Narrower gross margin and lower output saw furniture importer and wholesaler Annaghmore Agencies record a loss last year against a backdrop of challenging conditions.

Net income declined for furniture and department store retailer Barbours through 2022/23, the first full year since all pandemic-related restrictions were eased.

The longtime CEO of Williams-Sonoma, the furniture and homewares retail group that owns brands including West Elm and Pottery Barn, has sold $15 million worth of shares in the company.

The Swedish investment company that acquired Julian Bowen in 2021 collected bumper dividends from the wholesaler last year, as it delivered profits that remained class-leading albeit down on a pro-rata basis.

Profits declined for the second straight year for ecommerce dining furniture retailer Atlantic Shopping in 2022 as elevated demand through the pandemic normalised.

Furniture retailer Loaf has confirmed the location of the Redbrick unit that will become the largest across its entire store network when it opens next month.

Profits were more than a third higher at home, fashion and lifestyle retailer Oliver Bonas last year as revenue jumped to nine figures for the first time in its history.

Furniture and lighting retail sales climbed on both a value and volume basis in August as they continued to lap weak data from last year.

Consumer confidence for major purchases improved for a second straight month in September and is now at its least-weak level since February 2022.

General merchandise retail giant Next failed to buck the weak furniture market in the six months to July despite revenue gains elsewhere in its business.

DFS says it hopes to find about £50 million of annualised cost savings over the next three years with half of that to come from product-related initiatives.

The owner of the Trago Mills (Trago) shopping destinations in southwest England and Wales slipped to a seven-figure deficit last year despite revenue recovering to pre-Covid levels.

Furniture and homeware retailer Dunelm has earmarked up to £80 million for new and relocated store openings over the next two years as it looks to accelerate the pace at which it expands its physical footprint.

Retail giant Dunelm said its share of the furniture market was flat through 2022/23 with gains in some big-ticket categories partially negated by weaker sales in others.

Consumer price inflation for household furniture narrowed to its lowest level in well over two years last month as post-pandemic pressure points on the industry continued to ease.

Off-price furniture and homeware retailer Homesense booked its highest-ever sales for the second year in a row through 2022/23, despite slowing demand.

Stokers group is now several weeks in to building work that will turn the site of Lancashire furniture retailer Doorway to Value into one of the largest destination stores in the country.

The balance sheet value of historic Sheffield department store retailer Atkinsons has climbed for the first time since it received a boost from a property sale three years ago.

Rising operating costs negated the impact of revenue jumping by nearly a fifth at Northern Ireland based department store and bedding chain S.D. Kells in the past year.

Restructuring advisors were called in to the £5 million company behind ecommerce beds retailer Bed SOS after an investigation that saw stock seized at a sister retail business unit.

Designer furniture, lighting and lifestyle retailer The Conran Shop has completed its return to Chelsea with the opening of its long-planned new store at Sloane Square.

Profits declined from a record high for HSL last year as the upholstered furniture and beds specialist booked higher costs, outweighing the impact of double-digit sales growth.

A serial West Yorkshire investor in distressed assets has come to the rescue of ecommerce kids furniture retailer Great Little Trading Company after it was placed into administration earlier this week.

Department store retailer John Lewis will improve its credit offer as it looks to arrest a slide in big-ticket sales with customers holding back on home items ahead of peak trading.

Marks and Spencer (M&S) will next week launch cabinet and upholstery designed and branded in collaboration with Swoon, the ecommerce-led furniture company.

Holly Yates has been promoted to managing director at The French Bedroom Company, the Sussex-based ecommerce furniture retailer.

Home furnishings retailer Glasswells has presented Graham Vale, deputy carpet manager at its Bury St Edmunds store, with an award for 50 years of service.

Underlying profits fell sharply on higher costs and weaker output for Mattressman in the year to March, but the successful completion of a company voluntary arrangement (CVA) helped repair the bed retailer's balance sheet.

The East of England beds retail group behind the Mattressman chain has appointed Kevin Johnson, the former chief executive of The Cotswold Company, as chairman.

A Finnish furniture recommerce company with plans to become the Europe-wide category leader has raised €2.5 million from a Nordic venture capital collective to support its growth ambitions.

Home and leisure retailer The Range has agreed to buy the brand and other intellectual property of Wilko, the hardware and convenience store retailer that filed for insolvency last month.

