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furniture

42 posts

Dark clouds over Poland’s furniture and wood industry as debts mount

The financial condition of Poland’s furniture manufacturers is deteriorating, with debts reaching…

Austrian XXXLutz Group acquires 50% of the Polish furniture manufacturer BRW Group

The XXXLutz Group has finalized the takeover of the Polish furniture manufacturer…

German furniture industry in jeopardy: Major players facing insolvencies and selloffs

At the start of 2025, Germany’s furniture industry is experiencing significant distress,…

Kika/Leiner furniture chain insolvent again

Austrian furniture chain Kika/Leiner has again applied for bankruptcy after an attempt…

IKEA is ready for potential U.S. tariffs under Trump

IKEA has taken steps to shield itself from potential tariffs that could…

Poland’s wood and furniture sector sees highest growth in insolvencies

In the first three quarters of 2024, 4,465 Polish companies declared insolvency,…

IKEA sales drop 5% but price cuts boost customer visits

IKEA’s Ingka Group announced retail sales of Euro 39.6 billion for the…

Lithuanian wood industry on the road to recovery

In 2023 The Lithuanian wood and furniture industry, which has experienced a…

IKEA continues to cut prices in response to economic pressures

Amid economic pressures and reduced consumer spending, IKEA, under the stewardship of Ingka Group,…

The Red Sea crisis seriously affects U.S. furniture imports

Citing recent US media reports, the Red Sea crisis continues to ferment…