Cabinet: Living, dining, bedroom, home office and kitchen furniture
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- RETAIL & DISTRIBUTION
Clicks-to-bricks cabinet retailer shortens financial reporting period by a single day for the second time in the past three months, extending its filing deadline.
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- SUPPLY & WHOLESALE
Cabinet and upholstery supplier Mark Webster Designs sold the vast majority of its stock to its largest customer two weeks ahead of the formal appointment of administrators as it sought a managed wind down of the business.
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- SUPPLY & WHOLESALE
Actona Group found top line gains as the Danish furniture conglomerate expanded its global activities through acquisitions in 2021/22.
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- TRADE & INDUSTRY
The rate of British furniture manufacturing growth climbed for the first time in three months in August, according to official data released Wednesday morning.
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- TRADE & INDUSTRY
The U.K. is the single largest importer of Brazilian furniture across all of Europe despite a decline on last year, according to new figures from a promotional organisation affiliated to the Brazilian Government.
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- REGIONAL
U.K. tax authorities face the largest shortfall after the planned permanent closure of privately-owned Leicestershire retailer Furniture Loft went awry earlier this summer.
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- SUPPLY & WHOLESALE
Furniture, mattresses and home accents distributor Gallery Direct pumped cash into stock build last year in a period where it returned to profit on vastly increased output.
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- RETAIL & DISTRIBUTION
A fast-growing wholesaler and ecommerce oak furniture retailer has the backing of one of the most prominent industry founders of the past two decades following an investment earlier this year.
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- SUPPLY & WHOLESALE
Britain's sofa and mattress makers are being landed with a new wave of price increases from across the upstream supply chain according to correspondence seen by The Furnishing Report. Some suppliers are also on allocation.
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- RETAIL & DISTRIBUTION
Retained profits at a Scottish fitted furniture vertical were wiped out last year as the company battled an outsized impact from Covid restrictions that impacted its business model.
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- RETAIL & DISTRIBUTION
High-profile furniture industry executive Suzy McMahon is leaving Sofology to take up a newly-created role at Oak Furnitureland, the U.K.'s largest hardwood furniture retailer.
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- TRADE & INDUSTRY
Furniture makers' output remained positive on a year-on-year basis during the height of the summer though growth was the weakest since lapping the start of the pandemic.
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- SUPPLY & WHOLESALE
Northern Ireland based furniture wholesaler Annaghmore Agencies recovered some of the revenue lost to the pandemic last year in a period that saw it build its inventory position.
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- RETAIL & DISTRIBUTION
A fast-emerging ecommerce furniture retailer and wholesaler booked large seven figure profits through the pandemic and ahead of external investment earlier this year.
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- UPHOLSTERY
Rising prices and increases in the value of both domestic production and imports helped the U.K. sofa market reach an all-time highest value last year, beating the previous record set in 2016.
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- SUPPLY & WHOLESALE
Furniture exports climbed in the three months to end June on the back of strong growth from the two largest buyers of U.K.-made goods.
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- ECOMMERCE
Ecommerce-led case goods retailer Top Furniture followed a breakout trading period through the pandemic with further gains in 2021/22.
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- SUPPLY & WHOLESALE
Privately-owned furniture importer and distributor Mark Webster Designs and its parent company Mark Webster Holdings have each filed a notice of intent (NOI) to appoint administrators.
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- SUPPLY & WHOLESALE
Chief financial officer promoted at £180 million ready-to-assemble furniture manufacturing conglomerate.
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- DEALS & FINANCE
A sizeable chunk of a circa £40 million U.K. cabinet furniture maker is now owned by its management team following changes in shareholdings at the private equity backed business.
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- CASE GOODS
Living, dining and bedroom wood cabinet import volumes declined double-digit in June after turning negative at the start of the second quarter.
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- ECOMMERCE
An ecommerce company that sourced and sold responsibly-sourced U.K.-made cabinet furniture that was promoted via social media channels such as Instagram has been placed into liquidation.
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- SUPPLY & WHOLESALE
Growth slowed to its weakest level in over a year for U.K. furniture manufacturers in a sign production is catching up with the backlog from earlier high demand.
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- CASE GOODS
German furniture vertical Hülsta banked bigger profits at its U.K. retail and distribution arm in 2021 despite downsizing its shop footprint part way through the year.
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- SUPPLY & WHOLESALE
A South Yorkshire based ready-to-assemble furniture maker recorded a bigger deficit in the period that led to an external furniture group acquiring a quarter of the business earlier this year.
