- Details
- RETAIL & DISTRIBUTION
North West home department store retailer Housing Units achieved a double-digit net margin as sales jumped by well over a third to record levels in the year to March 27, 2022.
- Details
- UPHOLSTERY
Southern Italian sofa conglomerate Natuzzi has bolstered its senior leadership team with three new hires, including two who join from luxury brands Versace and Louis Vuitton.
- Details
- FLOORCOVERINGS
The U.K. arm of Belgian carpet maker Associated Weavers (AW) will look to make faster deliveries to customers here once a new warehousing facility opens early next year.
- Details
- UPHOLSTERY
Natuzzi achieved high single-digit revenue growth in the second quarter but it could have delivered much more but for the enforced closure of its plant in Shanghai as the Chinese Government tried to keep a lid on Covid infections.
- Details
- RETAIL & DISTRIBUTION
Major independent furniture retailer Fishpools booked seven-figure profits and bolstered cash reserves in a year of record volumes for the Waltham Cross company.
- Details
- SUPPLY & WHOLESALE
Britain's sofa and mattress makers are being landed with a new wave of price increases from across the upstream supply chain according to correspondence seen by The Furnishing Report. Some suppliers are also on allocation.
- Details
- RETAIL & DISTRIBUTION
Furniture retailer Made.com Group (Made) saw its gross margin slide sharply in the first half as it slashed prices to shift excess inventory.
- Details
- BEDS & MATTRESSES
More than 50 jobs have been lost after a privately-owned mattress manufacturer folded earlier this month leaving debts of a little over £2 million.
- Details
- RETAIL & DISTRIBUTION
Frasers Group, owner of Sofa.com and House of Fraser among myriad retail interests, has enlisted architects to draw up plans for a new global headquarters campus in Warwickshire.
- Details
- RETAIL & DISTRIBUTION
General merchandise retailer Next has fleshed out the details of its investment in ecommerce furniture retailer Swoon for the first time — four months after the bones of the deal were first disclosed.
- Details
- BEDS & MATTRESSES
Private equity backed foam supplier Vita Group has revealed it invested tens of millions of pounds acquiring mattress maker Usleep from the Belfield Group last year.
- Details
- UPHOLSTERY
New borrowing and operating cashflow helped the privately-owned Whitemeadow group fund heavy capital expenditure last year as the East Midlands upholstery manufacturer invested in production.
- Details
- DEALS & FINANCE
A U.S. advisory firm has been hired to find a third-party buyer for Recticel's comfort foam operations in the U.K. in a move designed to end an antitrust probe.
- Details
- BEDS & MATTRESSES
The sales director of Recticel's comfort foam business in the U.K. has left the business to head up the bedding division of one of its major rivals.
- Details
- RETAIL & DISTRIBUTION
Home furnishings retailer IKEA is partnering Tesco, the supermarket chain, to expand its collect-and-collect service for customers.
- Details
- DEALS & FINANCE
The owner of one of the U.K.'s most prominent rugs businesses has agreed a deal with restructuring advisors to acquire rival rug brand Woven after the company behind the etailer was placed into administration earlier this week.
- Details
- UPHOLSTERY
Expanding upholstery retailer Sofas & Stuff is to launch its third new store this year and its first in Surrey.
- Details
- DEALS & FINANCE
A garden furniture and outdoor products retailer sold to the owner of the company behind bed seller Yark Beds was over-stocked at the wrong time of year because of shipping delays, administrators have said. Its problems prompted an insolvent sale earlier this month.
- Details
- FLOORCOVERINGS
The group behind the contract floorcoverings brands Heckmondwike Carpets and Paragon Carpet Tiles bolstered its balance sheet after a year in which profits climbed on wider margins and higher sales.
- Details
- FLOORCOVERINGS
U.K. arm of Scandinavian hardwood floorcoverings manufacturer expects low growth amid uncertainty from the global recovery from the pandemic.
- Details
- RETAIL & DISTRIBUTION
Fresh equity investment has taken the total pumped into The Conran Shop, the U.K. and international designer furniture and lifestyle retailer, to beyond £10 million in a little over a year.
