A fifth straight decline in upholstery imports means the value of goods shipped to the U.K. is down by a third in the first half of 2020. But June figures were an improvement.

One-time major U.K. cabinet distributor says it will record a loss for the first half of 2020.

The vast Shrewsbury store formerly operated by Alan Ward has this week reopened under the Cousins Furniture fascia as it clears out stock acquired as part of the buyout.

Online sales ramped for TJ Hughes during lockdown, with the discount department store chain saying its Internet business had "experienced exponential growth."

Jarrow cabinet furniture and shelving company Funky Chunky Furniture says it expects to achieve over £4 million in sales in the next year after it expanded and reconfigured its manufacturing operation.

The number of U.K. furniture, flooring and furnishings companies being placed into insolvency processes increased by all comparative measures during the three months to end June.

Department store retailer Debenhams said a further 2,500 jobs would go across its U.K. store and warehouse network as it eliminates a variety of roles within the business.

But profits fall as higher wage bill takes toll on administrative burden.

The decision to wind down European operations was completed by Casper Sleep in the second quarter of 2020 with the decision, through no fault of its own, appearing to be ill-timed.

The owner of furniture brands including Cassina and Cappellini, has signed a letter of intent with a U.K. listed nano tech materials company as it looks to develop and commercialise an enhanced leather product.

Furniture retailers could book turnover earlier in the sales process under proposed law changes designed to protect consumers in the case of a retailer's insolvency.

East Coast retail operation and online business will both remain closed, major chain says.

Big-ticket home goods delivered for retailers in July as overall sales across the retail sector ticked up, according to a closely-followed monthly poll.

Private equity company Advent International is to take a controlling stake in Hermes U.K., the parcel delivery company until now owned by ecommerce and retail giant Otto Group.

Sales growth is returning according to soft furnishings group Walker Greenbank, whose Clarke & Clarke brand last month enjoyed its best yet since it signed a new distribution agreement.

Britain's leading furniture and bed trade associations will today announce the launch of the Buy British Furniture Event, designed to encourage retailers to promote U.K. made products and support local manufacturers heading into the key autumn/winter trading period.

Ecommerce flash sales fashion retailer BrandAlley U.K. has acquired the intellectual property rights to the Lombok furniture retail brand, its second major foray into the home merchandise sector.

Furniture retailer AHF is heading to a retail destination that has historically attracted high footfall as the chain follows the revamp of its website with a rebuild of its physical store footprint.

A number of Britain's premier independent furniture retailers have signed up to the Government's Eat Out to Help Out scheme, providing a hoped-for footfall boost through August.

Mohawk Industries, the world's largest floorcoverings group, recorded a net loss in the second quarter as lockdowns across the globe hit revenue.

After a record quarter, Wayfair's annual revenue run rate across the U.K. and Germany is $1.4 billion (£1.07bn), according to Martin Reiter, head of Europe for the ecommerce home furnishings giant.

Alteri Investors completed a prepack buyout of Bensons for Beds at the end of June but its interest in the remaining parts of what was Steinhoff's U.K. furniture and bedding operations did not end there.

Houseology, the high-end furniture, lifestyle and interior design ecommerce brand, has relaunched after its assets were acquired by a former rival earlier this year.

A survey of U.K. furniture makers suggests the effect of the lockdown has been worse than anticipated, according to the British Furniture Manufacturers (BFM).

Sales of homeware including furniture rose by more than a third year-on-year in July as retailers made the most of pent-up demand and consumers' inability to spend their cash elsewhere.

Home furnishings retailer Wayfair almost doubled sales in the second quarter with its CEO believing the step change among consumers to buy online will prove permanent.

More than half of U.K. bed manufacturers answering a National Bed Federation (NBF) poll say they do not expect to make redundancies when the furlough scheme ends.

The Furniture Ombudsman, the independent, not-for-profit provider of alternative dispute resolution (ADR) services, has been renamed and launched an updated brand identity.

A U.S.-owned West Yorkshire healthcare business whose products include riser recline chairs and adjustable beds enjoyed a big balance sheet boost last year.

The privately-owned franchisee behind the BoConcept brand in Canterbury has partnered a local property developer and builder for a high-end housing scheme in Kent.

Upholstery market leader DFS has taken the opportunity to maximise spare showroom space with the launch of a test DFS Bed Centre concept at one of its stores in the North East.

