Farhadian Farhadian
24.11.2023

IHGF Delhi Fair 2024: India’s sourcing event for home and lifestyle products

IHGF Delhi Fair 2024: India’s sourcing event for home and lifestyle products
The 57th IHGF Delhi Fair will be held from 6 to 10 February 2024 at the prestigious India Expo Centre & Mart in Delhi NCR, India. Organised twice a year by the Export Promotion Council for Handicrafts (EPCH), the event promises to be a comprehensive showcase with over 3500 exhibitors across 16 halls and 900 Mart showrooms.
17.11.2023

Carpet and Flooring Expo: 5 – 8 December 2023, Istanbul Expo Center

Carpet and Flooring Expo: 5 – 8 December 2023, Istanbul Expo Center
Carpet and Flooring Expo (CFE) will be held at the Istanbul Expo Center from 5-8 December 2023. Tüyap Exhibitions Group will organise the trade fair in cooperation with Istanbul Carpet Exporters' Association (İHİB) and Southeast Anatolia Carpet Exporters' Association (GAHİB). There will be around 400 national and international participants. The exhibition will cover an area of one hundred thousand square metres in eight halls. CFE will offer a diverse programme of events for its visitors.
15.11.2023

Indian Carpet Expo ICE under the umbrella of Bharat Tex 2024

The Indian Carpet Expo is held twice a year, in Delhi in the spring and in Bhadohi in the autumn. It is therefore no surprise that the Indian Carpet Export Promotion Council (CEPC) is inviting international carpet buyers to the 46th ICE in New Delhi from 26 to 29 February 2024. Around 250 carpet manufacturers and exporters are expected to exhibit at the show. The decision to hold the show under the umbrella of the new textile show Bharat Tex 2024 should be interesting.
13.11.2023

ABK open: Larger rugs section

ABK open: Larger rugs section
More than 120 suppliers and service providers representing 200 brands will be showing their portfolios to retailers across some 16,000 sqm of hall space—the fair is thus fully booked out, essentially. This trade fair is mainly about home textiles. New at this trade fair is the noticeably expanded range of rugs. More and more exhibitors have area rugs in their range. And for the first time, pure rug suppliers can also be found in Bad Salzuflen. Exhibitors will include the brands ABC Italia, Obsession, Oritop, PAD, Paulig, Peyer Syntex, Rug Studios, Theko and Tisca. The decorative fabrics and curtains segment has grown as well.
13.11.2023

Ikea Germany reports record sales

Ikea Germany ended the financial year 2022/23 (31 August) with record sales of EUR 6.4 billion (+13.3%). Online sales accounted for EUR 1.4 billion (+6.9%). Average sales in the Swedish furniture retailer's 54 stores rose by 8.1% to EUR 112.52, while online sales were EUR 247.40, up 1.5% year-on-year.
30.10.2023

11% increase: Ikea Austria breaks the one billion turnover barrier

Ikea Austria closed the financial year 2022/23 with record sales: EUR 1.0 billion, which is also an increase of 11.1% compared to the previous year. The furniture retailer generates a quarter of its sales online or via Click & Collect, the online purchase with pick-up in one of the eight stores throughout the country.
30.10.2023

Jesse Capel has passed away

Jesse Capel has passed away
Jesse Capel passed away on 20 October 2023 at the age of 90. Capel joined the family business, Capel Rugs, in 1957 and worked in finance, import and production until his retirement in 2007.
20.10.2023

Domotex: Apply for the Green Collection Award now

Domotex: Apply for the Green Collection Award now
In 2024, sustainability will once again be a central theme at Domotex. The Green Collection special event and the associated awards will be entering the second round. Prizes will be awarded in four categories: Eco-friendly Products, Healthy Products, Sustainable Production and Social Responsibility. Manufacturers - including companies that are not exhibiting at Domotex - can apply until November 17, 2023. Information about the Green Collection Award and the link to register can be found here.
12.10.2023

Kika/Leiner: Restructuring plan for insolvent furniture retailer accepted

Creditors of insolvent Austrian furniture retailer Kika/Leiner have approved a restructuring plan, preventing the company from going into liquidation. The restructuring is already underway: the number of stores has been reduced from 40 to 17, the workforce has been more than halved from around 3,900 to just under 1,800 and the product range has been streamlined.
29.09.2023

Restructuring: Tejo's becomes Roller

Restructuring: Tejo
Tessner and the XXXLutz Group have decided to merge eleven Tejo's SB Lagerkauf stores with the Roller furniture store chain. Roller, a joint venture of Tessner and XXXLutz, could thus strengthen its position as one of the leading furniture discounters in Germany, according to a press release. Six Schulenburg furniture stores and Tejo's SB Lagerkauf Schleswig will become part of the XXXLutz Group.
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