Furniture and department store retailer Bradbeers has repaid almost £5 million of maturing debt after a property disposal this summer.

Made.com founder Ning Li has incorporated a new furniture retail company with restructuring advisors poised to complete an asset-only sale of the business he launched more than a decade ago.

Furniture and lighting retailer Made.com (Made) has filed a notice of intent to appoint administrators (NOI) in a move that places a ring of protection around the business and shields it from creditor action.

Bensons for Beds has launched a Simply by Bensons programme of entry-level mattresses with a new product lineup and an adjusted and new-look brand compared with the Simply Bensons range that preceded it.

A central London property that has been home to myriad upholstery brands over the years has housed its last furniture industry tenant, if new plans for the six-storey building are approved.

London department store retailer Harrods returned to profit in the past year as it benefitted from the return of U.K. and international shoppers to the capital.

Clicks-to-bricks cabinet retailer shortens financial reporting period by a single day for the second time in the past three months, extending its filing deadline.

National retailer Furniture Village will take its estate to 55 with the launch of a new store on the Stane Retail Park in Colchester.

Restructuring advisors say multi-million pound filled bedding supplier Norfolk Feather is yet to formally enter insolvency despite the reported closure of its business earlier this month.

The U.K.'s largest BoConcept franchise built sales, profits and cash last year, saying it emerged in a stronger-than-ever position despite very challenging trading conditions.

The historic Derbyshire store of the hitherto highly-regarded independent furniture retailer Eyres of Chesterfield was sold ahead of the business permanently closing its doors earlier this year.

Restructuring advisors are poised to step in after Made.com (Made) said there was now no reasonable prospect of an offer for the equity in the company.

The rate at which customer loan applications are approved has increased since Dreams adopted a new time-saving system in partnership with software company Aryza.

Furniture and lighting retailer Made.com Group (Made) says its trading arm has temporarily suspended new customer orders following the collapse of sale talks on Tuesday.

Home product sales declined sharply at The Very Group through 2021/22 with the non-food ecommerce giant saying it lapped strong prior year comparatives in all major furniture categories.

National retailer Bensons for Beds will this week return to Watford with the opening of a new store above the existing unit operated by flooring chain Carpetright.

IKEA is to open Plan & Order points at Aintree, Preston and Stockport as part of plans to make it easier and more accessible to shop with the home furnishings giant.

Furniture retailer Made.com Group (Made) says sale discussions have been terminated after potential bidders were unable to meet a deadline of the end of the month for firm offers.

Cabinet and upholstery supplier Mark Webster Designs sold the vast majority of its stock to its largest customer two weeks ahead of the formal appointment of administrators as it sought a managed wind down of the business.

Filled bedding company Trendsetter Home Furnishings built on a return to profit with an eight-fold rise in earnings in the past year, but cautioned of headwinds in the period since.

The company behind the ufurnish.com search engine for furniture and furnishings has agreed a partnership with Santander U.K. that will elevate the visibility of leading retailers with the bank's mortgage holders.

National retailer Bensons for Beds will later this week launch Bensons Outlet, a pilot store concept that will offer customers deep discounts and special buys.

Fewer weeks lost to Covid and higher online sales help department store group Fenwick cut trading losses through 2021/22 while it returned to profit after tax thanks to a gain on property disposal.

Higher costs saw profits almost halve for bedding supplier Comfy Quilts in the year to end January despite sales having climbed thanks to it doing more business with a company under common control.

Actona Group found top line gains as the Danish furniture conglomerate expanded its global activities through acquisitions in 2021/22.

Britain's furniture industry enters the golden quarter with consumer confidence for big-ticket expenses at its weakest level since the beginning of the pandemic, according to new figures.

The North West company behind the Luxury Rattan outdoor furniture brand has filed for insolvency just over a year after it booked a net gain of almost £1 million.

Oldrid & Co, the Lincolnshire furniture and home store retailer that now trades solely under the Downtown fascia, reversed a big seven-figure deficit as revenue recovered in the past year.

Higher prices and the unwind of big order books meant the value of furniture and lighting retail sales climbed by almost £100 million year-on-year in September.

Wayfair says it is offering over 12,000 products that adhere to one or more of 50 third-party sustainability certifications as the online platform looks to advance the green credentials of its supply chain.

