Manufacturing News
- Details
- TRADE & INDUSTRY
Furniture and furnishings industry news in brief.
- Details
- UPHOLSTERY
A South Wales maker of bespoke lift and rise mechanisms used in the production of adjustable furniture has acquired the upholstery manufacturer trading as Recliners.
- Details
- BEDS & MATTRESSES
The Far East mattress and foam conglomerate behind the Mlily brand wrote down the value of its debtor book in the third quarter resulting in a loss for the period.
- Details
- UPHOLSTERY
A manufacturing company that acquired the assets of once-prominent Long Eaton sofa maker Acclaim Upholstery has folded, a little more than a year after the transaction completed.
- Details
- FLOORCOVERINGS
Major suppliers of smooth floorcoverings are among the largest creditors of International Decorative Surfaces (IDS), the diversified distributor that filed for insolvency earlier this autumn.
- Details
- UPHOLSTERY
The defined benefit pension scheme of heritage sofa covers and reupholstery business Plumbs is the largest creditor following a prepack rescue of the business last month.
- Details
- UPHOLSTERY
UK and Ireland revenue almost doubled for Stressless and IMG brand owner Ekornes in the third quarter as it lapped a weak comparative last year.
- Details
- BEDS & MATTRESSES
Casper Sleep, one of the pioneers of the bed-in-a-box movement that upended worldwide mattress markets, has been acquired by Carpenter Co, the world's largest foamer.
- Details
- UPHOLSTERY
Third quarter profits declined for the upholstery conglomerate behind the Kuka Home and Rolf Benz brands, putting it at risk of a first full year drop in earnings in the post pandemic era.
- Details
- RETAIL & DISTRIBUTION
Fitted furniture manufacturer and retailer Hammonds has refashioned its leadership team with a series of new C-Suite board roles for existing senior executives.
- Details
- BEDS & MATTRESSES
The group behind Silentnight and Sleepeezee agreed new term and revolving debt this summer as part of a financial restructuring that saw a payout for its largest shareholder.
- Details
- BEDS & MATTRESSES
Bedding product sales declined high single-digits for Leggett & Platt in the third quarter with the mattress components bellwether saying its international business dropped at an even sharper rate.
- Details
- UPHOLSTERY
A £41 million Scandinavian furniture and homeware retailer has recalled a number of Italian-made lounge chairs and sofas here because the fabric fails to meet U.K. fire regulations.
- Details
- BEDS & MATTRESSES
A Devon bed manufacturer that has long been an outspoken critic of the use of fire retardant chemicals in mattresses brought in a new shareholder as part of summer investment.
- Details
- FLOORCOVERINGS
Lower costs and lapping a nine-figure goodwill write down boosted profits at flooring conglomerate Mohawk Industries in the third quarter.
- Details
- TRADE & INDUSTRY
Upholstery and flooring industry news in brief.
- Details
- BEDS & MATTRESSES
Mattress and beds supplier Tempur has bolstered its retail footprint in the South East of England with another official brand store located in a major shopping centre.
- Details
- UPHOLSTERY
Italian sofa manufacturer and retailer Natuzzi says it will re-enter key European markets like Germany and France as part of a renewed emphasis on wholesale.
- Details
- TRADE & INDUSTRY
Furniture, bedding and furnishings industry news in brief.
- Details
- UPHOLSTERY
Pasquale Natuzzi, the founder and chairman of Natuzzi, is to buy the Italian upholstery company's High Point building in North Carolina for €12.1 million.
- Details
- TRADE & INDUSTRY
The managing director of British Furniture Manufacturers (BFM) has called on industry to act immediately on Environmental and Social Governance (ESG) amid a paradigm change in thinking among legislators and consumers.
- Details
- FLOORCOVERINGS
The company behind historic manufacturing brand Axminster Carpets has signposted three board appointments as it looks to bounce back from another loss-making period.
- Details
- CASE GOODS
Wood furniture imports declined double-digit in August on the back of a fourth straight fall in the living/dining segment and a sharp drop in the value of kitchen arrivals.
- Details
- BEDS & MATTRESSES
West Yorkshire manufacturer Dura Beds is to be the new manufacturing partner for Mammoth, the mattress and bedding products brand.
- Details
- UPHOLSTERY
Wider gross margin alleviated the impact of lower revenue last year at Whitemeadow, the U.K.'s largest privately-owned upholstered furniture producer.