- Details
- RETAIL & DISTRIBUTION
Town planners last week gave the green light to previously-signposted proposals that will transform the landmark Heal's furniture store on Tottenham Court Road in central London.
- Details
- RETAIL & DISTRIBUTION
Northern Ireland department store and beds retailer S.D. Kells says it expects the trading conditions caused by the inflationary backdrop may adversely affect its results through 2022/23, but it is well positioned to cope after a strong year.
- Details
- RETAIL & DISTRIBUTION
Five-store specialist retailer operates carpet and bed shops across Dorset and Hampshire.
- Details
- RETAIL & DISTRIBUTION
Danish furniture and homewares retailer JYSK will this week open a new store as it expands its retail footprint in an existing U.K. stronghold for the company.
- Details
- RETAIL & DISTRIBUTION
The buildout of Feather & Black's physical retail footprint took another step last week with the upmarket beds and bedroom furniture brand adding its fourth new store in 2022 so far.
- Details
- FLOORCOVERINGS
High U.K. demand post lockdown super-charged a return to profit for luxury vinyl tile (LVT) supplier Amtico as the Coventry company closed in on a decade under the ownership of U.S. flooring giant Mannington Mills.
- Details
- FLOORCOVERINGS
Likewise Group, the challenger flooring distributor that has been buying up companies and building infrastructure to take on larger rivals, says demand has continued to be strong through late summer and into the autumn.
- Details
- RETAIL & DISTRIBUTION
Signposting the probable sale of the company heralded more sell-offs of Made.com's shares on Friday as it closed the week at a new all-time low.
- Details
- RETAIL & DISTRIBUTION
Upholstery and beds vertical HSL repaid a £4 million bank loan two years ahead of time as it generated cash and traded strongly through the rump of the pandemic.
- Details
- RETAIL & DISTRIBUTION
Furniture and lighting retailer Made.com Group (Made) has withdrawn its full year guidance and formally launched a strategic review that could lead to a sale of the business or its assets.
- Details
- ECOMMERCE
The addition of a large West Midlands warehouse late last year represents the early phase of a major financial commitment to the U.K. over the next decade for multi-brand furniture wholesale and retail group Ziel.
- Details
- UPHOLSTERY
Upholstery and flooring retailer ScS has named John Walden as the successor to non-executive chair Alan Smith, who will retire in just over a year from now.
- Details
- RETAIL & DISTRIBUTION
U.K. consumer confidence fell to an all-time low this month though the measure monitoring big-ticket spend intention remained unchanged.
- Details
- SUPPLY & WHOLESALE
Platt & Hill, a supplier of foam and fibre fillings products to the beds and upholstery manufacturing sectors, slipped to a loss last year as higher costs outweighed the benefit of increased output.
- Details
- UPHOLSTERY
Sofa manufacturing group TCM Living has recruited two well-known furniture industry executives to fill senior managerial posts at its Ashley Manor Upholstery and Alexander & James business units.
- Details
- FLOORCOVERINGS
Privately-owned South East England floorcoverings wholesaler STS booked higher profits last year on wider gross margin and rising sales.
- Details
- RETAIL & DISTRIBUTION
Retained profits at a Scottish fitted furniture vertical were wiped out last year as the company battled an outsized impact from Covid restrictions that impacted its business model.
- Details
- FLOORCOVERINGS
Balta Group will soon be no more. The Belgian flooring conglomerate is changing its corporate name to Belysse Group with the switch to be approved at an Extraordinary General Meeting next month.
- Details
- RETAIL & DISTRIBUTION
West Elm, the U.S. mid-century modern furniture retailer with a circa £30 million U.K. presence, has begun a search for a new president after current incumbent Alex Bellos announced his departure.
- Details
- UPHOLSTERY
Profits declined at sofa maker Lebus Upholstery last year as the Lincolnshire manufacturer grappled higher labour and raw materials costs in the year of its sale to employees.
- Details
- BEDS & MATTRESSES
The National Bed Federation (NBF) named the winners of its 2022 Bed Industry Awards on Tuesday night with both Dreams and Glasswells two-time winners among 11 awards handed out in all.
