Welcome to JSA Consultancy Services

A business consultancy, based in London, England, John Sacks' JSA Consultancy Services provides expert, in-depth, information advice and guidance as to how to exploit successfully the office furniture and interiors markets in Europe, North America, Australasia and Japan.

Schiavello, Australia’s largest office furniture manufacturer, hangs in

Sunday 12 February 2012

PETER Schiavello watched another competitor drop into voluntary administration last week. ''Look, it's tough, I can't pretend it's not,'' he says.. Already, a net 127,000 manufacturing jobs have been wiped out across Australia since 2008.
Mr Schiavello employs 1300 people at his Tullamarine office furniture business, with annual turnover of about $500 million. ''The last 12 months our revenue is stagnant, the year before that it increased by 20 per cent,'' he says. ''But our numbers are still looking reasonably strong.''
The rising Australian dollar has increased his competition from cheaper foreign goods. Conversely, the company's export business has dropped from 15 to 5 per cent of production. ''When you go dollar for dollar, it's difficult to compete,'' Mr Schiavello says.
If the dollar remains high, he will reluctantly consider shifting more production offshore. ''We are absolutely dedicated to continuing to manufacture here, but if it means we have to start to look at ways to bring our overall production costs down … then we have no option but to look at that.''
Revenue within the furniture manufacturing industry is expected to remain flat for the next five years, according to IBISWorld. Low-cost imports from Asia are expected to rise by 1.8 per cent a year - more than three times ''negligible growth'' in domestic demand.
''Competition here increases all the time,'' Peter Schiavello says. ''The market has softened … But I'm not contemplating the worst-case scenario, you have to be positive.''

Subscribe to our News Page

Enter your email here and we will tell you when this page is updated.

 

 

moreLatest News

Monday 22 May 2017 Chybik + Kristof uses 900 plastic chairs to clad Czech furniture showroom

Hundreds of used black plastic chairs cover the facade of this furniture shop, which architecture st

Sunday 21 May 2017 Knoll Inc Announces Quarterly Dividend of $0.15 (KNL)

Knoll Inc (NYSE:KNL) declared a quarterly dividend on Thursday, May 11th. Shareholders of record on

Friday 5 May 2017 HNI Corp (HNI) Releases Quarterly Earnings Results, Beats Expectations By $0.04 EPS

HNI Corp (NYSE:HNI) announced its earnings results on Wednesday. The business services provider repo

Wednesday 3 May 2017 Kimball International, Inc. Reports Third Quarter Results — GAAP Net Income Increases 162% (Non-GA

JASPER, Ind., May 03, 2017 (GLOBE NEWSWIRE) -- Kimball International, Inc. (NASDAQ:KBAL) today annou

Contact Us

JSA Consultancy Services
4-5 Gray’s Inn Square, Gray’s Inn,
London, WC1R 5AH, England


+44 (0) 20 7670 1510