Creditors have backed a company voluntary arrangement (CVA) that puts an end to a two-year administration process for a one-time £55 million upholstery group.

Upholstery vertical Sofa.com has followed the opening of its new store in York with more new space as it presses ahead in partnership with sister retail brands. Sofas & Stuff is also expanding with a new East Midlands store.

North West upholstered furniture manufacturer Buoyant will book a sharp decline in profits in the year to September 2022 after higher raw material costs combined with recruitment challenges.

Man Wah Holdings says the company will appeal after a jury awarded more than $100 million in damages for the alleged infringement of a former supplier's intellectual property. A judge will now decide the actual figure, likely to be a fraction of that amount, pending an appeal.

Upholstered furniture brand Snug has launched a new eco-friendly sofa cover option across its entire programme of sofa models.

Top-of-the-market upholstered furniture maker George Smith recorded a fourth straight bottom line improvement and third consecutive profit as it traded strongly last year.

Upholstered furniture manufacturer Roger Lewis is to concentrate its activities in the contract arena following a restructuring process that sees it exit the retail sector.

Actona has agreed to buy Polish sofa maker SITS in a deal that means the design, wholesale and manufacturing group has added about £180 million in upholstery revenue through acquisitions in the past year alone.

Upholstery import volumes from China fell by almost a quarter in April as retailers and wholesalers grappled with the rising cost of shipping products in from the country.

Man Wah Holdings, the world's largest motion furniture maker with operations across the Far East and Europe, is considering the spin-off or separate listing of a component subsidiary.

Well-known upholstery industry executive Daniel Feltham-White has acquired sought-after intellectual property of historic retail brand Sofa Workshop.

Upholstery supplier Nicoletti Home is building further manufacturing capacity nears its southern Italy headquarters with a new factory coming on stream in the next month.

Upholstered furniture chain Sofology has timelined the planned opening dates of both of the latest locations in its new store pipeline.

Italian upholstered furniture giant Natuzzi says it has been scouting new vendors in more stable geographic areas as it looks to plot a course through supply chain challenges.

Sofa company Arlo & Jacob is to be the lead sponsor of the National Premier League tennis finals at the historic St George's Hill Lawn Tennis Club in Surrey.

The insolvency of a direct-to-consumer upholstered furniture company making armchairs, sofas and dining chairs from its factory in the Cotswolds leaves creditors, chiefly the bank, facing a shortfall.

Gilles Bonan, the former chief executive and chairman at French furniture group Roche Bobois, has been appointed to the board of Natuzzi.

U.K. upholstery group TCM Living found big sales growth in the first quarter of 2022 on the back of increased demand and the delivery of orders carried over from the end of last year.

Revenue from European markets including the U.K. have jumped by half for upholstered furniture conglomerate Man Wah Holdings in the past year, driven largely by output from its Far East factories.

Italian and Polish sofa factories led a sharp increase in imports at the end of the first quarter with the total value of upholstery arriving at U.K. ports up by more than £50 million compared with last year.

Natuzzi, the Italian upholstered furniture conglomerate, has sold a fifth of the Singapore based business unit that runs its non-Chinese stores in the Asia-Pacific region under a plan to expand its retail footprint. The deal was first disclosed last year (see related).

The U.K. and Ireland distribution arm of global motion furniture giant La-Z-Boy found cost savings in the early stages of trading through a market upended by Covid restrictions.

David Roberts has been named chief financial officer at TCM Living, the upholstery group that owns Ashley Manor, Alexander & James, Alstons and AMX Design.

A British company incorporated in December 2020 has been told to change its name after an objection raised by Italian furniture giant Natuzzi.

The group behind G Plan, Parker Knoll and Collins and Hayes found big growth and a profit turnaround in a second year heavily impacted by Covid with its CEO saying further gains will follow this year.

Restructuring advisors looking to raise cash for the creditors of Sofa Workshop should soon be in a position to name the new owner of the brand after the deadline passed for bidders late last week.

Upholstered furniture retailer Sofology has hired a former Currys and Ralph Lauren executive to the newly-created role of digital and business development director.

Colne upholstered furniture maker Furnico found near double-digit sales growth in the last full year before the business was sold to U.S. giant La-Z-Boy in the autumn.

Upholstery imports into the U.K. jumped by more than a quarter in February despite weak figures from China.

Furniture giant Natuzzi has turned to the office furniture sector for the leader of its newly-formed Furnishing and Accessories business unit, which it hopes will boost order values across its retail network.

