Optimism among furniture makers about the trading environment has faded according to an updated poll of its members by the trade association British Furniture Manufacturers (BFM).

Bolia, the modern upholstery, cabinet and accents retail brand that has been present in the U.K. market since 2016, has reported its first loss in 14 years.

The owners of ecommerce furniture and home brand Laura James say the business is on target to eliminate the losses of the past two years after management change, and investment in both new technology and infrastructure.

Upholstery and flooring retailer ScS has appointed Phil Geary as chief marketing and digital officer, filling a post vacated earlier this month after Kyle Rowe took a new position elsewhere.

The rebuild of Made.com took another leap forward this weekend after brand owner Next launched the first standalone store for the furniture retailer banner under its stewardship.

November saw the largest single-month improvement in consumer confidence for major purchases since June 2020, giving retailers a boost going into the final weeks of the year.

Online general merchandise retailer Very said its indoor furniture sales performance was "significantly ahead of the market" through the three months to end September.

Higher costs weakened margins at specialist furniture and bedding retailer Futon Company in the past year, despite another all-time high sales effort.

The Furniture Market, one of the U.K.'s largest ecommerce furniture retailers, invested heavily in new delivery vehicles and infrastructure last year as it continued to achieve profitable momentum.

Alteri Investors has detailed the total cash amount it has invested, loaned or contributed so far into the vertically-integrated Bensons for Beds operation, the U.K.'s second largest retailer in the beds category.

Fritz Hansen, the designer furniture maker whose products are sold through some of the U.K.'s sharpest modern retailers, has appointed Henrik Steensgaard as its new chief executive as it looks to return to profit.

Large independent furniture and flooring retailer John Doe of Diss leaned into its credit facilities through 2022/23 amid investment in new assets and the pay-down of trade obligations.

Antony Batty & Co appointed at South West floorcoverings retailer on Monday following notice of intent filing ten days ago.

The Conran Shop has opened its first location in the Middle East with a new store in the largest shopping mall in Kuwait.

Furniture retailer Barker and Stonehouse has begun testing and selling a curated selection of products on the ecommerce platform of Next, the general merchandise retail giant.

German kitchen giant Nobilia is closing in on 80 stores for its franchised Kutchenhaus brand with another nine locations slated to open soon, adding to those already opened so far this year.

The group behind historic furniture, kitchens and appliance retailer Knees Home and Electrical narrowed its net loss on higher revenue through 2022/23, ahead of the closure of one of its Wiltshire stores.

Emerging beds retailer The Sleep Haven has followed its late-September launch in Yorkshire with the opening of a second unit, this time on the Riverside Retail Park at Warrington.

Designer furniture, homeware and lifestyle retailer The Conran Shop has received further equity funding from its owner, taking the amount beyond £10 million already this year.

A third senior company official earlier this year became a shareholder in Loaf, the expanding furniture retailer backed by investment firm Blue Coast Capital.

EZ Living Furniture is to open a purpose-built store on arguably the most lucrative piece of real estate for comparison goods in all of Northern Ireland after state officials granted planning approval.

The year-on-year value of furniture and lighting sales climbed in October according to the Office for National Statistics (ONS), though it revised down earlier figures.

Salvation Army Trading Company is seeking to expand its corporate partnership network by teaming furniture retailers requiring solutions for unwanted or end-of-life products.

Property agents handed a privately-owned Devon and Dorset department store retailer a boost after an upwards revaluation of its freehold assets.

Thailand's Central Group is to become the majority shareholder of U.K. and Ireland retailers Selfridges, Brown Thomas and Arnotts after it exchanged debt for equity in the department store group.

Consumer furniture price inflation eased to its lowest level in 34 months in October as the falling away of upstream supply chain pressure combined with a desire to stimulant weak demand, prompting price cuts.

Four-store South East England bed specialist Hamseys Sleep Centres recorded higher year-on-year profits, though cash declined as it paid down outstanding liabilities.

