- Details
- NEWS
Follows House of Fraser agreeing CVA.
- Details
- NEWS
Italian designer furniture group Poltrona Frau has boosted the book value of its UK arm following a multi-million pound debt for equity swap.
- Details
- NEWS
Steinhoff International Holdings has restated nearly €11 billion of equity as the furniture and general merchandise conglomerate reconciles historic accounting irregularities.
- Details
- NEWS
Contract furniture and interiors fitout group Havelock Europa has filed a notice of intention to appoint administrators. It follows the business suspending its shares earlier this week.
- Details
- NEWS
Italian upholstery giant Natuzzi expects to open four more Natuzzi Italia showrooms on UK retail parks before the end of 2018, starting with a new unit in Berkshire.
- Details
- NEWS
New Natuzzi Editions gallery at Ponsford, Sheffield
Natuzzi has agreed a white-label upholstery deal with one of the UK's largest general retailers as well as expanding distribution through 25 new galleries in independent stockists.
- Details
- NEWS
A second straight month of consumer confidence decline for major purchases in June
Consumer confidence slipped in June with the measure taking in big-ticket furniture spend intentions falling for a second straight month.
- Details
- NEWS
Homebase will cut jobs at its Buckinghamshire head office and is considering shedding up to a third of its retail store portfolio.
- Details
- NEWS
Retailer closes doors for the final time.
- Details
- NEWS
18-store retailer Feather & Black has a new md
Beds and bedroom furniture retailer Feather & Black has appointed its first permanent md since Hilding Anders acquired the company at the turn of the year.
- Details
- NEWS
Matalan Direct was closed last summer, with home goods now sold via the retailer's core business.
- Details
- NEWS
The likelihood Steinhoff International Holdings will flesh out the bones of its restructuring plan alongside the release of interim results have lessened after it asked for more time for talks.
- Details
- NEWS
Department store retailer John Lewis says differentiation is key to its future success after it laid out plans to put house brands ahead of those of third-parties.
- Details
- NEWS
Retailer proposes closure of one in every seven stores
Discount department store chain The Original Factory will cut costs and reduce store numbers if it can get creditors to support a Company Voluntary Arrangement (CVA).
- Details
- NEWS
Creditors of contract furniture and interiors fitout group Havelock Europa face an anxious wait after the company today announced it was suspending its shares.
- Details
- NEWS
One of two new showrooms planned for summer/autumn as retailer continues to build out portfolio.
- Details
- NEWS
Next began producing sofas in Yorkshire in 2016
Starting up and building a sofa making business unit has seen fashion-to-furniture retailer Next invest millions, new accounts show.
- Details
- NEWS
Offer-driven upholstery orders have risen more than a third
A bump in orders driven by upholstery special buys will reverse the recent negative home sales trend, says department store chain John Lewis.
- Details
- NEWS
Luxury interior furnishings group Walker Greenbank will today deliver a bullish statement to shareholders, saying UK demand is picking up after early year falls.
- Details
- NEWS
Five more companies announced for July 15–17 exhibition in all.
- Details
- NEWS
Writedowns and restructuring impacted Carpetright's 2017–18 results
Carpetright has posted an eight-figure net loss as it wrote down the value of assets and wrestled with restructuring challenges.
- Details
- NEWS
Carpetright is adopting a new two-fold strategy for its beds and mattresses programme, after conceding its earlier approach was not yielding the desired results.
- Details
- NEWS
The China launch by a licensee follows that of its second UK showroom, at intu Lakeside (pictured) last month
Silentnight, Britain's biggest bed maker, will have half a dozen Chinese brand showrooms by the end of the year as part of an international licensing agreement.
- Details
- NEWS
Wardrobe door maker KA Interiør sold in secondary buyout.
- Details
- NEWS
Alan Colleran (far left), Liz Colleran (left) and Tom Colleran (far right) with representatives from China
Duvalay has signed a licensing agreement that allows Chinese producers to promote and sell one of its mattress ranges in East Asia. It also plans to export its Hilary Devey line in China.
- Details
- NEWS
Vale Furnishers, the Surrey retailer in the past named the UK's top independent furniture retailer, enjoyed a balance sheet boost in 2016–17.
- Details
- NEWS
Higher sales at home and the rest of Europe helped one of the UK's biggest suppliers of sofa fabrics offset weaker Chinese revenue last year.
- Details
- NEWS
Home24 trades in eight countries and owns UK web properties
Home24, the pan-European furniture retailer that listed on the Frankfurt Stock Exchange earlier this month, is not yet present in Britain's effervescent ecommerce market.
- Details
- NEWS
The md of furniture maker Shackletons has sold the business to an external investor who will run the company as chairman and chief executive.
- Details
- NEWS
31 House of Fraser stores will close under CVA plan
House of Fraser will close 31 stores including a number that house furniture concessions after its planned CVA gained enough creditor support.
- Details
- NEWS
The diversified Leeds group grows its own fillings and makes its own springs as well as producing mattresses such as this one from its Somnus brand
Group consolidated revenue at Leeds bed manufacturing and components group Harrison Spinks has passed £50 million for the first time.
- Details
- NEWS
Rise and recliner co. saw sales slide but made positive earnings contribution.
- Details
- NEWS
Mulberry Home fabrics to feature on new Tetrad line
Tetrad, the North West sofa maker celebrating its 50th year of trading in 2018, is launching an upholstery programme covered exclusively in Mulberry Home fabrics.
- Details
- NEWS
Year-on-year furniture sales were down more than £14 million in May as upholstery and case goods underperformed.
- Details
- NEWS
Beaulieu International Group, the Belgian based flooring and textiles conglomerate, says a decision to cut its truck transport dependency has yielded huge environmental benefits.
- Details
- NEWS
2017–18 was the first full year of operation for the larger, rebranded store
Expanding and remodelling its Barkers Home store delivered instant payback for the privately-owned Northallerton retailer in 2017–18.
- Details
- NEWS
Mattress startups can't wait too long before making proper money.
- Details
- NEWS
Deposits, one of the biggest bugbears of the industry when others fall insolvent, could be returned
Customers of Fabb Sofas who paid deposits in the period leading up to the retailer's closure may get their money back, after management took steps to protect funds.
- Details
- NEWS
A currency-driven improvement in gross margin helped pare back the effect of lower sales at four-store furniture retailer Fairway in 2017–18.
- Details
- NEWS
The Bradford distributor behind the Homemaker Rug Collection says it will this year build on the launch of its third-party logistics and online fulfilment service.