Manufacturing News
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Jarrow cabinet furniture and shelving company Funky Chunky Furniture says it expects to achieve over £4 million in sales in the next year after it expanded and reconfigured its manufacturing operation.
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- OPINION & ANALYSIS
Relyon has all the tools it needs to succeed as a private company following its sale out of administration to its former CEO Ian Topping and other private investors.
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- BEDS & MATTRESSES
Wayne Nortjé has joined privately-owned bed manufacturer Breasley as operations director, with responsibility for both its East Midlands sites.
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- CASE GOODS
Two senior managers at Clive Christian Furniture Co. have led a management buyout of the luxury cabinet maker, supported by David Dare, the former owner and md at high-end interiors company Shaws of Darwen.
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- BEDS & MATTRESSES
Resurgent bed maker and retailer Warren Evans has begun manufacturing a range of wooden bed frames, expanding on the new mattress line introduced when the brand relaunched earlier this year.
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- SUPPLY & WHOLESALE
There is no shortage of consumers or retailers wanting to buy furniture designed, made and sold by Ercol, the Buckinghamshire company that will celebrate its 100th year in 2020.
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- BEDS & MATTRESSES
Mattress and upholstery group Airsprung says its performance has picked up since April, putting it on track to reverse widening losses incurred in 2018–19.
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- RETAIL & DISTRIBUTION
Fitted bedroom and home office furniture maker and retailer for sale after filing for administration.
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- BEDS & MATTRESSES
Silentnight, the U.K.'s largest bed manufacturer, has launched its autumn marketing campaign and the first since appointing a new lead agency.
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- BEDS & MATTRESSES
Profits doubled for the U.K. arm of global foam manufacturer and converter Carpenter in 2018, lifted by a "slight softening in some raw material costs" and higher sales.
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Fitted furniture vertical Hammonds has extended the lease of its Leicestershire manufacturing facility, securing the long-term future of its production in Hinckley.
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- FURNISHINGS & ACCENTS
Wider gross margin and lower distribution costs boosted 2018–19 profitability at filled bedding company Trendsetter, owner of brands including The Fine Bedding Company and Nimbus.
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- SUPPLY & WHOLESALE
John Lewis of Hungerford, the premium cabinet furniture vertical, says current customer behaviour suggests clarity over the current political environment will unlock pent up demand.
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- SUPPLY & WHOLESALE
Office seating, desking and storage manufacturer Triumph Furniture has collapsed with the loss of about 250 jobs.
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- TRADE & INDUSTRY
The British Furniture Manufacturers' (BFM) association has updated its legal advice service, which offers members access to support geared to the specific needs of the sector.
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- BEDS & MATTRESSES
The Chinese manufacturer behind the Mlily mattress brand has agreed to buy a California headquartered furniture chain with 36 stores across the U.S.
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- BEDS & MATTRESSES
Sebastian Mertes, Emma's new CFO. Photograph: www.tw-klein.com.
The German company behind the Emma mattress brand has appointed a former investment professional at British private equity company Permira as its new chief financial officer.
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Natuzzi has named Jason Camp as president of Natuzzi Americas, making him its most senior company official in the territory.
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The London Fabric Show has become BFM Fabric Show London ahead of its 2020 edition in a move that opens the door to possible expansion around the U.K.
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- FLOORCOVERINGS
Brintons, the private equity backed Worcestershire carpet maker, is to scale down its yarn-spinning operation ahead of the facility's planned closure next spring.
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- UPHOLSTERY
HSL is headquartered at Batley, West Yorkshire, and trades from stores nationwide.
Sales climbed at the 59-store specialist furniture retailer HSL in 2018 with the company's West Yorkshire factory powering much of the uplift.
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- BEDS & MATTRESSES
Britain's bed makers sold as many products in the second quarter of 2019 as they had the previous year but the value of those sales declined, according to the National Bed Federation (NBF).
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- REGIONAL
Fitted furniture maker and retailer bolstered balance sheet in more challenging trading year.
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- UPHOLSTERY
Sofa.com has its own factory in Poland.
ScS would have utilised Sofa.com's Eastern European manufacturing base to serve other parts of its business if it had successfully bought the company, its chairman said yesterday.
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Lebus' Lincolnshire factory.
The Dutch majority owner of Lebus Upholstery has reduced its stake in a long-planned transaction that hands control of the Lincolnshire sofa manufacturer to its U.K. board.
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Warren Evans has opened its first showroom since the brand was resurrected as an ecommerce business by its eponymous founder earlier this year.