U.K. factory gate furniture turnover declined at its sharpest rate in 29 months in July but the Office for National Statistic (ONS) says the previous three months were not as bad as originally reported.

Half-year profits came within a whisker of last year at French furniture retail brand Roche Bobois as rising output mitigated cost increases.

Restructuring advisors at Kroll says they have released an initial multi-million pound distribution to a subsidiary of retail giant Frasers Group, the secured creditor of insolvent TV shopping network Ideal World.

The owner of beds and upholstery group Airsprung and furniture brand Fabb has provided further debt finance to Beales, the once-national department store retailer.

Post-pandemic revenue recovered for the U.K. arm of high-end Italian furniture maker Poltrona Frau but higher costs weighed on the bottom line.

Former JYSK apprentice Rami Jensen has formally taken over as president and CEO of the Danish furniture conglomerate, completing a long succession programme that has been two years in the planning.

Bluebone Imports worked down stock levels and rebuilt its balance sheet though 2022/23 ahead of it bringing back a popular brand to the U.K. market this autumn.

Revenue and earnings dipped for Danish modern furniture conglomerate BoConcept through 2022/23 in a year that still saw some notable successes.

Panther Logistics' revenue passed nine figures for the first time last year as the warehousing and two-person delivery company profitably onboarded a series of new customers.

Alessi, the Italian designer homeware company, saw revenue drop back at its wholly-owned U.K. operation in 2022. Sales still remained ahead of the preceding seven years.

Turnover was down 12 percent to £4.26 million at Alessi (U.K). in the 12 months to December 31, 2022, with the business unit delivering profits down 5.7 percent to £78,693.

Alessi (U.K) revenue: 2013–2022 (£m)

Alessi uk sales550

The Italian company's products are sold via its own channels as well as through third parties spanning department store retailer John Lewis to design retailers including Heal's and SCP.

Net assets for the U.K. subsidiary increased to £1.12 million (2021: £1.05m), which largely reflects £1.3 million of historic shareholder equity funding.

Sean Holt has been named managing director of Commercial Interiors U.K. (CIUK), the trade association representing the contract furniture and furnishings sectors.

Glasswells has presented longtime bed buyer Julie Valentine with an award for 30 years of loyal service at the major independent home furnishings retailer.

RH, the luxury furniture retailer formerly known as Restoration Hardware, says it is pleased with the initial response following the launch of its debut U.K. gallery earlier this summer and reaffirmed the opening timeline for its second.

The U.S. ready-to-assemble cabinet maker that owns brands including Eden Bridge Designs says it plans to cease operations at its dedicated U.K. subsidiary company.

Loaf is launching a new advertising campaign that creates a fresh narrative for the upholstery, beds and furniture retail brand.

Will Kernan is to join the board of John Lewis Partnership, parent to the department store and supermarket chains John Lewis and Waitrose.

An Essex-based independent furniture retailer is to move into the former Dansk store on the Lakeside Retail Park, one of the busiest home shopping destinations in the country.

An ecommerce retailer of U.K.-made upholstery and sustainably-sourced cabinet from Asia that gained traction through the pandemic has ceased trading.

More key figures have an equity stake in the Cotswold Company after a series of summer share issues that dilute the interest of the £93 million furniture retailer's longtime private equity backer.

Freemans Grattan Holdings (FGH), the West Yorkshire ecommerce giant behind multiple home shopping brands, is expected to return to growth after a shift in strategic emphasis hit revenue in the past year.

The bottom line gained for at least the eighth straight year at Lukehurst through 2022/23 as the privately-owned furniture retailer continued to invest in store upgrades.

XXXLutz Group, one of the three largest furniture retail groups in the world, has agreed the takeover of a major German independent retailer after it filed for insolvency.

Furniture retailer Home Outlet Store opened its new Oxfordshire branch last Friday after the reverse logistics specialist completed a previously-signposted buyout of Trade Secret's assets.

Furniture retailer Loaf was the largest industry creditor of Trade Secret, the returns and cancelled orders specialist that folded earlier this summer.

Furniture, homeware and lifestyle retailer Heal's has opened a Knoll concession inside its redeveloped Tottenham Court Road store in central London.

Discount department store retailer TJ Hughes slipped to a loss last year as a result of rising costs and a pro-rata fall in output.

Profits in Ireland fell for Harvey Norman as the furniture and electricals chain lapped strong comps and adopted a conservative approach to its accounting policies regarding tax.

