Farhadian Farhadian
Salone del Mobile with strong growth in visitor numbers
Salone del Mobile with strong growth in visitor numbers
© Salone del Mobile.Milano
02.05.2024

Einrichtungspartnerring VME with higher payout ratio

The German purchasing association Einrichtungspartnerring VME closed the year with a centrally regulated turnover of EUR 1.53 billion. This is well below the previous year's figure of EUR 1.76 billion. Nevertheless, the purchasing association of the furniture industry is satisfied in view of the "economically challenging times", also because the payout ratio to shareholders was "slightly above the very strong year 2022 at 1.165%", according to a press release.
02.05.2024

Domotex Middle East ends successfully

Domotex Middle East ends successfully
The first Domotex in Dubai for 13 years has been hailed a success by the organisers. "The overwhelming success of Domotex Middle East 2024 reflects the vibrant and resilient nature of the global flooring market," said Sonia Wedell-Castellano, Global Director of Domotex at Deutsche Messe AG. Over the course of three days - from 23 to 25 April 2024 - more than 100 exhibitors exhibited at the Dubai World Trade Centre. The five countries with the largest exhibition space were Iran, UAE, Turkey, Egypt and China.
29.04.2024

Furniture retailer Casa sold to AAS Retail

The Swedish-Lebanese businessman Ayad Al Saffar, through his holding company AAS Retail, has acquired a majority stake in the furniture retailer Casa from the investor group Globitas. Casa operates in 8 European countries. With the new owner, Casa will focus more on developing its e-commerce strategy. According to Vincent Nolf, CEO of Casa, the deal comes at an important time for the retail chain: "With this successful transaction and the entry of a strategic partner, we are in an excellent position to respond to developments in the omnichannel sector," reports the online portal Retailtrends.
22.04.2024

Salone del Mobile with strong growth in visitor numbers

Salone del Mobile with strong growth in visitor numbers
With an increase of 17.1% compared to last year, the Salone del Mobile 2024 has reached a record number of 361,417 visitors. The proportion of trade visitors rose to 26.8%, of which 65.8% came from abroad. These figures underline the importance of the event in the international furnishing industry. A total of 1,950 exhibitors from 35 countries took part in the fair.
22.04.2024

Hey-Sign: Change in the management board

Katharina Günther, Managing Director at Hey-Sign for five years, will step down from this position at the end of April 2024. She will be succeeded by Markus Bader on 1 May. He joined Hey-Sign in 2019 as Business Development Manager and was most recently responsible for sales and marketing. In addition to Bader, Franz Endres and Florian Fetzer are members of the Management Board.
22.04.2024

Südbund launches online magazine for end consumers

Südbund launches online magazine for end consumers
The living magazine is the name of the new online magazine with which the German purchasing association for interior decoration Südbund is now providing end consumers who are interested in living and interior decoration with inspiration. It replaces the previous printed magazine "Wohnen & mehr" and opens up new opportunities in digital format to generate and retain customers for Südbund speciality shops. It is updated four times a year with new content, seasonal focal points and lifestyle topics. The association also offers its customers and members the opportunity to customise the online magazine to suit the specific offerings of their specialist shop.
19.04.2024

Rugvista Group reports record sales in the fourth quarter of 2023

Rugvista Group AB has published its annual report for the 2023 financial year. In the fourth quarter of 2023, the company reported net sales of SEK 233.3 million (EUR 20.1 million), an increase of 14.3%. Profit for the period totalled SEK 24.3 million. For the full year 2023, Rugvista achieved net sales of SEK 702.2 M (EUR 60.5 M), an increase of 9.8% (-9.3%). Organic net sales growth was 2.8% and profit for the period totalled SEK 70.0 M.
19.04.2024

Domotex Middle East will take place as planned

In view of the current flooding in Dubai, Deutsche Messe would like to emphasise that Domotex Middle East will take place as planned. Preparations are in full swing. According to the organisers, it is safe to travel to and stay in Dubai. The trade fair for rugs and floor coverings will therefore open its doors at the Dubai World Trade Centre from 23 to 25 April 2024.
15.04.2024

IMM Cologne: New Concepts for 2025

IMM Cologne: New Concepts for 2025
Preparations for the next IMM Cologne, which will take place from 12 to 16 January 2025, are already in full swing. According to Koelnmesse, the aim is to offer an even more attractive and effective trade fair experience by further developing proven formats that inspire and encourage exhibitors and trade visitors alike. In 2025, new hall concepts in the Pure, Home and Sleep segments will offer surprising trade fair experiences.
10.04.2024

SN-Verlag Hamburg: Norman Virks completes the management team

SN-Verlag Hamburg: Norman Virks completes the management team
The management of SN-Verlag Hamburg, the publishing house behind Carpet Home, is setting the course for the tasks of the future and is getting younger: in addition to publisher Michael Steinert and his son Tim Steinert, a third managing director, Norman Virks, has joined the company on 1 April. He is known in the flooring industry as the long-standing head of the marketing cooperation of Joka Fachberater with wholesaler Jordan - a position Virks has held since 2013. The 42-year-old was born in Kassel and has a degree in economics. In his new position as co-managing director of SN-Verlag, Virks intends to focus on issues such as digitalisation and the company's trade fair activities - SN-Verlag will be organising the Hometex trade fair in Bad Salzuflen (formerly ABK Open).

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