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Upholstery brand Zofa has followed its ecommerce launch earlier this year with the introduction of a flagship showroom in the North of England.
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Norwegian furniture conglomerate Ekornes has appointed experienced branded consumer goods leader Tine Hammernes Leopold as its new CEO.
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Higher costs hit Buoyant Upholstery's profit margins during a period of supply chain upheaval in which the Nelson sofa maker said it managed to successfully keep disruption to customers to a minimum.
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The Far East upholstery manufacturer behind the Kuka brand booked higher profits last year despite revenues coming under pressure.
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Upholstered furniture and beds retailer Willow & Hall maintained bottom line momentum as it built on a return to profit with another gain last year.
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Upholstery conglomerate Man Wah Holdings booked lower profits through 2022/23 as the impact of cheaper raw material costs was countered by a drop in revenue.
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The value and volume of upholstered furniture arriving in the U.K. from overseas declined again in March, largely as a result of weak data from China.
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TCM Living, the upholstery group behind the Ashley Manor, Alstons and Alexander & James brands, found margin in the first quarter but lower revenue and one-off restructuring costs meant profits still declined.
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Upholstery giant Man Wah Holdings has been ordered to pay only a fraction of the damages a jury awarded last year after an intellectual property dispute with furniture components manufacturer Raffel Systems.
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The Branded Furniture Company (TBFC) agreed an extension to its furniture license with Orla Kiely ahead of new product being shown at its Open House Event this week (May 9–12, 2023).
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First quarter U.K. and Ireland revenue declined in line with the global trend for Stressless brand owner Ekornes in the three months to end March.
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South Wales upholstered furniture manufacturer Ashwood Designs has appointed Gary Thompson as sales director.
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A Scotland based ecommerce trader has become the latest supplier of upholstery to fall foul of the U.K. flammability regulations with four of its models said to present a serious fire risk.
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Profits declined at one of China's largest diversified furniture manufacturers last year as rising costs chewed away some of the benefits of double-digit revenue growth.
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The Chinese furniture group that acquired Stressless brand owner Ekornes in a highly-leveraged buyout back in 2018 has introduced a new private equity minority shareholder as part of a refinancing of the Norwegian company.
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Buoyant Upholstery, one of the U.K.'s largest sofa manufacturers, has invested over £215,000 on the installation of 700 solar panels on the roof of part of its Lancashire facility.
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The CEO of Natuzzi says the upholstered furniture giant is planning to offload more assets in deals akin to the disposal of a foam plant in southern Italy just over two years ago.
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Furniture retailer Loaf is to break store size records for the second time this year as it expands its footprint in the North of England later in 2023.
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Swarupa Pathakji, a longtime director of both value retailer Original Factory Shop and its private equity backer Duke Street, is to join the board of ScS as a non-executive director.
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The chief executive of the upholstery group behind G Plan, Parker Knoll and Duresta says supply chain challenges have eased and demand returned to normal, putting it on the path to improved profitability.
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The family of one of the great-grandsons of the founder of fabrics group Romo has bought out another great-grandson and his family in a transaction that concentrates ownership of the circa £100 million business.
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Upholstered furniture vertical Arlo & Jacob is to expand into northwest England with the opening of a Cheshire showroom later this year.
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Cheaper shipping costs failed to prevent an eighth straight slide in upholstery import volumes in the first quarter with all three major source nations sending less product to the U.K.
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Natuzzi recorded a net loss in the final quarter of 2022 citing higher interest rates as having increased borrowing costs as well as impacting consumer demand around the world.
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Upholstered furniture conglomerate Natuzzi has postponed the release of its fourth quarter and full year 2022 financial results because of further verification work required at its Chinese joint venture.
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Raw material price inflation and shortages impacted gross margin at Long Eaton sofa manufacturer Acclaim Upholstery through 2021/22 with it unable to immediately pass on rising costs to its largest customer.
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Keith Wilson, who was instrumental in the buildout of La-Z-Boy's U.K. expansion including the takeover of Colne sofa maker Furnico, is to retire.
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Duresta has opened a standalone Long Eaton showroom in a move that the prestige upholstery manufacturer hopes will provide an advantageous sales aid for its retail partners.
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Rising costs countered higher sales for upholstery and drapery fabrics supplier Warwick last year while cash declined after a large share buyback.
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The Chinese upholstery manufacturer that a decade ago owned and ran a British furniture retail chain has posted weaker profits as a result of a reduction in output across its diversified activities.
