Paul Bassi, chairman at Likewise Group, has sold a large chunk of his shares in the emerging floorcoverings supplier.

More furniture manufacturers than not see orders rising in the next six months as they look to recover from a recent market downturn, according to a new poll by British Furniture Manufacturers (BFM).

Designer furniture company Calligaris has confirmed that a seven-figure share issue first signposted last summer has repaired the balance sheet of its wholly-owned U.K. retail subsidiary.

Five major manufacturing and wholesale groups were responsible for a quarter of the U.K. upholstery market five years ago, but that has been whittled down to less than a fifth through the post-Brexit and pandemic period.

An indoor and outdoor dining chair importer and wholesaler based near Leamington Spa has filed for insolvency, leaving creditors facing a seven-figure shortfall.

Higher sales, a tax credit and lower director pay helped Likewise Group achieve its first-ever full year net profit last year.

At least 15 of the wealthiest 350 individuals and families have ownership ties to the U.K. home furnishings industry, according to The Sunday Times Rich List 2024, three fewer than last year.

The upholstery group behind the AMX Design, Alstons, Ashley Manor and Alexander & James brands booked a first quarter net loss as it grappled with a challenging trading backdrop.

Headlam Group, the U.K.'s largest floorcoverings distributor, says it will bring forward a series of cost cuts as it grapples with an ongoing decline in the overall market.

First quarter floorcoverings imports declined as weaker figures in the carpets and wood flooring segments negated growth in vinyl.

First quarter sofa and sofabed imports were marginally higher than year-earlier levels on much stronger shipments from both China and Poland, the two largest source nations. Volumes were up high single-digits.

The U.K. rollout of the all-new Tempur lineup of mattresses kept imports positive in the first quarter of 2024, else shipments would have been flat on a year-on-year basis.

U.K. furniture manufacturers' turnover declined for a fifth month in a row in March, representing the sharpest year-on-year decline since February 2021.

Textile floorcoverings manufacturer Belysse Group says sales declined in the first quarter of 2024 as a consequence of weaker demand in both Europe and the U.S.

London based furniture wholesaler Qualita is to widen its product roster for U.K. customers after acquiring the wholesale operations of Centrepiece International, a small case goods supplier.

The competition regulator is to investigate the completed takeover of Wincanton, a key logistics partner to the U.K.'s furniture and home retail industry.

Mlily's brand partner Manchester United might have floundered in Europe but the Chinese company behind the diversified mattress giant has had no such troubles, with bumper first quarter growth building on gains made in 2023.

Embattled £14.5 million supplier behind riser recline furniture brand due high six-figure sum in previously-suffered customs duties.

A former owner of the Scottish furniture, lighting and home décor wholesaler CIMC Home has provided secured finance to the rebranded successor company.

The Harrison Spinks group and Vispring were among several home and contract furnishings companies honoured in The King's Award for Enterprise 2024, announced Monday.

The upholstery conglomerate behind multiple brands including Kuka Home has reported higher profits for the third consecutive year, as revenue returned to growth.

London Persian Rug Company has opened what it has described as the first ever large-scale warehouse in central London majoring in Oriental and Persian rugs.

The direct-to-consumer company behind the Kally Sleep bedding brand booked a heavy accounting loss in the period that saw its investment in rug seller Woven head south.

HMRC and a Manchester based bedding supplier face large six-figure deficits following the insolvency of a textiles supplier with a U.K. registered office in the North West of England.

Self-help measures helped Mohawk Industries find profit growth in the first quarter with the world's largest floorcoverings company believing the market has now troughed.

£19 million Suffolk kitchen and housewares supplier returns to profit in 2023.

Profitability took a hit at Emma Sleep last year as reduced contribution margin negated rising output for the global direct-to-consumer and wholesale mattress brand.

The allure of its brands and design archive helped Sanderson Design Group maintain profits in the past year as licensing gains offset weakness elsewhere in its business.

Ballymena cabinet maker and retailer Woodland Kitchens has acquired Dundee fitted furniture manufacturer JTC in a deal that creates a circa £50 million manufacturing operation.

The U.K.'s beds and mattress market has become more diluted compared with the pre-Covid period, but the leading 10 companies are still responsible for more than 50 percent of all sales.

The restructuring of the circa £10 million furniture, lighting and home décor brand CIMC Home prefaced the appointment of a liquidator at its predecessor operating company, court filings show.

