Manufacturing News
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- CASE GOODS
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.
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- UPHOLSTERY
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.
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- BEDS & MATTRESSES
Mattress imports continued to climb in the early months of 2024 thanks to an outsized impact from premium bedding producer Tempur.
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- FLOORCOVERINGS
Weak carpet and vinyl data depressed flooring imports in February despite a first rise in parquet shipments since last autumn.
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- EVENTS
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.
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- UPHOLSTERY
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.
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- UPHOLSTERY
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.
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- SUPPLY & WHOLESALE
But revisions mean earlier declines were not as bad as first reported, new and updated figures from the Office for National Statistics show.
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- UPHOLSTERY
Sofa design and manufacturing group TCM Living has appointed PJ Chippendale as its new chief financial officer.
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- SUPPLY & WHOLESALE
Ultra high-end North Wales furniture manufacturer Silverlining maintained profits last year despite rising costs and flat sales.
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- UPHOLSTERY
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.
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- FLOORCOVERINGS
Flooring underlay and accessories supplier Interfloor has formally confirmed a series of board changes including the promotion of its HR director to managing director.
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- BEDS & MATTRESSES
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.
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- BEDS & MATTRESSES
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.
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- BEDS & MATTRESSES
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.
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- SUPPLY & WHOLESALE
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.
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- BEDS & MATTRESSES
Experienced industry executive Rob King has been appointed sales director at Vogue Beds Group, the East Midlands-based beds manufacturer.
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- RETAIL & DISTRIBUTION
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.
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- RETAIL & DISTRIBUTION
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.
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- RETAIL & DISTRIBUTION
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.
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- TRADE & INDUSTRY
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.
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- UPHOLSTERY
Renascent upholstery brand Maker & Son has opened a showroom in Los Angeles, the first of several planned for the U.S. market.
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- TRADE & INDUSTRY
Quarterly insolvencies across the U.K. furniture, furnishings and floorcoverings sectors have declined for the first time since the end of 2022.
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- UPHOLSTERY
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.
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- FLOORCOVERINGS
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.
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- CASE GOODS
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.
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- BEDS & MATTRESSES
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.
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- CASE GOODS
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.
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- UPHOLSTERY
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.
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- BEDS & MATTRESSES
Wider gross margin helped negate softer sales in a challenging market at Leeds beds maker Harrison Spinks last year.
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- BEDS & MATTRESSES
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.
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- BEDS & MATTRESSES
The owners of expanding South West manufacturer Enchanted House Beds have created a new corporate structure to hold their combined business interests.
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- RETAIL & DISTRIBUTION
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.
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- SUPPLY & WHOLESALE
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.
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- FLOORCOVERINGS
Cormar Carpets, the U.K.'s largest privately-owned carpet manufacturer, has augmented its delivery fleet with an investment in another ten new vehicles.
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- TRADE & INDUSTRY
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.
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- UPHOLSTERY
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.
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- FLOORCOVERINGS
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.
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- RETAIL & DISTRIBUTION
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.
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- RETAIL & DISTRIBUTION
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.
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- BEDS & MATTRESSES
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.
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- UPHOLSTERY
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.
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- RETAIL & DISTRIBUTION
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.
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- BEDS & MATTRESSES
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.
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- BEDS & MATTRESSES
The former Recticel-owned East Midlands business that pours foam used to make fillings for beds and mattresses has formalised its corporate name change.
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- SUPPLY & WHOLESALE
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.
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- RETAIL & DISTRIBUTION
A one-time £18 million turnover Scottish fitted furniture company based in Cumbernauld has succumbed to grim trading conditions and a tough demand environment.
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- CASE GOODS
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.
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- BEDS & MATTRESSES
Kent bed manufacturer Sleepeezee has provided an all-new uniform to its employees as part a continuing commemorations of its 100-year anniversary.
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- BEDS & MATTRESSES
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.
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- CASE GOODS
Cabinet furniture supplier Devonshire returned to positive cashflow last year as it cut costs and worked down stock levels amid falling output.
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- FLOORCOVERINGS
All flooring product categories declined as imports into the U.K. in January fell mid single-digits, but carpets outperformed both vinyl and parquet.