- Details
- DEALS & FINANCE
The owner of the company behind the Yark Beds online beds business has acquired an outdoor products and garden furniture ecommerce website following an insolvent buyout.
- Details
- RETAIL & DISTRIBUTION
Soft furnishings retail chain Julian Charles Home followed through on its vow to return to profit through 2021/22 as it continued to bounce back under its new owner.
- Details
- BEDS & MATTRESSES
A complaint to the U.K. advertising watchdog by German mattress company Emma has resulted in a rebuke for rival Simba Sleep regarding a price promotion it ran on its website.
- Details
- BEDS & MATTRESSES
Direct-to-consumer mattress and sleep ancillary products brand Eve Sleep says it will take the appropriate steps to preserve value for creditors if further funding or a firm offer to buy the business is not received soon.
- Details
- ECOMMERCE
French furniture and home accents retailer Maisons du Monde has collected the first dividends from its U.K. ecommerce operation since it launched here six years ago.
- Details
- RETAIL & DISTRIBUTION
Furniture, fashion and lifestyle retailer Oliver Bonas deleveraged last year after it generated almost £12 million of operating cashflow during a record trading period.
- Details
- DEALS & FINANCE
The largest shareholder in publicly-listed U.S. mattress and bedding company Purple Innovation wants to buy the business outright in a deal that would value it at $362 million (£317m).
- Details
- LEGAL & RESTRUCTURING
Business that formerly ran wall art and picture frames ecommerce enterprise lines up Quantuma officials as potential restructuring advisors.
- Details
- UPHOLSTERY
London based upholstery retailer The Sofa & Chair Co has seen its liabilities slashed after HM Revenue & Customs backed a company voluntary arrangement (CVA) that sees millions of pounds of debt compromised.
- Details
- RETAIL & DISTRIBUTION
Home merchandise sales declined for department store chain John Lewis & Partners in the six months to end July as pandemic demand trends began to unwind.
- Details
- RETAIL & DISTRIBUTION
Furniture and lighting retail sales declined by more than £37 million year-on-year in August as price inflation failed to keep the value of sales positive in the category.
- Details
- RETAIL & DISTRIBUTION
Furniture, lighting and home accents retailer Made.com Group (Made) plumbed new depths on Thursday as the market capitalisation of the business fell to below £25 million for the first time.
- Details
- BEDS & MATTRESSES
A share buyback concentrated the ownership structure of the North Wales manufacturing and retail group behind the Adjustamatic beds and upholstery brand last year.
- Details
- RETAIL & DISTRIBUTION
Gross margin narrowed across the DFS group through 2021/22 with rising costs and supply chain disruption countering a sharp rise in deliveries as the upholstery market leader unwound its large order bank.
- Details
- RETAIL & DISTRIBUTION
The addition of seven new stores helped upholstery retailer Sofology find revenue growth in the year to end June though the expansion of its retail footprint will slow in the new financial year.
- Details
- CASE GOODS
Higher prices weren't enough to keep the value of cabinet furniture imports positive in July as year-on-year shipments fell for the first time in 2022 so far.
- Details
- RETAIL & DISTRIBUTION
Almost £1 in every £50 spent on furniture in the U.K. goes into the coffers of Dunelm Group, the expansionist homewares retailer claimed on Wednesday as it revealed new plans to grow in the category.
- Details
- FLOORCOVERINGS
The value of carpet and smooth floorcoverings manufacturer and distributor Victoria has moved erratically in the past few days, rising by more than £100 million before a steep decline.
- Details
- RETAIL & DISTRIBUTION
High-profile furniture industry executive Suzy McMahon is leaving Sofology to take up a newly-created role at Oak Furnitureland, the U.K.'s largest hardwood furniture retailer.
- Details
- UPHOLSTERY
Adriana, the central European upholstered furniture maker and DFS supplier, upped its stake in the U.K. sofa chain on Monday, following up on its initial disclosure last week.
- Details
- BEDS & MATTRESSES
Nine straight months of value growth mean foam and sprung mattress imports have broken through the £100 million barrier at an all-time earliest point in the year.
