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- RETAIL & DISTRIBUTION
The company behind the Killymoon Living and CFC Interiors furniture brands made top and bottom line gains through 2021/22 but used some of the proceeds to pay off debt as it forewarned of a weaker year to follow.
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- RETAIL & DISTRIBUTION
The closure of a 17-store direct-to-consumer brand selling rise and recline chairs, adjustable beds and other mobility aids earlier this year leaves creditors facing a shortfall north of £12 million.
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Eight ecommerce furniture, home and mattress companies — three of which have dedicated U.K. online stores — have featured in the Financial Times 2023 FT 1000 list of Europe's fastest-growing companies.
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- RETAIL & DISTRIBUTION
Sales in Ireland inched forward for major furniture and electricals retailer Harvey Norman in the second half of 2022 on the back of a new store and a rise in average prices. Its smaller Northern Ireland operation found life trickier.
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- SUPPLY & WHOLESALE
East Midlands furniture importer and distributor Birlea has introduced a new price list with reductions of an average 11 percent across its entire product roster.
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- RETAIL & DISTRIBUTION
Embattled ecommerce furniture, homeware, garden and gift retailer Cox & Cox is expected to survive after calling in restructuring advisors earlier this week.
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- RETAIL & DISTRIBUTION
Heritage furniture and homeware brand Habitat will be without any standalone U.K. store presence from the summer after owner J Sainsbury announced plans to close its last remaining branches here.
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- RETAIL & DISTRIBUTION
Privately-owned furniture retailer Glasswells has remodelled its Ipswich home furnishings store to create what it called a brighter and more contemporary atmosphere.
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- RETAIL & DISTRIBUTION
Efforts to rescue furniture and homeware retailer Cox & Cox reached a critical juncture on Monday afternoon after restructuring advisors were called in at the Somerset ecommerce company.
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- RETAIL & DISTRIBUTION
Pippa Wicks, the senior-most official at department store retailer John Lewis & Partners, is to leave the business after two and a half years as its executive director.
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- SUPPLY & WHOLESALE
Shipping pressures and dealing with the aftermath of the pandemic meant last year was the most challenging yet, according to bedroom furniture and upholstery distributor Furniture Wholesale Group (FWG).
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- RETAIL & DISTRIBUTION
National kitchens retailer Wren is to diversify its product range with the launch of Wren Bedrooms, expanding its customer offer into fitted wardrobes, chests, dressers and standalone items.
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- RETAIL & DISTRIBUTION
Independent bed retailer Archers Sleepcentre found top and bottom line growth through 2021/22 in a period that saw its md complete a management buyout of the business.
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- RETAIL & DISTRIBUTION
Marks and Spencer (M&S) and Fired Earth are to build on an existing homeware collaboration by adding further products including upholstered, occasional and living room furniture lines.
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- RETAIL & DISTRIBUTION
Trading conditions in the U.K. and other international markets are currently far harder than in its domestic market, according to the leader of home goods ecommerce giant Wayfair.
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- RETAIL & DISTRIBUTION
EZ Living Interiors, one of Ireland's largest furniture and homeware retailers, has launched JOYA Sleep, a standalone and sustainable mattress brand with its own dedicated ecommerce channel.
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- RETAIL & DISTRIBUTION
The largest operator of IKEA stores worldwide has made a €9 million investment in a U.K. company specialising in credit risk, risk analytics and predictive modelling based on bank transaction data.
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- RETAIL & DISTRIBUTION
The near-term future of ecommerce furniture and homeware retailer Cox & Cox is uncertain after its operating company filed a notice of intent to appoint an administrator (NOI) earlier this week.
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- SUPPLY & WHOLESALE
The Vita Group says it has doubled staff headcount and increased production four-fold at the foam manufacturing plant it acquired from sofa maker Natuzzi in the two years since the takeover was announced.
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- RETAIL & DISTRIBUTION
Home shopping general merchandise retailer N Brown Group has appointed Dominic Appleton as chief financial officer designate to succeed current incumbent Rachel Izzard.