Italian fashion brand Dolce & Gabbana has opened two showrooms in London for its furniture-and-home-oriented Dolce & Gabbana Casa brand. One is a dedicated boutique, with the other described as a corner within Harrods.

Long-held ambitions for an IKEA store in Sussex have moved a step closer after its affiliate Ingka Centres tied up a property deal for the largest shopping centre in Brighton.

High-end furniture retailer RH pumped tens of millions more pounds into its U.K. operation through capital expenditure in the year leading up to the opening of its first gallery here earlier this summer.

Norton Group Holdings, parent to home and leisure retailer The Range, has agreed £255 million of new bank loans since the start of last year amid investment in its new 1.2 million sqft group distribution centre in Stowmarket.

Upmarket furniture design, wholesale and retail group Neptune has pinned a hefty 2021/22 loss on shipping cost inflation but says it has made a swift return to profit after making cost savings and restructuring its leadership team.

U.K. furniture manufacturers recorded an eighth straight year-on-year decline in turnover at the factory gate in September according to new official data out Friday morning.

The current fair value of BoConcept, the international urban furniture brand, has declined for the second time inside 12 months as macro-economic pressures hit consumer spending.

Half-year profits jumped for retail giant Marks & Spencer (M&S) as it made revenue gains in categories including food and fashion.

Tapi Carpets & Floors is closing in on 180 stores nationwide after it last weekend bolstered its presence in the North West of England.

National bed specialist Bensons for Beds has said it achieved like-for-like sales growth in all four quarters of its 2022/23 financial year, and returned to profit.

Historic furniture company Reynolds was one of the standout pound-for-pound retailers of the pandemic period, booking seven-figure profits for the third straight year in 2022/23.

Independent furniture retailer Vale Furnishers has announced the planned closure of its Farnham store, with the lease on the East Street premises soon to expire.

West Elm's U.K. retail operations recorded EBITDA of £3.4 million through 2022/23 despite reduced output as it closed one store, cut the lease term on another, and exited its wholesale agreement with John Lewis.

Higher costs resulted in lower profits for the Ulster Stores group ahead of the closure of its dedicated ecommerce beds and bedding business unit earlier this year.

Inter IKEA, the company that owns the IKEA brand and supplies its franchisee operators, doubled its profits in the past year as it lapped a period of higher costs and one-time items.

The md of Glasswells says the retailer is interested in both growth and diversification after another strong trading year, but he cautioned that more recent trading patterns have been tougher.

The mobility group behind direct-to-consumer adjustable furniture brand Willowbrook booked double-digit profits at the EBITDA line in the first full year since a near £40 million venture capital-backed buyout.

Logistics supplier Wincanton has won a contract to carry out white-glove home deliveries for The Conran Shop, the designer furniture, homeware and lifestyle retailer.

U.K. beds market leader Dreams was among the standout performers for Tempur Sealy International in the third quarter of 2023 with its CEO calling out the retailer's leadership team for its "outstanding execution."

Furniture and Choice, one of the U.K.'s largest ecommerce furniture retailers, is launching its debut television advert ahead of the Black Friday promotional event later this November.

Castle Donington furniture wholesaler Birlea has revealed its new-look logotype and corporate identity amid an expanded product roster and new senior managerial appointment.

Profits climbed at South East England home and fashion outlet retailer Choice last year as high growth helped mitigate against an inflation-driven margin decline.

Free cashflow was positive for Wayfair for the second straight quarter as earlier cost cutting measures and a return to top line growth paid off for the ecommerce conglomerate in the three months to end September.

Less than a third of Argos' total retail space will be represented by standalone stores by March next year as the general merchandise retailer revealed plans for more store closures.

Premium lighting, homeware and occasional furniture supplier Porta Romana delivered class-leading profits in the year to end April on the back of sales growth and its ability to pass on price rises to customers.

South East furniture and home retailer Collingwood Batchellor made double-digit top and bottom line gains in the year to January despite sales slowing significantly from the autumn of last year.

Next, the general merchandise retailer and one of the largest vendors of furniture in the U.K., has revised its full year profit guidance after sales beat expectations in the third quarter.