- Details
- LEGAL & RESTRUCTURING
A Hertfordshire auction house that cleared stock for major furniture retailers among a varied customer base was formally placed into administration on Monday after it had earlier ceased trading.
- Details
- INTERNATIONAL
Double-digit U.K. margin and strong sales growth here helped French furniture brand Roche Bobois deliver higher profits in the first six months of 2022.
- Details
- UPHOLSTERY
The value of sofa imports climbed for a 19th straight month in July despite continued poor data from the U.K.'s largest trading partner in the category.
- Details
- RETAIL & DISTRIBUTION
Many furniture and floorcoverings retailers have already confirmed plans to close their doors on the day of The Queen's funeral, while trade show Long Point will now be a two rather than three day event.
- Details
- RETAIL & DISTRIBUTION
Revenue bounced to beyond pre-Covid levels for off-price furniture and homeware retail chain Homesense through 2021/22 despite continued lockdown disruption and no ecommerce channel.
- Details
- UPHOLSTERY
Upholstery retailer Sofas & Stuff will open its 22nd showroom with the launch of a new unit in Leamington Spa, Warwickshire this weekend.
- Details
- FLOORCOVERINGS
The quantity of carpets imported into the U.K. fell for a sixth straight month in July as strong data from the Netherlands was outweighed by weaker figures from Belgium and Turkey.
- Details
- RETAIL & DISTRIBUTION
Steve Johnson, a non-executive director at DFS since the end of 2018, is to succeed Ian Durant as chair of the U.K.'s largest upholstered furniture retailer.
- Details
- UPHOLSTERY
The Cath Kidston brand has entered the furniture market with a programme of upholstery and beds being sold exclusively by sofa market leader DFS.
- Details
- REGIONAL
Award-winning independent retailer Surrey Beds has closed following a planned shutdown on the expiry of its lease. Its owner cited the prospect of rising costs as a disincentive to continue.
- Details
- TRADE & INDUSTRY
Furniture makers' output remained positive on a year-on-year basis during the height of the summer though growth was the weakest since lapping the start of the pandemic.
- Details
- UPHOLSTERY
Shares in DFS climbed to their highest level in nearly four weeks as the U.K.'s largest upholstered furniture retailer reacted to Polish sofa maker Adriana acquiring shares in the business.
- Details
- COMMUNITY
Leading companies and institutions across Britain's furniture and floorcoverings industries have responded quickly in paying tribute to Queen Elizabeth II following her death on Thursday.
- Details
- RETAIL & DISTRIBUTION
RH, the high-end U.S. furniture and furnishings retailer formerly known as Restoration Hardware, has pushed the launch of its debut U.K. gallery into next year.
- Details
- FLOORCOVERINGS
Cavalier Carpets, one of the U.K.'s largest privately-owned flooring manufacturers and distributors, reinvested profits as the company bounced back strongly from the impact of the pandemic.
- Details
- RETAIL & DISTRIBUTION
Furniture and home goods ecommerce platform Wayfair is preparing a new bond offering with a plan to use some of the proceeds to refinance existing borrowings.
- Details
- EVENTS
Maison Shanghai 2022 and China International Furniture Expo, better known as Furniture China, have been postponed, a little over two weeks before they were scheduled to open.
- Details
- UPHOLSTERY
The sofa group behind the Ashley Manor and Alexander & James brands is preparing for the planned departure of group creative director Scott Coggan, one of the highest-profile designers in the upholstery sector.
- Details
- DEALS & FINANCE
A sharp fall in sales and a switch away from a third-party logistics provider proved damaging to a kids furniture retailer that had been backed by the same financiers who supported erstwhile furniture retailer Lombok.
- Details
- RETAIL & DISTRIBUTION
Cost cuts and better buying boosted margin as one of the largest department store retailers in the South West of England returned to profit through 2021/22.
- Details
- SUPPLY & WHOLESALE
Headlam Group's search for a new chief financial officer has entered its seventh month after a prime candidate for the position decided at the last-minute to withdraw.
- Details
- RETAIL & DISTRIBUTION
A Yorkshire beds retailer with a large ecommerce operation has added live video chat and appointments to its offer, improving options for online customers based far from its showroom.
- Details
- DEALS & FINANCE
Major U.S. furniture vertical Bassett Furniture Industries has acquired Noa Home, the Canadian ecommerce upholstery and mattress vendor with operations in four markets including the U.K.
- Details
- ECOMMERCE
A North West ecommerce home goods retailer with ownership ties to the supply sector added turnover, profits and employee headcount in a breakout period, its first public-record accounts show.
- Details
- RETAIL & DISTRIBUTION
Embattled furniture and homewares retailer Made.com Group (Made) has launched a new marketing campaign designed to set itself apart from competitors and galvanise sales.
- Details
- BEDS & MATTRESSES
Carpe Diem Beds, the Hilding Anders-owned Swedish bed brand, is expanding into the U.K. wholesale market as part of plans to increase its footprint in the British retail sector.
- Details
- RETAIL & DISTRIBUTION
ScS says the new Ideal Home upholstery collections that first aired at its new-concept Coventry store earlier this summer (see related) will be rolled out across all of its U.K. stores and online.
- Details
- BEDS & MATTRESSES
Half-year revenue was close to flat in Europe for the bedding giant behind the Mlily brand as global growth slowed after a double-digit uplift in the first quarter.
- Details
- BEDS & MATTRESSES
The circa £40 million retail business behind the Beds.co.uk ecommerce website is exploring diversifying into other home products beyond the bedroom.
- Details
- SUPPLY & WHOLESALE
An insurance claim and wider gross margin helped profits climb at flooring wholesale group Headlam in the first half of the year despite an already-signposted decline in revenue.
- Details
- SUPPLY & WHOLESALE
Northern Ireland based furniture wholesaler Annaghmore Agencies recovered some of the revenue lost to the pandemic last year in a period that saw it build its inventory position.
- Details
- SUPPLY & WHOLESALE
An Italian design company based on the banks of Lake Maggiore enjoyed its strongest year in the U.K. in almost a decade as home sales surged in the aftermath of lockdown.
- Details
- UPHOLSTERY
Sofa Brands International, parent to many of the largest upholstery brands in the U.K., is undergoing a restructuring process that has resulted in the departure of a number of senior executives, and other officials being handed new roles.
- Details
- SUPPLY & WHOLESALE
The restructuring advisors handling the insolvency of Nottinghamshire furniture importer Mark Webster and its parent company have said operations have now ceased following their appointment last month.
- Details
- RETAIL & DISTRIBUTION
Modern furniture franchise BoConcept recorded highest-ever sales and EBITDA in the year to end April and said its strong order book puts it in a position to find further growth this year.
- Details
- RETAIL & DISTRIBUTION
Sofa and flooring chain ScS opened the third of its new-format retail stores this weekend with a revamped unit in South Lanarkshire.
- Details
- BEDS & MATTRESSES
Higher prices saw the U.K. arm of Recticel achieve its widest gross margin in four years on the way to booking record sales and profits in 2021.
- Details
- RETAIL & DISTRIBUTION
One of Furniture Village's seniormost executives has been recast in a new role as part of a reshaping of the board at the U.K.'s largest management-owned furniture retailer.
- Details
- UPHOLSTERY
Upholstered furniture maker and retailer Arlo & Jacob is shifting its headquarters to the East Midlands in a move that will result in the closure of its former base in West London.
- Details
- SUPPLY & WHOLESALE
An auction house that has cleared stock for some of the biggest names in the furniture industry has ceased trading and signalled its intent to appoint administrators.
- Details
- REGIONAL
A three-store sofa retailer with branches across the East Midlands has deleveraged its business after paying down long term debt during a profitable year to April 30, 2022.
- Details
- RETAIL & DISTRIBUTION
Three of the biggest retail brands in the country have announced multi-million pound investments in prices across furniture and home categories as they look to stimulate demand amid rising living costs for customers.
- Details
- RETAIL & DISTRIBUTION
The imminent U.K. arrival of RH, the luxury furniture retailer formerly known as Restoration Hardware, will be supported by the launch of a clearance store at one of the industry's most popular destinations.
