philGreenBHSTakeover interest in furniture-to-fashion business BHS has prompted its owner Sir Philip Green to consider selling the retail chain, according to press reports.

scsOldSofa and carpets chain ScS has confirmed its return to the stock market in a move that values the retailer at around £70m.

New stores and online helped John Lewis creep past year-earlier figures as poor weather conditions impacted performance in the seven days to 17th January.

British independent flooring retailers ended 2014 on a high to help wholesale giant Headlam offset weakness abroad last year.

Sofa retailer DFS is close to a return to the stock market with its private equity owner Advent International hoping to achieve a valuation approaching £1bn.

Britain’s biggest online flooring retailer says it has invested heavily to negate the impact of a change in the way search giant Google ranks websites.

Privately owned Midlands furniture distributors Serene and Carlton have each made senior sales appointments in the past month.

jyskCONew stores and the launch of an ecommerce arm helped JYSK grow UK sales by more than half in the year to end August.

In-the-home window dressings specialist Hillarys is to roll out its carpets and flooring offer nationwide after a successful trial.

Furniture suppliers Bentley Designs, Henderson Russell and Gallery Direct were the winners of The Furniture Awards, held for the first time at this year’s January Furniture Show.

leeLonglandsDerbyLee Longlands enjoyed strong sales and earnings growth in the period that saw it launch its £1m superstore in Derby city centre.

Vitafoam’s Prima Foam division has been awarded FIRA Gold Certification for its Primalux seat and back cushion.

Duresta says it has enjoyed a bump in demand from export markets including Australia, Japan and the Middle East while external factors have caused others to wobble.

Diversification into new product areas helped West Yorkshire cabinet furniture and components group Decorative Panels put £10m more on its top line in the year to end March.

The organisers of the January Furniture Show — which took place at the NEC last week — say the inaugural show was beyond their wildest dreams.

British buyers spent less on tufted and woven carpets in November, with overall imports only keeping pace with previous years thanks to Far East sourced rugs.

Lower sales to the UK’s largest customer was behind a fall in furniture exports in November, according to new figures.

The introduction of direct home delivery has given online sales a lift, according to North West rugs distributor Flair Flooring.

This year marks the 175th anniversary of premium bed brand Somnus, with celebrations to kick off with two special edition launches today.

Shopper numbers at out-of-town retail parks maintained their 2014 growth run with a 1.3 per cent rise in December.

The group behind emerging mattress and bed base retailer Memory Foam Warehouse says it has re-engineered its product line and cost base to reverse 2013–14 trading losses.

Imports rose sharply towards the end of 2014 driven by demand for Chinese and Polish sofas and Vietnamese cabinet furniture.

Commentary: Shareholders in the Whitestone group of carpet distribution companies have much to gain from the sale of the business to Victoria.

Internet sales and new stores helped John Lewis grow revenue last week as 82 per cent of its shops open more than a year failed to match year-earlier trade.

International case goods manufacturer Jonathan Charles has launched JC Edited, a new brand and product line aimed at independent furniture stores.

AlanWardGroup profits jumped 56 per cent for Alan Ward despite a relatively stable year for its furniture and furnishings retail division.

Mohawk, the US headquartered flooring conglomerate, has added Belgium based IVC Group to its portfolio in a deal worth $1.2bn, around £790m.

A reduced level of promotional activity stymied sales growth at Argos in the run-up to Christmas and beyond but margins improved.

grangeWeak demand is continuing to hamper efforts to galvanise French furniture maker Grange, with its UK owner exploring options for the business.

Furniture producers face higher costs than other UK manufacturing sectors, but they were still able to recover margin last month.

Furniture retail price deflation narrowed in December suggesting firms were able hold off on major discounting until the post-Christmas sale period.

Furniture distributor TCS — The Complete Service — is launching into the carpets and flooring sector and has invested in machinery and product to enable fast delivery.

VictoriaWhitestoneCarpets and flooring manufacturer and distributor Victoria has agreed to buy the Whitestone Weavers group from its private shareholders in a deal worth up to £14m.

Retail giant IKEA said sales in the final four months of 2014 were up in double-digits with mattress sales a key growth driver.

brintonsCarpet giant Brintons said it has invested heavily in high definition technology though restructuring costs of nearly £4m hit profits.

Retailers squeezed an extra 1 per cent out of consumers in December compared to last year, according to the trade body representing the largest UK firms.

The owner of ScS is progressing plans to sell or float the UK’s second largest upholstery retailer with an IPO announcement possible within weeks.

Carpets and floorcoverings manufacturer and distributor Victoria has made its second share issue to retailers as part of its plan to encourage them to sell more of its goods.

jdpUpholstery group JDP — owner of the Celebrity, Cintique, Wade and Parker & Farr brands — posted strong sales and profits in the year to end September.

Underlay and flooring accessories giant Interfloor narrowed pre-tax losses as it benefitted from consolidation.

sherborneWest Yorkshire upholstery producer Sherborne has posted its first seven-figure profit in 13 years, with a 320 basis point swing in gross margin a contributing factor.

Trade kitchens supplier Howdens is planning to build a new 2.2 million sqft national distribution centre as it looks to build on growth that saw sales rocket past £1bn in 2014.

Investors have pumped another €25m into fast growing ecommerce retailer Westwing, the Germany based home and living website.

Current demand has put iconic sofa brand Tetrad on track to grow sales by more than £3m this year and even more the next with the company in line to return to profit.

Commentary: Mattress and beds have been among the best-selling furniture categories online since the ecommerce explosion.

dunelmCoRising furniture sales — up nearly two-thirds on the previous year — contributed to strong growth at national chain Dunelm in the 26 weeks to 27th December.

Seven-figure development work has completed at Snuggledown’s main factory plant in Lancashire with an official unveiling scheduled for this month.



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