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The hybrid special edition of imm cologne planned for January 20-23, 2021 was canceled today due to the current pandemic developments in the European and German environment...... [more...]
In September, the divisions of the German furniture industry that focus on private furniture requirements increased their sales by 5.7% to € 1.3 billion. The upholstered furniture producers stood out in particular with a sales increase of 17.8% to € 92 million and the kitchen furniture manufacturers with an increase in sales of 11.6% to € 560 million...... [more...]
According the latest survey results from Woodworking Network the impact of the COVID-19 pandemic on the woodworking industry is diminishing even as there seems to be a new surge in infections...... [more...]
Indonesia continues to see growth in wood product exports to the US despite the impact of the global pandemic. The Minister of Environment and Forestry has indicated that exports to the US rose around 16% year on year in the period January to October 2020...... [more...]
UK imports of tropical wood and wood furniture products continued to rebound in September, with total value rising to USD97.6 million, 30% more than the previous month and the same level as in September 2019...... [more...]
Given the situation in the wider market, one of the least expected trends in EU27 import data is a slight recovery in imports of tropical flooring products in the first eight months of this year after a long and persistent period of decline..... [more...]
IKEA Germany closed the 2020 financial year (September 1, 2019 to August 31, 2020) with retail sales of € 5.325 billion, which corresponds to an increase of 0.9% compared to the previous year. Online sales amounted to € 861 million and thus grew by 74.3%. The online share of total sales was 16.2% - in the previous year it was 9.4%...... [more...]
Despite the difficult conditions of the past financial year, the SWISS KRONO Group can show a solid business result: Since the Corona crisis hit the economy hard and customers had to close due to the lockdown...... [more...]
An analysis of revenue for September 2020 by the Furniture Industry Association of Bento Gonçalves (Sindmóveis) has confirmed a continuing recovery in the furniture industry there...... [more...]