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- RETAIL & DISTRIBUTION
Retailers of furniture and home improvement products are among more than 60 companies to back the British Retail Consortium's (BRC) new Climate Action Roadmap, which aims to get the industry and its supply chains to decarbonise.
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- BEDS & MATTRESSES
Jessica Alexander, executive director at the National Bed Federation (NBF), is to join a 19-strong panel of experts shaping the future of sleep support across the U.K.
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- BEDS & MATTRESSES
Recticel is to launch a strategic review of its bedding business that could result in its sale after announcing the takeover of a Swiss company that will see it further its ambitions in the technical foams segment.
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- RETAIL & DISTRIBUTION
Furniture and interiors brand Timothy Oulton has opened a first-ever gallery in Scotland after taking a first-floor showroom at the prestige Princes Square shopping centre on Buchanan Street in central Glasgow.
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- BEDS & MATTRESSES
Bob Eastoe has stepped down from the board at bed manufacturer Hypnos and parent company Keen & Toms Holdings after a little over 13 years with the group.
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- BEDS & MATTRESSES
A positive swing in gross margin aided by lower input costs helped drive an uplift in profits for The Vita Group last year, newly-filed consolidated accounts in mainland Europe show.
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- SUPPLY & WHOLESALE
Interior furnishings group Walker Greenbank has signed a licensing agreement with general retailer Next that will see new apparel, homeware and accents lines launched across three of its brands.
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- RETAIL & DISTRIBUTION
Scotland's largest privately-owned furniture and home retailer has refitted and rebranded its Thomsons World of Furniture Store in Dunfermline to its new Home concept.
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- RETAIL & DISTRIBUTION
Upholstery and beds specialist HSL is one of the few nationally-recognised furniture businesses to continue trading from physical stores in England through the latest lockdown.
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- DEALS & FINANCE
Technology group ClearCourse Partnership has acquired The Swan Group, which provides furniture retail management software to some of the U.K.'s largest furniture retailers.
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- BEDS & MATTRESSES
The Vita Group has completed its Bedding Innovation Centre at Middleton in North West England, one of four new facilities across the U.K. and Eastern Europe planned for this year.
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- EVENTS
The January Furniture Show has been rescheduled to spring 2021 as a result of extended travel restrictions and the re-imposition of lockdown in England. It will be renamed Furniture Show Birmingham.
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- FLOORCOVERINGS
Sales of residential products and rugs helped mitigate continued weakness in the commercial sector at flooring colossus Balta Group in the third quarter of 2020.
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- BEDS & MATTRESSES
National bed specialist Bensons for Beds is adding extra headcount to its Huntingdon workforce to help meet rising demand.
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- RETAIL & DISTRIBUTION
The future of Ponden Home, the 73-store soft furnishings retailer, hangs in the balance after the chain was placed into administration on Friday afternoon.
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- RETAIL & DISTRIBUTION
Kitchen vertical Wren has opened its first showroom in the U.S., bringing up a centenary of stores including its U.K. showroom network. It follows the earlier announcement of a first U.S. manufacturing plant.
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- SUPPLY & WHOLESALE
West Midlands furniture manufacturer Boss Design has strengthened its board of directors with two senior hires, including the former CEO of office furniture and equipment group Bisley.
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- RETAIL & DISTRIBUTION
Britain's leading carpet and floorcoverings retailers are keeping stores in England open through the lockdown in a move that will attract bouquets and brickbats from rivals in equal measure.
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- RETAIL & DISTRIBUTION
Habitat is to become the primary furniture brand across the Sainsbury's and Argos ecosystem with its owner also unveiling plans to extend its price architecture.
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- SUPPLY & WHOLESALE
Only a third of British furniture manufacturers have so far passed on rising input costs to their customers despite the overwhelming majority being landed with price hikes by their suppliers.
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- REGIONAL
East of England department store retailer Jarrold said it received an "amazing uptake from our customers wishing to support us" as it embraced ecommerce demand after the first lockdown.
