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DFS says senior members of its marketing team are reporting into its chief commercial officer while it recruits a replacement for Helen Normoyle, who has left her post as chief marketing officer.
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Today is the deadline for both Steinhoff and Sainsbury’s to firm up their takeover approaches for Home Retail Group, owner of general merchandise retailer Argos.
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The British Furniture Confederation (BFC) has named Jonathan Hindle as its new chairman, replacing Paul von der Heyde who is stepping down after four years in the role.
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Modern furniture and design retailer Heal’s halved its trading deficit in 2014–15 on a strong underlying sales performance and a re-engineered cost base.
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Sales fell 4.3 per cent to £71.5m at John Lewis last week as the retailer came up against the later-falling Mother’s Day comps for 2015.
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The former buying director of DFS and members of the founding Kirkham family are directors of a new venture with the sofa trade anticipating the launch of fresh competition.
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Bigger shipments of Vietnamese and Chinese bedroom cabinet into Britain made up for weakness in other case goods categories in January, according to Government data.
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Profits jumped by a third for Beter Bed Holding in the year to end December as sales grew in all six countries in which it operates.
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Upholstery shipments into the UK flatlined in the first month of 2016 as rising demand for Chinese sofas was negated by weak orders for EU-made goods.
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Leisure activities helped out-of-town shopping parks to attract higher footfall as consumers avoided high streets and shopping centres last month.
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Mattress and beds retailer Land of Beds has been named top family business at a regional awards ceremony as the independent prepares to expand its store footprint.
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European revenues declined at major leather upholstery source HTL International in the lead up to its planned sale to one of China’s largest furniture companies.
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Argos said furniture sales were strong in the eight weeks to 27th February as total revenue across the multichannel retailer increased on the back of new digital store concessions.
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Flooring group Victoria PLC says it is in early-stage discussions regarding the possible takeover of Belgian carpets giant Lano in a move that would represent its sixth acquisition in under two years.
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Revenue climbed for a fourth successive year at privately owned Cumbria retailer Stollers Furniture World in the year to end August.
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John Lewis’ Home sales advanced double-digit last week, buoyed by lower-ticket categories selling well in the run-up to Mother’s Day.
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Global bedding supplier Tempur Sealy International has revealed branding, imagery, pricing and the service proposition behind its Sealy business’ entry into the bed-in-a-box market.
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Home department store retail group Leekes has announced it has agreed to buy third generation retailer Park Furnishers. Terms were not immediately disclosed.
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Sofa chain DFS says in-house design remains crucial to the retailer following changes within its East Midlands based design department.
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Lancashire manufacturer Sweet Dreams is investing around £1m on a historic mill in Nelson as its expands its bed and mattress component production.
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General merchandise retailer Argos fits the profile of a typical Steinhoff acquisition, according to the CEO of the Europe, Africa and Australasia based conglomerate.
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IKEA says it will build a new web platform for its UK business as it looks to capitalise on high sales and profits growth here last year.
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Leeds mattress and bed technology firm Harrison Spinks has appointed Michael Dingwall as manufacturing director.
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Participation in The London Fabric Show ramped up this year underscoring positive sentiment in Britain’s upholstery industry.
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Steinhoff plans to expand its Wellington and Huntingdon bed factories as it builds capacity following high demand for its relaunched Slumberland and Dunlopillo brands.
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Flooring giant Headlam said its UK operation outperformed the market in 2015 as profits jumped by almost a fifth.
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The md of Sleepeezee owner Simmons Bedding Group says it is business as usual for the manufacturer despite financial problems at its French parent company.
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Furniture was the top performer within John Lewis’ Home directorate last week, rising 11.2 per cent on the same week a year ago.
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Bensons for Beds expanded its retail footprint to 268 stores as Steinhoff’s UK retail business grew sales by 11 per cent in the six months to end December.
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Furniture and lighting sales trended up in high single-digits for Irish retailers in January as the new year continued along the same vein as 2015.
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Furniture and home goods retailer Wayfair is ramping up UK advertising spend as it looks to build on its prior investment in job creation here and across Europe.
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The number of people working in retail will drop by almost 1 million over the next decade as stores close and new technologies displace many existing roles.
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Consumer confidence took a knock in February as stock market turbulence prompted fears the economy could take a hit.
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Adjustable beds and upholstery manufacturer Furmanac grew sales 15.9 per cent last year with its turnover having more than doubled in under five years.
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Sharps has relaunched its flagship London showroom with a new store format described as a ”huge jump forward” by the national furniture chain’s marketing director Tim Moore.