High demand and wider margins helped Italian furniture conglomerate Natuzzi enjoy a €30 million profit swing last year, with it saying it has continued to write strong business in the early part of 2022.

Officials at PwC will seek approval for another six-figure uplift in the fees its restructuring advisors have earned handling the insolvency of Fabb Sofas, the upholstery chain that ceased trading in June 2018.

Startup venture Homebound is targeting renters and frequent movers with monthly furniture packages spanning a full array of living, dining, home office and bedroom products.

A North West sofa wholesale business along with two connected companies including a retail business have been placed into liquidation.

Leaders, colleagues and family members at upholstered furniture maker Whitemeadow have raised money for The Furniture Makers' Company's Step2It campaign after completing a charity abseil.

West Yorkshire furniture maker Sherborne Upholstery said demand was high throughout the past year as it found profit growth against softer comparatives and supply chain challenges.

The chief executive officer of global upholstered furniture maker Man Wah Holdings has left the company and will be replaced by its majority shareholder and founder.

Wider margin and higher sales helped upholstery vertical Sofa.com record highest-ever profits last year as it put behind it a long-running series of trading losses.

Italian sofa maker Nicoletti Home says meeting customers' delivery expectations was among the three principal factors that helped it achieve high U.K. and worldwide growth last year.

Upholstered furniture imports into the U.K. advanced 76 percent year-on-year in January and at an even faster pace compared with pre-Covid trading.

Buoyant Upholstery will make further environmental, social and governance (ESG) improvements this year as the Lancashire sofa maker looks to continue to lead in the furniture manufacturing sector.

Modern upholstery manufacturer Michael Tyler Furniture has promoted its production director ahead of the planned retirement of its longtime managing director and former co-owner.

The upholstery group behind the Alexander & James, Ashley Manor, AMX Design and Alstons businesses found big revenue gains last year but rising costs weighed on profits.

Upholstery company Arlo & Jacob is launching Arlo & Design, a newly refurbished studio and designer fabric upholstery service based at its Fulham showroom.

Australian furniture maker King has formally announced its launch in the U.K. with the opening of its first King Living showroom here, on Tottenham Court Road in London.

Norwegian upholstery producer Ekornes, owner of the Stressless and IMG brands, made gains worldwide last year including a double-digit uplift in delivered revenue across the U.K. and Ireland.

The U.K.'s largest privately-owned upholstered furniture manufacturer has promoted its head of group I.T. to a newly-created role encompassing a wider remit.

Sofa market leader DFS has launched DFS Vegan, a programme of upholstery that is both 100 percent animal free and approved by PETA, the charity dedicated to establishing and protecting the rights of all animals.

Upholstery company Arlo & Jacob is independent again after Mark and Julie Smith re-acquired the business from sofa group TCM Living (TCML), parent to Ashley Manor, Alstons, AMX Design and Alexander & James.

Direct-to-consumer upholstery brand Snug achieved a more than four-fold rise in sales last year as it benefitted from a mix of high demand and good product availability.

Shipping problems and higher costs failed to quell demand for overseas-made upholstery through 2021 as imports reached their highest-ever level over a full year.

Privately-owned upholstery retailer Sofas & Stuff will take its store network to 20 nationwide with its latest opening, primed to open next month.

Direct-to-consumer and wholesale upholstery brand Swyft Home has signed a lease on a new and larger distribution centre facility.

Upholstery brand Swyft Home has more than doubled its footprint in John Lewis stores nationwide after the department store chain introduced new displays last week.

Upholstery producer and distributor La-Z-Boy U.K. has become a Business Club Plus member, a form of sponsorship, at Burnley Football Club.

Upholstery and carpets retailer ScS said it has traded well through the important winter sale period and is working with its supply chain to mitigate challenges that have pushed out lead times.

U.K. upholstery market leader DFS has agreed a long lease on a large speculatively-build warehouse unit to the west of London.

Colefax Group, owner of multiple high-end furnishing fabric brands and prestige Devon sofa maker Kingcome, booked profits up by more than a third on higher sales in the six months to October 31.

The company behind Far East upholstery giant Kuka Home says profits doubled in a year bookended by planned manufacturing investments totalling the equivalent of more than £400 million.

South Wales sofa maker Ashwood Designs booked record sales last year amid investment in additional manufacturing capacity and frame production.

Upholstery retail and wholesale brand The Lounge Co has opened a second standalone showroom in London as it looks to boost its business in the capital.

