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Furniture

EU wood furniture surplus narrows as imports rise

The EU has maintained a trade surplus in wood furniture since 2011 when exports to non-EU countries overtook imports [...]

Furniture industry in Germany stable in 2017; exports driven by Chinese demand

The furniture industry in Germany is expected to report generally stable sales for the whole year 2017, after three years [...]

Chinese furniture manufacturers relocate operations to Vietnam

Many Chinese furniture manufacturers are relocating their manufacturing operations to Vietnam in an effort to deal with rising domestic labor [...]

EU Commission to investigate IKEA for tax fraud

The European Commission will open a thorough investigation into the corporate tax structure at Inter IKEA, one of the two [...]

Turkish furniture sector producing foreign trade surplus for the last 13 years

The Turkish furniture sector has been producing a foreign trade surplus for the last 13 years and is expected to [...]

Steinhoff starts private investigation on accounting irregularities; CEO resigns

Markus Jooste, CEO of Steinhoff International, Europe’s second-largest furniture retailer by sales, has resigned on the 6th of [...]

Vietnam’s wood products exports reach a 11.3% rise in the first nine months of 2017

Vietnam's turnover for wood and woodwork during the first nine months of 2017 amounted to $5.55 billion, representing [...]

Belgian furniture industry turnover drops in H1/2017

The Belgian furniture industry underwent a 0.4% decline in its turnover for the first half of the year, to [...]

Growing housing demand in the United Arab Emirates drives wood market growth

Once that over 25,000 homes have been added to the UAE’s residential market this year, the wood and [...]

SICAM 2017: A successful event for the industry

Once more, SICAM did not fail to meet expectations this year, with more exhibitors and more visitors compared to the [...]