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- SUPPLY & WHOLESALE
Retail giant Next and Sanderson Design Group (SDG) have agreed a licensing tie-up for the latter's Clarke & Clarke brand that will see its product range diversify into new categories including furniture.
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- RETAIL & DISTRIBUTION
Oak Furniture Superstore has a new owner after a deal was concluded late Tuesday afternoon for the business and assets of the multi-million pound turnover online cabinet and upholstery retailer.
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- RETAIL & DISTRIBUTION
Premium kitchen maker Poggenpohl has retimed the relaunch of one of its flagship U.K. showrooms for a second time.
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- RETAIL & DISTRIBUTION
Mattress Online maintained margin and seven-figure profits through 2021/22 as it adjusted to what its CEO called an "anticipated change to consumer spending behaviour as the U.K. retail market settles into a post-lockdown world."
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- SUPPLY & WHOLESALE
A West Midlands interior design company that created interiors for show homes across new-build developments has folded leaving a large tax liability.
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- RETAIL & DISTRIBUTION
Stakeholders in the Evans of High Wycombe furniture business say they are awaiting clarification of the brand's future after its until-now operating company was placed into liquidation last week.
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- RETAIL & DISTRIBUTION
Habitat, the Sainsbury's owned furniture and homeware brand, has agreed a multi-platform deal to sponsor Friday nights in on 4, broadcaster Channel 4 has announced.
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- RETAIL & DISTRIBUTION
ScS has revamped its corporate identity with a new logotype and strapline that launches concurrently with a television advertising campaign that steers the sofa and flooring retailer in a new direction.
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- RETAIL & DISTRIBUTION
U.K. furniture retailers found year-on-year turnover growth in January as a result of the pickup in demand in the autumn and normalised lead times. But the total remained short of pre-pandemic levels.
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Building out the business of fast-growing furniture search website ufurnish.com resulted in its operating company recording a seven-figure loss last year, new accounts show.
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- SUPPLY & WHOLESALE
Exports of core furniture categories including upholstery, beds and cabinets reached all-time high levels in 2022, breaking a record that had stood for the past four years.
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- RETAIL & DISTRIBUTION
The owner of London upholstery company The Sofa & Chair Co says the net effect of the company voluntary arrangement (CVA) agreed last September will be a £6.3 million reduction in liabilities.
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- RETAIL & DISTRIBUTION
A property company under the control of the owner of an oak furniture retailer that only last month completed an insolvent restructure has filed a notice of intent to appoint an administrator (NOI).
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- RETAIL & DISTRIBUTION
Household furniture price inflation continues to run in double-digit percentages but the rate eased to its lowest level in well over a year last month, according to new official data.
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- RETAIL & DISTRIBUTION
Homewares and furniture retailer Dunelm claimed market share in the second half of 2022 but saw profits fall as rising costs took their toll on the business.
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- REGIONAL
High demand and a new sales procedure helped one of the country's largest privately-owned furniture retailers to lift profits as revenue climbed to a seven-year high through 2021/22.
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- RETAIL & DISTRIBUTION
Vince Gunn, managing director of upholstered furniture brand Snug for the past two years, has been appointed chief executive at upmarket kitchen retailer Harvey Jones.
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- RETAIL & DISTRIBUTION
Fishpools has paid tribute to its chairman John Fishpool, the third generation of the family to run the highly-regarded independent furniture retailer, who has died aged 84.
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- RETAIL & DISTRIBUTION
The CEO of Tempur Sealy International says the bedding conglomerate will continue to look at acquisition opportunities, citing the takeover of Dreams as an example of when the stars eventually aligned after years of talks.
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- SUPPLY & WHOLESALE
U.K. furniture makers' turnover declined on an annual basis for the first time in almost two years in December as weak demand through the autumn impacted production at the end of the year.
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- RETAIL & DISTRIBUTION
Retail giant Next is looking to experienced furniture industry executives as it looks to lever the acquisition of the Made.com [Made] brand after its collapse last year.
