IKEA posts record sales as e-commerce segment booms

IKEA reported on Tuesday that the group had record annual sales, besides a 30% jump in online revenues. IKEA’s [...]

IKEA acquired 38,000 hectares of forest land in the Baltic States

Sweden's furniture giant IKEA has purchased about 38,000 hectares of forest in Lithuania, Latvia and Estonia for about [...]

Stable US wooden furniture imports

Wooden furniture imports were unchanged in June at US$1.44 billion. Year-to-date imports were up 4% from [...]

Chinese furniture companies move production to Vietnam to avoid US antidumping duties

Vietnamese firms are worried that the tax spotlight could be turned on them.  Official statistics show a third [...]

Most recent trends in Japanese office, kitchen and bedroom furniture imports

While Japan’s office furniture imports have remained remarkably stable over the past 12 months, more volatilty has been observed [...]

Scandinavian Moelven comes with best financial result since 2007

Scandinavian  group Moelven released financial results for the first half of 2016. The operating profit rose to EUR 22.1 [...]

IKEA bought another 12,800 hectares of forests in Romania

IKEA has recently bought 12,800 hectares of forests in Iasi and Neamt counties, in Romania. The Swedish furniture group [...]

Strong growth in US wooden furniture imports

US imports of wooden furniture grew 13% in May month on month to US$1.44 billion. Year-to-date [...]

Indonesia: Furniture industry stressed by SVLK certification

Many micro, small and medium enterprises in Indonesia, which are selling export-oriented furniture, haven’t received the Wood Legality [...]

IKEA might buy more forests in Romania

IKEA has boosted the capital of IRI Investments, the company that bought 33,000 hectares of forest in Romania last [...]