Homewares and furniture retailer Dunelm said it had a robust quarter with sales dipping as expected as it lapped strong comparators from the autumn of last year.

Former Cole's store in Stoke-on-Trent was acquired back in 2009 but closed four years later.

The end of lockdown and the return of London footfall has helped high-end French furniture franchise Roche Bobois find U.K. growth so far this year, at a faster pace than in any other world market.

Renewed upstream supply chain price pressures will result in further rises being passed on to retailers, as new inflation figures out Wednesday showed continued stubbornly high rates across the industry.

Trading profits returned at Jarrold & Sons through 2021/22 as the diversified Norwich group kept a lid on costs and saw revenue recover, particularly within its retail business.

Home department store retailer Leekes recorded double-digit top and bottom line gains in the year to end March and says it has maintained momentum in the first half of its new financial year.

Wider gross margin and higher sales helped the privately-owned South East retail group behind department stores including Elys and Pearsons return to profit in the past year.

New bank borrowing replaces £100 million drawdown on overdraft facility as loans from related parties increased last year.

Home, garden and leisure retailer The Range has pinned a fall in profits on unprecedented challenges to the supply chain as rising costs countered an advance in sales at the 205-store chain.

Eve Sleep will live on as a standalone brand after Bensons for Beds acquired the direct-to-consumer company's intellectual property following the appointment of administrators at midday on Monday.

Direct-to-consumer mattress and sleep products company Eve Sleep was placed into administration at midday Monday after hopes for a solvent solution or fresh equity funding evaporated.

Embattled furniture retailer Made.com Group (Made) is targeting firm offers for the company by the end of October and says potential bidders have been made aware that it will require interim financing in light of dwindling liquidity.

BoConcept is donating profits from its business in Russia to an initiative supporting Ukraine after it was forced to walk back plans for an immediate exit from supplying its Russian franchisee.

Independent furniture retailer Lukehurst is upgrading the exterior of one of its two Kent stores with a six-figure investment in the external fascia.

The founder of DFS and an investment vehicle controlled by the deputy chairman of Dunelm remain among the largest shareholders in fast-growing and now-profitable flooring retailer Tapi Carpets & Floors.

Inflation-driven price rises and currency movements helped worldwide brand revenue climb to a new record level at IKEA in the past year despite flat volumes across the franchise.

The Furnitureful ecommerce brand is now trading under the stewardship of its third owner inside five months after its predecessor company folded late last month.

The Chinese ecommerce group behind furniture, home and garden brands such as Homcom and Aosom more than doubled the size of its U.K. business last year in a period when it added six new warehouses across southern and eastern England.

Upmarket interior design and furnishings supplier Sanderson Design Group found profit growth in the first half of its 2022/23 financial year after almost doubling licensing income.

Headlam Group, the U.K.'s largest floorcoverings wholesaler, has bolstered its leadership team with two new independent non-executive board hires.

U.K. tax authorities face the largest shortfall after the planned permanent closure of privately-owned Leicestershire retailer Furniture Loft went awry earlier this summer.

Furniture, mattresses and home accents distributor Gallery Direct pumped cash into stock build last year in a period where it returned to profit on vastly increased output.

U.K. listed textiles group says part of its German-based operations has struggled as a result of weak consumer confidence.

Upholstery brand Maker&Son says it was fully committed to fulfilling all creditors obligations ahead of it being forced into an insolvent restructure after a single creditor didn't support its plans following its summer buyout.

Restructuring advisors are trying to unpick the situation at £25 million sofa brand Maker&Son after the trading company behind the business was placed into administration earlier this week.

A fast-growing wholesaler and ecommerce oak furniture retailer has the backing of one of the most prominent industry founders of the past two decades following an investment earlier this year.

Britain's biggest bed retailer delivered high single-digit figure profit growth in 2021 as revenue surged on the back of strong demand last year.

Furniture Village commercial director Charlie Harrison has been named winner of the Next Generation Award by Family Business United, recognising his contribution to the national furniture retailer.

Higher output outweighed rising costs and thinner margins as North West household textile supplier Turner Bianca found bottom line growth in the year to end March.

Fabb Furniture will open two more showrooms before Christmas as part of a six-figure investment expanding its retail estate. It is also targeting a new distribution centre and has switched warranty providers following a tender process.

