The French tropical wood company Rougier reported revenues of €78.5 million for the first-half of 2016, down 9.3% from the same period the previous year, in their consolidated accounts issued at the Board of Directors meeting in October. At the same meeting, the company also launched a strategic action plan to improve the group’s profitability and financial resources.
Continue reading “Rougier Takes Action to Counter Falling Sales in Emerging Markets – ITTO European Market Report 31st October 2016”Tropical Suppliers Squeezed Out of the European Flooring Market – ITTO European Market Report 15th October 2016
Tropical suppliers to Europe’s wood flooring sector are being squeezed out as domestic production in the region is rising again, oak is becoming increasingly dominant, and competition from laminated flooring and other non-wood materials is mounting.
Continue reading “Tropical Suppliers Squeezed Out of the European Flooring Market – ITTO European Market Report 15th October 2016”