Sharps booked a third straight revenue gain through 2022/23 but profits were lower as the bedroom furniture vertical absorbed higher overhead including money spent encouraging customers to spend.

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.

Privately-owned carpet manufacturing giant Cormar continued to bolster its balance sheet in 2022/23 despite market demand and cost pressures.

Floorcoverings imports climbed in April as a first rise in six months for carpet traders helped overcome a double-digit fall in the vinyl segment.

Upholstery imports into the U.K. climbed for the second month in a row on an annual basis in April, according to HM Revenue & Customs figures released Wednesday morning.

Year-on-year turnover at the U.K. furniture factory gate climbed for the first time in six months in April in a sign that demand pressures may be cooling.

Online registration for the 2024 Bed Show is now open via the event website, organiser the National Bed Federation (NBF) has announced.

Sofa market leader DFS says profits will be about half the level of previous guidance as a consequence of a tough market and delays to deliveries because of Red Sea shipping disruption.

Man Wah, the world's largest recliner company, has revealed it made a vast increase in sales in the combined U.K., Irish and German markets in the past year as it ramped up its business with key customers.

Beaulieu International Group (B.I.G.), the diversified Belgian industrial conglomerate with interests spanning flooring to sofa fabrics, is investing €5 million transitioning to renewable energy.

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.

Buoyant Upholstery and Bentincks, the company behind the Sofa Factory brand, have a settled a conflict of interest regarding the latter's Dorset sofa.

Northern Ireland supplier Ulster Weavers returned to profit last year after saying earlier restructuring work combined with overhead repositioning had led to a strong result.

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.

An until-now unheralded bed manufacturer based in Devon has raised a large six-figure sum after issuing new preferred stock to shareholders.

Wider gross margin and higher sales helped fitted furniture vertical Hammonds maintain seven-figure profits last year despite rising operating costs.

The issue of tens of millions of pounds worth of shares vaporised past losses and transformed the balance sheet of sofa and furniture brand Swyft in the year prior to its takeover by Sleep Brands.

Designer furniture company Andreu World has opened a new flagship showroom in central London, bolstering a roster of 30 existing locations worldwide.

The West Yorkshire group behind the Komfi mattress brand found double-digit top line growth last year but profits declined as it absorbed higher costs, partly associated with factory moves.

Anti Copying In Design (ACID) has promoted Laura Newbold Breen to chief executive with longtime incumbent and co-founder Dids Macdonald OBE taking a new role with the pioneering organisation.

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.

Bed maker Sleepeezee has made another annual donation to The Children's Hospital Charity as it continues to pass on part of the money raised from sales of its Jessica mattress.

The worldwide upholstery market is forecast to return to growth in 2025 after a hard time this year, according to a new report into the sector.

Production of polyurethane (PU) foam, a major component in the manufacture of mattresses and upholstered furniture, expanded last year, despite tough end-user markets.

More furniture manufacturers than not see orders rising in the next six months as they look to recover from a recent market downturn, according to a new poll by British Furniture Manufacturers (BFM).

The Stratford-upon-Avon manufacturer behind The Little Green Sheep kids mattress brand made heavy investment through 2022/23 as it looked to build a bigger international business.

Folding beds manufacturer Jay-Be almost trebled export sales last year in a period in which it leaned in to its debt facilities to fuel growth.

Mattress and ancillary bedding products manufacturer Raskelf Group is to expand production capacity by almost a third with an extension at its West Yorkshire factory.

Tean Dallaway, CEO at the Airsprung Group, has been named president of the National Bed Federation (NBF), succeeding Vispring md Jim Gerety, who is at the end of his two-year term.

Mitch Dolloff, a 24-year veteran of Leggett & Platt (L&P) and president and CEO for the past two and a half years, has resigned with immediate effect. He will be succeeded by his predecessor.

Five major manufacturing and wholesale groups were responsible for a quarter of the U.K. upholstery market five years ago, but that has been whittled down to less than a fifth through the post-Brexit and pandemic period.

Upholstered furniture manufacturer Westbridge has started work on a new design and development hub at one of its North Wales factories.