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- DEALS & FINANCE
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.
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- UPHOLSTERY
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.
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- UPHOLSTERY
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.
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- SUPPLY & WHOLESALE
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.
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- FLOORCOVERINGS
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.
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- SUPPLY & WHOLESALE
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.
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- UPHOLSTERY
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.
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- UPHOLSTERY
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.
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- UPHOLSTERY
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.
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- SUPPLY & WHOLESALE
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.
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- CASE GOODS
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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- FLOORCOVERINGS
Flooring conglomerate Belysse Group has promoted James Neuling to chief executive officer, succeeding Cyrille Ragoucy, who is to become chairman and board advisor.
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- SUPPLY & WHOLESALE
Tvilum, the circa £180 million turnover Danish flatpack cabinet furniture manufacturer, has named the CEO of a compatriot logistics company as its new chief financial officer.
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- RETAIL & DISTRIBUTION
Kitchens conglomerate Nobia, owner of national retail chain Magnet, has appointed George Dymond as executive vice president and head of region, U.K.
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- SUPPLY & WHOLESALE
One-time major player in the U.K. cabinet furniture maker says earnings decline down to drop-off in revenue.
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The South Wales company that rescued Mereway Kitchens last summer has emerged as the largest non-tax creditor following the manufacturer's second insolvency inside six months.
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- FLOORCOVERINGS
Floorcoverings conglomerate Headlam believes it can more than double the size of its business with larger customers as it cautioned that a tough 12 months for the sector has continued into the start of 2024.
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- SUPPLY & WHOLESALE
Investment by Bisley part of wider plan to diversify product offer for its consumer-facing ecommerce websites.
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- UPHOLSTERY
Responsibility for the Belfield Group's Tetrad sofa manufacturing division and its Clinchplain furnishings components business has passed to two senior executives following the departure of Stuart Masson.
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- UPHOLSTERY
A court heard a winding up petition against Wessex Bristol Investments late last week as litigation funders try to recoup funds for creditors of a long-defunct sofa manufacturing company.
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A factory closure together with costs landing lower than forecast helped the group behind upholstery brands Ashley Manor, Alstons and Alexander & James mitigate the impact of falling revenue last year.
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- BEDS & MATTRESSES
Hypnos, the U.K.'s largest family-owned bed manufacturer, is to consolidate all production at its wholly-owned Buckinghamshire headquarters, leading to the closure of its leased East Midlands factory.
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- FLOORCOVERINGS
Historic carpet manufacturer Brintons has cut its leverage ratio as part of a refinancing process as it looks to build on a recovery in its markets that led to higher adjusted earnings last year.
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- BEDS & MATTRESSES
The National Bed Federation (NBF) has revealed a new online parody-style video for its National Bed Month campaign that it hopes will support retailers looking to drive sales of beds this spring.
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- RETAIL & DISTRIBUTION
Kitchens giant Howden Joinery Group (Howdens) has pushed deeper into the bedroom cabinet category after a pilot launch into the product segment ahead of peak trading delivered positive results.
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- SUPPLY & WHOLESALE
Ercol Furniture (ercol) has announced the departure of longtime creative director Rachel Galbraith, with chairman Henry Tadros to now take an active role in the creative direction of the brand.
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- UPHOLSTERY
Upholstered furniture vertical Sofa.com has launched a capsule collection of sofas covered in fabrics borne out of a collaboration with the William Morris At Home brand.
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- RETAIL & DISTRIBUTION
Kristoffer Ljungfelt, currently Nobia’s executive vice president for the U.K. market, is to succeed Jon Sintorn as the kitchen conglomerate's chief executive officer.
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- UPHOLSTERY
Upholstery manufacturer Whitemeadow Furniture has again become a corporate member of The Furniture Makers' Company (TFMC), the industry charity and livery company.
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Litigation funders are preparing a winding up petition against the private furniture investment company of one-time Wesley Barrell and Collins and Hayes (C&H) owner Ayiaz Ahmed.
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Classic recliners were a "major success" for upholstery brand Stressless as its U.K. and Ireland business recovered in the fourth quarter of last year, parent company Ekornes said on Monday.
