German furniture industry in jeopardy: Major players facing insolvencies and selloffs

At the start of 2025, Germany's furniture industry is experiencing significant distress, with insolvencies and acquisitions reshaping the sector. The latest developments include the financial struggles of Vivonio Group’s subsidiaries Staud and Leuwico, the insolvency of Loddenkemper, and the takeover of the Porta Group by Austrian retail giant XXXLutz. Vivonio Group: Historic brands in distress Two of Vivonio Group’s well-established furniture brands, Staud and Leuwico, have entered insolvency proceedings. Staud, a premium furniture manufacturer based in Bad Saulgau with a 371-year history, faces possible bankruptcy by February if an investor is not secured ...