Jeff Hughes has become only the fourth person in Housing Units' 76 year history to reach a milestone 40 years with the company, one of the largest home furnishings retailers in the country.

Experienced kitchen industry executive Damian Sheridan has joined Wren Kitchens in a newly-created role aimed at galvanising its launch into the developer and house builder market.

New accounts for privately-owned South Wales furniture retailer Happy Home Furnishers guide towards a softer performance in 2022/23. Its balance sheet remains robust.

Outdoor furniture retailer White Stores continued to gain traction with customers last year but profits moderated as rising direct costs impacted margins.

The company behind ecommerce brand Now Furniture and three large furniture clearance stores in east London and Essex made the biggest gain in its decade-long history through 2022/23.

The owner of OKA revisited the fair value of its investment in the British furniture, interiors and lifestyle retailer, new 2022 accounts filed by a holding company in Luxembourg show.

West Midlands importer and wholesaler Heartlands Furniture built inventory to never-before seen levels last year amid industry-wide stock accumulation.

Furniture and lighting retail sales climbed for the third straight month in July, and at a faster pace, according to official figures.

The corporate vehicle that owns all the brands used by the Bensons for Beds group delivered higher profits for specialist private equity investor Alteri last year.

Consumers say they are now more likely than they were to splash out on high value items such as furniture or white goods, according to a closely-followed poll.

A freight forwarder later named one of the largest unsecured creditors of Kettle Interiors U.K. had become its landlord three months before the furniture wholesaler's insolvent restructure earlier this year.

A U.K. franchisee of modern furniture brand BoConcept has launched a collaboration with Loewe Technology with the aim of offering its customers a whole home solution.

IKEA has delayed the opening of its new store on Oxford Street in central London, citing the need to preserve the building's historic characteristics during the fitout and preparatory phase.

The group behind direct-to-consumer adjustable furniture brand Willowbrook has promoted from within for its new chief financial officer after the previous incumbent agreed to take a new role.

Ecommerce-led furniture retailer Danetti lapped high profits with a seven-figure deficit through 2021/22 but says it is well placed for when demand patterns become more stable.

The outlook remains positive according to London based furniture and furnishings wholesaler and retailer Andrew Martin International, which shrugged off a tough market and fraud to grow profits last year.

National retailer Bensons for Beds will open two new stores in Edinburgh in a little over a week as it restores its historic footprint in the Scottish capital.

Dozens of former staff of the now-defunct Alan Ward furniture retail chain could be in line for a payout after an Employment Tribunal found in their favour.

Designer furniture, home and lifestyle retailer The Conran Shop is vacating a London office building as its owner looks to sell the property.

Softer trading impacted the performance of the ecommerce company behind Italian upholstery and cabinet furniture brands SofaItalia and Oak World last year.

Bed retailer Dreams has reopened its expanded Cardiff distribution centre and adjacent retail store after a year-long project and £300,000 investment.

Digital-led case goods retailer Top Furniture maintained robust balance sheet fundamentals by the spring of this year against a backdrop of tougher trading conditions.

Sales recovered closer to pre-Covid levels at heritage department and furniture store retailer Browns of York in the past year as it expanded online and shoppers returned to physical destinations. Profits declined.

The family of Furniture Factors owner Barry Bruce say they have been overwhelmed by the messages they have received since his death was announced earlier this month.

U.K. furniture and lighting sales fell by less than £7 million year-on-year in July according to the Office for National Statistics (ONS), but a rise in June was shallower than first recorded.

Wallpaper company Graham & Brown has begun a consultation with employees after proposing to close a manufacturing facility in Blackburn, the Lancashire town where it was founded in 1946.

The wait to unveil a new managing director at Carpetright, Britain's largest floorcoverings retailer, continues amid change elsewhere in the boardroom.

Higher output wasn't enough to deliver improved profits at high-end kitchens and bedrooms company Roundhouse last year after rising costs mitigated sales growth.

Consumer prices rise for household furniture eased to their lowest level in over two years last month, but flooring inflation remains stubbornly high.

A surge in sales combined with efforts to keep a lid on costs helped diversified London department store group Harrods to a near seven-fold rise in profits in the past year.

The opening of stores in the centre and periphery of London represented a multi-million pound investment in launching into the U.K. market for King Living, the upmarket Australian furniture retailer.

