The liquidator and lawyers chasing the former owner of Collins & Hayes for a portion of the seven-figure sum his company received for selling its intellectual property have scored a victory in the battle to recoup funds for creditors.

J Sainsbury, the supermarket giant, has recapitalised the operating company of its Habitat furniture and homewares retail brand for the second time in three years.

An online retailer behind multiple branded bedding websites slipped to a loss last year after higher sales costs hit margins.

Carpet and flooring manufacturer and wholesaler Victoria is to refinance with a leverage-neutral bond issue for €350 million.

Furniture and flooring retailers in England face another seven weeks of mandated closure with the earliest possible reopening date being a week after the Easter Bank Holiday weekend, habitually a money-spinning period for the trade.

One in every three pounds spent on key furniture items such as sofas was spent online in 2020 as ecommerce surged and store sales fell sharply as a result of mandated shop closures and changing consumer behaviour.

David Fletcher has joined diversified Wakefield based manufacturer GNG Group as key accounts director for its beds division, including its Komfi brand.

Department store retailer John Lewis & Partners could close up to a further eight stores on top of a similar number that remained shut after the first lockdown last year, according to weekend press reports.

West Yorkshire bed manufacturer Duvalay has strengthened its senior leadership team with appointments that bolster its family-owned and run credentials.

Consumer big-ticket spend intention this month reached its highest level since February last year, according to polling company GfK.

The chairman of Harrison Spinks says the pandemic has accelerated the bed maker's pace of innovation with it having launched a product at "hyper speed" when it was forced to close last March.

Furniture and lighting sales dropped sharply as expected in January as a result of retailers only being able to deliver products rather than take new orders from anywhere other than the Internet.

Office furniture conglomerate Herman Miller says the business has invested heavily in product adaptation and online with retail becoming more important amid work-from-home directives in key markets.

Two MPs in furniture manufacturing strongholds will join the heads of Britain's leading industry trade associations for the second episode in the Innovation In Times Of Crisis webinar series.

China was the only major cabinet furniture source nation to match year-earlier levels in 2020 as the pandemic clipped imports into the U.K. from most key markets.

Rising upstream supply chain costs have reached the consumer, with furniture retail price inflation increasing to its highest level since October 2017.

A rush of imports in the final quarter meant Britain brought more foreign-made mattresses into the U.K. for the seventh year in a row in 2020.

National retailer Furniture Village has become one of the first companies in the industry to adopt testing at scale as it looks to remain at the vanguard of efforts to keep its business, employees and customers Covid secure.

Profits advanced at designer kitchenware and housewares brand Joseph Joseph in 2019–20 with the privately-owned design and wholesale company citing strong growth in the period since.

Shares in direct-to-consumer brand Eve Sleep reached their highest level since July 2019 after a tie-up between the mattress and ancillary products company and a wellness cannabis distributor was revealed.

A glut of containers arriving at U.K. ports from China in December meant sofa imports passed all previous record-highs for the second straight month as the industry rushed to get Christmas orders delivered.

Devon department store retailer Austins of Newton Abbot returned to profit in the year leading up to the pandemic on higher sales and wider margins.

The British Furniture Manufacturers (BFM) is supporting a series of virtual round table events as it looks to gather industry opinion on the sector's path to a net zero carbon future.

Carpet imports into the U.K. climbed for a second straight month in December but it was a miserable end to the year for Belgian manufacturers, who have suffered more than most through 2020.

The new owner of the Laura Ashley brand and other intellectual property has agreed a manufacturing and product development partnership with Graham & Brown, the wallpaper and paints manufacturer.

The owner of Bensons for Beds will recoup the vast majority of the debt it was owed from the prepack restructure of what was Blue Group according to a new report by restructuring advisors.

Profits climbed sharply at carpet maker Cormar in 2019–20 on the back of wider margins, surging demand following the first lockdown and after annualising non-recurring expenses from the previous year.

Online home, garden and living retailer Cox & Cox continued to build out sales in 2019–20 with it citing rapid growth in the furniture category as a key driver.

Dunelm deputy chairman Will Adderley has cut his stake in the company by selling his first shares in the homewares retailer in nearly five years.

The lobby group representing Britain's furniture industry has written to the Chancellor calling for support measures such as the furlough scheme to be extended when the Budget is announced next month.

