Jysk: positive conclusion after rebranding in Germany

Since September 2021, Dänisches Bettenlager is also called Jysk in Germany. Six months after the rebranding, Christian Schirmer, Country Manager Germany of the Danish company, draws a positive conclusion. "The rebranding from Dänisches Bettenlager to Jysk is not just a name change, but part of a comprehensive transformation in many areas, because the company has long been more than just a 'warehouse for bedding'.

Otto increases turnover by 13 percent

The individual company Otto has now published its turnover figures for the past financial year 2021/22, according to which the company was able to increase its turnover by 13% to EUR 5.124 billion. As an important element contributing to the growth, Otto cites the number of marketplace partners, which increased from 1,000 to 3,500 in the past financial year and continues to grow steadily.

Since 2020, the Hamburg-based company has made it possible for interested brands and retailers to offer their own product ranges on otto.de in return for commission. In total, there are currently over ten million products in the otto.de shop. By comparison, in 2018 there were still one million items.

Raum & Boden 2022: Register now as a trade visitor free of charge

In a few days, the Raum & Boden 2022 trade fair will open its virtual doors. The digital trade fair of the SN Verlag will open its virtual doors from 31 March to 1 April.

Interested trade visitors can already register now to visit the fair free of charge: Click here to go directly to registration.

Also the second edition of the Raum & Boden trade fair is compact but high-calibre with a total of 16 suppliers from the floor coverings & carpets, flooring technology and trade sectors. Five exhibitors from the carpet sector are represented:

- Bahram Tahbaz
- Care & Fair
- F & H Farhadian
- Mohammadzadeh & Sohn
- Oritop

Auctions: Bonhams also acquires Skinner

The auction house Bonhams continues to grow and acquires Skinner, New England’s largest appraisers and auctioneers of fine and decorative art with locations in Boston and Marlborogh. With this acquisition, Bonhams continues its local and global expansion and is represented with its own flagship salesrooms in London, New York, Los Angeles, Paris, Hong Kong and now Boston. Already in January 2022, the Swedish auction house Bukowskis was also acquired. A company that, like Skinner, has a well-established carpet department.

Exhibition: Seeing with your feet – The Carpet in Contemporary Art

They come in all imaginable colors, shapes and variations: high pile, Persian, fur, oriental, hand-knotted, woven or machine-produced. The long history of the carpet is always closely linked to the history of mankind: for example, it says something about our sedentariness, our relationship to space, or even our hospitality.

In addition to highlighting the historical and social junctures, the exhibition „Seeing with your feet – The Carpet in Contemporary Art“ (27 Feb - 22 May 2022) enables one thing above all: a sensory experience for all. The artists in the exhibition engage with a medium with which we probably all associate a memory. In the exhibition, these memories can be released or even expanded through new perspectives. In this way, the exhibits remain identifiable not only as inanimate „things,“ but offer a starting point for sensory reflection on the past, present, and future.

Schlau/Hammer: Fesenberg retired

At the end of February 2022, Wernfried Fesenberg retired. For 16 years, he was responsible as managing director for purchasing at the German retail and wholesale group Schlau/Hammer. As his successors, Krystina Geis will take over Category Management Living (carpets, mats, curtains, sun protection, bed, bath, home accessories) and Stephanie Huesmann Category Management Flooring, Wall, Tools (floor coverings, construction chemicals, paints, wallpaper, tools). Both have been with the company since the beginning of the year.

Next Domotex to take place in January 2023

It took a while for a decision to be made. Now it has been decided: the next Domotex is to take place in January 2023. In contrast to other interior trade fairs such as the Salone del Mobile and Heimtextil, there will be no special "summer edition" of Domotex in Hanover. The fair is to take place from 12 to 15 January. This results in a new sequence of days. The first day of the fair will now be a Thursday, and Domotex 2023 will end on a Sunday.

Balta Annual Report 2021 with ups and downs

How is Balta doing? The conference call on the financial year 2021 was awaited with particular excitement - not least because of the sale of various business units to the British Victoria Group.

Balta CEO Cyrille Ragoucy, Transformation Officer Ruben Tattheeuws and CFO Jan-Christian Werner looked back on an eventful 2021: consolidated turnover increased by 12.9% to EUR 634.3 million. Area rugs (Balta Home) increased by an impressive EUR 50.7 million, the residential segment by EUR 14.2 million and the contract segment by EUR 7.6 million. Consolidated adjusted EBITDA rose by 28 % to EUR 87 million: Balta had budgeted for price increases early on, even before the increased cost of materials took hold. At 1.5 %, fixed costs were only slightly above those of the previous year.

Porta furniture retail group parts ways with managing director Jürgen Gerdes

The Porta group of companies has surprisingly parted company with managing director Jürgen Gerdes. This was announced by the company. According to the managing partners, "different views on business policy" led to the decision. Gerdes joined the Porta Group in 20189 and had previously held a board position at Deutsche Post for eleven years. Porta did not comment on a possible successor to the outgoing managing director.

Invista steigt aus dem Teppichfasergeschäft aus

Der Faserhersteller Invista wird noch in diesem Jahr die Produktion von Polyamid 6.6 (Nylon) für Teppichgarne einstellen. Nach Berichten amerikanischer Medien soll dieser Schritt bis Juli 2022 vollzogen werden. Damit reagiere man auf den schwindenden Markt für Teppichgarne aus Polyamid 6.6. Die Produktion des Kunststoffs wird im eigenen Werk in Camden/South Carolina fortgesetzt, jedoch für andere Industriezweige.