Beds, Mattresses and Bedding
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- SUPPLY & WHOLESALE
The Vita Group says it has doubled staff headcount and increased production four-fold at the foam manufacturing plant it acquired from sofa maker Natuzzi in the two years since the takeover was announced.
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- COMMUNITY
Kent bed maker Sleepeezee has taken the total amount it has donated to The Children's Hospital Charity into six figures with its latest annual contribution.
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- BEDS & MATTRESSES
A debt owed to mattress retailer Dormeo U.K. by a co-controlled entity increased by a seven-figure sum in the period leading up to that company calling in restructuring advisors last month.
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- RETAIL & DISTRIBUTION
Mattress Online maintained margin and seven-figure profits through 2021/22 as it adjusted to what its CEO called an "anticipated change to consumer spending behaviour as the U.K. retail market settles into a post-lockdown world."
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- BEDS & MATTRESSES
The Chinese conglomerate behind the Mlily mattress and bedding brand says it was profitable again in 2022 thanks to manufacturing efficiencies and an improved situation in Europe following the pandemic.
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- BEDS & MATTRESSES
Mattress supplier Dormeo U.K. is on the verge of completing a restructuring process after it filed a notice of intent to appoint an administrator (NOI) late last week.
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- BEDS & MATTRESSES
Lawyers acting for two emerging mattress brands will go head-to-head in a U.K. court hearing next month as they look to resolve a branding disagreement.
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- BEDS & MATTRESSES
The value of foam and sprung mattress imports into the U.K. was close to flat in December after an increase in the value and volume of goods crossing the Irish Sea compensated for weakness elsewhere.
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- BEDS & MATTRESSES
A deal to sell Sleep.8, the international bed retail brand that has been rapidly expanding its store footprint in the U.K. and other markets, is almost complete.
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- RETAIL & DISTRIBUTION
The CEO of Tempur Sealy International says the bedding conglomerate will continue to look at acquisition opportunities, citing the takeover of Dreams as an example of when the stars eventually aligned after years of talks.
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- SUPPLY & WHOLESALE
U.K. furniture makers' turnover declined on an annual basis for the first time in almost two years in December as weak demand through the autumn impacted production at the end of the year.
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- BEDS & MATTRESSES
Mattress and bedding brand Tempur brand will take its products to a wider profile of customer as it undertakes the largest international rollout in the company's history through 2023.
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- BEDS & MATTRESSES
Kent bed maker Sleepeezee has diversified its product roster with the launch of a premium-pitched bedding line in partnership with Sleepsense International, the sleep accessories company.
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- BEDS & MATTRESSES
Bed retailer MattressNextDay has begun selling Tempur branded goods for the first time as it embarks on a 2023 expansion programme, the South East ecommerce-led company has announced.
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- BEDS & MATTRESSES
Leggett & Platt, the largest supplier of mattress springs to the U.K. bed industry and a bellwether for the sector, says European markets are now more secure after a rocky period when volumes declined last year.
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- BEDS & MATTRESSES
An already-closed Edinburgh mattress retail company has been temporarily prevented from being struck off from the company register following an objection.
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- BEDS & MATTRESSES
Yorkshire mattress springs and bed components manufacturer Spinks has secured an internationally-renowned accreditation for its pocket spring products.
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- RETAIL & DISTRIBUTION
HSL has appointed Venessa Hodgson as managing director designate following the departure of CEO Guy Critchlow, who has left after over six years with the furniture vertical.
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- RETAIL & DISTRIBUTION
The Very Group has launched hundreds of new home SKUs at entry-level prices as part of a wider expansion of its Everyday own brand collection originally introduced in the summer of last year.
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- RETAIL & DISTRIBUTION
National beds and mattress retailer Bensons for Beds said it achieved high single-digit underlying sales growth in the final quarter of last year with post Boxing Day sales maintaining pre-Christmas momentum.
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- RETAIL & DISTRIBUTION
A South Wales based direct-to-consumer brand selling riser recline chairs, adjustable beds and other mobility aids online and from a regional store network has called in restructuring advisors and ceased trading.
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- BEDS & MATTRESSES
Most bed makers who responded to the National Bed Federation's (NBF) latest State of Trade poll said a lack of orders is the biggest factor likely to limit output in the first half of 2023 with many supply chain challenges having now abated.
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- RETAIL & DISTRIBUTION
Dreams has appointed former DFS executive Emma Long as chief customer officer with the beds market leader also hiring its first ever head of people.
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- BEDS & MATTRESSES
Martin Gill, the new managing director of Vispring, will continue to run the high-end bed maker's co-owned sister retail business, whose sales director is to have elevated responsibilities to provide support.
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- BEDS & MATTRESSES
Jim Gerety is to retire as managing director at Vispring, the Devon bed manufacturer has announced. Operations director Chris Harrison is also retiring.
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- LEGAL & RESTRUCTURING
Studio Moderna Brands International, a U.K. company controlled by the mainland European group that also owns mattress and bedding brands such as Dormeo and Octaspring, has been placed into administration.
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- BEDS & MATTRESSES
The value of mattress imports jumped by nearly a third in November as volume growth also returned for the first time since the summer of last year.
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- SUPPLY & WHOLESALE
U.K. furniture manufacturing turnover rose at below-inflation levels for a third straight month in November according to data out Friday morning.
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- TRADE & INDUSTRY
Most furniture makers plan to make pay awards to staff this year according to the annual wages survey carried out by British Furniture Manufacturers (BFM), the trade association.
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- BEDS & MATTRESSES
The National Bed Federation (NBF) has launched this year's free multi-media marketing toolkit for bed retailers to download ahead of National Bed Month in March.
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- BEDS & MATTRESSES
Airsprung says it is in the process of financially leveraging surplus land and buildings owned by the diversified beds and upholstery group at its Wiltshire headquarters.
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- BEDS & MATTRESSES
Ecommerce-led beds retailer MattressNextDay recorded seven-figure profits for the second straight year in the lead up to a major investment in distribution and fulfilment, new figures reveal.
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- BEDS & MATTRESSES
The principal U.K. subsidiary of global mattress innerspring maker Leggett & Platt (L&P) benefitted from higher sales and lower costs as it landed bumper profits, new accounts show.
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- BEDS & MATTRESSES
The disposal and closure of one of its Kent stores helped bed retail chain Hamseys Sleep Centres cut bank borrowing and boost working capital last year.
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- SUPPLY & WHOLESALE
Living, dining and bedroom wholesaler Balmoral Furniture booked higher profits last year as revenue increased and margin widened as a result of fewer restrictions.
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- BEDS & MATTRESSES
Adjusted profits inched forward at West Yorkshire mattress manufacturer Highgrove Beds last year as single-digit sales growth and wider gross margin countered rising overheads.
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- RETAIL & DISTRIBUTION
The group behind regional beds retail chain Mattressman continued to build its financial position through 2021/22 as it closed in on the final year of a company voluntary arrangement (CVA) agreed with creditors nearly five years ago.
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- SUPPLY & WHOLESALE
The outlook for foam availability and pricing will be pegged to three main pillars through 2023, according to the trade association representing suppliers of polyurethane slabstocks used by the mattress and upholstery industry.
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- DEALS & FINANCE
The rescue of Crazy Price Beds last month secures the future of all sites and jobs at the Staffordshire company, restructuring advisors have now confirmed.
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- BEDS & MATTRESSES
A serial buyer of fashion and furniture retail companies has been confirmed as the new owner of ecommerce mattress and bed base retailer Crazy Price Beds in a deal brokered by restructuring advisors.
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