Browsing Category

furniture

38 posts

Italian wood-furniture industry in difficulty

The Italian wood and furniture sector is grappling with a crisis characterized…

Ikea to cut furniture prices as supply chain starts to ease

Ikea has promised to pass on cost savings to customers by cutting…

IKEA’s sales grow 6.6% in FY 2023

Inter Ikea Group has reported that the total retail sales for Ikea…

Layoffs hit polish Ikea factory amidst industry challenges

Layoffs have commenced at the Polish Ikea factory in Goleniów, Poland. Over…

Italian wood sector faces challenges in 2023

The variations reported by Istat in revenue (-14.9%) and production (-13.9%) in…

Major German furniture producer ceases production

Maja Mobelwerk, a prominent German ready-to-assemble (RTA) furniture manufacturer headquartered in Wittichenau,…

Bergs Timber enters furniture business with new acquisition

Bergs Timber AB acquired all shares in Hedlunda Holding AB. Hedlunda is a…

IKEA retail announces biggest ever investment in US

Ikea is investing more than $2 billion in the U.S. for growth…

Invest Plus became the owner of Russia’s largest IKEA asset

Invest Plus LLC has completed a deal to purchase Russia’s largest production…

Sale of IKEA Russian factories in Russia receives approval

On February 15, the Russian government commission approved a deal to sell…