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- BEDS & MATTRESSES
The National Bed Federation (NBF) has named the 23 finalists for the 2020 Bed Industry Awards across manufacturing, supply and retail categories.
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- RETAIL & DISTRIBUTION
120 Argos shops that have been shut since the spring lockdown won't reopen and a further 300 standalone units have been earmarked for closure. Parent company J Sainsbury plans to open more Argos units instead inside its supermarkets.
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- RETAIL & DISTRIBUTION
Furniture and homewares retailer Dunelm has questioned the choices made by legislators over the terms of who can and can't trade during the just-begun lockdown in England.
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- UPHOLSTERY
Sofa market leader DFS has played down the impact of the new lockdown in England, saying its experience of earlier this year leaves it with a more sanguine outlook.
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- RETAIL & DISTRIBUTION
Some furniture retailers in England kept stores open as late as 10pm last night but the industry appears to have largely coalesced around the idea that it will be a digital November.
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- SUPPLY & WHOLESALE
Birlea Furniture invested millions of pounds expanding its East Midlands footprint last year as the furniture importer continued its drive to become the biggest player in the sector.
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- RETAIL & DISTRIBUTION
Revenue jumped double-digit at off-price furniture and homewares retailer HomeSense in the run-up to Covid-19 as the chain added new floorspace to its estate.
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- RETAIL & DISTRIBUTION
John Lewis Partnership is to make up to 1,500 head office roles redundant as the department store and grocery mutual fleshed out earlier plans to save £300 million in costs.
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- BEDS & MATTRESSES
Harrison Spinks has agreed a partnership with The Fine Bedding Company to offer hoteliers a complete package of complementary mattresses, duvets and pillows.
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- REGIONAL
Glasswells' commercial storage and warehousing facility at Bury St Edmunds has achieved ISO 9001:2015 certification for quality management systems.
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- RETAIL & DISTRIBUTION
Furniture and flooring retailers in England face making judgment calls over whether to open tomorrow after legislation to be voted on in parliament today was as vague as feared.
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- RETAIL & DISTRIBUTION
General retailer Marks and Spencer Group (M&S) found solace in ecommerce home goods sales in what was an otherwise bleak period pockmarked by the spring lockdown.
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- ECOMMERCE
Wayfair has seen a one hundred fold rise in sales in the U.K. and Germany in the past seven years and is now the ecommerce market leader across the home category here.
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- UPHOLSTERY
Upholstery producer Man Wah Holdings has strengthened its leadership team with the appointment of Feng Guohua as chief executive officer (CEO).
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- RETAIL & DISTRIBUTION
Bricks-to-clicks children's bedroom specialist Room To Grow says sales surged in the second and third quarters of 2020 after it pushed the button on a new digital marketing strategy.
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- RETAIL & DISTRIBUTION
Furniture and floorcoverings retailers in England still don't know for certain whether they can or can't pull up the shutters from Thursday morning and there is a good reason behind that fact.
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- UPHOLSTERY
U.K. and Ireland revenue continued to recover for Norwegian upholstery giant Ekornes in the third quarter putting it close to even for the year so far.
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- BEDS & MATTRESSES
Upstream supply chain issues are to blame for a rapid increase in the price of foam according to Recticel, the Belgian industrial conglomerate and a major supplier to U.K. sofa and mattress makers.
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- FLOORCOVERINGS
Flooring conglomerate Victoria says the imminent lockdown in England will make little material difference to its business in the long run, adding that its factories will remain open and continue to accept and deliver orders.
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- RETAIL & DISTRIBUTION
Homebase will end a store opening hiatus going back to 2015 if a planning application for a new Oxfordshire store is green-lighted by state officials.
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- REGIONAL
Pent-up demand following the first lockdown earlier this year meant the decision to hold a retail sales event soon after stores re-opened proved judicious, according to a large independent in the South East of England.