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Westbridge's Coach House collection.
The revenue trend at Westbridge, Britain's largest non retailer-owned sofa maker, reflected the wider U.K. upholstery market last year.
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Preston upholstery producer Tetrad continued to gain momentum in 2018, with double-digit pro-rata sales growth helping it glean a bigger share of a declining upholstery market.
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- BEDS & MATTRESSES
Mattress maker Duflex, supplier to retailers such as IKEA, Eve, Asda and Argos, posted lower sales for the first time on public record last year. Group bed sales still advanced after parent Belfield opened a second factory.
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Natuzzi Editions new store in the North West.
Natuzzi added a fifth U.K. store for its Editions brand on Saturday, a day after the Italian upholstery giant released second quarter figures that reflected myriad challenges across the globe.
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- BEDS & MATTRESSES
The company claimed the Bed of the Year award at the Bed Show 2019 for its new J. Marshall by Vispring range, which pitches the brand to a younger clientele.
Manufacturing efficiencies and exports helped offset weaker domestic U.K. sales last year at Vispring, the luxury Devon bed manufacturer.
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A change in the retailer's accounting reference date was a contributing factor in rising net debt at its latest balance sheet dateline.
Upholstery market leader DFS has this month increased the size of its revolving credit facility by £20 million "to reflect the increased scale of the group's operating activities."
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DFS is the U.K. market leader in upholstery.
Sales and adjusted profits advanced for DFS in the year to end June while the group — owner of Sofology, Dwell and Sofa Workshop — says it will exit a number of 'poorly performing' suppliers.
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Upholstery producer Ekornes, owner of the Stressless recliner brand, says it maintained U.K. profits last year despite the negative impact of a legacy group logistics contract.
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High-end bed maker Hypnos has bolstered its ethical credentials by partnering Red Tractor Food and Farming Standards, an industry-first for the mattress sector.
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15 years ago, Highgrove sales were under £1m. Today it is one of the U.K.'s largest bed manufacturers.
West Yorkshire bed maker Highgrove posted a 15th straight top line rise in 2018 despite tough trading conditions. Underlying profits also climbed with statutory earnings down because of one-off expenses.
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The company is a bellwether for the U.K. sofa industry.
Revenue fell and margins narrowed in 2018–19 for Flameproofings, the U.K. market leader in the flame retardant coating of fabrics for the upholstery and household textile markets.
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The Senator Group, one of Britain's biggest furniture manufacturers, posted mid single-digit revenue growth in 2018 after selling more to customers in overseas markets.
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- FLOORCOVERINGS
Karndean's Vale Park, Evesham showroom and headquarters.
Luxury vinyl tile floorcoverings supplier Karndean booked high, but narrower margins in 2018, a year when revenue continued to climb thanks to export orders.
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The phoenix company that bought the four-store kitchen maker and retailer Earle & Ginger out of administration earlier this year has itself filed for insolvency.
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- DATA & RESEARCH
There was an across-the-board easing of factory gate furniture and carpet price inflation in August according to the latest figures from the Office for National Statistics (ONS).
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- BEDS & MATTRESSES
Profits climbed four-fold for the company behind the Vitafoam brand last year as it grew sales and annualised against high one-off expenses.
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- FLOORCOVERINGS
Privately-owned carpet maker and distributor Cavalier Carpets continued to book high six-figure profits in 2018 after a slight uptick in output.
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Sales and profits will climb in 2019 after East of England furniture company Warings secured new business last year, prompting it to hire and train new staff.
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- TRADE & INDUSTRY
The British Furniture Manufacturers (BFM) has expanded the scope of its commodity price tracker, a tool used by its members to support their buying negotiations with suppliers.
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Vispring's pitch to a younger customer base was rewarded with it winning the Bed of the Year category of the NBF's Bed Industry Awards last night. Harrison Spinks and Vitafoam also won supplier awards.
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Mark Draper has been promoted to commercial director at upholstery distributor La-Z-Boy U.K. with the business also announcing new heads of both marketing and independent sales.
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- EVENTS
Furniture makers from across Ireland will descend on Dublin next month to discuss and plan ways industry participants can collaborate to rebuild the sector.
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- FLOORCOVERINGS
Heritage carpet maker Axminster Carpets will streamline operations at its Devon factory after announcing voluntary redundancies.
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Upholstery giant offloads shareholding in Nick Scali — one of the largest furniture chains in the Southern Hemisphere — for the equivalent of about £41 million.
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Sales fell despite an improving trend in the first half.