Upholstered furniture giant Man Wah Holdings has made its second major land acquisition announcement inside a week, this time for a vast plot of land in Mexico on which it plans to build more factories.

U.K. retailers and wholesalers imported more upholstered furniture into the country in November than in any other single month in history, new official data shows.

Italian upholstered furniture conglomerate Natuzzi has appointed Giuseppe Cacciapaglia as replacement for Vittorio Notarpietro pending a search for a new permanent chief financial officer.

Man Wah Holdings, the Hong Kong listed upholstery producer, is to build a new factory in Wuhan, China that will becomes its manufacturing base in the centre of the country.

Hydeline Furniture, the Buckinghamshire upholstery producer and distributor, has appointed Jonathan Burrage as its new managing director, succeeding Harvey Roberts in the role.

Upholstery group DFS has named the new managing director for its Sofology retail chain, succeeding the brand's CEO Sally Hopson, who left after retiring last year.

Paul Myerscough has been promoted to managing director at North Wales upholstery manufacturer Westbridge Furniture, a major supplier to national, DTC and independent retailers.

West Midlands upholstery manufacturer ACL 2002 built on a return to profit last year but says it is facing intense cost pressures and labour shortages because of Covid-19.

Rise-and-recline upholstery producer Celebrity Motion Furniture says it is optimistic it will clear the remainder of its CVA debt in the next year, saying the business has continued to prosper since its restructure.

Large upholstery retail warehouse Vine Mill Furniture is clearing stock ahead of its planned closure with owners instead to focus on the group's wholesale operations supplying other companies.

Natuzzi has announced the resignation of chief financial officer Vittorio Notarpietro after 20 years service with the Italian upholstery maker and retailer across two separate spells.

Upholstery retailer Sofology has revealed two further new store locations for its 2022 pipeline as it continues to reconfigure its national network.

Southern Italian upholstery manufacturer Incanto group will next month reintroduce its upmarket Incanto Italia brand to the U.K. and Irish markets after a multi-year absence.

Upholstery and beds company HSL has strengthened its retail presence in the North West of England, with a new unit opening Thursday to the north of Manchester.

North West upholstery and curtain fabrics wholesaler Fryett's widened gross margin in 2020/21 as it increased its market share in the supply of cut length products.

Upholstered furniture import growth slowed at the beginning of the final quarter despite continued robust figures from both China and Poland, the U.K.'s largest trading partners.

Halo Creative & Design, parent to premium pitched furniture brand Timothy Oulton, has acquired a country house hotel comprising a 17th century manor after securing new finance worth tens of millions of pounds.

The company behind entry-level sofa maker Wyvern Furniture leaves creditors with little prospect of a return after it was placed into administration and ceased trading earlier this autumn.

Emerging upholstery company Swyft Home has secured a seven-figure supply chain finance deal designed to support business-to-business growth with third-party retailers.

Upholstery giant Man Wah is to acquire a 55 percent stake in a Far East sofa maker that was once one of the largest in the region supplying U.K. furniture retailers.

Italian upholstery giant Natuzzi said it continued to enjoy strong demand in the third quarter but supply challenges presented cost and operational headwinds. Strategic outsourcing is one of three strands to address those.

National upholstery retailer Sofology has launched a new programme of sofas and chairs in collaboration with architect and TV presenter George Clarke.

Sofa.com plans to maintain a physical store presence in the Harrogate area irrespective of whether proposals by Marks and Spencer (M&S) to re-occupy the upholstery vertical's existing store are approved.

Britain's Buoyant Upholstery has been voted one of 11 pan-European winners of a Forest Stewardship Council (FSC) 2021 Furniture Award, which celebrates the producers of sustainable furniture.

Retail giant Next continued to build headcount at its upholstery manufacturing unit in the past year, but output was lower on factory shutdowns. A write-down of assets hit profitability.

Natuzzi Editions will open its largest U.K. store to date when it heads to Bristol next month. It is one of three imminent new showrooms for the Italian upholstery brand, including a first in Dublin, Ireland.

Upholstered furniture and beds retailer Willow and Hall ended a company voluntary arrangement (CVA) ahead of plan after creditors agreed to a revised repayment proposal.

Sofa import growth weakened in September but still grew on an annual basis for an eighth consecutive month on the back of increases from the U.K.'s two largest trading partners.

Delivered sales continued to climb at the same rate in the third quarter as they did in the second in the U.K. and Ireland for Ekornes, owner of upholstery brands Stressless and IMG.

The upholstery group behind the Alstons, Ashley Manor, AMX Design and Alexander & James brands continued to make top line gains in the three months to end September, but the inflationary cost environment hit profits.