James Gillies Lornie, the third-generation former managing director of privately-owned Scottish furniture retailer Gillies, has died. He was 84 years old.

Grandeco Wallfashion Group, a pan-European interiors company based in Belgium, has agreed to buy Darwen wallpaper specialist Holden Decor from its private shareholders.

Relyon has all the tools it needs to succeed as a private company following its sale out of administration to its former CEO Ian Topping and other private investors.

John Findlay, salesman at privately-owned retailer Barker and Stonehouse since 1997, is to retire after achieving 50 years in all working across the furniture industry.

Ian Topping, the former head of Steinhoff's U.K. operations and CEO of Relyon Group between 1993–2010, has acquired the Wellington manufacturer out of administration.

Designer furniture and homeware retailer Heal's is not looking to immediately rebuild store numbers after closing its Midlands showroom. It will instead look to bolster its ecommerce business.

A slew of top name furniture companies have departed the Mailbox, the high-profile home retail destination launched late 2017 to accommodate leading furniture and lifestyle brands.

Far East furniture manufacturing and distribution giant Samson Holding is to mop up the remaining shares in a major Green River Group bedroom and dining cabinet factory, taking its total outlay to nearly $46 million (c. £35m).

Nick Garratt, md of the British Furniture Manufacturers (BFM), is authoring a new economic review document that will pull together analysis relevant to the furniture industry on a monthly basis.

Furniture inspection and repair experts are to host a series of digital workshops designed to support retailers and manufacturers as FIRA International takes its popular Open Day format online.

From rehiring employees to fulfilling outstanding orders, the acquisition of Alan Ward's Shrewsbury store and liquidated stock by furniture retailer Cousins will mitigate the impact on individuals and companies affected by the failure of the former operating company.

Third-party interest remains in South Wales sofa maker Formation Furniture but the former Blue Group business unit — in administration since the end of June — is now entering last-chance saloon.

Man Wah Holdings, the Far East upholstery conglomerate, has sought and received more time to prepare its potential takeover approach for leather sofa maker HTL International.

Organisers of the January Furniture Show say the 2021 iteration will take place as scheduled after the Government green-lighted events from October and decommissioned the NHS Nightingale Hospital at the event venue.

The National Bed Federation (NBF), the trade association representing U.K. mattress manufacturers, has published a first guide to ecodesign principles.

A VC that backed Farfetch, Peloton and Deliveroo has led a £3 million funding round for an ecommerce home decorating startup that launched on the first day of lockdown.

FIRA International has awarded Humanscale, the designer and manufacturer of ergonomic products, an Ergonomics Excellence Award for its FR 500 Ergonomics Foot Rocker.

PwC will ask creditors for the approval of over a million pounds of pre-administration costs which accumulated from itself and other advisors ahead of the prepack sale of Bensons for Beds to the investment firm that already owned it.

A leading supplier to Britain's floorcoverings industry says it will temporarily reduce order-fill as unprecedented demand has outstripped its "ability to manufacture by several times over."

Privately-owned upholstery retailer Sofas & Stuff is to relocate its Midlands presence with the opening of a new and larger store, replacing its Birmingham showroom.

Rapid online sales growth is holding even as stores re-emerge from lockdown according to the CEO of Tempur Sealy International, the world's biggest bedding company.

Britain's third biggest floorcoverings retailer slipped to a loss in 2019–20 as it booked a number of Covid-19 related provisions.

Interest from the U.K. furniture trade in the best-performing units operated by retail chain Harveys is high, according to sources close to the sale process.

Britain's number two upholstery retailer ScS said order intake has almost doubled since the lockdown ended, reflecting pent-up demand.

Higher revenue and wider gross margin helped boost earnings at Furnico, one of the largest upholstery producers in the U.K., last year.

Underlying profits fell despite a near 10 percent rise in revenue at flooring conglomerate Victoria in the year to March 28. It booked a net loss after writing down goodwill by £50 million.

Fashion-to-furniture retailer Next said it outperformed the best-case scenario it had modelled for the second quarter with home goods a key driver. Sales were still well down on the same period last year.

The administrator of the group behind the Bensons for Beds and Harveys chains has detailed its outstanding liabilities at the time of the insolvent restructure late last month. Unsecured creditors of the retail unit are to get back no more than two pence in the pound.

Incanto Group, once one of the largest European suppliers of leather upholstery to British furniture retailers, is relaunching in the U.K. market this autumn with its Digiò Leather Sofas by Sofaitalia brand.



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