Half year sales declined in the U.K. and Ireland for the company behind major European upholstery brand Stressless, though the second quarter improved on the first.
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Left–right: Managing director Simon Spinks and chairman Peter Spinks of Harrison Spinks with Lord Lieutenant of West Yorkshire, Ed Anderson.
Leeds bed maker Harrison Spinks hosted the Queen’s representative in West Yorkshire to its headquarters to receive the Queen’s Award for Enterprise: Sustainable Development.
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Upholstery manufacturer and retailer Sofa.com could veer from its monobrand history for the first time according to weekend press reports.
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High end furniture maker and retailer Linley recorded a bigger a loss in 2017–18 because of project delays and a strategy pivot but said the future remains bright for the company.
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Window dressings manufacturer Ena Shaw has introduced its first-ever collection of Montgomery branded ready made velvet curtains, designed and manufactured solely in the U.K.
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Residential and commercial furniture manufacturer Style Matters is upsizing after agreeing to move to larger premises at a North West industrial park.
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Associated Weavers, the Belgian carpet manufacturing giant, said it allocated significant funds to its entry into the luxury vinyl tile (LVT) sector in the U.K. market this year.
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- NEWS
Whitemeadow managing director Ian Oscroft is pictured with head of group human resources Karen Clarridge.
Nottinghamshire furniture manufacturer Whitemeadow has achieved Investors In People status, having met the requirement criteria and successfully passed an assessment for the people management standard.
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Lebus is one of the U.K.'s biggest sofa manufacturers.
A fall in overheads boosted profits at Lincolnshire sofa maker Lebus Upholstery after sales were hit by the long spell of sunny weather that brought six straight years of growth to an end.
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Two major European foam companies are in dispute after one accused the other of overstepping the mark in the region where the pair have operated a joint venture since the 1990s.
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- INTERNATIONAL
Giorgetti, the upmarket Italian designer furniture manufacturer, is opening a first U.K. showroom after signing a lease for a unit in West London.
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Heritage Upholstery Supplies has rebranded as Heritage Components in a move that reflects its evolution into a worldwide furniture components supplier.
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Kasen International Holdings, the one-time owner of a U.K. upholstery retail chain, recorded double-digit sales growth to Europe in the six months to end June.
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The largest U.K. distribution arm of Mohawk Industries, the world's biggest floorcoverings company, booked higher profits after sales growth outgunned the impact of narrower margins.
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Hush-a-Bye is becoming hushabye (new logo, inset). Its new edj mattress is pictured.
Bed business Hush-a-Bye is rebranding as hushabye with a refreshed identity that better reflects the brand's "tone of voice" according to Nick Gigg, md at the Airsprung Group owned manufacturer.
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Sales continued to build for Mlily.
Output continued to ramp up for the company behind the Mlily mattress and pillow brand in the first half of 2019 despite growth slowing in the second three months of that period.
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Dura Beds' West Yorkshire factory.
Batley mattress maker Dura Beds returned to growth in 2017–18 and says investment at its West Yorkshire plant will result in a further build out in sales.
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Customers of prestige British bed maker Savoir can buy certain products online from the company for the first time after it added transactional functionality to its website.
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Duff & Phelps says "progress has been made" in its bid to claw back cash from a foam supplier for the benefit of creditors of fallen upholstery chain Multiyork.
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One of the U.K.'s biggest rug and floormat suppliers said the downsizing of home improvement chain Homebase had a negative impact on sales last year.
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Melrose Interiors, one of the country's largest independent rug suppliers, closed out a seven-figure property sale this summer after earlier completing a "landmark relocation."
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Rising shipments from Asia powered the increase.
Living, dining and bedroom cabinet imports to the U.K. have trended up in mid single-digits in the first half of 2019 driven by shipments from the Far East.
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Natuzzi has vast manufacturing operations.
Italian sofa giant Natuzzi says it will sell non-strategic assets and revise its worldwide manufacturing configuration as part of plans to insulate itself from new tariffs.
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Revenue and profit growth returned for Westex last year, as the West Yorkshire carpet maker — part of the flooring conglomerate Victoria for nearly six years — delivered a best-in-class performance.
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- INTERNATIONAL
The new chief executive of Steinhoff International Holdings said its €9 billion debt pile is too high as he offered a vision of the future for the embattled conglomerate yesterday.
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One of the first direct-to-consumer sofa makers to allow shoppers to design their upholstery using an online configurator has agreed a company voluntary arrangement (CVA) with creditors.
