Upholstery News
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Italian upholstered furniture conglomerate Natuzzi has appointed Giuseppe Cacciapaglia as replacement for Vittorio Notarpietro pending a search for a new permanent chief financial officer.
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Man Wah Holdings, the Hong Kong listed upholstery producer, is to build a new factory in Wuhan, China that will becomes its manufacturing base in the centre of the country.
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U.K. furniture manufacturers' combined turnover climbed for the ninth month straight in November, new figures released Friday morning show.
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Hydeline Furniture, the Buckinghamshire upholstery producer and distributor, has appointed Jonathan Burrage as its new managing director, succeeding Harvey Roberts in the role.
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Upholstery group DFS has named the new managing director for its Sofology retail chain, succeeding the brand's CEO Sally Hopson, who left after retiring last year.
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Paul Myerscough has been promoted to managing director at North Wales upholstery manufacturer Westbridge Furniture, a major supplier to national, DTC and independent retailers.
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West Midlands upholstery manufacturer ACL 2002 built on a return to profit last year but says it is facing intense cost pressures and labour shortages because of Covid-19.
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Furniture and homeware company Swoon has become the latest third-party brand to have its products offered on the platform of DFS, the U.K.'s upholstery market leader.
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Rise-and-recline upholstery producer Celebrity Motion Furniture says it is optimistic it will clear the remainder of its CVA debt in the next year, saying the business has continued to prosper since its restructure.
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ScS, the national upholstery and flooring retailer, has relocated its Doncaster store to a different retail park in the South Yorkshire town.
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Large upholstery retail warehouse Vine Mill Furniture is clearing stock ahead of its planned closure with owners instead to focus on the group's wholesale operations supplying other companies.
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Recticel shareholders have green-lighted the disposal of the company's mattress division to Aquinos, the Portuguese upholstery and bedding manufacturing conglomerate.
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Omnichannel furniture and homeware retailer Loaf plans to expand its store footprint into Scotland for the first time with the opening of a ninth showroom next year.
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Natuzzi has announced the resignation of chief financial officer Vittorio Notarpietro after 20 years service with the Italian upholstery maker and retailer across two separate spells.
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International furniture brand Timothy Oulton has in the past few days expanded its London store footprint with the opening of two further showrooms while its eponymous owner is now majority shareholder in Andrew Martin International, the high-end retail and wholesale company.
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Upholstery retailer Sofology has revealed two further new store locations for its 2022 pipeline as it continues to reconfigure its national network.
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Southern Italian upholstery manufacturer Incanto group will next month reintroduce its upmarket Incanto Italia brand to the U.K. and Irish markets after a multi-year absence.
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Moffett and Sons, the company behind the diversified upholstery, bed and cabinet manufacturer and wholesaler Balmoral Furniture, says it is on target to return to growth in 2021/22 after seeing sales and profits fall in the past year.
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A lack of skilled workers has forced furniture production wages higher, according to the British Furniture Manufacturers (BFM), the industry trade association.
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Upholstery and beds company HSL has strengthened its retail presence in the North West of England, with a new unit opening Thursday to the north of Manchester.
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Foam and industrials group Greiner is for now pressing ahead with plans to acquire what will remain of Recticel even though the Belgian company has agreed deals to dispose of two sizeable chunks of its business.
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North West upholstery and curtain fabrics wholesaler Fryett's widened gross margin in 2020/21 as it increased its market share in the supply of cut length products.
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The price of raw materials and inputs used in the production of furniture rose to another record level in November according to new figures from the Office for National Statistics (ONS).
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Upholstered furniture import growth slowed at the beginning of the final quarter despite continued robust figures from both China and Poland, the U.K.'s largest trading partners.
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Halo Creative & Design, parent to premium pitched furniture brand Timothy Oulton, has acquired a country house hotel comprising a 17th century manor after securing new finance worth tens of millions of pounds.
