Markets / UPHOLSTERY / 16th May, 2013UK bucks market & global trend for Stressless+10 per cent rise in Q1 orders |
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First quarter sofa import figures do nothing to suggest Britain's upholstery buyers are ready to ditch Poland and China in favour of established powerhouses such as Italy.
The UK office of Far East sofa manufacturer HTL says it is expecting big things of its premium pitched Corium Italia product line following its acquisition last year.
Results: Stronger margins more than made up for lower sales at La-Z-Boy UK licence holder Furnico last year as profits doubled.
Results: Sofa manufacturer Buoyant Upholstery shed £2m of debt to move to a net funds position after another trading bonanza in 2011/12.