Furniture

Passion investors follow their art at LAPADA fair

September 27, 2019

Family investors collecting art for passion or profit, or a blend of both, should pay for the best example of an artist’s work they can, in a market made erratic by geopolitical uncertainty, say vendors at the latest LAPADA Art and Antiques Fair in London.

Steelcase heir and philanthropist dies, aged 94

July 9, 2014

Peter Wege, a significant donor to environmental causes and the former second-gen vice chairman of furniture family business Steelcase, has died in Michigan, US, aged 94.

Peter Wege, a significant donor to environmental causes and the former second-gen vice chairman of furniture family business Steelcase, has died in Michigan, US, aged 94.

Founded in 1912 by Wege’s father, Peter Martin Wege, Steelcase is the world’s largest office furniture manufacturer, reporting revenues of $2.9 billion last year.

Ikea France under investigation for spying on staff and customers

November 21, 2013

A number of arrests have been made at Ikea France over allegations the European arm of the Swedish family business hired a security firm to spy on employees and customers using police files.

Ikea France is being investigated as a corporate entity, and could be forced to pay compensation to any victims of spying.

Stefan Vanoverbeke, chief executive of the French division of the Swedish flat pack furniture business, along with his predecessor Jean-Louis Baillot, and chief financial officer Dariusz Rychert were arrested on Monday.