Topic
123 stories in this topic
Ikea China has started construction of its first store in Yunnan. The southwestern Chinese province will see its first Ikea outlet in its capital city of Kunming, scheduled to open at the end of next year. The firm is investing more than RMB1 billion (US$141…
Designer footwear label Stuart Weitzman has opened its first airport outlet worldwide at HKIA in partnership with Lagardere Travel Retail. The airport boutique is opening with a curated selection from the brand’s future-inspired Autumn 2019 Collection and SW…
Fung Group subsidiary LF Products will rebrand itself as Living Style Group. The pure-play furniture and home furnishings company said in a statement the rebrand follows the completion of Li & Fung’s strategic divestment of its three product verticals…
Muji household goods store owner Ryohin Keikaku will drop prices on around 1100 products from late August. The price reductions will affect 116 product ranges, including clothes, underwear, tableware, confectionery and furniture. The mark downs are the result…
Global furniture retailer Ikea will start putting its product catalogue on Pinterest to give the print publication a longer lifespan and to allow customers to move more quickly from inspiration to purchase. According to a report in Digiday, Ikea has been…
Australian furniture retailer Coco Republic has launched its outdoor collection at HD Buttercup, a showroom in Los Angeles. The move last week represents Coco Republic’s first foray into the US market. “This line is one that I’m incredibly proud of, having…
Temple & Webster’s revenue grew by around 40 percent to roughly $32 million in the first four months of the year, the online furniture and homewares business said in a trading update to analysts. With two months still go in the second half of fiscal 2019, the…
Ikea Australia officially opened its first small-format store on Friday at Warringah Mall on Sydney’s Northern Beaches. The 98sqm store is the retailer’s first Home Planning Studio, where customers can book one-on-one planning sessions with staff to design…
Muji Singapore has opened a two-storey store at Jewel Changi. The 12th outlet of the popular Japanese minimalist brand houses more than 4000 products and an 88-seat Cafe&Meal dining area. The product range includes apparel, furniture, kitchenware, toiletries,…
The furniture retailing industry may face a tough trading environment in 2019-20 with revenue expected to decline by 3.3 per cent during the period, according to IBISWorld analysts. Mounting internal and external competition is expected to continue to…
Investment companies Oaktree Capital Management and Alceon Group have made a move into homewares with their acquisition of Marlin Management Services (Marlin Brands), a wholesaler whose portfolio includes Decor and Willow, among other leading kitchen and home…
Australian furniture and lifestyle brand King Living has opened a flagship retail store in Shanghai, continuing its global expansion into China. The new 400sqm space will showcase King Living’s sofa designs, dining ranges, contemporary bed and mattress…
Indian furniture startup WoodenStreet is targeting 15 additional experience stores in the territory by the end of the year. The firm, which specialises in customisable furnishings, currently operates 12 locations throughout India as well as more than 30…
World No.1 selling furniture store brand, Ashley Furniture HomeStore, celebrated the grand opening of its largest flagship HomeStore in Quill City Mall today. Owned and operated by HAUSLIFE Furniture Sdn Bhd (HAUSLIFE), the sole licensee and operator of…
Swedish furniture and homewares retailer Ikea plans to launch furniture rental services in all of its main markets. The Ikea leasing strategy is twofold: firstly it addresses the budgetary constraints of customers who move frequently and cannot afford to…
Ikea Australia’s first small-format store is set to open in Sydney’s Westfield Warringah Mall at the beginning of May. The Ikea Planning Studio will provide shoppers on the Northern Beaches with a place to plan and build their dream kitchens and bedrooms.…