- Details
- RETAIL & DISTRIBUTION
Kitchen chain Wren said it will push deeper into bedrooms through 2025 after replatforming its Howden manufacturing plant and investing in comprehensive staff training in the category.
- Details
- SUPPLY & WHOLESALE
Stakeholders in the bust Kettle Home business have written to customers outlining plans to recommence furniture wholesale operations through a new company. At the same time, unpaid suppliers have been trying to find buyers for Kettle products in transit.
- Details
- FLOORCOVERINGS
A third straight rise in vinyl flooring imports was not enough to lift the entire flooring category as weak figures in the carpets segment dragged the total down.
- Details
- SUPPLY & WHOLESALE
Ercol says order intake improved through 2023 but much of it came too late to prevent the furniture maker's bottom line taking a hit in its just-reported financial year.
- Details
- FLOORCOVERINGS
North West underlay company acquired by Victoria-owned market leader Interfloor Group.
- Details
- UPHOLSTERY
An insolvent restructure has secured the future of heritage sofa covers and reupholstery business Plumbs along with the jobs of almost all of its 240 employees.
- Details
- BEDS & MATTRESSES
Foam and sprung mattress imports into the U.K. declined for the third time in four months in August having risen throughout the January–April 2024 period on a year-on-year basis.
- Details
- BEDS & MATTRESSES
Landing the contract to supply hotel chain Premier Inn contributed to Silentnight achieving its highest sales in six years through its 2023/24 financial year.
- Details
- UPHOLSTERY
Upholstery imports into the UK climbed for the second straight month at the height of summer as buyers turned to suppliers in the Far East.
- Details
- UPHOLSTERY
Halo Group paid another six-figure sum to acquire the final 20 percent of the shares in Dudgeon Sofas, a deal first signposted in the spring of this year.
- Details
- BEDS & MATTRESSES
Wider gross margin was not enough to mitigate revenue decline and continued higher-than-historic raw material costs for the Airsprung Group in the past year.
- Details
- UPHOLSTERY
The closure of Cavendish Upholstery's Lancashire factory resulted in six-figure losses for the manufacturer's owner but will likely pay back in the medium-to-long term.
- Details
- BEDS & MATTRESSES
Mattress and bedding brand Simba Sleep booked eight-figure adjusted U.K. profits last year with its CEO saying its performance has continued into 2024.
- Details
- BEDS & MATTRESSES
A combination of both demand- and supply-side pressures combined to negatively impact profitability at Suffolk bed maker Mansion House Bedding Group in the year to end March.
- Details
- SUPPLY & WHOLESALE
U.K. furniture makers' combined turnover declined high single-digits in August as the bounce sustained in July failed to hold.
- Details
- SUPPLY & WHOLESALE
Furniture manufacturer Teemo Designs has appointed John Watkinson, the former head of furniture and operations director at Habitat, as its non-executive chairman.
- Details
- BEDS & MATTRESSES
The new owner of direct-to-consumer mattress and bed brand Dormeo says the business has plenty of headroom for growth as it looks to maintain momentum after a period of rebuilding.
- Details
- UPHOLSTERY
Shareholders and lenders to the Belfield Group have agreed over £9 million in new and refinanced funding this year as the upholstery giant realigned its cost base to a new trading environment.
- Details
- UPHOLSTERY
Heritage sofa maker Tetrad slipped to a loss last year as the tough market backdrop hit margins and the top line.
- Details
- COMMUNITY
The Furniture Makers’ Company, the City of London livery company and industry charity, announced the winners of its Young Furniture Makers Awards and Prizes at the 2024 Young Furniture Makers exhibition last week.
- Details
- UPHOLSTERY
North Wales sofa maker Westbridge Furniture says it will have cut its revenue breakeven point by almost £33 million within the space of two years by the end of 2024.
- Details
- UPHOLSTERY
Shares in DFS rose to their highest level in more than 14 months during intra-day trading on Wednesday amid renewed investor confidence in a recovery for big-ticket consumer demand.
- Details
- EVENTS
Event organiser Kölnmesse has decided to "skip the IMM Cologne January 2025 edition" after talks with key stakeholders across the German furniture and kitchen sectors.
- Details
- UPHOLSTERY
The Yorkshire group behind the Bed Kingdom, Cuckooland, Flair Furnishings, Recoil and Noomi brands has entered the upholstery market with the launch of Solace+Co, a new sofa specialist.
- Details
- UPHOLSTERY
Upholstered furniture manufacturer and retailer Sofas & Stuff is looking to build a bigger business with trade customers after launching a membership programme aimed at contract specifiers.