Fast-growing flooring chain Tapi Carpets & Floors will keep its foot on the accelerator pedal with new stores opening through 2022.

Made.com Group (Made) says it will need tens of millions of pounds in aggregate funding over the next 18 months as it revealed it had begun discussions with interested parties regarding a sale of the business.

North West home department store retailer Housing Units achieved a double-digit net margin as sales jumped by well over a third to record levels in the year to March 27, 2022.

Major independent furniture retailer Fishpools booked seven-figure profits and bolstered cash reserves in a year of record volumes for the Waltham Cross company.

Britain's sofa and mattress makers are being landed with a new wave of price increases from across the upstream supply chain according to correspondence seen by The Furnishing Report. Some suppliers are also on allocation.

Furniture retailer Made.com Group (Made) saw its gross margin slide sharply in the first half as it slashed prices to shift excess inventory.

Frasers Group, owner of Sofa.com and House of Fraser among myriad retail interests, has enlisted architects to draw up plans for a new global headquarters campus in Warwickshire.

General merchandise retailer Next has fleshed out the details of its investment in ecommerce furniture retailer Swoon for the first time — four months after the bones of the deal were first disclosed.

Home furnishings retailer IKEA is partnering Tesco, the supermarket chain, to expand its collect-and-collect service for customers.

Fresh equity investment has taken the total pumped into The Conran Shop, the U.K. and international designer furniture and lifestyle retailer, to beyond £10 million in a little over a year.

Town planners last week gave the green light to previously-signposted proposals that will transform the landmark Heal's furniture store on Tottenham Court Road in central London.

Northern Ireland department store and beds retailer S.D. Kells says it expects the trading conditions caused by the inflationary backdrop may adversely affect its results through 2022/23, but it is well positioned to cope after a strong year.

Five-store specialist retailer operates carpet and bed shops across Dorset and Hampshire.

Danish furniture and homewares retailer JYSK will this week open a new store as it expands its retail footprint in an existing U.K. stronghold for the company.

The buildout of Feather & Black's physical retail footprint took another step last week with the upmarket beds and bedroom furniture brand adding its fourth new store in 2022 so far.

Signposting the probable sale of the company heralded more sell-offs of Made.com's shares on Friday as it closed the week at a new all-time low.

Upholstery and beds vertical HSL repaid a £4 million bank loan two years ahead of time as it generated cash and traded strongly through the rump of the pandemic.

Furniture and lighting retailer Made.com Group (Made) has withdrawn its full year guidance and formally launched a strategic review that could lead to a sale of the business or its assets.

The addition of a large West Midlands warehouse late last year represents the early phase of a major financial commitment to the U.K. over the next decade for multi-brand furniture wholesale and retail group Ziel.

U.K. consumer confidence fell to an all-time low this month though the measure monitoring big-ticket spend intention remained unchanged.

Platt & Hill, a supplier of foam and fibre fillings products to the beds and upholstery manufacturing sectors, slipped to a loss last year as higher costs outweighed the benefit of increased output.

Retained profits at a Scottish fitted furniture vertical were wiped out last year as the company battled an outsized impact from Covid restrictions that impacted its business model.

West Elm, the U.S. mid-century modern furniture retailer with a circa £30 million U.K. presence, has begun a search for a new president after current incumbent Alex Bellos announced his departure.

Soft furnishings retail chain Julian Charles Home followed through on its vow to return to profit through 2021/22 as it continued to bounce back under its new owner.

French furniture and home accents retailer Maisons du Monde has collected the first dividends from its U.K. ecommerce operation since it launched here six years ago.

Furniture, fashion and lifestyle retailer Oliver Bonas deleveraged last year after it generated almost £12 million of operating cashflow during a record trading period.

Home merchandise sales declined for department store chain John Lewis & Partners in the six months to end July as pandemic demand trends began to unwind.

Furniture and lighting retail sales declined by more than £37 million year-on-year in August as price inflation failed to keep the value of sales positive in the category.

Furniture, lighting and home accents retailer Made.com Group (Made) plumbed new depths on Thursday as the market capitalisation of the business fell to below £25 million for the first time.