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

There will be eight categories in the 2024 Bed Industry Awards, the National Bed Federation (NBF) has announced.

Heritage furniture brand Parker Knoll has partnered in-the-home retailer Oak Tree Mobility for the launch of an exclusive line of made-to-measure rise and recline chairs.

Kent bed manufacturer Sleepeezee has become one of the U.K.'s first companies to be granted a Royal Warrant by His Majesty King Charles III since his accession to the throne.

Upholstered furniture conglomerate giant Man Wah Holding has resolved its longstanding dispute with a U.S. component supplier regarding an alleged intellectual property infringement.

At least 15 of the wealthiest 350 individuals and families have ownership ties to the U.K. home furnishings industry, according to The Sunday Times Rich List 2024, three fewer than last year.

The upholstery group behind the AMX Design, Alstons, Ashley Manor and Alexander & James brands booked a first quarter net loss as it grappled with a challenging trading backdrop.

Upholstery volume growth helped revenue and profits advance at recliner giant Man Wah in the past year.

Revenue bounced back for northern and eastern European upholstery conglomerate Home Group in the past year as the market recovered from Russia's invasion of Ukraine.

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.

H.I.G., the U.S. investment group that has owned Silentnight since 2011, has agreed to buy historic bed manufacturer Sleepeezee, expanding its control of the U.K. beds market.

The owners of upholstered furniture manufacturer Tamarisk Designs have created a new corporate structure following ownership adjustments and management change last year.

Kitchen chain Magnet closed nearly 5 percent of its U.K. store estate in the first three months of the year as its owner continues to transform its business here.

Imports of cabinet furniture climbed for the first time in well over a year in March on the back of improved figures in all of the living, dining, bedroom and office segments. Kitchen imports remained lower.

First quarter floorcoverings imports declined as weaker figures in the carpets and wood flooring segments negated growth in vinyl.

Furniture company Swyft, best known for its sofa-in-a-box programme, says its takeover by Sleep Brands will help fund its global expansion and product diversification.

First quarter sofa and sofabed imports were marginally higher than year-earlier levels on much stronger shipments from both China and Poland, the two largest source nations. Volumes were up high single-digits.

The U.K. rollout of the all-new Tempur lineup of mattresses kept imports positive in the first quarter of 2024, else shipments would have been flat on a year-on-year basis.

Companies from the upholstery, home and office furniture, and ecommerce retail sectors have been named on The Sunday Times Best Places to Work 2024 roster.

The entrepreneurs that last year saved the Dormeo mattress brand have acquired sofa-in-a-box business Swyft Home in a transaction that further consolidates the U.K. direct-to-consumer sector.

U.K. furniture manufacturers' turnover declined for a fifth month in a row in March, representing the sharpest year-on-year decline since February 2021.

Textile floorcoverings manufacturer Belysse Group says sales declined in the first quarter of 2024 as a consequence of weaker demand in both Europe and the U.S.

Sealy U.K. has appointed former Franke U.K. and Ireland managing director Neil Clark as general manager.

Long Eaton manufacturer Conker Furniture has acquired John Sankey, Habbio and Eco Benchmade (EBL) in a strategic move it says will further its position as a premier player in the U.K. upholstery market.

The privately-owned West Yorkshire manufacturing company that owns the Bedworld retail brand booked a second straight deficit in a period that saw it reduce bank debt.

London based furniture wholesaler Qualita is to widen its product roster for U.K. customers after acquiring the wholesale operations of Centrepiece International, a small case goods supplier.

British Furniture Manufacturers (BFM) says the inaugural Furniture Component Expo (FCE) held in April was a success, with the show to return again next year.

Mlily's brand partner Manchester United might have floundered in Europe but the Chinese company behind the diversified mattress giant has had no such troubles, with bumper first quarter growth building on gains made in 2023.

The managing director of Buoyant Upholstery says demand across the industry has fallen but the sofa manufacturer is retaining its share of the market.

Embattled £14.5 million supplier behind riser recline furniture brand due high six-figure sum in previously-suffered customs duties.