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- FLOORCOVERINGS
June saw the weakest trade data in the year so far for the carpet industry as imports fell 6.3 percent on the same month a year ago. They remain ahead on a six-month basis.
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Sleepeezee is in line to reverse a 2018 top line decline this year.
The CEO of Sleepeezee says sales are tracking well ahead of 2018 as it annualises the announcement of the heritage British bed maker's owner plan to invest heavily in the business.
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DFS is one of Europe's largest sofa manufacturers as well as retailers.
DFS has declined to snuff out speculation regarding the employment status of Harvey Ellis, arguably the pound-for-pound holder of the seniormost role in U.K. furniture manufacturing.
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Sales growth accelerated at Essex sofa maker Alstons Upholstery in 2018, helping operating profits double for the Thai-owned manufacturer.
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La-Z-Boy is to consolidate upholstery production in the U.S. leading to the closure of one factory there and the shift of a cut-and-sew operation at another.
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The Lebus Dakota range, which includes Springbond.
The manufacturer behind Springbond, an eco-engineered material used as carpet underlay, has diversified into the upholstery sector after agreeing a supply partnership with Lebus.
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One of Europe's largest living, dining and bedroom cabinet furniture makers is to diversify into upholstery, building a new multi-million factory in Poland.
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Sales fell for the second straight year at East of England beds manufacturer Mansion House Bedding Group in 2018–19 but it hopes to reverse that this year with a strengthened sales team.
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New equity funding and a property revaluation helped boost the book value of premium upholstery business The Sofa & Chair Company in 2018, consolidated accounts for its holding company reveal.
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An estimated 1.75 million of over 8 million mattresses disposed of in 2018 escaped landfill.
The bed industry's efforts to reduce the amount of end-of-life mattresses ending up in landfill is paying off with recycling numbers having doubled in the past four years, new research suggests.
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Distributor and manufacturer Victoria has bolstered its roster of ceramic floorcoverings businesses with the acquisition of Spanish tile company Ibero in a deal worth up to an estimated £14 million.
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Silentnight is headquartered at Barnoldswick.
Silentnight Group, Britain's largest beds manufacturer and a key bellwether for the sector, posted lower sales and profits in 2018–19. It remained cash generative and cleared the last of its shareholder debt.
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Millbrook Healthcare, the largest division in the family-owned group that includes Millbrook Beds, has been sold to a specialist private investment firm. The bed manufacturing unit is unaffected.
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Fast-expanding cabinet furniture vertical Wren Kitchens has reached 80 stores nationwide with the opening of a new unit in Exeter.
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Sales advanced at major upholstery fabrics supplier Mobus in 2017–18, but profitability was "restrained by pressures on margins and a restructure of the business."
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- RETAIL & DISTRIBUTION
Spaceslide trades from more than half a dozen of its own showrooms.
The Yorkshire group behind the Spaceslide bedroom furniture brand returned to profit at the EBITDA line last year, while entering new sectors helped offset weak retail demand.
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London-headquartered upholstery vertical shrugs off tough conditions.
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Expanding kitchen maker and retailer Wren has gained various globally-known International Standards Organisation (ISO) accreditations for its factories in Yorkshire and Lincolnshire.
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Sofa.com's Edinburgh store.
The price paid and reason behind Sports Direct International's takeover of upholstery vertical Sofa.com has been disclosed for the first time. Neither will surprise many in the furniture trade.
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Diversified mattress maker and foam product supplier Comfortex bucked market headwinds to grow sales and profits in 2018, new accounts show.
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- LEGAL & RESTRUCTURING
The U.S. rescuer of the Smallbone of Devizes and Mark Wilkinson Furniture luxury kitchen companies has added another Wiltshire business after completing an insolvent takeover earlier this month.
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Worldwide sales advanced for Tempur Sealy International in the second quarter after its fast-growing direct business outpaced declining wholesale revenues.
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Diversified Far East furniture manufacturing giant Green River Group is divesting another of its furniture factories after agreeing the sale of a majority stake in a case goods plant to Samson Holding.
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No foam or glue will be used in the production of all new mattresses going into development from now onwards, Leeds bed maker Harrison Spinks has pledged.
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- FLOORCOVERINGS
Acquisitive floorcoverings manufacturer and distributor Victoria successfully placed £330 million of senior secured notes with bond investors Friday, revealing the pricing for the first time.
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- TRADE & INDUSTRY
The Government has issued its long-anticipated response to a 2016 consultation on U.K. furniture fire regulations, promising new procedures “consistent with those taken for other consumer products.” But change may be some time away.
