Upholstery News
- Details
- UPHOLSTERY
Upholstery group Belfield has appointed a new chief financial officer, filling a role that has been vacant since the departure of former Vita Group finance director David Meltham late last year.
- Details
- UPHOLSTERY
Upholstered furniture manufacturer Whitemeadow cemented its position as the U.K.'s largest wholly-independent sofa maker last year, outperforming its domestic peers.
- Details
- UPHOLSTERY
DFS has signposted the expected financial costs associated with the planned closure of its 24,000sqft Long Eaton manufacturing site, the smallest of the retailer's three sofa factories.
- Details
- UPHOLSTERY
The buildout of the retail footprint of Sofology can lead to the brand becoming the second largest upholstered furniture retailer in the country, according to parent company and market leader DFS.
- Details
- BEDS & MATTRESSES
National retail chain Oak Furnitureland has launched its first upholstered storage bed range after a pilot programme that saw a near four-fold rise in online bed sales.
- Details
- RETAIL & DISTRIBUTION
Retail giant Dunelm said its share of the furniture market was flat through 2022/23 with gains in some big-ticket categories partially negated by weaker sales in others.
- Details
- UPHOLSTERY
Upholstered furniture manufacturer and retailer The Sofa Library is to double store numbers with the opening of a new store on the South Coast.
- Details
- UPHOLSTERY
Weak figures from key European source markets sent sofa imports to an eighth consecutive year-on-slide in July. Chinese imports also fell, but at a shallower rate.
- Details
- RETAIL & DISTRIBUTION
Profits declined from a record high for HSL last year as the upholstered furniture and beds specialist booked higher costs, outweighing the impact of double-digit sales growth.
- Details
- EVENTS
British Furniture Manufacturers (BFM) is moving its longstanding fabric show to a new dateline and venue and will run it alongside the inaugural Furniture Component Expo in 2024.
- Details
- UPHOLSTERY
Upholstery market leader DFS plans to consolidate production at its larger factories resulting in the planned closure of its Berkeley Magna plant in Long Eaton, and a nearby woodmill that supplies it.
- Details
- BEDS & MATTRESSES
The upstream mattress and upholstery supply chain has limited bad debt exposure following the reorganisation at the motion furniture group behind the MiBed and Hestia brands, according to new statutory filings.
- Details
- SUPPLY & WHOLESALE
U.K. factory gate furniture turnover declined at its sharpest rate in 29 months in July but the Office for National Statistic (ONS) says the previous three months were not as bad as originally reported.
- Details
- SUPPLY & WHOLESALE
Post-pandemic revenue recovered for the U.K. arm of high-end Italian furniture maker Poltrona Frau but higher costs weighed on the bottom line.
- Details
- UPHOLSTERY
Upholstery market leader DFS has agreed £250 million of new credit facilities in a refinancing that provides additional liquidity.
- Details
- RETAIL & DISTRIBUTION
More key figures have an equity stake in the Cotswold Company after a series of summer share issues that dilute the interest of the £93 million furniture retailer's longtime private equity backer.
- Details
- UPHOLSTERY
Sofa covers, re-upholstery and curtains company Plumbs made headcount reductions as it sought to find cost savings amid an increasingly challenging market last year.
- Details
- DEALS & FINANCE
Foam company Orsa Foam, a key supplier of semi-finished products for both the mattress and upholstered furniture sectors, is buying out its joint venture partner.
- Details
- UPHOLSTERY
Upholstered furniture giant Ekornes booked higher year-on-year revenue in the U.K. and Ireland in the second quarter of 2023 as it recovered from a slow start to the year.
- Details
- RETAIL & DISTRIBUTION
The group behind direct-to-consumer adjustable furniture brand Willowbrook has promoted from within for its new chief financial officer after the previous incumbent agreed to take a new role.
- Details
- UPHOLSTERY
Upholstered furniture vertical Arlo & Jacob is expanding its retail footprint with the opening of new showrooms in Cambridgeshire and Surrey in addition to a previously-announced store in Cheshire.