Three furniture retailers under common control have withdrawn a cabinet programme from sale following a legal challenge by Core Products, the Scottish furniture supplier.

A newly-formed company has taken control of Scotland-based furniture, lighting and home décor distributor CIMC Home following an apparent restructuring exercise.

Cabinet imports fell for a 15th month in a row on a year-on-year basis as weak living/dining figures outweighed improvement in bedroom and home office furniture.

SleepSoul, the hybrid mattress brand developed by furniture supplier Birlea, has agreed an exclusive distribution tie-up that takes it into the United Arab Emirates (U.A.E.).

Weak carpet and vinyl data depressed flooring imports in February despite a first rise in parquet shipments since last autumn.

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.

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.

TradeChoice Carpet & Flooring has expanded its wholesale footprint with the takeover of Nottingham based T & R Floor Covering Distributors.

The group behind the Där Lighting, David Hunt, and J&M Parker lighting brands became employee-owned last year following an under-the-radar transaction.

Experienced industry executive Rob King has been appointed sales director at Vogue Beds Group, the East Midlands-based beds manufacturer.

Quarterly insolvencies across the U.K. furniture, furnishings and floorcoverings sectors have declined for the first time since the end of 2022.

Nobia, the parent company to kitchen retail chain Magnet, plans to further consolidate its U.K. manufacturing assets with its factory in Halifax to be closed and repurposed.

Flair Rugs bolstered its market position through 2022/23 with double-digit sales and profits growth despite rising administrative costs.

Logistics company DX Group is expanding its two-person delivery division with the opening of two additional 'supersites', one in the North West and the other in London.

Workers at furniture supplier Kettle's Vietnamese factory have been paid all outstanding wages after an initial delay when the plant was closed earlier this year. The sale of assets in Vietnam is also expected to raise funds for suppliers still owed money.

The Furniture Makers' Company has joined high-end design and joinery brand Artichoke to organise the third New Makers' Conference, taking place later this spring.

The CEO of ArrowXL has reassured stakeholders that the appointment of restructuring advisors at its parent company will not impact furniture deliveries or other parts of its operations.

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.

Profits declined but remained class-leading for kitchen and housewares supplier Joseph Joseph last year.

Ashley Home has acquired Resident, owner of Nectar Sleep, the direct-to-consumer and wholesale mattress brand with a multi-million pound U.K. business.

Sanderson Design Group (SDG) is to move its headquarters 13 miles east to a smaller West London building that has historic resonance and reduces its requirement for external showroom space.

Cabinet imports into the U.K. declined in January on the back of continued weak figures in the living/dining product segment. Kitchen shipments also fell, while bedroom and home office furniture arrivals were higher.

The quantity of mattresses imported into the U.K. climbed for the ninth straight month as January saw a double-digit rise in volumes arriving into the country.

Cabinet furniture supplier Devonshire returned to positive cashflow last year as it cut costs and worked down stock levels amid falling output.

All flooring product categories declined as imports into the U.K. in January fell mid single-digits, but carpets outperformed both vinyl and parquet.

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.

Flooring conglomerate Victoria says it has begun deploying cash from the sale of non-core and surplus assets to buy back shares and repay debt.

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.

The owners of made-to-measure cabinet maker Longpre Furniture have secured the future of the manufacturing business via a prepack administration process.

Tvilum, the circa £180 million turnover Danish flatpack cabinet furniture manufacturer, has named the CEO of a compatriot logistics company as its new chief financial officer.

Direct-to-consumer and wholesale mattress brand Emma Sleep booked double-digit revenue growth in 2023 but said it was a year of disruption as it encountered challenges implementing new systems.

One-time major player in the U.K. cabinet furniture maker says earnings decline down to drop-off in revenue.

Shares in expanding flooring roll-up Likewise Group advanced Wednesday as the multi-site distributor disclosed a double-digit increase in early 2024 sales.

Floorcoverings conglomerate Headlam believes it can more than double the size of its business with larger customers as it cautioned that a tough 12 months for the sector has continued into the start of 2024.

The new owner of furniture maker Rosehill says the former stakeholders are no longer with the business following his completion of an asset purchase that secures the future of the brand.

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

Investment by Bisley part of wider plan to diversify product offer for its consumer-facing ecommerce websites.

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.

Hypnos, the U.K.'s largest family-owned bed manufacturer, is to consolidate all production at its wholly-owned Buckinghamshire headquarters, leading to the closure of its leased East Midlands factory.

