The company that acquired TJ Hughes department stores located primarily across the North of England and Scotland has agreed a company voluntary arrangement (CVA) with creditors.

Akula Living, the outdoor furniture supplier to the leisure and hospitality sectors, has agreed a six-figure debt finance package to help it fund overseas growth.

Bensons for Beds said its decision to grow the headcount at its Huntingdon factory by 13 percent is a response to rising demand, with the retailer and manufacturer concurrently adding more warehouse capacity.

The British Furniture Manufacturers (BFM) has put its members at the heart of its revamped website, providing them with an enhanced digital presence for their products.

Upholstery specialist Sofology is launching a new rental option which gives customers the choice of agreeing monthly payment plans for a fixed period before returning products back to the chain.

Floorcoverings distributor Likewise Group says it plans to raise £10 million as part of a move to the Alternative Investors Market (AIM) of the London Stock Exchange.

Paloma Faith, the singer, songwriter and actress, has launched her own direct-to-consumer and wholesale interiors brand, majoring in soft furnishings and with plans to expand into furniture.

Headlam Group, the Midlands headquartered flooring wholesale conglomerate, has moved to reassure customers regarding stock against a backdrop of industry-wide supply issues.

Furniture and department store retailer Oldrids & Co, operator of the Oldrids and Downtown fascias, is to operate from a reduced physical store footprint through the autumn.

Revenue at ecommerce retailer Studio Retail Group jumped by a third in the year to end March with it citing furniture as a category that can help it raise average order values.

The sale of its self-storage business helped the parent company to former furniture retailer Alan Ward record seven-figure profits in 2019–20, ahead of the brand disappearing from the industry.

The company behind four-store independent retailer Fairway Furniture grew profits in 2020–21 and said the pandemic has left some regional competitors vulnerable.

The parent to out-of-town retailer Trago returned to profit in 2020 as it annualised vast property write-downs and benefitted from cost savings.

One of the U.K.'s largest makers of upholstered furniture for the leisure industry incurred a first-ever loss last year as its principal market was among the hardest hit by Covid.

Classic Furniture, one of the U.K.'s largest privately-owned furniture importers and wholesalers, grew profits last year on the back of wider margins.

Britain's bed industry will be required to demonstrate how it will handle product recalls as a result of the latest update to the National Bed Federation's (NBF) Code of Practice.

National kitchen retailer Wren booked double-digit gains in both revenue and profit last year while a decision to invest in inventory proved judicious and helped negate supply chain issues that hurt rivals.

National bed specialist Bensons for Beds has relocated its Stockport store, having previously traded from a unit co-located with its former sister furniture chain Harveys.

DFS, the U.K.'s largest upholstery retailer, has appointed Loraine Martins OBE, director of Diversity and Inclusion at Network Rail since 2012, as an independent non-executive director.

Year-long administration process leads to positive outcome for privately-owned six-store U.K. furniture retailer and other stakeholders including suppliers.

Hardwood furniture and upholstery retailer Oak Furnitureland is to expand into the sleep category, putting a recently acquired U.K. mattress brand at the heart of its plan.

U.K. shoppers' attitudes to furniture purchases edged closer to pre-Covid levels in June with consumer confidence pollster GfK reporting a third straight improvement in its Major Purchases Index.

Loaf, the eight-store and online furniture retailer, is now partnering payments company Adyen in a move that consolidates processes and should further improve the customer experience.

Exhibitors have already pledged their support to the Autumn Furniture Show after its sister Summer Furniture Show successfully heralded the return of trade events earlier this month.

Shares in DFS have performed admirably in the past 12 months, rising almost 70 percent. If they climb a bit further, the upholstery market leader will soon be as valuable as Made.com (MADE).

A showroom on Tottenham Court Road has doubled the number of Noble Souls stores in London as brand owner Timothy Oulton continues its worldwide expansion strategy.

Dreams, the U.K.'s largest bed specialist, has formally launched its dedicated ecommerce brand Sleep and Snooze, saying it will be distinct from its core business.

International trade in upholstered furniture ticked up last year despite Covid-19 wreaking havoc through the supply chain, limiting the ability for manufacturers to produce and retailers to open stores.

Department store chain John Lewis & Partners is to double the size of its furniture rental programme following the launch of a rent-with-the-option-to-buy pilot scheme last year.

Tempur Sealy International (TSI) and Leggett & Platt (L&P) both have long track records in the U.K. bedding market but their importance will be elevated further following deals for Dreams and Kayfoam Woolfson respectively.

The Manchester Furniture Show, this year to be held in Harrogate alongside the Home & Gift Buyers' Festival, has been selected to be part of a limited number of pilot events in the third phase of the Government's Events Research Programme (ERP).

The British Furniture Manufacturers (BFM) will begin a hunt for a new managing director after Nick Garratt announced his intention to step down at the end of 2021.

Home and garden retail giant IKEA has extended its partnership with logistics company Wincanton at two key locations in the South East of England.

Ultra high end furniture company Linley says its business stands renewed, ahead of plan and restored to profit as it recovers from the profound impact of the pandemic.

Leeds direct-to-consumer mattress brand Otty Sleep achieved its first full year profitability milestone last year on the back of improved marketing efficiency. But it said stock shortages impacted delivered turnover.

Flooring conglomerate Victoria has agreed to buy multichannel U.S. smooth flooring distributor Cali Bamboo Holdings for consideration totalling $76.1 million (£55.1m) in addition to the paydown of debt.

Britain's competition watchdog said it will use the remainder of 2021 to gather, analyse and review information in relation to suspected resale price maintenance by a prominent U.K. lighting company.

Bed manufacturer Harrison Spinks has donated dozens of mattresses and divan bases to a pioneering new development in its home city that will positively support homeless people as they move back into communities.

May residential housing transactions were at a seven-year high as the property market continued to provide a pipeline of fresh business for furniture and flooring retailers.

WJ Aldiss, one of the U.K'.s largest privately-owned furniture retailers, said it remained profitable in 2019–20 despite the 10-week lockdown last March hitting the usually-strong spring promotional period.

Sofa fabrics supplier Mobus has paid tribute to md Ian Bostock following his decision to retire, saying he made a huge contribution and that it will look to build on his legacy.

Revenue declined for one of the U.K.'s largest suppliers of decorative lighting last year, with it saying that traditional bricks-and-mortar retail was hit first by Brexit uncertainty, which was then accelerated by the pandemic.

Ecommerce bed retailer Mattress Online enjoyed exponential sales and profits growth in the past year and is to up its bricks-and-mortar presence with a store opening programme.

Investment firm Sun European Partners has agreed to sell fitted bedroom and home office furniture retailer Sharps to funds advised by Epiris, a London based private equity investor.

Ecommerce boosted furniture retail sales in the first quarter but U.K. retailers still unwound more than £800 million of orders taken in stores before Christmas thanks to deliveries being allowed to continue.

Revenue was flat at the wholly-owned retail arm of furniture and interiors brand Neptune in the year to September but its wholesale division, which also supplies third party retailers and franchisees, found growth.

Revenue advanced sharply for Costco's U.K. ecommerce business last year powered by growth in categories such as home and office furniture.

Venture capital company True owns 10.5 percent of the voting rights in bedding retailer Bedfolk following its previously-announced investment earlier this year.

The National Bed Federation (NBF) has told the Government a sector-specific Extended Producer Responsibility (EPR) scheme will work better than adopting a one-size fits all approach in its response to a consultation that will have widespread consequences for the furniture sector.

Furniture and lighting sales rocketed in May as U.K. retailers continued to bounce back strongly from early year restrictions on in store trading.

U.K. tax authorities have refunded just over £1 million in VAT as restructuring advisors continue to work on the estate of the predecessor company to Silentnight, whose business and assets were sold in a prepack deal ten years ago.

Revenue fell last year for the owner of four well-known British kitchen brands including Chippendale, but costs fell at a faster rate as the group returned to profit and repaid all outstanding bank borrowings.

The home shopping group behind brands including Home Essentials and JD Williams saw demand for home-related products slide as it annualised the positive impact on trade from the pandemic.

Profits fell by more than a third for the U.K. arm of furniture manufacturing conglomerate Herman Miller last year, hit by the pandemic and one-off costs.

Consumer price inflation for furniture and furnishings reached its highest level since late 2016 last month as retailers passed on the effects of rising costs through the supply chain.

April saw another eight-figure shipment of mattresses arrive at U.K. ports but the total in the year-to-date remains lower than in comparable periods.

A year-end buffeted by Covid failed to prevent furniture wholesaler Julian Bowen finding double-digit revenue and profits growth last year.

An industry-wide lament over rising container prices and limited space aboard vessels is unsurprising given never-before seen levels of wood furniture arriving in the U.K. from the Far East.

The Vita Group has joined the Furniture Makers' Company, the furnishings industry charity and City of London livery company, as a corporate member.