Dreams has become a corporate member of The Furniture Makers' Company (TFMC), the industry charity and City of London livery company.

Profits climbed by half for Celebrity Motion Furniture through 2022/23 on continued strong demand for riser recliner chairs and margin expansion.

Upholstered furniture manufacturer Ekornes is to streamline its senior leadership team in a move that will save costs and speed up decision-making.

Bed manufacturer and retailer Warren Evans booked six-figure profits last year as it made its third gain since the return of the London based brand.

The Harrison Spinks group and Vispring were among several home and contract furnishings companies honoured in The King's Award for Enterprise 2024, announced Monday.

The upholstery conglomerate behind multiple brands including Kuka Home has reported higher profits for the third consecutive year, as revenue returned to growth.

Leggett & Platt CEO on a tough European market and opportunities for the Kayfoam business in Ireland that it acquired in 2021.

The Dewsbury company behind the Bodyease mattress and motions beds brand booked a third straight gain in 2022/23 as earlier losses were consigned to history.

Storied sofa brand John Sankey and sofa-in-a-box vendor Habbio have a new production arrangement in place after the latest insolvency afflicting a manufacturing licensing partner.

Profits at sliding storage and fitted furniture company IDS jumped by more than a third last year despite the tough market.

But Bacup trade foam and fibre fillings supplier maintains profits on lower sales costs and margin expansion.

Howden Joinery Group (Howdens) says it has made an encouraging start to 2024 with underlying sales for the £2.3 billion vertical just above flat compared with last year.

U.K. consumers are trading down according to the owner of upholstered furniture brands Stressless and IMG, handing comparatively more business to larger retailers.

Wilton Carpets booked higher profits last year with the manufacturer also committing a seven-figure sum to capital expenditure.

HMRC and a Manchester based bedding supplier face large six-figure deficits following the insolvency of a textiles supplier with a U.K. registered office in the North West of England.

Self-help measures helped Mohawk Industries find profit growth in the first quarter with the world's largest floorcoverings company believing the market has now troughed.

The private equity owner of French bed manufacturing giant Adova Group has appointed one of its longtime executives as general manager.

The allure of its brands and design archive helped Sanderson Design Group maintain profits in the past year as licensing gains offset weakness elsewhere in its business.

Revenue and adjusted profits climbed for mattress ticking conglomerate BekaertDeslee last year despite the challenging environment for its customers.

Ballymena cabinet maker and retailer Woodland Kitchens has acquired Dundee fitted furniture manufacturer JTC in a deal that creates a circa £50 million manufacturing operation.

Bed manufacturer and retailer Bensons for Beds has become the latest corporate member of The Furniture Makers' Company (TFMC), the industry charity and City of London livery.

The U.K.'s beds and mattress market has become more diluted compared with the pre-Covid period, but the leading 10 companies are still responsible for more than 50 percent of all sales.

Mark Eastwood, Conservative MP for Dewsbury and chair of the All Party Parliamentary Furniture Industry Group (APPFIG), is to officially open the inaugural Furniture Component Expo in Telford this week.

Bedroom and kitchen furniture manufacturer and retailer Ashley Ann says its results for 2022/23 are disappointing and reflect overhead and energy costs reaching their highest levels in a generation.

Mark Slater, who oversaw a redesign of the product proposition of case goods giant Howdens, has been appointed as the new chief commercial officer at Bensons for Beds.

Cabinet imports fell for a 15th month in a row on a year-on-year basis as weak living/dining figures outweighed improvement in bedroom and home office furniture.

Sofa maker Tetrad featured extensively on Channel 4's Remarkable Renovations programme last week with host George Clarke given a behind the scenes tour of its Preston factory.

Mattress imports continued to climb in the early months of 2024 thanks to an outsized impact from premium bedding producer Tempur.

Weak carpet and vinyl data depressed flooring imports in February despite a first rise in parquet shipments since last autumn.

The China International Furniture Fair (CIFF) attracted all-time high visitor and exhibitor numbers last month with organisers saying it had cemented its position as the world's largest furniture event.

