Beds, Mattresses and Bedding
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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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- BEDS & MATTRESSES
A third generation of family members has joined Ramsey Timber Group, the West Yorkshire timber component supplier to the U.K. bed industry, as it celebrates its 50th anniversary.
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- RETAIL & DISTRIBUTION
Profits declined for CareCo, the expanding retailer of mobility products including riser recliners and adjustable beds, in a period in which it invested heavily in new store and distribution assets.
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- BEDS & MATTRESSES
The value of foam and sprung mattress imports into the U.K. declined at the start of the fourth quarter as the effects of price changes began to drop away.
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- RETAIL & DISTRIBUTION
Britain's advertising watchdog has upheld a complaint regarding savings claims made in advertising by Happy Beds, the online bed retailer based in West Yorkshire.
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- BEDS & MATTRESSES
Bed maker Sleepeezee says it has made further top line gains in 2022 so far while it has also agreed new finance facilities that give it an increased liquidity buffer.
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- SUPPLY & WHOLESALE
British furniture makers' turnover growth accelerated at the start of the fourth quarter despite the uplift in exports being the weakest since February 2021.
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- BEDS & MATTRESSES
A West Yorkshire mattress company has been compelled to change its corporate name following a legal challenge by one of the U.K.'s largest bed makers.
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- LEGAL & RESTRUCTURING
The large U.K. affiliate of a South Asian distributor of bedding, quilts and other household textiles has been placed into administration after it succumbed to cashflow problems amid creditor pressure.
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- DEALS & FINANCE
The family owners of Latexco, the Belgium based maker of finished and semi-finished bedding products and components, have agreed to sell the business to a compatriot industrialist.
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- ECOMMERCE
The California company behind the Nectar mattress brand funded further U.K. growth last year ahead of a buildout of its direct-to-consumer business model into wholesale.
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- ECOMMERCE
There has been management and shareholder change at a North West England ecommerce mattress business widely hailed for its SEO credentials.
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- RETAIL & DISTRIBUTION
Bensons for Beds is remodelling one and opening a further two new stores before Christmas including a unit on the mezzanine floor at one of Natuzzi Editions' southeast showrooms.
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- BEDS & MATTRESSES
The manufacturing and import company behind the Bedmaster brand booked lower profits last year despite a rise in sales.
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- BEDS & MATTRESSES
Direct-to-consumer and wholesale mattress company Emma Sleep is being investigated by the U.K.'s antitrust regulator over concerns some of its online sales practices may have breached consumer law.
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- BEDS & MATTRESSES
Spring maker Wolf Components will assemble its pocket units utilising polymer-based glue from the start of 2023 in a move it says will deliver significant recyclability improvements.
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- BEDS & MATTRESSES
Top line growth and the benefits of earlier restructuring helped the Sweet Dreams beds and upholstery group record its smallest deficit in three years through 2021/22, new accounts show.
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- RETAIL & DISTRIBUTION
The operator of Dreams beds stores in Northern Ireland has recruited the former head of Marks and Spencer's business in Ireland as its new commercial director.
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- RETAIL & DISTRIBUTION
Ecommerce mattress and bed frame retailer Crazy Price Beds is under new ownership after surging import costs and other headwinds forced the disposal of the Midlands operation.
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- RETAIL & DISTRIBUTION
Bed market leader Dreams is to raise pay for its workforce for the second time this year and introduce a raft of new initiatives designed to support employees.
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