Chinese Qumei made $630m cash bid for Norwegian furniture maker Ekornes
China’s Qumei Home Furnishing Group on the 22nd of May made an all-cash bid for Norway’s Ekornes [...]
May 25, 2018
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Decline in US wooden furniture imports
US wooden furniture imports declined in February to under US$1.6 billion, but year-to-date imports remain higher [...]
May 11, 2018
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Expanded sales of EU tropical wooden furniture but market share drops
There was plenty of tropical wood furniture to be found at the first two big European furniture exhibitions of 2018 [...]
April 25, 2018
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Embracing technological change boosts EU furniture sector productivity
Increasingly advanced computer-controlled and automated manufacturing has also benefited European producers, boosting their productivity, cutting overheads and reducing the [...]
April 24, 2018
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“Source locally” a key theme of European wooden furniture manufacturers
There seems to be a growing preference in the EU market to ‘source local’, particularly in the design and specifier [...]
April 19, 2018
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EU Commission decides to investigate IKEA’s Dutch tax rulings
The European Commission published on the 27th of March the nonconfidential version of its decision to open a formal investigation [...]
April 18, 2018
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EU domestic furniture sector recovery and growth
The biggest shift in the EU furniture sector in recent years has come in the degree of market self-sufficiency [...]
April 18, 2018
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China’s furniture imports at a record high
According to the China National Furniture Association the value of China’s furniture imports in 2017 rose 16% to US [...]
April 18, 2018
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Forte expands particleboard production in Poland
One of the largest European furniture manufacturers Fabryki Mebli “Forte” S.A. is ramping-up production at its new particleboard [...]
April 17, 2018
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Rise in US wooden furniture imports from Indonesia and India
US wooden furniture imports grew 1% in January to US$1.69 billion. Imports were 6% higher than in January [...]
April 12, 2018
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