SATRA Technology, the research and technology organisation, has become a corporate member of The Furniture Makers' Company, the industry charity and City of London livery company.

U.K. profits almost trebled for West Elm as the furniture retailer enjoyed a big bump in revenue in the period leading up to the pandemic. Sales and cashflow since have been helped by its growing ecommerce business.

U.K. furniture manufacturers' output was down by more than a fifth in 2020 after falling in 11 of the 12 months of the year as the industry grappled with the virus and restrictions on trade.

Retail demand returned strongly after the first lockdown last year but the chairman of Ulster Carpets says the future is less certain for contract markets because of the effect of the pandemic on the hospitality sector.

Leekes Retail and Leisure Group has bolstered its senior leadership team with the appointment of Joanna Littlejohn, its director of buying and merchandising, to its main board.

Ingka Investments, the Netherlands based operator of 378 IKEA stores worldwide, is to acquire a 49 percent stake in Ikano Bank with the option to buy the finance company outright at a later date.

Designer Contracts has expanded its presence in Scotland in response to exponential sales growth, the floorcoverings contractor and supplier says.

Profits fell at Silentnight last year as the U.K.'s largest bed manufacturer incurred higher costs including one-off legal expenses, a sign that its legacy pension challenges may be reaching a conclusion.

Sheffield furniture retailer Ponsford booked a sharp fall in revenue as a result of the pandemic but the privately-owned business still found earnings growth.

Britain's biggest bed maker Silentnight has confirmed that all bar one of the retail showrooms it has launched in the past three years will not reopen once restrictions are eased.

The three-store retailer behind the Daniel of Windsor department store and two dedicated beds and furnishings showrooms in West London slipped to a loss, on paper, in the period leading up to the pandemic.

Furniture Village is taking the store experience to the customer's home with the launch of an immersive 3D virtual showroom, enabling customers to digitally walk through one of its shops.

The value of furniture invoices going through the central paying agent of Associated Independent Stores (AIS) fell for the fourth consecutive year as a result of the first lockdown, though the buying group said some members managed to recover all of the lost turnover.

Dreams, Britain's largest beds retailer, is pushing ahead with store expansion including stores in North West and North East England.

South East furniture-to-fashion retailer Choice Discount Stores maintained sales in the year leading up to the pandemic and has time-lined when it hopes trade will kick start again.

BFM Fabric Show London is to take place at Twickenham Stadium from June 8–9, 2021, subject to small indoor trade events being permitted at the time.

SATRA Technology, whose diversified research and technology services include the testing of furniture and floorcoverings, is expanding its regular programme of technical webinars to include more topics of specific interest to those two sectors.

Half year profits jumped by a third for Dunelm with the diversified home retailer saying it delivered growth despite some rivals being allowed to remain open while its own stores were closed.

The company behind U.K. based Selfridges and Irish retailers Arnotts and Brown Thomas says the stores have been able to access hundreds of millions in debt finance to bolster liquidity amid the pandemic.

The group behind the Elphicks of Farnham department store business and a separate bed shop in nearby Dorking says it is positive for the future following the closure and subsequent sale of its New Malden store.

The Furniture Makers' Company, the trade charity and livery company, has enlisted captains of industry to be panellists on the first of its four webinars launching this month.

The National Bed Federation (NBF) has developed a "bomb-proof" marketing pack to support retailers' efforts to promote sales during National Bed Month in March, irrespective of whether stores are open or closed.

Joules Group, the fashion and lifestyle company, has taken a decisive step into the furniture and home sector after agreeing to buy The Garden Trading Company, a fast-growing online retailer with a substantial wholesale arm.

General merchandise retailer Next put more upholstery volume through its own Yorkshire sofa factory in the run up to the pandemic while expanding headcount by 35 percent.

Department store retailer Menarys is to reconfigure its store network in Northern Ireland as a result of Covid-19 and the closure of partner retailers.

The plug was pulled on the U.K. operation of a leading maker of high-end furniture for luxury yachts and private planes after it was adversely impacted by a range of factors including Covid-19.

Lectra, a major supplier of machinery, software and consultancy to U.K. and global sofa manufacturers, has agreed to acquire rival Gerber Technologies in a deal worth €300 million.

Timothy Oulton is taking its recently-acquired Sofa Workshop brand into international markets for the first time. Here in the U.K., it also plans to add a second London showroom for its Noble Souls brand.

