Design Firms to See Steady Sales; Consolidation in 2023

Design Firms to See Steady Sales; Consolidation in 2023

While the cost of raw materials and energy prices are stabilizing, furniture makers in the high-end segment have passed on the price increases onto the consumer. According to D'Arpizio, a wave of consolidation is expected to sweep through the sector in the near term. According to the most recen...

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Bibliographische Detailangaben
Veröffentlicht in:WWD 2023-04, p.11-11
1. Verfasser: Celeste, Sofia
Format: Artikel
Sprache:eng
Schlagworte:
Alliances
Chief executive officers
Consortia
Design
Furniture
Growth rate
Lighting
Pandemics
Volatility
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Beschreibung
Zusammenfassung:While the cost of raw materials and energy prices are stabilizing, furniture makers in the high-end segment have passed on the price increases onto the consumer. According to D'Arpizio, a wave of consolidation is expected to sweep through the sector in the near term. According to the most recent design sector report released by Fondazione Symbola, Deloitte Private and Poli, Italy's sector is the world's largest, driven by 30,000 companies and 61,000 employees in 2020.
ISSN:0149-5380