Southern Italian sofa conglomerate Natuzzi has bolstered its senior leadership team with three new hires, including two who join from luxury brands Versace and Louis Vuitton.

Natuzzi achieved high single-digit revenue growth in the second quarter but it could have delivered much more but for the enforced closure of its plant in Shanghai as the Chinese Government tried to keep a lid on Covid infections.

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

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

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

The group behind the contract floorcoverings brands Heckmondwike Carpets and Paragon Carpet Tiles bolstered its balance sheet after a year in which profits climbed on wider margins and higher sales.

U.K. arm of Scandinavian hardwood floorcoverings manufacturer expects low growth amid uncertainty from the global recovery from the pandemic.

High U.K. demand post lockdown super-charged a return to profit for luxury vinyl tile (LVT) supplier Amtico as the Coventry company closed in on a decade under the ownership of U.S. flooring giant Mannington Mills.

Likewise Group, the challenger flooring distributor that has been buying up companies and building infrastructure to take on larger rivals, says demand has continued to be strong through late summer and into the autumn.

The addition of a large West Midlands warehouse late last year represents the early phase of a major financial commitment to the U.K. over the next decade for multi-brand furniture wholesale and retail group Ziel.

Sofa manufacturing group TCM Living has recruited two well-known furniture industry executives to fill senior managerial posts at its Ashley Manor Upholstery and Alexander & James business units.

Privately-owned South East England floorcoverings wholesaler STS booked higher profits last year on wider gross margin and rising sales.

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

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

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

Business that formerly ran wall art and picture frames ecommerce enterprise lines up Quantuma officials as potential restructuring advisors.

The value of carpet and smooth floorcoverings manufacturer and distributor Victoria has moved erratically in the past few days, rising by more than £100 million before a steep decline.

The value of sofa imports climbed for a 19th straight month in July despite continued poor data from the U.K.'s largest trading partner in the category.

The quantity of carpets imported into the U.K. fell for a sixth straight month in July as strong data from the Netherlands was outweighed by weaker figures from Belgium and Turkey.

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

The sofa group behind the Ashley Manor and Alexander & James brands is preparing for the planned departure of group creative director Scott Coggan, one of the highest-profile designers in the upholstery sector.

Headlam Group's search for a new chief financial officer has entered its seventh month after a prime candidate for the position decided at the last-minute to withdraw.

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

An insurance claim and wider gross margin helped profits climb at flooring wholesale group Headlam in the first half of the year despite an already-signposted decline in revenue.

Northern Ireland based furniture wholesaler Annaghmore Agencies recovered some of the revenue lost to the pandemic last year in a period that saw it build its inventory position.

An Italian design company based on the banks of Lake Maggiore enjoyed its strongest year in the U.K. in almost a decade as home sales surged in the aftermath of lockdown.

Sofa Brands International, parent to many of the largest upholstery brands in the U.K., is undergoing a restructuring process that has resulted in the departure of a number of senior executives, and other officials being handed new roles.

The restructuring advisors handling the insolvency of Nottinghamshire furniture importer Mark Webster and its parent company have said operations have now ceased following their appointment last month.

Upholstered furniture maker and retailer Arlo & Jacob is shifting its headquarters to the East Midlands in a move that will result in the closure of its former base in West London.

An auction house that has cleared stock for some of the biggest names in the furniture industry has ceased trading and signalled its intent to appoint administrators.

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

Higher prices helped Belgian carpet maker Associated Weavers (AW) achieve double-digit sales growth in the U.K. last year, though it sold fewer square metres of product in the process.

A fast-emerging ecommerce furniture retailer and wholesaler booked large seven figure profits through the pandemic and ahead of external investment earlier this year.

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

Narrower gross margin contributed to profits falling at the Karndean flooring group last year despite revenue jumping by the equivalent of about £74 million.

Second quarter profits declined at Stressless and IMG brand owner Ekornes as higher prices and increased deliveries could only partially mitigate against rising costs.

One of the world's most famous furniture and product designers has lent his creative skills to a new sofa model launching in the U.K. this week.

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

The first Covid lockdown heralded a mass launch of new enterprises across U.K. furniture and flooring production, wholesale and retail. More than 2,600 of those companies have already folded.

Cabinet and upholstered furniture maker Ben Whistler returned to profit last year after the bottom line took a hit through the first period of Covid.

Cabinet and upholstery importer Mark Webster Designs and its parent company Mark Webster Holdings were both formally placed into administration earlier this week.

Volumes climbed sharply among tufted carpet manufacturers last year while production of woven carpets was flat despite lapping restrictions from the previous year.

Sales and profits climbed last year for a West Yorkshire flatpack furniture enterprise that sells through third parties such as Very and Amazon as well as via a sister ecommerce business.

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

Privately-owned furniture importer and distributor Mark Webster Designs and its parent company Mark Webster Holdings have each filed a notice of intent (NOI) to appoint administrators.

June saw the first increase in the quantity of upholstery shipped into the U.K. from China since the turn of the year as overall volumes continued their long-running ascent.

Kellie Oliver has been appointed managing director at upholstered furniture supplier AMX Design, parent company TCM Living announced Monday.

First half profits returned for the upholstery group behind the Alexander & James, Alstons and Ashley Manor businesses as it built sales momentum from the first quarter into the second.

The quantity of carpets imported into the U.K. fell for the fifth month in a row in June with high product price inflation not enough to send the total value above the same period last year.

London based furniture company Andrew Martin International acquired a majority stake in a South Wales sofa manufacturer late last year, shortly before changes in its own ownership structure.

Listed flooring group Victoria has spent more in share buybacks in the past week than in the entirety of last year as it seeks to take advantage of a perceived undervaluation in its share price.

Declining demand, rising costs and overall economic uncertainty across Europe will lead to a decline in PU foam production this year.

U.S. foam giant Carpenter offered to divest the U.K. comfort foam business of Recticel in order to get its takeover of the overall engineered foam. unit of the Belgian conglomerate over the line. But the offer didn't satisfy British authorities.

Shippers are moving product more reliably around the globe in a sign supply chains may be beginning to normalise, according to a leading provider of analysis and advisory services in the sector.

The invasion of Ukraine by Russia has had a profound impact on the supply of engineered wood flooring according to a major U.K. supplier with worldwide sales north of £53 million.

Floorcoverings supplier Designer Contracts has opened a new facility in Berkshire that becomes its regional headquarters for the Western Counties area.

An eight-day strike at the U.K.'s largest container port is likely to impact the upholstery sector more than others across the home furnishings industry.

Panther Logistics has become the sole delivery partner for My Furniture, the East Midlands based furniture retailer that trades online and from a large Long Eaton showroom.

German furniture vertical Hülsta banked bigger profits at its U.K. retail and distribution arm in 2021 despite downsizing its shop footprint part way through the year.

A South Yorkshire based ready-to-assemble furniture maker recorded a bigger deficit in the period that led to an external furniture group acquiring a quarter of the business earlier this year.

The London based company behind the Artisan Furniture brand recorded a fall in profits at its U.K. business in the 12 months to March 31 this year.

The U.K. finances of one of the trade's largest bedroom furniture companies are in better shape after its German parent company wrote off millions of pounds worth of intra-group borrowing.

Direct-to-consumer and wholesale company Simba Sleep has launched the Simba Green Organic Go mattress, which it says is a lower impact product with half the carbon emissions of a traditional hybrid mattress.

The company behind smooth floorcoverings ecommerce brand Luxury Flooring & Furnishings has agreed a multi-year delivery contract with XPO Logistics.

Fewer restrictions and a less onerous lockdown helped the wholly-owned U.K. arm of French furniture brand Ligne Roset return to growth last year.

Diversified Yorkshire cabinet group LPD saw its furniture division achieve eight figure revenue for the first time in the period leading up to a management buyout (MBO) this summer.

The furniture market worldwide has already rebounded well above pre-pandemic levels according to specialist research consultancy CSIL Centre for Industrial Studies.

Headlam, Britain's largest flooring wholesale group, has built up stock levels ahead of what it hopes will be busier trading months to come. It follows a revenue decline in the first half.

U.S. headquartered upholstered furniture giant La-Z-Boy has disclosed the terms of the buyout of the Colne sofa maker Furnico—its longtime U.K. manufacturing partner—for the first time.

The CEO of Tempur Sealy International (TSI) says the number of acquisition candidates worldwide are growing as the world's largest bedding company announced a multi-million dollar investment in an emerging sleep technology platform.

The first new products since Birlea agreed a deal that sees it become the U.K. and Ireland distributor of Disney branded furniture are expected to arrive in the first week of October, its md says.

A longtime ready-to-assemble furniture manufacturing supplier to Amazon's U.S. platform has begun listing on the Internet giant's European's equivalent as part of a pilot programme.

Loaf has extended its home delivery contract with Wincanton for another three years, building on an existing partnership between the two companies already lasting the past six years.

Profits climbed sharply last year for one of the principal actors in the delivery of bulky flat-pack furniture boxes to U.K. consumers. That was despite a fall in revenue.

Steve Depport, head of the Metro Group, has been appointed a non-executive director at The Carpet Foundation, the industry group that promotes the use of carpet and those that sell it.

Sales jumped £4.1 million for Long Eaton upholstered furniture manufacturer as it narrowed losses.

Underlying sales climbed sharply at Northern Ireland based furnishing fabrics and household textiles supplier Ulster Weavers last year as it benefitted from its relationship with retail giant Dunelm.

The acquisition and expansion of a new warehouse and distribution facility among other investments saw Liverpool home office and workplace furniture maker Dams spend almost £6 million on capex last year.

A Warwickshire supplier of outdoor furniture and living products to the likes of NEXT, Made.com and The Conran Shop saw profits jump by almost half last year.

Spinks, the diversified spring maker for beds, upholstery and other applications, has hired its first-ever global sales director.

Higher sales and an 810 basis point gross margin swing helped the U.K. wholesale and retail arm of cabinet furniture supplier Kettle Interiors to boost profits last year.

Retail group Beter Bed Holding says the acquisition of a stake in a Polish bedding company is part of a plan to vertically integrate its value chain and give it more control over profit margins.

Current incumbent to remain on the board but step down as chief executive at supplier with operations spanning the globe including the U.K. after he found his successor.

Twice as many furniture, flooring and furnishings companies called in restructuring advisors in the second quarter compared with the same period last year as the market took a downward turn.

Eve Sleep says a number of potential suitors have progressed to due diligence stage as the direct-to-consumer and wholesale brand explores a possible sale of the company.

Ergomotion has launched its new programme of smart and adjustable beds for the European and Middle Eastern markets including what it says is the first in the sector to be connectable with Garmin wearables.

The owner of outdoor furniture and living retailer Garden Trading says its bottom line will come in ahead of market expectations as a consequence of additional cost reductions.

Britain's antitrust regulator has elevated its investigation into the takeover of Recticel's engineered foam unit by Carpenter to an in-depth Phase 2 inquiry, heightening the possibility that parts of the deal affecting the U.K. will either not happen or be reversed.

Acquisitions helped Victoria, the diversified international flooring manufacturer and distributor, to book more than £1 billion of sales for the first time in its history in the past year.

Rachel Conroy, founder and CEO of Gateshead contract furniture supplier HLF, has been included in a prominent business magazine's 35 Women Under 35 2022 list — a rundown of high achieving business leaders.

Upholstered furniture shipments into the U.K. jumped sharply at the height of spring as retailers here began to receive goods ordered weeks and months earlier.

The volume of Chinese cabinet shipments arriving in the U.K. fell by more than a quarter according to new trade data as buyers here looked to replenish stock from European sources instead.

Foam and sprung mattress imports into the U.K. declined on a volume basis in May on weak data from the two largest sources of overseas made product.

Carpet import volumes declined for a third straight month in May on the back of weaker trade with Belgium, historically the U.K.'s largest trading partner.

Private equity backed household and contract textiles wholesaler Whyte & Ivory says sales have hit eight figures for the first time after stellar international growth, particular in the U.S.

