Markets / FURNITURE / May.17Cappellini thrives for Poltrona Frau+Designer furniture firm up 20% in Q1
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| Last Updated on Thursday, 17 May 2012 07:16 |
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A tough residential market failed to stop Italian furniture group Poltrona Frau - owner of the premium design brands Cassina and Cappellini - from posting sales and profits growth in the first quarter of its centenary year.
Privately owned Glasgow home furnisher Hampton & McMurray posted smaller sales and earnings in the year to end October despite an uptick in gross margin.
Acquisitions and an innovative new upholstery filling launched towards the end of 2011 helped niche chair and sofa maker Kirton to 18 per cent sales growth last year.
Floorcoverings independent the Carpet Factory - which trades from a large warehouse style store in Chester - bucked the broader market last year with a double-digit revenue uptick.