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Wayfair Reports Results for 1Q-2024

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.

German furniture Exports Down by Almost 9% in 1Q-2024

GERMANY – In the first quarter of this year, the German furniture industry saw a decline in its export business. According to preliminary data from the Federal Statistical Office, furniture exports fell by nearly 9 percent to approximately EUR 2 billion.

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Hettich’s Innovative Fitting Recognized in Japan

GERMANY - Hettich's FurnSpin turn-and-swivel fitting has won the "Good Design Award 2024" from the Japan Institute of Design Promotion (JDP).   This is the seventh time Hettich has received this award since 2014. The "Good Design Award" is Japan's premier...

Sustainable Design, New Red Dot Award Meta-Category

GERMANY - The Red Dot Award, recognized worldwide for its excellence in design, has broadened its scope by introducing a new meta-category focused on sustainable design. This category aims to highlight products that are not only aesthetically pleasing and functional...

Red Dot Design Award for FurnSpin by Hettich

GERMANY – At Hettich, innovation is integral to both their DNA and product line, consistently recognized by numerous prestigious awards.

Surface in Motion Conference Sold Out

GERMANY – The Technology & Design Conference Surface in Motion in Wiesbaden is completely sold out.

Viva Magenta is Pantone  Color of the Year 2023

USA – Pantone’s Color of the Year, Viva Magenta 18-1750, vibrates with vim and vigor.

Valencia: Design Capital of the World this Week

ESPAÑA –  This is a landmark year for Valencia, with the city celebrating its designation as World Design Capital 2022.

Schattdecor launches new 2022 collection “Global Essentials”

GERMANY – GERMANY – The new Decor Selection 2022 from Schattdecor reflects the trends and surface designs that are currently in high demand worldwide and also have the potential to become international bestsellers.

Double win for Hettich in iF Design Awards

ALEMANIA –  Two product developments from Hettich have received the renowned iF Design Award this year.

Partnership between Schattdecor and Guararapes wins iF Design Awards 2022

BRAZIL – The Perspectives MDF collection, the result of a collaboration between Schattdecor and the panel manufacturer Guararapes, was awarded the iF Design Awards 2022, the world’s leading Design award.

Hettich and Primabad make the bathroom more convenient

GERMANY – Dutch bathroom furniture manufacturer Primabad B.V. was looking for an aesthetically appealing and practical solution for barrier-free washroom facilities – and found it in cooperation with fittings manufacturer Hettich: the latest “Move” bathroom range conveniently raises the washbasin to any chosen height at the press of a button.

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US Wooden Furniture Imports Down 26.5% in 9M-2023

USA- The United States wooden furniture imports reached USD 9.4 billion in the first nine months of 2023 (9M-2023). This represented a 26.5% decrease compared to the USD 12.8 billion imported in the same period of 2023.

Duraplay Purchases Particleboard Plant in Mexico from Masisa

MEXICO – Recently, Duraplay, S.A.P.I. de C.V., a Mexican company, and Forestal Terranova México, S.A. DE C.V., entered into an asset purchase agreement for the sale of the wood based panel Plant owned by the latter, a Mexican subsidiary of Masisa S.A., located in Chihuahua, Mexico.

Kronospan Completes Purchase of Particleboard Plant from Roseburg

USA – Kronospan, a prominent manufacturer of wood panel products, has officially completed the acquisition of Roseburg’s Simsboro, Louisiana, particleboard facility. The transfer of ownership from Roseburg to Kronospan has been finalized following the required regulatory review period.

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