Frasers Group, owner of House of Fraser and Sofa.com, has acquired upmarket homewares brand Amara in a deal brokered by restructuring advisors.

Chris Muir, chief financial officer at ScS for the past six years, is to leave the sofa and carpets retailer, sparking a search for a successor.

The private equity backed group that owns custom fitted furniture maker Neville Johnson paid eight-figure dividends to shareholders in a period when it agreed extended borrowing and saw trading profits fall.

The value of U.K. furniture exports has jumped by more than £200 million so far this year thanks to increased activity with major trading partners including the U.S., Ireland and France.

Profits fell sharply at Gwynedd cabinet maker Welcome Furniture in the past year as strategic partnerships with online retailers failed to fully mitigate a tough contract market.

Liverpool based home and garden retailer Taskers booked lower profits as administrative expenses climbed and Covid financial support measures fell away through 2021/22.

Experienced retail leader Neville Moore has been voted in as chair of Associated Independent Stores (AIS), the Midlands based buying and services group for privately-owned retailers.

Shaun Cook has left his role as director of retail at DFS-owned upholstered furniture chain Sofology. An interim successor is already in place at the Warrington based retailer.

The operator of Dreams beds stores in Northern Ireland has recruited the former head of Marks and Spencer's business in Ireland as its new commercial director.

A Yorkshire bedroom furniture retailer leaves creditors facing a seven-figure shortfall after it ceased trading earlier this autumn.

IKEA store operator and property owner Ingka Group booked smaller profits as its financial investments were hit by upheaval in bond markets caused by rising interest rates.

U.K. ecommerce furniture sales growth returned in the third quarter of 2022 after year-on-year declines in the first half of the year. Store-based retail sales continued to climb faster, with volumes down across both channels.

Upholstery and flooring chain ScS says it is trading resiliently through a challenging period with order intake growth having returned through the autumn.

More detailed terms of the buyout of highly-profitable clicks-to-bricks furniture retailer Loaf have been disclosed for the first time following an investment by Blue Coast Capital last year.

Ecommerce mattress and bed frame retailer Crazy Price Beds is under new ownership after surging import costs and other headwinds forced the disposal of the Midlands operation.

United Furniture Industries, the company behind Lane, one of the most storied furniture brands in the U.S., has closed down without warning, putting thousands of jobs at risk.

Furnishing fabrics and wallpaper supplier Osborne & Little repaid almost £3 million of debt and doubled group profits through 2021/22 as it kept a lid on costs as custom returned.

Restructuring advisors handling the fallout of the collapse of Made.com (Made) say five trade suitors made bids for the now-defunct furniture retailer during efforts to secure a solvent sale.

Heritage North West independent furniture and furnishings retailer Arighi Bianchi appointed Susie Harding from Tetrad as finance director, it has just announced.

Bed market leader Dreams is to raise pay for its workforce for the second time this year and introduce a raft of new initiatives designed to support employees.

The book value of historic West Sussex furniture retailer Reynolds has climbed through the pandemic on strong profits and asset acquisition.

Northern European furniture brand ILVA plans to build out its presence in Scandinavia over the next year as the one-time U.K. retailer expands beyond its Danish homeland.

Eight furniture, bed and flooring industry enterprises have been named among the best companies to work for in Britain according to a closely-followed list spanning all U.K. industry.

West Elm has closed a standalone store in the U.K. for the first time since the Brooklyn-based furniture retail brand arrived here from the U.S. back in 2015.

Europe's largest kitchen manufacturer will have expanded its U.K. store footprint by a fifth once the last of two further planned stores are launched in the coming weeks.

Privately-owned furniture and home accents retail chain EZ Living Interiors has expanded its footprint in Ireland with the launch of a second Dublin store.

Restructuring advisors plan to carve out and find a new owner for Trouva, the online trading platform acquired by Made.com (Made) back in the summer.

High price inflation in the furniture category helped the value of retail sales advance in October on a year-on-year basis but the quantity of goods delivered declined.

