The U.K. Government has formally launched its Trade Credit Reinsurance scheme, which will protect furniture suppliers in the case of customer default and boost confidence along supply chains.

Tariffs on the imports of selected furniture products into the U.K. will be reduced from January 1, 2021, making them cheaper to buy for distributors and retailers.

Lightmakers, the company behind the multinational Light & Living wholesale brand, has acquired the business and assets of Gloucestershire home accents and décor supplier Parlane International.

Samson Holding, the Far East furniture conglomerate that ran case goods distributor Willis & Gambier for 11 years until spring 2019, has disclosed the price achieved for the sale of its U.K. company assets.

National retailer Wren Kitchens is to open 12 more stores before the year is out, starting with four new openings over the summer.

The venture debt provider that backed the 2017 buyout of Lombok faces an almost complete loss of its investment following the March collapse of the East-inspired furniture retailer, its third insolvency in a little over a decade.

An associate of East/Colonial inspired furniture retailer Lombok acquired selected assets prior to its operating company folding earlier this year, but the brand's trading name and other intellectual property remains up for grabs.

Creditors of the three-store retailer Indigo Furniture face a forecast deficit of £1.1 million on sums outstanding from the company, according to new statutory filings.

High-level responsibility for furniture and homewares retailer Habitat has evolved again following the departure of James Brown as commercial director at the brand's parent company Sainsbury's.

Bensons for Beds has begun reopening a small number of its shops, starting with a phased relaunch of stores in the North, as more retailers across the country begin physical trading again.

The new owner of The Conran Shop agreed to pay all third-party debt as part of the spring takeover of the designer furniture and homewares retail business, but won't have to discharge intra-group liabilities.

Multiple share issues net growth funds for VC-backed direct-to-consumer Gloucestershire based bedding retailer and wholesaler.

Global furniture retailer JYSK will today enter the Russian market for the first time, opening the first of four planned stores this year.

Bedroom and home office furniture company Sharps continued to find revenue growth in the first quarter of 2020 despite the final weeks of the period being hit by the pandemic and Government-mandated store closures.

Topps Tiles, the U.K.'s largest wall and floor tile retailer, will boost near-term liquidity with a sale and leaseback deal for its Leicester head office and central warehouse.

The biggest impact on furniture suppliers from the collapse of Brighthouse looks to be the potential loss of future business, according to a new report by administrator Grant Thornton.

Dunelm has opened its debut high street small-format store with the launch of its new Dunelm Edit fascia in Sussex. Plans for the new unit were first reported a month ago.

General merchandise retailer B&M European Value Retail (B&M) said it enjoyed strong revenue growth in DIY and gardening categories in the first eight weeks of its new financial year.

Some of the U.K.'s largest independent home furnishings retailers will this weekend reopen their stores, joining the handful of national chains that have already done so.

Lower pension costs and an uptick in revenue helped furniture retailer Gillies of Broughty Ferry record higher profits in the year to August 31, 2019.

Companies owed cash by the imperilled Laura Ashley retail chain could yet get as much as 18 pence in the pound according to a new report by administrator PwC.

Administrators have disclosed the value of the sale of the global Laura Ashley brand rights, archive, related intellectual property (IP) and brand licence agreements for the first time.

Almost a quarter of the workforce at the Laura Ashley-owned South Wales soft furnishings manufacturing business Texplan returned to work in order to produce scrubs for NHS staff.

Litmus Furniture, the U.K. sole agent for bedroom manufacturer Wiemann, says it will resume operations next week. It will take orders and begin delivering and installing product from Monday June 1.

Retailers leasing stores owned by one of the country's largest landlords in the home merchandise sector saved cash by either not paying rent or cutting a deal to kick the can down the road following the lockdown order.

Big-four grocer Morrisons will expand its general merchandise footprint with the opening of a first standalone home and clothing unit on the site of an existing store in Derbyshire.

Revenue growth accelerated for online furniture and homewares retailer Cox & Cox after the Government mandated the closure of stores and instructed people to stay at home.

Furniture retailer Made.com has agreed a new term loan and renewed an existing credit line as it looks to capitalise on growth opportunities and shield itself from risk.

Underlying profits returned for the company behind regional home retailer Gardiner Haskins in a year that saw it reduce the scope of its Bristol operations by selling its Grade II listed Soapworks store building.

Retailer utilising former Bathstore shops, acquired last year, for new pilot format.

Early May saw a second straight uptick in consumer confidence for major purchases according to a closely-followed survey, but progress is painfully slow.

Three-store retailer Indigo Furniture ceased trading earlier this spring after the lockdown prevented it delivering hundreds of thousands of pounds worth of stock, prompting it to run out of money.

Furniture and lighting sales tanked in April as all bar a handful of stores selling across the combined categories were closed, leaving online as the only viable sales channel.

Steinhoff International Holdings, part owner of Conforama and Mattress Firm, has appointed Moira Moses as the new chair of its supervisory board.

Privately-owned furniture retailer Barker and Stonehouse will reopen its stores June 1 with a campaign message — Let's Get Going Britain — aimed at supporting home-grown furniture manufacturers.

Project restart continues with more retailers of furniture products now reopening some or all of their stores across England, where restrictions have been eased compared with other parts of the U.K.

One of the U.K.'s biggest wholesalers of bedroom products has pivoted towards sourcing personal protective equipment (PPE) during the pandemic and has now found a solution for retailers who are worried consumers may be reticent to try out mattresses instore once shops reopen.

High-end furniture and lighting brand Gabriel Scott is expanding its U.K. and European distribution after it agreed a partnership with designer furniture retailer Nest to sell its products online.

Marks and Spencer Group (M&S), the general merchandise and food retailer, is to open up its business to third-party brands in a bid to boost its customer appeal and sales.

Store closures didn't stop furniture price inflation advancing last month, according to the Office for National Statistics, but eases at the factory gate and the need to generate sales means it will likely not last.



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