Kitchen conglomerate Nobia is selling its Dutch manufacturing business Bribus for €64 million and says it will now be wholly-focused on the U.K. and Nordic markets.

Restructuring advisors at Leonard Curtis lined up as potential administrators.

Highly-experienced retail leader joins high-end furniture retailer OKA as its new chief executive officer.

Privately-owned Scottish furniture retailer The Designer Rooms is to open its largest store yet with a new branch at Kilmarnock, replacing two existing Ayrshire units that are both to close.

Independent retailer Worthington Brougham Furniture says it has finally opened its first High Street store and that early feedback from customers has been positive.

Dunelm Group, the national furniture and homewares retailer, has appointed Ajay Kavan and Daniel Taylor as non-executive directors.

Fabrics and wallpaper supplier Sanderson Design Group said a strong performance from its high-margin licensing business has continued to mitigate the impact of challenging U.K. trading conditions.

Upmarket furniture and homeware retailer Heal's will book a sizeable fall in profits for 2022/23 after writing down the value of inventory as a result of reverse logistics challenges.

Aspire Furniture, a growing supplier to the ecommerce mattress sector in the U.K., is planning to build its international business after agreeing new trade finance.

Rising operating costs hit profits at two-store South East retailer.

Frasers Group paid £2 million in cash to acquire the business and assets of ecommerce furniture, home and lifestyle retailer Amara Living, but its investment since has dwarfed that total.

London retailer Adventures in Furniture booked a sixth straight profit as it continued its ascent since a restructure back in 2018.

Scandinavian furniture retail giant ILVA, whose much-heralded U.K. operation succumbed to the financial crash of 2008, slipped to a loss last year as revenue fell sharply.

The owner of Bensons for Beds has now received almost the entirety of the amount it was owed at the time of the prepack transaction that divorced the bed retailer from Harveys, its hitherto sister furniture chain.

Midlands kitchen manufacturer Mereway Kitchens has ceased trading after a second insolvency inside six months for a company operating the brand.

A small, but longstanding independent furniture retailer has closed its doors for good within months of business insurers severely inhibiting its ability to trade.

The Gangani family, who sold home textiles supplier Bridstock Gate back in 2017, is to relaunch its flagship bedding brand after re-acquiring the intellectual property (I.P.) rights last year.

René Nieuwendijk, international commercial director at the Dutch-owned Leolux Furniture Group for most of the past decade, has joined office furniture maker Humanscale as vice president, global retail sales.

Harvey Jones has sought protection from creditors while it talks with potential investors and stakeholders regarding a restructure of the upmarket kitchens retail business.

Expanding retailer Loom Loft Furniture & Interiors is to open its fourth store with the spring 2024 launch of a new unit at Preston Docklands, creating 40 new jobs.

The intellectual property of a formerly highly-regarded independent Derbyshire furniture retailer was acquired for a nominal sum as part of a wider stock sale, restructuring advisors have disclosed.

Profits more than doubled for IKEA's U.K. operation last year as it combined higher sales with margin expansion.

Cabinet maker Simpson and Liddard has been awarded the Manufacturing Guild Mark for business excellence by The Furniture Makers’ Company, the City of London livery company and furnishing industry charity.

Furniture retail clearance specialist Furniture Outlet Stores is to open a fourth branch, expanding its footprint in the South East of England and building on strong profits last year.

The company behind retail brand Julian Charles diversified into hard furniture categories such as bedroom cabinet, bedsteads and mattresses heading into peak season last year, expanding beyond its core soft furnishings programme.

Upmarket bedroom brand Feather & Black has become the latest retailer from the home space to partner Next, curating an edited programme of products to sell via the general merchandise giant's online platform.

Furniture retailer Loaf is planning to open its fourth store in London after eyeing a former Sofa Workshop store to the west of the city.

Profits jumped for the company behind Dreams stores in Northern Ireland last year as it found margin and maintained top line momentum.

Consumer sentiment towards higher-value purchases such as furniture and floorcoverings improved for the third straight month in January according to a closely-followed survey, but remains negative.

French furniture conglomerate Roche Bobois built revenue to record levels last year thanks to the buyout of several franchisee retail partners. But overall network retail sales declined.

The CEO of Oak Furnitureland says the business achieved profitability at the operating line on a trailing twelve month basis last year as it prepares to open its first new store since the buyout of the business back in 2020.

Sheffield independent Ponsford, one of the country's largest single-store furniture retailers, booked lower profits last year as sales deflated from a seven-year high in 2021/22.

