Sofa imports into the U.K. climbed for the second straight month in February as goods trucked in from Poland helped make up for weaker trade with both China and Italy.

Tough trading conditions for the U.K. upholstered furniture industry last year hit the top and bottom lines at Wade Spring, a key supplier to many leading manufacturers in the sector.

But revisions mean earlier declines were not as bad as first reported, new and updated figures from the Office for National Statistics show.

Sofa design and manufacturing group TCM Living has appointed PJ Chippendale as its new chief financial officer.

French furniture company Roche Bobois is to acquire a majority stake in the company managing its 26-store retail operations in China, one of its most profitable and high potential markets.

Profits fell sharply for the Mobus group last year as the Clarkson Coatings business the upholstery fabrics supplier acquired in 2022 was faced with a series of challenges.

Officials tasked with setting director pay levels at upholstery market leader DFS have defended a higher-than-average increase for its CEO by citing retention and motivational reasons.

Italian upholstery vertical Natuzzi has cited the U.K. market as pivotal to a plan to accelerate its worldwide strategy evolution from wholesale to retail.

Flooring and furniture retailer Pay Weekly Carpets and Vinyls saw its financial performance impacted by more stringent customer credit checks last year but it expects pay back in the shape of lower future bad debt.

Renascent upholstery brand Maker & Son has opened a showroom in Los Angeles, the first of several planned for the U.S. market.

Sofa retailer's expansion follows ownership concentration via share buyout.

Warwick Fabrics says it has been operating in a sales environment that hasn't been conducive to increasing its selling prices to the furniture industry, which has had an impact on its own profits.

Underlying earnings doubled at the upholstery group behind the Parker Knoll, G Plan, Duresta, Collins and Hayes and Lounge Co brands last year after restructuring work yielded further progress.

Furniture wholesaler Qualita is to launch one of Lithuania's largest upholstery producers in the U.K. and Irish markets after agreeing an exclusive distribution agreement.

Sanderson Design Group has signed a collaboration agreement with a major William Morris archive in the U.S. that will result in previously unseen designs by the Arts and Crafts pioneer being brought to a wider audience for the first time.

General merchandise and food retailer Marks & Spencer (M&S) is to cut the number of furniture products it sells, leading to a reduction in hitherto key product categories such as sofas and beds.

Former Steinhoff chief executive Markus Jooste has died, a day after being handed a record fine by regulators following the accounting scandal that led to the break up of the one-time furniture conglomerate.

Demand declined from record highs for upholstery vertical Saxon Furniture last year ahead of the sofa maker and retailer expanding its geographic reach and investing in new product development.

Upholstery retailer Sofology booked a slightly shallower half-year revenue decline than its larger sister brand DFS, but was unable to match its market share gains.

Upholstery market leader DFS says full year profits will be up to £19 million lower than previously forecast after it said market order volumes had fallen to record low levels.

The former Recticel-owned East Midlands business that pours foam used to make fillings for beds and mattresses has formalised its corporate name change.

Oak Furnitureland will this weekend open its first new store in three years as it brings the brand to Grimsby for the first time. It is also trialling a new, lower threshold for its interest free credit (IFC) proposition.

Upholstered furniture imports trended mid single digits higher in January on the back of growth with all three of the U.K.'s major trading partners. Volumes climbed at an even faster rate.

Upholstered furniture giant Man Wah Holdings, the largest recliner manufacturer in the world, has further incentivised hundreds of employees with the launch of a share option programme.

U.K. furniture manufacturers' output declined for the third straight time in January, but the rate of decline was shallower than in each of the two preceding months.

The U.K. beds market declined but still outperformed all of the upholstery, cabinet and carpet markets last year according to provisional 2023 data that combines production for domestic consumption with goods brought in from abroad.

Upholstered furniture vertical Arlo & Jacob will take store numbers into double figures this year after announcing it has two new stores in the near-term pipeline.

Upholstery and furnishings group Belfield has announced the receipt of a £7.5 million investment from its two principal stakeholders: NorthEdge Capital and Virgin Money.

The Office for National Statistics (ONS) will no longer include sofabeds in the basket of goods used to calculate furniture retail price inflation every month.

Sofa market leader DFS has added to its branded upholstery collection with a launch in collaboration with Sophie Robinson, the interior stylist, designer and journalist known as the colour queen.

Outdoor furniture supplier Akula Living enjoyed a breakout year in 2022/23 with a record financial performance and recognition for its growth in exports.

Responsibility for the Belfield Group's Tetrad sofa manufacturing division and its Clinchplain furnishings components business has passed to two senior executives following the departure of Stuart Masson.

