Markets / FLOORING / May.18Like for likes up 4.9% for HeadlamBut margins squeezed in competitive market
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| Last Updated on Friday, 18 May 2012 10:46 |
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Headlam, Britain's largest flooring wholesale group, says its sales efforts are continuing to outperform the wider flooring market but margins are coming under pressure.
Department store retailer John Lewis says it expects to write more orders for big-ticket kitchens after securing several hundred warm leads at the consumer home show Grand Designs Live.
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.