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British furniture manufacturers' combined turnover rose on an annual basis for an eleventh month straight in October, but fell against pre-Covid levels.
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Profits and cash climbed for the group behind adjustable beds and riser recline chair brand Willowbrook in 2020/21 ahead of its disposal to a venture capital and private equity group.
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Recticel has entered into a binding agreement to sell its Engineered Foam unit to Carpenter Company after shareholders yesterday backed the disposal of the division for €656 million.
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Adjustable furniture and mobility products retailer CareCo has acquired a warehouse near Leeds that will support its showroom rollout as it builds a national presence.
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The company behind entry-level sofa maker Wyvern Furniture leaves creditors with little prospect of a return after it was placed into administration and ceased trading earlier this autumn.
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Emerging upholstery company Swyft Home has secured a seven-figure supply chain finance deal designed to support business-to-business growth with third-party retailers.
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Upholstery giant Man Wah is to acquire a 55 percent stake in a Far East sofa maker that was once one of the largest in the region supplying U.K. furniture retailers.
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Airsprung Group was cash generative and boosted profitability in 2020/21 on the successful execution of a limited restructuring programme designed to "better align the needs of the business to the new reality."
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Italian upholstery giant Natuzzi said it continued to enjoy strong demand in the third quarter but supply challenges presented cost and operational headwinds. Strategic outsourcing is one of three strands to address those.
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National upholstery retailer Sofology has launched a new programme of sofas and chairs in collaboration with architect and TV presenter George Clarke.
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Upholstery and flooring retailer ScS said autumn order intake declined against tough comps while supply chain issues and changing consumer priorities are impacting demand. It has agreed deals with new U.K. suppliers to cut lead times.
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Sofa.com plans to maintain a physical store presence in the Harrogate area irrespective of whether proposals by Marks and Spencer (M&S) to re-occupy the upholstery vertical's existing store are approved.
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Britain's Buoyant Upholstery has been voted one of 11 pan-European winners of a Forest Stewardship Council (FSC) 2021 Furniture Award, which celebrates the producers of sustainable furniture.
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Retail giant Next continued to build headcount at its upholstery manufacturing unit in the past year, but output was lower on factory shutdowns. A write-down of assets hit profitability.
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Mandated store closures gifted sales to ecommerce retailers through the early months of the pandemic but the momentum has slowed in 2021 as U.K. shoppers returned to brick-and-mortar retail environments.
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Natuzzi Editions will open its largest U.K. store to date when it heads to Bristol next month. It is one of three imminent new showrooms for the Italian upholstery brand, including a first in Dublin, Ireland.
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The achievements of leaders at emerging and established home furnishings businesses were recognised at the Great British Entrepreneur Awards, whose 2021 winners were announced Monday night.
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Recticel has cranked up the pressure on shareholders to back the sale of its engineered foams business to Carpenter Co, saying the plan has the backing of independent advisory firms.
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A €370 million turnover upholstery and bed manufacturing group has agreed to buy Recticel's Bedding division, which makes finished mattresses and bed frames primarily sold into mainland European markets.
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Upholstered furniture and beds retailer Willow and Hall ended a company voluntary arrangement (CVA) ahead of plan after creditors agreed to a revised repayment proposal.
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Sofa import growth weakened in September but still grew on an annual basis for an eighth consecutive month on the back of increases from the U.K.'s two largest trading partners.
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Delivered sales continued to climb at the same rate in the third quarter as they did in the second in the U.K. and Ireland for Ekornes, owner of upholstery brands Stressless and IMG.
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Sofa market leader DFS has added Good Housekeeping to its roster of brand partners as it looks to drive average order value and conversion across its core business.
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The upholstery group behind the Alstons, Ashley Manor, AMX Design and Alexander & James brands continued to make top line gains in the three months to end September, but the inflationary cost environment hit profits.
