The estate of the once-national upholstery chain Multiyork could see a further return after lawyers landed a second six-figure sum in relation to historic disputes.

The names of the restructuring advisors handling the insolvency of retail company Bedworld Factory Shop have now been confirmed in statutory filings.

The number of furniture, flooring and furnishings industry companies filing for insolvency fell to its lowest level since 2022 in the second quarter of this year.

Logistics company Home Delivery Solutions has ceased trading and filed for insolvency after customers shifting their business elsewhere scuppered hopes of a sale.

Nabru, a pioneering ready-to-assemble sofa maker that has been selling upholstery direct to the consumer for over 20 years, has ceased trading with immediate effect.

Insolvency practitioners have fleshed out details of the restructuring of upholstery company Conker, which we first reported earlier in July.

An investment company that has over the past two decades run a slew of distressed furniture industry assets has been wound up after a successful petition by litigation funders.

An ecommerce platform bought in a Hail Mary attempt to galvanise exactly two years ago has gone through an insolvent restructure of its own, hurting creditors.

Tempur Sealy International (TSI), whose planned takeover of Mattress Firm has been challenged by the U.S. antitrust watchdog, has cited the buyout of other retailers such as Dreams as proof that competition will not be harmed by the $4 billion transaction.

Direct-to-consumer upholstery vertical Distinctive Chesterfields is trading through new ownership following the insolvency of the brand's prior operating company.

Upholstered furniture maker Conker plans to rebuild from its roots in Long Eaton amid a restructuring process that will see the privately-owned business downsize.

Control of a Cheshire fitted bedroom furniture company that booked profits of almost £1 million last year has passed to the next generation as part of a management buyout.

The restructuring of furniture and interior design retailer OKA Direct will result in the closure of its store in Edgbaston, its first store in the Midlands.

America's antitrust regulator is taking legal action to block Tempur Sealy International's proposed $4 billion takeover of Mattress Firm, the largest bedding retailer in the U.S.

Creditors voted in favour of OKA Direct's company voluntary arrangement (CVA) on Thursday as the furniture retailer took another step on the path to restructuring its business.

The founders of direct-to-consumer upholstery manufacturer Saxon Furniture have sold the company to its 79 employees ahead of their planned retirement.

Bedroom and home office furniture vertical Sharps has acquired Clever Closet, a provider of under stairs and loft storage solutions.

The owner of lighting and interior hardware retailer Dowsing & Reynolds has successfully restructured the business following a prepack administration process.

OKA has followed plans to close its U.S. business with a cost-cutting restructuring proposal that will see the furniture and interiors retailer downsize its U.K. operation as it looks to return to profit.

Channel 4 Ventures has taken an equity stake in Vinterior in a deal that promises to provide wider public exposure beyond the capital for the second hand furniture marketplace.

CEO Tracey Bamber is one of two Silentnight executives to have been appointed to the board of Sleepeezee, the bed manufacturer acquired last month by H.I.G., the longtime Silentnight owner.

The owner of a circa £7 million turnover lighting and interior hardware retailer with 70 staff is targeting a restructure after moving to get protection from creditors on Friday.

Restructuring advisors have been formally appointed to handle the insolvency of Serene Sleep Group, the beds and furniture supplier that ostensibly ceased trading earlier this spring.

The Sofa & Chair Company will have to write off a significant six-figure debt owed to it following the insolvency of a sister business that previously traded a high-end ecommerce furniture operation.

Birmingham court filing signposts potential administration for home delivery company that works with major retailers and employs over 130 staff.

The insolvent restructure of the Northamptonshire based business previously behind the Chiltern Oak Furniture brand leaves creditors nursing approaching £7 million of outstanding debt.

Liverpool furniture and home goods retailer Taskers has received the backing of key stakeholders as it progresses a restructuring process that has already seen it close one of its two large stores.

The disposal of stock looks to represent creditors' best hope of a dividend following the closure of furniture retailer Peter Green last month, with property held outside the corporate structure.

Payment processors and a mixture of mainstream banks and lenders-of-last-resort are among a slew of financial creditors caught short by the collapse of a furniture company that majored in dining tables.

Peter Green Furnishers, one of the largest single-store furniture retailers in the U.K., has ceased trading and begun the process of filing for insolvency after efforts to sell the business as a going concern failed.

Australian furniture retailer Nick Scali has made the first changes to the corporate structure of U.K. retailer Fabb Furniture following its takeover earlier this month.

Designer furniture, homeware and lifestyle retailer The Conran Shop has closed its historic store on Marylebone High Street, leaving it with ecommerce and its new Sloane Street flagship as its remaining U.K. retail presence.

A South Coast kitchens retailer that struggled to cope with a fall in demand after the Covid boom has completed an insolvent restructure.

An indoor and outdoor dining chair importer and wholesaler based near Leamington Spa has filed for insolvency, leaving creditors facing a seven-figure shortfall.

An affiliate of the company behind the and Cox & Cox businesses has sold Victoria Plum, the bathroom retailer that has historically owned a number of famous furniture brands.

Restructuring advisors say they remain in discussions regarding the sale of the business and assets of the LuxDeco ecommerce retailer that was placed into administration two months ago, but creditors looks to set to miss out regardless.

The acquisition of Sleepeezee is the latest in a series of deals that mean approaching half of the U.K.'s mattress market at wholesale is ultimately owned by U.S. companies or investors.

An investor with ties to a five-store furniture chain in the North West has added two interiors retailers to his portfolio, including a sofa retailer launched back in 2011.

Furniture suppliers who lost out when Oak Furniture House restructured just over a year ago have escaped a second hit following the closure of the successor company.

Nick Scali's entry into the U.K. market is complete after it concluded its takeover of Fabb Furniture. The Australian retailer has earmarked well over £10 million for the subsequent phases of its plan.

Stay informed. Subscriptions start from less than £2 per week:

Already a subscriber?    Sign In