Restructuring advisors have launched an investigation that may lead to a larger-than-previously-expected recovery for creditors of the predecessor Cox & Cox furniture and homeware ecommerce company.

A second Sofa.com concession is closing inside the first four months of this year as parent company Frasers Group pulls the shutters down on one of its historic department store sites.

Independent retailer M6 Bed Warehouse is targeting the Early May Bank Holiday weekend for the launch of its second store, doubling its footprint.

Dunelm has maintained its full year profit guidance after achieving volume-driven sales growth in the third quarter of its financial year.

Mark Slater, who oversaw a redesign of the product proposition of case goods giant Howdens, has been appointed as the new chief commercial officer at Bensons for Beds.

Halo Group now owns 100 percent of London-based upholstered furniture manufacturer Dudgeon Sofas after its former owner's retirement triggered an increase in its stake.

Consumer prices in the furniture category continued to decelerate in the year to March as deflation persisted for a third straight month. The opposite was true with floorcoverings.

The owner of expanding retail chain NCF Living believes the company is on target for exponential sales growth in the next year as it continues to build out its store footprint.

IKEA opened its new state-of-the-art distribution centre at Rathcoole, Co. Dublin on Wednesday in a move that will lead to a halving in customer delivery times in Ireland.

Furniture brand Swoon returned to profit in 2023 driven by what it called a "clear focus on improving product margins and control of overheads."

Furniture, home and garden marketplace retailer Wayfair makes its bricks-and-mortar debut in its domestic market next month but that won't diminish its appetite for web growth, believing the sales runway for ecommerce remains vast.

A newly-formed company has taken control of Scotland-based furniture, lighting and home décor distributor CIMC Home following an apparent restructuring exercise.

Cabinet imports fell for a 15th month in a row on a year-on-year basis as weak living/dining figures outweighed improvement in bedroom and home office furniture.

SleepSoul, the hybrid mattress brand developed by furniture supplier Birlea, has agreed an exclusive distribution tie-up that takes it into the United Arab Emirates (U.A.E.).

Sofa maker Tetrad featured extensively on Channel 4's Remarkable Renovations programme last week with host George Clarke given a behind the scenes tour of its Preston factory.

The furniture industry's biggest fundraiser takes place in June, one of three late spring/early summer events signposted by the trade's dedicated charity.

Upholstered furniture market leader DFS temporarily reinstated its four-year interest free credit (IFC) offer this spring, a year after it was cut to three years to mitigate the rising cost of the proposition.

Mattress imports continued to climb in the early months of 2024 thanks to an outsized impact from premium bedding producer Tempur.

Weak carpet and vinyl data depressed flooring imports in February despite a first rise in parquet shipments since last autumn.

Charlies, the eight-store home and garden retailer, booked lower profits last year as rising costs outweighed the impact of higher sales and income from an insurance claim.

The China International Furniture Fair (CIFF) attracted all-time high visitor and exhibitor numbers last month with organisers saying it had cemented its position as the world's largest furniture event.

South East furniture and interiors retailer Design Vintage says it is looking forward to a strong future after completing a restructuring process that protects key stakeholders.

Sofa imports into the U.K. climbed for the second straight month in February as goods trucked in from Poland helped make up for weaker trade with both China and Italy.

Tough trading conditions for the U.K. upholstered furniture industry last year hit the top and bottom lines at Wade Spring, a key supplier to many leading manufacturers in the sector.

But revisions mean earlier declines were not as bad as first reported, new and updated figures from the Office for National Statistics show.

Profits declined from Covid-era highs for seven-store indoor and outdoor furniture, lighting and homeware retailer Holloways of Ludlow last year.

Privately-owned retailer Furniture Village is to expand its footprint with another store in England this summer before embarking on the first of several new stores in Scotland.

Sofa design and manufacturing group TCM Living has appointed PJ Chippendale as its new chief financial officer.

Ultra high-end North Wales furniture manufacturer Silverlining maintained profits last year despite rising costs and flat sales.

French furniture company Roche Bobois is to acquire a majority stake in the company managing its 26-store retail operations in China, one of its most profitable and high potential markets.

Ordorite, the cloud-based retail order management software solution favoured by hundreds of major furniture and bed retailers, has announced a strategic partnership with Shipster, a custom shipping integration platform.

