Beds, Mattresses and Bedding
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- BEDS & MATTRESSES
Foam and sprung mattress imports have climbed for the first time since the early summer according to new figures, ending a five-month stretch of year-on-year declines.
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- EVENTS
Invite-only trade exhibition BFM Fabric Show London 2022 will take place at a new venue, the ILEC Conference Centre near Earls Court, when it returns this spring.
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- BEDS & MATTRESSES
Shareholders at Simba Sleep have backed plans to balance purpose with profits as the direct-to-consumer and wholesale company looks to put its commitment to sustainability alongside financial reward.
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- SUPPLY & WHOLESALE
U.K. furniture manufacturers' combined turnover climbed for the ninth month straight in November, new figures released Friday morning show.
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- BEDS & MATTRESSES
Strong post-lockdown demand and unwinding its large order backlog last year put Tempur U.K. on track to recover sales lost to the early months of the pandemic.
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- BEDS & MATTRESSES
Kent bed maker Sleepeezee has taken centre state in a mini-documentary as part of a new TV campaign from the joint Natwest and ITV Backing Business Initiative.
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- BEDS & MATTRESSES
The National Bed Federation (NBF) is calling on bed manufacturers and retailers to support its annual National Bed Month awareness campaign, and is providing a range of multi-media tools to enable them to do so.
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- BEDS & MATTRESSES
Legislators have criticised a leading accountancy body after it confirmed the £13 million fine handed to KPMG for its conduct in the sale of Silentnight a decade ago will not be used to compensate pensioners impacted by its insolvent restructure.
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- BEDS & MATTRESSES
Just one in 20 consumers is unsatisfied with the comfort and quality of their just-purchased mattress, according to the latest National Bed Federation (NBF) biannual consumer survey.
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- BEDS & MATTRESSES
Liquidators finalising the affairs of a mattress company that filed for bankruptcy late 2020 owing millions to creditors say a number of matters warrant further investigation.
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- DEALS & FINANCE
Recticel shareholders have green-lighted the disposal of the company's mattress division to Aquinos, the Portuguese upholstery and bedding manufacturing conglomerate.
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- RETAIL & DISTRIBUTION
A successful project reorganising and galvanising the delivery operations of a prominent bed retailer has led to the launch of a new large-parcel one-man furniture delivery business called Solo Home Delivery.
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- BEDS & MATTRESSES
Yorkshire mattress maker Highgrove Beds said the global increase in raw material costs eroded gross margin last year but it still posted class-leading profits and further built its cash pile.
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- RETAIL & DISTRIBUTION
Store sales halved for retail chain Mattressman in the year to end March but it still managed to find double-digit growth as its customers pivoted online. Profits climbed sharply.
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- RETAIL & DISTRIBUTION
The rebuild of Feather & Black's store footprint has gathered pace with two new showrooms opening this past weekend to double the size of the bedroom retailer's physical estate.
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- BEDS & MATTRESSES
The CEO of Tempur Sealy International's longtime Sealy Australia, Asia-Pacific and now U.K. joint venture partner is one of two new senior independent board members at the world's biggest bedding company.
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- SUPPLY & WHOLESALE
Moffett and Sons, the company behind the diversified upholstery, bed and cabinet manufacturer and wholesaler Balmoral Furniture, says it is on target to return to growth in 2021/22 after seeing sales and profits fall in the past year.
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- TRADE & INDUSTRY
SATRA, the research and testing organisation, has appointed Tristine Hargreaves to lead its furniture and flooring section as divisional manager. It also announced a new tie-up to provide services to the National Bed Federation (NBF).
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- BEDS & MATTRESSES
Wolf Components, the South Yorkshire pocket spring maker started three years ago by two former Leggett & Platt executives, almost doubled sales in the past year and says it is on target to deliver again in 2021/22.
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- MANUFACTURING
A lack of skilled workers has forced furniture production wages higher, according to the British Furniture Manufacturers (BFM), the industry trade association.
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- UPHOLSTERY
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.
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- MANUFACTURING
Foam and industrials group Greiner is for now pressing ahead with plans to acquire what will remain of Recticel even though the Belgian company has agreed deals to dispose of two sizeable chunks of its business.
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- MANUFACTURING
The price of raw materials and inputs used in the production of furniture rose to another record level in November according to new figures from the Office for National Statistics (ONS).
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- BEDS & MATTRESSES
Foam and sprung mattress imports fell for the fourth straight month on an annual basis at the start of the final quarter of 2021, according to HM Revenue & Customs figures.
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- BEDS & MATTRESSES
Tempur Sealy International, the world's largest bedding company, has increased the authorisation under its share repurchase programme to a total of $1.5 billion (£1.14bn), it announced Monday.
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- BEDS & MATTRESSES
Buckinghamshire bed maker Hypnos says a three-month programme of recruitment and factory investments has helped boost mattress capacity by 50 percent as it looks to satisfy retailer demand for its goods.
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- RETAIL & DISTRIBUTION
Direct-to-consumer mattress and ancillary products company Eve Sleep said it managed to grow ecommerce revenue through November despite lapping difficult comparatives from last year.
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- BEDS & MATTRESSES
Retailer Mattress Online was last week named 2021 Large Business of the Year at the Sheffield Business Awards at a black tie event held in the South Yorkshire city.
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- SUPPLY & WHOLESALE
British furniture manufacturers' combined turnover rose on an annual basis for an eleventh month straight in October, but fell against pre-Covid levels.
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- RETAIL & DISTRIBUTION
Profits and cash climbed for the group behind adjustable beds and riser recline chair brand Willowbrook in 2020/21 ahead of its disposal to a venture capital and private equity group.
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- RETAIL & DISTRIBUTION
Bed retailer Dreams has appointed Jo Martin as chief marketing officer and promoted Kal Singh to chief operating officer. Both will report directly to Jonathan Hirst, who takes over as CEO from Mike Logue on January 1.
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- ECOMMERCE
The company behind the Slumber Slumber online beds and bedding business and prominent independent department stores in Northern Ireland and Wales found profit growth despite lower sales in the past year.
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- SUPPLY & WHOLESALE
Recticel has entered into a binding agreement to sell its Engineered Foam unit to Carpenter Company after shareholders yesterday backed the disposal of the division for €656 million.
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- RETAIL & DISTRIBUTION
Adjustable furniture and mobility products retailer CareCo has acquired a warehouse near Leeds that will support its showroom rollout as it builds a national presence.
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- BEDS & MATTRESSES
The rebuild and reconfiguration of the Bensons for Beds national store portfolio will gather pace with eight new and relocated stores to open by the end of this year and a further 35 units through 2022.
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- BEDS & MATTRESSES
Bed components company Spinks has appointed Emma Davidson as commercial director. Her duties include overseeing a just-launched distribution centre facility that will free up additional manufacturing capacity.
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- BEDS & MATTRESSES
Optimism is building among U.K. bed manufacturers as future sentiment regarding demand outweighs concerns over input costs and the availability of labour.
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- BEDS & MATTRESSES
Profits dropped by a third for West Yorkshire mattress manufacturer Dura Beds in 2019/20 on lower sales and rising costs.
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- BEDS & MATTRESSES
Airsprung Group was cash generative and boosted profitability in 2020/21 on the successful execution of a limited restructuring programme designed to "better align the needs of the business to the new reality."
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- BEDS & MATTRESSES
Mattress, components and bed fillings group Harrison Spinks says it is looking to hire 40 new workers in response to high demand for its products.
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