Historic bed maker Sleepeezee is to issue a legal challenge to a trademark application made by a West Yorkshire rival.

Harvey Roberts has been appointed managing director at upholstery manufacturer and distributor Hydeline Furniture.

Turnaround work led to the privately-owned retailer behind the Oldrids and Downtown fascias returning to profit in 2019–20, two years ahead of its forecasted timeline.

Flooring contractor Designer Contracts has appointed Simon Westley as logistics manager and promoted three managers to new roles.

Mattress and foam products maker GNG Group has taken delivery of new automated machinery for its beds division in a move that ramps up its production capacity.

Revenue, adjusted profits and cash climbed for East of England furniture retailer Glasswells in the period leading up to the first lockdown last year. Statutory earnings were impacted by property revaluation.

Privately-owned retailer Sussex Beds will open its eleventh store this spring and continues to lay the groundwork for expanded distribution across the South East of England.

Direct-to-consumer brand Emma - The Sleep Company says its recently signposted new smart mattress featuring artificial intelligence technology will arrive on U.K. shores this year.

The Proposte fabrics show will take place at the same time as Salone del Mobile (Milan furniture show) with organisers hoping visitors will be able to visit both fairs in a single trip to northern Italy.

The U.K. arm of kitchen conglomerate Nobia was loss making last year as the pandemic hindered its project business.

Routine factory maintenance in the upstream foam supply chain could lead to further disruption for furniture manufacturers and their retail customers later this year, BFM has warned.

Inaugural full disclosure accounts reveal West Yorkshire ecommerce retailer Furniture and Choice to be among the largest businesses of its type operating in the U.K.

Home and garden retailer Taskers says it is on track to deliver a return to profit in 2020–21 after exceptional trading during the pandemic, including a record Christmas.

Balta Group, the major Belgian carpet manufacturer and one of the largest suppliers to the U.K. floorcoverings market, plans to refinance its long-term borrowing.

The National Bed Federation (NBF), the trade association representing U.K. bed manufacturers, has announced four key hires to its 12-strong marketing committee.

Direct-to-consumer mattress company Eve Sleep has appointed logistics expert and longtime retailer Masood Choudhry as independent non-executive director.

Cashflow and orders were strong as the group behind custom cabinet maker and retailer Neville Johnson bounced back from the early months of the pandemic.

Surging U.K. order intake in the third quarter wasn't enough to mitigate the full year impact of Covid-19 here according to high-end French furniture brand Roche Bobois.

Experienced marketer Laura Sutherland has joined West Yorkshire children's bedroom retailer Room To Grow with a brief to scale up its marketing and develop its product range.

The flooring industry has found growth despite difficult trading conditions according to retailer Calverts Carpets, one of the largest regional chains in the U.K.

Furniture, design and lifestyle retailer The Conran Shop is to name a new chief executive to lead a reshaped management team following its takeover just under a year ago.

A review into the unsecured consumer credit market has called for buy-now pay-later (BNPL) unsecured lending to be regulated for the first time.

Lars Larsen Group, the Danish conglomerate behind some of the largest furniture retail and wholesale operations in the world, booked highest-ever sales and profits last year and said it also paid a record amount of tax.

The Chinese furniture manufacturing conglomerate that bought HTL in 2016 says it will sustain a financial hit after writing down the value of its investment in the leather sofa maker.

Hypnos, the Buckinghamshire based bed maker, has further bolstered its sustainability credentials with The Planet Mark - Carbon Neutral certification.

The number of upholstery, beds and cabinet related trademark applications filed by Next in recent weeks is more than double the combined total lodged by the retail giant across those categories over the past five years.

Diversified homewares distributor Sabichi booked seven-figure profits after a sharp rise in revenue in the year to October 31, 2020.

Upholstery conglomerate Man Wah Holdings successfully raised HK$2.36 billion (£222m) from investors following the planned share placing it had earlier signposted mid-January.

Norwich department store, business services and property group Jarrold has reorganised its non-executive director team, making two senior board appointments.

The co-founders of soft seating category leader Bazaar Group have sold a majority stake in the business to Comhar Capital to help fund expansion in the U.K. and mainland Europe.

Heritage bed maker Relyon returned to private ownership last summer and the restructuring advisor that handled the sale has disclosed takeover terms for the first time. But whether they clarify or confuse is a moot point.

