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Furniture

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 [...]

Italian furniture sector is more open to exports to countries outside Europe

The Italian furniture sector exports more and more to non European Countries, such as many other segments of the woodworking [...]

UK furniture retailer company fined for breach of EU Timber Regulation

Designer furniture retailer Lombok has become the first business to be fined for breaching regulations introduced in 2013 to prohibit [...]