Britain's sofa and mattress makers are being landed with a new wave of price increases from across the upstream supply chain according to correspondence seen by The Furnishing Report. Some suppliers are also on allocation.

More than 50 jobs have been lost after a privately-owned mattress manufacturer folded earlier this month leaving debts of a little over £2 million.

Private equity backed foam supplier Vita Group has revealed it invested tens of millions of pounds acquiring mattress maker Usleep from the Belfield Group last year.

A U.S. advisory firm has been hired to find a third-party buyer for Recticel's comfort foam operations in the U.K. in a move designed to end an antitrust probe.

The sales director of Recticel's comfort foam business in the U.K. has left the business to head up the bedding division of one of its major rivals.

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

The buildout of Feather & Black's physical retail footprint took another step last week with the upmarket beds and bedroom furniture brand adding its fourth new store in 2022 so far.

Upholstery and beds vertical HSL repaid a £4 million bank loan two years ahead of time as it generated cash and traded strongly through the rump of the pandemic.

Platt & Hill, a supplier of foam and fibre fillings products to the beds and upholstery manufacturing sectors, slipped to a loss last year as higher costs outweighed the benefit of increased output.

The National Bed Federation (NBF) named the winners of its 2022 Bed Industry Awards on Tuesday night with both Dreams and Glasswells two-time winners among 11 awards handed out in all.

The owner of the company behind the Yark Beds online beds business has acquired an outdoor products and garden furniture ecommerce website following an insolvent buyout.

A complaint to the U.K. advertising watchdog by German mattress company Emma has resulted in a rebuke for rival Simba Sleep regarding a price promotion it ran on its website.

Direct-to-consumer mattress and sleep ancillary products brand Eve Sleep says it will take the appropriate steps to preserve value for creditors if further funding or a firm offer to buy the business is not received soon.

The largest shareholder in publicly-listed U.S. mattress and bedding company Purple Innovation wants to buy the business outright in a deal that would value it at $362 million (£317m).

A share buyback concentrated the ownership structure of the North Wales manufacturing and retail group behind the Adjustamatic beds and upholstery brand last year.

Nine straight months of value growth mean foam and sprung mattress imports have broken through the £100 million barrier at an all-time earliest point in the year.

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

Award-winning independent retailer Surrey Beds has closed following a planned shutdown on the expiry of its lease. Its owner cited the prospect of rising costs as a disincentive to continue.

Furniture makers' output remained positive on a year-on-year basis during the height of the summer though growth was the weakest since lapping the start of the pandemic.

A Yorkshire beds retailer with a large ecommerce operation has added live video chat and appointments to its offer, improving options for online customers based far from its showroom.

Carpe Diem Beds, the Hilding Anders-owned Swedish bed brand, is expanding into the U.K. wholesale market as part of plans to increase its footprint in the British retail sector.

Half-year revenue was close to flat in Europe for the bedding giant behind the Mlily brand as global growth slowed after a double-digit uplift in the first quarter.

The circa £40 million retail business behind the Beds.co.uk ecommerce website is exploring diversifying into other home products beyond the bedroom.

Mattress distributor DBC International has signed a partnership deal with Adova that sees it become the exclusive distributor of Simmons' Generation and Beautyrest collections in the Netherlands and Flanders.

The probability that three major foamers will continue to serve the U.K. mattress and upholstery markets has increased after Carpenter and Recticel conceded the planned takeover of the latter's engineered foam unit would lessen competition.

Profits reached their highest level in five years for the East of England manufacturing group behind brands such as The Old English Bed Company and Mattison Contract Beds in 2021/22.

Recticel says the disposal of the business unit taking in its comfort foam activities serving U.K. mattress, sofa and direct-to-consumer brands will be delayed, possibly until the first quarter of 2023.

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.

More than 50 global furniture equities spanning market leaders in the U.K. and China saw the value of their shares fall on Tuesday on a grim day for the home furnishings industry.

The Competition and Markets Authority (CMA) has named the officials who will make up the inquiry group looking into the takeover of Recticel's Engineered Foam unit by Carpenter.

Furniture exports climbed in the three months to end June on the back of strong growth from the two largest buyers of U.K.-made goods.

The group behind the Oak Tree Mobility and Middletons brands bolstered its manufacturing capability with an under-the-radar acquisition of a motion furniture maker last year.

Millbrook Beds has agreed a three-year contract for Meachers Global Logistics to fully manage and operate its U.K. transport network on an exclusive basis.

National retailer Bensons for Beds has appointed the former group supply chain director of Dunelm as its new chief operating officer, the third person to hold the role since the start of the pandemic.

The value of mattress imports into Britain climbed for the eighth month straight in June but the figures belie a downturn in volumes since the late spring.

Specialist retail investment firm Alteri Investors is beefing up its support for Bensons for Beds with fresh financial backing as the 170-store beds vertical continues to deliver its transformation plan.

Growth slowed to its weakest level in over a year for U.K. furniture manufacturers in a sign production is catching up with the backlog from earlier high demand.

Pan-European retail group Beter Bed Holding is mulling the launch of a new bedding brand as part of its plan to build a nine-figure Internet business within three years.

The terms of an investment in the direct-to-consumer adjustable furniture brand Willowbrook have been disclosed for the first time following a venture capital backed buyout late last year.

EBITDA doubled to £2.18 million for the group behind an online vendor of mattresses from brands including Relyon, Jay-Be and Silentnight last year as it recouped sales lost during the pandemic.



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