IKEA names Jesper Brodin as new CEO

IKEA Group put Jesper Brodin in charge of the development of the Swedish furniture retailer’s product range and supply [...]

IKEA to practice lower furniture prices in India

IKEA wants to lower its furniture and home decor products prices for the Indian audience before it opens its first [...]

US the main destination for China’s wooden furniture exports

The value of China’s wooden furniture exports (including wooden seats) was US$22.3 billion in 2016, a year [...]

The German wood and furniture industry keeps on increasing in 2017

In 2016, the German timber industry reported a 2.4% increase in its turnover, while the total worth of goods [...]

Furniture exports from the UK decrease, as the imports report growth

The total furniture and floorcoverings imports into the UK rose by 8.1% in March 2017, to £831.8m from [...]

Record high in US wood furniture imports

US wood furniture imports reached a record high in 2016, at US$16.7 billion, up by 3% from 2015 [...]

Chinese Yihua plans $1 billion investment in Gabon’s timber industry

Yihua Enterprise (Group) Co Ltd announced that is going to expand its  business in Africa with a $1 billion investment [...]

Homag Group receives EUR 30 million order from Chinese furniture maker

HOMAG Group has won a major contract with Chinese furniture maker Oppein with an order valued at over EUR 30 [...]

Sharp drop in US wooden furniture imports from China and Vietnam

The value of US wooden furniture imports declined to US$1.30 billion in February, but year-to-date imports [...]

IKEA plans to source bamboo, indigenous wood species from India

IKEA plans to source bamboo and other sustainable indigenous wood species directly from India for its global operations. The Swedish [...]