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Stressless has become the latest big-name furniture brand to open its own U.K. retail showroom, taking a heavily-trafficked unit on one of London's prime furniture shopping streets.
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Revenue climbed again for Whitemeadow.
Whitemeadow, the U.K.’s largest management-owned sofa maker, booked larger profits on higher sales in 2018 as it outperformed a declining wider market.
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Flooring manufacturer and distributor Victoria is dusting off previously-jettisoned plans to launch a corporate bond, following through on comments made last week when it released its full year results.
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Profits jumped at Preston based sofa covers business Plumbs as efforts going back to 2016 to prune the company's cost base continued to yield improvements.
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- RETAIL & DISTRIBUTION
IKEA Industry, a manufacturing unit of the furniture retail conglomerate based out of the U.S. state of Virginia, is closing its factory there at the end of the year.
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Profits climbed at West Midlands motion furniture manufacturer Furmanac in 2017–18 after margin improvement from taking its fleet inhouse and a tax credit countered the impact of lower sales.
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An aborted financing exercise that left Victoria's chairman angered by onlookers with "less than pure" motives cost the acquisitive floorcoverings group a high seven-figure sum in wasted fees.
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Balta, the Belgian floorcoverings manufacturing group whose U.K. and Ireland sales number well over £100 million, has named the new head of its carpet production business.
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All DFS brands delivered like-for-like growth, the retailer said.
Sofa market leader DFS said underlying gross sales have climbed by 7 percent in the year to end June, but cautioned that its progress moving forward is partly dependent on factors outside its control.
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The Spinks Springs factory in Leeds.
The components arm of the Harrison Spinks mattress and bed technology group says its new spring system could redefine the beds sector in the same way bonnell springs and memory foam did years before.
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Lieven Vandendriessche has been appointed CEO of Latexco Group, the family of Luc and Carole Maes and the board of directors have announced.
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Keith Wilson has been prompted to president, International at La-Z-Boy.
Former La-Z-Boy U.K. md Keith Wilson has been promoted for the second time in just over a year, becoming responsible for all non-U.S. business at the upholstery giant after being named president, International.
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- FLOORCOVERINGS
The Archwood home improvement group, owner of flooring business Atkinson & Kirby and other timber products businesses, incurred a further loss in 2017–18 after revenue fell and costs increased.
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- TRADE & INDUSTRY
BFM drills down into the issues affecting furniture manufacturers.
One in four furniture manufacturers have made redundancies and nearly one sixth introduced short-term working as producers grapple with some of the most challenging trading conditions in years, according to a survey by BFM.
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- DATA & RESEARCH
Mattress production climbed though the overall bed market was impacted by divan production.
British furniture manufacturers' collective output declined last year with cabinet furniture producers and sofa makers among those seeing the biggest falls, new figures for 2018 reveal.
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Heritage bedding and soft furnishings supplier Bedeck returned to profit in 2017–18 after it recorded lower operating charges and an increase in revenue.
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Danzer, the €202 million turnover decorative hardwood supplier that lists manufacturers of floorcoverings and furniture among its clientele, is to close one of its European factories.
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The Three Sixty bed by Savoir has just gone into Harrods. The model pictured retails for £330,000.
Savoir, whose beds retail for an average of about £25,000 each, posted record sales and a high single-digit net margin in 2018 after it consolidated its presence in key international markets.
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Cormar's new Hemel Hempstead distribution centre spans 130,000sqft.
Sales jumped in high single-digits for Bury carpet maker Cormar in 2017–18 with the company controlling costs to return to bottom line growth.
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Revenue jumped by more than a fifth for North West soft furnishings supplier Cleland McIver in 2017–18 as the privately-owned company built on its investment in new warehousing.
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R.A. Irwin & Company, which produces mattress ticking and window blind fabrics, recorded a bigger loss in 2017–18 but maintained sales and boosted cash.
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- FURNISHINGS & ACCENTS
High-end fabrics company Walker Greenbank has made a distribution agreement with Kravet to replace Robert Allen Duralee as the U.S. distributor of its Clarke & Clarke and Studio G brands.
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- CASE GOODS
Expanding kitchens vertical Wren is planning a Midlands recruitment event, where it hopes to offer an instant route back into work for staff impacted by the insolvency of retailer Bathstore.
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- RETAIL & DISTRIBUTION
Multiyork's empty Tottenham Court Road store, subsequently taken over by IKEA for a planning studio.
