Aiko TanakaLiving
Nick Scali ANZ Orders Drop 15 per Cent After Cyberattack and Market Slump
First-half revenue across Australia and New Zealand is projected to fall up to 14 per cent.
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Furniture
Every story tagged Furniture on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.
Stories tagged Furniture
128 stories in this topic
Maria SantosLiving
Adairs Chief Elle Roseby Resigns Following 39.4 Million Dollar Loss
The Australian homeware group begins a leadership succession process as Elle Roseby prepares to exit by March 2027 after shuttering its New Zealand stores.
Rajiv MenonLiving
Ikea Installs Miniature Home Exhibits Across Melbourne, Beijing and Chengdu
The Swedish furniture retailer teamed up with artist Christopher Nordstrom to build 1:12 scale models showing compact living solutions.
Rajiv MenonLiving
Koala Revenue Rises 20% to $332 Million as Japan Sales Jump
The Australian furniture brand saw its full-year pro forma EBITDA more than double to $27.9 million following its stock exchange debut and expansion into Britain.
Rajiv MenonFinance
Japanese Retailers Lock in FX Contracts as Weak Yen Hits Profits
Takara MC and furniture giant Nitori face mounting import costs with the currency lingering near 159 per dollar after a 30 per cent drop over five years.
Aiko TanakaLiving
L Catterton targets Japan’s furniture sector with stake in Seki Furniture
L Catterton, an investment firm supported by luxury goods group LVMH, has entered into a strategic partnership with Seki Furniture, a prominent furniture producer and retailer in Japan. Established in Okawa in 1968, Seki Furniture originated as a wholesaling…
Wei ZhangLiving
IKEA Announces Exciting Launch of Its First Store in New Zealand!
IKEA is set to make a splash in New Zealand with its inaugural store opening at Sylvia Park, Auckland, on December 4. Spanning an impressive 34,000 square meters, this expansive outlet will showcase a staggering array of over 7,500 products, which local…
Maria SantosLiving
IKEA Expands Boldly in India with Diverse Store Formats and Enhanced Supply Chain Strategy
In a bold leap towards modernization and urban adaptation, Swedish home furnishings behemoth IKEA is expanding its footprint across India. The retailer is introducing a fresh approach that encompasses compact city storefronts, expansive mixed-use…
Minjun ParkGeneral
Singapore’s Castlery Expands European Footprint With Uk E-commerce Launch And London Pop-up Store
Singaporean home furnishings company, Castlery, has extended its reach by opening an e-commerce store in the United Kingdom. This move signifies the brand’s initial foray into the European marketplace. The online store showcases an extensive variety of…
Wei ZhangLiving
Royaloak Furniture Expands Horizons: Launches Three Exciting Stores in the UAE Market!
As retail dynamics continue to evolve across Asia, innovation and adaptability remain at the forefront of success. In a recent development, a wave of retail businesses is harnessing the power of artificial intelligence (AI) to enhance customer experience and…
Minjun ParkLiving
Opening date released for the world’s largest Ikea in Manila
The world’s largest Ikea store, Ikea Pasay City in Manila, is set to open its doors to the public this month after being delayed due to the Covid-19 pandemic. Ikea Pasay City also marks the chain’s first location in the Philippines. The 67,760sqm store,…
Rajiv MenonLiving
Ikea launching online marketplace for second-hand goods
It might not be as good as picking up those meatballs on your way home, but IKEA is launching an online marketplace for Aussies to buy and sell second-hand products. The new ‘As-is’ scheme will be piloted, allowing their members to browse second-hand IKEA…
Minjun ParkGeneral
Furniture companies seek reopening autonomy
Furniture companies in Binh Duong are proposing more autonomy in imposing Covid-19 measures as they reopen after months of social distancing. Members of Binh Duong Furniture Association said due to the limited number of government workers, their proposals to…
Maria SantosLiving
Ikea expands Buy Back & Resell program as it eyes 2030 circularity goal
Global furniture and homewares retailer Ikea has expanded its Buy Back & Resell concept into the US with a three-week trial in the Pennsylvania city of Conshohocken in suburban Philadelphia. Ikea piloted the concept in the UK in 2019 before launching two…
Maria SantosLiving
Vietnam replaces China as largest furniture exporter to US
Vietnam has overtaken China as the largest furniture exporter to the U.S. as tariffs drive manufacturers out of the world’s second-largest economy. Vietnam exported $7.4 billion worth of furniture to the U.S. last year, compared to China’s $7.33 billion. This…
Rajiv MenonFood
Hong Kong furniture retailer launches online food range
Hong Kong furniture retailer Pricerite has introduced its first online food range, Pricerite Food, fronted by Hong Kong rising star, actor Liu Junqian. According to the company, Pricerite Food’s philosophy is to promote a “slow living” lifestyle amid the…