Gross margin narrowed across the DFS group through 2021/22 with rising costs and supply chain disruption countering a sharp rise in deliveries as the upholstery market leader unwound its large order bank.

The addition of seven new stores helped upholstery retailer Sofology find revenue growth in the year to end June though the expansion of its retail footprint will slow in the new financial year.

Almost £1 in every £50 spent on furniture in the U.K. goes into the coffers of Dunelm Group, the expansionist homewares retailer claimed on Wednesday as it revealed new plans to grow in the category.

High-profile furniture industry executive Suzy McMahon is leaving Sofology to take up a newly-created role at Oak Furnitureland, the U.K.'s largest hardwood furniture retailer.

Double-digit U.K. margin and strong sales growth here helped French furniture brand Roche Bobois deliver higher profits in the first six months of 2022.

Many furniture and floorcoverings retailers have already confirmed plans to close their doors on the day of The Queen's funeral, while trade show Long Point will now be a two rather than three day event.

Revenue bounced to beyond pre-Covid levels for off-price furniture and homeware retail chain Homesense through 2021/22 despite continued lockdown disruption and no ecommerce channel.

Steve Johnson, a non-executive director at DFS since the end of 2018, is to succeed Ian Durant as chair of the U.K.'s largest upholstered furniture retailer.

Award-winning independent retailer Surrey Beds has closed following a planned shutdown on the expiry of its lease. Its owner cited the prospect of rising costs as a disincentive to continue.

RH, the high-end U.S. furniture and furnishings retailer formerly known as Restoration Hardware, has pushed the launch of its debut U.K. gallery into next year.

Furniture and home goods ecommerce platform Wayfair is preparing a new bond offering with a plan to use some of the proceeds to refinance existing borrowings.

Cost cuts and better buying boosted margin as one of the largest department store retailers in the South West of England returned to profit through 2021/22.

Headlam Group's search for a new chief financial officer has entered its seventh month after a prime candidate for the position decided at the last-minute to withdraw.

A Yorkshire beds retailer with a large ecommerce operation has added live video chat and appointments to its offer, improving options for online customers based far from its showroom.

A North West ecommerce home goods retailer with ownership ties to the supply sector added turnover, profits and employee headcount in a breakout period, its first public-record accounts show.

Embattled furniture and homewares retailer Made.com Group (Made) has launched a new marketing campaign designed to set itself apart from competitors and galvanise sales.

ScS says the new Ideal Home upholstery collections that first aired at its new-concept Coventry store earlier this summer (see related) will be rolled out across all of its U.K. stores and online.

An insurance claim and wider gross margin helped profits climb at flooring wholesale group Headlam in the first half of the year despite an already-signposted decline in revenue.

Northern Ireland based furniture wholesaler Annaghmore Agencies recovered some of the revenue lost to the pandemic last year in a period that saw it build its inventory position.

An Italian design company based on the banks of Lake Maggiore enjoyed its strongest year in the U.K. in almost a decade as home sales surged in the aftermath of lockdown.

The restructuring advisors handling the insolvency of Nottinghamshire furniture importer Mark Webster and its parent company have said operations have now ceased following their appointment last month.

Modern furniture franchise BoConcept recorded highest-ever sales and EBITDA in the year to end April and said its strong order book puts it in a position to find further growth this year.

Sofa and flooring chain ScS opened the third of its new-format retail stores this weekend with a revamped unit in South Lanarkshire.

One of Furniture Village's seniormost executives has been recast in a new role as part of a reshaping of the board at the U.K.'s largest management-owned furniture retailer.

An auction house that has cleared stock for some of the biggest names in the furniture industry has ceased trading and signalled its intent to appoint administrators.

A three-store sofa retailer with branches across the East Midlands has deleveraged its business after paying down long term debt during a profitable year to April 30, 2022.

Three of the biggest retail brands in the country have announced multi-million pound investments in prices across furniture and home categories as they look to stimulate demand amid rising living costs for customers.

The imminent U.K. arrival of RH, the luxury furniture retailer formerly known as Restoration Hardware, will be supported by the launch of a clearance store at one of the industry's most popular destinations.

Glasswells is expanding the capacity of its third party storage arm as the privately-owned company builds on continuing investment across its home furnishings retail activities.

