Upholstery brand Sofa.com maintained high double-digit margin last year despite rising costs weighing against the impact of big sales growth.

The upholstered furniture manufacturer behind brands including Sofas by Saxon and Timeless Chesterfields enjoyed the strongest financial year in its history through 2021/22.

ScS, the U.K's second largest upholstered furniture retailer, said it has reversed negative order momentum to make gains since the start of winter, though cash reserves have declined through the period.

Fabrics supplier Blendworth International more than doubled its turnover through Covid after pivoting to making personal protective equipment (PPE) for the NHS. But the abrupt termination of a five-year contract started a spiral towards insolvency.

Sofa-in-a-box brand Swyft has eliminated millions of pounds of borrowing as part of a debt-for-equity swap and broader investment that will lead to TV exposure for the fast-growing upholstered furniture company.

Industry-wide supply chain issues resulted in operational challenges and a downturn in margin as profits tumbled for upholstered furniture supplier La-Z-Boy U.K. last year.

Upholstery retailer Sofas & Stuff is expanding its collaboration with the Victoria and Albert Museum (V&A) with the launch of a second collection, called Drawn from Nature.

Direct-to-consumer and wholesale upholstery brand Sofacompany booked high profits despite margins taking a knock from the after-effects of Covid last year.

The upholstery group behind the Ashley Manor and Alexander & James brands has begun a consultation with employees at its East Midlands factories as it explores a strategic proposal to transfer production to Dudley.

Furniture group Actona has revealed it paid well above book value for the takeovers of European sofa producers SITS and Theca last year in deals that made it one of the world's largest upholstery producers.

Upholstered furniture company Kingcome Sofas has completed works at its Devon factory designed to boost capacity and make the business more productive.

Six-figure profits helped bolster the balance sheet at Delcor in the first period since a change of ownership at the high-end upholstery business.

Upholstered furniture import volumes declined again on the back of continued weak data from China, the largest source of overseas-made sofas sold in the U.K.

Upholstery vertical Sofa.com has agreed a new third-party retail tie-up as it looks maintain and build its retail footprint amid the evolution of its concession network in sister chain House of Fraser.

Direct-to-consumer sofa business Maker&Son has made roles redundant as part of plans to restructure and stabilise the embattled upholstery retailer.

A handful of upstream raw material and semi-finished product suppliers face a shortfall on their debts following the insolvency of a small but long established sofa maker in the West Midlands.

A mid single-digit decline in order intake at DFS in the second half of the 2022 calendar year masks a big improvement in the past three months, according to the U.K. sofa market leader.

Former Tetrad owner and md Janus Cooper will join longtime colleagues Nick Murphy and Annabel Simmons as they introduce the Encore Sofa Company to a widespread trade audience for the first time this month.

Aberdare sofa maker Ashwood Designs has praised its customers after a period in which it saw record demand combine with unprecedented upstream supply chain disruption.

National retailer ScS is the new owner of modular sofa business Snug after it acquired the brand, domain names, website, intellectual property and stock from the administrators of the predecessor operating company.

The operating company of modular sofa brand Snug has filed a notice of intent to appoint an administrator as potential bidders such as ScS look to complete a deal for either the company or its assets.

Upholstered furniture retailer ScS is among the suitors targeting the acquisition of Snug, the sofa-in-a-box brand that built sales north of £30 million during the height of the pandemic.

Ekornes, the China-owned upholstered furniture maker and owner of the Stressless brand, is to shed about a quarter of its global workforce and consolidate its Far East manufacturing operations in response to the weaker market.

Nichola Hornby Bell has joined West Midlands sofa maker Alpha Designs as sales director, succeeding Barry Webb, who will retire following a handover period.

A secured lender to embattled upholstery business Maker&Son has filed a second notice of intent to appoint an administrator (NOI) as it seeks to protect its position.

Profits rose by nearly a fifth last year for the U.K. market leader in the supply of flame retardant fabric coatings for the upholstered furniture industry.

Upholstered furniture and floorcoverings retailer ScS has expanded its store footprint in the north of England with the opening of a ninth store in Yorkshire.

Revenue climbed by more than a third for Dudley upholstered furniture manufacturer ACL 2002 through 2021/22 amid rising costs that impacted profits.

West Yorkshire upholstered furniture distributor Scan-Thors (UK) said the acquisition of new production facilities in mainland Europe has helped provide surety of supply and negate input cost pressures.

