Privately-owned sofa maker and furniture importer Mark Webster Designs recorded a 2016–17 loss as changes in exchange rates impacted margins.

Earnings fell despite higher sales at cabinet maker Welcome Furniture in the year that saw the business complete a partial MBO following the retirement of one of its co-founders.

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Kingstown profits declined on narrower margins and higher costs
Input cost pressures impacted profits at Hull furniture maker Kingstown in 2016–17 while new product introductions helped offset the loss of a key customer.

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Average wages across the furniture sector have risen by 4.1 percent
UK furniture makers' payroll costs are escalating as skill shortages force pay rates higher, according to new research by BFM.

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Muuto generates sales equivalent to around £56m
Furniture, lighting and accents brand Muuto, whose products are available in the UK from design retailers such as Skandium and Nest, is to be sold to U.S. headquartered Knoll, Inc.

Li & Fung, the global middleman for manufacturers and giant retailers, has agreed to sell its furniture-included products division for $1.1 billion (£818m).

Sales dipped at the specialist beds and upholstery group behind the Ashley Anderson brand in the year to end February though it maintained double-digit pretax margins.

Ocee International, owner of furniture brands Ocee Design and Four Design, has acquired Gloucestershire seating manufacturer Race Furniture.

Anti Copying in Design (ACID), the membership and campaigning organisation, is to host a seminar for furniture makers and suppliers at next month's January Furniture Show.

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Though sofa maker Westbridge and Duflex — maker of mattresses for IKEA and Eve — Belfield is a major player in home furnishings
The NorthEdge Capital backed MBO at the Belfield Furnishings group was the most significant home furnishings deal of 2016. New accounts give up some of the detail for the first time.

The Competition and Markets Authority has cleared the takeover of window dressings and carpet company Hillarys by global furnishings conglomerate Hunter Douglas.

Polish case goods giant Forte Furniture gained sales at a faster pace in the third quarter, bringing year-to-date revenue positive for the first time this year.

Walker Greenbank has elected not to appoint a direct replacement for brand director Fiona Holmes, instead creating a new general manager, brands position below board level.

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Daniel Sugrue relaces Phil Spademan, who is joining Siren
Furniture maker Ercol has named its new sales and marketing director following the departure of Philip Spademan to Siren Furniture. It has appointed Daniel Sugrue to the position.

A Nottingham furniture maker with historic sales of around £6 million a year has ceased trading after being placed into administration.

Change at the top at ready-to-assemble furniture maker

Manchester soft furnishings supplier Evans Textiles has bought bedding distributor Bedmaker Textiles for undisclosed terms.

The owner of the Zoffany and Harlequin brands says profits will be lower than forecast after UK brand sales took a downward turn in the past month.

Beds and sofa maker Sweet Dreams has named former Joynson Holland, Elano and Steinhoff executive Brian Levitt as key accounts manager for its upholstery division.

Ena Shaw narrowed losses as it exited unprofitable concessions for its Montgomery brand in the year to January 28, 2017.

Foam giant Recticel cautioned that it doesn't yet know the financial impact of the foam supply issue that beset the industry last month, but said that it doesn't expect to lose out.

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Follows liquidation of living, dining and bedroom cabinet maker last month.

Profits fell 58 percent as large South East flooring wholesaler STS Distributors posted lower sales in the year to end December.

Chinese sofa maker Man Wah Holdings says the rising strength of China's renminbi currency is behind a forecast fall in half-year profits.

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Heritage furniture maker Ercol has hired a contract sales manager and a European sales manager as it looks to build out beyond its 'bread and butter' UK business.

Ercol chairman Edward Tadros has paid tribute to outgoing sales and marketing director Philip Spademan, and says the company has begun the process of finding a replacement.

Investment escalated at furniture, home décor and mattress supplier Gallery Direct last year, as the group built infrastructure in the UK and overseas.

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The administrator of Somerset case goods distributor Charltons Furniture says he has completed a deal to sell selected assets to the company behind the Nathan business.

Lincolnshire case goods distributor Classic Furniture has agreed a £2.7 million funding package it hopes will open the door to market expansion in the year ahead.

Britain's competition regulator is inviting comment on the £300 million deal that saw blinds and carpets company Hillarys sold to global conglomerate Hunter Douglas.

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Sales fell and losses widened but UK furniture distributor Willis & Gambier ended 2016 with an extra £7.2 million in cash sitting on its balance sheet.

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FURNITURE distributor Baker grew sales double-digit in 2016–17 but said profits took a hit from currency exchange as the company absorbed higher costs.

HIGH-end French furniture brand Roche Bobois posted lower profits at its main UK subsidiary last year despite flat sales and a small increase in orders.

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DANISH furniture maker Carl Hansen & Son has acquired the business and intellectual property of compatriot manufacturer Søborg Møbler.

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KINGS Cross will be the new home for Tom Dixon with the furniture, home and design brand announcing plans to move to the new Coal Drops Yard retail quarter.

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WEST Elm will launch a wholesale operation in Ireland after agreeing to open a branded shop-in-shop at Arnotts, Ireland's oldest department store retailer.

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MIDLANDS furniture wholesaler Serene Furnishings has launched a lighting division as it continues to diversify the breadth of its product offer.

INSOLVENCY outfit Leonard Curtis installed Monday

CABINET maker and distributor Devonshire Pine & Oak has reshuffled its management team, hiring two new executives and giving commercial director Andy Waddell a new brief.

FRENCH furniture retail and wholesale group Cafom has acquired compatriot home furnishings brand SIA Home Fashion and has plans to closely integrate it with its Habitat retail chain.



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