Rising interest rates spell bad news for most furniture retailers as they depress the housing market, a key signifier for the health of the sector. [Premium]

Nectar Sleep said there has been an increase in buyers' remorse in just-filed accounts, but that didn't reflect its returns rate, which appears to have improved. [Premium]

Complete list of all countries from which core furniture exports — mattresses, living, dining and bedroom cabinet, and sofas — were exports from the U.K. in the year-to-date (Jan.–Nov. 2023), including the value of goods and year-on-year comparisons.

Attacks by Houthi rebels on merchant ships transporting goods such as furniture from Asia to Europe has led to vessels being diverted away from the Red Sea and around the Cape of Good Hope. [Premium]

Over 170 new industry companies were incorporated in the period between January 15–21, 2024 inclusive. Full list by business type.

53 furnishings companies were placed into administration, liquidation, wound up or dissolved in the past week. Full list here.

21 companies left creditors with £5.9 million debts.

Complete list of all countries from which living and dining wood furniture was imported into the U.K. in the year-to-date (Jan.–Nov. 2023), including the value of goods and year-on-year comparisons.

Complete list of all countries from which mattresses were imported into the U.K. in the year-to-date (Jan.–Nov. 2023), including the value of goods and year-on-year comparisons.

Earlier this year, German bedroom furniture looked like being the standout success story of 2023 for U.K. buyers. Not any more. [Premium]

Complete list of all countries from which wood bedroom cabinet was imported into the U.K. in the year-to-date (Jan.–Nov. 2023), including the value of goods and year-on-year comparisons.

Complete list of all countries from which upholstered furniture was imported into the U.K. in the year-to-date (Jan.–Nov. 2023), including the value of goods and year-on-year comparisons.

Over 165 new industry companies were incorporated in the period between January 8–14, 2024 inclusive. Full list by business type.

Complete list of all countries from which carpets were imported into the U.K. in the year-to-date (Jan.–Nov. 2023), including the value of goods and year-on-year comparisons.

77 furnishings companies were placed into administration, liquidation, wound up or dissolved in the past week. Full list here.

Ten companies left creditors facing £3.9 million shortfall.

The owner of emerging furniture and furnishings retailer Dusk has already built one ecommerce behemoth and is well on the way to creating another. [Premium]

A decade ago, approximately one in every 241 sofas sold in the U.K. was made by South Wales sofa maker Ashwood Designs. Roll forward 10 years, and strong growth has seen that ratio tumble. [Premium]

The just-filed accounts of the Vita Group, the maker of mattresses, underlay and supplier of block and converted foam to sofa and bed makers, are packed within a weighty 67-page tome, full of numbers. One of which is more remarkable than most. [Premium]

Three months ago, furniture importer Julian Bowen filed accounts revealing strong profits in the immediate post-Covid period. Turns out they were even better than originally disclosed. [Premium]

HSBC provides comfort to high-end fabrics and wallpaper supplier after covenant breach. [Premium]

Over 120 new industry companies were incorporated in the period between January 1–7, 2024 inclusive. Full list by business type.

32 furnishings companies were placed into administration, liquidation, wound up or dissolved in the past week. Full list here.

Five companies left creditors facing £2.2 million shortfall.

After a record low in 2021, the number of insolvencies in the home furnishings industry has progressively climbed, and the evidence suggests smaller companies have found the going toughest. [Premium]

Improved trading from La-Z-Boy's U.K. operations has enabled the U.S. motion upholstery giant to recoup about a quarter of its total outlay since it re-acquired the brand rights to the British market after Brexit. [Premium]

More on the just-filed accounts of Alpha Designs Upholstery and Larkbury Group, parent to The Sofa & Chair Company. [Premium]

96 new industry companies were incorporated in the period between December 25–31, 2023 inclusive. Full list by business type.

123 furnishings companies were placed into administration, liquidation, wound up or dissolved in the past week. Full list here.

Nine companies left creditors facing £6.4 million shortfall.

Most furniture retailers that have doubled their turnover will have done so with the benefit of new store openings. [Premium]

120 new industry companies were incorporated in the period between December 18–24, 2023 inclusive. Full list by business type.

117 furnishings companies were placed into administration, liquidation, wound up or dissolved in the past week. Full list here.

10 companies left creditors facing £2.9 million shortfall.

Complete list of all countries from which core furniture exports — mattresses, living, dining and bedroom cabinet, and sofas — were exports from the U.K. in the year-to-date (Jan.–Oct. 2023), including the value of goods and year-on-year comparisons.

Charts showing the number of U.K. carpet and floorcoverings retailers by turnover sizeband, from £0–£99,000, £100–499,000, £500,000–£1.99 million, £2–4.99 million and £5 million and over between 2017–2023 inclusive.

Pandemic-era trading upended supply chains and proved extremely expensive for the furniture and floorcoverings industries, from both a time and economic perspective. [premium]

Over 120 new industry companies were incorporated in the period between December 11–17, 2023 inclusive. Full list by business type.

Complete list of all countries from which wood bedroom cabinet was imported into the U.K. in the year-to-date (Jan.–Oct. 2023), including the value of goods and year-on-year comparisons.

51 furnishings companies were placed into administration, liquidation, wound up or dissolved in the past week. Full list here.