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The managed wind down at South Yorkshire ready-to-assemble cabinet manufacturer Addspace Furniture has had knock-on effects for a co-controlled ecommerce retailer.
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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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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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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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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.
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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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A working capital borrowing facility secured against key assets of furniture, home and garden retailer Cox & Cox has been settled.
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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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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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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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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.
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An East Midlands based ecommerce garden furniture brand could return despite its predecessor operating company folding leaving debts of almost half a million pounds.
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Pooky, the multichannel lighting business set up eight years ago by Sofa.com co-founder Rohan Blacker, has recruited from the furniture sector for a new chief executive.
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Profits declined for the online dining furniture retailer behind the Atlantic Shopping ecommerce brand last year as a slump in sales revenue combined with a big drop in gross margin.
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The California company behind the Nectar mattress brand funded further U.K. growth last year ahead of a buildout of its direct-to-consumer business model into wholesale.
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There has been management and shareholder change at a North West England ecommerce mattress business widely hailed for its SEO credentials.
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A Staffordshire ecommerce business majoring in screen printed household textiles and other homewares has been placed into liquidation leaving creditors facing a seven-figure shortfall.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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A second six-figure equity issue inside four months has elevated the paper value of a prominent U.K. furniture search website.
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Ecommerce-led case goods retailer Top Furniture followed a breakout trading period through the pandemic with further gains in 2021/22.
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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.
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An ecommerce company that sourced and sold responsibly-sourced U.K.-made cabinet furniture that was promoted via social media channels such as Instagram has been placed into liquidation.
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South East high-end furniture, home and lifestyle retailer raises fresh seven-figure equity funding, valuing the business at £19.5 million.
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Panther Logistics has become the sole delivery partner for My Furniture, the East Midlands based furniture retailer that trades online and from a large Long Eaton showroom.
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Home goods giant Wayfair will delay market expansion plans in favour of reinforcing its position in the U.K. and Germany amid a tougher macro environment.
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A desire to shift excess inventory is encouraging furniture suppliers to lean into Wayfair's marketplace business model while end customers are showing signs of trading down as cost pressures mount.
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Sales at ecommerce brand Furniture Box jumped by two thirds through 2020/21 as it delivered high profits ahead of its expansion into new premises.
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Wayfair launched its first ecommerce store in Ireland on Monday morning, following through on plans we first reported in the autumn of last year (see related).
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Ecommerce shopping group N Brown said the shift away from home goods seen since the turn of the year is continuing and showing no signs of abating.
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High-end furniture brand B&B Italia, whose products are sold through third party dealers in the U.K., has launched an ecommerce store in one of its key international markets.
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Ecommerce retailer Furniture Box traded strongly through the pandemic as it recorded seven-figure profits ahead of an investment in a new purpose-built stock holding facility and expansion into new geographies.
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Fresh valuation for the company behind the Houseology and Olivia's ecommerce furniture and interiors brands up-rates the previous figure by nearly £18 million.
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Furniture retailer SoloMiya has left consumers facing a battle to recover down payments after it collapsed into liquidation. Its failure was confirmed in what was the industry's worst week since the start of the pandemic.
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Home and garden ecommerce giant Wayfair opened the first retail store under its AllModern fascia on Tuesday as it embarks on what its CEO has called the next stage in the retailer's omnichannel journey.
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Former Debenhams and New Look executive holds shares in direct-to-consumer bedding brand following spring 2022 transaction that uprates the company valuation.
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Home shopping retailer N Brown said pandemic-driven demand for home and gift categories has tempered but not before it had capitalised on the homeware boom through the past two years.
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Italian furniture conglomerate Calligaris Group is to launch a third ecommerce platform with the introduction of a direct-to-consumer website for its Connubia brand.
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The home and lifestyle ecommerce retailer behind brands such as Vonhaus and Spinningfield found profit growth last year in what it described as another period of "unprecedented challenge."
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Family-owned bricks-to-clicks retailer Bedstar bolstered its balance sheet in 2020/21, building cash to highest-ever recorded levels.
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International sales dropped by almost a third for Wayfair in the first quarter as the ecommerce giant lapped exceptional comparators and weathered weaker trading in Europe, where Russia's invasion of Ukraine has spooked consumers.
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Furniture, homeware, outdoor and lighting goods retailer Garden Trading has seen consumer demand soften since Easter as shoppers tightened their belts amid rising costs.
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Ecommerce retailer MattressNextDay will move into a new purpose-built warehouse, showroom and head office facility later this year.
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The group behind Furniture123, widely considered the U.K.'s first dedicated ecommerce furniture retailer, enjoyed bumper growth last year and a near four-fold rise in profits.
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Ecommerce retailer MattressNextDay has partnered with Ecologi, an environmental organisation that helps both consumers and corporates by funding projects that help reduce greenhouse gas emissions.
