The restructure of premium sofa maker and retailer Wesley Barrell involved a £20,000 upfront payment with the rest payable over time. Creditors face a shortfall of about £2.5 million.
Furniture-to-fashion chain Laura Ashley attributed a double-digit slump in big-ticket upholstery, cabinet and bed sales for it sinking to a half-year loss in the 26 weeks to December 31, 2018.
Retail giant Wren Kitchens, which makes it own products out of vast factories across Lincolnshire and Yorkshire, has become an approved member of BFM, the British Furniture Manufacturers association.
A major Far East upholstered chair maker is planning its first foray into European production with a purpose-built plant in Romania.
One of Britain's largest independent carpet manufacturers was back in the black last year after it shrugged off a "challenging retail environment" and market uncertainty to post near double-digit growth.
The joint administrators of Wesley Barrell have outlined details of their past relationship with the owner of the prepacked upholstery maker and retailer, saying between them they worked on two previous insolvencies he was involved with.
Upholstery sales were strong in an otherwise bleak week for John Lewis & Partners home category goods, with the department store mutual posting a sixth straight year-on-year fall.
Privately-owned home furnishings retailer Glasswells has paid tribute to Gary King, manager of its Haverhill store, with an award for his 40 years of service.
Contract and hotel furniture maker YTM Group has ceased trading after being placed into administration. All 117 employees have been made redundant.
Competitors and other interested parties have been invited to have their say on the takeover of two distributors bought by floorcoverings wholesale giant Headlam last year.
Interior furnishings group Walker Greenbank is to begin a cost saving exercise as it looks to mitigate the impact of weakening UK brand sales on the business.
Working capital increased for West Yorkshire upholstery fabrics supplier J Brown Fabrics in 2017–18 as it ended the period with more cash and inventory than the previous year.
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Likewise Group has made its first move into the wall-to-wall floorcoverings category after completing the acquisition of South East London based distributor Lewis Abbott.
Carpetright, Britain's biggest flooring retailer, said it continued to trade below year-earlier levels in the period taking in pre-Christmas trading and the January sales.
Designer furniture retailer Heal's says it has been left shocked by a major fire that destroyed its newly-leased warehouse and the stock stored inside, but relieved that no-one was hurt.
The owner of upmarket upholstery maker and retailer Wesley Barrell says he is not afraid to do "what needs to be done" in response to the economic climate and to ensure the business' survival.
General merchandise retailer Next has added a net 147 furniture and homeware brands to its online product roster in the past two and a half years, aiding its performance and visibility in the...
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The 'nominal sum' sale of upholstery maker and retailer Sofa.com might well have been for more than it first appears.
Briefly, the UK mattress industry had a new competitor.
How much do you think Sofa.com is worth, someone once very close to ScS asked us at the January Furniture Show last week? In hindsight, that question was either extremely prescient or heavily-loaded.
When Sofa.com debt-holder LGT European Capital took over the equity element of the upholstery vertical last year there was perhaps only ever one certainty.
List containing details of creditors owed £10,000 or more by Wesley Barrell (Witney), which was placed into administration February 7, 2019.
Today's list contains eight insolvent companies leaving combined debts of £3,484,221. Names all 53 creditors owed £10,000 or more.
Seven insolvencies from within the furniture and furnishings industry were announced in the period February 9–15, 2019.
Today's list contains six insolvent companies leaving combined debts of £1,628,996. Names all 37 creditors owed £10,000 or more.
The restructure of premium sofa maker and retailer Wesley Barrell involved a £20,000 upfront payment with the rest payable over time. Creditors face a shortfall of about £2.5 million.
Furniture-to-fashion chain Laura Ashley attributed a double-digit slump in big-ticket upholstery, cabinet and bed sales for it sinking to a half-year loss in the 26 weeks to December 31, 2018.
Dr Lindsay Browning, author of troublesleeping.co.uk, has been appointed Sleep Ambassador at And So To Bed, the UK and international high-end bedding retailer.
High-end sofa maker and retailer Wesley Barrell has completed its widely-anticipated restructure after the operating company was placed into the hands of administrators earlier this month.
Independent specialist retail chain Beaumont Beds has been placed into administration with office holders having already culled a number of its stores on appointment and hired agents to find a buyer for the business.
Victoria, the acquisitive floorcoverings conglomerate, says its South Wales carpet factory will produce higher volumes despite recent headcount reductions, with a new backing line now in full production.
PwC, the big-four consultancy firm overseeing the winding down of the now-defunct upholstery chain Fabb Sofas, says its fees might be higher than first anticipated.
Creditors of the heritage rise and recline chair maker AJ Way, which filed for insolvency last autumn, face a potential seven-figure shortfall according to a report by administrators.
Retailers held their nerve last month as furniture retail price inflation climbed to a nine-month high in January, driven by shallower discounts.
Any lingering doubts over Sports Direct International's involvement with Sofa.com have been put to bed with details emerging of a credit line agreed between the two parties.
Retail giant Wren Kitchens, which makes it own products out of vast factories across Lincolnshire and Yorkshire, has become an approved member of BFM, the British Furniture Manufacturers association.
A major Far East upholstered chair maker is planning its first foray into European production with a purpose-built plant in Romania.
One of Britain's largest independent carpet manufacturers was back in the black last year after it shrugged off a "challenging retail environment" and market uncertainty to post near double-digit growth.
The joint administrators of Wesley Barrell have outlined details of their past relationship with the owner of the prepacked upholstery maker and retailer, saying between them they worked on two previous insolvencies he was involved with.
The National Bed Federation's updated Code of Practice — its third iteration since it launched in 2013 — has been accepted as Assured Advice by trading standards, as the previous two versions were before it.
Upholstery sales were strong in an otherwise bleak week for John Lewis & Partners home category goods, with the department store mutual posting a sixth straight year-on-year fall.
Privately-owned home furnishings retailer Glasswells has paid tribute to Gary King, manager of its Haverhill store, with an award for his 40 years of service.
Contract and hotel furniture maker YTM Group has ceased trading after being placed into administration. All 117 employees have been made redundant.
Competitors and other interested parties have been invited to have their say on the takeover of two distributors bought by floorcoverings wholesale giant Headlam last year.
Interior furnishings group Walker Greenbank is to begin a cost saving exercise as it looks to mitigate the impact of weakening UK brand sales on the business.