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.

Designer Contracts last year booked its highest sales and profits since before the pandemic as it benefitted from elevated demand, inventory capacity, and long-term energy contracts.

Higher operating and sales costs harmed profit margins at Elland based furniture supplier Andy Thornton last year, negating a large increase in output.

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.

The U.K.'s largest dedicated ecommerce home goods retail platform says it is managing "without issue" the elevated freight costs associated with attacks by Houthi rebels on container shipping.

A small West Midlands contract furniture manufacturer has returned to court to get renewed protection from creditors while it seeks a restructuring of the business, or a sale.

The value of floorcoverings imported into the U.K. fell high single-digits in 2023 with wood and vinyl flooring dropping at a faster rate than carpets.

A newco created by a multi-million pound Derbyshire kitchen worktop company has bought the business and assets of a nationally-operating competitor out of administration.

The Rug Company, the private equity backed rug supplier targeting wealthy consumers and interior designers, will next month open its fourth London showroom.

A fall in the final two months of last year was not enough to prevent mattress imports from reaching an all-time high in 2023 — the tenth consecutive year they have increased on a value basis.

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.

Nobia, owner of U.K. kitchens retailer Magnet, has agreed a second major disposal inside a week after agreeing to sell Austrian business unit ewe in a deal worth up to €26.5 million.

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

A North West company that describes itself as the U.K.’s leading supplier of loose contract furniture has successfully applied to court for protection from creditors.

Insolvency comes within seven months of Manchester based company being sold.

Designer furniture and homeware retailer The Conran Shop has appointed Tom Bettinson as head of wholesale with the aim of building out its presence and product offering in the U.K. and worldwide.

Profits fell sharply for soft furnishings supplier Rapport Home Furnishings last year, but a strong focus on working down stock levels helped to boost liquidity.

Mohawk Industries, the world's largest floorcoverings company and a major supplier in the U.K. across multiple product categories, says it expects the recovery of demand in Europe to lag other territories worldwide.

Kitchen conglomerate Nobia is selling its Dutch manufacturing business Bribus for €64 million and says it will now be wholly-focused on the U.K. and Nordic markets.

Restructuring advisors at Leonard Curtis lined up as potential administrators.

Category demand for beds is stabilising according to the CEO of Tempur Sealy International (TSI), the world's largest bedding company and owner of U.K. retailer Dreams.

Fabrics and wallpaper supplier Sanderson Design Group said a strong performance from its high-margin licensing business has continued to mitigate the impact of challenging U.K. trading conditions.

Aspire Furniture, a growing supplier to the ecommerce mattress sector in the U.K., is planning to build its international business after agreeing new trade finance.

Axminster Carpets has become the latest home furnishings industry manufacturer to feature on Inside The Factory, the BBC documentary series.

Neville Johnson, the upmarket fitted furniture vertical that sells direct to the consumer, said it has cut costs to align with reduced demand after a challenging year where revenue and margins took a hit.

Midlands kitchen manufacturer Mereway Kitchens has ceased trading after a second insolvency inside six months for a company operating the brand.

The Gangani family, who sold home textiles supplier Bridstock Gate back in 2017, is to relaunch its flagship bedding brand after re-acquiring the intellectual property (I.P.) rights last year.

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.

A large South East floorcoverings contractor with four offices around the U.K. warned it is on the brink of insolvency in a court filing on Thursday.

Evans Textiles, one of the U.K.’s leading soft furnishings and window hardware suppliers, booked a net loss last year as it wrote down the value of its investment to nil in a bedding business it bought seven years ago.

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.

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.

There is no change of landlord for Bensons for Beds' manufacturing operations in Cambridgeshire despite the sale of the factory propco by Bensons' owner Alteri Investors last year.

Longtime bed industry executive Jason Lowdon is joining Kent bed maker Sleepeezee with a brief to further develop its overseas business as export director.

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.

The closure of a North East smooths floorcoverings distributor has left its closely-affiliated Belgian supplier nursing a sizeable six-figure debt.

The Furniture Makers’ Company, the City of London livery company and charity for the furnishings industry, has launched a corporate video telling the organisation’s story through the voices of several prominent members.

The owner of direct-to-consumer and wholesale mattress brand Nectar Sleep pumped more cash into the U.K. business in the post-pandemic period as revenue fell sharply and impacted the bottom line.

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.