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- SUPPLY & WHOLESALE
The London based company behind the Artisan Furniture brand recorded a fall in profits at its U.K. business in the 12 months to March 31 this year.
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- CASE GOODS
The sale of property and chasing overdrawn loan accounts has left better prospects for the creditors of a once-sizeable U.K. bedroom furniture maker, even those holding no collateral.
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- CASE GOODS
The U.K. finances of one of the trade's largest bedroom furniture companies are in better shape after its German parent company wrote off millions of pounds worth of intra-group borrowing.
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- RETAIL & DISTRIBUTION
Senior officials at bedroom and home office furniture chain Sharps retain a significant equity position in the c. £113 million turnover company following its sale by Sun European Partners late last year.
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- SUPPLY & WHOLESALE
Fewer restrictions and a less onerous lockdown helped the wholly-owned U.K. arm of French furniture brand Ligne Roset return to growth last year.
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- SUPPLY & WHOLESALE
Diversified Yorkshire cabinet group LPD saw its furniture division achieve eight figure revenue for the first time in the period leading up to a management buyout (MBO) this summer.
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- SUPPLY & WHOLESALE
The first new products since Birlea agreed a deal that sees it become the U.K. and Ireland distributor of Disney branded furniture are expected to arrive in the first week of October, its md says.
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- SUPPLY & WHOLESALE
A longtime ready-to-assemble furniture manufacturing supplier to Amazon's U.S. platform has begun listing on the Internet giant's European's equivalent as part of a pilot programme.
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- RETAIL & DISTRIBUTION
Nobilia, Europe's largest kitchen manufacturer, plans to take store numbers beyond 60 for its U.K. franchise brand with the addition of another nine new showrooms.
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- SUPPLY & WHOLESALE
The acquisition and expansion of a new warehouse and distribution facility among other investments saw Liverpool home office and workplace furniture maker Dams spend almost £6 million on capex last year.
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- SUPPLY & WHOLESALE
Higher sales and an 810 basis point gross margin swing helped the U.K. wholesale and retail arm of cabinet furniture supplier Kettle Interiors to boost profits last year.
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- SUPPLY & WHOLESALE
Rising sales and wider gross margin helped Coventry kitchen furniture manufacturer Burbidge return to profit at the EBITDA line last year and narrow its net loss at group level.
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- CASE GOODS
The volume of Chinese cabinet shipments arriving in the U.K. fell by more than a quarter according to new trade data as buyers here looked to replenish stock from European sources instead.
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- SUPPLY & WHOLESALE
Furniture factory output in the U.K. continued to run at record levels according to new May data with manufacturers racing to unwind big order books as a result of earlier demand.
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- SUPPLY & WHOLESALE
EBITDA was almost two thirds higher for Bentley Designs last year as the furniture importer deleveraged after it kept a tight rein on costs and revenue recovered, countering weaker gross margin.
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- CASE GOODS
Profits climbed three-fold for Wales based fitted kitchens, bedroom and home office manufacturer and retailer Sigma 3 last year as it more than reversed a sales decline through the first year of Covid.
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- CASE GOODS
Kitchen, bedroom and bathroom furniture giant Symphony is making a ten-figure outlay as it invests in the build out of its vast manufacturing plant in South Yorkshire.
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- SUPPLY & WHOLESALE
Lincolnshire cabinet importer and wholesaler Classic Furniture battled rising shipping costs and limited container slot availability as it booked its highest profits since 2014 last year.
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- CASE GOODS
Linley, the prestige London furniture and interiors group, says it is on a solid footing and demonstrably able to trade successfully after a year in which the structural economics of the business improved.
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- CASE GOODS
Cabinet manufacturer Wegmans Furniture Industries booked revenue up nearly a third in the first quarter driven by an even bigger improvement in Europe, where the U.K. is a key market.
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- SUPPLY & WHOLESALE
The value of U.K. furniture production remained at a historic high level in April but fell below revised record figures for the end for the first quarter.
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- SUPPLY & WHOLESALE
The company that completed an insolvent buyout of a prominent North London furniture wholesaler whose products were sold on platforms such as Wayfair has a new name.
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- DEALS & FINANCE
A North West based direct-to-consumer manufacturer and retailer of children's mattresses and bedroom furniture lists a new trading entity following the insolvency of its former operating company.