Furniture retailer EZ Living Interiors has opened its northernmost store and its first in Northern Ireland to be located outside the Belfast area.

U.K. furniture manufacturers' turnover declined for the fourth month in the past five in June and at its steepest rate since the start of 2021.

The pre-pack buyout of Moda Furnishings came at a price for stakeholders, and followed the outdoor furniture retailer going from profits of nearly £5 million to losses of £5.6 million inside 12 months.

Furniture retailer Loaf delivered a near double-digit net margin for the third straight year despite weaker demand impacting the bottom line, and the unwind of outstanding orders hitting cashflow.

Loaf has formally confirmed that Redbrick Mill will be the location of its tenth store, saying it hopes to have the unit open in October.

Privately-owned furniture retailer Hafren Furnishers invested heavily for a second straight year after an initial seven-figure outlay acquiring the site that would go on to become its second store.

An indoor and outdoor plants and home accessories retailer that built a seven-figure turnover business from a standing start at the beginning of the pandemic ceased trading after an investor pulled out of a deal to provide investment.

Independent furniture retailer Hatfields has cautioned that the current financial year will be very challenging as it grapples a tough economic backdrop and more intense competition.

An independent furniture retailer that majors in reverse logistics by selling returns from big-name brands will make the Trade Secret store in Oxfordshire its fourth U.K. showroom next month.

Kids furniture retailer The Children's Furniture Company is trading through a new corporate entity after its hitherto operating company was placed into administration on Tuesday.

Higher sales, business model adjustments and restructuring helped Furniture Wholesale Group reverse the effects of the most challenging year in its history.

Chinese conglomerate Aosom Ecommerce has pumped millions of pounds into its circa £200 million turnover U.K. furniture and home goods web operation as part of a recapitalisation.

Will Kernan, the former CEO of furnishings-to-fashion retailer The White Company, has been appointed chairman at Neptune, the Wiltshire headquartered furniture design, wholesale and retail group.

Sanderson Design Group has cut costs after the multi-faceted fabrics and furnishings supplier took steps to streamline its U.K. support function.

Contemporary Northern Ireland furniture retailer Algram Modern Living has completed a remodel of its County Antrim premises that has, it says, created a unique and high-end showroom unlike anything on the island.

Ecommerce retailer Furniture Box funded the investment in its vast Wiltshire warehouse without the need to raise debt or equity capital, inaugural full disclosure accounts reveal.

A large independent rugs retailer trading from one of the main roads in and out of London has folded leaving large debts, mainly to the tax authorities and financial creditors.

Tempur Sealy International (TSI) says U.K. beds market leader Dreams was not affected at all by the cybersecurity event that has caused disruption elsewhere across the conglomerate's operations.

Ecommerce home platform Wayfair recorded the highest gross margin in its history in the past quarter as it returned to positive operating cash flow, and achieved profitability at the adjusted EBITDA line.

Fashion-to-furnishings retailer Next says profits will come in £10 million ahead of its previous guidance after it achieved better-than-expected sales in recent weeks.

Dreams, the U.K.'s largest beds retailer, booked a rise in net income last year as high single-digit percentage sales growth and the lapping of one-off costs helped mitigate against inflationary cost pressures.

Burton-upon-Trent retailer Discount Furniture Warehouse has begun a stock clearance sale of ahead of its planned permanent closure.

Elite furniture retailer Fishpools maintained its financial performance in the past year despite trading conditions tightening amid falling consumer confidence from the rise in the cost of living.

Consolidated earnings trebled at Andersons of Inverurie last year as revenue recovered and the furniture retailer lapped a period when profits were negatively impacted by a loan write-off.

Lower demand for U.K. made goods from Ireland, particularly mattresses, hit furniture exports ahead of the summer, according to new data. Upholstery exports held up stronger.

JYSK will later this month open its biggest-yet U.K. showroom with the launch of a debut large-format unit that sees some of its Internet-only products sold in-store for the first time.

The privately-owned premium furniture retailer behind BoConcept's London area stores booked higher profits last year as it fulfilled post-lockdown orders and made progress in its burgeoning contracts business.

A company voluntary arrangement (CVA) has lightened the debt burden for a South London based interior design company after it accumulated six-figure tax liabilities.

A North East retailer that runs multiple consumer goods websites including one specialised in the sale of beds and mattresses has been placed into administration.

Northern Ireland based upholstery and beds retailer Hometime Group has expanded the Dreams retail brand into the Republic of Ireland for the first time.

A container haulage company with depots across the East of England was placed into administration on Friday after a financial creditor called in its debt.

Secured creditors of Multiyork are being asked to approve higher administrator fees as the insolvency of the defunct upholstered furniture retailer drags into a sixth year.

Imports of wood living, dining and bedroom cabinet furniture declined for a sixth straight month by value in May on weak data from the Far East.

A furniture and bulky goods delivery company describing itself as the most sustainable forward-thinking two-person delivery company in the U.K. has filed for insolvency.

Dreams has taken steps to protect its intellectual property rights by objecting to a trademark application made by a micro-fashion retail enterprise.

Profit growth returned for the U.K. dropshipping company behind the Artisan Furniture and PD Global brands in the past year.

Blackbridge Furnishings, one of the largest furniture retailers in Scotland, made further bottom line gains last year, bolstering cash and its net worth.

High-end Italian furniture company Calligaris has recapitalised a U.K. subsidiary in a move that, all other things being equal, repairs its balance sheet.

Kitchenware supplier Sabichi Homewares claimed market share gains last year but higher costs meant profits declined.

Fabrics and window dressings retailer and distributor Terrys cut costs and made business model adjustments as it mitigated a market downturn in the second half of last year.

Belgian furniture supplier Ethnicraft is to make an $18 million (£14m) investment in its U.S. operation by building a new North Carolina facility that will expand and consolidate capacity.

Expanding South East retailer Sussex Beds found profitable growth last year as the build out of its store footprint continued to bolster the top and bottom lines.

Furniture and lighting retail sales volumes rose for the first time so far this year according to figures released Friday by the Office for National Statistics (ONS).

The increasingly crowded and competitive logistics landscape contributed to the collapse of delivery company Tuffnells, whose furniture and mattress industry customers made up as much as a third of its business.

French furniture brand Roche Bobois maintained sales momentum in the U.K. in the first six months of the year despite lapping tough comparatives and a challenging market.

The family behind longstanding Deeside retailer Coast Road Furniture will next month open a second store after taking a unit formerly occupied by Home Bargains.

Furniture wholesaler Lassic chalked up lower profits in 2021/22 as the Bradford company absorbed rising costs from freight and its supply chain.

Coach House wants to build a new high-bay storage facility at the site of its Altham headquarters as part of plans to expand the capacity of its furniture, home and gift wholesale business.

Dunelm says profits will land closer to year-earlier figures than analysts' expected after the furniture and homewares giant found value and volume sales growth through 2022/23.

Net income declined for online furniture retailer Home Discount last year with it remaining profitable thanks to a seven-figure management charge booked from a co-owned wholesale company.

The rescue of the West Midlands furniture wholesaler Serene earlier this year saved 35 jobs but compromised the debts owed to creditors including HMRC and suppliers.

Consumer price inflation for household furniture eased to its lowest level since April 2021 last month, according to figures released Wednesday morning by the Office for National Statistics (ONS).

The U.K. arm of designer furniture, home and gift retailer The Conran Shop saw losses increase by a factor of more than three in the first year under new ownership.

Furniture and homewares retailer EZ Living Interiors has expanded its retail footprint in Ireland with the opening of its fourth store in the Dublin area alone.

Designer furniture and homeware retailer The Conran Shop is considering the disposal of its operations in France as part of a move to explore strategic alternatives for the business unit.

The company behind a clearance specialist selling cancelled, returned and end-of-line orders from some of the U.K.'s largest retailers including John Lewis has been placed into administration.

Orders taken ahead of the buyout of Moda Furnishings by Giomani Designs late last week will not be delivered with customers to be told to try and claw back funds from card providers.

Giomani Designs has added outdoor furniture to its expanding roster of home retail interests with the rescue buyout of six-store multichannel retailer Moda Furnishings.

Furniture, lighting and design retailer The Conran Shop will take London store numbers back up to two with the launch of its new Sloane Square flagship showroom later this year.

Challenger indoor and outdoor furniture brand Out & Out has agreed for Panther Logistics to become its final mile delivery partner for the fulfilment of larger items.

A huge positive swing in gross margin helped profits climb for Giomani Designs last year, mitigating sales falling by almost £10 million compared with the previous year.

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