Industry suppliers and retailers have questioned the legitimacy of elevated container shipping rates amid the ongoing crisis in the Red Sea.

Six major Shanghai-listed furniture corporations including the owners of upholstery giants Ekornes and Kuka saw their share prices fall to their lowest levels in at least a year during intra-day trading on Tuesday.

2,000 consumers who paid in full or in part for undelivered goods face a battle to recover their cash after a two-store London furniture retailer ceased trading when its sister company in Turkey pulled the plug on further funding.

Midlands and South West furniture retailer Lee Longlands is opening an Interior Design Studio at its flagship Birmingham store.

The West Yorkshire rug and mat manufacturer behinds brands such as Howler & Scratch and Rug Guru plans to invest another £3 million on factory upgrades having spent a similar sum last year.

A second straight sharp rise in revenue helped filled bedding, bedlinen and soft furnishings supplier Richard Haworth to maintain profits last year, despite input cost pressures.

RH, the high-end U.S. furniture retailer formerly known as Restoration Hardware, has appointed Jarrett Stuhl as chief real estate and development officer with a brief to lead its global expansion.

Carpetright owner Nestware Holdings helped finance the buyout of U.K. Flooring Direct with a loan to its ecommerce unit that runs brands including Flooring Supplies and Flooring Megastore.

Rising costs outweighed record revenue last year for Lars Larsen Group, the Danish conglomerate with myriad furniture industry interests spanning retail and wholesale brands.

CEVA Logistics, a subsidiary of French shipping conglomerate CMA CGM, has agreed to buy U.K. delivery company Wincanton in a deal worth £566.9 million.

Ecommerce home platform Wayfair hopes to find more than $280 million of annualised cost savings after announcing a series of job cuts that will reduce its worldwide workforce by 13 percent.

The effects of price inflation helped mask a decline in furniture and lighting volumes through 2023, according to new figures from the Office for National Statistics (ONS).

Upholstery market leader DFS said it expects costs savings and margin expansion to help it maintain or grow 2023/24 profits despite it cutting sales guidance as a result of an industry-wide fall in demand.

Living and dining cabinet shipments declined by more than a quarter in November on weak data from Malaysia, Singapore and the U.S.

The chief transformation officer at supermarket giant J Sainsbury is to pick up the general merchandise brief following Paula Nickolds' decision to leave for The White Company.

Paula Nickolds, the former managing director of John Lewis & Partners, is leaving her post as commercial director for general merchandise at J Sainsbury's to become chief executive at The White Company.

N Brown, the retail group behind ecommerce brands JD Williams and Home Essentials, is forecasting year-to-March 2024 adjusted profits within 6 percent of last year despite a near double-digit revenue decline.

Homewares retailer Dunelm Group said it expects to book mid-single digit profits growth for the year to end June 2024 as it closed its first half with higher sales and margin expansion.

Earnings before non-cash costs were positive for the second straight year for Ercol Furniture in the immediate post-pandemic period as the Buckinghamshire manufacturer recorded its narrowest net deficit in five years.

Inflation all but disappeared in the furniture category in December while hitherto stubbornly-high flooring rises finally eased to something approaching the historic norm.

Losses widened at OKA on rising costs ahead of the high-end furniture retailer raising external debt finance last summer.

Kave Home, the pan-global Spanish retailer that has its own dedicated U.K. ecommerce channel, plans to step up its furniture manufacturing capability in a bid to become more vertically integrated.

The average pay award for workers at U.K. furniture factories will be 4.9 percent this year, according to the British Furniture Manufacturers' (BFM) latest Wages Survey.

Furniture and electricals retailer Harvey Norman is to open its first store in Great Britain after agreeing to take over part of the former Debenhams store at the Merry Hill shopping centre in the West Midlands.

Upholstery and beds brand Willow and Hall has a new managing director following its takeover earlier this month, with its new owner also revealing the size of its stake in the Frome-based business.

Rob Pierre, who founded and built digital marketing company Jellyfish into a global enterprise with annual sales north of £250 million, is investing £500,000 and becoming an advisor to ufurnish.com, the furniture and furnishings search website.

Upholstered furniture vertical Sofas & Stuff has fleshed out more details regarding its new central London store, which will open at the beginning of March.

Aosom Ecommerce's U.K. furniture and home business was heavily loss making ahead of a summer 2023 recapitalisation deployed by the Chinese conglomerate to retire debt associated with its earlier expansion.