New financial statements underscore comments made by senior Wayfair officials last summer that revenue in the U.K. and Germany combined is tracking over $1 billion, with the former making up the biggest proportion of the total.

Ecommerce sales climbed 41 percent in the final three months of 2020 for Maisons du Monde as the multinational furniture and home accents retailer gained a bigger slice of the British market.

The company that last summer bought the business and assets of one of the U.K.'s first vertically-integrated direct-to-consumer sofa brands has booked six-figure profits.

National kitchens vertical Harvey Jones forecasts a return to profit in 2021, but says it has the resources to survive a worst scenario this year should the need arise.

This is a pivotal period in time for ScS, Britain's second largest upholstery retailer, as it adjusts to the departures of a long-time financial backer and its highest ranking executive.

Colefax Group, the fabrics and wallpaper company with a big international business, says sales have been more resilient despite the imposition of new restrictions across the U.K. and export markets.

Half-year EBIT trebled as high-end upholstery manufacturer Kingcome Sofas found extra margin in the six months to end October.

Furniture and flooring retailers face a wait of nearly a month before being able to either reopen stores or, more likely, see a roadmap for when they may be able to do so.

Fashion and lifestyle brand Joules said licensing income has more than doubled citing the impact of its partnership with DFS, the upholstery market leader.

More than 1,200 people from across the industry had visited the inaugural Online Furniture Show by the halfway stage, organisers said today (Wednesday).

A strong bounce back out of the first two lockdowns has left upholstery and carpets chain ScS cautiously optimistic for the weeks and months ahead.

Furniture and interiors brand OKA will make its bricks-and-mortar entrance in the U.S. in a building familiar to the executives running the retailer.

The Great Little Trading Company, the youth-oriented mail-order and Internet retailer, says it is well positioned to benefit from the rise in online shopping resulting from the pandemic.

One of the executive directors at high-end British furniture and lighting company Established & Sons now owns almost a fifth of the business following a share issue last year.

Manufacturers face short-term challenges but order books are strong and hopes for the future are high, says Nick Garratt, md at trade association BFM.

Furniture makers' price inflation climbed for the sixth straight month at the end of 2020 suggesting fears from within the sector of forceful headwinds ahead are well founded.

Danetti, the ecommerce furniture retailer that opened its first bricks and mortar showroom late last year, booked rising profits in the year to March 31, 2020.

Flooring and beds retailer United Carpets Group will delist from the Alternative Investors Market (AIM) on Friday as it returns to private ownership.

GNG Group, the West Yorkshire maker of mattresses and other performance foam products for sectors ranging from sports to healthcare, has promoted Darren Potterton to group managing director.

Jenners department store in Edinburgh will close for good in the spring after its owner failed to agree new terms with the landlord. It has been trading for 183 years.

Brooke and Wilde (Brook + Wilde) has become a corporate supporter of The Furniture Makers' Company, the industry charity and livery company.

Fashion retailer Boohoo Group has acquired the Debenhams brand and other intellectual property for £55 million, heralding its entry into the furniture and homeware market.

Sofa maker Tetrad has completed the remodel of its Preston showroom ahead of the launch of a series of new collections.

Furniture and department store retailer Bradbeers says it is positive it will be able to extend its debt maturity profile for a second time if the pandemic further delays plans regarding investment property.

Dorchester, Sidmouth and Weymouth retailer outlines initial impact of pandemic on revenue, profitability and working capital.

It is counter intuitive that on the day that the highest-ever single-month reading for furniture retail sales is released, we also report a drop in big-ticket consumer confidence sentiment.

Steps taken to broaden the appeal of the heritage Nathan brand have paid dividends according to the furniture company, with a new generation of social media-savvy consumers now following the business.

Big-ticket spend sentiment weakened at the beginning of the year as the country entered its latest lockdown, according to a closely-followed consumer confidence survey.

December furniture and lighting sales were higher than in any other month since records began, and by some margin, according to new figures from the Office for National Statistics.

Furniture maker Ercol returned to profit at EBITDA level in 2020 after orders and delivered turnover outperformed levels management were budgeting for during the first lockdown, its chairman said.

Arlo & Jacob, the upholstery retailer, is turning its stores into virtual showrooms using live video chat powered by Go Instore software.