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- RETAIL & DISTRIBUTION
Furniture and flooring retailers across England are again grappling with the concept of their own essentiality as new Government guidance failed to immediately provide a clear steer on whether they could or should remain open from Thursday onwards.
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- BEDS & MATTRESSES
National beds specialist Bensons for Beds will get back on the expansion trail next year after it agreed terms on the first of what are planned to be a number of new units to open through 2021.
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- BEDS & MATTRESSES
The owner of the direct sales manufacturer and retailer Adjustamatic Beds sustained a six-figure deficit last year but says it has traded profitably in 2020 despite the pandemic.
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- RETAIL & DISTRIBUTION
High street giant Next is to relaunch Laura Ashley homeware ranges online and across it vast store estate next year after agreeing a partnership with the new owner of the heritage brand.
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- BEDS & MATTRESSES
Cashflow at North West bedding company Trendsetter Home Furnishings was healthy despite pressure on margins resulting in the business recording a bigger accounting deficit in 2019–20.
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- FLOORCOVERINGS
Revenue growth in Europe and other international markets helped counter weaker domestic demand at flooring conglomerate Mohawk Industries in the third quarter.
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- BEDS & MATTRESSES
The keys to the Sealy U.K. factory will be formally handed over to their new owners this morning (Oct. 30) while a general manager to run the Aspatria operation will arrive early next week.
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- REGIONAL
Four-store independent remained profitable in 2019–20 despite the pandemic interrupting the final quarter of its financial year.
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- BEDS & MATTRESSES
Third quarter revenue climbed by more than a third for Tempur Sealy International, the world's biggest bedding company, as it enjoyed its most profitable period since the business was created.
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- REGIONAL
Destination furniture store retailer Andersons of Inverurie brought an end to four years of sliding sales in 2018–19 according to newly-filed accounts taking in the period well in advance of Covid-19's arrival.
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- UPHOLSTERY
Emerging upholstery startup Swyft Homes says it has already beaten its £2 million sales target for its launch year with it forecasting revenue of half that again by Christmas.
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- BEDS & MATTRESSES
Britain's biggest mattress maker Silentnight has refinanced for the second time in just over a year while just-filed holding company accounts put a new value on the group ahead of its recent Sealy U.K. divestment.
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- ECOMMERCE
The ecommerce group that runs a slew of retail brands including Furniture123 built profits and cash in the year to March 31, 2020 as it recorded another big double-digit jump in sales.
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- RETAIL & DISTRIBUTION
Department store retailer John Lewis & Partners' plan to be able to turn close to half of its flagship Oxford Street store into office space has been backed by city planners this week.
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- TRADE & INDUSTRY
Industry charity The Furniture Makers’ Company is hosting an online intellectual property (IP) webinar next month with Anti Copying in Design (ACID), the design and intellectual property campaigning organisation.
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- SUPPLY & WHOLESALE
Ministry of Furniture (MoF), the privately-owned Neath company that emerged from Remploy Furniture back in 2014, has undergone a corporate reorganisation and rebranding process.
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- RETAIL & DISTRIBUTION
General merchandise retailer Next said it expects to counter an expected eight-figure post Brexit tariff impact by agreeing new terms with its suppliers or working with alternative vendors.
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- UPHOLSTERY
Furniture manufacturer Whitemeadow will move its upholstered bed frame production early in 2021 after taking a new facility that will also provide the scope to consolidate its manufacturing operations across fewer factories.
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- EVENTS
The next edition of furniture exhibition Long Point will be brought forward by two months to a late winter dateline, trade journal Furniture News reported.
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- RETAIL & DISTRIBUTION
Sales jumped 13 percent for multinational retailer Maisons du Monde in the third quarter as the retailer relied on high home accent sales to counter problems in the big-ticket supply chain.
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- RETAIL & DISTRIBUTION
High-end furniture brand Roche Bobois said that though U.K. revenue remains 29.6 percent lower year-on-year after nine reported months it can make big inroads into the deficit in the final quarter.