A court heard a winding up petition against Wessex Bristol Investments late last week as litigation funders try to recoup funds for creditors of a long-defunct sofa manufacturing company.

A factory closure together with costs landing lower than forecast helped the group behind upholstery brands Ashley Manor, Alstons and Alexander & James mitigate the impact of falling revenue last year.

Ercol Furniture (ercol) has announced the departure of longtime creative director Rachel Galbraith, with chairman Henry Tadros to now take an active role in the creative direction of the brand.

Upholstered furniture vertical Sofa.com has launched a capsule collection of sofas covered in fabrics borne out of a collaboration with the William Morris At Home brand.

Upholstery manufacturer Whitemeadow Furniture has again become a corporate member of The Furniture Makers' Company (TFMC), the industry charity and livery company.

Litigation funders are preparing a winding up petition against the private furniture investment company of one-time Wesley Barrell and Collins and Hayes (C&H) owner Ayiaz Ahmed.

Classic recliners were a "major success" for upholstery brand Stressless as its U.K. and Ireland business recovered in the fourth quarter of last year, parent company Ekornes said on Monday.

Imports of sofas and sofabeds declined for the first time in three years in 2023 but still remained at the second-highest ever level. Volumes were only fractionally lower than the previous year.

Upholstered furniture fabrics supplier Mobus has promoted Sam Thornber from sales manager to sales director.

U.K. furniture manufacturers' combined turnover fell in double-digit percentages in December as weaker volumes combined with a falling away of price inflation in the category to hold back sales.

Vertically-integrated furniture maker and retailer HSL will feature on Inside The Factory this weekend, becoming the latest industry company to be showcased, and the second this series.

Kellie Oliver has become managing director of import/export at upholstery group TCM Living in an expanded role that now also includes responsibility for its Alexander & James and James Alexander business units.

Upholstery market leader DFS has revealed it had more than £96 million of available liquidity heading into the final days of winter after positive cashflow in the past four months.

Dudgeon Sofas, the high-end London upholstered furniture manufacturer, recorded a small loss in the period that saw it sell a further stake in the company to the Halo/Timothy Oulton group.

The high-end upholstered furniture manufacturer and retailer that took over the former Heal's store in Brighton hopes it will have a galvanising effect on both revenue and potential investment.

René Nieuwendijk, international commercial director at the Dutch-owned Leolux Furniture Group for most of the past decade, has joined office furniture maker Humanscale as vice president, global retail sales.

Profits declined for upholstery vertical Sofa.com last year as demand for its products abated amid a tough macro-economic backdrop and the cost-of-living crisis.

Vertically-integrated upholstered furniture manufacturer Andrew Paul has posted its first full-disclosure accounts, confirming its status as Long Eaton's largest remaining independent sofa maker supplying the retail market.

Fibreline, the privately-owned upholstery fillings and cushion manufacturer, has begun work on its long-awaited warehouse expansion as it responds to elevated demand from U.K. sofa makers.

Pan-European upholstered furniture retailer and wholesaler Sofacompany said a loss of earnings and revenue last year was partially the result of the collapse of Made.com, its largest B2B customer.

The new owner of ScS is to cut a cheque for each of the last remaining exiting shareholders after the take-private deal for the U.K.'s second largest upholstered furniture retailer cleared another administrative hurdle on Tuesday.

Upholstery and cabinet wholesale and manufacturing group Actona says furniture sales volumes across Europe fell sharply last year, putting its own revenue and profits under elevated pressure.

British Furniture Manufacturers (BFM) has agreed a partnership with Verisio that gives its members a cost effective route to tracking ethical compliance.

Andrew Martin International, the London based retail and wholesale company, has relaunched its designer sofas and chairs programme and invested in increased production capacity at its U.K. upholstery factory.

Profits jumped for the company behind Dreams stores in Northern Ireland last year as it found margin and maintained top line momentum.

Man Wah Holdings, the world's largest recliner manufacturer, has resumed its share buyback programme in a bid to improve returns for shareholders.

Upholstered furniture conglomerate La-Z-Boy Incorporated has appointed ADA, Austria's largest sofa producer, as its licensee for Germany, Austria, Switzerland, Croatia and Serbia.

Six major Shanghai-listed furniture corporations including the owners of upholstery giants Ekornes and Kuka saw their share prices fall to their lowest levels in at least a year during intra-day trading on Tuesday.

A legal row over who owned the intellectual property rights and brand of Maker&Son following its pandemic-era travails was last year settled, staving off an expensive High Court battle.

Upholstery market leader DFS said it expects costs savings and margin expansion to help it maintain or grow 2023/24 profits despite it cutting sales guidance as a result of an industry-wide fall in demand.