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Big-ticket furniture sales trended up in high single-digits for members of buying group Associated Independent Stores in 2014–15, building on 4.2 per cent growth the year before.
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More furniture and flooring retailers saw falling sales in February compared to those reporting rises, according to the first of the monthly retail monitors.
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Foreign buyers attended in greater numbers at the Stockholm Furniture & Light exhibition, which took place in the Swedish capital earlier this month (9–13 Feb.2016).
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Mattress brand Simba has launched into the ecommerce beds market and announced a partnership with department store retailer John Lewis.
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Luxury bed maker Hypnos expanded its international dealer network as it grew its top line by almost a third in the year to end June.
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Sainsbury’s has been given an extension to decide whether or not to make a firm bid for Home Retail Group, owner of Argos, after Steinhoff made an approach Friday.
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H.Dawson Sons & Company, a wool supplier based in Yorkshire, has acquired a majority stake in Axminster Carpets, the Devon manufacturer rescued from administration in 2013.
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Harveys and Bensons for Beds owner Steinhoff has approached Home Retail Group with a possible cash offer that threatens to scupper Sainsbury’s takeover bid for the Argos owner.
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Upholstery specialist Sofaworks completed the last of its 33 store branding changes last week as it transitions to its new Sofology name.
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Upholstery retailer Sofology is planning to open six new stores this year, bringing the chain to almost 40 shops by the end of 2016.
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Italian furniture and design brand Kartell has opened its first UK monobrand showroom with a store in the Knightsbridge area of London.
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Ecommerce group Worldstores is to merge its flash sales businesses under the Achica brand with the Casafina label to be dropped and customers migrated over.
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Furniture logistics specialist Andrew Porter has announced two new management hires as part of a restructure designed to make the business more customer focused.
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Price inflation returned to the furniture retail sector in January as rate rises at the factory gate remained at a two-year high.
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Big-ticket furniture lines made the most year-on-year sales headway within the Home directorate at department store chain John Lewis last week.
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Adjustable furniture vertical HSL will take nationwide showroom numbers to 57 with the opening of further stores in the next fortnight.
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Shopper numbers increased sharply in January with rises across both types of destination most popular with furniture and floorcoverings retailers.
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Cabinet furniture imports into Britain dropped 3 per cent in December on lower demand for living and dining categories as well as goods manufactured in Europe.
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MEPs claim furniture retailer IKEA has avoided €1bn in taxes over the past six years and €11.6m in the UK alone in its latest reported year.
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Mohammed Rafiq, the md and owner of the defunct bed manufacturer Hick Lane Bedding, has been sentenced to 27 months in prison after being found guilty of human trafficking.
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Upholstery imports climbed double-digits in December, propelled by a large increase in Chinese sofa shipments to British retailers and wholesalers.
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Carpet imports rose 8.6 per cent in December driven by higher demand for goods made in Belgium, UK customers’ largest supplier.
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Upholstery retailer DFS is lining up another three stores in locations across the Midlands and South as it takes its total UK estate well beyond 100 units.
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The Furniture Industry Research Association has named Charles Vernon as chairman. He takes over from Michael Powell, who is stepping down after five years in the role.
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Bedroom producer One Call says it can offer retailers a wider range of furniture on quick lead times after investing £2.5m on machinery and doubling production capacity.
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Modern upholstery specialist Camerich has opened the first of several planned stores for 2016 with a new unit in North London.
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Home goods retailer Dunelm is looking to expand its store footprint in the capital as it builds on double-digit revenue growth in the six months to 2nd January.
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Quieter furniture demand contributed to a dip in Home category goods sales at John Lewis last week. Total sales still climbed 2.5 per cent to £70.6m.
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Lawyers working on behalf of the estate of one of Britain’s largest beds manufacturers have agreed a seven-figure settlement with foam suppliers following a damages claim.
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Big-ticket furniture lines were the headline act in January as retailers enjoyed their strongest month since September according to the British Retail Consortium.
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Northallerton retailer Barkers will cut the ribbon on its expanded home furnishings store before Easter and will rename it as Barkers Home.
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Sales climbed for wood based panels supplier Egger in the UK last year, reflecting improving conditions in the British cabinet furniture sector. Profits also rose sharply.
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The UK md of memory foam pioneer Tempur says its new hybrid mattress programme will be available to UK retailers later this year.
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Furniture and lighting retail sales in Ireland climbed double-digit for a fifth consecutive month in December as traders ended 2015 in positive fashion.
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The dates for the spring edition of the China International Furniture Fair have been fixed for 18th–21st March in Guangzhou.
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Aspace’s former owner was among the only dissenters in the kids furniture retailer agreeing its CVA with creditors last month.
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