- Details
- UPHOLSTERY
Falling orders and rising costs meant Acclaim Upholstery was unable to service its debts ahead of the private label sofa maker being placed into administration earlier this summer, according to a new report by restructuring advisors.
- Details
- ECOMMERCE
Softer trading impacted the performance of the ecommerce company behind Italian upholstery and cabinet furniture brands SofaItalia and Oak World last year.
- Details
- EVENTS
BeA Group U.K. has become the second headline sponsor of Furniture Component Expo, the new trade show taking place next spring.
- Details
- UPHOLSTERY
Upholstery market leader DFS will later this year expand its footprint in the capital with a new store in the London Borough of Greenwich.
- Details
- UPHOLSTERY
One of the largest suppliers of foam and fibre interiors used in U.K. upholstery production battled upstream challenges ranging from price hikes to chemical shortages through 2021/22, according to new accounts.
- Details
- UPHOLSTERY
A second former colleague of CEO Rachael Nevins has taken a senior C-suite post at Westbridge and Tetrad owner Belfield amid a number of structural and functional changes at the private equity backed upholstery and soft furnishings group.
- Details
- RETAIL & DISTRIBUTION
Consumer prices rise for household furniture eased to their lowest level in over two years last month, but flooring inflation remains stubbornly high.
- Details
- UPHOLSTERY
A combination of weak demand and key stakeholders working stock levels back to historic norms meant sofa imports dropped by almost a quarter in the first half of 2023.
- Details
- COMMUNITY
Upholstered furniture retailer ScS has donated another £27,000 to Shelter, taking the total monetary value of its partnership with the homelessness charity north of £100,000.
- Details
- UPHOLSTERY
Expectations that sofa production will resume at the Acclaim Upholstery plant have been raised locally after actions taken by the company that acquired its assets in the past week.
- Details
- RETAIL & DISTRIBUTION
The opening of stores in the centre and periphery of London represented a multi-million pound investment in launching into the U.K. market for King Living, the upmarket Australian furniture retailer.
- Details
- UPHOLSTERY
The closure of a southeast England vertically-integrated upholstered furniture maker has left HMRC with an unpaid debt north of £500,000.
- Details
- UPHOLSTERY
Second quarter profits recovered for TCM Living as the upholstery group behind Dudley and Colchester sofa makers Ashley Manor and Alstons saw gross margin recover and mitigate lower sales.
- Details
- SUPPLY & WHOLESALE
U.K. furniture manufacturers' turnover declined for the fourth month in the past five in June and at its steepest rate since the start of 2021.
- Details
- UPHOLSTERY
Administrators handling the insolvency of Acclaim Upholstery have completed the sale of certain assets of the Long Eaton sofa manufacturer.
- Details
- UPHOLSTERY
South West England upholstered furniture manufacturer Kingcome Sofas booked higher profits in the past year thanks to rising sales and the non-repeat of certain costs.
- Details
- TRADE & INDUSTRY
Stakeholders including furniture retailers, manufacturers and wholesalers are being encouraged to provide their views on a proposed new approach to the fire safety of domestic upholstered furniture and furnishings.
- Details
- SUPPLY & WHOLESALE
Lower demand for U.K. made goods from Ireland, particularly mattresses, hit furniture exports ahead of the summer, according to new data. Upholstery exports held up stronger.
- Details
- UPHOLSTERY
Donna Bellingham has returned to the furniture industry after being appointed chief executive at heritage Yorkshire furniture manufacturer Shackletons.
- Details
- UPHOLSTERY
Danish upholstery conglomerate Hjort Knudsen recorded its first deficit in a quarter of a century last year as its manufacturing operations were disrupted by Russia's invasion of Ukraine. It says it is already trading profitably again.
- Details
- UPHOLSTERY
A near year-long slide in the number of sofa units arriving at U.K. ports came to an end in May after an increase in container loads of goods arriving here from China.
- Details
- UPHOLSTERY
Cousins Olivier and Antoine Roset have succeeded their respective fathers Michel and Pierre Roset as co-CEOs of Ligne Roset as the high-end furniture company enters a new phase in its near 100-year long history.
