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SINGAPORE, March 3, 2023 /PRNewswire/ -- The Spanish furniture, design, and decoration brand, Kave Home, through its strategic partnership with Nook & Cranny - a key local furniture player, expands its footprint in Southeast Asia, starting with a flagship store in Singapore.
Birthed online in 2013, Kave Home embarked on a new era of growth in 2019 with the launch of its first physical store in its home country, Spain. Since then, it has extended its presence globally with more than 80 stores in Europe, Africa, Australia, Korea, New Caledonia, and South America.
Kave Home grew exponentially in 2022, opening 42 new physical stores in 13 countries, accompanied by strong online orders. The company closed its 2022 financial year with a turnover of 153 million euros - a healthy increase of 34% compared to 2021 and doubled the turnover of 2020.
In January 2023, Kave Home appointed Francesc Julià Ametller as its new Chief Executive Officer (CEO), making way for a generational change in management that will infuse new momentum, new energy, and fresh ideas into the business. The company is on a growth trajectory, expecting to open more than 60 new physical outlets worldwide and having a turnover of more than 200 million euros in 2023.
As the first flagship outlet in Southeast Asia, Kave Home aims to position itself as an all-in-one stop for everything related to furniture, offering well-design furniture and decorations with a Spanish, European, or contemporary flair.
"Southeast Asia is an important growth market for Kave Home. The opening of our first flagship store in Singapore is an important milestone in our growth strategy. As the hub for the region, Singapore will boost our brand presence in this region, and strengthen our position as a global leader in furniture, design, and decoration solutions," said CEO Francesc Julià Ametller.
"The collaboration with Nook & Cranny will allow us to leverage their experience and consumer insights in the home and furnishing industry in Singapore and the region to offer products that meet customer demand which will help us further accelerate market penetration," he added.
Kave Home Singapore
Spanning 8,000 square feet, the new outlet in Raffles City is open and spacious with a warm and inviting ambiance, strengthening the consumers' shopping experience. The outlet offers that high-quality furniture and decorations at affordable price points for every budget.
Complementing the new store is the Kave Home Singapore shopping portal, https://sg.kavehome.com. It features a wide range of over 4,000 SKUs across categories, tailoring to meet the needs and preferences of local consumers.
Kave Home is the next big thing in the furniture and decoration space. Its products are designed to meet furniture trends such as compact and modular furniture for smaller homes. This is in step with the shrinking home sizes in countries like Singapore and Europe. To increase the personalisation factor, these products also come in a variety of colours and configurations.
About Kave Home
Kave Home works to revolutionise the world of furniture and interiors, creating unique designs in a sustainable way. It is committed to giving it a twist and being the option for non-conformists who are looking for something more.
Its purpose is to create high-quality design products with impeccable service. Its obsession is to make every detail perfect. That's why the brand carefully adheres to every step of the process from designing to manufacturing and distribution to ensure excellent and functional products - high quality, long-lasting and affordable.
Kave Home has recently launched Kave Cares, demonstrating its commitment to the planet and people. The company designs pieces with recycled and recyclable materials and makes its products conscientiously One of its short-term goals is to eliminate the use of plastic in shops and packaging by 2025.
Kave Home is present in more than 80 countries with 14 physical shops in Spain - Barcelona, Bilbao, Girona, Ibi, La Coruña, Madrid, Málaga, Martorell, Ourense, Pamplona, Pontevedra, Reus, Vigo and Zaragoza. It is currently developing a plan to launch more outlets in Spain and expand the brand internationally.
For more information, please visit https://kavehome.com/en/en/.
