Home24 SE continues its growth path in the second quarter of 2021. Compared to the same quarter of the previous year, the company increased its revenue by 41% to EUR 166 million in currency-adjusted terms. With a currency-adjusted growth rate of 49%, Q2 2020 was already characterised by very strong growth compared to the same quarter of the previous year.
For two years, retailers and suppliers have led a long-distance relationship characterised by teleconferences without textile touch. Now, at last, the industry can meet again on a grand scale: from 13 to 16 January 2022 at the Hanover Fairgrounds.
One of the most important German dealers in old and antique carpets has died at the age of 81: Hans Eitzenberger, connoisseur of the industry, authorised carpet expert and BSOT member.
Due to Corona, the German furniture trade had a hard time in 2020 due to lockdowns and access restrictions. On the other hand, retailers have also benefited from the fact that consumers have increasingly invested in their homes.
Swiss furniture dealer Pfister is looking towards autumn and inspiring its customers with three corresponding trends for cosy and relaxed hours at home: "Elegant Glamour", "Tone-on-Tone" and "New Naturalness" are the themes that the company has transformed into living scenarios using Pfister furniture and accessories.
The devastating flood disaster has destroyed livelihoods in Germany; various furniture retailers such as Martin and XXXLutz are supporting those affected.
Radici Group, Italian manufacturer of chemicals, engineering plastics, and fibres for carpeting and nonwovens, among others, closed the 2020 financial year with total sales of EUR 1 billion, down 6.7%. However, EBITDA increased by 4.4% to EUR 173 million, and operating profit after depreciation and amortisation even rose to EUR 87 million: an increase of 8.1% compared to 2019.
The BBE Furniture Index only showed a single-digit minus in the first half of 2021 (-9.7 %). The decline in sales from the first quarter of 2021 has therefore already been significantly reduced.
The Indian Carpet Export Promotion Council (CEPC) has a new Chairman. Shri Umer Hameed – till then 2nd Vice Chairman of CEPC – has already taken over the office on 18 June 2021.
The Hamburg-based company Faradj & Homayoun Farhadian has recently launched its B2B webshop (www.farhadian-shop.com). From now on, customers from the retail trade can view and select Farhadian collections here. Various filters help with pre-sorting: by size, colour, pattern, type of manufacture or provenance.
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