Wholesale, Distribution & Logistics
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- FLOORCOVERINGS
Flooring giant Headlam Group has appointed former Carpetright chief executive Wilf Walsh as one of two new non-executive directors as the wholesale group reshapes its board.
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- UPHOLSTERY
The Lounge Co reduced losses last year as the upholstery brand found savings amid a strategic move away from the direct-to-consumer channel that saw it sacrifice sales.
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- CASE GOODS
Cabinet supplier Qualita will take over distribution of selected Kesterport dining collections following the closure of the UK furniture brand after 40 years of trading.
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- SUPPLY & WHOLESALE
Underlying revenue climbed high single-digits for property market furniture supplier Loft last year driven by growth in its London and southern operations and the introduction of interior design services.
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- BEDS & MATTRESSES
Updated edition of the top 25 bed/mattress companies/sources ranked by UK market share at suppliers' prices. [Premium]
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- UPHOLSTERY
Furnishings textiles supplier Warwick Fabrics reported weaker profits last year despite higher sales, as increased administrative costs and adverse foreign exchange movements weighed on earnings.
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- UPHOLSTERY
Scan-Thors (UK), a prominent West Yorkshire based upholstered furniture importer and longtime supplier to some of the country's largest sofa retailers, has ceased trading.
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- FLOORCOVERINGS
Victoria has agreed the sale and leaseback of its Belgian distribution centre for €34.4 million as the flooring group moves to fund the relocation of rug manufacturing to Turkey.
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- RETAIL & DISTRIBUTION
The prepack rescue of a UK logistics provider serving furniture manufacturers and retailers followed a sequence of contract losses, margin erosion and customer failures across the sector.
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- FLOORCOVERINGS
A major shareholder in Headlam Group has increased its stake beyond 10 percent, days after building a position ahead of the flooring company’s full-year results.
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- RETAIL & DISTRIBUTION
UK furniture retailers are facing a new round of cost pressure as sharp increases in foam and other upstream inputs begin to move through the manufacturing supply chain, according to correspondence seen by The Furnishing Report.
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- BEDS & MATTRESSES
A plug previously supplied with Silentnight electric blankets has been recalled by the bed maker's UK licensee partner after being found to present a serious risk of electric shock.
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- FLOORCOVERINGS
Headlam Group reported a net loss of £81.9 million for the year to December 31, 2025 as the UK's largest floorcoverings distributor continued to implement a transformation plan aimed at returning the business to profitability in 2027.
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- FLOORCOVERINGS
One of Headlam's largest shareholders has increased its stake in the UK flooring company ahead of the release of its full year results.
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- SUPPLY & WHOLESALE
Pretax losses widened for decorative lighting supplier Searchlight Electric last year as higher costs and thinner margins combined with a fall in revenue against a backdrop of headwinds in the retail sector.
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- DEALS & FINANCE
Spanish furniture group Kettal has acquired a majority stake in Italian design brand Driade as part of a strategic plan agreed with vendor Nemo Group to relaunch the business internationally.
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- RETAIL & DISTRIBUTION
DX Group has opened a new 86,000 sqft distribution centre in Kettering, expanding its capacity in the East Midlands as the logistics provider scales its fulfilment, freight and final-mile operations.
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- BEDS & MATTRESSES
Direct-to-consumer and wholesale mattress brand Emma Sleep has signalled its intent to expand its UK retail footprint with a fourth showroom in the pipeline.
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- BEDS & MATTRESSES
A ten-month stretch of rising mattress imports came to an end in January as the category saw weaker arrivals for the first time since March last year.
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- CASE GOODS
Kitchen furniture imports rose for a third straight month in January despite UK buyers reducing their spend on products from the two largest source countries.
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- SUPPLY & WHOLESALE
Sanderson Design Group is to launch a new collaboration between its Zoffany brand and American interior designer Michael S. Smith, introducing a range of fabrics designed for both indoor and outdoor use.
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- SUPPLY & WHOLESALE
Disruption linked to the crisis in the Middle East is already pushing up the cost of key raw materials used in flexible polyurethane foam production in Europe, according to the industry association for the sector.