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- CASE GOODS
Restructuring advisors have outlined details of the prepack reorganisation of a circa £1 million Surrey cabinet maker while two other manufacturers—both in the made-to-measure furniture sector—have filed notices of intent to appoint administrators.
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- SUPPLY & WHOLESALE
Furniture exports out of the U.K. continued their recovery in the first quarter of 2022 but still have some distance to travel to return to historic highs.
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- SUPPLY & WHOLESALE
Henry Tadros will take over as chairman at heritage furniture maker Ercol [ercol] this summer, the Princes Risborough manufacturer has announced. He succeeds his father, Edward Tadros.
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- CASE GOODS
Surrey furniture maker moves to South Coast and rebrands while its predecessor operating company was placed into administration earlier this week.
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- DEALS & FINANCE
An online cabinet furniture retailer and wholesaler that booked seven-figure profits in its last financial year has secured external investment into the business.
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- RETAIL & DISTRIBUTION
Kitchen retailer Wren is planning to ramp up its activity in the U.S. with the opening of a second large factory and the rollout of new showrooms this year.
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- RETAIL & DISTRIBUTION
Kingfisher, parent to U.K. home improvement chain B&Q, is to start a second £300 million share buyback programme inside a year as part of plans to return excess capital to shareholders.
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- DEALS & FINANCE
The md of luxury kitchens chain Harvey Jones has led a management buyout that will see an industry return for former Silentnight chairman Adrian Fawcett.
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- SUPPLY & WHOLESALE
Cabinet imports from China fell at the end of the first quarter on a volume basis with only higher prices lifting the value of shipments arriving at British ports.
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- RETAIL & DISTRIBUTION
Kitchen maker and retailer Wren grew sales and profits by almost a third as it shrugged off the impact of three months of store closures at the beginning of the year — a period when rival DIY sheds continued to trade.
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- SUPPLY & WHOLESALE
Scandinavian dining and lounge furniture source issues clarion call for new partners.
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- DEALS & FINANCE
A U.K. ready-to-assemble cabinet furniture manufacturer that has supplied the likes of Argos for many years has divested 25 percent of the business to an East of England group with an expanding roster of interests in the furniture sector.
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- SUPPLY & WHOLESALE
The combined turnover of U.K. furniture manufacturers reached a ten-figure total in a month for the first time in history as factories continued to be busy fulfilling outstanding orders taken late 2021 and into the early weeks of this year.
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- CASE GOODS
The threat of expensive litigation threatened the future of Clive Christian Furniture ahead of a sale of the business and assets of the company earlier this spring, according to a new report.
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- TRADE & INDUSTRY
96 percent of British furniture manufacturers responding to a closely-followed trade poll said they have raised their prices in the past six months. They are also concerned regarding new order intake.
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- RETAIL & DISTRIBUTION
Clicks-to-bricks furniture and home accents retailer The Cotswold Company has strengthened its presence in the South East with the launch of a third new store inside six months.
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- CASE GOODS
A southern England maker of bespoke furniture including wardrobes, kitchens and panelling has folded a little over a year after it changed owners.
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- CASE GOODS
Trade kitchens and joinery supplier Howdens will build its depot-network this year along with refurbishing a slew of its older customer-facing U.K. properties.
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- DEALS & FINANCE
The value of the deal that saved prestige cabinetry and interiors brand Clive Christian has been disclosed publicly for the first time, along with some of the terms of the takeover.
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- CASE GOODS
The global sales director of high-end cabinetry and interiors company Clive Christian Furniture and a U.S. franchisee have combined to acquire the business and assets of the company out of administration.
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- SUPPLY & WHOLESALE
Furniture wholesaler Birlea has agreed a deal that will see it become the U.K. and Ireland distributor of Disney branded furniture and home accessory products.
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- CASE GOODS
Bedroom, home office and lounge furniture maker Strachan enjoyed a sales bounce and stronger margins last year as it recovered from the early impact of the pandemic.
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- CASE GOODS
A West Yorkshire bedroom cabinet furniture maker and the jobs of its 26 employees were saved earlier this spring after restructuring advisors brokered a prepack sale.
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- CASE GOODS
Upmarket cabinet maker and interiors company Clive Christian Furniture, bought by its management team almost three years ago, has been placed into the hands of restructuring advisors.
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- CASE GOODS
Living, dining and bedroom wood cabinet furniture imports jumped by a quarter in February driven by an increase in the value of shipments arriving at U.K. ports from Vietnam.