- Details
- UPHOLSTERY
The cost price of the average U.K.-manufactured sofa declined last year according to the Office for National Statistics (ONS) in a sign end users were trading down to more inexpensive models.
- Details
- UPHOLSTERY
Trentside Products, a key supplier of components to the U.K. sofa manufacturing sector, has agreed to buy fellow upholstery supplies business Allsave Textiles in a deal that expands its product offer.
- Details
- UPHOLSTERY
U.K. manufacturing group Dunham Massey has acquired sofa maker Ashwood Designs from its private shareholders in a deal that represents its second takeover in the furniture sector inside eight months.
- Details
- EVENTS
Upholstery and furnishings fabrics exhibition Proposte is returning to its historic late spring dateline for its 2024 edition.
- Details
- UPHOLSTERY
Sofa market leader DFS says it expects underlying 2022/23 profits to meet previous guidance despite the market being "significantly worse than expected."
- Details
- UPHOLSTERY
The layoff of the entire workforce of private-label sofa maker Acclaim Upholstery doesn't mean manufacturing operations will not be resurrected, according to people briefed on the situation.
- Details
- UPHOLSTERY
A Derbyshire sofa maker set up two years ago by the former works manager of one of DFS' largest manufacturing plants is looking to expand the scope of the business by collaborating in direct partnership with retailers for the first time.
- Details
- SUPPLY & WHOLESALE
Year-on-year furniture turnover at the factory gate declined for the second straight month in May according to figures out Thursday morning from the Office for National Statistics (ONS).
- Details
- UPHOLSTERY
All 128 employees of private-label sofa maker Acclaim Upholstery Company have been made redundant after the company was placed into administration last week, restructuring advisors have now confirmed.
- Details
- UPHOLSTERY
Employees of private-label Long Eaton sofa manufacturer Acclaim Upholstery were told of the company's insolvency at a meeting last week.
- Details
- RETAIL & DISTRIBUTION
Lord Kirkham, DFS founder and president of The Furniture Makers' Company, has been nominated to become the first Honorary Freeman of Doncaster since it was awarded city status.
- Details
- RETAIL & DISTRIBUTION
Upholstered furniture and flooring retailer ScS has followed DFS in withdrawing its four years' interest free credit (IFC) option, with qualifying customers now limited to a maximum three years instead.
- Details
- UPHOLSTERY
Sofa retailer ScS began a roll out of the Paloma Home upholstery collection across its retail stores on Monday, part of an exclusive tie-up with Paloma Faith, the singer, actor and creative director.
- Details
- RETAIL & DISTRIBUTION
Upholstery and flooring retailer ScS has named Mark Fleetwood as successor to outgoing chief financial officer Chris Muir. He takes up the role from early September.
- Details
- UPHOLSTERY
The parent company of upholstery brands Alstons, Alexander and James, Ashley Manor, and AMX Design has joined The Furniture Makers’ Company (TFMC), the City of London livery company and charity to the furnishing industry, as a corporate member.
- Details
- UPHOLSTERY
Wade Spring's output climbed by almost a third last year as the Long Eaton supplier fed high customer demand at the time from the upholstery and bedding manufacturing sectors.
- Details
- UPHOLSTERY
The management team that acquired Acclaim Upholstery Company just over three years ago are hoping to complete a restructure of the private-label Long Eaton sofa maker after it late last week filed a notice of intent to appoint administrators.
- Details
- UPHOLSTERY
Contract and domestic upholstered furniture company South West Upholstery has secured almost £1 million in new debt funding to build production capacity.
- Details
- UPHOLSTERY
Upholstery manufacturer Celebrity Motion Furniture has successfully completed its company voluntary arrangement (CVA) with a better-than-forecast return for its creditors.
- Details
- UPHOLSTERY
Upholstered furniture market leader DFS has re-energised its presence on a key Scottish retail park after moving into a larger store.
