More detailed terms of the buyout of highly-profitable clicks-to-bricks furniture retailer Loaf have been disclosed for the first time following an investment by Blue Coast Capital last year.

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.

A privately-owned bedroom furniture manufacturer is to restructure its debts after it agreed a company voluntary arrangement (CVA) with its largest creditor.

Made.com ran up more than £1 million in professional fees payable to lawyers and restructuring advisors in the weeks leading up to it being placed into administration.

Restructuring advisors plan to carve out and find a new owner for Trouva, the online trading platform acquired by Made.com (Made) back in the summer.

Preferential and secured claims from U.K. tax authorities and lender Silicon Valley Bank are expected to be repaid in full following the collapse of Made.com, but other creditors face a significant shortfall on the amounts owed to them.

Furniture and home retailer The Garden Trading Company together with its parent company Joules Group were both officially placed into the hands of restructuring advisors on Wednesday afternoon.

U.K. sofa and bed makers will continue to be able to buy foam from three major sources after the regulator here agreed Carpenter could buy Recticel's engineered foam unit, but only if the bulk of the British business is sold.

Made.com (Made) administrator PwC has instructed John Pye Auctions to sell the entirety of the fallen furniture, lighting and homeware retailer's unsold U.K. stock.

The Halo Creative & Design group acquired a stake in a second British sofa maker last year as it bolstered its U.K. upholstery manufacturing credentials, new filings reveal.

Almost 70 percent of the employees of furniture retailer Made.com (Made) have left the company following the appointment of administrators on Tuesday, restructuring advisors have said.

General merchandise retail giant Next has won the race to acquire the Made.com (Made) brand after it outbid rivals to complete an asset-only purchase with restructuring advisors.

Longtime md Simon Blackley has led a management buyout (MBO) of John Spencer (Textiles) and Ian Mankin, the two subsidiaries of weaving and fabrics group Ashfield Mill Company.

Ning Li will not be buying back Made.com (Made) after restructuring advisors rejected his offer to acquire the business he founded back in 2010.

There were seven bidders in the frame for the historic Sofa Workshop brand ahead of its sale earlier this year, restructuring advisors have said in a new report.

Fashion-to-furnishings retail giant Next is said to have bid to acquire the intellectual property of Made.com, the embattled furniture and lighting retailer.

The disposal and closure of the last remaining Tudor Williams store earlier this year yielded a high six-figure sum for its former owner, and followed an earlier £3.5 million property deal.

The Spanish conglomerate that owns British bed brands Vispring and And So To Bed has added to its roster of upmarket European mattress interests.

Made.com founder Ning Li has incorporated a new furniture retail company with restructuring advisors poised to complete an asset-only sale of the business he launched more than a decade ago.

Upholstery fabrics group Mobus has acquired Clarkson Textiles, a key processor and supplier of flame retardant treatments to the furnishing and allied markets.

Furniture and lighting retailer Made.com (Made) has filed a notice of intent to appoint administrators (NOI) in a move that places a ring of protection around the business and shields it from creditor action.

Restructuring advisors say multi-million pound filled bedding supplier Norfolk Feather is yet to formally enter insolvency despite the reported closure of its business earlier this month.

The historic Derbyshire store of the hitherto highly-regarded independent furniture retailer Eyres of Chesterfield was sold ahead of the business permanently closing its doors earlier this year.

Furniture and lighting retailer Made.com Group (Made) says its trading arm has temporarily suspended new customer orders following the collapse of sale talks on Tuesday.

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.

The North West company behind the Luxury Rattan outdoor furniture brand has filed for insolvency just over a year after it booked a net gain of almost £1 million.

Flooring supplier Victoria has acquired International Wholesale Tile (IWT), a Florida based tile, natural stone and LVT distributor, in a deal worth $28.5 million (£24.9m).

Eve Sleep will live on as a standalone brand after Bensons for Beds acquired the direct-to-consumer company's intellectual property following the appointment of administrators at midday on Monday.

Direct-to-consumer mattress and sleep products company Eve Sleep was placed into administration at midday Monday after hopes for a solvent solution or fresh equity funding evaporated.

More than a dozen suppliers face sizeable five-figure shortfalls from the closure of one of the country's largest suppliers of furniture packages to property investors, landlords, developers and home owners.

Embattled furniture retailer Made.com Group (Made) is targeting firm offers for the company by the end of October and says potential bidders have been made aware that it will require interim financing in light of dwindling liquidity.

The sale of the Usleep mattress division to the Vita Group helped Westbridge owner Belfield to deleverage last year with it eliminating all outstanding bank debt and shareholder loans.

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.

U.K. listed textiles group says part of its German-based operations has struggled as a result of weak consumer confidence.

XXXLutz Group, one of the three largest furniture retail groups in the world, is to buy pan-European ecommerce home and living retailer Home24 in a deal that has the backing of the target company's management and major shareholders.

Restructuring advisors are trying to unpick the situation at £25 million sofa brand Maker&Son after the trading company behind the business was placed into administration earlier this week.

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.

The third quarter of 2022 saw more than twice the number of furniture and furnishings companies call in restructuring advisors compared with the same period last year.

A historic North West mattress ticking and upholstery fabrics wholesaler has been placed into the hands of restructuring advisors after weeks spent trying to restructure the company.

More than 50 jobs have been lost after a privately-owned mattress manufacturer folded earlier this month leaving debts of a little over £2 million.



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