Pakistan Home Textiles News

Related Furniture and Furnishings Industry News

• October 2024: RYSE Inc., the innovative smart home company known for its flagship product, SmartShade, unveiled a new investment round. This round sees a notable 16.67% uptick in share price from the prior round.
• September 2024: Daylight has partnered with Lutron to incorporate Lutron's automated shades into its product lineup. This collaboration seeks to improve natural light management in both residential and commercial settings, enabling users to fine-tune their surroundings quickly.
• March 2023: Lutron Electronics Co., Inc. teamed up with a prominent voice assistant provider to bolster the voice control features of their automated shading systems. Due to this partnership, users can command their Lutron blinds using more intuitive, natural language, streamlining the overall user experience.

• July 2023: Herman Miller launched the Luva Modular Sofa Group and Cyclade Tables, two stunning designs developed in collaboration with Singaporean designer Gabriel Tan.
• February 2023: To encourage households to make more sustainable purchases, Inter IKEA Systems BV (Interogo Foundation) introduced three collections as part of its new transitional range: Vivid Wonderland, Glorious Green, and Simple Serenity.

• March 2024: Blum, a global leader in innovative furniture and kitchen fittings, unveiled its latest Experience Centre in Bangalore, showcasing its diverse product portfolio.
• February 2024: As a global leader in kitchen and bath products, luxury decorative brands, wellness, and hospitality, Kohler Co. showcased its latest product innovations in form and functionality at the upcoming Kitchen and Bath Industry Show (KBIS).

• September 2024: Vicunha, a major global textile company, completed its analysis of acquiring Cedro Têxtil. Vicunha's entry into a new market is focused on professional uniform fabrics.
• January 2024: EVORA Global strategically acquired METRY, the leading platform in Europe for environmental data collection. This acquisition aims to set new benchmarks in data quality and technological advancement, providing holistic data solutions tailored for the global real estate and infrastructure investment sectors.

• June 2024: Escofet, a subsidiary of Molins, unveiled its urban furniture collections, 'Gather' and 'Tiers,' in collaboration with Foster + Partners Industrial Design. These collections emerged from a joint effort between Foster + Partners Industrial Design and its landscape and urban design teams in close partnership with Escofet's design department.
• May 2024: Bivaq, a Spanish outdoor furniture brand, introduced three new products, namely the SAL chair, the Balm Collection, and the Nami Collection. Additionally, the brand revealed a refreshed visual identity.

• August 2024: Interiors UAE introduced a new Neo-classic-inspired furniture collection. This line combines traditional and modern design elements, featuring pieces from renowned brands such as Michael Amini, Theodore Alexander, and ART Furniture. The collection aims to blend timeless aesthetics with contemporary functionality.
• April 2024: Sobha Group signed a land lease agreement with Dubai Industrial City (DIC) to establish Sobha Furniture's second factory. The facility, valued at approximately AED 450 million (USD 123 million), is set to become the UAE's largest fully automated furniture factory.
• March 2024: Brazilian luxury furniture brand Breton expanded internationally by opening its first showroom outside Brazil. Located in Dubai's Al Wasl Road, the flagship store spans 2,300 square meters across two floors in a high-end residential area.

• May 2024: Greenwell Equipment, a prominent player in the office and industrial supplies arena, unveiled a dedicated office furniture section on its website. This expansive section boasts over 1,000 products, encompassing everything from ergonomic chairs to executive desks.
• August 2023: Herman Miller launched the Fuld Nesting Chair, a sleek, minimalist design created in collaboration with Stefan Diez. This chair enables flexible configurations in workspaces.

• February 2024: PLANK’s presentation at Salone del Mobile.Milano 2024 featured a simple, museum-like architecture, showcasing the evolution of its iconic products. The exhibition emphasized reuse and sustainable design, utilizing the previous year’s project and materials to highlight the brand's commitment to environmental responsibility and innovation in design.
• March 2023: Roda launched its new outdoor collection, highlighting lightness, beauty, and nature. The collection comprised the versatile Estendo modular sofas, the refined Eden project, the innovative deconstructed volumes of the Onda collection, and the elegant Calla armchair, blending sophistication with natural inspiration.

• May 2023: Resortecs joined forces with BekaertDeslee, a prominent mattress textile and sleep solutions industry player. Their collaboration aims to revolutionize mattress cover recycling, elevating the concept of Design for Disassembly from mere fashion to a pioneering solution. By doing so, they aim to tackle the challenge of waste reduction and enhance the recyclability of one of the most intricate textile products in the market.
• April 2023: Recyc-Matelas Europe, a prominent player in recycling end-of-life mattresses, acquired Ecomatelas, a leading provider of reconditioned bedding in France. This strategic move positions Recyc-Matelas Europe as a pivotal player in France's circular economy. Weinberg Capital Partners and Bpifrance facilitated the acquisition.

• January 2024: Serta, one of the world's fastest-growing sleep companies, announced the launch of seven new collections available this year across all of Serta, Beautyrest's product platforms. The latest collections are intended to position each brand more strategically with impressive product lineups that offer extraordinary value propositions and feature sets consumers can easily comprehend. They will also provide our retailers with the product assortment to increase step-up sales.
• November 2023: SSB, a global leader in the sleep industry, opened its new 500,000-square-foot manufacturing plant in Rock County. The new plant would manufacture mattresses under the SSB. Beautyrest and Simmons's brands are expected to retain over 300 local jobs as SSB recovers lost market share over the next several years. SSB has a long manufacturing history in Rock County.