- Details
- UPHOLSTERY
Upholstery fabrics supplier Mobus found profit growth last year as wider gross margin helped counter the impact of a return to pre-Covid level output.
- Details
- UPHOLSTERY
A foam and fibre conversion business part-owned by one of the U.K.'s largest upholstered furniture manufacturers has returned to profit in the past year.
- Details
- UPHOLSTERY
The value of the worldwide upholstered furniture market is back to pre-pandemic levels but will still fall back in real terms this year, according to a respected source of global industry data.
- Details
- EVENTS
The Vita Group, the diversified supplier of foam, underlay and maker of finished mattresses, is to be the headline sponsor of the inaugural Furniture Component Expo.
- Details
- RETAIL & DISTRIBUTION
Upholstered furniture market leader DFS has revealed a new-look fascia as part of a remodel of one of its stores in the North West of England.
- Details
- BEDS & MATTRESSES
North West mattress and comfort seating products supplier Comfortex found top and bottom line growth in a year that saw it invest in third-party beds and sleep products brand Brook + Wilde.
- Details
- UPHOLSTERY
Upholstered furniture imports into the U.K. declined again in April on weak figures from all three of the country's largest trading partners in the category: China, Poland and Italy.
- Details
- BEDS & MATTRESSES
Recticel's U.K. comfort foams business is now in the hands of a Midlands-based investment firm after the Belgian conglomerate closed out the sale of the rest of its global engineered foam units to Carpenter for a revised-down price.
- Details
- SUPPLY & WHOLESALE
U.K. furniture manufacturers' turnover fell on a year-on-year basis for only the second time in 26 months in April, according to new Office for National Statistics (ONS) data.
- Details
- RETAIL & DISTRIBUTION
A major delivery company in the flatpack furniture and roll-pack mattress sectors filed a notice of intent to appoint administrators on Friday, leaving many retailers facing uncertainty regarding last-mile fulfilment. It followed a smaller rival doing likewise a day earlier.
- Details
- UPHOLSTERY
Upholstery brand Sofa.com will build its concession footprint back closer to pre-pandemic levels with the opening of a remodelled space later this autumn.
- Details
- RETAIL & DISTRIBUTION
A modest uplift in mattress sales helped the ecommerce channel return to growth in the first quarter of 2023. But weak store demand meant overall revenue across the wider furniture industry still declined.
- Details
- RETAIL & DISTRIBUTION
The operator of multiple franchised Natuzzi stores across the U.K. is to expand its presence in the Midlands with two new units alongside a new store for beds market leader Dreams.
- Details
- UPHOLSTERY
Jane Bednall is stepping down as a non-executive director at DFS Furniture later this month, the upholstery market leader announced Friday morning.
- Details
- UPHOLSTERY
Delcor, the manufacturer and retailer of premium sofas and armchairs, has launched into the riser recliner chair market in one of the biggest changes at the company since a takeover two years ago.
- Details
- UPHOLSTERY
The U.K. sofa industry faces a severe shortage of upholsterers in the next decade according to data that shows how around one in five of all exponents of the profession are fast approaching retirement age.
- Details
- UPHOLSTERY
Mobus Fabrics has opened a distribution office in North Carolina, describing it as a strategic move designed to better serve its growing regional customer base across the residential, contract and hospitality sectors.
- Details
- UPHOLSTERY
Natuzzi chairman Pasquale Natuzzi said revenue was "not at the level we aspire to" as the Italian upholstery conglomerate recorded a €3.3 million net loss for the first quarter of 2023.
- Details
- UPHOLSTERY
Upholstery brand Zofa has followed its ecommerce launch earlier this year with the introduction of a flagship showroom in the North of England.
- Details
- UPHOLSTERY
Norwegian furniture conglomerate Ekornes has appointed experienced branded consumer goods leader Tine Hammernes Leopold as its new CEO.
- Details
- SUPPLY & WHOLESALE
Shares in the Chinese furniture group that acquired Norwegian furniture giant Ekornes back in 2018 have fallen to their lowest level since an IPO nearly a decade ago.