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The co-owned sofa-in-a-box brand Habbio and high-end upholstery business John Sankey have agreed new manufacturing licences after their hitherto production partner was placed into liquidation.
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Wider gross margin and rates relief helped the wholly-owned retail arm of Natuzzi, which represents just a small fraction of the Italian sofa maker's total U.K. business, to cut losses through the pandemic.
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The temporary closure of one of House of Fraser's department stores has reduced the number of concessions in the portfolio of Sofa.com, its co-owned sister retail brand.
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Sofa Club, the upholstered furniture retailer that sells online and through dedicated lounges in the walkways of U.K. shopping centres, has agreed a two-person home delivery contract with Panther Logistics.
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Relaunched modular sofa brand Snug has agreements in place with all three of its legacy upholstered furniture suppliers following its takeover by ScS earlier this year.
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Graeme Sutherland, the longstanding sales director at Ashwood Designs and respected stalwart of the U.K. sofa industry, has died, the upholstered furniture manufacturer has announced.
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Board change comes as planned following a management buyout two years ago.
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Profits fell 71 percent for DFS in the six months to Christmas Day with the upholstery market leader battling rising costs and a fall in sales.
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Trustpilot says Maker&Son "hasn't been playing by the rules" after the upholstery brand was said to have threatened reviewers with legal action regarding comments that had been made on its platform.
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Upholstered furniture imports cratered at the start of 2023, reflecting a combination of weak demand in the autumn when orders were placed, along with full warehouses across the U.K.
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Sofas from the three further upholstery collections sold under the Argos Habitat brand that didn't meet U.K. flammability regulations were also manufactured in Eastern Europe, it was disclosed late last week.
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Correspondence has been delivered to U.K. and mainland European industry suppliers to the legacy Maker&Son upholstery business telling them they will not be paid what they are owed after all, despite earlier pledges to the contrary.
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Upholstery manufacturer and retailer heads south for third consumer showroom.
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Argos has added sofas, armchairs and footstools from three further upholstery collections to a product recall first announced a month ago when it revealed SKUs from its Tammy programme didn't meet U.K. flammability regulations.
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Revenue growth helped mitigate raw material, labour and shipping cost pressures as the upholstery group behind the Ashley Manor, Alstons and Alexander & James businesses bolstered profits last year.
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The sofa-in-a-box company that pioneered a paradigm shift in the way entry and mid-level upholstery was manufactured and shipped has launched into the outdoor category.
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The just-agreed licensing deal between Maker&Son and The Hastings Sofa Company won't imperil outstanding orders or the interests of the existing supply chain, the upholstery brand says.
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The owners of The Hastings Sofa Company have agreed a deal with Inc. & Co for them to become the licensee of the Maker&Son brand in the U.K. and Ireland.
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Rising input costs countered an improvement in underlying demand at the U.K. upholstery factory acquired by U.S. furniture giant La-Z-Boy in the first financial period since its autumn 2021 buyout.
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Maker&Son suppliers with lorry loads of unpaid-for furniture waiting to be delivered to customers are braced for more change in the way the embattled upholstery brand operates.
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Consumers who bought sofas sold by Mark Harris Furniture that do not comply with U.K. flammability regulations are to be contacted directly by restructuring advisors after the company was placed into administration last week.
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Darren Baird and Joseph Baggott have joined upholstered furniture manufacturer Ashwood Designs as operations director and finance director respectively.
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U.S. upholstery conglomerate La-Z-Boy saw revenue inch forward in the three months to January 29, 2023 on the back of a stellar performance from its company-owned retail business in its domestic market.
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Delivered sales growth returned in the U.K. and Irish markets for Stressless upholstery brand owner Ekornes in the fourth quarter in an otherwise testing period that led to the downsizing programme announced in January.
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The value and volume of Chinese sofa shipments to the U.K. declined at the end of the year as buyers continued to turn to alternative manufacturing sources closer to home.
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Profits climbed at Sherborne Upholstery last year as the West Yorkshire furniture manufacturer broke a sales record that had lasted since the before the financial crash of 2008.
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A furniture investment company controlled by Ayiaz Ahmed, the businessman who sold the Collins & Hayes (C&H) brand for £2 million in 2017, has defaulted on the terms of a settlement agreed with a specialist litigation funder.
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Sofology has promoted Gisela Lancaster, who first joined the upholstery retailer from the home shopping retail sector nearly two years ago, to lead its buying team.
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Michael Tyler Furniture has appointed Kai Winders as managing director in a move that returns the South Coast sofa maker to its historic management structure, with a designer leading the company.