The group behind the Parker Knoll, G Plan, Duresta, Collins and Hayes and The Lounge Co upholstery brands is opening a new factory in Worcestershire as it looks to build capacity and future proof its requirements.

Profits at Man Wah Holdings, the recliner and upholstery giant with factories across the Far East and Eastern Europe, climbed almost a third in the six months to end September as sales jumped to record highs.

Upholstery producers are reporting further input price pressures for foam after converters and other suppliers of semi-finished products were hit with increases on polyurethane block supplies.

Gatemore Capital Partners, which describes itself as an activist investor that looks to create rather than just identify value, is said to be building a stake in DFS, Britain's largest upholstery retailer.

Preston sofa cover and reupholstery company Plumbs has introduced a new ecommerce brand offering finished removable cover sofas, armchairs and accessories.

Upholstery retailer Sofas & Stuff will open its fourth new store this year and 19th overall when it opens in a former Laura Ashley unit before 2021 is out.

Buoyant Upholstery has becomes the first company in the furniture sector to join the Slave-Free Alliance, the social enterprise launched by global anti-slavery charity Hope for Justice with the aim of preventing worker exploitation in global supply chains.

Upholstered furniture retailer Sofa Club, which sells online and through lounges in major English shopping centres, will launch its first physical presence in the Midlands next week.

Furniture wholesale giant Actona Group is to expand the scope of its global upholstery operations after agreeing the takeover of private equity backed Danish sofa maker Theca. More deals for other companies will follow, it said.

La-Z-Boy U.K. has acquired North West sofa maker Furnico in a deal that gives the U.S. headquartered upholstery conglomerate manufacturing capability within Europe.

Upholstered furniture shipments continued to rise strongly at the height of summer despite lapping robust figures recorded in the aftermath of the first Covid lockdown.

Revenue fell at all four of West Midlands and Essex upholstery group TCM Living's business units last year but three of them still managed to gain market share from their competitors.

New figures from upholstery group TCM Living show its two largest retail customers—both major furniture chains—were responsible for 61.4 percent of its £100 million plus turnover through 2020.

Plumbs slipped to an overall loss last year but the sofa covers and reupholstery business said it enjoyed a very profitable fourth quarter after benefitting from pent-up demand post lockdown.

The next phase in an intellectual property disagreement between two sofa companies, one in the U.K. and another in Ireland, is scheduled to take place this week.

Customers pivoting away from the web and back to stores along with the collapse of Greensill Capital exacerbated an already perilous situation at Kidderminster sofa maker Wyvern Furniture.

The company behind Kidderminster sofa maker Wyvern Furniture has ceased trading and been placed into administration. All of its employees have been made redundant.

Existing local managers will oversee the business of iconic sofa brand Tetrad after the departure of its longtime md and former owner Janus Cooper, its parent company Belfield has said.

Walking away from tens of millions of pounds worth of business with IKEA was a bold move but Westbridge is finding new custom elsewhere, with both emerging and longstanding customers.

Sofa giant Natuzzi continues to write new orders faster than it can manufacture existing ones according to its incoming CEO, who says the global supplier is prioritising ways to cut lead times.

55-store upholstery chain Sofology could follows its sister DFS brand into Ireland or add more smaller stores once its current new store pipeline has been fully unwound.

Disruption from the pandemic ended a seven-year run of sales growth for upholstered furniture manufacturer Whitemeadow last year, but the decline looks likely to be short-lived.

Upholstery shipments jumped by half at the beginning of the second period of 2021 as the sofa sector continued to grab an outsized share of container availability.

BFM, the trade association for British furniture manufacturers, says the BFM Fabric Show London will return next year, taking place in the week commencing March 7.

Sofology opened a new store last weekend and will add two more this month as it presses forward with plans to expand. It is doing so under new leadership following CEO Sally Hopson’s decision to step down.

Mark Smith has decided to step away from executive duties at upholstery group TCM Living and will be succeeded as CEO by Jonathan Fearn, who is currently the chief financial officer.

First half revenue in the U.K. and Ireland passed 2020 levels for Stressless brand owner Ekornes as the resumption of trade and store reopenings boosted the upholstery conglomerate.

Phil Reynolds, technical development manager for furniture and furnishings at test house SATRA, is to lead a key British Standards Institute (BSI) technical committee that will likely influence the U.K.’s furniture fire safety regulations.