- Details
- BEDS & MATTRESSES
The failure of a Dewsbury based bed company has left more than a dozen business across its supply chain nursing five-figure shortfalls on what they are owed.
- Details
- UPHOLSTERY
Improving operating cashflow helped Midlands upholstery group TCM Living invest in new assets, pay dividends to its owners and cover higher debt interest costs amid previously-signposted tougher trading last year.
- Details
- UPHOLSTERY
Colchester sofa maker Alstons Upholstery was the standout performer for TCM Living last year, maintaining sales and finding earnings growth.
- Details
- CASE GOODS
Supply-side cost pressures abated as BHID Group, parent to cabinet furniture vertical Neville Johnson and kitchen business Tom Howley, found profit growth through 2023/24.
- Details
- TRADE & INDUSTRY
Industry news spanning beds, outdoor furniture and potential ownership change in the retail sector.
- Details
- BEDS & MATTRESSES
Stakeholders at the Mammoth Group are understood to be closing in on a reorganisation that aims to secure the future of the mattress and bedding business.
- Details
- TRADE & INDUSTRY
Business failure across the U.K. furniture, furnishings and floorcoverings sectors is tracking well down on the record levels seen last year after three complete quarters.
- Details
- UPHOLSTERY
A retail company wholly-owned by Italian upholstered furniture giant Natuzzi achieved growth at all three of its remaining London showrooms last year.
- Details
- FLOORCOVERINGS
A big leap in luxury vinyl tile (LVT) sales helped Belgian carpet and flooring conglomerate Associated Weavers maintain overall U.K. revenue last year.
- Details
- TRADE & INDUSTRY
A prominent maker of chip cards, shade cards, paint sampling, brush-out boards, swatches and colour marketing point-of-sale for the flooring, furniture and interior design markets has filed for insolvency.
- Details
- BEDS & MATTRESSES
The group behind major U.K. bed manufacturers Silentnight and Sleepeezee succesfully refinanced its borrowings earlier this year.
- Details
- UPHOLSTERY
Heritage upholstery maker and retailer Delcor has completed a prepack restructure that ensures the future of the brand, the jobs of its employees, and outstanding orders.
- Details
- BEDS & MATTRESSES
Gross margin expansion helped Kent bed maker Sleepeezee mitigate higher operating costs as earnings came close to matching year-earlier levels in 2023.
- Details
- RETAIL & DISTRIBUTION
Dreams, the U.K.'s largest beds retailer, says underlying profits climbed last year in a period when it invested a record amount on stores, technology, and its manufacturing operation.
- Details
- TRADE & INDUSTRY
Furniture and flooring industry news in brief.
- Details
- SUPPLY & WHOLESALE
Closing a loss-making overseas subsidiary was a drag on the bottom line for the Gallery Direct group last year, but it still proved a more robust period for the furniture, mattress and home accents distributor.
- Details
- FLOORCOVERINGS
Luxury vinyl tile giant Amtico more than doubled profits last year as gross margin expansion mitigated weaker trading in mainland Europe. U.K. sales were higher.
- Details
- UPHOLSTERY
Upholstery market leader DFS slipped to a net loss in the year to end June as margin expansion and cost cuts failed to fully mitigate a near double-digit decline in revenue.
- Details
- UPHOLSTERY
A focus on product mix and cost discipline helped the U.K. arm of Stressless and IMG brand owner Ekornes keep profits within the same ballpark last year, despite a fall in revenue.
- Details
- BEDS & MATTRESSES
The National Bed Federation (NBF) last night named the winners of its 2024 Bed Industry Awards at a Gala Dinner following the first day of the Bed Show in Telford.
- Details
- UPHOLSTERY
Lebus Upholstery said a strong orderbook, a stabilisation of supplier prices and improved efficiencies combined with higher sales to boost its performance last year.
- Details
- FLOORCOVERINGS
Revenue and profits were close to flat at the North West group behind manufacturer, distributor and flooring insurance claims handler Cavalier Carpets last year.
- Details
- RETAIL & DISTRIBUTION
Restructuring advisors supervising the company voluntary arrangement (CVA) of The Sofa & Chair Company filed a winding up petition against the London-based business late last week.
- Details
- BEDS & MATTRESSES
The U.K. bed market was the strongest big-ticket home category last year despite a decline in sprung mattress volumes, new data shows.