A financial backer of embattled Maker&Son has filed a notice of intent to appoint an administrator in a move designed to protect its position following a series of issues described as beyond the upholstery business' control.

Direct-to-consumer upholstery brand Maker&Son is at the centre of a legal dispute following the sale of the business to a new financial sponsor earlier this year.

Upholstered furniture imports into the U.K. climbed at the start of the final quarter of 2022 despite continued sluggish figures from China.

G Plan is collaborating with British furniture restorer and television presenter Jay Blades for an upholstery and cabinet collection designed to take the brand to a wider customer profile.

Italian upholstery supplier Nicoletti Home is to introduce a new gallery concept to customers next month as it looks to further cement its presence in the U.K., where sales have trebled since the start of the pandemic.

A historic sofa manufacturer that also sells branded upholstery from its large retail showrooms in Buckinghamshire has filed a notice of intent (NOI) to appoint an administrator.

West Midlands supplier to the U.K. upholstered furniture manufacturing sector books strong profits.

Upholstered furniture vertical Natuzzi has found a successor to chief financial officer Vittorio Notarpietro after a near 12-month search for a replacement.

Southern Italian upholstered furniture brand Egoitaliano has a second U.K. monobrand store after a partner launched a new flagship showroom in Surrey.

Upholstered furniture manufacturer Lebus appointed a finance director designate ahead of the retirement of longtime finance director Darrell Bettany last month.

Upholstery and curtain fabrics wholesaler Fryett's booked larger profits through 2021/22 as the easing of Covid restrictions aided demand for its products.

Quick-ship sofa-in-a-box brand Snug has launched The Maverick, its first fully modular and customisable upholstery programme.

The South Wales sofa manufacturer that sold a majority stake to Halo Group's Andrew Martin International business last autumn rebuilt employee numbers to pre-pandemic levels in the past year.

Italian sofa conglomerate Natuzzi has hired a 20-year furniture executive with an architecture and retail design background with a brief to drive improvement across its own-run and third-party showroom network.

Upholstered furniture giant Natuzzi enjoyed a €9.2 million bottom line swing in the third quarter, but it cautioned of tougher times to come with shoppers worldwide rethinking their spending plans.

Roger Lunde has stepped down as chief executive at Ekornes with current chief financial officer Fredrik Ødegård Nilsen named as his interim successor until a permanent appointment is made.

What's done can't be undone, for direct-to-consumer Stratford-upon-Avon sofa manufacturer.

Direct-to-consumer upholstery brand Abakus Direct booked a second straight year of six-figure profits in 2021 as it continued to bounce back from a restructure four years ago.

Man Wah Holdings, the world's largest recliner company, booked higher profits in the six months to end September despite geopolitics impacting its manufacturing business in Europe.

Soaring inflation on overseas-made goods wasn't enough to prevent a first slide in the value of sofa imports in 20 months at the end of the third quarter. It followed weaker demand, with China bearing the brunt.

The upholstery group that owns Ashley Manor, Alstons, AMX Design and Alexander & James slipped to a third quarter net loss on lower demand, higher costs and the weaker pound.

The group behind the Stressless and IMG furniture brands booked lower revenue in the U.K. and Ireland in the third quarter as demand softened. Year-to-date numbers remain well ahead.

The Halo Creative & Design group acquired a stake in a second British sofa maker last year as it bolstered its U.K. upholstery manufacturing credentials, new filings reveal.

Sofa market leader DFS has appointed John Fallon as its new chief financial officer (CFO), succeeding Mike Schmidt, who left last month to join value retailer B&M.

Sofa market leader DFS has added Laura Ashley to its roster of third-party brands with a collection of upholstered furniture.

There were seven bidders in the frame for the historic Sofa Workshop brand ahead of its sale earlier this year, restructuring advisors have said in a new report.

Danish upholstery brand Sofacompany added new showrooms and absorbed input price pressures as it prioritised the top line over profits growth in the past year.

The upholstery manufacturing unit of retail giant Next recorded its highest ever output in the six years since it started production through the post-lockdown period.

Nottinghamshire upholstered furniture producer Whitemeadow has promoted Alan Price in a move that also gives him a seat on the board of directors.

Upholstered furniture manufacturer Vale Bridgecraft has resumed trading under new ownership after a three-month pause following the insolvency of its predecessor operating company.

Nichola Hornby Bell, one of the highest-profile sales directors in the U.K. sofa industry, has decided to leave upholstered furniture manufacturer Westbridge.