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The group behind the Parker Knoll, G Plan, Duresta, Collins and Hayes and The Lounge Co upholstery brands is opening a new factory in Worcestershire as it looks to build capacity and future proof its requirements.
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Profits at Man Wah Holdings, the recliner and upholstery giant with factories across the Far East and Eastern Europe, climbed almost a third in the six months to end September as sales jumped to record highs.
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The value of furniture made in U.K. factories in September was over £27 million higher than any other month in history according to data released Thursday by the Office for National Statistics (ONS).
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Upholstery producers are reporting further input price pressures for foam after converters and other suppliers of semi-finished products were hit with increases on polyurethane block supplies.
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Gatemore Capital Partners, which describes itself as an activist investor that looks to create rather than just identify value, is said to be building a stake in DFS, Britain's largest upholstery retailer.
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Preston sofa cover and reupholstery company Plumbs has introduced a new ecommerce brand offering finished removable cover sofas, armchairs and accessories.
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A simple majority is all that is required for shareholders to approve the sale of Recticel's Engineered Foam unit to U.S. giant Carpenter.
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There is less than a month to go until Recticel shareholders will get to vote on whether to sell the group's Engineered Foams business, which includes its comfort foam operations, to Carpenter, the U.S. conglomerate.
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The price of key ingredients used in the flexible foam recipe have fallen in recent weeks, fuelling hopes among sofa and mattress makers that they may see their own costs ease as a consequence.
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Upholstery retailer Sofas & Stuff will open its fourth new store this year and 19th overall when it opens in a former Laura Ashley unit before 2021 is out.
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A leather, wood and fabric restoration product manufacturer that lists DFS, Harrods and John Lewis among its client roster has reduced its use of virgin plastic by 80 percent as part of an eco-drive to minimise its plastic packaging footprint.
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Sanderson Design Group (SDG) has appointed former John Lewis Partnership chief financial officer Patrick Lewis to its board as one of two new non-executive hires.
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Foam and fibre conversion business Breasley, a key supplier to U.K. furniture makers, has been formally renamed as Peak Converters to better reflect its 36-year manufacturing history.
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Foam company Recticel has again advised shareholders not to sell their shares under the offer from Austrian rival Greiner as management look to enact their own plan to divest parts of the group elsewhere.
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Buoyant Upholstery has becomes the first company in the furniture sector to join the Slave-Free Alliance, the social enterprise launched by global anti-slavery charity Hope for Justice with the aim of preventing worker exploitation in global supply chains.
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Upholstered furniture retailer Sofa Club, which sells online and through lounges in major English shopping centres, will launch its first physical presence in the Midlands next week.
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The British Furniture Manufacturers (BFM) has appointed an association leadership specialist as its new managing director while current incumbent Nick Garratt is to become its chairman.
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The proposed takeover of the comfort foam business of Recticel by its industry peer Carpenter raised eyebrows across many U.K. furniture industry boardrooms, right across the supply chain from manufacturers to retailers.
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Furniture wholesale giant Actona Group is to expand the scope of its global upholstery operations after agreeing the takeover of private equity backed Danish sofa maker Theca. More deals for other companies will follow, it said.
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La-Z-Boy U.K. has acquired North West sofa maker Furnico in a deal that gives the U.S. headquartered upholstery conglomerate manufacturing capability within Europe.
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Inflation figures released Wednesday made for grim reading. Consumers are paying over 10 percent more to buy furniture than they were this time last year, while manufacturers' input costs are increasing at twice that level.
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Upholstered furniture shipments continued to rise strongly at the height of summer despite lapping robust figures recorded in the aftermath of the first Covid lockdown.
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Revenue fell at all four of West Midlands and Essex upholstery group TCM Living's business units last year but three of them still managed to gain market share from their competitors.
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New figures from upholstery group TCM Living show its two largest retail customers—both major furniture chains—were responsible for 61.4 percent of its £100 million plus turnover through 2020.