The Government has decided not to introduce an online sales tax as part of wider business rates reform in a move that will disappoint some brick-and-mortar retailers and high street evangelists.

Greenapple Systems, which was at the vanguard of the supply of glass furniture into the U.K. retail market, has completed a solvent shutdown of the business following a decision to close made last year.

Consumer confidence improved for the second straight month in November according to a closely-followed poll amid leadership change in Westminster.

The value of Made.com stock held at U.K. and Belgian warehouses totalled £12.5 million at cost when restructuring advisors were appointed last week, but may realise only a fraction of that amount.

Preferential and secured claims from U.K. tax authorities and lender Silicon Valley Bank are expected to be repaid in full following the collapse of Made.com, but other creditors face a significant shortfall on the amounts owed to them.

Furniture and home retailer The Garden Trading Company together with its parent company Joules Group were both officially placed into the hands of restructuring advisors on Wednesday afternoon.

The West Yorkshire company behind the Bedkingdom.co.uk brand has emerged as one of the largest in the ecommerce beds segment after rapid growth through the pandemic.

ScanCom International, the Scandinavian outdoor furniture manufacturer with offices in countries including the U.K., found profit growth despite production challenges in the past year.

Underlying profits almost doubled for independent furniture retailer Cookes in the year to end March as the privately-owned group made gains across both its retail and storage businesses.

Consumer price inflation for household furniture eased to its lowest reading in 10 months in October but remains at a historically elevated level.

Fewer containers of living, dining and bedroom cabinet furniture arrived in the U.K. at the end of the first quarter including a halving in the quantity of goods shipped from China.

Designer furniture maker Carl Hansen & Søn has begun a consultation with factory workers in its homeland ahead of planned redundancies as it adjusts to weaker consumer demand.

Made.com (Made) administrator PwC has instructed John Pye Auctions to sell the entirety of the fallen furniture, lighting and homeware retailer's unsold U.K. stock.

Two key supply chain partners to the U.K. furniture industry relied on new business wins for growth as they called out weaker trading conditions in big-ticket categories.

Joules Group, the parent to furniture and home retailer The Garden Trading Company, has filed a notice of intent to appoint administrators (NOI) after attempts to procure rescue funding failed.

Profits almost trebled for North West supplier Hill's Panel Products through 2021/22 as the key supplier to the fitted furniture sector negotiated upstream challenges.

Second company for large Northern Ireland based retailer.

Department store retailer John Lewis & Partners has recalled its Cloud Velvet dining chair product line on safety grounds.

RH, the luxury U.S. furniture retailer readying its launch in the U.K. market next year, has already spent tens of millions of pounds here and committed to sums far higher, thanks to lease commitments.

Jason Bannister has increased his stake in an emerging rival to the Oak Furnitureland business he founded 16 years ago, and joined its board of directors.

U.K. furniture production volumes declined at the end of the third quarter as manufacturers grappled weaker order books amid rising costs.

Furniture conglomerate Actona Group says it has given the vast showroom at its Danish headquarters an extreme makeover as part of plans to make every visit by trade customers an experience.

The co-founder of King's Road interior design practice and gallery Sigmar has opened a 3,200sqft showroom selling vintage Scandinavian furniture.

Variety chain B&M European Value Retail (B&M) took a margin hit as the later arrival of warm weather hit demand for garden furniture and other outdoor items.

General merchandise and food retailer Marks and Spencer Group (M&S) said it is well positioned to take advantage with market conditions expected to become more challenging over the next year.

Almost 70 percent of the employees of furniture retailer Made.com (Made) have left the company following the appointment of administrators on Tuesday, restructuring advisors have said.

General merchandise retail giant Next has won the race to acquire the Made.com (Made) brand after it outbid rivals to complete an asset-only purchase with restructuring advisors.

Independent South Coast department and garden centre retailer returns to profit as it recovered most of the business lost to Covid.

A survey of leading British furniture manufacturers has laid bare the impact of rising production costs on their businesses, with many now struggling to turn a profit.