Sofa suppliers including Buoyant Upholstery, Alpha Designs and Whitemeadow dominated the winners podium at The January Furniture Show's two award programmes earlier this week.

Industry suppliers and retailers have questioned the legitimacy of elevated container shipping rates amid the ongoing crisis in the Red Sea.

The West Yorkshire rug and mat manufacturer behinds brands such as Howler & Scratch and Rug Guru plans to invest another £3 million on factory upgrades having spent a similar sum last year.

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.

A second straight sharp rise in revenue helped filled bedding, bedlinen and soft furnishings supplier Richard Haworth to maintain profits last year, despite input cost pressures.

Experienced furniture industry manufacturing executive Chris Box has been appointed managing director at Dreamworks Beds, the Gallery Direct-owned mattress maker.

Direct-to-consumer and wholesale mattress brand Casper Sleep has appointed Joe Megibow, the former CEO at competitor Purple Innovation, as its new chief executive.

Rising costs outweighed record revenue last year for Lars Larsen Group, the Danish conglomerate with myriad furniture industry interests spanning retail and wholesale brands.

CEVA Logistics, a subsidiary of French shipping conglomerate CMA CGM, has agreed to buy U.K. delivery company Wincanton in a deal worth £566.9 million.

Living and dining cabinet shipments declined by more than a quarter in November on weak data from Malaysia, Singapore and the U.S.

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

Floorcoverings distributor Headlam Group is expected to post profits down by more than two thirds when it releases full year results for 2023 in the spring.

The value of foam and sprung mattress imports arriving into the U.K. declined in November despite a large upswing in Tempur products landing at U.K. ports.

Floorcoverings distributor Likewise Group has paid the former owners of the Valley Carpets business it acquired at the start of 2022 a further £3.86 million in contingent consideration, meaning no further payments are now due.

Earnings before non-cash costs were positive for the second straight year for Ercol Furniture in the immediate post-pandemic period as the Buckinghamshire manufacturer recorded its narrowest net deficit in five years.

Components supplier Leggett & Platt is to reduce its bedding manufacturing and distribution footprint as part of a programme of restructuring measures designed to cut costs and boost profits.

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.

The Belgian carpet manufacturing group behind brands including ITC, Modulyss and Bentley has agreed a new revolving credit facility as part of a wider refinancing of the business.

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.

Revenue, profits and cash all climbed for furniture importer Seconique through the year to end June with the West Midlands distributor saying it has made further gains since.

Mattress and bedding company Mammoth Sit and Sleep will bring in a number of new managers this month ahead of plans to invest in new distribution and display assets.

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.

The takeover of delivery and logistics company DX (Group) by the private equity firm that has owned bed maker Silentnight for over a decade has moved a step closer after shareholders approved the deal.

Fast-growing outdoor furniture supplier Akula Living has become the latest home industry company to receive financial backing from BGF, a growth capital provider for U.K. and Irish small and mid-sized businesses.

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.

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.

Designer Contracts, the circa £40 million turnover floorcoverings contractor that majors in supplying the new-build property sector, has launched an in-house sustainability initiative, empowering its employees to further build its eco credentials.

The number of furniture, furnishings and floorcoverings companies filing for insolvency reached a record high for the second straight year in 2023, with each quarter of last year progressively worse than its predecessor.

Shares in rival U.K. floorcoverings distributors Likewise and Headlam gained as the former delivered an upbeat assessment of last year and its outlook for the period ahead in a trading update on Thursday.

Direct-to-consumer and wholesale mattress and ancillary products company Simba Sleep has agreed a seven-figure, one year partnership with Channel 5 in what was described as the channel's largest-ever sponsorship deal.

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.

North West lighting supplier Cascade says it is putting liquidity before profit as it grapples a tough market backdrop that has seen falling demand combine with rising costs.

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.

Cabinet furniture wholesaler Papaya Trading has further strengthened its sales force with the appointment of a third new agent inside a few months.

A furniture family that majors in the supply of upholstery and mattresses to IKEA has joined forces with a private equity group to acquire wood-based panels supplier Pfleiderer Polska from Strategic Value Partners (SVP).

A large positive swing in gross margin helped rug wholesaler Asiatic Carpets shrug off the impact of output falling to more normal trading levels through 2022/23.

North East living, dining and bedroom wholesaler Baker Furniture has taken two-year capital expenditure to over £1.7 million as it continued to invest against a backdrop of rising costs and decelerating demand.

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.



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