The private equity backer of sofa makers Westbridge and Tetrad has appointed a new group chief executive at parent company Belfield.

Chinese upholstery volumes almost halved at the end of the summer as some buyers looked elsewhere and others waited for goods held up by production delays because of Covid.

Profits returned despite one-off costs for sister sofa makers Westbridge Furniture and Tetrad as they recovered some of the revenue lost to the impact of the pandemic last year.

The chairman and founder of a Chinese upholstery manufacturing group that used to own a 22-store U.K. furniture retail chain has a new chief executive after the current incumbent stepped down.

Order intake is down double-digit in the past ten weeks but ScS says it is well placed to ride out the tightening economic backdrop with it having built a huge cash pile and no debt.

Adjusted profits jumped by a third at upholstery and soft furnishings fabrics group Romo last year as the company found growth in the U.K. and abroad.

Plumbs traded strongly post lockdown as the sofa covers, re-upholstery and curtains company narrowed its net loss and generated positive cashflow last year.

La-Z-Boy U.K. has promoted Richard Greenwood to managing director with current incumbent Mark Draper also seeing his status elevated. He has become vice president, International.

A slide in gross margin impacted the bottom line last year at upholstery group TCM Living, parent to Ashley Manor, AMX Design, Alstons and Alexander & James.

Southern Italian sofa conglomerate Natuzzi has bolstered its senior leadership team with three new hires, including two who join from luxury brands Versace and Louis Vuitton.

Natuzzi achieved high single-digit revenue growth in the second quarter but it could have delivered much more but for the enforced closure of its plant in Shanghai as the Chinese Government tried to keep a lid on Covid infections.

New borrowing and operating cashflow helped the privately-owned Whitemeadow group fund heavy capital expenditure last year as the East Midlands upholstery manufacturer invested in production.

Expanding upholstery retailer Sofas & Stuff is to launch its third new store this year and its first in Surrey.

Upholstery and flooring retailer ScS has named John Walden as the successor to non-executive chair Alan Smith, who will retire in just over a year from now.

Sofa manufacturing group TCM Living has recruited two well-known furniture industry executives to fill senior managerial posts at its Ashley Manor Upholstery and Alexander & James business units.

Profits declined at sofa maker Lebus Upholstery last year as the Lincolnshire manufacturer grappled higher labour and raw materials costs in the year of its sale to employees.

London based upholstery retailer The Sofa & Chair Co has seen its liabilities slashed after HM Revenue & Customs backed a company voluntary arrangement (CVA) that sees millions of pounds of debt compromised.

Adriana, the central European upholstered furniture maker and DFS supplier, upped its stake in the U.K. sofa chain on Monday, following up on its initial disclosure last week.

The value of sofa imports climbed for a 19th straight month in July despite continued poor data from the U.K.'s largest trading partner in the category.

Upholstery retailer Sofas & Stuff will open its 22nd showroom with the launch of a new unit in Leamington Spa, Warwickshire this weekend.

The Cath Kidston brand has entered the furniture market with a programme of upholstery and beds being sold exclusively by sofa market leader DFS.

Shares in DFS climbed to their highest level in nearly four weeks as the U.K.'s largest upholstered furniture retailer reacted to Polish sofa maker Adriana acquiring shares in the business.

The sofa group behind the Ashley Manor and Alexander & James brands is preparing for the planned departure of group creative director Scott Coggan, one of the highest-profile designers in the upholstery sector.

Sofa Brands International, parent to many of the largest upholstery brands in the U.K., is undergoing a restructuring process that has resulted in the departure of a number of senior executives, and other officials being handed new roles.

Upholstered furniture maker and retailer Arlo & Jacob is shifting its headquarters to the East Midlands in a move that will result in the closure of its former base in West London.

Second quarter profits declined at Stressless and IMG brand owner Ekornes as higher prices and increased deliveries could only partially mitigate against rising costs.

One of the world's most famous furniture and product designers has lent his creative skills to a new sofa model launching in the U.K. this week.

The Shanghai-listed upholstery group behind brands spanning Kuka and Rolf Benz among others shrugged off the impact of local Covid measures to find top and bottom line growth in the first half of 2022.

Refund requests outstripped sales revenue on some days during the worst of the supply chain crisis according to administrators handling the fallout from a once prominent ecommerce upholstery business.

Rising prices and increases in the value of both domestic production and imports helped the U.K. sofa market reach an all-time highest value last year, beating the previous record set in 2016.