Furniture retailer Loaf booked its first-ever eight-figure profits as the clicks-to-bricks business continued its inexorable ascent in the year to March 31, 2022.

The company behind ecommerce brand Furniture and Choice saw profits fall on lower revenue and thinner margins as it lapped the strong demand seen through the height of the pandemic.

Solid wood beds and mattress maker and retailer Get Laid Beds built on profitable revenue growth through the pandemic as its top and bottom lines advanced again in the past year.

Profits were two-thirds higher at independent retailer Fairway Furniture through 2021/22 as it navigated supply chain challenges to deliver its order book.

Furniture wholesaler Kettle Interiors has paid tribute to its founder John Kettle, who died Saturday, November 5, aged 73.

Panaz Holdings has promoted Nadeem Memon to group chief financial officer with responsibility for the fabrics and furnishings group's expanding roster of business units.

National bed retailer Bensons for Beds is moving into a new Stirling store this weekend, a few doors down from its former home on the Springkerse Retail Park.

Ning Li will not be buying back Made.com (Made) after restructuring advisors rejected his offer to acquire the business he founded back in 2010.

17-store retailer benefits after plugging gap left by insolvent concessions with own-bought and consignment inventory.

The owner of home and giftware importer Lesser & Pavey found big revenue growth in the past year but underlying profits were hit by skinnier margins.

The Conran Shop, the modern furniture, home and lifestyle retailer, has received a new equity funding injection from its owner, its seventh so far this year.

Fashion-to-furnishings retail giant Next is said to have bid to acquire the intellectual property of Made.com, the embattled furniture and lighting retailer.

Bensons for Beds has relaunched Eve Sleep, flicking the switch on its dedicated website less than three weeks since it paid £600,000 to acquire the brand and other intellectual property.

Upholstery market leader DFS said customer demand outperformed its own expectations in the past six weeks as a positive order trend returned.

Profits almost halved for IKEA brand owner and franchisor Inter IKEA through 2021/22 as the company was unable to pass on all input cost rises to its franchisees.

The boss of Wayfair says the ecommerce-led home platform is continuing to "control the controllables" as it plots a path to profit and cashflow neutrality.

About 60 standalone Argos stores that had been primed for closure by the general merchandise retail giant within the next 18 months will now remain open for longer than expected thanks to landlord concessions.

The disposal and closure of the last remaining Tudor Williams store earlier this year yielded a high six-figure sum for its former owner, and followed an earlier £3.5 million property deal.

High post-lockdown demand helped small-space living specialist The Futon Company maintain positive momentum as it again recorded highest-ever sales and profits in the past year.

Furniture and home retailer Collingwood Batchellor reversed a seven-figure deficit to book record profits through 2021/22 amid wider plans to progress its diversification strategy.

Furniture and department store retailer Bradbeers has repaid almost £5 million of maturing debt after a property disposal this summer.

Made.com founder Ning Li has incorporated a new furniture retail company with restructuring advisors poised to complete an asset-only sale of the business he launched more than a decade ago.

Furniture and lighting retailer Made.com (Made) has filed a notice of intent to appoint administrators (NOI) in a move that places a ring of protection around the business and shields it from creditor action.

Bensons for Beds has launched a Simply by Bensons programme of entry-level mattresses with a new product lineup and an adjusted and new-look brand compared with the Simply Bensons range that preceded it.

A central London property that has been home to myriad upholstery brands over the years has housed its last furniture industry tenant, if new plans for the six-storey building are approved.

London department store retailer Harrods returned to profit in the past year as it benefitted from the return of U.K. and international shoppers to the capital.

Clicks-to-bricks cabinet retailer shortens financial reporting period by a single day for the second time in the past three months, extending its filing deadline.

National retailer Furniture Village will take its estate to 55 with the launch of a new store on the Stane Retail Park in Colchester.

Restructuring advisors say multi-million pound filled bedding supplier Norfolk Feather is yet to formally enter insolvency despite the reported closure of its business earlier this month.

The U.K.'s largest BoConcept franchise built sales, profits and cash last year, saying it emerged in a stronger-than-ever position despite very challenging trading conditions.