- Details
- UPHOLSTERY
Britain's sofa market declined double-digit last year as weak imports combined with a high single-digit decline in sales from U.K. manufacturers.
- Details
- UPHOLSTERY
An upholstery producer that used to be part of the same French group as British bed maker Sleepeezee is facing closure as a six-month insolvency process comes to a head.
- Details
- BEDS & MATTRESSES
News in brief from across the beds manufacturing and retail sector worldwide.
- Details
- RETAIL & DISTRIBUTION
Natuzzi chief executive Antonio Achille has reaffirmed the Italian upholstered furniture giant's commitment to the U.K. market, saying it remains central to its growth plans.
- Details
- BEDS & MATTRESSES
A premium-pitched bed brand that has been trading here since 2012 is launching into the US market after attracting a significant number of American customers to its UK ecommerce website.
- Details
- BEDS & MATTRESSES
Direct-to-consumer and wholesale mattress company Emma Sleep has exited multiple European consumer markets as part of a reorganisation process.
- Details
- UPHOLSTERY
Finline Furniture, the vertically-integrated Irish upholstered furniture company, has opened its vast Dublin showroom after a year-long refurbishment project.
- Details
- TRADE & INDUSTRY
Furniture and furnishings industry news in brief.
- Details
- FLOORCOVERINGS
Flooring manufacturer Ulster Carpets is to double the size and capacity of its recently-completed High Speed Weaving Building at its Portadown HQ.
- Details
- CASE GOODS
Wood furniture imports declined in July on weak demand for living and dining cabinets.
- Details
- TRADE & INDUSTRY
Higher deliveries from the U.K.'s largest trading partner helped kitchen furniture imports rise for the first time in nine months at the height of summer.
- Details
- BEDS & MATTRESSES
Tough first half trading hit the top and bottom lines for the North Wales group behind direct-to-consumer brand Adjustamatic last year, but property provided cheer for the second year straight.
- Details
- CASE GOODS
International Decorative Surfaces, a major supplier of wood panel components and finished products including flooring, has been placed into administration.
- Details
- EVENTS
There will be no carpet and rugs exhibition in Hannover in January 2025 after Domotex organiser Deutsche Messe announced plans to create a more all-encompassing flooring and surfaces event the following year.
- Details
- BEDS & MATTRESSES
Foam and sprung mattress imports into the U.K. rose double-digit at the height of summer despite weak figures from one of the country's historically strong trading partners.
- Details
- UPHOLSTERY
A surge in shipments arriving from China meant upholstery imports jumped double-digits at the height of summer, new figures show.
- Details
- SUPPLY & WHOLESALE
Furniture sales at the factory gate climbed for only the second time this year in July with the Office for National Statistics (ONS) also saying earlier figures were not as bad as first thought.
- Details
- BEDS & MATTRESSES
Savoir Beds says an increasing proportion of its business was generated through interior designers last year as its very wealthiest clients continued spending, while salaried customers adopted a more cautious approach.
- Details
- BEDS & MATTRESSES
Fifth-generation textiles company James Robinson Fibres is investing £750,000 on improvements to its head office and warehousing at the Euroway Industrial Estate in Bradford.
- Details
- UPHOLSTERY
Steve Morgan, one of the upholstered furniture sector's longest serving sales directors, has left the TCM Living manufacturing and import group.
- Details
- UPHOLSTERY
Paul Myerscough has left the Belfield Group after a decade as part of the senior leadership team at the private equity backed upholstered furniture producer.
- Details
- DEALS & FINANCE
Shares in five of Asia's largest furniture and bedding manufacturers fell to a year-long low in early week trading amid a wider sell-off and the threat of new tariffs.
- Details
- TRADE & INDUSTRY
Furniture and furnishings industry news in brief.
- Details
- FLOORCOVERINGS
The owner of luxury vinyl flooring tile (LVT) supplier Amtico has recapitalised the business with an eight-figure equity raise ahead of 2023 accounts being filed.
- Details
- UPHOLSTERY
Soft furnishings supplier Ashley Wilde saw profits fall by almost 90 percent last year as it booked one-off costs associated with the disposal of a Scottish fabrics producer it had acquired five years ago.
- Details
- UPHOLSTERY
European revenue was up by more than half for the former owner of a 22-store UK furniture chain in the first six months of 2024, mitigating weakness elsewhere.
- Details
- FLOORCOVERINGS
Flooring underlay supplier Ball & Young saw revenue decline last year due to a combination of a soft market and, in some cases, the business losing market share.