Upholstery retailer Sofas & Stuff has reaffirmed its manufacturing commitment by becoming a member of British Furniture Manufacturers (BFM), the trade association.

The average pay award for workers at U.K. furniture factories will be 4.9 percent this year, according to the British Furniture Manufacturers' (BFM) latest Wages Survey.

Upholstery and beds brand Willow and Hall has a new managing director following its takeover earlier this month, with its new owner also revealing the size of its stake in the Frome-based business.

October saw a first rise in sofa imports in 11 months but it was quickly followed by a return of the negative trend in November, according to new figures.

Upholstered furniture vertical Sofas & Stuff has fleshed out more details regarding its new central London store, which will open at the beginning of March.

The longtime partner of bed retailer Dreams in Northern Ireland plans to follow the launch of the brand in the Republic of Ireland last year with a second store.

Output at the furniture factory gate was lower for the eighth consecutive month in November as U.K. producers continued to struggle for new orders.

Dusk has emerged as one of the largest ecommerce retailers in the U.K. after it diversified from selling bedding and soft furnishings into the sale of furniture, spanning beds and mattresses through to upholstery and dining ranges.

Sales and profits reached all-time highs for the third straight year at sofa maker Ashwood Designs ahead of the South Wales company being sold to outside investors last summer.

Privately-owned upholstered furniture retailer Sofas & Stuff plans to expand its showroom network in 2024, including a fourth store inside the M25.

Designers Guild, the designer, wholesaler and retailer of diversified home products spanning furnishing fabrics to upholstery, booked a £2.04 million net loss in the year to March 31, 2023 on lower demand and higher costs.

Vita Group, the diversified industrial giant with operations spanning the supply of foam to the manufacture of finished mattresses and underlay, booked lower profits in post-pandemic trading, just-filed consolidated accounts show.

A drop in revenue and continued pressure on costs impacted profitability at the Osborne & Little furnishings fabrics and wallpaper group in the six months to end September last year.

A Chinese upholstery producer with sales equivalent to £79 million that sells into furniture markets worldwide including the U.K. and Ireland is planning to build a new factory in Vietnam.

Ekornes, the upholstery, furniture and beds group behind the Stressless, Svane and IMG brands, is to make a series of temporary redundancies in its native Norway in response to challenging market conditions.

The shareholders of furniture, beds and home accents distributor Gallery Direct have acquired retailer Willow and Hall through a separately-held group that majors in the supply of lighting.

Ashwood Designs has promoted Darren Baird to managing director in a move that co-founder Richard Smart described as the next chapter in building a new executive management team following the sale of the business last year.

Motion upholstery giant La-Z-Boy plans to reorganise the corporate structure of its U.K.-based activities in a move that will streamline its operations here and further improve its trading results.

Upholstery and beds retailer Hometime Group has achieved two marketing milestones for its Sofatime brand; the launch of a new website, and a first-ever television advertisement.

Inaugural full-disclosure accounts confirm West Midlands based Alpha Designs Upholstery to be among the largest owner-operated sofa manufacturers in the country.

The group behind the Sofa & Chair Company is pushing forward with its Larkbury London brand as it seeks to bounce back from a year that was below expectations and ended with a company voluntary arrangement (CVA) agreed with its creditors.

The October-announced takeover of ScS by Italian upholstery retailer Poltronesofà has moved a step closer after shareholders in the U.K.'s second largest sofa specialist decided to back the deal.

Core furniture exports out of the U.K. declined for the fourth straight month in October despite higher demand from the number one export market.

Italian upholstered furniture giant Natuzzi plans to remain master tenant of its High Point property despite plans to sell the iconic building, senior executives have said.

Consumer household furniture prices stabilised in November, as official data showed a first rise in inflation in the category in nearly a year and a half. By contrast, stubbornly-high flooring inflation eased to a 33-month low.

The leadership team at Long Eaton sofa supplier Siren Furniture have taken a step closer to paying off the outstanding takeover consideration following its management buyout two and a half years ago.

West Yorkshire upholstered furniture manufacturer Sherborne says it is budgeting for a further decline in sales through 2023/24 with expectations for future trading levels to be lower than in its just-reported financial year.

Upholstered furniture imports into the U.K. climbed for the first time in 11 months in October, propelled by trade with Italian and Chinese producers. Imports from Poland continued to lag year-earlier levels.

Turnover at the factory gate declined for the seventh straight month in October on a year-on-year basis, but at the shallowest rate since May.

The decision to absorb rising raw material and labour costs saw La-Z-Boy's wholly-owned U.K. manufacturing company slip to a loss last year, but cash generation was strong and underlying sales were up double-digit.