The historic Derbyshire store of the hitherto highly-regarded independent furniture retailer Eyres of Chesterfield was sold ahead of the business permanently closing its doors earlier this year.

Restructuring advisors are poised to step in after Made.com (Made) said there was now no reasonable prospect of an offer for the equity in the company.

The rate at which customer loan applications are approved has increased since Dreams adopted a new time-saving system in partnership with software company Aryza.

Furniture and lighting retailer Made.com Group (Made) says its trading arm has temporarily suspended new customer orders following the collapse of sale talks on Tuesday.

Home product sales declined sharply at The Very Group through 2021/22 with the non-food ecommerce giant saying it lapped strong prior year comparatives in all major furniture categories.

National retailer Bensons for Beds will this week return to Watford with the opening of a new store above the existing unit operated by flooring chain Carpetright.

IKEA is to open Plan & Order points at Aintree, Preston and Stockport as part of plans to make it easier and more accessible to shop with the home furnishings giant.

Furniture retailer Made.com Group (Made) says sale discussions have been terminated after potential bidders were unable to meet a deadline of the end of the month for firm offers.

Cabinet and upholstery supplier Mark Webster Designs sold the vast majority of its stock to its largest customer two weeks ahead of the formal appointment of administrators as it sought a managed wind down of the business.

Filled bedding company Trendsetter Home Furnishings built on a return to profit with an eight-fold rise in earnings in the past year, but cautioned of headwinds in the period since.

The company behind the ufurnish.com search engine for furniture and furnishings has agreed a partnership with Santander U.K. that will elevate the visibility of leading retailers with the bank's mortgage holders.

National retailer Bensons for Beds will later this week launch Bensons Outlet, a pilot store concept that will offer customers deep discounts and special buys.

Fewer weeks lost to Covid and higher online sales help department store group Fenwick cut trading losses through 2021/22 while it returned to profit after tax thanks to a gain on property disposal.

Higher costs saw profits almost halve for bedding supplier Comfy Quilts in the year to end January despite sales having climbed thanks to it doing more business with a company under common control.

Actona Group found top line gains as the Danish furniture conglomerate expanded its global activities through acquisitions in 2021/22.

Britain's furniture industry enters the golden quarter with consumer confidence for big-ticket expenses at its weakest level since the beginning of the pandemic, according to new figures.

The North West company behind the Luxury Rattan outdoor furniture brand has filed for insolvency just over a year after it booked a net gain of almost £1 million.

Oldrid & Co, the Lincolnshire furniture and home store retailer that now trades solely under the Downtown fascia, reversed a big seven-figure deficit as revenue recovered in the past year.

Higher prices and the unwind of big order books meant the value of furniture and lighting retail sales climbed by almost £100 million year-on-year in September.

Wayfair says it is offering over 12,000 products that adhere to one or more of 50 third-party sustainability certifications as the online platform looks to advance the green credentials of its supply chain.

Homewares and furniture retailer Dunelm said it had a robust quarter with sales dipping as expected as it lapped strong comparators from the autumn of last year.

Former Cole's store in Stoke-on-Trent was acquired back in 2009 but closed four years later.

The end of lockdown and the return of London footfall has helped high-end French furniture franchise Roche Bobois find U.K. growth so far this year, at a faster pace than in any other world market.

Renewed upstream supply chain price pressures will result in further rises being passed on to retailers, as new inflation figures out Wednesday showed continued stubbornly high rates across the industry.

Trading profits returned at Jarrold & Sons through 2021/22 as the diversified Norwich group kept a lid on costs and saw revenue recover, particularly within its retail business.

Home department store retailer Leekes recorded double-digit top and bottom line gains in the year to end March and says it has maintained momentum in the first half of its new financial year.

Wider gross margin and higher sales helped the privately-owned South East retail group behind department stores including Elys and Pearsons return to profit in the past year.

New bank borrowing replaces £100 million drawdown on overdraft facility as loans from related parties increased last year.