The longtime partner of bed retailer Dreams in Northern Ireland plans to follow the launch of the brand in the Republic of Ireland last year with a second store.

Earning power declined at discount variety retailer The Original Factory Shop last year on lower revenue and higher distribution costs.

Output at the furniture factory gate was lower for the eighth consecutive month in November as U.K. producers continued to struggle for new orders.

The Very Group, one of the U.K.'s largest retailers of furniture among a diversified general merchandise offer, says home goods sales declined in the lead up to Christmas.

Dusk has emerged as one of the largest ecommerce retailers in the U.K. after it diversified from selling bedding and soft furnishings into the sale of furniture, spanning beds and mattresses through to upholstery and dining ranges.

Revenue, profits and cash all climbed for furniture importer Seconique through the year to end June with the West Midlands distributor saying it has made further gains since.

Retail group John Lewis Partnership has appointed former Jigsaw CEO Peter Ruis as executive director to lead John Lewis, its department store business. Naomi Simcock, who was interim executive director, is now operations director.

Privately-owned upholstered furniture retailer Sofas & Stuff plans to expand its showroom network in 2024, including a fourth store inside the M25.

Designers Guild, the designer, wholesaler and retailer of diversified home products spanning furnishing fabrics to upholstery, booked a £2.04 million net loss in the year to March 31, 2023 on lower demand and higher costs.

General merchandise retailer Argos said its customers pulled their furniture purchases forward into November with the Christmas trading period proving more challenging.

Fast-growing outdoor furniture supplier Akula Living has become the latest home industry company to receive financial backing from BGF, a growth capital provider for U.K. and Irish small and mid-sized businesses.

The Winter Sale period made a bleak start for big-ticket retailers according to the CEO of the British Retail Consortium (BRC), the retail membership body that lists a number of major retailers of furniture among its brethren.

The company behind ecommerce brand Oak Furniture House and two other furniture web properties has temporarily ceased taking new orders while it resolves a series of challenges that have beset the business.

Furniture123 owner Buy It Direct says the business is trading profitably now that it has realigned its cost base and completed a stock reduction programme.

The long-empty former Debenhams store in Stockport is to be used for furniture clearance after an emerging reverse logistics specialist tied up a deal for the Princes Street unit.

The shareholders of furniture, beds and home accents distributor Gallery Direct have acquired retailer Willow and Hall through a separately-held group that majors in the supply of lighting.

Ecommerce retailer Furniture Box has hired Laura Carter as head of buying.

Rising costs and the falling away of Covid-support schemes negated revenue growth at Tapi Carpets & Floors in 2022, accounts public over the weekend showed. It remained profitable at EBITDA level, and says it has made gains since.

James Sturrock has taken a new post outside the home furnishings sector following his departure as chief executive of Tapi Carpets & Floors, which has been operating under new leadership for some time.

Shares in rival U.K. floorcoverings distributors Likewise and Headlam gained as the former delivered an upbeat assessment of last year and its outlook for the period ahead in a trading update on Thursday.

Vertically-integrated cabinet maker and retailer Starplan Furniture booked lower profits last year on thinner margins and a decline in output.

Upholstery and beds retailer Hometime Group has achieved two marketing milestones for its Sofatime brand; the launch of a new website, and a first-ever television advertisement.

North West lighting supplier Cascade says it is putting liquidity before profit as it grapples a tough market backdrop that has seen falling demand combine with rising costs.

An end to the pandemic-era consumer furniture boom saw revenue slide for ecommerce retailer Furniture and Choice last year, but the Yorkshire company near-maintained profits as container costs eased.

Modern furniture and design retailer The Conran Shop ended last year as it began, with its owner providing additional funding through the issue of fresh equity.

Year-on-year orders rose 13 percent to £16.4 million at The Cotswold Company in the nine weeks to December 31, 2023, the furniture retailer said in a Christmas trading update.

Lesley Graham, the longtime Sterling Furniture Group buying director who was admired and respected throughout the furniture industry at home and abroad, has died after a long illness. She was 64.

The group behind the Sofa & Chair Company is pushing forward with its Larkbury London brand as it seeks to bounce back from a year that was below expectations and ended with a company voluntary arrangement (CVA) agreed with its creditors.

Cabinet furniture wholesaler Papaya Trading has further strengthened its sales force with the appointment of a third new agent inside a few months.

The Stokers group of privately-owned furniture stores beat its top line record for the third straight year through 2022/23, helping to keep profits within touching distance of year-earlier levels.