Sofa imports into the U.K. climbed for the second straight month in February as goods trucked in from Poland helped make up for weaker trade with both China and Italy.

Tough trading conditions for the U.K. upholstered furniture industry last year hit the top and bottom lines at Wade Spring, a key supplier to many leading manufacturers in the sector.

But revisions mean earlier declines were not as bad as first reported, new and updated figures from the Office for National Statistics show.

Sofa design and manufacturing group TCM Living has appointed PJ Chippendale as its new chief financial officer.

Ultra high-end North Wales furniture manufacturer Silverlining maintained profits last year despite rising costs and flat sales.

Profits fell sharply for the Mobus group last year as the Clarkson Coatings business the upholstery fabrics supplier acquired in 2022 was faced with a series of challenges.

Flooring underlay and accessories supplier Interfloor has formally confirmed a series of board changes including the promotion of its HR director to managing director.

Ownership of Vispring has now yielded north of £100 million in dividend payments for the Spanish beds group that acquired the Devon bed maker back in December 2005.

Bed retailers are being urged to support the National Bed Federation's (NBF) May Be Time for a New Mattress campaign running through May in order to galvanise awareness and demand for replacement products.

The disposal of the longtime East Anglia factory site of a bedding supplier that unexpectedly closed in 2022 leaving large debts owed to creditors has landed the former owners a seven-figure windfall.

The group behind the Där Lighting, David Hunt, and J&M Parker lighting brands became employee-owned last year following an under-the-radar transaction.

Experienced industry executive Rob King has been appointed sales director at Vogue Beds Group, the East Midlands-based beds manufacturer.

Italian upholstery vertical Natuzzi has cited the U.K. market as pivotal to a plan to accelerate its worldwide strategy evolution from wholesale to retail.

Upmarket kitchen and bedroom furniture maker and retailer John Lewis of Hungerford returned to profit last year thanks to a gain on the disposal of property.

Specialist private equity firm Alteri Investors provided national bed specialist Bensons for Beds with another high seven-figure chunk of debt and equity funding last year.

Fast growth over the past decade has propelled India into one of the largest worldwide furniture markets, with the trend set to continue this year and next.

Renascent upholstery brand Maker & Son has opened a showroom in Los Angeles, the first of several planned for the U.S. market.

Quarterly insolvencies across the U.K. furniture, furnishings and floorcoverings sectors have declined for the first time since the end of 2022.

Warwick Fabrics says it has been operating in a sales environment that hasn't been conducive to increasing its selling prices to the furniture industry, which has had an impact on its own profits.

Cormar Carpet Company has appointed Paul Barratt, a longtime member of the senior leadership team at rival flooring supplier Karndean, as its chief executive officer.

Nobia, the parent company to kitchen retail chain Magnet, plans to further consolidate its U.K. manufacturing assets with its factory in Halifax to be closed and repurposed.

Relyon Beds says major customer wins and new product development have put the bed maker on the path for strong growth this year as it looks to build on progress made through 2022/23.

Direct-to-consumer cabinet furniture maker Strachan felt the impact of higher costs and lower demand last year as it slipped to its first loss on public record.

Underlying earnings doubled at the upholstery group behind the Parker Knoll, G Plan, Duresta, Collins and Hayes and Lounge Co brands last year after restructuring work yielded further progress.

Wider gross margin helped negate softer sales in a challenging market at Leeds beds maker Harrison Spinks last year.

National retailer Bensons for Beds has brought all eve mattress production in house as part of the biggest product launch for the brand since its acquisition two years ago.

The owners of expanding South West manufacturer Enchanted House Beds have created a new corporate structure to hold their combined business interests.

Linley, the ultra high-end furniture maker, retailer and interior design company, says it hopes to cut the cost of its outstanding borrowings with its bank debt almost due to be repaid.

Workers at furniture supplier Kettle's Vietnamese factory have been paid all outstanding wages after an initial delay when the plant was closed earlier this year. The sale of assets in Vietnam is also expected to raise funds for suppliers still owed money.

Cormar Carpets, the U.K.'s largest privately-owned carpet manufacturer, has augmented its delivery fleet with an investment in another ten new vehicles.

