Furniture

Design label Serax has new majority shareholder

Investment firm Buysse & Partners acquired design platform Serax, known for selling designs by  Belgians like Pascale Naessens and Sergio Herman. Its new owner wants to expand the product range and is also targeting foreign markets.

Higher turnover and lower profit for Beter Bed

Despite the fact that Dutch Beter Bed Holding saw its turnover grow 6.7 % in the first half of 2017, its net turnover dropped more than 11 % to 7.5 million euro.

Two possible locations left for Ikea in West Flanders

Swedish furniture chain Ikea has identified two possible locations for a new store in West Flanders: the Ring Shopping Kortrijk Noord and Ter Biest in Wevelgem.

Another turnover growth for Beter Bed

Beter Bed Holding’s second quarter turnover grew to 94.6 million euro, up 5.3 % compared to last year. Even if the Sängjätten acquisition is excluded, the company still posted nice growth numbers.

Danish designer brand Bolia opens store in Ghent

A new Scandinavian design brand will venture into Belgium: Danish Bolia opened its first Belgian store on 22 June in a very special location: the “Wolweverskapel” (the wool weaver’s chapel) in the Kortedagsteeg in Gent. 

Apple and Ikea into augmented reality together

Technology company Apple and furniture store chain Ikea are collaborating on augmented reality that should be revealed in the fall. The app should give customers the opportunity to see how their purchase fits their own interior.

Ikea wants to sell through third party online platforms

Swedish furniture chain Ikea wants to launch a pilot program next year, which would bring the chain’s products to third-party web shops like Amazon or Alibaba.

Ikea jokes about other uses for its famous blue bag

Ikea Dubai released a limited edition of its famous blue Frakta bag. This one includes instructions about how to use the bag in other ways.

Jesper Brodin new CEO for Ikea Group

Ikea’s current CEO, Peter Agnefjäll, has announced he will step down on 1 September after a five-year stint. At that time, Jesper Brodin will take charge of the Swedish group.

Another decent turnover growth for Beter Bed

Dutch Beter Bed Holding has raised its first quarter turnover by 7.6 %, partially thanks to its acquisition of Sängjätten. However, excluding that, turnover would still have grown 5 %.

New distribution center is start of Casa's 20.20 strategy

A new distribution center for Belgian store chain Casa is also the launch of its new strategy Casa 20.20, designed to help the chain grow once more.

Jysk opens its first Belgian stores

Jysk, considered to be Ikea's Danish counterpart, will open its first Belgian stores in Schoten and Genk tomorrow. Lanaken will follow with its own store in May and Olen in September.

Ikea presents the living room of the future

Ikea will present the living room of the future this week. During the Milan designweek, Salone del Mobile, the furniture store chain will open the Ikea Festival Let's Make Room for Life

London’s financial world loves Action

According to British business bank Morgan Stanley, Benelux discounter Action is worth about 10 billion euro, a “conservative calculation”. Majority shareholder 3i’s share immediately skyrocketed.

Ikea Hasselt turns into virtual kitchen "playground"

Swedish furniture store chain Ikea is testing two virtual kitchen applications in three of its stores: one in Canada, one in Sweden and one in Belgium (Hasselt). The apps should help customers plan their kitchen better and enhance customer experience.

Web shops with cheap designer furniture will shut down

Changes in Britain's copyright law, now in line with the European Union's legislation, will mean the end of web shops selling cheaper design furniture knockoffs.

Ikea acquires stake in plastic recycling plant

Swedish Ikea group acquired a 15 % minority stake in Morssinkhof Rymoplast Group, a Dutch plastic recycling plant. It is a sign of how important a circular economy is to the company. 

First Belgian JYSK stores open doors in April

Danish store chain JYSK will arrive in Belgium in April: the first two stores will open on 5 April in Genk and Schoten (near Antwerp).

Strong third quarter growth for Carpetright

In the third quarter of its fiscal year, Carpetright presented positive results once more after two difficult quarters with harsh market conditions.

Back to top