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- UPHOLSTERY
Shipments of sofas and sofabeds declined in January as UK buyers bought in less from each of the three main source nations, including China, Poland and Italy.
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- SUPPLY & WHOLESALE
Turnover at the furniture factory gate has now been positive in each of the past eight reported months after January saw a mid single-digit increase on last year. December data was also uprated.
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- FLOORCOVERINGS
Flooring imports declined at the start of 2026 as a sixth straight fall in the value of vinyl flooring imports offset a second consecutive increase in carpets and rugs.
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- UPHOLSTERY
Prestigious Textiles has brought sister company PT Blinds into its Bradford headquarters, consolidating the two businesses under one roof for the first time as part of an expansion of its Cross Lane site.
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- RETAIL & DISTRIBUTION
Lower costs including a sharp fall in debt interest helped furniture and interiors brand Neptune return to profit in a period that saw it make a "a deliberate reduction in low-margin promotion led sales."
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- SUPPLY & WHOLESALE
Flooring wholesaler Kellars said the scale of its achievement in growing sales, profit and margin last year "cannot be underestimated" as it reaped the reward of heavy capital expenditure.
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- UPHOLSTERY
UK upholstery importer GFA reported a fall in profits as it lapped what had been an “an exceptionally strong trading period” in the year prior.
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- BEDS & MATTRESSES
Ecommerce brands including Pillow World have suspended trading after the bedding wholesale and retail company behind them filed for insolvency.
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- SUPPLY & WHOLESALE
Outdoor furniture manufacturer ScanCom International will cease operations after several years of losses and an unsuccessful turnaround effort, the company said.
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- RETAIL & DISTRIBUTION
Furniture delivery specialist Grays Transport (Derbyshire) has sought protection from creditors after filing a notice of intention to appoint administrators ahead of a hoped-for restructuring of the business.
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- RETAIL & DISTRIBUTION
IKEA China has introduced self-driving vehicles in Anhui Province after a pilot programme reduced average customer waiting times for self-pick-up orders by two-thirds and cut transport costs between retail units by more than 50 percent.
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- FLOORCOVERINGS
Headlam Group has appointed Rob Barclay as its next chief executive officer and named Richard Jones as interim chief financial officer, rebuilding its leadership team following high-profile board exits.
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- UPHOLSTERY
Chinese-made product is now responsible for one in every three pounds spent on upholstery in the UK after its share of the wholesale market expanded through 2025. That is almost as much as all British producers combined.
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- SUPPLY & WHOLESALE
Earnings jumped for Lancashire furniture supplier GFW in the past year as the company delivered high revenue growth on "better execution of the fundamentals."
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- SUPPLY & WHOLESALE
The AIM-listed owner of the renascent MFI furniture and homeware brand has acquired a Merseyside haulage business in a deal it says provides increased control over customer fulfilment.
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- REGIONAL
EZ Living Interiors has unveiled a vast new warehouse that provides the Irish furniture retailer with additional capacity to support expansion.
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- BEDS & MATTRESSES
Silentnight has been named the official sleep partner of Manchester City Football Club under a new agreement that will see the bed manufacturer supply products to the club’s forthcoming hotel development.
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- FLOORCOVERINGS
Flooring conglomerate Victoria lowered its earnings guidance after weaker trading in January and said full-year revenue would fall short of prior expectations, sending its shares down sharply before rallying.
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- SUPPLY & WHOLESALE
BJS Distribution has taken a new long-term lease on a 261,912 sqft industrial and warehouse facility in the West Midlands as the two-person home delivery specialist expands capacity in response to growth.
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- SUPPLY & WHOLESALE
Ercol Furniture has created a new director of supply chain and customer services role, promoting longserving executive Sarah Sweeting. Her new position will coincide with Ian Peers moving to focus solely on manufacturing operations at its Buckinghamshire factory.
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- UPHOLSTERY
Natuzzi shareholders postponed a decision on reducing the group’s share capital after losses in the first nine months of 2025 triggered a legal requirement to consider remedial measures.
