Data, Lists & Analysis
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U.K. furniture trade has been challenging for a variety of reasons throughout the pandemic but the pressure points have most definitely shifted from supply to demand.
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This time last year the balance sheet value of Giomani Designs, the West Midlands company that owns ecommerce retailers Beds.co.uk and Cox & Cox, climbed to £4.45 million.
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This Thursday marks exactly one month since homewares brand Amara announced the introduction of Sofa.com upholstery on its platform, with it prominently — but all too briefly — promoting its sister brand's products on its website.
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The Huntingdon mattress factory now manufacturing exclusively for Bensons for Beds has had a chequered history over the years.
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97 furnishings companies were placed into administration, liquidation, wound up or dissolved in the past week. Full list here.
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14 companies left creditors owed £3.5 million.
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The cost of offering interest free credit (IFC) and aftercare services jumped 14 percent to £49 million for DFS in the six months to December 25, 2022.
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The dropshipping business model has powered rapid growth in ecommerce, including in the home furnishings sector.
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The owner of Carpetright doubled down on its backing for the U.K.'s largest floorcoverings retailer last year after agreeing to provide additional funding with an extended maturity profile.
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260 new entities incorporated in the latest month.
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Five new entities incorporated in the latest month.
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300 new entities incorporated in the latest month.
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95 new entities incorporated in the latest month.
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Three new entities incorporated in the latest month.
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24 new entities incorporated in the latest month.
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223 furnishings companies were placed into administration, liquidation, wound up or dissolved in the past week. Full list here.
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Six companies left creditors facing £7.9 million forecast shortfall.
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Independent furniture retailers have long complained about competition from Internet retailers and for many years that was with some justification. But that is no longer the case.
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Cleland McIver and Ulster Weavers share a number of things in common.
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The immediate effect of the filing of a notice of intent to appoint administrator (NOI) at Acclaim Upholstery Company is to provide a short-term ring of protection to the business against the threat of creditor action.
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93 furnishings companies were placed into administration, liquidation, wound up or dissolved in the past week. Full list here.
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Eight companies left creditors facing £1.2 million forecast shortfall.
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When the JDP Furniture Group filed for insolvency at the beginning of the pandemic the outlook always looked brightest at one of the group's businesses.
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The U.K.'s top 50 export markets in April 2023 across mattresses, living, dining, bedroom wood cabinet, and upholstered furniture.
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Furniture and homeware importer and wholesaler Coach House invested a huge amount of cash building stock last year, ending its 2021/22 period with a record amount of inventory.
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108 furnishings companies were placed into administration, liquidation, wound up or dissolved in the past week. Full list here.
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Nine companies left creditors facing £16.7 million forecast shortfall.
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Complete list of all 32 countries from which foam and sprung mattresses were imported into the U.K. in April 2023, including the value of goods and year-on-year comparisons.
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Complete list of all 59 countries from which wood living, dining and bedroom furniture was imported into the U.K. in April 2023, including the value of goods and year-on-year comparisons.
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Complete list of all 49 countries from which sofas and armchairs were imported into the U.K. in April 2023, including the value of goods and year-on-year comparisons.
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Complete list of all 50 countries from which carpets were imported into the U.K. in April 2023, including the value of goods and year-on-year comparisons.
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The proposed acquisition of Recticel's foam business by Carpenter fostered fears in the U.K. upholstery and mattress manufacturing sectors that raw materials competition would be further eroded, when it was first announced back in the autumn of 2021.
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There are nearly 90,000 specialist delivery companies in the U.K. and one of the largest of those with an interest in the furniture market was placed into administration on Monday.
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121 furnishings companies were placed into administration, liquidation, wound up or dissolved in the past week. Full list here.
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20 companies left creditors facing £6.3 million forecast shortfall.
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Home and leisure retailer The Range is pushing further into the beds market with a pilot of a dedicated sleep format, as we reported on Wednesday (see related).
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The pandemic induced consumer behaviour that supported demand for home goods for many retailers across the furniture industry, including the department store chain John Lewis & Partners.
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General merchandise retailer Next paid £3.4 million to acquire the brand and other assets of Made.com but the collapsed furniture retailer's largest saleable asset class was undoubtedly its vast quantities of stock.
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99 furnishings companies were placed into administration, liquidation, wound up or dissolved in the past week. Full list here.
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11 companies left creditors facing £7.4 million shortfall.