- Details
- SUPPLY & WHOLESALE
Danish furniture maker Skovby has appointed DXN (Graham Dixon) and Westgarth (Greg French) as its U.K. sales agents.
- Details
- BEDS & MATTRESSES
Hypnos, the U.K.'s largest privately-owned bed manufacturer, has appointed Mark Cort as group commercial director, a newly-created role that completes its leadership team.
- Details
- BEDS & MATTRESSES
The largest U.K. trading entity in the diversified Vita Group says margins came under pressure last year, particularly in areas such as finished mattresses.
- Details
- FLOORCOVERINGS
Premium luxury vinyl tile (LVT) flooring supplier Karndean booked lower profits last year after saying the Covid-driven boom of 2021/22 had come to an end.
- Details
- TRADE & INDUSTRY
Bed, furniture, and flooring industry news in brief.
- Details
- BEDS & MATTRESSES
Shares in the Far East mattress conglomerate behind the Mlily brand fell to a new low after the company reported a decline in first half profits.
- Details
- RETAIL & DISTRIBUTION
Ercol Furniture has teamed up with an independent retailer to open the first ever ercol branded furniture store, launching in central London this autumn.
- Details
- BEDS & MATTRESSES
Cash declined amid higher accumulated losses at two established West Yorkshire bed manufacturers last year, though a co-controlled investment company booked strong profits.
- Details
- UPHOLSTERY
The longtime private equity backer of The Belfield Group has provided fresh funding to the upholstered furniture manufacturer as it follows through on its transformation programme.
- Details
- UPHOLSTERY
Upholstered furniture producer Morris Home Holdings has changed its corporate name with immediate effect.
- Details
- BEDS & MATTRESSES
Mattress spring maker Wolf Components has taken delivery of the first of two new machines as part of a wider six-figure investment through 2024.
- Details
- BEDS & MATTRESSES
A Midlands headquartered beds manufacturer has moved its shares into a new structure amid changes at a number of co-controlled entities.
- Details
- BEDS & MATTRESSES
Purple Innovation, the $510 million U.S. mattress brand that has in the past been tipped to enter the U.K. market, is to consolidate production, resulting in two factory closures and more than 200 job losses.
- Details
- UPHOLSTERY
The upholstery conglomerate behind brands spanning Kuka Home to Rolf Benz said the U.K. presented opportunities amid slowing worldwide growth and flat first-half profits.
- Details
- BEDS & MATTRESSES
Chinese-made products grew their share of the U.K. mattress market in the first half of 2024 as shipments from the Far East outpaced most other source countries.
- Details
- UPHOLSTERY
Upholstery imports into the U.K. were lower in the first six months of 2024 ahead of the well-documented buying shift by ScS, the country's second largest sofa retailer.
- Details
- FLOORCOVERINGS
Weak carpet category figures helped China jump from third to first to become the largest source of foreign-made flooring sold in the U.K. in the first half of 2024.
- Details
- UPHOLSTERY
Upholstery vertical Sofa.com has agreed a contract for Wincanton to carry out its two-person home deliveries.
- Details
- BEDS & MATTRESSES
Efforts to sell bed maker Joseph Furniture to anyone other than the co-controlled company that bought its assets in a prepack deal would have effectively forced a factory move, restructuring advisors have claimed.
- Details
- UPHOLSTERY
Sales to Andrew Martin International have more than trebled for South Wales upholstery producer Sofa-Icon in the past three years.
- Details
- BEDS & MATTRESSES
The insolvent restructure of bed maker Joseph Furniture will prove more damaging to creditors than that of its sister retail business Bedworld Factory Shop.
- Details
- CASE GOODS
Kitchen furniture maker Burbidge booked a seven-figure net loss last year, close to half of which was the result of a reorganisation as it consolidated production.
- Details
- BEDS & MATTRESSES
Motion beds manufacturer Adjust-a-Bed has appointed Mark Hughes as its sales agent for the North East of England and Yorkshire.
- Details
- UPHOLSTERY
Revenue at upholstery manufacturing and import group TCM Living almost halved in the second quarter as its AMX Design business unit suffered from a significant decrease in output.
- Details
- UPHOLSTERY
Onboarding larger retail customers helped Stressless and IMG owner Ekornes find growth in the U.K. and Irish markets in the second quarter, bucking a negative global trend.
- Details
- SUPPLY & WHOLESALE
Furniture sales at the factory gate were lower on an annual basis for the seventh month in the past eight in June according to figures released Thursday morning.