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- SUPPLY & WHOLESALE
The owner of soft furnishings businesses including Decora Blinds and Evans Textiles says longstanding group chief executive Stuart Dickson has retired as part of what it described as a planned succession process.
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- CASE GOODS
A privately-owned Cotswolds-based kitchen manufacturer with a decorated track record has been placed into liquidation with creditors facing a shortfall in excess of £2 million.
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- BEDS & MATTRESSES
Year-on-year mattress imports rose for a ninth consecutive month in December, driven by sustained growth in Tempur product from Denmark alongside higher shipments from China and Poland.
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- BEDS & MATTRESSES
Leggett & Platt’s bedding business recorded a double-digit sales decline last year as weak mattress demand and customer disruption weighed on volumes for the bed components conglomerate.
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- FLOORCOVERINGS
Mohawk said the global flooring industry has been in recession for almost four years as the world’s largest flooring company reported lower annual earnings and flat sales for 2025.
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- UPHOLSTERY
Upholstered furniture imports were up for the first time in three months in December, rebounding to the highest single-month total in three and a half years.
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- FLOORCOVERINGS
Imports of floorcoverings rose for the first time since the summer in December on the back of stronger trade in the carpet and wood flooring product categories.
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- SUPPLY & WHOLESALE
The Swedish investment group that has owned UK furniture wholesaler Julian Bowen since 2021 said it saw tentative signs of a consumer recovery late last year but demand for home interiors remained muted.
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- SUPPLY & WHOLESALE
Sanderson Design Group has appointed Charlotte O’Sullivan as group digital and innovation director as it steps up investment in its direct-to-consumer channel, which more than quadrupled in size last year.
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- SUPPLY & WHOLESALE
Headlam said group chief financial officer Adam Phillips will leave the business after the publication of its full-year results next month, signalling further senior management change at the UK floorcoverings distributor.
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- TRADE & INDUSTRY
The Furniture Industry Research Association has launched an industry-wide survey to gather data on how unsold furniture is handled across the UK sector.
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- SUPPLY & WHOLESALE
Seconique said trading conditions were challenging during the year to June 30, 2025 as consumers held back on spending on higher-ticket furniture items and a depressed UK housing market reduced demand for renovation-led purchases.
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- FLOORCOVERINGS
A major global investment management firm and one of the largest shareholders in flooring group Headlam has almost halved its stake in the Midlands company, new disclosures show.
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- BEDS & MATTRESSES
Bedding company 100% Comfort has confirmed a long-planned transition in its leadership structure, with Nick Worthington moving into a non-executive director role and Greg Suthern now leading the business as sole CEO.
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- COMMUNITY
Anthony Joyce, director and co-founder of Wolf Components, has been appointed chairman of the Manufacturing Guild Mark, a longstanding industry accolade awarded by The Furniture Makers’ Company.
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- FLOORCOVERINGS
Flooring distributor Headlam Group has secured a new asset-based lending facility of up to £85 million, replacing its existing revolving credit facility and uncommitted overdraft.
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- UPHOLSTERY
Kingcome Sofas increased sales in the six months to October 31, 2025, as the upholstery maker remained profitable despite softer order intake in the UK market, parent company Colefax Group said on Wednesday.
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- EVENTS
Clarion Events recognised the winners of its inaugural Excellence in Furniture Awards at a gala dinner held at the NEC Birmingham alongside its January Furniture Show last week.
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- ECOMMERCE
Online bedding retailer Soak and Sleep booked a seven-figure net loss according to newly-filed accounts, which also underscored substantial additional group backing.
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- FLOORCOVERINGS
A longtime carpet underlay executive who combined co-running Victoria subsidiary Ezi Floor with being one of the flooring conglomerate's largest worldwide shareholders has halved his stake in recent days.
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- SUPPLY & WHOLESALE
The Dartford group behind home and giftware importer Lesser & Pavey posted flat revenue last year but saw profits halve on higher costs.