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- MANUFACTURING
The value of U.K. furniture manufacturers' combined turnover was the highest ever recorded in February, according to new figures from the Office for National Statistics.
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- RETAIL & DISTRIBUTION
Upmarket outdoor dining and indoor lounge furniture company Bridgman has opened a new showroom in Kent, taking its nationwide store count to six.
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- ECOMMERCE
New accounts for the company behind an Oxfordshire oak furniture ecommerce specialist suggest it enjoyed strong demand last year.
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- MANUFACTURING
BFM says U.K. furniture retailers should prepare for further price rises after its members were hit by a slew of rising input costs amid an already inflationary environment.
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- CASE GOODS
Curve Craft, a custom manufacturer of curved doors and cabinetry used in the installation of high-end kitchens, is expanding into new East Midlands premises.
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- SUPPLY & WHOLESALE
Case goods manufacturing and wholesale giant Samson Holdings reversed early pandemic losses to return to profit last year, driven by lower costs and success in its largest market.
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- CASE GOODS
West Midlands furniture wholesaler ASR Interiors has successfully won the first of two legal challenges against companies it alleged had copied its dining ranges.
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- MANUFACTURING
Letters promising further price rises have landed in British furniture makers' inboxes in recent days just as official figures indicated the worst may have passed for raw material price inflation.
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- SUPPLY & WHOLESALE
Living, dining and bedroom furniture distributor Devonshire swung back to profit last year as sales recovered strongly in the year to July 31 after falling in the early part of the pandemic.
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- RETAIL & DISTRIBUTION
National retailer Oak Furnitureland has launched its first outdoor living programme with two collections of garden furniture.
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- RETAIL & DISTRIBUTION
Revenue jumped by almost a third for bedroom cabinet maker and retailer Hammonds Furniture last year with adjusted profits almost three-times higher as it managed its growth effectively.
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- CASE GOODS
U.K. importers brought in more living, dining and bedroom wood cabinet furniture than ever before in January as shipments rose from source nations near and far.
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- MANUFACTURING
Furniture manufacturers' turnover was higher on a year-on-year basis for an eleventh straight month in January, but it was also the weakest growth recorded since March last year.
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- SUPPLY & WHOLESALE
Furniture supplier Global Home Group has appointed highly-experienced industry executive Julian Cox as commercial director, working across both its Global and Corndell business units in the U.K.
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- RETAIL & DISTRIBUTION
Bedroom and home office furniture vertical Sharps booked a big increase in profits in the period leading up to its sale from one private equity group to another.
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- CASE GOODS
Danish ready-to-assemble furniture manufacturer Tvilum has closed the U.K. sales office of its compatriot Steens business and has put new procedures in place for customers.
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- SUPPLY & WHOLESALE
Joseph Joseph Group, the contemporary housewares designer and distributor, posted record sales and profits as customers pivoted online and towards home products last year.
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- RETAIL & DISTRIBUTION
Kitchen vertical Howdens believes there is scope to grow its U.K. depot network by more than a fifth as it revealed it had doubled profits on a big leap in sales last year.
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- SUPPLY & WHOLESALE
Revenue soared to record levels at furniture manufacturing and wholesale group Actona last year as it bounced back from a blip during the early months of the pandemic.
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- SUPPLY & WHOLESALE
A fast-growing flatpack furniture and homeware importer with a co-owned ecommerce operation has acquired the former Westex Carpets factory at Cleckheaton.
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- MANUFACTURING
Input cost inflation for U.K. furniture manufacturers last month eased to its lowest level since July 2021, but remains at a historically high level.
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- DEALS & FINANCE
Kitchen giant Howden Joinery Group (Howdens) has acquired Sheridan Fabrications, a circa £30 million maker and supplier of high-end solid surface worktops.
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- CASE GOODS
The value of living, dining and bedroom wood furniture shipments into the U.K. declined for a third straight month in December, paring back full year growth in imports.
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- MANUFACTURING
Full year furniture makers' combined turnover failed to recover all the revenue lost to lockdowns as supply chain challenges hindered producers' efforts to meet demand.
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- MANUFACTURING
Privately-owned heritage manufacturer Ercol Furniture (ercol) has promoted finance director David Finch to managing director with immediate effect.
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- EVENTS
The British Furniture Manufacturers (BFM) is to organise a series of regional industry events where it hopes the furniture community will be able to network and share best practice.