- Details
- UPHOLSTERY
Upholstery giant Ekornes has found buyers for two of the factories jettisoned as part of a consolidation of its Far East manufacturing activities last year.
- Details
- UPHOLSTERY
The owners of West Midlands sofa maker ACL 2002 have put a new sales force in place to secure business with other retailers after ScS called time on a longstanding supply agreement.
- Details
- COMMUNITY
Registration has launched for the 2024 edition of the Young Furniture Makers Exhibition, the one-day event showcasing designs from participants spanning emerging designer-makers through to employers and key furnishing industry players.
- Details
- SUPPLY & WHOLESALE
Cushion, seat pads and soft furnishings manufacturer Caldeira deleveraged after achieving strong profits last year.
- Details
- BEDS & MATTRESSES
Bensons for Beds has launched new models for its Staples & Co brand's Artisan collection, promising premium products at what it described as a "fraction of the price of high-end rivals."
- Details
- BEDS & MATTRESSES
Efforts to improve margin yielded an immediate uplift in profits last year at West Yorkshire based Global Components (U.K.), a key cog in the mattress and sofa supply chains.
- Details
- UPHOLSTERY
The West Yorkshire group behind the riser recline chair brand Restwell booked larger profits last year as revenue climbed and margin expanded.
- Details
- TRADE & INDUSTRY
British Furniture Manufacturers (BFM) has brought together some of the U.K.'s largest furniture and bed manufacturers to try and seek a consensus view regarding fire regulations.
- Details
- UPHOLSTERY
Joanna Frost, the longstanding sales director and co-owner at East Midlands sofa designer and distributor Siren Furniture, has left the company.
- Details
- UPHOLSTERY
Andrew Davies will manage Ekornes' U.K. business while it decides on the next steps following the departure of James Thompson, whose exit we reported last week.
- Details
- UPHOLSTERY
Romo has for the first time revealed the financial heft that was required to complete a family buyout of the upholstery and furnishings fabrics group last year.
- Details
- BEDS & MATTRESSES
Beds and furniture manufacturer and distributor Sweet Dreams has revealed its new-look logotype and brand identity.
- Details
- BEDS & MATTRESSES
Rob Livingstone has become global sales director at folding beds, mattress and sofabed maker Jay-Be while Mark Cort, its managing director since the autumn of 2020, has left the business.
- Details
- COMMUNITY
The Furniture Makers' Company is accepting nominations for the inaugural Graham Kirkham Award, which will recognise the exceptional effort of someone who has made an outstanding contribution to the industry charity and livery company.
- Details
- RETAIL & DISTRIBUTION
Adjusted earnings jumped by more than a third for Eastern European cabinet giant Forte in the past quarter amid the rollout of its new partnership here with John Lewis.
- Details
- FLOORCOVERINGS
Texfelt, which specialises in non-wovens and PU foam replacements, has promoted Danny Shortall to global sales director amid a number of key hires and against a backdrop of sales growth in one of its key markets.
- Details
- BEDS & MATTRESSES
The National Bed Federation (NBF) has announced the judges for its 2024 Bed Industry Awards, the winners of which will be revealed at its Gala Dinner in Telford next month.
- Details
- FLOORCOVERINGS
The distributor of leading flooring brands such as Quick-Step, Elka, Balterio and Pergo found margin in its U.K. business last year to negate the impact of lower sales.
- Details
- UPHOLSTERY
Ekornes has hired from outside the industry for its new chief operating officer, with Fredrik Samson appointed to take on the role from the autumn.
- Details
- FLOORCOVERINGS
A Yorkshire based subsidiary of floorcoverings giant Victoria will suffer the biggest loss following the closure of a local retailer that majored in the sale of products on finance.
- Details
- SUPPLY & WHOLESALE
The co-founders and majority shareholders in furniture giant Samson Holding are seeking a delay to their planned take-private deal for the manufacturing and wholesale group.
- Details
- BEDS & MATTRESSES
The returning CEO of mattress spring and foam supplier Leggett & Platt says it was easier to manage through the financial crash of 2008 compared with the current bedding industry market backdrop.
- Details
- BEDS & MATTRESSES
Mattress industry bellwether Leggett & Platt (L&P) has written down the value of goodwill in its bedding unit amid a continuing restructuring of its global operations. It has also launched a strategic review.
Stay informed. Subscriptions start from less than £2 per week: