COLOMBIA – In the first five months of 2020 (5M-2020) Colombia exported wooden furniture for USD 11.02 million, a sharp drop of 33.9%% compared to the same period of the previous year.
Portuguese furniture manufacturer adds Threespine technology
PORTUGAL – Momento Numérico that produces children’s furniture has signed a license with Välinge for Threespine®.
Herman Miller results strongly affected by COVID-19
U.S. – Herman Miller, Inc. announced results for its fourth quarter ended May 30, 2020 of the 2019/2020 financial year. Net sales in the quarter totaled USD 475.7 million, a decrease of 29.1% from the same quarter last fiscal year.
Valenziana Muebles introduces Ozonizer 3.0, a product that arose from COVID-19
ARGENTINA – Since the end of March the COVID-19 pandemic has changed the hygiene habits in Argentina and the world over.
Spanish furniture exports down 21.4% in first four months of 2020
SPAIN – The National Association of Industrialists and Exporters de Muebles de España (ANIEME) has presented the report on the results of foreign trade in the Spanish furniture sector for the period from January to April 2020.
Deirdre Jimenez named President & CEO of BIFMA
USA – BIFMA, the not for profit trade association for business and institutional furniture manufacturers, announced that it has appointed Deirdre Jimenez as its first President and Chief Executive Officer (CEO).
British Lux Group acquires Germany’s Poggenpohl kitchens
GERMANY – Poggenpohl Möbelwerke, based in North Rhine-Westfalia, will be acquired by the British company Lux Group Holdings Ltd in a partnership with a German family office -The Wolf Family.
US kitchen cabinet sales drop 22% in April 2020
U.S. – According to the Kitchen Cabinet Manufacturers Association’s (KCMA) monthly Trend of Business Survey, participating cabinet manufacturers reported a significant decrease in consolidated cabinet sales of 22% for April 2020 compared to the same month in 2019.
New September date for Movelsul Brazil 2020
BRAZIL – Postponed in March due to the worldwide advance of Covid-19, a new date has been announced for Movelsul Brazil, the largest furniture fair in Latin America for retailers and importers: September 14 to 17, in Bento Gonçalves (RS).
The new certificate “Furniture Made in Germany” is launched
GERMANY – On June 1st, the Association of the German Furniture Industry (VDM) launched the new certificate of origin “Furniture Made in Germany”.
American Woodmark has to close Mexican plants
USA – American Woodmark Corporation, a leading supplier of cabinetry to the new construction and remodeling industries, announced today that operations at its component plants in Mexico have been suspended through April 30, 2020.
Poggenpohl initiates insolvency proceedings
GERMANY – The kitchen furniture manufacturer Poggenpohl Möbelwerke GmbH, which has belonged to the Adcuram Group since the end of January 2017, applied to the district court in Bielefeld for the opening of insolvency proceedings on April 24.