Risings costs and weaker sales hit profits at Riva Home ahead of the Yorkshire soft furnishings supplier's buyout of upmarket fabrics producer Voyage Maison earlier this year.

The Fine Bedding Company found trade tougher through 2022/23 but still allocated six-figure resources to both capital expenditure and charitable endeavours.

Heritage furniture retailer Fairbairns of Berwick has begun a retirement sale ahead of its planned permanent closure, bringing the curtain down on 77 years of trade.

The underlying performance of department store retailer Fenwick weakened last year on higher costs and diluted margin as a result of stock clearance. It still returned to profit after booking the gain from further property disposals.

Department store retailer Jarrolds and its sister modern furniture store The Granary began selling furniture online for the first time last year amid revenue returning to pre-pandemic levels.

Retail and wholesale brand Habitat is to create a range of tableware and kitchen products based on Sanderson's National Trust collection of fabrics, after the parties signed a licensing agreement.

Home goods revenue fell by more than £8 million for Very Group in the past year but the ecommerce retailer found growth in key categories including upholstery.

The cash and asset rich independent store group behind flagship department stores such as Elys of Wimbledon invested heavily across its London and South East branch network last year.

Revenue and profits reached record levels at Barkers of Northallerton in the year to January 31, 2023, with the privately-owned retailer having now doubled its annual output over the past decade.

Renascent ecommerce and mail-order retailer Cox & Cox will next week open its first-ever physical space with a pop-up shop in Leeds.

Lincolnshire furniture, home and garden retailer Downtown recorded an accounting loss as it wrote down the value of one of its legacy Oldrids stores for a second time.

Outdoor and indoor furniture retailer Garden Trading has relocated to state-of-the-art Wiltshire premises after a £2 million investment by its new private equity backer.

ScS said it expects to upgrade a further dozen stores in the current financial year but the upholstery and flooring chain has cautioned that trade has become harder in recent weeks.

Shares in DFS climbed almost 10 percent in intra-day trading on Tuesday as the upholstery market leader benefitted from takeover talk at its largest U.K. rival. Italian sofa retailer Poltronesofà has had a bid for ScS recommended by its board.

Poltronesofà, a major Italian upholstery retailer with 300 stores across Europe, is set to acquire ScS, the U.K.'s number two sofa retailer.

The number of U.K. furniture retailers with more than 100 employees has dropped by just under a fifth year-on-year as mid–large size independent enterprises cut staff headcount.

High-end furniture retailer Bridgman was negatively impacted by the travails of Snug last year, ahead of the sofa brand being snapped up and later relaunched by national retail chain ScS.

Home shopping group Freemans Grattan Holdings (FGH), one of the U.K.'s largest retailers of furniture online, has leaned into a committed share capital funding programme to raise funds.

Loaf opened its 15,500sqft store on the Redbrick complex at Batley on Thursday, the largest in the furniture retailer's estate to date.

Privately-owned retailer Barker and Stonehouse has extended the size of its space inside Fenwick's Kingston-upon-Thames store, making it one of the largest furniture concessions in the country.

U.K. sales returned closer to pre-pandemic levels for high-end Italian designer lighting company Artemide last year, but at a cost to margins.

Consumer confidence in splashing out on higher value items such as furniture weakened to its lowest level in nine months in October, after the sharpest single-month fall in over three years.

The value of furniture, lighting and floorcoverings retail sales rose on an annual basis in September according to figures out Friday morning from the Office for National Statistics (ONS).

Premium French furniture brand Roche Bobois says revenue in the U.K. is now flat after the first nine months of the year, having been trading ahead at the half-year stage.

Furniture and homewares retailer Dunelm said sales grew 9 percent in the first quarter of its 2013/24 financial year with upholstery among its key product successes.

Wider gross margin helped the North West supplier of bedding and household textiles under brands spanning Dorma to Content by Conran find a big performance boost through 2022/23.