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- RETAIL & DISTRIBUTION
High-end kitchens retailer Harvey Jones has changed hands following a prepack asset buyout that secures the jobs of all 140 of its employees.
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- SUPPLY & WHOLESALE
A small West Midlands contract furniture manufacturer has returned to court to get renewed protection from creditors while it seeks a restructuring of the business, or a sale.
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- BEDS & MATTRESSES
The National Bed Federation (NBF) was named winner of the ESG* Initiative of the Year at the Trade Association Awards 2024 on Thursday evening.
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- FLOORCOVERINGS
The value of floorcoverings imported into the U.K. fell high single-digits in 2023 with wood and vinyl flooring dropping at a faster rate than carpets.
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- BEDS & MATTRESSES
A fall in the final two months of last year was not enough to prevent mattress imports from reaching an all-time high in 2023 — the tenth consecutive year they have increased on a value basis.
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- UPHOLSTERY
Imports of sofas and sofabeds declined for the first time in three years in 2023 but still remained at the second-highest ever level. Volumes were only fractionally lower than the previous year.
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Nobia, owner of U.K. kitchens retailer Magnet, has agreed a second major disposal inside a week after agreeing to sell Austrian business unit ewe in a deal worth up to €26.5 million.
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- RETAIL & DISTRIBUTION
27-store kitchens retailer Harvey Jones has gone back to court to seek more time to get a restructuring deal with potential investors over the line — a move that gives it extra leeway in discussions regarding its future.
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- BEDS & MATTRESSES
The Lancashire company run by the family who resurrected the direct-to-consumer (DTC) mattress brand Brook + Wilde last year maintained 2022/23 profits, despite falling sales.
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- UPHOLSTERY
Upholstered furniture fabrics supplier Mobus has promoted Sam Thornber from sales manager to sales director.
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- SUPPLY & WHOLESALE
U.K. furniture manufacturers' combined turnover fell in double-digit percentages in December as weaker volumes combined with a falling away of price inflation in the category to hold back sales.
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- COMMUNITY
Margaret Miller, the first female master of The Furniture Makers' Company and industry leader with Knightsbridge Furniture, has died. She was 87 years old.
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- RETAIL & DISTRIBUTION
Vertically-integrated furniture maker and retailer HSL will feature on Inside The Factory this weekend, becoming the latest industry company to be showcased, and the second this series.
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- BEDS & MATTRESSES
Sealy U.K., the bed manufacturing joint venture between Tempur Sealy International and Dyer Holdings, has become a corporate member of The Furniture Makers' Company, the industry charity and livery company.
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- BEDS & MATTRESSES
A West Yorkshire-based investment company with holdings in both mattress manufacturing and bed retailing booked high Covid-era profits according to its first full-disclosure financial statements.
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- FLOORCOVERINGS
Mohawk Industries, the world's largest floorcoverings company and a major supplier in the U.K. across multiple product categories, says it expects the recovery of demand in Europe to lag other territories worldwide.
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- RETAIL & DISTRIBUTION
Kitchen conglomerate Nobia is selling its Dutch manufacturing business Bribus for €64 million and says it will now be wholly-focused on the U.K. and Nordic markets.
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- UPHOLSTERY
Kellie Oliver has become managing director of import/export at upholstery group TCM Living in an expanded role that now also includes responsibility for its Alexander & James and James Alexander business units.
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- BEDS & MATTRESSES
U.S. headquartered conglomerate has provided more details about the restructuring of its operations that was first announced in January.
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- BEDS & MATTRESSES
Vispring, the Devon bed maker whose products sell at the top end of the mass market, will open its previously-signposted second London showroom next month.
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- BEDS & MATTRESSES
Category demand for beds is stabilising according to the CEO of Tempur Sealy International (TSI), the world's largest bedding company and owner of U.K. retailer Dreams.
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- SUPPLY & WHOLESALE
Fabrics and wallpaper supplier Sanderson Design Group said a strong performance from its high-margin licensing business has continued to mitigate the impact of challenging U.K. trading conditions.
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- SUPPLY & WHOLESALE
Aspire Furniture, a growing supplier to the ecommerce mattress sector in the U.K., is planning to build its international business after agreeing new trade finance.