Tony Lisanti is stepping down as Airsprung Group chief executive, with oversight of the bed and upholstery manufacturer passing to chief operating officer Tean Dallaway.

Ross Fabrics, a key cog in the U.K. sofa manufacturing supply chain, said volumes returned to pre-Covid levels in the year to end March, adding that the cost-of-living crisis was starting to have an impact towards the end of the period.

The West Midlands manufacturing group behind contract seating brands Boss Design, Jack Cartwright and Lyndon Design booked higher profits through 2022/23 but says repeating the feat will be trickier in the new financial year.

A wholly-owned Natuzzi subsidiary that runs three of the Italian upholstery company's stores in London returned to profit last year after it booked the revenue from unwinding its large order book.

The integration of an acquisition and a new startup soft furnishings manufacturing venture helped North West fabrics group Panaz grow through 2022/23. But rising costs meant profits flatlined.

Upholstery and curtain fabrics wholesaler Fryetts said it continued to perform well through 2022/23 despite the recent economic uncertainty, with net margins remaining in double-digit percentages.

Polish sofa manufacturer Tessa Group has taken a significant minority stake in Sofa Club, the fast-expanding upholstered furniture retailer that sells online and through lounges in major U.K. shopping centres.

Industrial giant Vita Group, whose diversified activities span semi-finished and finished products ranging from PU foam to mattresses and underlay, has disclosed the sale price for the disposal of a French subsidiary which completed earlier this year.

Experienced furniture industry executive Bo Simonsen has become group sales director at The Sofa & Chair Company, the London based upholstered furniture manufacturer and retailer.

The carve-up of the adjustable furniture retail group that until earlier this year traded as Middletons and Oak Tree Mobility has led to improved profitability and a better-equipped platform for growth, its owner has said.

A Worcester company incorporated at the turn of the year has been formally told to change its name at the behest of La-Z-Boy Manufacturing U.K., the Lancashire manufacturing arm of U.S. upholstered furniture brand La-Z-Boy.

The chief executive of Natuzzi has detailed other assets that the Italian sofa maker and retailer might consider selling to raise cash, in addition to its iconic High Point building.

Optimism among furniture makers about the trading environment has faded according to an updated poll of its members by the trade association British Furniture Manufacturers (BFM).

Bolia, the modern upholstery, cabinet and accents retail brand that has been present in the U.K. market since 2016, has reported its first loss in 14 years.

Incanto Group, once one of the largest upholstery suppliers to the U.K. market, will bring its Sofitalia brand back to these shores for the first time in ten years in early 2024.

Natuzzi said it did not deliver enough revenue to break even in the third quarter as it lapped an exceptional period last year and endured weak macro economic conditions in markets worldwide.

Upholstery and flooring retailer ScS has appointed Phil Geary as chief marketing and digital officer, filling a post vacated earlier this month after Kyle Rowe took a new position elsewhere.

Output declined double-digit through 2022/23 for Flameproofings, a market leader in the supply of flame retardant fabric coatings for the upholstered furniture industry.

A small West Yorkshire manufacturer of modular sofas and upholstered bed frames has been placed into liquidation within eight months of an ownership change.

JPL Upholstery, a circa £5 million turnover recliner and sofa maker that was producing three models for one of the country's largest furniture retailers, has been placed into liquidation.

Flexlux, the modern chair and sofa brand from Danish upholstery producer Theca, will enjoy its largest U.K. retail trade audience yet when its makes its January Furniture Show debut early next year.

A third senior company official earlier this year became a shareholder in Loaf, the expanding furniture retailer backed by investment firm Blue Coast Capital.

A fourth West Midlands upholstery company managed by former suppliers to Walmsley's has entered insolvency, leaving creditors owed the thick end of £1 million.

Upholstered furniture manufacturer Man Wah Holdings has confirmed it plans to appeal a judge's ruling in the U.S. that it should pay damages to a former supplier after an intellectual property (I.P.) dispute.

U.K. and Ireland revenue almost halved for the owner of the Stressless and IMG upholstered furniture brands in what proved a challenging third quarter.

Upholstered furniture imports into the U.K. continued to trend down in September as they lapped record levels of trade last year.

Near £1 million gain for the Cradley Heath supplier to U.K. upholstered furniture manufacturers and re-upholsterers.

Man Wah Holdings, the Hong Kong listed upholstered furniture conglomerate, booked higher first half profits despite revenue continuing to slide on the back of weaker trade with its biggest export market.

A summer softening in demand impacted third quarter revenue at the upholstered furniture group behind Alstons, Ashley Manor, AMX Design and Alexander & James, but margin expansion mitigated the effect on earnings.