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Venture capital and private equity group LDC says it has made a growth investment in mobility products group Kingswood, the owner of the Willowbrook adjustable beds and riser recline chair brand.
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Plumbs slipped to an overall loss last year but the sofa covers and reupholstery business said it enjoyed a very profitable fourth quarter after benefitting from pent-up demand post lockdown.
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British furniture manufacturers' combined turnover rose by a quarter against strong comparatives at the height of summer as the industry battled to meet surging demand.
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Carpenter Co, the U.S. headquartered industrial conglomerate, has made a binding offer for Recticel's Engineered Foam division, which includes its comfort foam business serving U.K. upholstery and bedding customers.
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The next phase in an intellectual property disagreement between two sofa companies, one in the U.K. and another in Ireland, is scheduled to take place this week.
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Home, gift and furniture wholesaler SIL generated cash and returned to profit last year as lower costs negated the impact of a fall in turnover.
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Customers pivoting away from the web and back to stores along with the collapse of Greensill Capital exacerbated an already perilous situation at Kidderminster sofa maker Wyvern Furniture.
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The company behind Kidderminster sofa maker Wyvern Furniture has ceased trading and been placed into administration. All of its employees have been made redundant.
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The principal U.K. arms of Carpenter and Vita, two of the big three comfort foam suppliers to Britain's bed and sofa manufacturing sectors, saw output and earnings fall amid the early months of the pandemic.
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Direct-to-consumer brand Swyft Home is to launch into the non-upholstered living room furniture category with its first cabinet products.
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Adjusted profits were up by half at ScS through 2020/21 as the upholstery and flooring retailer began unwinding its big order book resulting in a leap in delivered sales.
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Management actions buttressed liquidity and profits at national furniture retailer HSL in 2020 as its customer base was impacted by Covid-19 to a greater extent than other demographics.
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Existing local managers will oversee the business of iconic sofa brand Tetrad after the departure of its longtime md and former owner Janus Cooper, its parent company Belfield has said.
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Walking away from tens of millions of pounds worth of business with IKEA was a bold move but Westbridge is finding new custom elsewhere, with both emerging and longstanding customers.
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Belfield Group's upholstery businesses were more impacted by lockdown periods last year as its just-divested mattress unit delivered higher revenue amid the backdrop of the pandemic.
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The group behind the Adjustamatic brand returned to profit and generated cash last year as lower costs helped mitigate the impact of a decline in delivered sales.
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Market leader DFS is expanding the number of upholstery ranges it carries in its stores, paving a path for it to onboard new suppliers to the sofa chain.
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Vita Group has acquired Belfield's Usleep business unit from NorthEdge Capital in a deal that makes the diversified foam conglomerate one of the country's largest manufacturers of finished mattresses.
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Sofa giant Natuzzi continues to write new orders faster than it can manufacture existing ones according to its incoming CEO, who says the global supplier is prioritising ways to cut lead times.
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Sofa Workshop by Timothy Oulton has been granted planning permission to remodel the interior of the listed former Lombok furniture store in central London.
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The CEO of DFS says pushing further into the online bed market is the early focus of a wider plan to diversify the group's revenue base beyond the upholstery category.
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55-store upholstery chain Sofology could follows its sister DFS brand into Ireland or add more smaller stores once its current new store pipeline has been fully unwound.
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Rising freight rates have prompted independent retailers to switch buying strategies according to DFS, which has been shielded from the effects thanks to the structural advantage of scale.
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DFS returned a high single-digit net margin in 2020/21 as it reversed a prior-year deficit that had been negatively impacted by the first Covid-lockdown.
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Disruption from the pandemic ended a seven-year run of sales growth for upholstered furniture manufacturer Whitemeadow last year, but the decline looks likely to be short-lived.
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Upholstery shipments jumped by half at the beginning of the second period of 2021 as the sofa sector continued to grab an outsized share of container availability.
