Latest news from the home improvement and garden industry

Savings of around 43 million euros

Husqvarna plans further cost reduction measures

The Husqvarna Group is launching further cost-cutting and profitability initiatives in response to difficult market conditions and constrained consumer spending. This was announced today by Gardena's parent company in …

Garden23. October 2024

Third Quarter 2024

Gardena sales fall by double digits

Gardena's net sales fell by 11 per cent to SEK 2.037 bn (approx. EUR 178 mio) in the third quarter of 2024, as reported by the Swedish parent …

Garden23. October 2024

After a mixed half-year

Wickes significantly increases retail sales in the third quarter

The British DIY chain Wickes has reported growth in the third quarter after a mixed first half of the year. Retail …

Distribution22. October 2024

German manufacturers in crisis

International furniture trade fair imm cancelled for 2025

The international furniture trade fair imm Cologne (Internationale Möbelmesse) has been cancelled for 2025. Show organiser…

Events21. October 2024

Hardware retailing in the USA

Controversies surrounding the takeover of True Value by Do it Best

The declaration of bankruptcy (known in the USA as ‘chapter 11 filing’ according to the corresponding section of …

Distribution18. October 2024

Successor to Pär Åström

Maha Elkharbotly is the new President of Gardena

Gardena is getting a new boss at the turn of the year: Maha Elkharbotly has been appointed President of the Gardena Division and …

Garden18. October 2024

Indonesia

ACES sets up new retail subsidiary ahead of rebranding campaign

The Indonesian licensee of Ace Hardware has established a new retail subsidiary ahead of its campaign to rebrand …

Distribution16. October 2024

Initial public offering

Mr. DIY Thailand to raise more than half a billion baht

Mr. DIY Thailand stands to raise more than half a billion Thai baht from its planned initial public offering, information e…

Distribution16. October 2024

Hardware retailing in the USA

Do it Best wants to take over bankrupt competitor True Value

In the USA, there are currently major shifts in the co-operation and wholesaler sector serving independent hardware …

Distribution15. October 2024

target of 10 stores by March 2025

Mr. DIY bullish on Poland

Indicating bullishness on its prospects in Poland, Malaysian home goods giant Mr. DIY has disclosed plans to rapidly grow in the country over the next …

Distribution15. October 2024