the net stand space based...
USA – Wayfair Inc, one of the world’s largest online home furniture retailers, disclosed its first-quarter financial results for 2024 (1Q-2024), revealing mixed outcomes with a slight revenue decline and a significant net loss. For the 1Q-2024, Wayfair reported...
GERMANY – Pfleiderer prioritizes quality and sustainability, recycling wood efficiently to maximize its potential. Through the ReSource initiative, they demonstrate how waste wood is continually reused as a valuable secondary raw material, conserving resources...
GERMANY – The German woodworking machinery industry faces a significant slowdown in production and exports after a record year in 2023. The German Woodworking Machinery Association VDMA forecasts significant challenges for 2024, predicting a recovery by early...
SPAIN – According to Estacom, Spanish furniture exports decreased by 2.7% in the first quarter of 2024, reaching more than EUR 736 million. France remains the main destination, accounting for 28.3% of total Spanish furniture exports, down 7.8% on the same period...