Ships rammed front-to-back with upholstery landed on U.K. shores in the first four months of 2021 with imports up 43 percent year-on-year and 10 percent on a more comparable two-year basis.

Furniture retailer Made.com has announced the pricing of its initial public offering (IPO) at 200 pence per share, valuing the business at about £775.3 million.

Order intake at upholstery and flooring retailer ScS climbed 79 percent on a comparable two-year basis in the two months after its shops reopened this spring.

Furniture conglomerate JYSK is to build a vast distribution centre in the Netherlands serving stores in four countries including the U.K. and Ireland.

Organisers of the Manchester Furniture have reaffirmed that the event, this year co-located with the Home & Gift Buyers' Festival in Harrogate, will be going ahead as planned.

Mattress supplier Mammoth has backed the Pickstar Rugby Players Association 2021 Awards by sponsoring the England Men’s Player of the Year category.

The founder of a design studio that has won awards for its residential and commercial projects has launched a high-end furniture, lighting and accessories ecommerce brand.

Sales and profits advanced for Graham & Green in the year to July 31 as the four-store furniture and interiors retailer made the most of strong online demand.

Apparel retail operations veteran Mark Higgins has joined Amara Living, the upmarket interiors and lifestyle ecommerce brand, as chief operating officer (COO).

Dreams launched its new advertising campaign in partnership with the British Olympic Association (BOA) and British Paralympic Association (BPA) on Monday ahead of the Olympics and Paralympic Games this summer.

Britain's bed industry is ready to move forward, says the National Bed Federation, which at its Annual General Meeting (AGM) vowed to continue to put sustainability at the heart of its activity.

Furniture and homeware retailer Cox & Cox has joined the Furniture & Home Improvement Ombudsman (FHIO), a move it says demonstrates its ongoing commitment to raising standards and promoting consumer confidence.

Sales and profits declined for Coach House in 2019–20 but the major furniture and home accents supplier still delivered a class-leading performance amid the disruption of the pandemic.

U.K. furniture production continues to recover from the pandemic but turnover across the sector still remains short of comparable data from two years ago despite high demand.

Imports of carpets climbed four-fold on last year and were up more than a third on a two-year basis as retailers and distributors looked to satisfy rising demand among end users.

A Sussex based bedding and soft furnishings retailer set up in a garden shed four years ago has raised £6 million from venture capitalists as it looks to expand internationally.

Broxburn-based retailer Kitchens International has been acquired by James Donaldson & Sons (JDS), the £268 million turnover Scottish timber merchant.

Arighi Bianchi says it is well placed to take advantage of the pent up demand generated from the Covid crisis with the major independent furniture retailer saying it expects to bounce back strongly after a difficult year.

The soft furnishings supplier behind the ILiv brand found margin expansion as it mitigated the impact of a double-digit pandemic-influenced fall in sales last year.

Pandemic disruption didn't stop the Northern Ireland headquartered company behind the Flanagan Flooring Distributors business finding sales and profit growth in the year to end September.

CFS of Leicester, a large single-store independent furniture retailer, has expanded the showroom space at its East Midlands store.

Bolda is a new Manchester based tech tool that enables furniture retailers to track and monitor competition and trends including pricing data on both branded and private label products.

U.S. bedding and components conglomerate Leggett & Platt has acquired Kayfoam Woolfson, the Ireland based foam producer and bed manufacturer behind brands including Kaymed.

Pent up demand meant comparable orders almost doubled for DFS as the retailer emerged from lockdown, with online business remaining high but returning closer to pre-Covid levels.

Demand continues to be high despite supply chain constraints according to the md of Lebus Upholstery, one of the U.K.'s largest sofa manufacturers.

The U.K. represents a big market opportunity for European companies as producers in the Far East are grappling even tougher supply chain issues than are being experienced here, according to upholstery producer Nicoletti Home.

The newly-formed enterprise that emerged from the ashes of a regional beds chain in the North East of England has made a positive start, new figures show.

The Moot Group, the ecommerce retailer behind furniture, lighting and accessories brands Houseology and Olivia's, raised new seven-figure equity funding this spring.

A West Yorkshire mattress, bed and headboard maker will begin taking new orders again from Friday as it recovers from its factory being partially destroyed by a fire earlier this year.

Covid-19 restrictions in Malaysia threaten to delay the production and arrival of furniture arriving into the U.K. as the Far East nation looks to get the virus under control.

The East of England store that kickstarted IKEA's pilot of small-format shops across the U.K. almost six years ago is to close, with the retailer citing its underperformance.