June saw the first increase in the quantity of upholstery shipped into the U.K. from China since the turn of the year as overall volumes continued their long-running ascent.

Upholstery brand Arlo & Jacob is launching a debut programme of handcrafted rugs designed by Julie Smith, its chief stylist and creative partner.

Hardwood cabinet chain Oak Furnitureland is adding new sofa ranges, ways to pay and product guarantees as part of a plan to build market share in what it called its growing upholstery business.

Kellie Oliver has been appointed managing director at upholstered furniture supplier AMX Design, parent company TCM Living announced Monday.

First half profits returned for the upholstery group behind the Alexander & James, Alstons and Ashley Manor businesses as it built sales momentum from the first quarter into the second.

London based furniture company Andrew Martin International acquired a majority stake in a South Wales sofa manufacturer late last year, shortly before changes in its own ownership structure.

Direct-to-consumer upholstery brand Maker&Son is understood to have found a new investment partner after closing in on a deal that ushers in a new era at the circa £25 million business.

At the turn of the century upholstered furniture maker Vale Bridgecraft had more than 600 stockists, comprising many of the finest independent retailers across the U.K. and Ireland.

An eight-day strike at the U.K.'s largest container port is likely to impact the upholstery sector more than others across the home furnishings industry.

Restructuring advisors have been called in to a 75-year-old upholstered furniture vertical that sells through a mix of its own-branded and run showrooms and via third party stockists.

Colin Day, the founder and previous owner of upholstered furniture manufacturer Whitemeadow, has died after a prolonged battle with cancer, his family has announced.

U.S. headquartered upholstered furniture giant La-Z-Boy has disclosed the terms of the buyout of the Colne sofa maker Furnico—its longtime U.K. manufacturing partner—for the first time.

Sales jumped £4.1 million for Long Eaton upholstered furniture manufacturer as it narrowed losses.

Upholstery destined for customers of Maker&Son is being held back because of slow payment by the £25 million direct-to-consumer brand, which last night made a new court filing that gives it breathing space from creditors.

Upholstered furniture shipments into the U.K. jumped sharply at the height of spring as retailers here began to receive goods ordered weeks and months earlier.

A major upholstery group that fell into administration two years ago should have been alerted far earlier to the imperilled financial situation of its largest customer.

Experienced furniture industry executive Simon Davies says he is excited and energised to be joining TCM Living, the sofa group behind brands including Ashley Manor and Alexander & James.

The managing director of Mobus Fabrics says its sustainable, environmentally friendly flame retardant coating GreenFR has created a buzz in the retail sector and is now the main FR finish applied by the West Yorkshire supplier.

Multichannel upholstery retailer Designer Sofas For You (DesignerSofas4u.co.uk) sits within a new corporate structure after its shareholders reorganised their business interests.

La-Z-Boy U.K. is sponsoring a family-friendly music festival taking place in the Lake District later this month where headline acts include Stereophonics, Supergrass and The Kooks.

The founder and CEO of Sofas & Stuff says the expanding upholstery retailer will build on growth last year with more good results in 2022 despite a weakening market.

Creditors have backed a company voluntary arrangement (CVA) that puts an end to a two-year administration process for a one-time £55 million upholstery group.

Upholstery vertical Sofa.com has followed the opening of its new store in York with more new space as it presses ahead in partnership with sister retail brands. Sofas & Stuff is also expanding with a new East Midlands store.

North West upholstered furniture manufacturer Buoyant will book a sharp decline in profits in the year to September 2022 after higher raw material costs combined with recruitment challenges.

Man Wah Holdings says the company will appeal after a jury awarded more than $100 million in damages for the alleged infringement of a former supplier's intellectual property. A judge will now decide the actual figure, likely to be a fraction of that amount, pending an appeal.

Upholstered furniture brand Snug has launched a new eco-friendly sofa cover option across its entire programme of sofa models.

Top-of-the-market upholstered furniture maker George Smith recorded a fourth straight bottom line improvement and third consecutive profit as it traded strongly last year.

Upholstered furniture manufacturer Roger Lewis is to concentrate its activities in the contract arena following a restructuring process that sees it exit the retail sector.

Actona has agreed to buy Polish sofa maker SITS in a deal that means the design, wholesale and manufacturing group has added about £180 million in upholstery revenue through acquisitions in the past year alone.

Upholstery import volumes from China fell by almost a quarter in April as retailers and wholesalers grappled with the rising cost of shipping products in from the country.