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- RETAIL & DISTRIBUTION
Designer furniture, lighting and lifestyle retailer The Conran Shop has closed one of its iconic London stores and separately raised further equity funding from its owner.
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- RETAIL & DISTRIBUTION
An end to pandemic restrictions in Northern Ireland helped the retailer that operates Dreams and Sofatime branded stores there find big revenue growth last year, with adjusted profits also rising.
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- RETAIL & DISTRIBUTION
The majority of the shares in XDP, one of the go-to providers for U.K. retailers selling flatpack furniture kits and other small parcel deliveries, have passed to the next generation.
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- RETAIL & DISTRIBUTION
JYSK has fired up a new partnership with online logistics marketplace AnyVan designed to boost its customers' ability to get big-ticket items delivered to their homes in as little as 24 hours.
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- RETAIL & DISTRIBUTION
Frasers Group, owner of retailers House of Fraser and Sofa.com, paid £2 million in cash to rescue the business and assets of Amara Living after the embattled home and living brand had run out of alternative funding sources.
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- SUPPLY & WHOLESALE
Alan Sweeney has stepped down as Alfrank Designs CEO after almost 17 years to launch a new agency and sourcing business with one of Ireland's leading furniture buyers. He will continue to work with the dining and occasional furniture supplier on a part-time basis.
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- RETAIL & DISTRIBUTION
Prominent Irish retailer EZ Living Furniture is planning to build and open a state-of-the-art retail warehouse in arguably Northern Ireland's premier location for big-ticket home retailers.
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- SUPPLY & WHOLESALE
Restructuring advisors handling the insolvency of the U.K. arm of bedroom and dining resource Rowico say they are clearing inventory following their appointment last month.
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- RETAIL & DISTRIBUTION
Inexpensive Danish furniture retailer JYSK will open five stores in two days this month including a buildout of its U.K. footprint.
- Details
- RETAIL & DISTRIBUTION
The owner of the West Elm and Pottery Barn Kids retail and wholesale brands said it expects to register lower U.K. sales as a result of business model and strategy adjustments here.
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- SUPPLY & WHOLESALE
The U.K. future of international bedroom and dining furniture resource Rowico is unclear after its wholly-owned business unit here was placed into the hands of restructuring advisors late last month.
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- RETAIL & DISTRIBUTION
National furniture retailer Barker & Stonehouse has shared images of its soon-to-be-finished Gateshead store ahead of its scheduled opening this spring.
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- RETAIL & DISTRIBUTION
HSL has appointed Venessa Hodgson as managing director designate following the departure of CEO Guy Critchlow, who has left after over six years with the furniture vertical.
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- RETAIL & DISTRIBUTION
The Very Group has launched hundreds of new home SKUs at entry-level prices as part of a wider expansion of its Everyday own brand collection originally introduced in the summer of last year.
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- RETAIL & DISTRIBUTION
A regional logistics company offering services including white-glove two-man furniture deliveries has been placed into the hands of restructuring advisors.
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- RETAIL & DISTRIBUTION
Building work is underway for a new purpose-built 1.17 million sqft distribution centre for The Range, the national home, garden and leisure retailer.
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- SUPPLY & WHOLESALE
Profits left in the company advanced again for Northern Ireland based dining furniture wholesaler World Furniture (NI) last year as the supplier continued to build value.
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- RETAIL & DISTRIBUTION
The number of mid-large sized furniture retailers operating in the U.K. dwindled last year as businesses either closed or reported lower turnover amid tougher trading conditions.
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Shareholders have given fresh backing to an online furniture search website that is fast becoming a key resource for shoppers who are in the product discovery phase.
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- SUPPLY & WHOLESALE
Decorative lighting supplier Searchlight Electric built stock levels and maintained healthy cash reserves on new borrowing last year against a difficult trading backdrop.
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- SUPPLY & WHOLESALE
Weaker-than-expected sales and higher costs impacted pro-rata trading profits at the trade and direct home shopping bedding, home textiles and soft furnishings supplier Rapport Home last year.
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- RETAIL & DISTRIBUTION
Kave Home, which launched into the U.K. market in 2021, has appointed a new generation to lead the company at the start of a year when the furniture and home décor brand hopes to add 60 new stores and galleries.
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Ecommerce furniture retailer Swoon Editions is free of secured debt after it discharged in full its obligations to an invoice finance provider that provided funding after a restructuring over three years ago.
- Details
- RETAIL & DISTRIBUTION
The wholly-owned U.K. store network of high-end French furniture company Roche Bobois delivered faster revenue growth than any other of its major global markets last year.
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- SUPPLY & WHOLESALE
The principal U.K. arm of global office furniture manufacturing giant Herman Miller booked smaller profits here last year as higher staffing and material costs outweighed the impact of rising sales.
- Details
- RETAIL & DISTRIBUTION
National beds and mattress retailer Bensons for Beds said it achieved high single-digit underlying sales growth in the final quarter of last year with post Boxing Day sales maintaining pre-Christmas momentum.
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- RETAIL & DISTRIBUTION
A South Wales based direct-to-consumer brand selling riser recline chairs, adjustable beds and other mobility aids online and from a regional store network has called in restructuring advisors and ceased trading.
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- RETAIL & DISTRIBUTION
Upholstery market leader DFS has appointed Gill Barr, a former senior John Lewis, Kingfisher and Cooperative Group official, as a non-executive director.
- Details
- RETAIL & DISTRIBUTION
Dreams has appointed former DFS executive Emma Long as chief customer officer with the beds market leader also hiring its first ever head of people.
- Details
- RETAIL & DISTRIBUTION
Furniture retailer The Cotswold Company has appointed a new chairman and chief marketing officer with the company also soon to expand its store footprint.
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- REGIONAL
A prominent South East furniture brand, which under a different structure a decade ago habitually generated sales north of £10 million a year, has deleveraged through 2021/22.
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- RETAIL & DISTRIBUTION
22nd store across the U.K. for national sofabed retailer.
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- SUPPLY & WHOLESALE
Contemporary housewares supplier Joseph Joseph Group booked record sales last year as its international business gained further traction.
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- RETAIL & DISTRIBUTION
More hard data showing how the furniture industry was lifted by a strong post-lockdown tailwind has arrived in the shape of orders processed through the central paying agent of the U.K.'s largest buying group in the sector.
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- RETAIL & DISTRIBUTION
Britain's biggest floorcoverings retailer has been told to amend its marketing claims by the advertising watchdog after a complaint by its largest rival in the sector.
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- SUPPLY & WHOLESALE
Factory gate furniture price inflation climbed at the end of last year though raw material and input cost data augurs more promisingly, with that rate falling to its shallowest level since the spring of 2021.
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- RETAIL & DISTRIBUTION
Charlie Harrison has become managing director of Furniture Village as part of a board reshaping that sees several internal promotions and company co-founder Peter Harrison become executive chairman.
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The restructuring of a formerly-profitable online furniture, home and garden boutique based in Cheshire leaves creditors facing a potential shortfall.
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Revenue climbed by more than a third at British homewares and lifestyle brand Sophie Allport ahead of it appointing a new CEO to elevate the business to another level.
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A working capital borrowing facility secured against key assets of furniture, home and garden retailer Cox & Cox has been settled.
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- SUPPLY & WHOLESALE
The reopening of the hospitality industry boosted textiles manufacturer and distributor Richard Haworth, one of the largest U.K. suppliers of filled bedding and soft furnishings to the sector.
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Ecommerce home platform Wayfair is laying off 1,750 employees in a move that cuts total headcount worldwide by about 10 percent. It said the move will accelerate its path to profitability.
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- REGIONAL
Cobham furniture retailer No44 Furniture & Fine Things has closed following a planned shutdown. Its owners intend to concentrate on other business interests closer to where they live.
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- SUPPLY & WHOLESALE
High value lighting, furniture and accents supplier Porta Romana booked adjusted profits of £4.1 million in the year to April 30, 2022 on all-time high revenue.
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- RETAIL & DISTRIBUTION
Anecdotal tales of improvement in late 2022 furniture sales were backed up with hard data on Friday as official figures put December numbers up sharply on an annual basis.
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- RETAIL & DISTRIBUTION
Two months of improving consumer sentiment towards high-value purchasing intent came to an end this month according to a closely-followed consumer confidence survey.
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- RETAIL & DISTRIBUTION
Online marketplace Wayfair last year launched a product recall for a Polish-made corner unit as it doesn't meet the U.K.'s strict fire and flammability regulations.
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- RETAIL & DISTRIBUTION
The owner of The Conran Shop has provided another equity injection in a move that bolsters the balance sheet of the designer furniture, lighting and homeware retailer.
- Details
- SUPPLY & WHOLESALE
A South West based logistics company whose services include two-man white glove delivery on behalf of big-ticket customers has filed a notice of intent to appoint an administrator (NOI).
- Details
- INTERNATIONAL
Underlying profits reached record levels at Danish furniture retail, supply and investment conglomerate Lars Larsen Group (LLG) last year fuelled by organic growth and acquisitions.
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- RETAIL & DISTRIBUTION
French high-end furniture maker, retailer and franchisor Roche Bobois is to consolidate its store network in its domestic market with the acquisition of 13 stores run by two separate third-party operators.
- Details
- RETAIL & DISTRIBUTION
Double-digit revenue growth in the three months to December 31 helped furniture and homeware retailer Dunelm counter falling sales in the three months prior.
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- RETAIL & DISTRIBUTION
A prominent online furniture brand with a co-owned wholesale arm supplying other retailers has launched a product recall for upholstered sofas and armchairs that do not meet the U.K. flammability regulations.
- Details
- RETAIL & DISTRIBUTION
Consumer price inflation for household furniture eased for the fourth consecutive month in December but remained at a high level compared with historic norms.
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- SUPPLY & WHOLESALE
Import volumes of wood living, dining and bedroom cabinet furniture have now trended lower in every month since March last year, according to new figures.
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- RETAIL & DISTRIBUTION
Starplan Furniture booked record sales and profits through 2021/22 as demand surged for the fitted and freestanding cabinet maker and retailer.
- Details
- RETAIL & DISTRIBUTION
DFS Group has expanded its supply chain partnership with Wincanton, agreeing a new three-year deal that builds on an existing collaboration for the Dwell furniture brand to additionally include other non-sofa products.
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- RETAIL & DISTRIBUTION
Employees and customer orders have transferred as part of a restructure that provides continuity of trade at the multi-million pound turnover retailer behind the Oak Furniture House brand.
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- SUPPLY & WHOLESALE
Indian Ocean founder Jamie Hobbs is stepping down as managing director to focus on design and strategy. The high-end outdoor furniture company has appointed commercial director David Mahony to be his successor.
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- RETAIL & DISTRIBUTION
Marks and Spencer (M&S) is to open eight new full line stores through 2023/24 including five former Debenhams shops that will all open this year.
- Details
- REGIONAL
Privately-owned regional floorcoverings retailer Floorstore expanded its West Yorkshire store footprint late last year after agreeing a new debt funding package.
- Details
- RETAIL & DISTRIBUTION
The U.K.'s largest BoConcept franchisee will further grow its retail footprint in the London area with its latest store launch this weekend.
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- SUPPLY & WHOLESALE
U.K. furniture manufacturing turnover rose at below-inflation levels for a third straight month in November according to data out Friday morning.
- Details
- SUPPLY & WHOLESALE
Likewise Group will add further infrastructure in the first half of this year with new distribution facilities in the South East of England and Scotland.
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Ecommerce retailer Very Group said a double-digit rise in furniture sales was a key driver in overall growth at its flagship Very brand over the Black Friday and Christmas period.
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- SUPPLY & WHOLESALE
The md of Ercol Furniture [ercol] says the Buckinghamshire manufacturer remains focused on further building U.K. production after it returned to profit in 2021 and maintained that level last year.