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New accounts for the company behind an Oxfordshire oak furniture ecommerce specialist suggest it enjoyed strong demand last year.
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Furniture and home conglomerate Wayfair has promoted one of the key executives behind its rise in the U.K. market to a new senior role.
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Internet furniture and homeware company Swoon reversed 2020 losses as it unwound a big order book to record seven figure profits last year.
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Ecommerce demand for home goods is trending lower and is unlikely to reverse in the near term according to the retailer behind the JD Williams and Home Essentials home shopping brands.
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Sales at furniture and home goods retailer Wayfair fell last year but the ecommerce giant says all the conditions remain for a long-term shift towards digital channels.
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An ecommerce-led furniture company with sales of nearly £14 million has refurbished its sole retail showroom.
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An online lighting retailer has ceased trading and filed for insolvency with consumers being warned that products they have bought may pose a serious risk of electric shock, fire or injury.
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The owner of Cox & Cox has returned to lead the fast-expanding online furniture and homeware retailer with the CEO who oversaw its growth through the pandemic stepping down.
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Mattress Online generated £4.09 million of EBITDA as revenue snowballed for the Rotherham based ecommerce retailer in the first year of the pandemic.
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The business and assets of a company behind brands including the Trueshopping garden, leisure and lighting website have been sold to a £22 million turnover Nottinghamshire retail and manufacturing group.
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Furniture and home décor retailer Maisons du Monde booked 15.1 percent delivered sales growth last year with uplifts across both its pan-European store network and online, where the U.K. is a key market.
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Ecommerce value retailer Studio Retail Group (SRG), which runs Internet shopping brands Studio and Ace, says it is exploring a range of options to meet a short-term working capital funding requirement.
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Expanding Spanish furniture and home décor retailer Kave Home grew sales 54 percent last year, during which it launched in the U.K. and expanded its international store and web footprint.
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Ecommerce retailer The Very Group is reorganising its category management structure including an adjusted brief for the boss of the merchandise unit taking in furniture and other home goods.
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Home and gift sales trended downwards in the final weeks of 2021 for ecommerce group N Brown, operator of brands including JD Williams and Home Essentials.
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Lapping pandemic-driven peaks meant home sales fell for digital retailer The Very Group, owner of the Very.co.uk and Littlewoods brands, in the period taking in Black Friday through to Christmas Eve.
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Consumers pivoting online helped the ecommerce company behind the Not On The High Street home and gift retail brand deliver a big turnaround in profits in the year that saw a controlling stake sold to U.S. investment firm Great Hill Partners.
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The company behind the Furniture and Choice ecommerce furniture retail brand saw revenue more than double during the height of the pandemic. Margins widened and profits also rose sharply.
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Home and garden ecommerce platform Wayfair is expected to build distribution capacity in Scotland and has been recruiting ahead of opening a new asset in a key location.
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National bedding and linen retailer Julian Charles says its online business has exploded after heavy investment in its digital proposition under its new owner.
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The ecommerce group behind the Houseology and Olivia's furniture and homeware brands saw revenue surge ten-fold ahead ahead of a seven-figure equity fund raise earlier this year.
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The East Midlands retailer behind the My Furniture ecommerce operation recorded a big uplift in cash and a seven-figure bottom line gain on apparent strong trading through 2020/21.
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The company behind the Slumber Slumber online beds and bedding business and prominent independent department stores in Northern Ireland and Wales found profit growth despite lower sales in the past year.
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LuxDeco, the high-end ecommerce interiors marketplace, has strengthened its senior leadership team with the appointment of Mike Massimi as chief customer officer.
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Mandated store closures gifted sales to ecommerce retailers through the early months of the pandemic but the momentum has slowed in 2021 as U.K. shoppers returned to brick-and-mortar retail environments.
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The U.K. arm of the wholesale and ecommerce group behind the furniture, home and garden brands Aosom and Homcom landed profits of £11.4 million last year after more than doubling sales.
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Changing consumer priorities contributed to a double-digit fall in furniture and home sales at Very Group in the 13 weeks to October 2, 2021 as more of its customers shopped fashion items.
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The pandemic gifted sales to many ecommerce operators but not furniture and home accents retailer Maisons du Monde, whose U.K. business reported declining output last year.
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Ecommerce retailer Mattress Online has reimagined its logo and brand identity, saying its refreshed look underpins a new set of company values.
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Ireland, already home to Wayfair operations and infrastructure serving the U.K. market, will be one of two new international territories the home ecommerce giant plans to launch into next year. It also plans to enter the next phase of its physical store strategy.
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Ecommerce retailer Domu Brands closed a transaction to become an employee-owned entity earlier this year, with most of the share capital now in the hands of co-workers.
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Big-ticket home categories were outsized growth drivers in 2020/21 for The Very Group, operator of the Very.co.uk ecommerce business and the legacy Littlewoods home shopping brand.
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Internet furniture and homeware retailer Cox & Cox has launched its first ever television advertising campaign against a backdrop of record financial performance for the ecommerce business.
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Midlands based ecommerce dining furniture retailer achieves net margin north of 20 percent.
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Furniture and accessories retailer Swoon has filed its first accounts since the assets of the brand's predecessor company were sold in a prepack buyout.
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An online furniture marketplace that filed for insolvency last month has no realisable assets and will leave creditors facing combined debts north of £600,000, according to a new report.
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The companies behind the home shopping brands Freemans and Grattan have seen a big shift to homewares since the pandemic started, citing changing customer needs amid extensive lockdown periods.
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A U.K. based ecommerce marketplace selling a wide variety of furniture and home décor that has had new backing since the spring has now been placed into liquidation.
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Sleep Solutions, the company behind U.K. direct-to-consumer pillow specialist Kally Sleep, has acquired Woven Rugs, an online rug and homewares marketplace trading as Woven.
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Ecommerce giant Wayfair has named a former senior executive at Amazon Germany as successor to Martin Reiter, who has left the home and garden retailer after nearly eight years running its European operations.
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Sanderson Design Group is to introduce a new direct-to-consumer (DTC) brand that will include a furniture element among its offer. It will have its own dedicated ecommerce website and sell additionally through Selfridges, the department store retailer.
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Ecommerce retailer U.K. Flooring Direct combined positive operating cashflow with new debt and equity funding in 2019/20 to boost its future growth prospects.
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The company behind expanding furniture search engine website Ufurnish (ufurnish.com) has raised almost half a million pounds from the issue of new shares in the business.
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Westwing, the pan-European home and lifestyle retailer that specialises in time-limited online sales, is to expand distribution capacity with a seventh warehouse.
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Ecommerce furniture, home décor and lighting retailer Cox & Cox maintained upwards sales momentum in its second quarter, though growth slowed as rival store-based operators reopened.
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Home24, the Berlin based furniture retailer that trades across seven European markets but not yet Britain, invested heavily in growth as sales jumped 47 percent in the first half of 2021.
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International markets continued their ascent for Wayfair in the second quarter as the ecommerce home giant posted a rare overall slide in sales on exceptional comparatives.
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A big bump in revenue in the first half has put international furniture and home décor retailer Maisons du Monde on target for record sales in the U.K. this year.
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Baby boomers buying garden furniture helped drive revenue during the pandemic for the home, garden and leisure retail group behind brands such as Scotts of Stow last year.
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North East cabinet manufacturer and retailer Funky Chunky Furniture has more than doubled sales as it benefitted from the channel shift to ecommerce and higher home furnishings spend.
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Officials at J.P. Morgan have exercised an over-allotment option to acquire shares in Made.com Group (MADE) as part of the furniture retailer's initial public offering (IPO).
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Owners of The Very Group, one of the U.K.'s largest retailers of furniture and home goods, have hired advisors to explore a possible initial public offering (IPO) or partial sale of the company.
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Privately-owned ecommerce retailer Furniture Box has agreed terms on a new distribution centre facility near its Wiltshire headquarters.
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Amara Living, the Essex based high-end interiors ecommerce retailer, has appointed Matthew Butlin to the newly-created role of chief technology officer.
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Cox & Cox, the fast-growing ecommerce furniture and homeware retailer, has appointed Paul Strudwick as marketing director.
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Ecommerce-led outdoor furniture retailer Moda Furnishings booked profits of £5.7 million at the EBITDA line after sales growth escalated in 2019–20.
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Buy It Direct, the ecommerce group that runs websites including Furniture123, has acquired Outdoor Living, a retailer that sells hot tubs, spas and gazebos.
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Revenue at ecommerce retailer Studio Retail Group jumped by a third in the year to end March with it citing furniture as a category that can help it raise average order values.
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The home shopping group behind brands including Home Essentials and JD Williams saw demand for home-related products slide as it annualised the positive impact on trade from the pandemic.
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The founder of a design studio that has won awards for its residential and commercial projects has launched a high-end furniture, lighting and accessories ecommerce brand.
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Apparel retail operations veteran Mark Higgins has joined Amara Living, the upmarket interiors and lifestyle ecommerce brand, as chief operating officer (COO).
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A Sussex based bedding and soft furnishings retailer set up in a garden shed four years ago has raised £6 million from venture capitalists as it looks to expand internationally.
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Bolda is a new Manchester based tech tool that enables furniture retailers to track and monitor competition and trends including pricing data on both branded and private label products.
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The Moot Group, the ecommerce retailer behind furniture, lighting and accessories brands Houseology and Olivia's, raised new seven-figure equity funding this spring.
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Premium-pitched bedding retailer Bedfolk has raised £1 million from the venture capital firm that has backed furniture retailer The Cotswold Company for the past five years.
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Revenue poured in for multinational furniture and home accents retailer Maisons du Monde in the first quarter but it cautioned it had limited visibility for the second half of this year.
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Made.com Design, the furniture retailer, is putting the final touches to plans to launch an Initial Public Offering (IPO) with an announcement expected as soon as this week.
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Sales more than doubled at online furniture and homeware retailer Cox & Cox in the first quarter of its 2021–22 financial year but its over performance and global supply issues put obstacles in its path.
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Sales growth accelerated for Home24 in the first quarter of 2021. The company is one of the biggest European furniture etailers currently without a U.K. presence.
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Holly Blay has joined Room To Grow, the Yorkshire based children's bedroom specialist, as head of buying with a brief to help it expand its product offer.
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Furniture retailer Made.com Design (Made.com) has agreed a partnership with Geev, the online marketplace where second-hand items can be donated and kept out of landfill.
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Blankets-to-bedlinen retailer Online Home Shop (OHS) will move into new purpose-built premises in Manchester next year, creating dozens of new jobs.
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Furniture retailer Loaf has partnered technology company Cylindo to launch high-quality 3D product visualisation and 4K zoom capability on its ecommerce channel.
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First quarter revenue advanced for ecommerce home retailer Wayfair with its international business boosted by store closures in the U.K. and the slow vaccine rollout in Germany.
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Ecommerce marketplace Notonthehighstreet Enterprises (NOTHS), the company behind Notonthehighstreet.com, has appointed Edward Wagener as its chief financial officer (CFO).
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The second Online Furniture Show begins today (April 26) with the backing of eBay, the Internet marketplace website, as its headline sponsor.
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The ecommerce group that owns Furniture123, often cited as the U.K.'s first online furniture retailer, has signed a deal for a new Midlands distribution centre and plans to scale two-person deliveries.
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Amazon is said to be mulling white glove furniture services in its domestic market, further treading on the toes of incumbent independent, multiple and online retailers in the big-ticket retail sector.
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Amara Living, the premium ecommerce interiors retailer, grew sales 54.1 percent in 2020 and says revenue has snowballed at twice that rate in the first three months of this year.
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Home furnishings giant Wayfair will soon run its third Way Day promotional event in the U.K., returning it to a spring dateline following a switch last year.
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Room To Grow, the Yorkshire based children's bedroom specialist, has increased the size of its teen furniture offer in response to rising search volumes across its ecommerce store.
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Newly-filed figures are indicative of strongly positive trading for the company behind the Oakworld.co.uk and Sofaitalia.co.uk ecommerce furniture websites through 2019–20.
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The company behind Ufurnish.com has appointed Pat McCann, the longtime CEO at Dalata Hotel Group, as its chairman.
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OnlyHome, a U.K. based ecommerce marketplace selling a wide variety of furniture and home décor from well known suppliers, is under new ownership.
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A profitable online furniture retailer that claims to be among the largest of its type across Central and Eastern Europe has tapped bond investors for more funds as it targets further expansion.
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The ecommerce group that acquired the IP of designer furniture and homeware retailer Houseology out of administration just over a year ago has seen its valuation fly following its latest equity issue.
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The conglomerate behind the West Elm retail fascia wants to double its international revenue by 2026 but has indicated it would not immediately look to add to its three dedicated U.K. showrooms.
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Higher online sales in the U.K. and other markets worldwide helped Maisons du Monde partly mitigate the impact of store closures across the globe last year.
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Continued top line growth last year helped ecommerce home and living giant Wayfair book its first profit since both its IPO in 2014 and its rebrand from CSN Stores a decade ago.
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The ecommerce group behind the JD Williams and Home Essentials ecommerce and mail-order businesses has hired Ron McMillan as chairman to replace Matt Davies, who will step down at the end of March.
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Pan-European home and living retailer Home24 said sales jumped 42 percent in 2020 with the German-based business getting this year off to an even stronger start.
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An online retailer behind multiple branded bedding websites slipped to a loss last year after higher sales costs hit margins.
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One in every three pounds spent on key furniture items such as sofas was spent online in 2020 as ecommerce surged and store sales fell sharply as a result of mandated shop closures and changing consumer behaviour.
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Office furniture conglomerate Herman Miller says the business has invested heavily in product adaptation and online with retail becoming more important amid work-from-home directives in key markets.
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Online home, garden and living retailer Cox & Cox continued to build out sales in 2019–20 with it citing rapid growth in the furniture category as a key driver.
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Furniture Village is taking the store experience to the customer's home with the launch of an immersive 3D virtual showroom, enabling customers to digitally walk through one of its shops.
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