A diversified retail and leisure company that runs a handful of Frank's The Flooring Store branches across the North East booked record profits last year in a period of continued expansion.

Profits jumped ten-fold for Roche Bobois' U.K. business last year as revenue surged on the reopening of its predominantly London-based furniture store network.

Major U.K. and Ireland upholstery, furniture and beds retailers have expanded their store footprints, using the traditional post-Christmas period to open new branches.

A large positive swing in gross margin helped rug wholesaler Asiatic Carpets shrug off the impact of output falling to more normal trading levels through 2022/23.

The October-announced takeover of ScS by Italian upholstery retailer Poltronesofà has moved a step closer after shareholders in the U.K.'s second largest sofa specialist decided to back the deal.

Home department and furniture store retailer Leekes has unveiled the remodelled home textiles department at its Llantrisant store, completing the second phase of a wide-ranging refurbishment programme.

Higher costs and a weaker trading backdrop tempered profits at Barker and Stonehouse through 2022/23 with md James Barker saying the furniture retailer has used the exceptional prior period to fund investment for the long term.

Furniture and lighting retail sales were almost identical in November year-on-year according to provisional data from the Office for National Statistics (ONS), which simultaneously revised down October figures.

North East living, dining and bedroom wholesaler Baker Furniture has taken two-year capital expenditure to over £1.7 million as it continued to invest against a backdrop of rising costs and decelerating demand.

Profits moderated for a second straight year through 2022/23 for Hopewells, one of the largest and longest established independent furniture retailers in the Midlands.

Furniture wholesaler and bed manufacturer Balmoral saw revenue return closer to pre-pandemic levels in the year to end March, but rising costs hit the bottom line.

Growing financial and environmental concerns among consumers will see demand in the furniture resale sector increase five times as fast as that of the total furniture market by 2027, according to a new report.

Independent furniture retailer TR Hayes of Bath left more profit in the business than in any other year on public record in the 12 months to end March, with closing cash also reaching an all-time high.

Consumer household furniture prices stabilised in November, as official data showed a first rise in inflation in the category in nearly a year and a half. By contrast, stubbornly-high flooring inflation eased to a 33-month low.

Cookes Furniture, one of the U.K.'s largest privately-owned retailers, has strengthened its leadership team with both internal and external board appointments.

Privately-owned national retailer Furniture Village is relocating one of its north London stores, opening a new unit on the Staples Corner Retail Park next week.

Spinks, the Yorkshire manufacturer best known for supplying bed components, has secured a £250,000 research contract to bring its EcoSeat spring technology to U.K. rail seating.

Sales fell sharply for the business unit taking in ecommerce furniture and home giant Wayfair's U.K., Irish and German trading activities last year, according to figures that became public for the first time on Monday.

A share buyback at high-end modern furniture retailer Beadle Crome Interiors put a seven-figure valuation on the company, and concentrated ownership.

Upmarket cabinet maker and retailer Martin Moore Furniture slipped to a loss through 2022/23 after rising operating costs negated the impact of higher output.

Swoon is entering the kitchen furniture market after launching a product collaboration with Harvey Jones, the semi-national high-end kitchen retailer.

Consumer spend intent for higher value items such as furniture and flooring improved for the second straight month in December according to a closely-following survey by GfK, the international polling company.

The chief executive of RH says the luxury furniture retailer doesn't plan to end its U.K. gallery network with the two already confirmed locations here. Other sites are also in the pipeline.

A downward gear shift to more normal trading levels after the Covid period saw revenue and profits decline for three-store Northern Ireland furniture retailer CFC Interiors in the year to February 28, 2023.

Britain's biggest floorcoverings wholesaler has agreed a settlement with insurers, nearly two years after the fire that destroyed its MCD Kidderminster distribution centre in December 2021.

The U.K.'s largest BoConcept franchisee has expanded its retail footprint with the opening of its first concession inside a Fenwick department store, and the second for the brand overall.

Turnover at the factory gate declined for the seventh straight month in October on a year-on-year basis, but at the shallowest rate since May.

Trading conditions returned to more normal levels at home department store retailer Housing Units through 2022/23 with its CEO saying further investment has left it well placed for the years ahead.

The heavily-leveraged balance sheet of cabinet and upholstery retailer The Cotswold Co is to be transformed after shareholders agreed to waive all interest accrued on loan notes as part of a major refinancing exercise.

National retailer Furniture Village has been recognised three times at this year's Best Companies Awards, including winning the Special Award as the Best Improver 2023.

