U.S. – IKEA U.S. announced on June 8th the results of the third annual IKEA Life at Home Report, which explores the life at home of people all over the world.
ALNO wins “Kitchen Innovation of the Year” award
GERMANY – ALNO has won yet another award: the popular consumer award “Kitchen Innovation of the Year” for ALNOSTAR SIGN / ALNOSUND.
Nobia seeks minority partner for Poggenpohl
SWEEDEN – Nobia is initiating a process to find a partner in global luxury products that can contribute to the development of German kitchen company Poggenpohl.
Vietnam’s share of US furniture imports tops 20% in February 2016
U.S. – For the first time Vietnam’s share in total US imports of wood furniture surpassed 20%. China’s import share declined from almost 50% in January to just over 48% in February. Furniture imports from China declined by 3%, while imports from Vietnam grew 4% month-over-month.
E-commerce channel contributes to Dorel’s best first quarter in years
CANADA – Dorel Home Furnishings revenue increased by USD 14.3 million, or 8.8% to a record USD 176.1 million compared with USD 161.8 million of first quarter 2015.
A good 2015 for Italian and German furniture exports
EUROPE – Germany and Italy, the leading countries in European furniture production had above-average growth of wooden furniture exports to markets outside EU in 2015.
Anthon to supply two batch size 1 lines for french Schmidt Groupe
GERMANY – French SCHMIDT Groupe (previously SALM), the country’s largest kitchen furniture manufacturer, has ordered two Batch Size 1 lines from Flensburger company Anthon GmbH.
HeveaBoard to expand production of RTA furniture
MALAYSIA – Malaysian HeveaBoard, manufacturer of particleboard and modular furniture under the HeveaPac brand, plans investments for the 2016 financial year of MYR 20 million (EUR 4.4 million) for the modernization of its production capacity.
Strong 2015 for Alno Group
GERMANY – Business remains healthy at the Alno Group, one of the largest global Kitchen manufacturers, which posted sales and earnings growth once again in the final quarter of 2015 – the fourth in a row.
German kitchen furniture producers improve turnover by 7%
GERMANY – In 2015, the German kitchen-furniture manufacturing industry achieved a 7% growth in sales and reached EUR 4.575 million.
Nobilia turnover exceeds EUR 1 billion for the first time
GERMANY – In the 2015 financial year, German kitchen-furniture manufacturer Nobilia-Werke, one of the largest in the world, surpassed the sales mark of €1 billion for the first time, with total revenues of €1,018 billion.
Steelcase signs deal for 25 MW of wind energy
U.S. – Steelcase Inc., the global leader in the office furniture industry, announced a 12-year power purchase agreement (PPA) with Apex Clean Energy for 25 megawatts of wind power.