Man Wah Holdings, the world's largest motion furniture maker with operations across the Far East and Europe, is considering the spin-off or separate listing of a component subsidiary.

Well-known upholstery industry executive Daniel Feltham-White has acquired sought-after intellectual property of historic retail brand Sofa Workshop.

Upholstery supplier Nicoletti Home is building further manufacturing capacity nears its southern Italy headquarters with a new factory coming on stream in the next month.

Upholstered furniture chain Sofology has timelined the planned opening dates of both of the latest locations in its new store pipeline.

Italian upholstered furniture giant Natuzzi says it has been scouting new vendors in more stable geographic areas as it looks to plot a course through supply chain challenges.

Sofa company Arlo & Jacob is to be the lead sponsor of the National Premier League tennis finals at the historic St George's Hill Lawn Tennis Club in Surrey.

The insolvency of a direct-to-consumer upholstered furniture company making armchairs, sofas and dining chairs from its factory in the Cotswolds leaves creditors, chiefly the bank, facing a shortfall.

Gilles Bonan, the former chief executive and chairman at French furniture group Roche Bobois, has been appointed to the board of Natuzzi.

U.K. upholstery group TCM Living found big sales growth in the first quarter of 2022 on the back of increased demand and the delivery of orders carried over from the end of last year.

Revenue from European markets including the U.K. have jumped by half for upholstered furniture conglomerate Man Wah Holdings in the past year, driven largely by output from its Far East factories.

Italian and Polish sofa factories led a sharp increase in imports at the end of the first quarter with the total value of upholstery arriving at U.K. ports up by more than £50 million compared with last year.

Natuzzi, the Italian upholstered furniture conglomerate, has sold a fifth of the Singapore based business unit that runs its non-Chinese stores in the Asia-Pacific region under a plan to expand its retail footprint. The deal was first disclosed last year (see related).

The U.K. and Ireland distribution arm of global motion furniture giant La-Z-Boy found cost savings in the early stages of trading through a market upended by Covid restrictions.

David Roberts has been named chief financial officer at TCM Living, the upholstery group that owns Ashley Manor, Alexander & James, Alstons and AMX Design.

A British company incorporated in December 2020 has been told to change its name after an objection raised by Italian furniture giant Natuzzi.

The group behind G Plan, Parker Knoll and Collins and Hayes found big growth and a profit turnaround in a second year heavily impacted by Covid with its CEO saying further gains will follow this year.

Restructuring advisors looking to raise cash for the creditors of Sofa Workshop should soon be in a position to name the new owner of the brand after the deadline passed for bidders late last week.

Upholstered furniture retailer Sofology has hired a former Currys and Ralph Lauren executive to the newly-created role of digital and business development director.

Colne upholstered furniture maker Furnico found near double-digit sales growth in the last full year before the business was sold to U.S. giant La-Z-Boy in the autumn.

Upholstery imports into the U.K. jumped by more than a quarter in February despite weak figures from China.

Furniture giant Natuzzi has turned to the office furniture sector for the leader of its newly-formed Furnishing and Accessories business unit, which it hopes will boost order values across its retail network.

High demand and wider margins helped Italian furniture conglomerate Natuzzi enjoy a €30 million profit swing last year, with it saying it has continued to write strong business in the early part of 2022.

Officials at PwC will seek approval for another six-figure uplift in the fees its restructuring advisors have earned handling the insolvency of Fabb Sofas, the upholstery chain that ceased trading in June 2018.

Startup venture Homebound is targeting renters and frequent movers with monthly furniture packages spanning a full array of living, dining, home office and bedroom products.

A North West sofa wholesale business along with two connected companies including a retail business have been placed into liquidation.

Leaders, colleagues and family members at upholstered furniture maker Whitemeadow have raised money for The Furniture Makers' Company's Step2It campaign after completing a charity abseil.

West Yorkshire furniture maker Sherborne Upholstery said demand was high throughout the past year as it found profit growth against softer comparatives and supply chain challenges.

The chief executive officer of global upholstered furniture maker Man Wah Holdings has left the company and will be replaced by its majority shareholder and founder.

Wider margin and higher sales helped upholstery vertical Sofa.com record highest-ever profits last year as it put behind it a long-running series of trading losses.

Italian sofa maker Nicoletti Home says meeting customers' delivery expectations was among the three principal factors that helped it achieve high U.K. and worldwide growth last year.



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