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Upholstered furniture producer Whitemeadow enjoyed a strong 2022 thanks to its own performance, but also that of associates and a joint venture.
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Made.com is to add two more sales channels in a further escalation of the brand's footprint following the I.P. buyout by general merchandise retailer Next last year.
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Earlier this month we wrote about the fourth post-Covid rescue of a home furnishings business by the saviour of ecommerce business Crazy Price Beds. Make that five.
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The closure of DFS Berkeley Magna is another hammer blow to upholstered furniture production in Long Eaton, where the majority of the 225 workers impacted by the decision are based.
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There will likely be few top and bottom line surprises when DFS posts full year results for the year to June 25, 2023 in just under two weeks' time.
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Devon bed maker posts strong profits is a headline longtime readers will be all too familiar with.
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The numbers behind the numbers at one of the country's largest home shopping groups are indicative of how rising living costs are impacting U.K. consumer behaviour.
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High-end bed maker Savoir posted its highest-ever top and bottom lines on public record through 2022.
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The fallout from the pandemic has led to a number of previously-unheralded investors coming to the fore in the home furnishings space.
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The growth of ecommerce over the past two decades opened up the total addressable market for all kinds of businesses that were previously hyper-local in focus.
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There was a sense of understandable frustration along the supply chain following the insolvent buyout of furniture, home and gift retailer Cox & Cox earlier this year.
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It is fair to say any challenges facing Loaf, the clicks-to-bricks U.K. furniture retailer, should be filed under first-world problems.
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More than a month has passed since Acclaim Upholstery ceased trading with its 128 employees made redundant and the company placed into administration.
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In the first six days of August there were over 200 new companies incorporated across furniture and flooring retail, wholesale and production disciplines. But not all of them may be what they seem.
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There was a big disparity between the performances of Wayfair's domestic and international businesses in the second quarter of 2023 and it was partly driven by actions taken by the ecommerce company.
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Following the cash at Britain's largest beds specialist.
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Michael Gove, the housing secretary, last week launched proposals to extend permitted development rights in a move that would introduce flexibility to convert properties such as high street shops and takeaways into new homes.
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The U.K. furniture industry just went through its worst quarter on record in terms of the number of companies being forced to call in restructuring advisors as part of an insolvency process.
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The acquisition of Moda Furnishings represents the second opportunistic takeover by West Midlands ecommerce company Giomani Designs inside five months and has all the hallmarks of the first.
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South Wales sofa maker Ashwood Designs is a respected supplier across the industry and has been for many years one of the largest management-owned manufacturers in the upholstered furniture sector.
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DFS pushed a story of market share gains as it released a trading update yesterday that suggested the performance of the wider industry was less than impressive.
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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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The Huntingdon mattress factory now manufacturing exclusively for Bensons for Beds has had a chequered history over the years.
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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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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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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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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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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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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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RH will throw a launch party for selected guests this weekend as the premium U.S. furniture retailer finally launches in the U.K.
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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 showing the composition of the U.K. mattress manufacturing sector in terms of employment numbers, turnover band, and location.
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