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- RETAIL & DISTRIBUTION
Oak Furnitureland is launching a series of initiatives spanning a new leadership role, tree planting and furniture re-use partnerships, all of which are part of a plan to become a more environmentally responsible retailer. It has also signed up to the BRC’s Climate Action Roadmap.
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- TRADE & INDUSTRY
Uptake of Level 2 Furniture Standard Apprenticeships has snowballed amid worker shortages according to the Furniture and Interiors Education, Skills and Training Alliance (FIESTA).
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- RETAIL & DISTRIBUTION
Neville Johnson returned to profit in 2020/21 as the pandemic hastened digital adoption and cut the upmarket cabinet maker and retailer's marketing costs.
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- CASE GOODS
Diversified Yorkshire cabinet furniture maker and sheet materials supplier Decorative Panels doubled profits in 2020/21 on wider margins. Group sales were flat.
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- CASE GOODS
Cabinet furniture manufacturer Qualita has taken over production and distribution rights for Winsor Furniture's bestselling Stockholm range.
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- RETAIL & DISTRIBUTION
German furniture maker Hülsta has confirmed the permanent closure of its store in the Marylebone area of London, leaving it with two of its own retail showrooms in the U.K.
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- SUPPLY & WHOLESALE
Nobia, the Swedish kitchen conglomerate and owner of retail chain Magnet, has named XPO Logistics as the sole U.K. transport provider for all its British-based brands.
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- SUPPLY & WHOLESALE
Furniture conglomerate Lars Larsen Group booked net income of 5.14 billion Danish kroner (£581m) last year as it benefitted from both organic growth and acquisitions powering top line growth.
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- CASE GOODS
Legislators in Vietnam imposed some of the most severe Covid restrictions worldwide last year with widespread factory shutdowns, but they are yet to materially damage furniture exports to the U.K.
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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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- CASE GOODS
The chairman of Ercol Furniture (ercol), which on Wednesday night featured on the BBC's Inside The Factory programme, says the manufacturer has recovered all the sales lost to the early period of the pandemic and continued to find bottom line gains.
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- DEALS & FINANCE
Nobia, the kitchen manufacturing and retail conglomerate and owner of British kitchen chain Magnet, has agreed to buy Superfront, a Sweden-based direct-to-consumer business that already sells to U.K. buyers.
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- SUPPLY & WHOLESALE
Furniture importer and wholesaler Seconique found sales, margin and profit expansion amid unprecedented demand last year, enabling it to generate cash and deleverage ahead of schedule.
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- SUPPLY & WHOLESALE
The Stock Exchange of Hong Kong (SEoHK) has directed Samson Holding, once one of the largest suppliers of cabinet furniture to the U.K. market, to conduct a review after criticising its internal control procedures.
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- SUPPLY & WHOLESALE
North East living, dining and bedroom wholesaler Baker Furniture has moved into its new 50,000sqft distribution centre ahead of beginning to deliver goods to customers from the purpose-built facility.
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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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- RETAIL & DISTRIBUTION
The U.K.'s largest hardwood furniture retailer Oak Furnitureland will diversify its product offer with the launch of a new programme of bespoke floorcoverings across four new-format stores from Boxing Day.
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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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- 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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- DEALS & FINANCE
Furniture company Fritz Hansen has acquired Skagerak Denmark in a deal that takes the design group into the outdoor furniture market for the first time.
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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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- SUPPLY & WHOLESALE
The effect of enforced factory shutdowns across Vietnam finally outweighed high U.K. demand for its goods in October as the value of wood furniture imports fell for the first time this year.
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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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- CASE GOODS
Ready-assembled bedroom and living room furniture maker Welcome enjoyed a third straight year of double-digit sales growth in the year to March 31. Profits also increased sharply.
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- RETAIL & DISTRIBUTION
Revenue jumped by more than a third for The Cotswold Company in 2020/21 with the furniture retailer saying there has been a paradigm shift among consumers towards online shopping that it expects will continue.
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- CASE GOODS
Premium fitted kitchen, bedroom and freestanding furniture manufacturer and retailer John Lewis of Hungerford says the lease of a new property will boost production capacity.
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- RETAIL & DISTRIBUTION
Furniture retailer The Cotswold Company has opened its sixth store and its first since relaunching its brand image back in the spring.
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- ECOMMERCE
Mandated store closures gifted sales to ecommerce retailers through the early months of the pandemic but the momentum has slowed in 2021 as U.K. shoppers returned to brick-and-mortar retail environments.