The parent company of Stressless brand owner Ekornes last month agreed a deal worth the equivalent of £61 million to buy out a minority shareholder.

Upholstery retailer Sofas & Stuff booked a big increase in profits in 2020 despite the pandemic, testament it said to the success of a turnaround plan that has been underway for three years.

Containers shipped and trucked into the U.K. from China and Poland led to the highest-ever recorded total of upholstered furniture arriving at U.K. ports in the first six months of 2021, new figures show.

The group behind the Alstons, Ashley Manor, Alexander & James and AMX Design sofa businesses saw strong second quarter revenue growth against comparatives heavily impacted by the U.K. lockdown last spring.

Upholstered furniture manufacturer Whitemeadow has acquired what it described as a significant stake in one of its key foam suppliers.

Dudley upholstered furniture manufacturer ACL has agreed new debt finance that will support its product development plans including the launch of a recliner line.

Full-year order intake at ScS almost matched 2019/20 trading as demand at the upholstery and flooring retailer oscillated with the opening and closing of its stores amid coronavirus restrictions.

New department store concessions have helped upholstery vertical Sofa.com expand its physical footprint despite the closures of standalone branches.

The collaboration with sofa market leader DFS continued to be the jewel in the crown of British lifestyle retailer Joules' licensing programme last year, with it also making inroads into home goods thanks to M&A activity.

West Yorkshire adjustable furniture and mobility aids manufacturer Drive DeVillbiss Healthcare reported lower sales last year as sales to the retail sector were adversely impacted by the pandemic.

Employees of Lebus, one of the largest sofa makers in the U.K., now own 100 percent of the Lincolnshire manufacturer after its shareholders decided to sell the business.

Sales and profits declined at Brighouse fabrics supplier Mobus last year but the company said it is well placed to prosper amid a changing landscape in the upholstery sector.

The debt repayment schedule agreed with creditors of Celebrity Motion Furniture is progressing as planned as the rise and recline chair maker continues to emerge from the problems of former associated companies.

Upholstery retailer Sofology will next weekend open its fourth new store this year as it accelerates its overall plan to launch double-digit store numbers across the entirety of 2021.

Upholstered furniture manufacturer Whitemeadow has hosted its first external Open Day as it looks to attract a new generation of home grown talent into the industry.

The CEO of Sofa Brands International (SBI) says the upholstery manufacturing group has seen a strong and sustained bounce back since the end of the first lockdown last year.

The growth in sofa shipments to the U.K. slowed in the spring as retailers came closer to unwinding late 2020 orders and were left with only digital sales channels to replenish them.

Lower operating costs helped West London upholstery manufacturer and retailer The Sofa & Chair Company narrow losses last year despite the pandemic impacting sales.

The southern Italian sofa manufacturer behind the Digiò Leather Sofas brand will launch a new upholstery programme here next week as it looks to build on rapid growth following its reintroduction to the U.K. market last year.

A showroom on Tottenham Court Road has doubled the number of Noble Souls stores in London as brand owner Timothy Oulton continues its worldwide expansion strategy.

International trade in upholstered furniture ticked up last year despite Covid-19 wreaking havoc through the supply chain, limiting the ability for manufacturers to produce and retailers to open stores.

Sofa fabrics supplier Mobus has paid tribute to md Ian Bostock following his decision to retire, saying he made a huge contribution and that it will look to build on his legacy.

Ships rammed front-to-back with upholstery landed on U.K. shores in the first four months of 2021 with imports up 43 percent year-on-year and 10 percent on a more comparable two-year basis.

The soft furnishings supplier behind the ILiv brand found margin expansion as it mitigated the impact of a double-digit pandemic-influenced fall in sales last year.

Pent up demand meant comparable orders almost doubled for DFS as the retailer emerged from lockdown, with online business remaining high but returning closer to pre-Covid levels.

Demand continues to be high despite supply chain constraints according to the md of Lebus Upholstery, one of the U.K.'s largest sofa manufacturers.

The U.K. represents a big market opportunity for European companies as producers in the Far East are grappling even tougher supply chain issues than are being experienced here, according to upholstery producer Nicoletti Home.

Employee numbers at a small-to-medium sized upholstery producer in the North East doubled in the period leading up to and including the early months of the pandemic.

Upholstery brand Arlo & Jacob has launched a new programme called the Ready Made collection as it looks to take advantage of a surging housing market part-fuelled by the stamp duty holiday.

Higher delivered sales, a disposal and judicious cost management helped Italian upholstery conglomerate Natuzzi return to profit in the first quarter of 2021.



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