Home goods giant IKEA is expanding the rollout of its London-centric click-and-collect service after a pilot programme earlier this year.

Freemans and Grattan, major vendors of home merchandise and two of the largest mail order shopping brands in the country, say customers' spending focus has shifted from furniture to fashion as pandemic trends unwind.

A fast-emerging ecommerce furniture retailer and wholesaler booked large seven figure profits through the pandemic and ahead of external investment earlier this year.

The probability that three major foamers will continue to serve the U.K. mattress and upholstery markets has increased after Carpenter and Recticel conceded the planned takeover of the latter's engineered foam unit would lessen competition.

A Chicago-area investment firm has doubled its position in ScS, the U.K.'s number two upholstered furniture retailer.

Home and lifestyle retailer The White Company is to build on the introduction of a new format 'curated store' concept earlier this spring with the addition of a second unit.

A dedicated ecommerce site and new space inside Sterling stores will help BoConcept near double output in Scotland through 2023, the Danish brand's franchisee has told a national newspaper.

Discount variety retailer The Original Factory Shop cut borrowing by more than half in a year where adjusted profits trebled and it added a net 14 stores to its national estate.

Cabinet and upholstered furniture maker Ben Whistler returned to profit last year after the bottom line took a hit through the first period of Covid.

The CEO of the group behind modern furniture and home décor retailer West Elm said cutting lead times is a focus as the brand continued to gain traction in its second quarter.

Cabinet and upholstery importer Mark Webster Designs and its parent company Mark Webster Holdings were both formally placed into administration earlier this week.

More than 50 global furniture equities spanning market leaders in the U.K. and China saw the value of their shares fall on Tuesday on a grim day for the home furnishings industry.

A major Far East retail corporation operating IKEA stores in selected countries across the region found top and bottom line growth in the six months to end June.

Sales and profits climbed last year for a West Yorkshire flatpack furniture enterprise that sells through third parties such as Very and Amazon as well as via a sister ecommerce business.

High-end upholstered furniture brand opens latest showroom.

The Competition and Markets Authority (CMA) has named the officials who will make up the inquiry group looking into the takeover of Recticel's Engineered Foam unit by Carpenter.

Furniture exports climbed in the three months to end June on the back of strong growth from the two largest buyers of U.K.-made goods.

A second six-figure equity issue inside four months has elevated the paper value of a prominent U.K. furniture search website.

Ecommerce-led case goods retailer Top Furniture followed a breakout trading period through the pandemic with further gains in 2021/22.

Ecommerce home goods giant Wayfair is to lay off 870 people across its global operation as it adjusts its investment priorities amid a weaker trading environment.

Gwyn Burr has told Made.com (Made) she intends to step down from the board of the company with immediate effect to give more focus to her other professional commitments.

Upholstered furniture and floorcoverings retailer ScS has relaunched its Gateshead store in the North East as part of a plan to roll out new concept showrooms with a series of technological and visual enhancements.

Privately-owned furniture importer and distributor Mark Webster Designs and its parent company Mark Webster Holdings have each filed a notice of intent (NOI) to appoint administrators.

Volumes were lower for the fourth month in a row for furniture and lighting retailers in July amid worsening confidence among consumers for high value items.

Chief financial officer promoted at £180 million ready-to-assemble furniture manufacturing conglomerate.

Upholstery and carpets retailer ScS has bolstered its operating board with the appointment of an experienced retail executive as its first ever chief marketing and digital officer.

Made.com (Made) has confirmed a capital raise is among the options being considered to plug a potential funding gap after the furniture retailer burned through cash at a higher-than-expected rate in the first half.

National retailer Bensons for Beds has appointed the former group supply chain director of Dunelm as its new chief operating officer, the third person to hold the role since the start of the pandemic.

Consumer price inflation for furniture eased to a six-month low last month according to new official data out Wednesday morning. But the total remains stubbornly high.

The West Yorkshire group behind the Freemans and Grattan home shopping brands has been recapitalised with million of pounds of new equity funding.

Furniture retailer Loaf has launched a new integrated advertising campaign featuring an updated strapline after partnering with a different marketing agency.

Ecommerce furniture sales fell again in the second quarter but by a narrower amount as the market began to normalise. Upholstery was the strongest product category for U.K. retailers.



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