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Sofa and carpets retailer ScS has partnered interior designer and TV star Laurence Llewelyn Bowen, introducing a new upholstery programme across its stores and online.
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Record levels of furniture are being despatched out of British factories but nowhere near enough to satisfy demand and bring lead times down to historical norms.
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When the Prime Minister announced the first lockdown back in March last year the fear across the British furniture industry was palpable. Thick red lines were drawn through expense budgets and manufacturers up and down the country prepared for an unwanted game of who could hold their breath for longest.
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Furniture brand Timothy Oulton will grow its retail footprint in central London after agreeing a lease in the neighbourhood bridging the city's financial and creative communities.
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BFM, the trade association for British furniture manufacturers, says the BFM Fabric Show London will return next year, taking place in the week commencing March 7.
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Dunelm said upholstery is among the developing categories it wants extend further into as part of plans to grow its current 1.3 percent share of the furniture market.
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Sofology opened a new store last weekend and will add two more this month as it presses forward with plans to expand. It is doing so under new leadership following CEO Sally Hopson’s decision to step down.
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Bedding and upholstery components distributor Handy has acquired the non-zip related assets and sales of fellow supplier Aero Zip, further expanding a product roster already numbering over 1,500 items.
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Mark Smith has decided to step away from executive duties at upholstery group TCM Living and will be succeeded as CEO by Jonathan Fearn, who is currently the chief financial officer.
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First half revenue in the U.K. and Ireland passed 2020 levels for Stressless brand owner Ekornes as the resumption of trade and store reopenings boosted the upholstery conglomerate.
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Foam conglomerate Recticel reported double-digit revenue and profit growth from the business unit supplying U.K. mattress and sofa manufacturers in the first half of this year.
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Phil Reynolds, technical development manager for furniture and furnishings at test house SATRA, is to lead a key British Standards Institute (BSI) technical committee that will likely influence the U.K.’s furniture fire safety regulations.
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British furniture makers are on track to recover all of the lost revenue from a fall in exports last year with a double-digit climb in the value of goods sent overseas in the first six months of 2021.
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The pandemic clipped the wings of the U.K. upholstery industry more than other furniture segments as the value of the market here last year fell to its smallest level since 2013.
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Input price inflation for British furniture makers increased for an eleventh straight month in July as producers continued to wrestle with never-before seen pressures.
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The parent company of Stressless brand owner Ekornes last month agreed a deal worth the equivalent of £61 million to buy out a minority shareholder.
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Upholstery retailer Sofas & Stuff booked a big increase in profits in 2020 despite the pandemic, testament it said to the success of a turnaround plan that has been underway for three years.
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Containers shipped and trucked into the U.K. from China and Poland led to the highest-ever recorded total of upholstered furniture arriving at U.K. ports in the first six months of 2021, new figures show.
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The group behind the Alstons, Ashley Manor, Alexander & James and AMX Design sofa businesses saw strong second quarter revenue growth against comparatives heavily impacted by the U.K. lockdown last spring.
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Natuzzi is opening up its iconic showrooms at High Point, North Carolina to its compatriots, renaming the ship-shaped building as Casa Italia and welcoming in other Italian furniture companies.
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Furnishing fabrics, wallpaper and upholstery supplier Colefax Group doubled profits in 2019/20 despite the pandemic hitting markets worldwide.
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Upholstered furniture manufacturer Whitemeadow has acquired what it described as a significant stake in one of its key foam suppliers.
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Dudley upholstered furniture manufacturer ACL has agreed new debt finance that will support its product development plans including the launch of a recliner line.
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The Furniture Industry Research Association has published new guidance for companies in the upholstery and mattress sectors with regard to understanding and complying with chemical regulations.
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Full-year order intake at ScS almost matched 2019/20 trading as demand at the upholstery and flooring retailer oscillated with the opening and closing of its stores amid coronavirus restrictions.
