Data, Lists & Analysis
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The insolvent buyout of assets of the predominantly mail-order business Scotts of Stow earlier this month came as a surprise given its last public record figures show it recorded profits of almost £4 million.
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Halo Group's Timothy Oulton United Kingdom subsidiary acquired a majority position in London upholstered furniture maker Dudgeon Sofas late 2021 but that wasn't the only external investment made in furniture companies that year.
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Snug cost ScS a total of £875,000 following a prepack buyout in January. Well, yes and no.
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124 companies were closed or placed into insolvency proceedings last week.
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32 companies left creditors facing £34.3 million shortfall.
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DFS was keen to sell a narrative of over-performance as it released its half-year results on Thursday, claiming share gains amid a market it believes to have declined 15 percent in volume terms.
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Orders placed on or before the date of the Cox & Cox buyout late last month will not be fulfilled by the new owner of the ecommerce business, it has now been confirmed.
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Complete list of all 64 countries from which timber living, dining and bedroom cabinet furniture was imported into the U.K. in January 2023, including the value of goods and year-on-year comparisons.
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Complete list of all 25 countries from which foam and sprung mattresses were imported into the U.K. in January 2023, including the value of goods and year-on-year comparisons.
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Complete list of all 41 countries from which sofas, sofabeds and armchairs were imported into the U.K. in January 2023, including the value of goods and year-on-year comparisons.
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Complete list of all countries from which carpets were imported into the U.K. in January 2023, including the value of goods and year-on-year comparisons.
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The new owner of the Scotts of Stow brand will not be familiar to many in the furniture and home products retail sector unless they already trade in adjacent product categories such as apparel.
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121 companies were closed or placed into insolvency proceedings last week.
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10 companies left creditors facing £7.3 million shortfall.
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More on the fallout from the changes at the one-time multi-million pound upholstery brand.
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The new company behind the Oak Furniture Superstore business agreed a seven-figure loan as it emerged from the embers of an insolvent restructuring process.
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Internet furniture, home and gift retailer Cox & Cox — the subject of a late February prepack buyout — was one of the biggest winners of the early part of the pandemic.
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Gordon Mearns, the md of Sterling Furniture, says the timing feels right for him to step down and retire, with the company in a good position as it marks its 50th anniversary this year.
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113 companies were closed or placed into insolvency proceedings last week.
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Nine companies left creditors facing £31.5 million shortfall.
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The first ports of call for almost every upholstered furniture retailer after the emergence of non-compliant products are the same.
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A rising tide lifts all boats and there was an element of that about some of the companies that traded strongly through the pandemic. But not Cox & Cox.
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New entities incorporated in the latest month.
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New entities incorporated in the latest month.
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New entities incorporated in the latest month.
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New entities incorporated in the latest month.
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New entities incorporated in the latest month.
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New entities incorporated in the latest month.
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127 companies were closed or placed into insolvency proceedings last week.
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Nine companies left creditors facing £21.2 million shortfall.
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RH, the premium furniture and interiors retailer preparing to debut here with the launch of a large gallery in the Cotswolds, has ramped up the transfer of its vast bank of intellectual property to British shores.
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Online furniture and homeware retailer Cox & Cox traded strongly through the pandemic, growing sales at a rapid rate through lockdown periods as ecommerce and home spending enjoyed a tailwind.
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Oak Furniture Superstore has new private equity backing after a transaction that will surprise many across the furniture industry.
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2022 was a tougher period for Ekornes, resulting in the Norwegian upholstered furniture giant cutting its cloth accordingly with job cuts in its homeland and in the Far East, where its Vietnamese factory is closing.
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Mattress company Dormeo U.K. traded strongly through the early part of the pandemic, building sales by almost 50 percent to nearly £41 million.
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22 companies were closed or placed into insolvency proceedings last week.
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7 companies left creditors facing £4.7 million shortfall.
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The U.K.'s top 100 export markets in 2022 across mattresses, bed bases, living, dining, bedroom wood cabinet, and upholstered furniture.
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Complete list of all countries from which foam and sprung mattresses were imported into the U.K. in December 2022, including the value of goods and year-on-year comparisons.
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Complete list of all countries from which timber living, dining and bedroom cabinet furniture was imported into the U.K. in December 2022, including the value of goods and year-on-year comparisons.