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- FLOORCOVERINGS
A Midlands flooring business affiliated to a 10-store semi-national retailer has been placed into liquidation, leaving seven-figure tax debts.
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- CASE GOODS
Growth in each of the kitchens and office furniture categories was not enough to mitigate double-digit declines in bedroom, living and dining furniture imports towards the end of last year.
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- FLOORCOVERINGS
Flooring imports declined for the fourth month in a row in November on the back of a decline in carpet trade and a double-digit drop-off in the vinyl category.
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- UPHOLSTERY
A double-digit decline in shipments from China caused UK sofa imports to fall for the second straight month in the lead up to Christmas.
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- SUPPLY & WHOLESALE
Fabrics and wallpaper group Osborne & Little cut its net loss in the year to March 31, 2025 as efforts to reduce overheads mitigated falling sales in major markets including the UK, a trend that has continued into the new financial year.
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- SUPPLY & WHOLESALE
Cabinet and upholstery supplier Maxfurn has confirmed the signing of a new 188,400 sqft distribution hub and a 26,000 sqft head office and showroom facility close to its existing base in Uden with a planned opening in December 2026.
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- RETAIL & DISTRIBUTION
DX Group has agreed a strategic partnership with Rhenus Logistics under which DX will assume responsibility for Rhenus’s two-person home delivery services in the UK and Ireland.
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- UPHOLSTERY
Yorkshire-based Aspire Furniture will unveil a full-scale push into upholstery at next week’s January Furniture Show as it seeks to build a second growth engine alongside its £19 million beds and mattresses business.
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- SUPPLY & WHOLESALE
Swedish investment group Storskogen has appointed Chris Pullen as executive vice president and managing director of Storskogen UK on a permanent basis, formalising a role he has held on an interim basis since May 2025.
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- UPHOLSTERY
Stronger margins helped upstream sofa supply chain bellwether Flameproofings cuts its trading deficit last year despite a third straight top line decline.
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- TRADE & INDUSTRY
The number of UK home furnishings businesses to file for insolvency fell to its lowest level in three years in 2025 though debtors left creditors facing higher unpaid bills.
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- FLOORCOVERINGS
Victoria has appointed Steve Callaghan as a non-executive director and senior independent director with immediate effect, and confirmed the resignation of Andrew Harrison from its board after 13 years.
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- UPHOLSTERY
A retention-of-title claim has softened the impact from the insolvency of a West Midlands sofa wholesale business on a former connected party upholstery manufacturer.
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- SUPPLY & WHOLESALE
The UK arm of French high-end furniture and interior design brand Christian Liaigre has formally completed the company voluntary arrangement (CVA) agreed in 2020, bringing its court-supervised debt restructuring to a close.
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- SUPPLY & WHOLESALE
DX Group has acquired HBC Logistics, a Bedfordshire-based logistics and same-day services business, as the investor-backed group steps up expansion under its new chief executive.
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- SUPPLY & WHOLESALE
Image Furnishings is unveiling a refreshed brand identity as it expands its UK sales operation, using the relaunch to mark what it described as a new phase in its development ahead of the January Furniture Show in Birmingham.
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- SUPPLY & WHOLESALE
The furniture holding company behind Global Chair Components, Contract Furniture Group and Phoenix Case Goods returned to profit as lower sales were offset by balance-sheet changes.
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- FLOORCOVERINGS
North London rug supply group Asiatic Carpets reported a sharp decline in net assets after distributing near eight-figure dividends in the year to March 31, 2025.
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- SUPPLY & WHOLESALE
The furniture maker behind the Balmoral brand reported a narrower loss after absorbing asbestos roof replacement costs at its manufacturing site, while gross margin improved and overheads fell.
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- RETAIL & DISTRIBUTION
Property disposals and higher revenue helped mitigate rising costs for major Dunelm supplier Cleland McIver in the year to September 30, 2025.
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- SUPPLY & WHOLESALE
Cabinet and upholstery distributor Baker Furniture said trading has strengthened markedly in the current financial year after a challenging 2024/25 period marked by the loss of a major customer and fall in turnover.