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New department store concessions have helped upholstery vertical Sofa.com expand its physical footprint despite the closures of standalone branches.
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The collaboration with sofa market leader DFS continued to be the jewel in the crown of British lifestyle retailer Joules' licensing programme last year, with it also making inroads into home goods thanks to M&A activity.
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East Midlands upholstery, cabinet and beds distributor Birlea Furniture continued to find profitable growth despite the pandemic in 2019/20 and looks set for more this year.
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West Yorkshire adjustable furniture and mobility aids manufacturer Drive DeVillbiss Healthcare reported lower sales last year as sales to the retail sector were adversely impacted by the pandemic.
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The CEO of foam company Recticel said it is difficult to predict when raw material challenges will normalise and cautioned customers that this may yet result in further price increases.
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Employees of Lebus, one of the largest sofa makers in the U.K., now own 100 percent of the Lincolnshire manufacturer after its shareholders decided to sell the business.
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Sales and profits declined at Brighouse fabrics supplier Mobus last year but the company said it is well placed to prosper amid a changing landscape in the upholstery sector.
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A return to more normal margin levels boosted profits for the company behind LPD Furniture in 2019/20 with its furniture division achieving big sales growth despite the pandemic.
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The debt repayment schedule agreed with creditors of Celebrity Motion Furniture is progressing as planned as the rise and recline chair maker continues to emerge from the problems of former associated companies.
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Upholstery retailer Sofology will next weekend open its fourth new store this year as it accelerates its overall plan to launch double-digit store numbers across the entirety of 2021.
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Upholstered furniture manufacturer Whitemeadow has hosted its first external Open Day as it looks to attract a new generation of home grown talent into the industry.
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The CEO of Sofa Brands International (SBI) says the upholstery manufacturing group has seen a strong and sustained bounce back since the end of the first lockdown last year.
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Revenue dropped by nearly a third for upholstery importer Scan-Thors (UK) through 2019/20 with the West Yorkshire company citing the dual impact of the pandemic and the closure of Laura Ashley, a significant customer.
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The growth in sofa shipments to the U.K. slowed in the spring as retailers came closer to unwinding late 2020 orders and were left with only digital sales channels to replenish them.
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Lower operating costs helped West London upholstery manufacturer and retailer The Sofa & Chair Company narrow losses last year despite the pandemic impacting sales.
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The southern Italian sofa manufacturer behind the Digiò Leather Sofas brand will launch a new upholstery programme here next week as it looks to build on rapid growth following its reintroduction to the U.K. market last year.
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The Vita Group, one of the largest suppliers to the U.K.'s upholstery and bedding sectors, has acquired Technical Foam Services, a foam conversion business based in Corby, Northamptonshire.
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Pike Textiles, the Cambridgeshire based sampling solutions specialist, has become a member of trade association the British Furniture Manufacturers (BFM).
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Expanding upholstery retailer Sofas & Stuff will next month continue its store buildout programme with the opening of a third new showroom this year.
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Upholstery specialist Sofology is launching a new rental option which gives customers the choice of agreeing monthly payment plans for a fixed period before returning products back to the chain.
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Paloma Faith, the singer, songwriter and actress, has launched her own direct-to-consumer and wholesale interiors brand, majoring in soft furnishings and with plans to expand into furniture.
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One of the U.K.'s largest makers of upholstered furniture for the leisure industry incurred a first-ever loss last year as its principal market was among the hardest hit by Covid.
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DFS, the U.K.'s largest upholstery retailer, has appointed Loraine Martins OBE, director of Diversity and Inclusion at Network Rail since 2012, as an independent non-executive director.
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A showroom on Tottenham Court Road has doubled the number of Noble Souls stores in London as brand owner Timothy Oulton continues its worldwide expansion strategy.
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International trade in upholstered furniture ticked up last year despite Covid-19 wreaking havoc through the supply chain, limiting the ability for manufacturers to produce and retailers to open stores.
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