The company behind multi-million pound direct-to-consumer bedding brand Groove Pillows has stopped taking orders and been placed into liquidation.

Losses narrowed at the David Phillips Furniture group in the year to end March as it found margin after a price reset and placed greater emphasis on residential real estate such as supplying the build-to-rent sector.

Multichannel housewares retail brand Sophie Allport said it will look to find cost savings after harder trading conditions through 2022/23 led to falling sales and a net deficit.

Furniture and soft furnishings chain Harry Corry Interiors generated almost £5 million of operating cashflow for the second straight year but reported profits declined on rising costs and thinner margins.

Furniture retailer Made.com (Made) is returning to an old hunting ground with the opening of its second brand showroom since its relaunch under the custodianship of Next earlier this year.

Value furniture chain JYSK has now reported losses in every year bar two since it arrived in the U.K. 15 years ago as rising operating costs including a higher rent bill vaporised the profits of the Covid-period.

Expanding furniture and furnishings retail chain NCF Living is to further build out its store footprint after taking another former Harveys unit.

A wholly-owned Natuzzi subsidiary that runs three of the Italian upholstery company's stores in London returned to profit last year after it booked the revenue from unwinding its large order book.

The ambitious ecommerce homewares retailer that rescued £2 million furniture retailer Shabby in early 2022 slipped to a deficit in the first full year since completing the asset buyout.

The integration of an acquisition and a new startup soft furnishings manufacturing venture helped North West fabrics group Panaz grow through 2022/23. But rising costs meant profits flatlined.

Furniture retailer Cotswold Company is to open its ninth full-line store and its 12th overall including outlets with the launch of a showroom in Bath next Thursday (Dec. 14, 2023).

Independent furniture retailer Arighi Bianchi is to use its Park Lane warehouse in Macclesfield as a clearance store, opening up once a week to sell ex-display and end-of-line products as well as goods with small defects.

Fabb Furniture cut its net loss through 2022/23 as the retail chain maintained top line momentum and benefitted from a landlord compensating it for exiting a store lease ahead of time.

Beds, furniture and property entrepreneur Andrew Perloff has made additional seven-figure debt finance available to retailer Fabb Furniture in the past year.

The number of furniture retailers with sales north of £1 million has climbed by a fifth in the past year, as price inflation and post-lockdown demand combined to elevate more companies into seven-figure businesses.

Outdoor furniture supplier Alexander Rose has cut inventory levels by more than a third over the past six months as the business returned to profit after the disruption of the immediate post-Covid period.

A wholly-owned U.K. retail subsidiary of high-end French furniture brand Ligne Roset was loss making again in the past year after it had previously ended a run of five straight trading deficits.

Furniture and homeware retailer Dunelm has continued to expand its horizons beyond out-of-town retail parks with the opening of another large in-town former department store unit.

Workplace furniture maker Orangebox returned to profit through 2022/23 as the impact of increased top line activity and royalty revenue filtered through the income statement.

Agents have cleared the last remaining stock of the predecessor Made.com company following the furniture retailer's collapse into administration a year ago.

Designer furniture and homeware retailer The Conran Shop is to close its circa £13 million business in France, bringing an end to three decades of trade.

The largest private shareholder in Established & Sons has increased the size of his stake in the designer furniture, lighting and homewares company.

Major independent furniture retailer Lee Longlands plans to expand its footprint with the opening of two new stores inside the next 15 months, the first of which is slated to open just after Christmas.

Industrial giant Vita Group, whose diversified activities span semi-finished and finished products ranging from PU foam to mattresses and underlay, has disclosed the sale price for the disposal of a French subsidiary which completed earlier this year.

Outdoor furniture supplier Alexander Rose booked a large deficit in the 18 months to end February 2023 as delayed containers led to cancelled orders along with elevated demurrage and storage costs.

Residential property transactions, considered one of the best foretellers of future demand for home furnishings such as furniture and flooring, declined sharply in October.

Furniture and electricals retailer Harvey Norman has seen sales in Ireland weaken in the past two months, but the negative trend has softened at its smaller Northern Ireland based operation.

The insolvent restructure of the Pagazzi Lighting retail business earlier this autumn resulted in the closure of three of its stores, administrators have said in a new report.

Value furniture and homeware retailer JYSK opened 135 new stores in the past year and says it expects to pull the shutters up on at least as many again by the end of next summer.

Liverpool furniture, home and garden retailer Taskers said margins were negatively impacted through 2022/23 as it bore additional freight costs of about £1 million. It said it hopes for a recovery now that rates have normalised.



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