bespOakVancouverFurniture supplier Besp-Oak posted strong 2013–14 earnings growth as it made the most of rising wholesale demand.

rocketInternetHQOne of the investors fuelling the rapid growth of furniture ecommerce firms Westwing and Home24 is targeting a €590m (£440m) fund raise through a rights issue.

sofaComPrivate equity company CBPE has acquired a majority stake in the multichannel upholstery retailer Sofa.com.

carpetsWholesaleWholesale giant Headlam has added one the country’s largest remaining independent carpet distributors to its growing roster of businesses in a deal worth £2m.

The co-founders of Dutch furniture and lighting firm Moooi have regained total control of the company after acquiring the stake held by Italian design brand B&B Italia.

JulianBowenA 130 basis point gross margin improvement helped profits rise at Midlands furniture wholesaler Julian Bowen in the year to end June.

monoqiHome furnishings, design and lifestyle retailer Monoqi has acquired assets belonging to MyDeco, the heavily backed UK based Internet venture.

philGreenBHSTakeover interest in furniture-to-fashion business BHS has prompted its owner Sir Philip Green to consider selling the retail chain, according to press reports.

scsOldSofa and carpets chain ScS has confirmed its return to the stock market in a move that values the retailer at around £70m.

British independent flooring retailers ended 2014 on a high to help wholesale giant Headlam offset weakness abroad last year.

Sofa retailer DFS is close to a return to the stock market with its private equity owner Advent International hoping to achieve a valuation approaching £1bn.

Privately owned Midlands furniture distributors Serene and Carlton have each made senior sales appointments in the past month.

Mohawk, the US headquartered flooring conglomerate, has added Belgium based IVC Group to its portfolio in a deal worth $1.2bn, around £790m.

Furniture distributor TCS — The Complete Service — is launching into the carpets and flooring sector and has invested in machinery and product to enable fast delivery.

VictoriaWhitestoneCarpets and flooring manufacturer and distributor Victoria has agreed to buy the Whitestone Weavers group from its private shareholders in a deal worth up to £14m.

Investors have pumped another €25m into fast growing ecommerce retailer Westwing, the Germany based home and living website.

Midlands wholesaler Serene has expanded its warehousing again ahead of the launch of its new Living programme later this month.

seconiqueFurniture importer and wholesaler Seconique ended five years of falling sales at its main trading subsidiary in the year to end June.

North East distributor Baker Furniture says it expects profits to return to 2010–12 levels after it booked more orders in the year to end March and beyond.

Home improvement giant Kingfisher has sold a controlling stake in its B&Q China operation to one of Asia’s largest chain store retailers.

designers-guild-krProfits doubled at luxury home fashion brand Designers Guild ahead of its move into a new 80,000sqft West London DC this summer.

alan-white-agentWest Midlands distributor Serene Furnishings has appointed Alan White to represent its Serene Beds and Serene Living brands in Scotland.

vida-living-dundalk-extIreland’s largest furniture wholesale and distribution business is relaunching as VIDA Living and making a seven-figure investment in its UK operation.

Harveys and Bensons for Beds owner Steinhoff is to enter the fashion market after agreeing to acquire one of the largest non-food retailers in the Southern Hemisphere.



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