- Details
- UPHOLSTERY
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.
- Details
- UPHOLSTERY
The Far East upholstery manufacturer behind the Kuka brand booked higher profits last year despite revenues coming under pressure.
- Details
- RETAIL & DISTRIBUTION
ScS has added two new Snug concessions to its store network as it continues to build out the retail footprint of the brand it acquired at the turn of the year.
- Details
- TRADE & INDUSTRY
Homeserve Furniture Repairs has rebranded as Emmiera Group in a transformation designed to better reflect both its values and its wide-ranging activities that transcend its core furniture repair services.
- Details
- UPHOLSTERY
Upholstered furniture and beds retailer Willow & Hall maintained bottom line momentum as it built on a return to profit with another gain last year.
- Details
- SUPPLY & WHOLESALE
Corporate reorganisation follows spring 2022 takeover by Norwegian furniture conglomerate.
- Details
- TRADE & INDUSTRY
Exports of core furniture products such as mattresses, sofas and dining sets inched higher in the first quarter of 2023, rising to the highest level in four years.
- Details
- UPHOLSTERY
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.
- Details
- SUPPLY & WHOLESALE
A £7.4 million rise in revenue failed to lift profits at a London based contract furniture provider as it grappled with rising shipping and product costs through 2021/22.
- Details
- UPHOLSTERY
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.
- Details
- TRADE & INDUSTRY
Raw material price inflation has eased only to be usurped by rising costs elsewhere, according to a poll of U.K. producers by the British Furniture Manufacturers (BFM).
- Details
- UPHOLSTERY
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.
- Details
- UPHOLSTERY
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.
- Details
- UPHOLSTERY
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).
- Details
- SUPPLY & WHOLESALE
Higher prices and the completion of winter sales orders kept U.K. furniture factories busy as turnover at the factory gate reached an all-time high landmark in March.
- Details
- RETAIL & DISTRIBUTION
The write-off of a related party loan was behind furniture and flooring rental retailer Pay Weekly Carpets & Vinyl reporting a loss last year despite rising output from its in-house sofa manufacturing unit.
- Details
- RETAIL & DISTRIBUTION
The owner of contemporary sofa maker Roger Lewis is overseeing the distribution of The Conran Shop’s exclusive in-house designs to the U.K. commercial market after it formed a strategic alliance with the high-end design retailer.
- Details
- UPHOLSTERY
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.
- Details
- UPHOLSTERY
South Wales upholstered furniture manufacturer Ashwood Designs has appointed Gary Thompson as sales director.
- Details
- COMMUNITY
Upholstery and flooring retailer ScS is partnering Shelter, the housing and homelessness charity, by supporting the organisation’s work with donations of cash, unwanted products, and time.
- Details
- UPHOLSTERY
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.
- Details
- BEDS & MATTRESSES
Industrial conglomerate Recticel says foam company Carpenter has communicated its intent to pay less than had been previously agreed to acquire its Engineered Foams business.
- Details
- UPHOLSTERY
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.
- Details
- FURNISHINGS & ACCENTS
Fabrics and wallcoverings supplier Sanderson Design Group shrugged off the impact of flat sales and rising input costs to find profit growth in the year to January 31, 2023.
- Details
- UPHOLSTERY
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.
- Details
- UPHOLSTERY
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.
- Details
- UPHOLSTERY
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.
- Details
- RETAIL & DISTRIBUTION
James Heese, commercial director at ScS, has been elected to the board of the British Furniture Manufacturers (BFM) with a brief to support the trade association's new retail membership category.
- Details
- BEDS & MATTRESSES
The multi-million pound launch of Strandfoam U.K. into the British market has driven down prices in the foam supply sector and disrupted the status quo, according to its owner.
- Details
- UPHOLSTERY
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.
- Details
- TRADE & INDUSTRY
Consumer price inflation for household furniture eased to a 19-month low in March while input cost inflation at the furniture factory gate fell to its lowest level in over two years.
- Details
- UPHOLSTERY
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.
