Danish furniture retailer, Bolia continues to defy challenging market conditions, reporting a sales growth of over 20% in the current financial year. This follows a record turnover of 1.4 billion DKK in 2023/24, with a 17% increase in sales.
Photo: Bolia.
Bolia's performance contrasts with the general downturn in the European furniture industry. In Germany, the company recorded a 20% sales growth last year, rising to 23% this year. Expansion continues with new store openings in Málaga, Marbella, and Strasbourg, alongside upcoming launches in Paris, Bonn, and Toulouse.
CEO Lars Lyse, celebrating 20 years at the helm, reflects on Bolia's transformation from a small Aarhus-based retailer into a global design brand. He stated, 'It has been a fantastic journey that still feels like it has only just begun.'
With further store openings planned beyond summer, Bolia remains on track for another record-breaking year.
Source: www.wood-supply.dk