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- DEALS & FINANCE
Sheffield-based bedroom furniture manufacturer Home Décor GB has completed a management buyout that transfers full ownership of the business to its executive team.
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- BEDS & MATTRESSES
Direct-to-consumer mattress brand Nectar Sleep enjoyed further seven-figure group backing last year in a period where revenue jumped by almost a quarter.
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- UPHOLSTERY
Recliner conglomerate La-Z-Boy will close its UK manufacturing facility in Colne by the end of April 2026, ending production at the Lancashire site after concluding a formal redundancy consultation with staff.
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- UPHOLSTERY
Man Wah Holdings has acquired US upholstered furniture manufacturer Gainline Recline Intermediate Corp. in a transaction that values the business at about $58.7 million including debt, expanding the Hong Kong-listed group’s manufacturing footprint into the United States.
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- FLOORCOVERINGS
Flooring conglomerate Victoria reported higher underlying earnings for the six months ended September 27, 2025 but reorganisation, impairment and refinancing costs impacted the bottom line and debt.
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- SUPPLY & WHOLESALE
PWS has extended its logistics partnership with the Silver X Group for a further five years following an initial agreement earlier this year that introduced a dedicated delivery fleet operating across Great Britain.
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- UPHOLSTERY
A year-long run of rising Italian upholstery imports driven by a range overhaul at national retailer ScS came to an end in October, with overall sofa imports declining for only the second time this year.
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- COMMUNITY
Premium bed maker Tempur has donated £10,000 to Zarach’s festive “Big Give” appeal, extending a partnership with the charity aimed at tackling child bed poverty in England.
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- BEDS & MATTRESSES
The value of foam and sprung mattresses imported into the UK reached an all-time single-month high in October as buyers doubled down at both the premium and entry-level segments.
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- SUPPLY & WHOLESALE
Profits climbed at bedroom furniture wholesaler FWG through 2024/25 thanks to sales edging higher and lower administrative and finance costs.
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- FLOORCOVERINGS
Flooring imports fell for the third month straight in October as all of the major sub-categories saw declines compared with the same month last year.
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- SUPPLY & WHOLESALE
Liquidators at collapsed furniture wholesaler Kettle Home said they taken steps to allow two major creditors to collect stock subject to retention-of-title claims.
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- FLOORCOVERINGS
One of flooring conglomerate Victoria's largest UK subsidiaries has cut its trading deficit despite lower output according to newly-filed accounts for 2024/25.
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- SUPPLY & WHOLESALE
Office furniture maker Orangebox reported lower revenue and a deeper loss as weaker UK and European demand and restructuring charges weighed on performance through 2024/25.
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- DEALS & FINANCE
HNI Corporation has completed its acquisition of Steelcase, combining two of the largest North American workplace furniture suppliers in a transaction that will create a business with pro forma annual revenues of $5.8 billion.
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- FLOORCOVERINGS
Switzerland-based investor All Interests Aligned (AIA) has completed the acquisition of sixth-generation Mears Flooring in a deal led by the former managing director of Crown Paints.
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- UPHOLSTERY
Chinese sofa makers have almost as large a collective share of the UK upholstery market at wholesale prices as British manufacturers combined.
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- SUPPLY & WHOLESALE
Furniture maker Gautier has emerged from court-supervised restructuring after the Commercial Court of Poitiers approved its continuation plan on December 2, ending an 18-month process triggered by a sharp downturn in France’s furniture and housing markets.
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- CASE GOODS
Cabinet group Howdens has begun a large-scale expansion of its manufacturing facility in Runcorn, marking the start of a multi-year build programme at one of its key UK production sites.
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- UPHOLSTERY
The new owners of direct-to-consumer sofa and furniture brand Swyft poured millions of pounds of capital into the business during and after its spring 2024 buyout, financial statements detail for the first time.
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- CASE GOODS
Nolte Möbel UK’s administrators say efforts to complete the collapsed bedroom furniture supplier’s outstanding order book have been hampered by widespread disputes over installations, damaged goods and rejected deliveries.