- Details
- UPHOLSTERY
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.
- Details
- UPHOLSTERY
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.
- Details
- UPHOLSTERY
Upholstered furniture vertical Arlo & Jacob is to expand into northwest England with the opening of a Cheshire showroom later this year.
- Details
- RETAIL & DISTRIBUTION
Upholstery retailer Sofology has taken over the whole of the top floor of Redbrick Mill with the launch of a new concept lifestyle store branded Sofology The Edit.
- Details
- UPHOLSTERY
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.
- Details
- RETAIL & DISTRIBUTION
More than half of the vast roster of Natuzzi furniture stores around the world are now located in China, the company revealed on Thursday after a raft of new openings by its joint venture partner in the past year.
- Details
- UPHOLSTERY
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.
- Details
- TRADE & INDUSTRY
The value of U.K. furniture manufacturing turnover declined on an annual basis for the first time in two years in February, official data out Thursday morning showed, but January figures were better than first reported.
- Details
- RETAIL & DISTRIBUTION
Furniture maker and retailer HSL has opened its first store in north London with the launch of a new concept flagship format in Hendon.
- Details
- UPHOLSTERY
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.
- Details
- UPHOLSTERY
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.
- Details
- UPHOLSTERY
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.
- Details
- UPHOLSTERY
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.
- Details
- UPHOLSTERY
Rising costs countered higher sales for upholstery and drapery fabrics supplier Warwick last year while cash declined after a large share buyback.
- Details
- UPHOLSTERY
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.
- Details
- UPHOLSTERY
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.
- Details
- UPHOLSTERY
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.
- Details
- TRADE & INDUSTRY
Industry news from Tapi Carpets, BFM, Whitemeadow and The Branded Furniture Company; and Silentnight.
- Details
- EVENTS
20 U.K. exhibitors will show at Interzum next month as the manufacturers' event returns with sustainability high on its agenda after a four-year absence.
- Details
- UPHOLSTERY
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.
- Details
- RETAIL & DISTRIBUTION
Upholstery and flooring retailer ScS is to evaluate how consumers respond to DFS cutting its interest free credit offer by 12 months earlier this month, but says its own focus will remain offering optimum value.
- Details
- RETAIL & DISTRIBUTION
The CEO of ScS says the the upholstery retailer, which is flush with cash and has no debt, would give serious consideration to vertical integration if the right opportunity was passed across his desk.
- Details
- UPHOLSTERY
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.
- Details
- RETAIL & DISTRIBUTION
Cash continued to build at ScS in the first half of its financial year despite the upholstery and flooring retailer recording a bigger net loss compared with last year.
- Details
- RETAIL & DISTRIBUTION
The acquisition of Sofa Workshop weighed heavy on the principal U.K. trading arm of international furniture brand Timothy Oulton ahead of the historic upholstery retailer's subsequent closure.
- Details
- RETAIL & DISTRIBUTION
Three major home furnishings retailers have agreed 10-year leases to occupy stores in the redeveloped former Toys R Us unit at the Metro Retail Park, Gateshead.
- Details
- RETAIL & DISTRIBUTION
Creditors of Mark Harris Furniture, the furniture wholesale and retail company whose assets were sold via a prepack buyout last month, were owed more than £14 million at the time of the restructure.
- Details
- UPHOLSTERY
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.
- Details
- RETAIL & DISTRIBUTION
The famous four-year's interest free credit (IFC) offer of DFS is no more after the upholstery market leader cut the maximum term customers can take to repay by a full 12 months, citing rising costs.
- Details
- UPHOLSTERY
Board change comes as planned following a management buyout two years ago.
- Details
- UPHOLSTERY
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.
- Details
- UPHOLSTERY
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.
- Details
- UPHOLSTERY
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.
- Details
- RETAIL & DISTRIBUTION
The closure of a 17-store adjustable furniture and mobility products specialist spells bad news for a co-controlled ecommerce business, which faces the write-off of a large multi-million pound debt.
Stay informed. Subscriptions start from less than £2 per week: