Sunday, May 28, 2023
Luxury furniture retailer to open RH England gallery next week
A private launch party will next week herald the arrival of RH, the luxury furniture retailer formerly known as Restoration Hardware, for the first time — five and a half years after The Furnishing Report first revealed its plans to launch into the U.K. market.
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Homeserve Furniture Repairs rebrands as Emmiera Group
Homeserve Furniture Repairs has rebranded as Emmiera Group in a transformation designed to better reflect both its values and its wide-ranging activities that transcend its core furniture repair services.
Furniture and lighting retail sales up £83m in April
Higher prices kept furniture and lighting retail sales positive in April with a mid-single digit percentage climb on the same month last year. Volumes still declined.
Headlam market cap drops £21m on gross margin pressures
Shares in the U.K's largest floorcoverings distributor fell to their lowest level in over seven months on Thursday after it had earlier said it was taking steps to address a reduction in gross margin.
Airsprung, Kaymed, Vogue leaders step down amid NBF Council renewal
A new era has begun at the National Bed Federation (NBF), according to its president Jim Gerety, with its recent appointment of a new executive director followed by the election of four replacement Council members.
Over 80% of non-member bed products tested by NBF either unsafe or flunk trade descriptions
U.K. consumers are being sold mattresses, sofabeds and headboards that either fail flammability regulations or have serious trade descriptions issues, according to new research by the National Bed Federation (NBF).
£88m flooring distributor to expand depot network this year
National floorcoverings distributor TradeChoice Carpet & Flooring will expand its depot network by half this year, starting with a new facility opening next month.
Bed show registration open ahead of September event
Registration is now open for the 2023 Bed Show, which takes place at the Telford International Centre from September 26–27, 2023.
M&S cites upholstery brand extension as it looks to partners for home growth
Marks & Spencer (M&S) says it will look to expand partnerships in an attempt to galvanise its home business, citing the recent extension of an existing brand union into upholstery and case goods.
Weaker furniture sales hit West Elm in Q1
Tough comps and a higher exposure to the furniture category contributed to falling sales at West Elm in the first quarter of 2023, according to parent company Williams-Sonoma.
Flatpack closure left online furniture retailer bereft of supply
The closure of a flatpack furniture maker earlier this year has resulted in the liquidation of a co-controlled ecommerce retail business trading as Devoted2Home.
INTELLIGENCE
Market Data
Detailed market information about each of the Upholstery, Beds, Cabinet Furniture and Floorcoverings sectors at suppliers' prices.
Discover the up-to-date value of:
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UK production
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Imports
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Exports
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Key Trading Partners
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Total UK market size
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Eco-friendly mattress retailer maintains seven-figure profits
The London based company that claims to offer the world’s most advanced, breathable bamboo mattress returned seven-figure profits for the second straight year through 2021/22.
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Modern sofa maker's owner to oversee B2B distribution for The Conran Shop
The owner of contemporary sofa maker Roger Lewis is overseeing the distribution of The Conran Shop’s exclusive in-house designs to the U.K. commercial market after it formed a strategic alliance...
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Tempur Sealy agrees $4bn takeover of Mattress Firm
Tempur Sealy International (TSI), the world's largest bedding company and owner of U.K. bed market leader Dreams, has agreed to acquire Mattress Firm, the largest bed retailer in the U.S., in a cash and...
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Dreams buyout presented no channel conflict issues, says Tempur Sealy CEO
The leader of Tempur Sealy International (TSI) says the takeover of U.K. market leader Dreams augurs well for the much-larger planned acquisition of its compatriot retailer Mattress Firm in a deal...
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Graham & Green paid £5.4m to acquire vast distribution centre
Graham & Green acquired a new 100,000sqft distribution centre last year as the furniture and homeware retailer looked to make itself more cost efficient amid rising output.
INTELLIGENCE
Retail Sales
Up-to-date monthly UK retail sales data spanning total furniture and lighting sales PLUS detailed breakdowns for each of the Upholstery, Beds, Cabinet Furniture and Floorcoverings sectors.
Proprietary granular data covering:
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UK retail sales value and y/y delta. Monthly and annual
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Breakdown by product category
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Historical data
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Monthly and annual figures
ADVERTORIAL
AP+ offers flexible and intelligent approach to storage and fulfilment
Cutting edge technology and a flexible approach have helped establish AP+ as the UK’s leading third-party logistics (3PL) provider for the furniture and homewares industry.
DATA & LISTS
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Digest: Chasing flooring market share
Headlam Group, the U.K.'s largest flooring distributor, was worth £281 million as recently as late January. Its market cap declined to £191.4 million on Thursday on the back of a pre-AGM trading update.
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Charts: The composition of the U.K. mattress manufacturing sector
Charts showing the composition of the U.K. mattress manufacturing sector in terms of employment numbers, turnover band, and location.
TOP STORIES
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Luxury furniture retailer to open RH England gallery next week
A private launch party will next week herald the arrival of RH, the luxury furniture retailer formerly known as Restoration Hardware, for the first time — five and a half years after The Furnishing Report first revealed its plans to launch into the U.K. market.
-
Home sales dip below £215m at The Very Group despite mattress gains
Ecommerce retail giant The Very Group said home demand moderated in the latest quarter despite gains in selected categories including beds.
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Carpetright to appoint new MD as DFS official takes FD post
The CEO of Nestware Holdings says the flooring group is part way through a process to hire a new managing director for Carpetright, its largest retail brand, having recently appointed a new finance director.
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Upholstery brand Willow & Hall builds on return to profit
Upholstered furniture and beds retailer Willow & Hall maintained bottom line momentum as it built on a return to profit with another gain last year.
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U.K. mattress market deconsolidates amid surge of sub-£2m producers
The number of U.K. mattress manufacturers with relatively modest sales and fewer than 50 employees has risen exponentially in the past decade while the total of larger enterprises has remained broadly unchanged.
OTHER NEWS
Homeserve Furniture Repairs rebrands as Emmiera Group
Homeserve Furniture Repairs has rebranded as Emmiera Group in a transformation designed to better reflect both its values and its wide-ranging activities that transcend its core furniture repair services.
Furniture and lighting retail sales up £83m in April
Higher prices kept furniture and lighting retail sales positive in April with a mid-single digit percentage climb on the same month last year. Volumes still declined.
Headlam market cap drops £21m on gross margin pressures
Shares in the U.K's largest floorcoverings distributor fell to their lowest level in over seven months on Thursday after it had earlier said it was taking steps to address a reduction in gross margin.
Airsprung, Kaymed, Vogue leaders step down amid NBF Council renewal
A new era has begun at the National Bed Federation (NBF), according to its president Jim Gerety, with its recent appointment of a new executive director followed by the election of four replacement Council members.
Over 80% of non-member bed products tested by NBF either unsafe or flunk trade descriptions
U.K. consumers are being sold mattresses, sofabeds and headboards that either fail flammability regulations or have serious trade descriptions issues, according to new research by the National Bed Federation (NBF).
£88m flooring distributor to expand depot network this year
National floorcoverings distributor TradeChoice Carpet & Flooring will expand its depot network by half this year, starting with a new facility opening next month.
Bed show registration open ahead of September event
Registration is now open for the 2023 Bed Show, which takes place at the Telford International Centre from September 26–27, 2023.
M&S cites upholstery brand extension as it looks to partners for home growth
Marks & Spencer (M&S) says it will look to expand partnerships in an attempt to galvanise its home business, citing the recent extension of an existing brand union into upholstery and case goods.
Weaker furniture sales hit West Elm in Q1
Tough comps and a higher exposure to the furniture category contributed to falling sales at West Elm in the first quarter of 2023, according to parent company Williams-Sonoma.
Flatpack closure left online furniture retailer bereft of supply
The closure of a flatpack furniture maker earlier this year has resulted in the liquidation of a co-controlled ecommerce retail business trading as Devoted2Home.