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- UPHOLSTERY
A first showroom in Oxfordshire will become upholstery retailer Sofas & Stuff's fourth new space to open since the summer when it throws open its doors this December.
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- OPINION & ANALYSIS
It is counter-intuitive that on the day we reported that September saw record-breaking furniture retail sales, we also reveal that some British manufacturers may have to temporarily close their factories.
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- FLOORCOVERINGS
Tapi Carpets & Floors has hired Emma Collett as chief operating officer as the expanding floorcoverings retailer continues to reshape its management team.
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- TRADE & INDUSTRY
Feedstock suppliers must resolve their own issues to aid flow of foam to U.K. mattress, sofa markets
One of the leading sources of foam for Britain's mattress and sofa industry says it is doing everything possible to make good the current problems but its hands are tied until its own supply chain finds solutions.
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- UPHOLSTERY
The U.K.'s first dedicated Noble Souls upholstery showroom, revealed by The Furnishing Report earlier this month (see related), will open November 27, it has been announced.
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- TRADE & INDUSTRY
Temporary foam factory shutdowns will prompt U.K. upholstery and mattress plants to close according to the British Furniture Manufacturers (BFM), which is urgently seeking clarification from the supply chain.
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- FLOORCOVERINGS
Flooring and beds retailer United Carpets says its franchised and corporate stores bounced back strongly in the four and a half months since its business reopened this spring.
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- RETAIL & DISTRIBUTION
U.K. furniture and lighting retail sales were higher in September than in any other month in history according to data from the Office for National Statistics (ONS).
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- RETAIL & DISTRIBUTION
The moratorium preventing creditors from taking action against the group that lists Ponden Home Interiors among its roster of retail brands has been extended for a fortnight.
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- DATA & RESEARCH
Fears for the U.K. economy and job security sent consumer confidence tumbling through October according to GfK, the polling company that tracks public sentiment each month.
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- COMMUNITY
Upholstery and carpets retailer ScS is to donate £20,000 to help fund meals for disadvantaged children in its home city. It said it was a result of the Government voting against extending free school meals into the holidays.
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- UPHOLSTERY
Direct-to-consumer upholstery source Swyft Home has chosen two-man delivery service provider Panther Warehousing as its sole delivery and warehousing partner.
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- BEDS & MATTRESSES
The head of the body representing the European foam sector has said it is "not good" for the industry that it is currently unable to satisfy high demand because of upstream supply chain issues.
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- BEDS & MATTRESSES
Healthcare Co., the Chinese mattress and foam conglomerate, is to expand its operations in mainland Europe after agreeing a multi-million euro investment.
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- FLOORCOVERINGS
Carpet and flooring conglomerate Victoria is to raise up to £175 million through a preferred equity investment to bolster its armoury to buy up more of its rivals.
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- FLOORCOVERINGS
Invesco, the international money manager whose multi-year strategic saw it build a major stake in Victoria, has lined up deals that will see it sell its remaining shares in the flooring designer, maker and distributor.
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- TRADE & INDUSTRY
Homeserve Furniture Repairs, one of the U.K.'s largest onsite furniture repair businesses, has partnered the Furniture and Home Improvement Ombudsman, the alternative dispute resolution (ADR) provider.
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- RETAIL & DISTRIBUTION
Retailer AHF is to become Fabb Furniture after what md Matt Hesketh described as years of research and development reviewing many different styles and potential brand names.
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- SUPPLY & WHOLESALE
Furniture manufacturers' prices were higher for a third straight month on an annual basis in September in data yet to reflect a tsunami of raw material cost pressures incurred by U.K. producers.
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- FLOORCOVERINGS
Verona Group, a distributor of smooth flooring ranging from LVT to stone and ceramic tiles, is to lease a newly-built warehouse in South Yorkshire.
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- RETAIL & DISTRIBUTION
Jarrow cabinet maker and retailer Funky Chunky Furniture says it plans to grow headcount even further as it strives to keep pace with rising customer demand.