The Manchester upholstered furniture manufacturer behind brands including The English Sofa Company and The Chesterfield Company paid down debt last year as it continued to register six-figure profits.

Upholstery market leader DFS is expanding its store footprint in the capital after agreeing to take over a former Argos unit.

The scion of a Chinese domestic appliance conglomerate is to acquire a controlling stake in Jason Furniture (Hangzhou) Co, one of the world's largest upholstery producers and a major white-label sofa source for large U.K. retailers.

Upmarket furniture design, wholesale and retail group Neptune has pinned a hefty 2021/22 loss on shipping cost inflation but says it has made a swift return to profit after making cost savings and restructuring its leadership team.

U.K. furniture manufacturers recorded an eighth straight year-on-year decline in turnover at the factory gate in September according to new official data out Friday morning.

Global Components (UK), the West Yorkshire based bed, mattress and upholstered furniture components supplier, booked lower profits last year on rising costs and falling revenue.

London based upholstered furniture manufacturer and retailer The Sofa & Chair Co has so far kept to the terms of a company voluntary arrangement (CVA) agreed with HM Revenue & Customs and other creditors a year ago. It follows the finding of cost savings and space consolidation.

Upholstered furniture manufacturer Buoyant has bolstered its design and development team with two key hires arriving from rival sofa companies.

Next's wholly-owned South Yorkshire sofa factory has registered its highest output since the general merchandise giant first started the endeavour seven years ago.

Clarion Events says exhibition space in Hall 1 of the January Furniture Show has now sold out, more than two and a half months before the doors to the event open.

Upholstery and furnishings group Belfield said strong credit control helped narrow its operating cash burn last year in a period where the industry-wide chronic shortage of foam led to production disruption and inefficiencies.

Westbridge says the closure of one of its North Wales factories earlier this summer will bring operational benefits as the Belfield-owned sofa maker looks to bounce back from a challenging 2022.

Revenue reached its highest level since the credit crunch for Tetrad last year, but rising costs weighed on the bottom line.

The mobility group behind direct-to-consumer adjustable furniture brand Willowbrook booked double-digit profits at the EBITDA line in the first full year since a near £40 million venture capital-backed buyout.

Raft will officially open the doors to its first designer furniture outlet on Saturday morning (Nov. 4, 2023), the upholstery vertical and cabinet retailer has announced.

Expanding upholstery brand Swyft reversed seven-figure losses to wash its face through 2022/23 as it benefitted from sales growth, a debt-for-equity swap, and a restructured cost base.

Upholstery manufacturer and distributor TCM Living has appointed Andy Kennaugh as group chief executive with immediate effect.

Market leader DFS has added to its branded upholstery programme with the launch of a new line of sofas and chairs under the iconic Ted Baker label across selected stores and online.

The chairman of TCM Corporation, majority owner of U.K. upholstery group TCM Living, says the company remains in the market for more takeovers, including from outside the sofa sector.

Pimol Srivikorn, chairman and major shareholder in TCM Living, says it is time the industry heard about the takeovers of two of the U.K.'s largest sofa makers "from the horse's mouth." As well as telling us what is coming next.....

Asset disposal specialists have begun a six-day sell-off of manufacturing equipment following the planned closure of the smallest production facility of a major upholstery vertical.

Rachael Nevins has decided to leave Belfield due to personal circumstances after a year as chief executive at the upholstery and furnishings group. Chief operating officer Tom Prestwich has become group md with immediate effect.

Jonathan Fearn has left his post as chief executive of TCM Living, the upholstery group behind the Alexander & James, Alstons, AMX Design and Ashley Manor businesses.

ScS said it expects to upgrade a further dozen stores in the current financial year but the upholstery and flooring chain has cautioned that trade has become harder in recent weeks.

Shares in DFS climbed almost 10 percent in intra-day trading on Tuesday as the upholstery market leader benefitted from takeover talk at its largest U.K. rival. Italian sofa retailer Poltronesofà has had a bid for ScS recommended by its board.

Upholstery manufacturer and distributor La-Z-Boy U.K. has promoted Tristan Pyke from sales director to managing director.

Poltronesofà, a major Italian upholstery retailer with 300 stores across Europe, is set to acquire ScS, the U.K.'s number two sofa retailer.

Four major Chinese furniture manufacturers saw their share prices fall to a year-long low on Monday as a sell-off among the country's largest companies spread across the Shanghai Stock Exchange.

High-end furniture retailer Bridgman was negatively impacted by the travails of Snug last year, ahead of the sofa brand being snapped up and later relaunched by national retail chain ScS.



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