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Losses widened at upholstery brand Swyft as it continued to scale its business ahead of a later debt-for-equity swap that helped the company cut borrowing.
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Upholstery brand Sofa.com maintained high double-digit margin last year despite rising costs weighing against the impact of big sales growth.
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The upholstered furniture manufacturer behind brands including Sofas by Saxon and Timeless Chesterfields enjoyed the strongest financial year in its history through 2021/22.
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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.
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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.
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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.
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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.
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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.
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Direct-to-consumer and wholesale upholstery brand Sofacompany booked high profits despite margins taking a knock from the after-effects of Covid last year.
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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.
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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.
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Upholstered furniture company Kingcome Sofas has completed works at its Devon factory designed to boost capacity and make the business more productive.
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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.
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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.
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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.
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- UPHOLSTERY
Direct-to-consumer sofa business Maker&Son has made roles redundant as part of plans to restructure and stabilise the embattled upholstery retailer.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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Nichola Hornby Bell has joined West Midlands sofa maker Alpha Designs as sales director, succeeding Barry Webb, who will retire following a handover period.
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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.
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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.
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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.
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Revenue climbed by more than a third for Dudley upholstered furniture manufacturer ACL 2002 through 2021/22 amid rising costs that impacted profits.
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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.
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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.
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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.
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Upholstered furniture imports into the U.K. climbed at the start of the final quarter of 2022 despite continued sluggish figures from China.
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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.
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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.
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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.
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West Midlands supplier to the U.K. upholstered furniture manufacturing sector books strong profits.
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Upholstered furniture vertical Natuzzi has found a successor to chief financial officer Vittorio Notarpietro after a near 12-month search for a replacement.
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Southern Italian upholstered furniture brand Egoitaliano has a second U.K. monobrand store after a partner launched a new flagship showroom in Surrey.
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Upholstered furniture manufacturer Lebus appointed a finance director designate ahead of the retirement of longtime finance director Darrell Bettany last month.
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Upholstery and curtain fabrics wholesaler Fryett's booked larger profits through 2021/22 as the easing of Covid restrictions aided demand for its products.
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Quick-ship sofa-in-a-box brand Snug has launched The Maverick, its first fully modular and customisable upholstery programme.
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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.
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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.
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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.
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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.
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What's done can't be undone, for direct-to-consumer Stratford-upon-Avon sofa manufacturer.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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Sofa market leader DFS has added Laura Ashley to its roster of third-party brands with a collection of upholstered furniture.
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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.
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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.
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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.
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Nottinghamshire upholstered furniture producer Whitemeadow has promoted Alan Price in a move that also gives him a seat on the board of directors.
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Upholstered furniture manufacturer Vale Bridgecraft has resumed trading under new ownership after a three-month pause following the insolvency of its predecessor operating company.
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Nichola Hornby Bell, one of the highest-profile sales directors in the U.K. sofa industry, has decided to leave upholstered furniture manufacturer Westbridge.
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The private equity backer of sofa makers Westbridge and Tetrad has appointed a new group chief executive at parent company Belfield.
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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.
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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.
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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.
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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.
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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.
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Plumbs traded strongly post lockdown as the sofa covers, re-upholstery and curtains company narrowed its net loss and generated positive cashflow last year.
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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.
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- UPHOLSTERY
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.
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- UPHOLSTERY
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.
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- UPHOLSTERY
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.
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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.
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Expanding upholstery retailer Sofas & Stuff is to launch its third new store this year and its first in Surrey.
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- UPHOLSTERY
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.
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- UPHOLSTERY
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.
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- UPHOLSTERY
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.
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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.
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- UPHOLSTERY
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.
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- UPHOLSTERY
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.
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- UPHOLSTERY
Upholstery retailer Sofas & Stuff will open its 22nd showroom with the launch of a new unit in Leamington Spa, Warwickshire this weekend.
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The Cath Kidston brand has entered the furniture market with a programme of upholstery and beds being sold exclusively by sofa market leader DFS.
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- UPHOLSTERY
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.
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- UPHOLSTERY
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.
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- UPHOLSTERY
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.
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- UPHOLSTERY
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.
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- UPHOLSTERY
Second quarter profits declined at Stressless and IMG brand owner Ekornes as higher prices and increased deliveries could only partially mitigate against rising costs.
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- UPHOLSTERY
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.
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- UPHOLSTERY
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.
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- UPHOLSTERY
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.
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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.
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