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- RETAIL & DISTRIBUTION
Clothing and home sales trended up in high single digits on the back of strong in store demand through the golden quarter for Marks and Spencer (M&S), the general merchandise and food retailer.
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- INTERNATIONAL
A wholly-owned U.K. arm of French furniture brand Ligne Roset built on a first profit in five years with a second straight gain in the year to September 30, 2022.
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The group behind the JD Williams brand saw sales fall at a faster rate in the run up to Christmas and warned of further soft market conditions to come in the first half of 2023.
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- RETAIL & DISTRIBUTION
General merchandise retailer Argos delivered a third sequential quarterly improvement as household goods categories delivered in the lead up to Christmas.
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- SUPPLY & WHOLESALE
Birlea Furniture says the first Disney furniture and home ranges since it agreed an exclusive U.K. and Ireland distribution deal are due to be in stock early February.
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Equity investment helped bolster the balance sheet of the ecommerce group behind furniture and home interiors brands such as Houseology, Olivia's and Teddybeau Furniture.
- Details
- RETAIL & DISTRIBUTION
Employee-and-investor-owned retail chain Tapi Carpets & Floors has welcomed in the new year with a flurry of new store openings.
- Details
- REGIONAL
Heritage family-owned furniture retailer Paul Adams Furnishers is to close down following the decision of its owners to retire.
- Details
- SUPPLY & WHOLESALE
Furniture wholesaler Julian Bowen has appointed Jason Hillier to cover sales in London and the South East of England.
- Details
- RETAIL & DISTRIBUTION
A new distribution centre and expanded retail footprint helped furniture and furnishings retail chain NCF Living to a record year through 2021/22.
- Details
- RETAIL & DISTRIBUTION
Freight and other distribution costs rose sharply to counter the positive impact of revenue growth at the U.K. arm of value furniture chain JYSK last year.
- Details
- RETAIL & DISTRIBUTION
Revenue jumped and average order values increased for OKA in 2021/22, helping the high-end furniture and interiors retail group build adjusted EBITDA, and cut its net loss.
- Details
- RETAIL & DISTRIBUTION
Restructuring advisors sanctioned hundreds of thousands of pounds in critical ransom payments in order to keep The Garden Trading Company trading ahead of its sale to private equity last month.
- Details
- RETAIL & DISTRIBUTION
General merchandise giant Next generated sales of more than £15 million every day in the last nine weeks of the year as demand at the fashion-to-furnishings chain outperformed its own expectations.
- Details
- REGIONAL
Independent furniture and floorcoverings retailer John Doe of Diss has gone on television for the first time, launching a debut broadcast advertising campaign.
- Details
- RETAIL & DISTRIBUTION
Jim Orr has been appointed to the newly-created group chief executive role at Minerva, the furniture buying group and exhibition organiser.
- Details
- RETAIL & DISTRIBUTION
British furniture and home interiors brand OKA has opened its third store in the U.S. and its first on the East Coast.
- Details
- RETAIL & DISTRIBUTION
The online marketplace platform bought by fallen furniture retailer Made.com in the spring of last year has fresh backing following a carve out process.
- Details
- SUPPLY & WHOLESALE
Living, dining and bedroom wholesaler Balmoral Furniture booked higher profits last year as revenue increased and margin widened as a result of fewer restrictions.
- Details
- REGIONAL
Department store and bed shop retailer W.J. Daniel & Company returned to profit at the operating line last year in a period where it sold off property to help fund multi-million pound share buybacks.
- Details
- RETAIL & DISTRIBUTION
Department store retailer Beales has adjusted its marketing strategy to put its Internet business back into profit ahead of one of its three stores closing early next year.
- Details
- RETAIL & DISTRIBUTION
Privately-owned furniture retailer Barker and Stonehouse made top and bottom line gains through 2021/22 ahead of further expansion of its national store footprint.
- Details
- RETAIL & DISTRIBUTION
The company behind expanding retail chain Fabb Furniture recorded a bigger loss on supply chain and pandemic-related headwinds last year but says 2022/23 is already looking much stronger.