Former employees of Multiyork have received a combined six-figure sum after an Employment Tribunal found the upholstery vertical failed in its legal obligation to its staff during the redundancy consultation period before its 2017 collapse.
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- RETAIL & DISTRIBUTION
Prestige kitchen and bedroom furniture maker and retailer Roundhouse booked lower underlying revenue in 2018 but the value of deposits held at the year-end indicate it may reverse that this year.
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- BEDS & MATTRESSES
Dreams has been owned by Sun Capital since 2013.
Sun Capital, the private equity company that owns Dreams, collected an eight-figure dividend last year after the debt-free national bed specialist generated more cash than it had in the previous year.
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- RETAIL & DISTRIBUTION
The majority if not all of Steinhoff's U.K. corporate entities have shortened their 2017–18 financial year by a day, meaning accounts for the period are now not due for another three months.
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East Midlands upholstery and soft furnishings producer Leisure Furnishings found extra margin in 2017–18, countering the impacting of lower sales.
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- FLOORCOVERINGS
The West Yorkshire company behind the Burmatex carpets business has warned half-year profits will be lower than last year after a weak second quarter.
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- TRADE & INDUSTRY
Whitemeadow made the list for the fourth time.
Well over a dozen furniture and flooring industry businesses have been featured in the 1,000 Companies To Inspire Britain 2019 report, including sofa maker Whitemeadow and guest bed producer Jay-Be.
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Board change for owner of Britain's biggest beds manufacturer.
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- FURNISHINGS & ACCENTS
The privately-owned Preston design and manufacturing group behind the iLiv and SMD interior textiles brands built a bigger export business in 2017–18.
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- CASE GOODS
Revenue fell and losses widened ahead of the prepack sale of the business and assets of bedroom cabinet manufacturer Harrison Brothers (Furniture), administrators have disclosed.
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At The Helm's new gallery concept.
At the Helm, the new brand launched by upholstery supplier Hydeline Furniture at the beginning of 2019, is introducing an instore gallery concept to leading U.K. retailers.
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New role for former Silentnight and Harrison Spinks executive.
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Privately-owned kitchen furniture producer Burbidge slipped to a 2017–18 deficit after revenue fell and its cost of sales increased. A pension gain boosted its book value.
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- RETAIL & DISTRIBUTION
98 percent of Sharps' business is derived from bedroom furniture sales.
Fitted bedrooms vertical Sharps maintained forward momentum in the six months to end March as the manufacturer and retailer shrugged off a tough macro environment to increase sales and profits.
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- RETAIL & DISTRIBUTION
Sharps, the 78-store bedroom furniture maker and retailer backed by Sun Capital Partners, is planning to list corporate bonds issued last year on a Swedish exchange.
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Sigma 3's Moda modern bedroom range.
Kitchen, bedroom and home office furniture maker and retailer Sigma 3 posted sales growth in 2017–18 but profits declined as higher costs impacted margins.
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Dreams was bought by Sun European in 2013.
Bed specialist Dreams says sales and profits advanced again despite a difficult U.K. retail backdrop last year, a fifth straight improvement since it was bought by private equity company Sun Capital Partners in 2013.
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Tempur Sealy products will go back into 2,500 Mattress Firm stores during the final quarter of 2019.
Tempur Sealy International, the world's biggest bedding producer, says it has agreed a new supply agreement with Mattress Firm, the Steinhoff-owned retail giant, in a move that reverses the high-profile split between the parties two years ago.
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The business ceased trading in the spring of this year.
The phoenix company behind the brief resurrection of the vertically-integrated Wesley Barrell upholstery business has been placed into liquidation, more than two months after staff were told of its closure.
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Revenue fell and losses widened at the West Sussex kitchen manufacturer behind the Paula Rosa and Manhattan brands in 2018. Its outlook for this year improved after a surge in new business orders in the final quarter.
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- FLOORCOVERINGS
Lawton Yarns, the £37 million turnover carpet yarn spinner whose products are used by a range of U.K. floorcoverings manufacturers, has been sold in a prepack deal.
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- LEGAL & RESTRUCTURING
Parisot, a French furniture kit maker employing over 500 people whose products are sold into the U.K. retail market, has been placed into an insolvency process called redressement judiciaire.
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- SUPPLY & WHOLESALE
The owners of luxury goods group Clive Christian say it is "business as usual" for its furniture manufacturing division after its fragrance unit was sold.
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MA Platt, a small contract leisure and office furniture maker serving corporate clients, has been sold back to its owner in a prepack deal that provides continuity and saves jobs.
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Häfele UK grew both sales and profits last year.
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