Latin America’s Wooden Furniture Exports Dip 5.5% in 6M-2024

COLOMBIA - In the first half of 2024, Latin America's wooden furniture exports experienced a decline of 5.5% compared to the same period in 2023, totaling USD 759.3 million. This downturn reflects varied performances across the region, with some countries seeing...

China’s Wooden Furniture Exports Surge 24% in 7M-2024

USA - According to Lesprom Analytics, China’s wood furniture exports saw a significant 24% increase in the first seven months of 2024, reaching 256 million pieces. This boost led to a 9% rise in export value, totaling USD 13.4 billion. Despite this growth, the average...

Falabella Sells Shopping Center to Parque Arauco

CHILE - Falabella informed that it will sell to Parque Arauco the Open Plaza Kennedy shopping center and the entity that operates the Courtyard Hotel by Marriott inside the center, in Las Condes, Santiago. Falabella’s CEO, Alejandro González, stated that this move...

Salice Acquires Atim S.p.A.

ITALY - Salice, the Italian manufacturer of furniture fittings, has acquired Atim S.p.A., an Italian specialist in aluminum-based hardware solutions. This acquisition will enhance Salice's portfolio with innovative designs, including extendable tables and...

TF Bern Innovates Carpentry Training with Digital Solutions

SWITZERLAND - Technische Fachschule Bern (TF Bern), founded in 1888 in Switzerland, is renowned for blending technical training with real-world production. With 650 trainee spaces, TF Bern offers hands-on experience by creating custom furniture and interior fittings....

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