furniture Archives - Global Wood Markets Info

Ikea announces further investments in Chinese market

Ingka Group, the parent group of Swedish home furnishing giant Ikea, will invest 5.3 billion yuan (EUR 770 million [...]

August 29, 2022

Unprecedented period of change in European wooden furniture sector

The last two and half years, marked from the start of 2020 by the Covid-19 pandemic and from February [...]

August 5, 2022

IKEA plans to sell its four plants in Russia

The Swedish retailer IKEA plans to sell its plants in Russia. The group said its retail [...]

June 16, 2022

Russian factories continue to produce IKEA’s furniture under their own brands

Once IKEA left Russia, the local furniture factories continued to produce IKEA’s furniture under their own brands. [...]

May 9, 2022

Encouraging revival in Italian hardwood market

One of the more encouraging, not to say surprising, hardwood market trends in 2021 was a strong revival in demand [...]

April 19, 2022

COVID casts long shadow over the European furniture sector

For the European furniture sector, as in other industries, the COVID pandemic is casting a long shadow, with no certainty [...]

February 1, 2022

Ikea is hiking its prices as the supply chain crisis continues to disrupt its operations

Ikea is raising its prices by 9% on average due to supply chain challenges. An Ikea [...]

January 3, 2022

IKEA warns of imminent price increases

IKEA has warned of imminent price increases, as it revealed its financial results for FY21 (to 31st August 2021). [...]

November 8, 2021

IKEA to shift more production to Turkey due to global supply chain problems

Swedish-based furniture retailer IKEA is planning to minimise problems with global supply chain and increased shipping costs by moving [...]

October 11, 2021

US furniture maker MCS wins lawsuit against shipper

American home furniture manufacturer and supplier MCS Industries has prevailed in federal court in its lawsuit against Cosco Shipping. [...]

October 7, 2021

Keyword: furniture