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- CASE GOODS
A Staffordshire cabinet furniture manufacturer that sells custom-fit wardrobes and home office furniture ordered online is expanding into additional premises after rapid growth.
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- RETAIL & DISTRIBUTION
The new owners of bedroom and home office furniture retailer Sharps have installed a new chairman at the business following its buyout earlier this year.
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- CASE GOODS
September saw another vast quantity of Vietnamese furniture land at U.K. ports, likely reflecting large orders placed ahead of Covid-related late summer factory shutdowns in the Far East nation.
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- SUPPLY & WHOLESALE
The value of furniture made in U.K. factories in September was over £27 million higher than any other month in history according to data released Thursday by the Office for National Statistics (ONS).
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- RETAIL & DISTRIBUTION
John Lewis of Hungerford, the premium kitchen and bedroom furniture company, returned revenue close to pre-Covid levels in the year to June 30 as it reversed a 2019/20 deficit.
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- RETAIL & DISTRIBUTION
The Pine House Co, a cabinet furniture retailer based to the east of Bury St Edmunds, is to close permanently following the decision of its owners to retire after 20 years running the store.
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- SUPPLY & WHOLESALE
A leather, wood and fabric restoration product manufacturer that lists DFS, Harrods and John Lewis among its client roster has reduced its use of virgin plastic by 80 percent as part of an eco-drive to minimise its plastic packaging footprint.
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- RETAIL & DISTRIBUTION
Howden Joinery Group, the U.K.'s largest kitchen supplier, said it expects 2021 profits to be about £360 million after it continued to outperform on market tailwinds and a well managed supply chain.
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- RETAIL & DISTRIBUTION
The Swedish conglomerate behind U.K. kitchen chain Magnet saw third quarter revenue fall here on labour market issues and slow recovery in certain sectors.
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- TRADE & INDUSTRY
The British Furniture Manufacturers (BFM) has appointed an association leadership specialist as its new managing director while current incumbent Nick Garratt is to become its chairman.
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- DEALS & FINANCE
Timber and panels distributor James Latham has agreed to buy IJK Timber Group in a deal that expands the £250 million group's operations in Northern Ireland.
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- SUPPLY & WHOLESALE
The effects of late summer Covid-related factory shutdowns in Vietnam are yet to show in official data. Instead, they reveal the impact of huge living, dining and bedroom cabinet orders placed before those plants were mothballed.
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- SUPPLY & WHOLESALE
British furniture manufacturers' combined turnover rose by a quarter against strong comparatives at the height of summer as the industry battled to meet surging demand.
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- SUPPLY & WHOLESALE
Home, gift and furniture wholesaler SIL generated cash and returned to profit last year as lower costs negated the impact of a fall in turnover.
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- RETAIL & DISTRIBUTION
Direct-to-consumer brand Swyft Home is to launch into the non-upholstered living room furniture category with its first cabinet products.
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- RETAIL & DISTRIBUTION
Britain's biggest hardwood furniture retailer Oak Furnitureland generated cash and was profitable before one-time items in its first period since the business was restructured following a prepack buyout last June.
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- SUPPLY & WHOLESALE
The md of furniture importer and distributor Bentley Designs says the business continues to keep a very tight rein on costs in the face of unprecedented supply side and shipping inflationary pressures.
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- SUPPLY & WHOLESALE
Furniture manufacturing activity in Vietnam is expected to increase after the Government signalled its intent to ease restrictions amid an intention to move away from its zero-Covid strategy.
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- ECOMMERCE
Midlands based ecommerce dining furniture retailer achieves net margin north of 20 percent.
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- BEDS & MATTRESSES
Sales more than doubled for manufacturer and retailer Get Laid Beds in 2020/21, making it one of the largest ecommerce players in the sector. Profits also jumped sharply.
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- SUPPLY & WHOLESALE
Wider gross margin and lower administrative costs negated the impact of lower revenue for furniture wholesaler Annaghmore Agencies in the year to December 31, 2020. Cashflow was strongly positive.
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- SUPPLY & WHOLESALE
Dan-Form, the Danish dining furniture manufacturer known for its bentwood chairs, plans to consolidate distribution with the build of a new warehouse.
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- SUPPLY & WHOLESALE
Record levels of furniture are being despatched out of British factories but nowhere near enough to satisfy demand and bring lead times down to historical norms.
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