Price for wood furniture imported to Japan expanded 6%.
Furniture
Stock cabinet sales lead the downturn with a 15.2% drop in year-to-date revenues, while total cabinet quantity shipped falls 14%.
Price for wood furniture exported from Italy lost 24%.
Price for wood furniture imported to the United Kingdom declined only 0.9%.
Company introduces 2026 guidance with core revenue decline of 5% to 10% amid continued market challenges.
The new format will carry more than 2,000 items in store, with the full range available via pick-up or delivery, as Ingka expands beyond large out-of-town locations.
The reviews will begin March 9, 2026, and will cover 2025 shipments of Canadian softwood lumber and Chinese hardwood plywood and wooden bedroom furniture.
Alteri Partners assumes SEK 746 million ($81 million) lease liability as Nobia retains SEK 80 million ($8.7 million) UK pension plan.
Price for wood furniture exported from India gained 1.6%.
Kitchen furniture shipments drop 17% to Euro 41.5 million as tariff policy raises prices and uncertainty.
The industry cites U.S. import tariffs as a factor behind weaker U.S. exports and higher import pressure in Germany.
Custom cabinet sales rise 7% in the month, partially offsetting declines in other categories.
Deal adds $2.4 billion in annual revenue, expands addressable market beyond $200 billion with Florida and Texas accounting for 40% of sales.
Paper sector profits declined 13.6% and timber processing dropped 38.3%, while overall manufacturing rose 5%.
The platform enables local buying and selling of pre-owned IKEA furniture and aims to reach 170,000 listings in 2026 across Spain, Norway, Portugal, Poland, and Sweden.
Purchase includes 70% stake in family-owned window company that employs 200 people and exports to Austria and Switzerland.
Export value decreases 10.1% to $20.8 billion as average price falls 12.4% to $43.2 per piece.
Semi-custom sales fall 15% and stock sales drop 14.5% year-over-year, with year-to-date market reaching an estimated $20.7 billion.
Company sells UK brands to Alteri Partners.
Vishal Singh brings over 20 years of industry experience from roles at Masco and Oldcastle Building Envelope.