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- UPHOLSTERY
Chateau d’Ax is to exit a debt restructuring process by the year-end as the historic upholstery brand readies a multi-year expansion plan that includes new governance, refreshed collections and growth across its largely franchised store network.
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- FLOORCOVERINGS
The floorcoverings group behind brands including Pennine, Volante and John Palmer Carpets slipped to a loss in the 11 months to December 31, 2024 as higher operating costs outweighed broadly stable revenue for the shortened reporting period.
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- DEALS & FINANCE
Valmas Holdings has taken full ownership of the X Rocker brand and its global sales territories after buying out its two US shareholders, ending a negotiation process that ran for more than two years.
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- UPHOLSTERY
The financial performance of the DFS Group's two-person sofa delivery contract logistics business took another step forward as the division began trialling its services with third party retailers.
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- UPHOLSTERY
Sofa and curtain fabrics supplier Fryett’s reported lower revenue for the year to February 28, 2025 after reduced credit insurance availability for some customers contributed to a double-digit decline in turnover.
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- FLOORCOVERINGS
Shares in flooring conglomerate Victoria climbed after it revealed it has started production on a new automated ceramics line in Spain that is expected to increase annual earnings by about €15 million.
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- SUPPLY & WHOLESALE
The successor operation to Scottish furniture, lighting and home décor wholesaler CIMC Home has made a positive start following a reorganisation last year.
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- FLOORCOVERINGS
A Norwegian investment fund has built a notifiable stake in UK flooring group Headlam, sending its shares to their highest level since mid-September.
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- UPHOLSTERY
Qumei Home Furnishings Group is arranging a new bank loan for its overseas subsidiary Ekornes QM Holding AS, pledging the entire equity of the Stressless maker’s operating company to support the refinancing.
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- FLOORCOVERINGS
Likewise Group’s share price fell sharply after the flooring distributor said earnings for the current financial year will come in below market expectations, despite reporting higher revenue so far this year.
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- UPHOLSTERY
Lancashire sofa maker Buoyant Upholstery will expand into the leather and recliner sector at scale from January through a new manufacturing collaboration with Premier, one of the Far East’s largest upholstery suppliers.
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- UPHOLSTERY
Recliner giant La-Z-Boy says its plans to grow in the UK remain undimmed despite the proposal to close its dedicated manufacturing plant in Lancashire.
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- UPHOLSTERY
Upholstery imports returned to growth in September on the back of higher shipments from two of the UK furniture industry's three largest sourcing partners in the category.
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- SUPPLY & WHOLESALE
Furniture brand Another Country has acquired a majority interest in fellow British design studio Goldfinger, bringing the London-based maker into its business as part of a plan to expand sustainable production.
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- BEDS & MATTRESSES
Mattress imports into the UK reached their highest monthly level in 2025 so far at the start of autumn as imports from Tempur's European factory continued to drive growth.
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- SUPPLY & WHOLESALE
Flooring supplier Tradechoice Distribution increased its shareholder funding from Nestware Holdings during 2024 and again in June this year as it continues to invest in branch expansion and integration costs following recent acquisitions.
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- SUPPLY & WHOLESALE
Headlam said it had let down its core independent retailer and contractor customers as it outlined a new action plan aimed at returning the flooring distributor to profit within two years.
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- UPHOLSTERY
Imports accounted for a record share of the UK sofa market last year as British producers battled tough trading conditions and retailers pivoting to new sourcing strategies.
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- BEDS & MATTRESSES
Profitability improved at Aspire Furniture in the year to September 30, 2024 as gross margin expansion offset additional overheads from investment in staff and infrastructure.
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- SUPPLY & WHOLESALE
The Swedish investment group that owns UK furniture wholesaler Julian Bowen said sales across its interior design-oriented businesses weakened in the third quarter as customer demand levels remained subdued.
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- RETAIL & DISTRIBUTION
High-end retailer and wholesaler Andrew Martin International said chief executive Mike Durbridge has left the interiors brand after eight years with the business.