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- FLOORCOVERINGS
Axminster Carpets has become the latest home furnishings industry manufacturer to feature on Inside The Factory, the BBC documentary series.
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- UPHOLSTERY
Dudgeon Sofas, the high-end London upholstered furniture manufacturer, recorded a small loss in the period that saw it sell a further stake in the company to the Halo/Timothy Oulton group.
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- TRADE & INDUSTRY
Trade association British Furniture Manufacturers (BFM) has named the second annual winners of its Future of Furniture Awards, celebrating businesses it says are blazing a trail in education and sustainability.
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- RETAIL & DISTRIBUTION
The owner of Bensons for Beds has now received almost the entirety of the amount it was owed at the time of the prepack transaction that divorced the bed retailer from Harveys, its hitherto sister furniture chain.
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- UPHOLSTERY
The high-end upholstered furniture manufacturer and retailer that took over the former Heal's store in Brighton hopes it will have a galvanising effect on both revenue and potential investment.
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- CASE GOODS
Neville Johnson, the upmarket fitted furniture vertical that sells direct to the consumer, said it has cut costs to align with reduced demand after a challenging year where revenue and margins took a hit.
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- SUPPLY & WHOLESALE
Midlands kitchen manufacturer Mereway Kitchens has ceased trading after a second insolvency inside six months for a company operating the brand.
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- SUPPLY & WHOLESALE
The Gangani family, who sold home textiles supplier Bridstock Gate back in 2017, is to relaunch its flagship bedding brand after re-acquiring the intellectual property (I.P.) rights last year.
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- RETAIL & DISTRIBUTION
Harvey Jones has sought protection from creditors while it talks with potential investors and stakeholders regarding a restructure of the upmarket kitchens retail business.
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- UPHOLSTERY
Vertically-integrated upholstered furniture manufacturer Andrew Paul has posted its first full-disclosure accounts, confirming its status as Long Eaton's largest remaining independent sofa maker supplying the retail market.
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- FURNISHINGS & ACCENTS
Evans Textiles, one of the U.K.’s leading soft furnishings and window hardware suppliers, booked a net loss last year as it wrote down the value of its investment to nil in a bedding business it bought seven years ago.
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- UPHOLSTERY
Fibreline, the privately-owned upholstery fillings and cushion manufacturer, has begun work on its long-awaited warehouse expansion as it responds to elevated demand from U.K. sofa makers.
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- SUPPLY & WHOLESALE
Cabinet maker Simpson and Liddard has been awarded the Manufacturing Guild Mark for business excellence by The Furniture Makers’ Company, the City of London livery company and furnishing industry charity.
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- UPHOLSTERY
Upholstery and cabinet wholesale and manufacturing group Actona says furniture sales volumes across Europe fell sharply last year, putting its own revenue and profits under elevated pressure.
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- TRADE & INDUSTRY
British Furniture Manufacturers (BFM) has agreed a partnership with Verisio that gives its members a cost effective route to tracking ethical compliance.
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- BEDS & MATTRESSES
There is no change of landlord for Bensons for Beds' manufacturing operations in Cambridgeshire despite the sale of the factory propco by Bensons' owner Alteri Investors last year.
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- EVENTS
The Flooring Show, the dedicated trade show for the U.K. floorcoverings industry, is to be 30 percent bigger this year after organisers agreed to take on additional space.
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- BEDS & MATTRESSES
Longtime bed industry executive Jason Lowdon is joining Kent bed maker Sleepeezee with a brief to further develop its overseas business as export director.
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- UPHOLSTERY
Andrew Martin International, the London based retail and wholesale company, has relaunched its designer sofas and chairs programme and invested in increased production capacity at its U.K. upholstery factory.
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- FLOORCOVERINGS
The closure of a North East smooths floorcoverings distributor has left its closely-affiliated Belgian supplier nursing a sizeable six-figure debt.
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- COMMUNITY
The Furniture Makers’ Company, the City of London livery company and charity for the furnishings industry, has launched a corporate video telling the organisation’s story through the voices of several prominent members.
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- UPHOLSTERY
Man Wah Holdings, the world's largest recliner manufacturer, has resumed its share buyback programme in a bid to improve returns for shareholders.