Direct-to-consumer brand Emma - The Sleep Company is to stretch its price architecture with a new smart mattress programme set to retail for upwards of £2,000. It follows exponential growth last year that saw the business reach revenue of €405 million worldwide.

Headlam Group, Europe's largest collective of floorcoverings wholesalers, says strong demand for residential flooring products in the second half of last year helped negate weaker earlier trading.

The already-revised international home and contract textiles show Heimtextil has been cancelled until 2022, with organisers saying there is nothing to be gained by a further delay to later this year.

"When we opened our new Leicester store we did two weeks' business in just four days," said Furniture Village CEO Peter Harrison, who says the industry should look forward with optimism for when the lockdowns are eased.

Full year sales climbed for Eve Sleep with the direct-to-consumer mattress and ancillary products company saying it had cut losses too on the revenue tailwind and business model adjustments.

Profits at Sanderson Design Group, the luxury interiors manufacturer and wholesaler formerly known as Walker Greenbank, will rise after the company outperformed expectations.

The South Wales carpet manufacturing arm of flooring giant Victoria returned to profit in 2019–20 as it annualised millions of pounds of restructuring costs.

Danish furniture retailer JYSK will build critical mass in the North of England with all five new stores it plans here in the next eight months to be located across Lancashire, Yorkshire and Lincolnshire.

Consumers pivoting to ecommerce last year boosted U.K. revenue and profitability for the company behind the DreamCloud and Nectar Sleep mattress brands.

The value of foam and sprung mattress imports into the U.K. slumped in November, arresting a two-month return to growth across the combined categories.

Port delays and container shortages didn't stop a third consecutive rise in cabinet furniture imports as wholesalers and retailers replenished stock ahead of Christmas.

Furniture makers are facing unprecedented increases in the cost of key raw materials according to trade association BFM, and retailers should brace for some of that to be passed on.

Factory investment didn't immediately yield the expected jump in sales for Dura Beds, according to just-filed accounts for the Batley mattress maker in the period leading up to the pandemic.

The Furniture Makers' Company, the industry charity and livery company, made hundreds of surprise pre-Christmas grants to struggling furnishing industry workers in December.

Major U.K. flooring contractor Designer Contracts has donated more than £100,000 to a local hospice that has been hit hard by the pandemic.

British retailers and wholesalers imported more upholstery ahead of Christmas than in any other month since records began, new data compiled by The Furnishing Report shows.

Upminster retailer Roomes Furniture & Interiors says it has undergone a year of improvement with the pandemic having reinforced the need for the changes it has subsequently made.

U.K. imports of carpets and rugs advanced high single-digits according to newly-released November data as China, India and Turkey made gains while traditional manufacturing powerhouses continued to toil.

London furniture company E & A Wates will bring the curtain down on 120 years of trading in the spring with the planned, permanent closure of its retail arm. It hopes to find a buyer for its other activities.

MadeiraMadeira, a Brazilian furniture and interiors ecommerce marketplace, has raised $190 million (£140m) from investors as it looks to capitalise on the surge in online sales.

Efforts to meet pre-Christmas delivery deadlines after strong demand through the summer and autumn meant U.K. furniture manufacturing output reached a year-long high according to new Government figures.

The privately-owned retailer that operates Dreams beds stores in Northern Ireland along with a separate co-located upholstery fascia says trading in 2020–21 made a strong start.

Follows December issue of new shares in British upmarket ecommerce furniture and homewares etailer.

Profits up by half for 20-store adjustable furniture and mobility products retailer in 2019–20 on continued revenue growth.

W Exhibition & Elements, the trade show for the furniture manufacturing and joinery industries, has been postponed until February 6–9, 2022, organisers have announced.

Nobia, the kitchen conglomerate, says its fourth quarter performance for 2020 will exceed expectations because of strong trading in the Nordic and Central Europe regions.

Man Wah Holdings, the upholstery and recliner giant with manufacturing operations across the Far East and Eastern Europe, hopes to raise the equivalent of £224 million to fund expansion and modernisation activities.

A downsized Ponden Home Interiors will live on after parts of the bedding and household textiles chain were rescued along with its larger sister business, Edinburgh Woollen Mill (EWM), out of administration.

Strong trading in the back half of last year enabled flooring retail chain Tapi Carpets & Floors to pay off short-term lending from key investors.

Home shopping group N Brown says a bigger proportion of revenue is coming from sales of home goods after customers pivoted spend away from other categories.



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