Underlying revenue across the eFulfilment division of logistics group Wincanton edged ahead in the first quarter of its financial year despite the wider market slowdown in online activity.

La-Z-Boy U.K. is sponsoring a family-friendly music festival taking place in the Lake District later this month where headline acts include Stereophonics, Supergrass and The Kooks.

Profits more than doubled at the Ashley Wilde group last year as the Hertfordshire headquartered furnishing fabrics group delivered an eighth straight increase in revenue.

Antitrust regulators in the U.K. have told Carpenter and Recticel to address competition concerns to prevent the proposed takeover of the latter's engineered foam unit by the former from being referred for a more in-depth investigation.

Container shipping schedule reliability remains at a historically low level while spot prices are falling from record highs and delays easing after a two-year stretch upended by the pandemic.

EBITDA was almost two thirds higher for Bentley Designs last year as the furniture importer deleveraged after it kept a tight rein on costs and revenue recovered, countering weaker gross margin.

Construction is underway at distribution centres in Scotland and the Midlands as national flooring wholesaler Likewise Group looks to double its logistics capacity this year.

Stock levels at Cleland McIver more than doubled by the end of its 2020/21 financial year as the soft furnishings supplier invested further in distribution capacity with a new 75,000sqft facility.

Lincolnshire cabinet importer and wholesaler Classic Furniture battled rising shipping costs and limited container slot availability as it booked its highest profits since 2014 last year.

Wood flooring specialist Havwoods will open its second store this year and its fifth overall as it continues expanding its retail footprint in wealthy parts of the country.

National floorcoverings distributor Carpet & Flooring has appointed a new md with a raft of home improvement industry experience following the planned departure of longtime leader Lisa Tomlin.

A seven-figure reorganisation saw Ireland, Northern Ireland and Scotland wholesaler Flanagan Flooring bring a property investment joint venture under its control last year.

Britain's biggest flooring wholesaler will enable independent retailers and one-man-and-a-van installers to hit sub-£15sqm price points after launching a new brand with a supporting micro-site.

Bedeck returned to profit last year as the Northern Ireland based bedding company benefitted from a lower administrative cost burden of almost £2 million, including non-recurring exceptional items and a currency gain.

Furniture and home accents wholesaler Coach House smashed through a high ceiling to record largest-ever profits at its trading arm last year as it recovered strongly from the first year of the pandemic.

Revenue jumped to nearly £90 million and losses were reversed for the U.K.'s self-described largest independent floorcoverings distributor last year.

A South East freight forwarding and third-party logistics (3PL) provider has gained a 10-day stay from creditor action after it filed a notice of intent (NOI) to appoint administrators.

Investment helped the soft furnishings group behind the Iliv brand find further margin gains in a strong trading period during which it grew profits and repaid debt.

Upholstered furniture manufacturer Roger Lewis is to concentrate its activities in the contract arena following a restructuring process that sees it exit the retail sector.

Foam and sprung mattress imports into the U.K. continued their ascendancy at the beginning of the second quarter driven by a mix of established and emerging suppliers.

Upholstery import volumes from China fell by almost a quarter in April as retailers and wholesalers grappled with the rising cost of shipping products in from the country.

The value of carpets imports dropped by almost a fifth at the start of the second quarter while volumes were down at nearly twice that rate on a year-on-year basis.

The company that completed an insolvent buyout of a prominent North London furniture wholesaler whose products were sold on platforms such as Wayfair has a new name.

Floorcoverings suppliers and their customers must work in unison amid rising prices and an expected fall in demand, according to a worldwide collective representing companies in the sector.

Ministry of Furniture (MoF), the contract manufacturer that emerged from Remploy in 2014, has moved to a new head office and showroom facility in Neath, South Wales.

Costco levered the power of brands such as Natuzzi, Thomasville, Bentley Designs and Silentnight on the way to strong growth in the U.K. which it has followed up with further gains in the period since.

The failure of a West London soft furnishings supplier dating back to the mid 1980s leaves creditors facing a large shortfall.