The U.K. comfort foam operations of Recticel were more profitable despite lower sales ahead of the business unit being carved out and sold to a private investment company earlier this year.

Consumer price inflation for household furniture eased to its lowest level in two and a half years in September as cost pressures on the industry continued to ease.

A Greater Manchester retailer majoring in upholstery has been placed into liquidation leaving a raft of debts, primarily to financial creditors and the tax authorities.

Furniture, beds and home accents wholesaler Gallery Direct booked a £6.5 million net loss last year after writing down the value of stock to reflect current shipping costs. It says the decision is already delivering a competitive advantage.

The md of West Midlands and Dorset furniture retailer Cookes says the group is well positioned for future growth after it overcame supply chain challenges to book higher profits in the past year.

Shares in upholstered furniture market leader DFS closed at their lowest level in eight and a half years on Friday.

Paul Clark, the founder and owner of MyPad, has passed the baton on to the next generation at the multi-million pound turnover Jersey furniture retailer. He plans to step away from day-to-day management and focus on new projects.

The owner of modern furniture, home and lifestyle retailer The Conran Shop has taken 2023 equity funding to approaching £10 million after a new summer/autumn capital raise.

IKEA, the U.K.'s largest home and garden goods retailer, saw digital revenue growth outstrip stores in the past year with well over a third of its business now transacted online.

Home shopping retailer N Brown slipped to a first half net loss on weaker demand but still managed to build liquidity thanks to working down its stock position and other non-cash movements.

Half-year profits advanced for Sanderson Design Group (SDG) as the premium interior design and furnishings supplier enjoyed the benefit of new licensing agreements.

Turnover at the furniture factory gate fell at its sharpest rate in two and a half years in August, according to new official data released Thursday morning.

The U.K. business unit that provides services to Wayfair's European trading operation has for the first time revealed the number of jobs impacted here by the worldwide redundancy programme announced earlier this year.

Ecommerce-led furniture retailer Roseland booked a seven-figure deficit last year but the Cornwall company says the outlook is stronger thanks to growth and shareholder support.

Restructuring advisors have queried an asset sale that led to a new entity under common control taking over the retailer trading as The Children's Furniture Company earlier this year.

Gross margin tumbled at Swoon last year as the ecommerce-led furniture brand faced up to weaker customer demand along with rising product and freight costs.

Lighting, home accents and furniture retailer Pagazzi has effected a corporate reorganisation that looks to have secured its future.

Upholstery specialist ScS will release its preliminary results a fortnight later than planned after the board said a short delay is required for finalisation.

Upstream supply chain rivals Carpenter and Vita Group both found single digit growth last year in a period upended by supply chain challenges and M&A activity.

More furniture and flooring industry companies filed for insolvency in the third quarter of this year than in the first three quarters of 2021 combined as tough trading across the sector led to record corporate imperilment.

Leekes, one of the U.K.'s largest privately-owned furniture and home department store retailers, invested heavily in its store and digital estate through 2022/23.

Profits fells as rising product costs negated the impact of higher output at Newton Abbot furniture and department store retailer Austins last year.

Wren Kitchens has replatformed one of its factories as a dedicated bedroom furniture plant as it rolls out displays of its fitted bedroom offer across its entire 100+ store retail network.

Longtime Bensons for Beds md Alan Williams says there is space in the market for a new bed specialist after an encouraging start to life for his new retail brand The Sleep Haven.

Dame Sharon White will stand down as chair of John Lewis Partnership in February 2025 and has asked the retail group to initiate a process to appoint her successor.

Swedish kitchen giant Nobia has finalised the sale of its freehold manufacturing property in Dewsbury in an all-cash deal worth £13.6 million.

An affiliate of the company behind ecommerce-led retailers Beds.co.uk, Cox & Cox and Moda Furnishings has completed a prepack rescue of Victoria Plum, the £114 million turnover online bathroom products retailer.

Oak Furnitureland is launching Grow Your Home, a new integrated brand platform and campaign designed to highlight its transition from hardwood furniture specialist to whole-home retailer.

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.

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