Employee numbers at a small-to-medium sized upholstery producer in the North East doubled in the period leading up to and including the early months of the pandemic.

Tempur Sealy International, the world's largest bedding producer, has chosen a 130-acre site at Crawfordsville, Indiana as the location for a previously-announced domestic foam-pouring factory.

Five well known industry figures are cycling from Axminster to London this month as part of The Furniture Makers' Step 2 It campaign.

Upholstery brand Arlo & Jacob has launched a new programme called the Ready Made collection as it looks to take advantage of a surging housing market part-fuelled by the stamp duty holiday.

Losses widened at the group behind the rise and recline chair and adjustable beds brands Middletons and Oak Tree last year though it built increased liquidity through cash management.

An already thin base of U.K. standalone bedroom cabinet makers was further depleted by the insolvency of two North West furniture companies earlier this spring.

A pandemic-induced loss of revenue in the final quarter of its financial year didn't stop major rug supplier Flair Flooring near maintaining full year sales in 2019–20.

Consumer spending grew at its fastest rate since the start of the pandemic last month as the impact of restrictions being eased helped retailers and the hospitality sector.

Premium-pitched bedding retailer Bedfolk has raised £1 million from the venture capital firm that has backed furniture retailer The Cotswold Company for the past five years.

National retailer Furniture Village says it has implemented workaround solutions and manual processes to limit disruption to the business and customer orders following a cybersecurity incident.

Committed purchasers are helping negate continued weak footfall as comparable store traffic continued to trend lower across U.K. retail destinations last month.

Revenue fell at the semi-national value retailer W Boyes & Co in the year to January 31 as a result of the impact of store closures during the first lockdown. It later remained open as subsequent restrictions were imposed.

The National Bed Federation (NBF) has announced the categories for its 12th annual industry awards, including a new category — the NBF Retail Champion of the Year.

The owner of the M Line mattress wholesale brand that was once ubiquitous across British retail parks is launching a new bed subscription service in the hope of generating lifetime relationships with customers.

The pandemic has helped discount store retailer B&M push further into the furniture sector and attract wealthier customers in the process, pitching it against higher-end competition.

Habitat already had the wind in its sails by the time J Sainsbury announced plans for the iconic brand to become its core home and furniture label across its supermarket and Argos business.

Room To Grow, the Yorkshire based children's bedroom specialist, has launched its first nursery range as it takes its product offer to a new, younger age group for the first time.

Not Just Beds, a new privately-owned furniture and beds retailer, is completing fit-out ahead of opening its first showroom.

One of Britain's leading fitted bedroom furniture retailers has hired advisors to explore strategic options as it razors in on the management of soon-to-mature borrowing.

A marked channel shift to online meant fitted furniture retailer Sharps saw no negative impact on orders from its shops being shut in the first quarter. It said profits benefitted from lower store costs.

Surging online demand meant ecommerce represented about half of total revenue last year for Heal's, the designer furniture retailer.

The company behind the Stompa kids furniture brand in the U.K. made substantial six-figure gains in the year taking in the early weeks of the pandemic, building cash in the process.

A new Legal Hub for British furniture manufacturers launched Monday offering legal and business advice on subjects such as health and safety, employment, tax, contracts and data protection.

Lars Larsen Group plans to follow up its takeover of Danish upholstery retailer SofaCompany with the acquisition of a 16-store Swedish mattress chain.

The acquisition of Arlo & Jacob by upholstery group TCM Living will see floorcoverings added to the retailer's product roster as it leverages wider group manufacturing assets and synergies.

TCM Living, the upholstery group that owns Alexander & James, Ashley Manor, AMX Design and Alstons, has acquired sofa retailer Arlo & Jacob. It becomes the group's first business-to-consumer brand.

Luxury furniture retailer RH has time-lined the first of its ten planned European galleries including revealing the location of its Paris emporium and cities in Germany where it has already secured properties.

Symphony Group, one of the U.K.'s largest furniture manufacturers, is to invest in a large dual-purpose production warehouse adjacent to its existing factory at Barnsley, South Yorkshire.

Beds specialist Bensons for Beds has appointed Ian Shepherd as chairman, replacing ex-KPMG md Chris Howell who has stepped down after nearly two years with the retailer.

The value of furniture imports into the U.K. may have risen in the past decade but new data indicates that buyers are coalescing around fewer, larger manufacturers as a result of global consolidation.

Department store retailer John Lewis & Partners has appointed Dunelm's digital director Steven Masterton to run its own ecommerce operation. He is among a slew of senior hires.

