XXXLutz to take over Conforama in Spain and Portugal
WM Holding GmbH and CAFS Invest, both affiliated companies of the XXXLutz Group, have reached an agreement with the current owner, the Ibex Group (the successor from the restructuring of the Steinhoff Group), to take over Conforama Iberia (Spain and Portugal). The brand name and look and feel will be retained and will be managed by a separate local management team. After the participation/acquisition of Conforama in France and Switzerland, the commitment in Spain and Portugal was the logical next step. The planned acquisition is subject to approval by the competition authorities.
XXXLutz delists Home24 from the stock exchange
RAS Beteiligungen, LSW and SGWImmo, three companies around the XXXLutz Group, have successfully completed the delisting offer for all outstanding shares of Home24 on 20 September 2023. As the Austrian company now announces, the companies around XXXLutz now hold around 95.96% of the current share capital of Home24 and the shares can no longer be traded on the regulated market of the Frankfurt Stock Exchange.
Jysk reports record sales
Jysk's sales increased by 6.3 percent to DKK 38.5 billion (€5.2 billion) in the fiscal year 2022/23 (September 2022 to August 2023). The largest national market is Germany with 960 stores. Here, too, a record result of €1.172 billion (+5.3%) was achieved.
Object Carpet: Roland Butz passed away
It is with deep sadness that Object Carpet announces the death of its founder Roland Butz. He passed away on 8 September 2023 in Zurich at the age of 82.
Roland Butz founded Object Carpet in 1972 and shaped the world of the carpet industry with his passion for design and quality. With his special flair for colour designs and innovations, he set new standards in the industry and established Object Carpet as a premium brand on an international level.
Tapis Rouge with new sales director
Italian carpet supplier Tapis Rouge has a new sales director for the EMEA markets (Europe, Middle East, Africa). Carlo Tuna will be based in Italy and will be responsible for the contract, interior design and trade sectors. Tuna has many years of experience with luxury brands in business development, product design and interior design.
Jysk: Rami Jensen is new President and CEO
Rami Jensen is the new President and CEO of Jsyk. He succeeds Jan Bøgh on 1 September 2023. The 44-year-old officially joined the company a year ago as Deputy President and CEO. In his new position, he now has overall responsibility for more than 3,300 stores in 48 countries and more than 30,000 employees.
XXXLutz takes over Wohn-Center Spilger
The XXXLutz group of companies will take over Wohn-Center Spilger with its two locations in Obernburg and Großwallstadt on the Bavarian Lower Main with effect from 1 October 2023, subject to the approval of the cartel authorities. The German family-owned company filed for insolvency in June and has been looking for a buyer ever since.
German flooring retailers: Knutzen in first place, Kibek in second place
Knutzen came out on top in a recent study of German home textiles and floor coverings chains: It was conducted by the Institute for Service Quality (DISQ) on behalf of the news channel NTV. With 82.3 out of 100 points, the North German furnishing chain received the grade "very good"; all other specialist store chains were rated "good". In second place is carpet specialist Kibek ("good"), in third place Hammer. They are followed by TTL, TTM and Tedox.
Heimtextil 2024: Positive response to the new Carpets & Rugs product segment
Starting with the next edition, the Heimtextil trade fair is expanding its range of products in the carpets and rugs product segment. The response has been positive: according to Messe Frankfurt, more than 75 international exhibitors have already signalled their strong interest in taking part in the new Carpets & Rugs product segment.
Unveiling the artistry of Tibetan rugs: Open Studio 2023
At Open Studio you can enter the fascinating world of Tibetan carpet making. This event is hosted by Karnor Carpet Manufactory and Zëko Design. Taking place from 29 October to 10 November 2023 in Kathmandu, Nepal, Open Studio offers an unprecedented insight into the fusion of design and craftsmanship behind world-class hand-knotted carpets. Registration deadline is 18 August 2023