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- RETAIL & DISTRIBUTION
New roles for two senior figures at 16-store semi-national retailer.
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- SUPPLY & WHOLESALE
Torben Villadsen is to step down as CEO at Actona Company after almost 25 years with the Denmark-based furniture design and wholesale business.
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- BEDS & MATTRESSES
Bensons for Beds has paid tribute to the British suppliers behind its new Rollo by Slumberland mattress programme which it says has become the most successful launch in the retailer's 70-year history.
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- SUPPLY & WHOLESALE
Earnings climbed at global furniture wholesaler Actona as the Denmark headquartered business found margin amid flat revenues.
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- OPINION & ANALYSIS
Furniture stores in Ireland will close from Wednesday and in Wales from Friday in a repeat of harsh lockdown measures seen earlier this year.
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- CASE GOODS
The group behind the Spaceslide bedrooms brand says its cash headroom is currently larger than it was pre-Covid thanks to additional financing facilities as well as strong post-lockdown trading.
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- SUPPLY & WHOLESALE
Italian furniture maker makes bond with electronics titan in bid to woo design-conscious millennials
Molteni&C, the designer furniture and lifestyle company, has formed a collaboration with the ultra-premium brand of consumer products giant LG Electronics.
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- UPHOLSTERY
Recliner giant Man Wah Holdings has not given up its attempt to take control of HTL despite the already-completed sale of the leather upholstery colossus back to its founder.
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- RETAIL & DISTRIBUTION
Furniture stores in Wales are among the non-essential retailers who have been ordered to close for two weeks following the announcement of a 'firebreak' by First Minister Mark Drakeford. Stores in Ireland face an even longer shutdown.
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- CASE GOODS
The Yorkshire group behind bedroom brand Spaceslide recorded a bigger deficit in 2019 after a decline in performance at its co-owned kitchens business Optiplan.
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- BEDS & MATTRESSES
The Covid-19 pandemic is accelerating a shift towards ecommerce in the mattress sector according to a new report by a major European furniture industry research body.
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- EVENTS
Kölnmesse, organiser of the IMM Cologne furniture exhibition held annually on the banks of the Rhine, say the upcoming edition will be a four-day event rather than seven.
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- TRADE & INDUSTRY
The number of furniture, flooring and furnishings companies filing for insolvency fell sharply both sequentially and on an annual basis in the third quarter including a record fallow period.
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- BEDS & MATTRESSES
The distributor behind the M Line mattress programme is to expand into Asia after striking a partnership agreement to grow its international footprint.
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- UPHOLSTERY
A key cog in the U.K. upholstery supply chain that lost out following the failures of QFC, Multiyork and Ultra more than recovered all that revenue and more in the year to March 31, 2020.
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- SUPPLY & WHOLESALE
It is unlikely that people will go back into the office in the same way as they did pre-pandemic according to a new report that has implications for the residential furniture sector.
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- REGIONAL
The owners of furniture retailer Laws of Perth have announced the planned permanent closure of the business after they accepted an offer on the building premises.
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- RETAIL & DISTRIBUTION
John Lewis & Partners, one of the biggest retailers of furniture in Britain, will add more inexpensive products to its home offer as part of a wide-ranging revamp that will also see the introduction of a buy or takeback option across all furniture.
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- RETAIL & DISTRIBUTION
Department store and beds retailer S.D. Kells posted a ninth successive sales climb in 2019–20 but cautioned of the significant impact of the coronavirus pandemic on trading in the period since.
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- EVENTS
Plans to reschedule The Flooring Show to early spring 2021 have been shelved with the event to return to its usual autumn timeline.
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- REGIONAL
Lukehurst, the third generation Kent home furnishings retailer celebrating its 50th anniversary, says it plans to press ahead with expansion next year.
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- BEDS & MATTRESSES
Weeks of zero takings during lockdown won't prevent the majority of bed and mattress retailers hitting their full year revenue targets according to a poll by the National Bed Federation (NBF).