A combination of selling price increases and supplier negotiations have helped flooring conglomerate Victoria shrug off the impact of rising input costs in a period of never-before seen growth.

The overwhelming majority of U.K. furniture manufacturers are elevating the management of environmental challenges as a business priority, but all those taking part in a new research study say there is not yet a sector-wide strategy across the industry.

SATRA Technology Centre will host a Technical Forum for domestic furniture this summer where it will highlight proposed changes to industry standards and legislation and provide an opportunity for delegates to give feedback ahead of their implementation.

Dreams CEO Mike Logue says there remains plenty of business for the retailer to go after in the U.K. market following its proposed takeover by Tempur Sealy International, the world's largest bedding company.

Dreams will next week open the first physical Feather & Black showroom since it acquired the brand and web operations of the high-end retail fascia last July.

Danish ready-to-assemble furniture makers Tvilum and Steens have built on ownership ties first formed three years ago with the former acquiring the latter for undisclosed terms.

Revenue poured in for multinational furniture and home accents retailer Maisons du Monde in the first quarter but it cautioned it had limited visibility for the second half of this year.

The Conran Shop, the furniture, design and lifestyle retailer, has appointed Peter Jenkins as its new chief executive officer.

Tempur Sealy International, the world's biggest bed company, has agreed to acquire U.K. bed specialist Dreams in a takeover worth an expected £340 million.

Lars Larsen Group has added to its roster of international furniture brands with the acquisition of SofaCompany, a €73 million turnover direct-to-consumer brand operating in multiple markets.

FIRA International is conducting a review of its furniture inspection and repair business but says no definite decision has been taken regarding the outcome, rendering closure talk premature.

A lower cost base helped Gardiner Haskins Interiors double underlying profits in 2020 despite the impact of the pandemic on the two-store business.

Homebase has fully walked back the plan to exit big-ticket furniture categories enacted by its former owner, with the category featuring heavily in its first major store opening in six years.

Home and garden retail giant IKEA is souping up its credit offer for U.K. consumers with finance now available for purchases up to £15,000.

Online home sales outperformed other categories at general merchandise and food retailer Marks & Spencer, but not enough to mitigate enforced store closures. It said the collapse of Debenhams represents an opportunity to find new stores.

Recticel, the Belgium foam conglomerate and a key supplier to U.K. sofa and mattress manufacturers, says the €755 million takeover approach by rival Greiner is nowhere near high enough.

Dewsbury guest bed, mattress and sofabed maker Jay-Be said it had a solid year in 2019–20 thanks to the can-do attitude of its colleagues. It added that it is on track to deliver a record top line this year.

An early spring prepack deal that saved seven showrooms trading as In-Toto Kitchens left creditors facing a multi-million shortfall.

Now is the time for the furniture industry to shine with consumers expected to pivot discretionary spend to other areas and activities before too long, according to the md of The British Furniture Manufacturers (BFM).

Sarah Bianchi has become managing director at Macclesfield based Arighi Bianchi, one of Europe's largest privately-owned single-store furniture retailers.

Higher delivered sales, a disposal and judicious cost management helped Italian upholstery conglomerate Natuzzi return to profit in the first quarter of 2021.

Furniture retailer Made.com has confirmed plans to launch an initial public offering (IPO), seeking to raise at least £100 million which it will use to expand in existing markets and cut lead times.

Sofology, Britain's third largest upholstery specialist, has teamed a new A-List celebrity for its latest television advertising campaign, which aired for the first time Monday night.

Wincanton, the delivery company that lists IKEA, Loaf and Snug among its clientele, said its new digital and efulfilment sector had an exceptional year as the logistics giant reported higher 2020–21 profits.

Headlam Group, the flooring wholesale giant, said its residential business helped deliver strong growth on weak comparatives last year and keep revenue within a whisker on a two-year basis.

Five of the existing leadership team have completed a management buyout at East Midlands sofa designer, importer and distributor Siren Furniture. They plan to expand the business' customer base.

Gillies of Broughty Ferry, one of the U.K.'s largest privately-owned furniture retailers, said the past year had seen it make tough decisions as it navigated the challenges and uncertainties of the pandemic.

Made.com Design, the furniture retailer, is putting the final touches to plans to launch an Initial Public Offering (IPO) with an announcement expected as soon as this week.

Furniture and lighting sales surged against barely-existent comparatives in April, but they were also almost double-digit higher than the revenue achieved on a more-comparable two-year basis.



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