- Details
- RETAIL & DISTRIBUTION
The Stokers group of furniture stores saw profits jump by almost 50 percent in the year to end April as revenue trended sharply upwards, according to just-filed consolidated accounts.
- Details
- SUPPLY & WHOLESALE
Revenue climbed by more than half for North East living, dining and bedroom cabinet distributor Baker Furniture through 2021/22 as it yielded the early benefit of its new distribution centre.
- Details
- RETAIL & DISTRIBUTION
The group behind regional beds retail chain Mattressman continued to build its financial position through 2021/22 as it closed in on the final year of a company voluntary arrangement (CVA) agreed with creditors nearly five years ago.
- Details
- SUPPLY & WHOLESALE
The outlook for foam availability and pricing will be pegged to three main pillars through 2023, according to the trade association representing suppliers of polyurethane slabstocks used by the mattress and upholstery industry.
- Details
- RETAIL & DISTRIBUTION
Former Bensons for Beds, Heal's and Steinhoff executive Mark Jackson has been appointed CEO designate at Wilko, the national general merchandise and variety retailer.
- Details
- RETAIL & DISTRIBUTION
RH, the luxury U.S. furniture retailer formerly known as Restoration Hardware, has completed a new multimillion pound equity issue for its still-to-launch British business.
- Details
- RETAIL & DISTRIBUTION
A multi-site flooring retail and wholesale operation with warehouses across Scotland says rising costs have left it grappling with more challenging trading conditions.
- Details
- RETAIL & DISTRIBUTION
Marks and Spencer (M&S) is to relocate in Liverpool from its current location on Church Street to the former Debenhams department store in the city centre.
- Details
- SUPPLY & WHOLESALE
Fabrics group Panaz said the decision to diversify its existing supply chain led to more flexibility on cost and helped to shield it from geopolitical risk.
- Details
- ECOMMERCE
An East Midlands based ecommerce garden furniture brand could return despite its predecessor operating company folding leaving debts of almost half a million pounds.
- Details
- REGIONAL
Furniture retailer Cousins maintained margin and recorded seven-figure profits despite supply chain problems spanning raw material shortages, container delays, port congestion and a lack of HGV drivers.
- Details
- SUPPLY & WHOLESALE
Major U.K. lighting supplier Cascade says its target for the year ahead is liquidity rather than profit after a period in which it encountered cost headwinds.
- Details
- RETAIL & DISTRIBUTION
A full year without restrictions helped IKEA achieve record U.K. sales through 2021/22 but profits declined as costs trended upwards.
- Details
- SUPPLY & WHOLESALE
Designer Contracts, the £41 million supplier to the U.K. new build interiors sector, says it has improved and simplified its furniture and lighting packs for customers looking for turnkey solutions.
- Details
- RETAIL & DISTRIBUTION
Profits returned at group level for Arighi Bianchi through 2021/22 as the historic furniture and home retailer deleveraged during a period where sales reached their highest mark in four years.
- Details
- RETAIL & DISTRIBUTION
Outdoor furniture retailer Moda Furnishings has warned of a material softening in demand as market conditions became more challenging through 2022.
- Details
- RETAIL & DISTRIBUTION
Profits declined for CareCo, the expanding retailer of mobility products including riser recliners and adjustable beds, in a period in which it invested heavily in new store and distribution assets.
- Details
- RETAIL & DISTRIBUTION
U.K. furniture and lighting retail sales were up £181.5 million year-on-year in November as rising prices bolstered the impact of a skinny rise in volumes.
- Details
- RETAIL & DISTRIBUTION
Sam Perkins, the former retail md at home shopping group Very, has been appointed CEO at Loaf, succeeding founder Charlie Marshall who is to take up a new role with the furniture retailer.
- Details
- RETAIL & DISTRIBUTION
Britain's largest hardwood cabinet retailer Oak Furnitureland achieved revenue growth amid rising costs in the year to end June, and says the expansion of its upholstery offer has delivered an autumn boost.
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