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- RETAIL & DISTRIBUTION
Year-on-year sales have jumped by almost £100 million since the beginning of July for out-of-town furniture and homewares retailer Dunelm with the bulk of the gains coming from its digital sales channels.
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- CASE GOODS
Ready-to-assemble cabinet maker is a supplier to retailers such as Argos and employs nearly 70 people at its South Yorkshire factory.
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- SUPPLY & WHOLESALE
A South Wales furniture maker with worldwide revenue north of £90 million has expanded into the residential sector with the launch of a comprehensive design-led home office and living collection.
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- RETAIL & DISTRIBUTION
Bensons for Beds says it will shift its focus to special offers and deals throughout most of November rather than participate in the Black Friday promotion this year.
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- SUPPLY & WHOLESALE
The diversified home, gift and furniture wholesaler SIL slipped to a loss last year against a backdrop of weaker global growth and Brexit-related uncertainty.
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- UPHOLSTERY
Insolvency practitioners say efforts to recover a seven-figure debtor balance from one of the U.K.'s largest retailers of upholstery after the failure of a major British sofa manufacturer are over.
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- SUPPLY & WHOLESALE
Walker Greenbank, the interior furnishings manufacturer and distributor, will simplify its structure by rebranding as Sanderson Design Group later this year in a move it says better reflects its activities.
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- FLOORCOVERINGS
A multi-million pound investment from a co-owned property company has supported a turnaround plan at a diversified group whose business units include smooth floorcoverings brand Atkinson & Kirby.
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- SUPPLY & WHOLESALE
Bedding manufacturer, distributor and licensee Comfy Quilts found growth in 2019–20 buoyed by increased demand from an online retailer with whom it has familial ties.
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- UPHOLSTERY
Upholstery vertical DFS has joined the British Furniture Manufacturers (BFM) in a move that sees it become the largest single member of the national trade association.
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- BEDS & MATTRESSES
Chinese mattress imports into the U.K. jumped by more than a third at the height of summer to reach their highest level since January 2019.
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- SUPPLY & WHOLESALE
The Italian group that makes furniture under licence for a series of high-end lifestyle brands spanning Fendi Casa and Bentley Home has strengthened its leadership team.
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- FLOORCOVERINGS
Shipments of foreign-made carpet arriving on U.K. shores picked up in the late summer as spring lockdowns ended and factories whirred back into life.
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- RETAIL & DISTRIBUTION
Balance payment for 18-store off-price furniture and department store chain had been due just before lockdown, but remained unpaid six months on.
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- EVENTS
The next edition of the Scottish Interiors Showcase will take place early 2022 after this coming February's edition was postponed because of the pandemic.
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- UPHOLSTERY
A six-month stretch of falling upholstery imports into the U.K. has come to an end as orders from Eastern Europe and the Far East delivered growth for the category.
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- SUPPLY & WHOLESALE
British furniture manufacturers continued to narrow the year-on-year production deficit as they brought employees back from furlough, new Government figures show.
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- SUPPLY & WHOLESALE
August saw a ninth straight annual slide in living, dining and bedroom cabinet imports with all five of the most recent months seeing double-digit declines.
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- FLOORCOVERINGS
Tapi Carpets, the U.K.'s second largest floorcoverings retailer, has hired James Stringer as its digital director. He has been with the chain in an advisory capacity since last year.
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- FLOORCOVERINGS
Balta, the Belgian carpet and flooring conglomerate, said year-on-year third quarter profits will come in higher as a result of lower fixed costs and significantly improved margins.
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- BEDS & MATTRESSES
"The premium innerspring segment in the U.K. market is not being fully served," said Tempur Sealy International CEO Scott Thompson as the Kentucky conglomerate announced that — together with its joint venture partner — it is buying back the U.K. Sealy brand rights from Silentnight.
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- ECOMMERCE
Ecommerce retailer The Very Group grabbed a bigger slice of the home market as modest growth pre-pandemic exploded in the final quarter of its 2019–20 financial year.
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- RETAIL & DISTRIBUTION
Innovation paid dividends for Yorkshire chair specialist HSL with the group recording a six-figure corporation tax credit despite achieving pretax earnings north of £2 million last year.
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- BEDS & MATTRESSES
Britain's mattress supply chains are under unprecedented pressure as demand outstrips the ability for factories to make products fast enough, according to the National Bed Federation.
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- BEDS & MATTRESSES
The Bedeck bed, bath and household textiles group says it has taken steps to ensure its preparedness for rising ecommerce activity amid the ongoing coronavirus pandemic.
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- BEDS & MATTRESSES
Tempur Sealy International says it will "develop, expand and reposition" Sealy products in the U.K. after agreeing a buyback of the brand rights in a joint venture with the Dyer family, its longtime Asia-Pacific partner.
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- OPINION & ANALYSIS
Specialist furniture vertical HSL said four years of investment in its manufacturing operations paid dividends as it upped the volume of product leaving its own factory last year.
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- RETAIL & DISTRIBUTION
Specialist furniture vertical HSL found the sweet spot in 2019 as its 59-store retail network and home consultations delivered top and bottom line growth.
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- RETAIL & DISTRIBUTION
Drafts in longtime footwear boss in non-executive capacity.
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- SUPPLY & WHOLESALE
The production company behind a new business investment television show is calling for furniture makers who may be interested in participating to contact them.
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- SUPPLY & WHOLESALE
Shortages of foam and particle board are reducing production capacity and driving costs up, according to the British Furniture Manufacturers (BFM), which says retailers should brace for price increases.
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- SUPPLY & WHOLESALE
Case goods supplier Willis & Gambier has a new visual identity after its new owner revealed the outcome of its largest investment yet since acquiring the brand last summer.
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- RETAIL & DISTRIBUTION
North West outdoor furniture and furnishings company Moda has agreed a £7 million funding package as it looks to keep pace with rapid growth over the past year.
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- BEDS & MATTRESSES
The Vita Group will next year begin producing foam created from polyols derived from recycled mattresses after agreeing a collaboration with chemicals giant Dow.
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- BEDS & MATTRESSES
U.K. revenue for Hästens Beds jumped almost a third last year as the high-end Swedish mattress maker continued to finance its growth here.
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- SUPPLY & WHOLESALE
Rauch Möbelwerke, the German furniture manufacturer with a big U.K. presence, has named Markus Jansen as its new international sales director.
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- INTERNATIONAL
The new owner of the Habitat furniture retail business outside the U.K. will be granted an exclusive licence to operate the brand but will not immediately own the intellectual property.
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- SUPPLY & WHOLESALE
Multi-depot wholesaler STS Flooring Distributors booked higher profits last year on wider gross margin and tight control over costs.
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- INTERNATIONAL
Ingka Group, the largest IKEA worldwide franchisee, was bracing to report a record deficit as a result of the pandemic until surging online sales helped it recuperate losses.
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- BEDS & MATTRESSES
South East retailer Sussex Beds has launched its new television advertising campaign as part of plans by the ten-store business to increase marketing more than three-fold in short order.
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- RETAIL & DISTRIBUTION
The pandemic accelerated ecommerce growth at And So To Bed but the high-end bedroom retailer said it would have made strong gains regardless after investment last year.
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- UPHOLSTERY
Three stores, all in the North of England, planned between now and next year, with the first opening on Saturday.
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- FLOORCOVERINGS
Flat product sales and a decline in service income hit profits at Blackburn carpet maker Cavalier last year but the business still doubled its year-end cash reserves.
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- COMMUNITY
The Furniture Makers' Company, the industry charity, has outlined the ways in which stakeholders across the trade can spread awareness of Personal Support Grants so more potential recipients are aware of the financial support that may be available.
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