The Furniture Makers' Company has joined high-end design and joinery brand Artichoke to organise the third New Makers' Conference, taking place later this spring.

Furniture wholesaler Qualita is to launch one of Lithuania's largest upholstery producers in the U.K. and Irish markets after agreeing an exclusive distribution agreement.

North West England flooring manufacturer Penthouse Carpets says it has a solid base from which to trade through the current market and economic uncertainties after a tougher 2022/23 period.

Former Steinhoff chief executive Markus Jooste has died, a day after being handed a record fine by regulators following the accounting scandal that led to the break up of the one-time furniture conglomerate.

Nearly a dozen members of the leadership team now have skin in the game at Bensons for Beds following changes in the U.K.'s second-largest beds specialist's share structure late last year.

Duxiana, a premium-pitched Swedish bed manufacturer operating own-brand stores and supplying third-party distributors across Europe, is opening its second brand store in the U.K.

Demand declined from record highs for upholstery vertical Saxon Furniture last year ahead of the sofa maker and retailer expanding its geographic reach and investing in new product development.

Upholstery market leader DFS says full year profits will be up to £19 million lower than previously forecast after it said market order volumes had fallen to record low levels.

Ashley Home has acquired Resident, owner of Nectar Sleep, the direct-to-consumer and wholesale mattress brand with a multi-million pound U.K. business.

The former Recticel-owned East Midlands business that pours foam used to make fillings for beds and mattresses has formalised its corporate name change.

Sanderson Design Group (SDG) is to move its headquarters 13 miles east to a smaller West London building that has historic resonance and reduces its requirement for external showroom space.

A one-time £18 million turnover Scottish fitted furniture company based in Cumbernauld has succumbed to grim trading conditions and a tough demand environment.

Cabinet imports into the U.K. declined in January on the back of continued weak figures in the living/dining product segment. Kitchen shipments also fell, while bedroom and home office furniture arrivals were higher.

Kent bed manufacturer Sleepeezee has provided an all-new uniform to its employees as part a continuing commemorations of its 100-year anniversary.

The quantity of mattresses imported into the U.K. climbed for the ninth straight month as January saw a double-digit rise in volumes arriving into the country.

Cabinet furniture supplier Devonshire returned to positive cashflow last year as it cut costs and worked down stock levels amid falling output.

All flooring product categories declined as imports into the U.K. in January fell mid single-digits, but carpets outperformed both vinyl and parquet.

The rescuer of Harvey Jones paid £400,000 to acquire the business and assets of the 27-store kitchens vertical in a deal that compromises the debts of both secured and unsecured creditors.

Upholstered furniture imports trended mid single digits higher in January on the back of growth with all three of the U.K.'s major trading partners. Volumes climbed at an even faster rate.

Upholstered furniture giant Man Wah Holdings, the largest recliner manufacturer in the world, has further incentivised hundreds of employees with the launch of a share option programme.

U.K. furniture manufacturers' output declined for the third straight time in January, but the rate of decline was shallower than in each of the two preceding months.

Flooring conglomerate Victoria says it has begun deploying cash from the sale of non-core and surplus assets to buy back shares and repay debt.

The U.K. beds market declined but still outperformed all of the upholstery, cabinet and carpet markets last year according to provisional 2023 data that combines production for domestic consumption with goods brought in from abroad.

Upholstered furniture vertical Arlo & Jacob will take store numbers into double figures this year after announcing it has two new stores in the near-term pipeline.

Upholstery and furnishings group Belfield has announced the receipt of a £7.5 million investment from its two principal stakeholders: NorthEdge Capital and Virgin Money.

The Office for National Statistics (ONS) will no longer include sofabeds in the basket of goods used to calculate furniture retail price inflation every month.

The Department for Business and Trade (DBT) will set out export opportunities for the furniture industry at the inaugural Furniture Component Expo, the BFM-organised trade show launching in Telford next month.

The owners of made-to-measure cabinet maker Longpre Furniture have secured the future of the manufacturing business via a prepack administration process.



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