Canadian shipments to U.S. soar 28% in half

Article Abstract:

Canadian furniture exports to the US increased by 28.1% to C$599.3 million for the first six months of 1998 compared to the figures reported for the same period in 1997. Preliminary information from Industry Canada's consumer products unit also reported that furniture imports from the US into Canada declined by 2.8% to C$220.4 million for the first half of 1998 compared to the first six months of 1997. The increase in furniture exports and the corresponding decline in imports has been attributed to the weaker value of the Canadian dollar against the US dollar.

Comment:

Canada: Furniture exports to the US increased by 28.1% to C$599.3 mil for the 1st 6 months of 1998

Furniture & Fixtures, Furniture and Related Product Manufacturing, Exports, Article

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Mega Group gearing to grow under Graydon

Article Abstract:

This article discusses the plans of Mega Group, Canada's second largest buying group, under the leadership of its new President and CEO Michael Graydon. The company is assembling a new management team with Rob Alexander as vice president/merchandising and Benoit Simard as vice president/retail solutions.

Strategy & planning, Furniture, Furniture Wholesale, Furniture Wholesalers, Brief Article, Mega Group Inc. (Saskatoon, Saskatchewan)

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All is uncomfortably quiet on Canadian front

Article Abstract:

There is a general uneasiness in the Canadian furniture industry as both manufacturers and retailers are worried about the existing antidumping prevailing in the US. If duties are imposed on Chinese wood bedroom imports, Canadian producers are not expecting to see an immediate increase in their order.

United States, Management dynamics, FURNITURE AND FIXTURES, Management, Furniture industry, Company business management, Antidumping duties

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