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- RETAIL & DISTRIBUTION
The owner of the West Elm and Pottery Barn Kids brands saw UK sales ease through 2024/25 as weaker consumer demand offset benefits from its revived wholesale partnership with John Lewis.
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- SUPPLY & WHOLESALE
Soft furnishings group Riva Home said consolidating manufacturing and office operations during a year of “reorganisation and strategic change” has put the business on a profitable growth trajectory.
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- BEDS & MATTRESSES
The CEO of Somnigroup International said Dreams continued to outperform the UK market in the three months to September 30, 2025, with growth in both same-store sales and new openings boosting the group’s international operations.
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- BEDS & MATTRESSES
Yorkshire bed maker Harrison Spinks has entered the Indonesian market through a new partnership with Duta Abadi Primantara (DAP), one of the country’s leading premium bedding retailers.
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- FLOORCOVERINGS
Flooring conglomerate Victoria said profitability improved in the first half despite lower sales, after cost reductions offset weaker demand across its markets.
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- RETAIL & DISTRIBUTION
Howden Joinery Group said sales rose in the second half as the trade kitchen supplier achieved record revenue during its key autumn trading period, keeping its full-year guidance unchanged.
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- FLOORCOVERINGS
Headlam Group said revenue declined 5 percent in the four months to October 31 and warned full-year results would fall short of expectations, prompting its recent share rally to stall as shares dropped on Wednesday.
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- UPHOLSTERY
Asset realisation specialists are in exclusive discussions with a buyer regarding the sale of the intellectual property of embattled upholstery company Alexander & James, according to administrators.
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- FLOORCOVERINGS
Headlam Group is said to be looking to sell a distribution facility in Rochdale, the Eclipse Centre, with a guide price of £10.8 million.
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- FLOORCOVERINGS
Axminster Group and one of its subsidiaries face the collective write-off of over £1.5 million of intra-company debt after another of its group companies was placed into an insolvency process.
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- FLOORCOVERINGS
Mohawk Industries said its UK business outperformed wider European markets in the third quarter as increased Government spending on social housing supported demand, helping offset continued pressure in continental Europe.
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- SUPPLY & WHOLESALE
Furniture manufacturer Maxfurn has expanded its UK and Ireland team as it builds its presence in both markets.
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- FLOORCOVERINGS
Mohawk Industries will take a fresh round of restructuring actions intended to deliver a further $32 million in annualised savings, taking total expected cost reductions for this year to $110 million.
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- CASE GOODS
The owner of furniture supplier Global Home Group says its largest UK business is primed to deliver a second straight year of top line growth this year but cautioned that its sister Corndell brand had been impacted by customer insolvency.
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- SUPPLY & WHOLESALE
HM Revenue & Customs is owed almost half of all outstanding debt following the insolvency of furniture importer and distributor Bell & Stocchero earlier this week.
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- FLOORCOVERINGS
Shares in Headlam have fallen below 50 pence for the first time as the market value of the Midlands flooring distributor continues to hit fresh lows.
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- FLOORCOVERINGS
Victoria has scrapped its proposed debt exchange, ending plans announced last month to swap holders of its outstanding 2028 senior secured notes into longer-dated second-priority instruments.
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- CASE GOODS
Cabinet furniture imports into the UK reached into nine figures in August on the back of strong growth in the living and dining category.
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- BEDS & MATTRESSES
UK mattress imports climbed for the fifth straight month thanks to a large increase in the volume of goods arriving from Tempur's European factory.
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- UPHOLSTERY
Sofa imports into the UK were lower for the first time in almost a year at the end of the summer as shipments from the two largest source markets stalled.
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- FLOORCOVERINGS
Flooring imports into the UK fell in August as a double-digit decline in vinyl negated the impact of a second straight increase in carpet trade.
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- SUPPLY & WHOLESALE
Furniture output at the factory gate was higher for the third month in a row in August, though the rate of growth slowed compared with earlier in the summer.
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- FURNISHINGS & ACCENTS
Half-year profits matched the prior year for Sanderson Design Group after the fabrics, wallpaper and soft furnishings supplier's cost-cutting programme offset lower sales in its core UK market.
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