Here, you find current public information on the European tool sector. You can also visit the sub-categories of the Public Area via the menu above. To read about the latest legislative changes that are relevant for the hand tool sector – like the Construction Products Regulation (CPR), obligatory origin marking according to the European Consumer Product Safety Regulation (CPSR) – or have access to information on European Tool Association CEO activities, please visit the Members Area.
Euro area annual inflation is expected to be 1.2% in June 2019, stable compared to May, according to a flash estimate from Eurostat, the statistical office of the European Union.
Praktiker Hungary reports record sales for 2018. Returns rose by 19.5 per cent to HUF 57.1 bn (EUR 178 mio).
The Swedish retailer Clas Ohlson now offers a one month free storage service included in the purchase of storage boxes.
After entering the Norwegian market a year ago, the Danish home improvement chain Jem & Fix now has five outlets in the neighbouring country to the north.
The first estimate for euro area (EA19) exports of goods to the rest of the world in April 2019 was €192.9 billion, an increase of 5.2% compared with April 2018 (€183.4 bn).
Hourly labour costs rose by 2.4% in the euro area (EA19) and by 2.6% in the EU28 in the first quarter of 2019, compared with the same quarter of the previous year.
Kingfisher has presented its new own brand GoodHome at the same time as its new express format of the same name.
The Lagerhaus stores in Austria grew only slightly in the last year.
Another study has come out in Great Britain showing that the so-called Generation Z (those born after 1997) are much less comfortable with DIY than the “baby boomers” (people born between 1946 and 1964).
The German DIY store operator Hornbach is targeting sales growth in the mid-single-digit percentage range and a significantly above-average increase in adjusted operating earnings (EBIT) for the current financial year 2019/2020 (1 March 2019 to 29 February 2020).