Home, garden and leisure retailer The Range has pinned a fall in profits on unprecedented challenges to the supply chain as rising costs countered an advance in sales at the 205-store chain.

Eve Sleep will live on as a standalone brand after Bensons for Beds acquired the direct-to-consumer company's intellectual property following the appointment of administrators at midday on Monday.

Direct-to-consumer mattress and sleep products company Eve Sleep was placed into administration at midday Monday after hopes for a solvent solution or fresh equity funding evaporated.

Embattled furniture retailer Made.com Group (Made) is targeting firm offers for the company by the end of October and says potential bidders have been made aware that it will require interim financing in light of dwindling liquidity.

BoConcept is donating profits from its business in Russia to an initiative supporting Ukraine after it was forced to walk back plans for an immediate exit from supplying its Russian franchisee.

Independent furniture retailer Lukehurst is upgrading the exterior of one of its two Kent stores with a six-figure investment in the external fascia.

The founder of DFS and an investment vehicle controlled by the deputy chairman of Dunelm remain among the largest shareholders in fast-growing and now-profitable flooring retailer Tapi Carpets & Floors.

Inflation-driven price rises and currency movements helped worldwide brand revenue climb to a new record level at IKEA in the past year despite flat volumes across the franchise.

The Furnitureful ecommerce brand is now trading under the stewardship of its third owner inside five months after its predecessor company folded late last month.

The Chinese ecommerce group behind furniture, home and garden brands such as Homcom and Aosom more than doubled the size of its U.K. business last year in a period when it added six new warehouses across southern and eastern England.

Upmarket interior design and furnishings supplier Sanderson Design Group found profit growth in the first half of its 2022/23 financial year after almost doubling licensing income.

Headlam Group, the U.K.'s largest floorcoverings wholesaler, has bolstered its leadership team with two new independent non-executive board hires.

U.K. tax authorities face the largest shortfall after the planned permanent closure of privately-owned Leicestershire retailer Furniture Loft went awry earlier this summer.

Furniture, mattresses and home accents distributor Gallery Direct pumped cash into stock build last year in a period where it returned to profit on vastly increased output.

U.K. listed textiles group says part of its German-based operations has struggled as a result of weak consumer confidence.

Upholstery brand Maker&Son says it was fully committed to fulfilling all creditors obligations ahead of it being forced into an insolvent restructure after a single creditor didn't support its plans following its summer buyout.

Restructuring advisors are trying to unpick the situation at £25 million sofa brand Maker&Son after the trading company behind the business was placed into administration earlier this week.

A fast-growing wholesaler and ecommerce oak furniture retailer has the backing of one of the most prominent industry founders of the past two decades following an investment earlier this year.

Britain's biggest bed retailer delivered high single-digit figure profit growth in 2021 as revenue surged on the back of strong demand last year.

Furniture Village commercial director Charlie Harrison has been named winner of the Next Generation Award by Family Business United, recognising his contribution to the national furniture retailer.

Higher output outweighed rising costs and thinner margins as North West household textile supplier Turner Bianca found bottom line growth in the year to end March.

Fabb Furniture will open two more showrooms before Christmas as part of a six-figure investment expanding its retail estate. It is also targeting a new distribution centre and has switched warranty providers following a tender process.

Fast-growing flooring chain Tapi Carpets & Floors will keep its foot on the accelerator pedal with new stores opening through 2022.

Made.com Group (Made) says it will need tens of millions of pounds in aggregate funding over the next 18 months as it revealed it had begun discussions with interested parties regarding a sale of the business.

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.

Major independent furniture retailer Fishpools booked seven-figure profits and bolstered cash reserves in a year of record volumes for the Waltham Cross company.

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.

Furniture retailer Made.com Group (Made) saw its gross margin slide sharply in the first half as it slashed prices to shift excess inventory.

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.

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.

Home furnishings retailer IKEA is partnering Tesco, the supermarket chain, to expand its collect-and-collect service for customers.

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.

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.

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.

Five-store specialist retailer operates carpet and bed shops across Dorset and Hampshire.



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