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- UPHOLSTERY
Upholstered furniture conglomerate La-Z-Boy Incorporated has appointed ADA, Austria's largest sofa producer, as its licensee for Germany, Austria, Switzerland, Croatia and Serbia.
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- EVENTS
Sofa suppliers including Buoyant Upholstery, Alpha Designs and Whitemeadow dominated the winners podium at The January Furniture Show's two award programmes earlier this week.
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- BEDS & MATTRESSES
HM Revenue & Customs is the only material creditor of Dream Therapy, the Batley bed maker whose insolvency was announced earlier this week.
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- BEDS & MATTRESSES
National Bed Month will have a new theme this March with the National Bed Federation (NBF) to position the bed as a 'miracle product' that can have a positive impact on health and wellbeing.
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- BEDS & MATTRESSES
The family founders of the Duvalay beds and mattresses business have created a new group restructure, uniting all four of their brands under the Raskelf Group umbrella.
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- SUPPLY & WHOLESALE
Six major Shanghai-listed furniture corporations including the owners of upholstery giants Ekornes and Kuka saw their share prices fall to their lowest levels in at least a year during intra-day trading on Tuesday.
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- SUPPLY & WHOLESALE
The West Yorkshire rug and mat manufacturer behinds brands such as Howler & Scratch and Rug Guru plans to invest another £3 million on factory upgrades having spent a similar sum last year.
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- BEDS & MATTRESSES
Experienced furniture industry manufacturing executive Chris Box has been appointed managing director at Dreamworks Beds, the Gallery Direct-owned mattress maker.
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- BEDS & MATTRESSES
A bed maker with a factory showroom in Batley has been placed into the hands of restructuring advisors within months of recording mid six-figure profits.
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- UPHOLSTERY
Upholstery retailer Sofas & Stuff has reaffirmed its manufacturing commitment by becoming a member of British Furniture Manufacturers (BFM), the trade association.
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- BEDS & MATTRESSES
The value of foam and sprung mattress imports arriving into the U.K. declined in November despite a large upswing in Tempur products landing at U.K. ports.
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- SUPPLY & WHOLESALE
Earnings before non-cash costs were positive for the second straight year for Ercol Furniture in the immediate post-pandemic period as the Buckinghamshire manufacturer recorded its narrowest net deficit in five years.
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- BEDS & MATTRESSES
Components supplier Leggett & Platt is to reduce its bedding manufacturing and distribution footprint as part of a programme of restructuring measures designed to cut costs and boost profits.
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- BEDS & MATTRESSES
Bed manufacturer Sealy United Kingdom booked a larger deficit last year as the tough market contributed to revenue declining by more than a fifth.
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- SUPPLY & WHOLESALE
The average pay award for workers at U.K. furniture factories will be 4.9 percent this year, according to the British Furniture Manufacturers' (BFM) latest Wages Survey.
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- BEDS & MATTRESSES
The U.K. arm of mattress spring maker Leggett & Platt maintained double-digit net margin despite absorbing rising costs and enduring a weaker bed market here after pandemic restrictions were eased.
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- FLOORCOVERINGS
The Belgian carpet manufacturing group behind brands including ITC, Modulyss and Bentley has agreed a new revolving credit facility as part of a wider refinancing of the business.
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- SUPPLY & WHOLESALE
Output at the furniture factory gate was lower for the eighth consecutive month in November as U.K. producers continued to struggle for new orders.
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- BEDS & MATTRESSES
The National Bed Federation (NBF), the trade association for the U.K. bed industry, is signposting where consumers can dispose of old mattresses with a dedicated website providing local recycling options.
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- BEDS & MATTRESSES
Mattress and bedding company Mammoth Sit and Sleep will bring in a number of new managers this month ahead of plans to invest in new distribution and display assets.
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- UPHOLSTERY
Sales and profits reached all-time highs for the third straight year at sofa maker Ashwood Designs ahead of the South Wales company being sold to outside investors last summer.
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- BEDS & MATTRESSES
Earning power and cash accumulation continued to build at Highgrove Beds through the immediate post-pandemic period as revenue climbed to record levels.
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