- Details
- RETAIL & DISTRIBUTION
Glasswells is expanding the capacity of its third party storage arm as the privately-owned company builds on continuing investment across its home furnishings retail activities.
- Details
- BEDS & MATTRESSES
Mattress distributor DBC International has signed a partnership deal with Adova that sees it become the exclusive distributor of Simmons' Generation and Beautyrest collections in the Netherlands and Flanders.
- Details
- FLOORCOVERINGS
Higher prices helped Belgian carpet maker Associated Weavers (AW) achieve double-digit sales growth in the U.K. last year, though it sold fewer square metres of product in the process.
- Details
- RETAIL & DISTRIBUTION
Home goods giant IKEA is expanding the rollout of its London-centric click-and-collect service after a pilot programme earlier this year.
- Details
- RETAIL & DISTRIBUTION
Freemans and Grattan, major vendors of home merchandise and two of the largest mail order shopping brands in the country, say customers' spending focus has shifted from furniture to fashion as pandemic trends unwind.
- Details
- RETAIL & DISTRIBUTION
A fast-emerging ecommerce furniture retailer and wholesaler booked large seven figure profits through the pandemic and ahead of external investment earlier this year.
- Details
- SUPPLY & WHOLESALE
The probability that three major foamers will continue to serve the U.K. mattress and upholstery markets has increased after Carpenter and Recticel conceded the planned takeover of the latter's engineered foam unit would lessen competition.
- Details
- RETAIL & DISTRIBUTION
A Chicago-area investment firm has doubled its position in ScS, the U.K.'s number two upholstered furniture retailer.
- Details
- RETAIL & DISTRIBUTION
Home and lifestyle retailer The White Company is to build on the introduction of a new format 'curated store' concept earlier this spring with the addition of a second unit.
- Details
- FLOORCOVERINGS
Narrower gross margin contributed to profits falling at the Karndean flooring group last year despite revenue jumping by the equivalent of about £74 million.
- Details
- BEDS & MATTRESSES
Profits reached their highest level in five years for the East of England manufacturing group behind brands such as The Old English Bed Company and Mattison Contract Beds in 2021/22.
- Details
- UPHOLSTERY
Second quarter profits declined at Stressless and IMG brand owner Ekornes as higher prices and increased deliveries could only partially mitigate against rising costs.
- Details
- RETAIL & DISTRIBUTION
A dedicated ecommerce site and new space inside Sterling stores will help BoConcept near double output in Scotland through 2023, the Danish brand's franchisee has told a national newspaper.
- Details
- UPHOLSTERY
One of the world's most famous furniture and product designers has lent his creative skills to a new sofa model launching in the U.K. this week.
- Details
- UPHOLSTERY
The Shanghai-listed upholstery group behind brands spanning Kuka and Rolf Benz among others shrugged off the impact of local Covid measures to find top and bottom line growth in the first half of 2022.
- Details
- RETAIL & DISTRIBUTION
Discount variety retailer The Original Factory Shop cut borrowing by more than half in a year where adjusted profits trebled and it added a net 14 stores to its national estate.
- Details
- UPHOLSTERY
Refund requests outstripped sales revenue on some days during the worst of the supply chain crisis according to administrators handling the fallout from a once prominent ecommerce upholstery business.
- Details
- BEDS & MATTRESSES
Recticel says the disposal of the business unit taking in its comfort foam activities serving U.K. mattress, sofa and direct-to-consumer brands will be delayed, possibly until the first quarter of 2023.
- Details
- BEDS & MATTRESSES
National retailer Furniture Village has introduced The Yorkshire Collection, a programme of nine mattresses and seven divan bases from Leeds bed maker Harrison Spinks.
- Details
- TRADE & INDUSTRY
The first Covid lockdown heralded a mass launch of new enterprises across U.K. furniture and flooring production, wholesale and retail. More than 2,600 of those companies have already folded.
- Details
- BEDS & MATTRESSES
National retailer Bensons for Beds has launched its first collection of high-end mattresses from bed maker Hypnos as it looks to broaden its offer for higher-spending customers.
- Details
- SUPPLY & WHOLESALE
Cabinet and upholstered furniture maker Ben Whistler returned to profit last year after the bottom line took a hit through the first period of Covid.
- Details
- RETAIL & DISTRIBUTION
The CEO of the group behind modern furniture and home décor retailer West Elm said cutting lead times is a focus as the brand continued to gain traction in its second quarter.
- Details
- FLOORCOVERINGS
Airea, the parent company to contract floorcoverings brand Burmatex, has hired experienced home goods retail official Mederic Payne as its chief executive officer.
- Details
- UPHOLSTERY
Rising prices and increases in the value of both domestic production and imports helped the U.K. sofa market reach an all-time highest value last year, beating the previous record set in 2016.
- Details
- SUPPLY & WHOLESALE
Cabinet and upholstery importer Mark Webster Designs and its parent company Mark Webster Holdings were both formally placed into administration earlier this week.
- Details
- FLOORCOVERINGS
Volumes climbed sharply among tufted carpet manufacturers last year while production of woven carpets was flat despite lapping restrictions from the previous year.
- Details
- RETAIL & DISTRIBUTION
More than 50 global furniture equities spanning market leaders in the U.K. and China saw the value of their shares fall on Tuesday on a grim day for the home furnishings industry.
- Details
- RETAIL & DISTRIBUTION
A major Far East retail corporation operating IKEA stores in selected countries across the region found top and bottom line growth in the six months to end June.
- Details
- RETAIL & DISTRIBUTION
Sales and profits climbed last year for a West Yorkshire flatpack furniture enterprise that sells through third parties such as Very and Amazon as well as via a sister ecommerce business.
- Details
- RETAIL & DISTRIBUTION
High-end upholstered furniture brand opens latest showroom.
- Details
- SUPPLY & WHOLESALE
The Competition and Markets Authority (CMA) has named the officials who will make up the inquiry group looking into the takeover of Recticel's Engineered Foam unit by Carpenter.
- Details
- SUPPLY & WHOLESALE
Furniture exports climbed in the three months to end June on the back of strong growth from the two largest buyers of U.K.-made goods.
- Details
- ECOMMERCE
A second six-figure equity issue inside four months has elevated the paper value of a prominent U.K. furniture search website.
- Details
- ECOMMERCE
Ecommerce-led case goods retailer Top Furniture followed a breakout trading period through the pandemic with further gains in 2021/22.
- Details
- ECOMMERCE
Ecommerce home goods giant Wayfair is to lay off 870 people across its global operation as it adjusts its investment priorities amid a weaker trading environment.
- Details
- RETAIL & DISTRIBUTION
Gwyn Burr has told Made.com (Made) she intends to step down from the board of the company with immediate effect to give more focus to her other professional commitments.
- Details
- DEALS & FINANCE
A North West supplier of new, clearance and overstocked furniture online is trading through a different company under common control following a group restructure.
- Details
- RETAIL & DISTRIBUTION
Upholstered furniture and floorcoverings retailer ScS has relaunched its Gateshead store in the North East as part of a plan to roll out new concept showrooms with a series of technological and visual enhancements.
- Details
- SUPPLY & WHOLESALE
Privately-owned furniture importer and distributor Mark Webster Designs and its parent company Mark Webster Holdings have each filed a notice of intent (NOI) to appoint administrators.
- Details
- DEALS & FINANCE
The group behind the Oak Tree Mobility and Middletons brands bolstered its manufacturing capability with an under-the-radar acquisition of a motion furniture maker last year.
- Details
- RETAIL & DISTRIBUTION
Volumes were lower for the fourth month in a row for furniture and lighting retailers in July amid worsening confidence among consumers for high value items.
- Details
- EVENTS
IMM, the international furniture fair historically held annually in January, will return after a three-and-a-half year hiatus with a one-off dateline in June next year, organisers have decided.
- Details
- SUPPLY & WHOLESALE
Chief financial officer promoted at £180 million ready-to-assemble furniture manufacturing conglomerate.
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