Ecommerce furniture and homeware retailer Laura James returned to profit last year with a seven-figure gain that eliminated all previous accumulated losses.

National bed retailer Bensons for Beds says it plans to open more than 30 stores over the next two years as it looks to return its footprint back to historic levels.

Ecommerce and marketplace retailer FurnitureBox continued its upwards trajectory as it built sales momentum and market share through 2022/23.

Profits fell sharply for the Mobus group last year as the Clarkson Coatings business the upholstery fabrics supplier acquired in 2022 was faced with a series of challenges.

Flooring underlay and accessories supplier Interfloor has formally confirmed a series of board changes including the promotion of its HR director to managing director.

A record 20 people working in the U.K. furniture and furnishing industry were last night admitted as freemen of The Furniture Makers’ Company, the City of London livery company and industry charity.

Robbie Feather has been promoted to group chief executive at The Very Group (TVG), owner of the Very and Littlewoods brands and one of the U.K.'s largest retailers of furniture and beds.

Ownership of Vispring has now yielded north of £100 million in dividend payments for the Spanish beds group that acquired the Devon bed maker back in December 2005.

Officials tasked with setting director pay levels at upholstery market leader DFS have defended a higher-than-average increase for its CEO by citing retention and motivational reasons.

Revenue climbed for the third year straight at beds and bedroom retailer And So To Bed last year though rising costs meant it was reliant on lower director pay to deliver earnings growth.

TradeChoice Carpet & Flooring has expanded its wholesale footprint with the takeover of Nottingham based T & R Floor Covering Distributors.

Bed retailers are being urged to support the National Bed Federation's (NBF) May Be Time for a New Mattress campaign running through May in order to galvanise awareness and demand for replacement products.

The disposal of the longtime East Anglia factory site of a bedding supplier that unexpectedly closed in 2022 leaving large debts owed to creditors has landed the former owners a seven-figure windfall.

The group behind the Där Lighting, David Hunt, and J&M Parker lighting brands became employee-owned last year following an under-the-radar transaction.

Independent retailer Loom Loft Furniture & Interiors has detailed the confirmed timeline for the launch of its new store at Preston Docklands this spring.

Experienced industry executive Rob King has been appointed sales director at Vogue Beds Group, the East Midlands-based beds manufacturer.

Jason Tarry, who stepped down as CEO of Tesco's U.K. and Ireland business last month, will succeed Sharon White as chairman at John Lewis Partnership, parent to John Lewis and Waitrose.

Italian upholstery vertical Natuzzi has cited the U.K. market as pivotal to a plan to accelerate its worldwide strategy evolution from wholesale to retail.

HM Revenue & Customs claims it is owed nearly £10 million in unpaid VAT by a hitherto major bed supplier whose assets were sold in a prepack deal this time last year.

Flooring and furniture retailer Pay Weekly Carpets and Vinyls saw its financial performance impacted by more stringent customer credit checks last year but it expects pay back in the shape of lower future bad debt.

Carpetright is said to be looking to cut costs amid tough trading conditions while one of its larger flooring retail rivals has also taken steps to adjust to challenging demand.

Upmarket kitchen and bedroom furniture maker and retailer John Lewis of Hungerford returned to profit last year thanks to a gain on the disposal of property.

Specialist private equity firm Alteri Investors provided national bed specialist Bensons for Beds with another high seven-figure chunk of debt and equity funding last year.

An investment professional has acquired the trading company behind the historic Julian Charles Home furnishings retail business in a transaction that sees its turnaround backer cede control.

Kayla Wilson has been promoted to marketing director at Furniture Box, one of the U.K.'s largest ecommerce furniture retailers.

Fast growth over the past decade has propelled India into one of the largest worldwide furniture markets, with the trend set to continue this year and next.

Renascent upholstery brand Maker & Son has opened a showroom in Los Angeles, the first of several planned for the U.S. market.

The CEO of RH, the high-end U.S. furniture retailer that launched here with its RH England gallery last year, says ecommerce has been the most surprising aspect of its entry into the U.K. market so far.

International furniture retailer BoConcept has reorganised its senior leadership team including the hire of a senior U.K. jewellery retail executive to a new C-suite role.

Auditors have signed off the 2022/23 accounts of designer furniture, lighting and homeware retailer The Conran's Shop with a qualified opinion.

Home improvement retail chain Homebase has launched its first television advertisement in three years as it looks to elevate its brand profile and boost sales.

Sofa retailer's expansion follows ownership concentration via share buyout.

Quarterly insolvencies across the U.K. furniture, furnishings and floorcoverings sectors have declined for the first time since the end of 2022.

Warwick Fabrics says it has been operating in a sales environment that hasn't been conducive to increasing its selling prices to the furniture industry, which has had an impact on its own profits.

The number of U.K. housing transactions declined for the 15th straight month in February but at the shallowest rate throughout that period.

Cormar Carpet Company has appointed Paul Barratt, a longtime member of the senior leadership team at rival flooring supplier Karndean, as its chief executive officer.

Nobia, the parent company to kitchen retail chain Magnet, plans to further consolidate its U.K. manufacturing assets with its factory in Halifax to be closed and repurposed.

Relyon Beds says major customer wins and new product development have put the bed maker on the path for strong growth this year as it looks to build on progress made through 2022/23.

Profits were close to flat at Cousins Furniture last year as the independent retailer found margin to offset the impact of a softer demand environment.

Flair Rugs bolstered its market position through 2022/23 with double-digit sales and profits growth despite rising administrative costs.

Direct-to-consumer cabinet furniture maker Strachan felt the impact of higher costs and lower demand last year as it slipped to its first loss on public record.

Underlying earnings doubled at the upholstery group behind the Parker Knoll, G Plan, Duresta, Collins and Hayes and Lounge Co brands last year after restructuring work yielded further progress.

Wider gross margin helped negate softer sales in a challenging market at Leeds beds maker Harrison Spinks last year.

National retailer Bensons for Beds has brought all eve mattress production in house as part of the biggest product launch for the brand since its acquisition two years ago.

Premium furniture and interiors retailer RH is to push back the launch of its new gallery in Paris as a result of construction restrictions related to the summer Olympics.

The owners of expanding South West manufacturer Enchanted House Beds have created a new corporate structure to hold their combined business interests.

Logistics company DX Group is expanding its two-person delivery division with the opening of two additional 'supersites', one in the North West and the other in London.

Linley, the ultra high-end furniture maker, retailer and interior design company, says it hopes to cut the cost of its outstanding borrowings with its bank debt almost due to be repaid.

Workers at furniture supplier Kettle's Vietnamese factory have been paid all outstanding wages after an initial delay when the plant was closed earlier this year. The sale of assets in Vietnam is also expected to raise funds for suppliers still owed money.

Freemans Grattan Holdings (FGH), one of the U.K.'s largest retailers of furniture online, has brought in a substantial sum from share capital funding for the second time within the space of five months.

Cormar Carpets, the U.K.'s largest privately-owned carpet manufacturer, has augmented its delivery fleet with an investment in another ten new vehicles.

Ingka Investments, the world's largest IKEA franchisee, has agreed to acquire the remaining 51 percent shares in finance partner Ikano Bank, becoming its outright owner.

The Furniture Makers' Company has joined high-end design and joinery brand Artichoke to organise the third New Makers' Conference, taking place later this spring.

The success of bedroom products sold and shipped by third party vendors has catapulted furniture into one of the best-selling ecommerce categories for B&Q, the retail giant best known for DIY and home improvement.

Furniture wholesaler Qualita is to launch one of Lithuania's largest upholstery producers in the U.K. and Irish markets after agreeing an exclusive distribution agreement.

The CEO of ArrowXL has reassured stakeholders that the appointment of restructuring advisors at its parent company will not impact furniture deliveries or other parts of its operations.

North West England flooring manufacturer Penthouse Carpets says it has a solid base from which to trade through the current market and economic uncertainties after a tougher 2022/23 period.

Sanderson Design Group has signed a collaboration agreement with a major William Morris archive in the U.S. that will result in previously unseen designs by the Arts and Crafts pioneer being brought to a wider audience for the first time.

General merchandise and food retailer Marks & Spencer (M&S) is to cut the number of furniture products it sells, leading to a reduction in hitherto key product categories such as sofas and beds.

Melinda Whittington, who runs the $2.35 billion turnover upholstery conglomerate La-Z-Boy, is to speak at the next Women In Furniture event, which takes place at the Manchester Furniture Show this summer.

A furniture wholesale company with close ties to a Glasgow home furnishings retailer that filed for insolvency last month is among its largest creditors.

Former Steinhoff chief executive Markus Jooste has died, a day after being handed a record fine by regulators following the accounting scandal that led to the break up of the one-time furniture conglomerate.

Furniture retail sales fell for the fifth straight month in February with the Office for National Statics also revising January trade further downwards.

Nearly a dozen members of the leadership team now have skin in the game at Bensons for Beds following changes in the U.K.'s second-largest beds specialist's share structure late last year.

General merchandise giant Next plans to broaden the big-ticket offer of its Made business over the next 12 months as part of a wider plan to reconnect with former brand advocates.

Fashion-to-furnishings retail giant Next has delivered bullish sales and profits guidance after saying it faces headwinds that are not nearly as strong as at anytime in the past seven years.

Expanding furniture retailer NCF Living will next week launch its first-ever television advertising campaign ahead of it embarking on further store growth.

Duxiana, a premium-pitched Swedish bed manufacturer operating own-brand stores and supplying third-party distributors across Europe, is opening its second brand store in the U.K.

Demand declined from record highs for upholstery vertical Saxon Furniture last year ahead of the sofa maker and retailer expanding its geographic reach and investing in new product development.

Profits declined but remained class-leading for kitchen and housewares supplier Joseph Joseph last year.

Lower closing stock and property disposal boosted cash to near seven-figure levels at large North East Lincolnshire retailer Lees Furnishers through 2022/23.

The U.K.'s largest home and garden retailer is cutting the price of several of its most famous flatpack cabinet lines as a result of its own cost pressures easing.

Consumer furniture prices declined at their fastest rate since the aftermath of the Brexit vote in February as deflation in the category took hold with retailers dusting off red sale tickets to stimulate demand.

Customers of high-end ecommerce furniture retailer LuxDeco, which was placed into administration last Friday, face a further wait while restructuring advisors "assess whether a rescue of the company is feasible."

Upholstery retailer Sofology booked a slightly shallower half-year revenue decline than its larger sister brand DFS, but was unable to match its market share gains.

Beds and furniture retailer Barnes of Ipswich, better known as The Bed Factory, is to call time on nearly 100 years of trading next month after announcing its planned permanent closure.

Newbury department store retailer Camp Hopson is preparing to launch a new store in the former Wilko unit that closed last year, having used it for furniture clearance in the interim period.

Upholstery market leader DFS says full year profits will be up to £19 million lower than previously forecast after it said market order volumes had fallen to record low levels.

Fairway Furniture, one of the largest and most storied independent retailers in southern England, is planning the complete refurbishment of its largest store.

Ashley Home has acquired Resident, owner of Nectar Sleep, the direct-to-consumer and wholesale mattress brand with a multi-million pound U.K. business.

The former Recticel-owned East Midlands business that pours foam used to make fillings for beds and mattresses has formalised its corporate name change.

Oak Furnitureland will this weekend open its first new store in three years as it brings the brand to Grimsby for the first time. It is also trialling a new, lower threshold for its interest free credit (IFC) proposition.

Sanderson Design Group (SDG) is to move its headquarters 13 miles east to a smaller West London building that has historic resonance and reduces its requirement for external showroom space.

Restructuring advisors have been called in at LuxDeco, the under-pressure ecommerce furniture and homeware retail platform that has received millions of pounds of investor funding.

RH, the high-end furniture retailer formerly known as Restoration Hardware, is to open its fourth full-line gallery in Europe and its fifth overall including its Essex outlet store.

A one-time £18 million turnover Scottish fitted furniture company based in Cumbernauld has succumbed to grim trading conditions and a tough demand environment.

Cabinet imports into the U.K. declined in January on the back of continued weak figures in the living/dining product segment. Kitchen shipments also fell, while bedroom and home office furniture arrivals were higher.

EBITDA declined by a third at historic Cheshire retailer Arighi Bianchi last year as revenue dipped from the four-year high achieved in the prior period.

Kent bed manufacturer Sleepeezee has provided an all-new uniform to its employees as part a continuing commemorations of its 100-year anniversary.

National retailer Bensons for Beds says it traded positively at the EBITDA line through 2022/23 after an expanded store footprint and self-help measures contributed to an improved performance.

The U.K. has more storied furniture retailers than any other consumer product category with one in every 20 companies dating back more than three decades.

The quantity of mattresses imported into the U.K. climbed for the ninth straight month as January saw a double-digit rise in volumes arriving into the country.

Cabinet furniture supplier Devonshire returned to positive cashflow last year as it cut costs and worked down stock levels amid falling output.

All flooring product categories declined as imports into the U.K. in January fell mid single-digits, but carpets outperformed both vinyl and parquet.

Nascent furniture retailer Aamad has taken a circa 30,000sqft former Wilko unit as the first of more than a dozen new stores it hopes to open this year.

Department store and supermarket business John Lewis Partnership has returned to profit after improvement at Waitrose mitigated weaker figures from its flagship John Lewis brand.

The rescuer of Harvey Jones paid £400,000 to acquire the business and assets of the 27-store kitchens vertical in a deal that compromises the debts of both secured and unsecured creditors.

Upholstered furniture imports trended mid single digits higher in January on the back of growth with all three of the U.K.'s major trading partners. Volumes climbed at an even faster rate.

Upholstered furniture giant Man Wah Holdings, the largest recliner manufacturer in the world, has further incentivised hundreds of employees with the launch of a share option programme.

U.K. furniture manufacturers' output declined for the third straight time in January, but the rate of decline was shallower than in each of the two preceding months.

Flooring conglomerate Victoria says it has begun deploying cash from the sale of non-core and surplus assets to buy back shares and repay debt.

National retailer Fabb Furniture will open its 22nd store this week as it expands its presence in the East Midlands.

The U.K. beds market declined but still outperformed all of the upholstery, cabinet and carpet markets last year according to provisional 2023 data that combines production for domestic consumption with goods brought in from abroad.

Upholstered furniture vertical Arlo & Jacob will take store numbers into double figures this year after announcing it has two new stores in the near-term pipeline.

Barker and Stonehouse is to trial the use of a prototype hydrogen-powered delivery vehicle as it looks to remain at the vanguard of sustainable furniture retailing.

Bolia, the pan-European furniture retailer that has traded online in the U.K. since 2016, has rebranded to reflect the evolution of its sales channels since its original launch nearly a quarter of a century ago.

Furniture repair company becomes corporate member at The Furniture Makers', while Dunelm hires non-exec to new exec role as customer director.

Upholstery and furnishings group Belfield has announced the receipt of a £7.5 million investment from its two principal stakeholders: NorthEdge Capital and Virgin Money.

The Office for National Statistics (ONS) will no longer include sofabeds in the basket of goods used to calculate furniture retail price inflation every month.

Clicks-to-bricks beds retailer Mattress Online will later this month open its fourth store and its third in its South Yorkshire heartland.

The Conran Shop has entered the Middle East market after the design retailer opened its previously-signposted debut store in Kuwait in collaboration with Al-Dhow, its local partner.

The Department for Business and Trade (DBT) will set out export opportunities for the furniture industry at the inaugural Furniture Component Expo, the BFM-organised trade show launching in Telford next month.

Happy Beds, one of the U.K.'s largest ecommerce beds retailers, continued to book strong profits last year but gains receded from the Covid-era highs of nearly £2 million.

Customers of a bust retailer hoping to get their money back under a deposit protection scheme operated by The Carpet Foundation (CF) are to be disappointed after the trade body said it would not be honouring the affected orders.

The owners of made-to-measure cabinet maker Longpre Furniture have secured the future of the manufacturing business via a prepack administration process.

Katie Bickerstaffe, co-CEO of general merchandise and food retailer Marks and Spencer (M&S), is to step down from the role this summer.

Flooring conglomerate Belysse Group has promoted James Neuling to chief executive officer, succeeding Cyrille Ragoucy, who is to become chairman and board advisor.

The number of U.K. housing transactions, a bellwether for future big-ticket demand, fell again in January, but offered a glimmer of hope to furniture and floorcoverings retailers.

Lee Longlands booked higher adjusted profits on increased sales last year in a period when the independent furniture retailer also yielded a multi-million pound return on the sale of freehold land.



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