Direct-to-consumer mattress and ancillary products retailer and wholesaler Eve Sleep has launched a review and formal sale process, saying it wants to explore its strategic and financing options.

Mike Scott will retire as chief financial officer at diversified flooring conglomerate Victoria later this year after six years in the role. His replacement joins from outside the industry.

Online vendors offering the goods of a North Yorkshire based wholesaler of occasional furniture and rattan home and garden goods which collapsed earlier this year are clearing the last remaining items from their platforms.

Upholstery supplier Nicoletti Home is building further manufacturing capacity nears its southern Italy headquarters with a new factory coming on stream in the next month.

Neptune reinvested strong cashflow back into the business amid rising sales and profits last year, but the furniture, home and garden brand says it has since encountered supply chain constraints.

Italian upholstered furniture giant Natuzzi says it has been scouting new vendors in more stable geographic areas as it looks to plot a course through supply chain challenges.

Buy-and-build flooring group Likewise says it has established a trade brand in most geographical areas of the U.K. as new results confirm its annual revenue run-rate has breached nine-figures for the first time.

Henry Tadros will take over as chairman at heritage furniture maker Ercol [ercol] this summer, the Princes Risborough manufacturer has announced. He succeeds his father, Edward Tadros.

Majority position in East Midlands furniture wholesaler was sold to the Swedish investor Storskogen Group last year.

The global bedding giant behind the Mlily brand enjoyed double-digit revenue growth in the first quarter, driven largely by success in North America. Sales in Europe were close to flat.

The U.K.'s largest flooring wholesale group believes ecommerce and a growing cohort of multiple retail customers can help it counter a weaker market this year.

Gilles Bonan, the former chief executive and chairman at French furniture group Roche Bobois, has been appointed to the board of Natuzzi.

Guest bed, mattress and sofabed maker Jay-Be said it limited supply to certain export markets to ensure its home market demands were met first as it grappled supply chain challenges through 2020/21.

U.K. upholstery group TCM Living found big sales growth in the first quarter of 2022 on the back of increased demand and the delivery of orders carried over from the end of last year.

Rollie Attard, chief operating officer at fabrics supplier Panaz, is to become chief executive in place of his father and company founder Tony Attard, who will become chairman.

Cabinet imports from China fell at the end of the first quarter on a volume basis with only higher prices lifting the value of shipments arriving at British ports.

An increase in the value of goods arriving from close-to-home markets lifted foam and sprung mattress imports in March, new data shows. Volumes declined.

Circa £16 million turnover Midlands 3PL and group logistics provider targets early next year to be fully operational.

The carpet and rugs business bought by Victoria in a carve-out of Balta Group's operations booked thinner margins in the first quarter as higher costs countered the impact of rising sales.

Italian and Polish sofa factories led a sharp increase in imports at the end of the first quarter with the total value of upholstery arriving at U.K. ports up by more than £50 million compared with last year.

Scandinavian dining and lounge furniture source issues clarion call for new partners.

A U.K. ready-to-assemble cabinet furniture manufacturer that has supplied the likes of Argos for many years has divested 25 percent of the business to an East of England group with an expanding roster of interests in the furniture sector.

Italian furniture conglomerate Calligaris Group is to launch a third ecommerce platform with the introduction of a direct-to-consumer website for its Connubia brand.

The U.K. and Ireland distribution arm of global motion furniture giant La-Z-Boy found cost savings in the early stages of trading through a market upended by Covid restrictions.

Restructuring advisors offer bullish outlook for creditors of East Midlands supplier after co-owner's death prompted eventual closure last year.

The investment conglomerate that bought British furniture wholesaler Julian Bowen last year has strengthened its home interest portfolio with the acquisition of a compatriot floorcoverings company.

David Roberts has been named chief financial officer at TCM Living, the upholstery group that owns Ashley Manor, Alexander & James, Alstons and AMX Design.

Deliveries in the U.K. and Ireland grew at a faster pace for Stressless in the first quarter of 2022 than in any other of its main reporting geographies, with the value of sales reaching almost half of the total for the entirety of last year.



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