Manufacturing News
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- UPHOLSTERY
Next's wholly-owned South Yorkshire sofa factory has registered its highest output since the general merchandise giant first started the endeavour seven years ago.
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- CASE GOODS
A French retailer with a U.K. turnover of £75 million has agreed to pay damages and costs to Cambridgeshire cabinet furniture supplier Teemo Designs after an intellectual property (I.P.) dispute.
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- EVENTS
Clarion Events says exhibition space in Hall 1 of the January Furniture Show has now sold out, more than two and a half months before the doors to the event open.
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- BEDS & MATTRESSES
Former England footballer David Beckham has signed to become a brand ambassador for premium bedding brand Tempur Sealy in its Asia-Pacific markets.
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- UPHOLSTERY
Upholstery and furnishings group Belfield said strong credit control helped narrow its operating cash burn last year in a period where the industry-wide chronic shortage of foam led to production disruption and inefficiencies.
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- UPHOLSTERY
Westbridge says the closure of one of its North Wales factories earlier this summer will bring operational benefits as the Belfield-owned sofa maker looks to bounce back from a challenging 2022.
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- UPHOLSTERY
Revenue reached its highest level since the credit crunch for Tetrad last year, but rising costs weighed on the bottom line.
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- RETAIL & DISTRIBUTION
U.K. beds market leader Dreams was among the standout performers for Tempur Sealy International in the third quarter of 2023 with its CEO calling out the retailer's leadership team for its "outstanding execution."
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- UPHOLSTERY
Raft will officially open the doors to its first designer furniture outlet on Saturday morning (Nov. 4, 2023), the upholstery vertical and cabinet retailer has announced.
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- SUPPLY & WHOLESALE
Premium lighting, homeware and occasional furniture supplier Porta Romana delivered class-leading profits in the year to end April on the back of sales growth and its ability to pass on price rises to customers.
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- BEDS & MATTRESSES
Leggett & Platt, the diversified industrial conglomerate best known here for supplying mattress components, said worldwide bedding sales continued to trend down in the third quarter as demand remained weak.
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- SUPPLY & WHOLESALE
The Fine Bedding Company found trade tougher through 2022/23 but still allocated six-figure resources to both capital expenditure and charitable endeavours.
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- BEDS & MATTRESSES
Fifth generation bed manufacturer Harrison Spinks has joined the Wild Ingleborough programme, a multi-partner, landscape-scale conservation project working with the local community to bring about nature’s recovery in parts of North Yorkshire and within the Yorkshire Dales.
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- UPHOLSTERY
Upholstery manufacturer and distributor TCM Living has appointed Andy Kennaugh as group chief executive with immediate effect.
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- TRADE & INDUSTRY
British Furniture Manufacturers (BFM) latest Industry Matters podcast is now available online, featuring an all-female lineup discussing the recent launch of the Women in Furniture Network.
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- CASE GOODS
Bespoke kitchens and furniture supplier Christopher Peters Kitchens & Interiors has been placed into liquidation with consumers owed in excess of £400,000.
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- COMMUNITY
The Furniture Makers’ Company, the City of London livery company and charity for the furnishing industry, has announced the winners of its 2023 Young Furniture Makers Awards and Prizes.
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- UPHOLSTERY
The chairman of TCM Corporation, majority owner of U.K. upholstery group TCM Living, says the company remains in the market for more takeovers, including from outside the sofa sector.
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- UPHOLSTERY
Pimol Srivikorn, chairman and major shareholder in TCM Living, says it is time the industry heard about the takeovers of two of the U.K.'s largest sofa makers "from the horse's mouth." As well as telling us what is coming next.....
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- UPHOLSTERY
Asset disposal specialists have begun a six-day sell-off of manufacturing equipment following the planned closure of the smallest production facility of a major upholstery vertical.
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- UPHOLSTERY
Rachael Nevins has decided to leave Belfield due to personal circumstances after a year as chief executive at the upholstery and furnishings group. Chief operating officer Tom Prestwich has become group md with immediate effect.
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- UPHOLSTERY
Jonathan Fearn has left his post as chief executive of TCM Living, the upholstery group behind the Alexander & James, Alstons, AMX Design and Ashley Manor businesses.
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- BEDS & MATTRESSES
West Yorkshire mattress maker Dura Beds booked lower profits last year as rising sales and wider gross margin were negated by higher costs elsewhere in the business.
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- UPHOLSTERY
Upholstery manufacturer and distributor La-Z-Boy U.K. has promoted Tristan Pyke from sales director to managing director.
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- TRADE & INDUSTRY
Four major Chinese furniture manufacturers saw their share prices fall to a year-long low on Monday as a sell-off among the country's largest companies spread across the Shanghai Stock Exchange.
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- TRADE & INDUSTRY
CPS, the multi-faceted print specialist that majors in providing services to beds and furniture industry clients, says it is on a path to net zero after making sustainability core to its business processes and products.
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- UPHOLSTERY
Sofas & Stuff established its own manufacturing facility last year in a period in which the upholstery retailer booked record revenue and made seven-figure investments.
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- BEDS & MATTRESSES
Beds retail market leader Dreams has launched a new £4 million brand campaign featuring Gillian Anderson, the Hollywood actor who starred in the X-Files and movies including The Last King of Scotland.
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- CASE GOODS
Benchmark, the premium cabinet furniture manufacturer co-founded by the late Sir Terence Conran and md Sean Sutcliffe, grew profits through 2022/23 as wider margins offset lower revenue.
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- SUPPLY & WHOLESALE
U.K. sales returned closer to pre-pandemic levels for high-end Italian designer lighting company Artemide last year, but at a cost to margins.
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- BEDS & MATTRESSES
Selling an underutilised area of its vast Trowbridge factory site along with other plant and equipment generated £10.9 million in cash for the Airsprung beds and upholstery group through 2022/23, masking a decline in underlying profits.
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- UPHOLSTERY
The management-owned rise and recline chair manufacturer behind the Recliners brand bolstered its balance sheet with high six-figure profits last year.
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- CASE GOODS
Privately-owned Wiltshire cabinet manufacturer Sylvawood Furniture has been placed into administration.
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- UPHOLSTERY
Revenue climbed to record levels for the second straight year at Colchester upholstered furniture manufacturer Alstons in 2022.
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- SUPPLY & WHOLESALE
Wider gross margin helped the North West supplier of bedding and household textiles under brands spanning Dorma to Content by Conran find a big performance boost through 2022/23.
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- SUPPLY & WHOLESALE
The U.K. comfort foam operations of Recticel were more profitable despite lower sales ahead of the business unit being carved out and sold to a private investment company earlier this year.
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- UPHOLSTERY
Stressless owner Ekornes delivered record revenue in the U.K. and Ireland last year, breaking a landmark that had stood for the upholstery giant since 2011.
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- BEDS & MATTRESSES
The value of Chinese mattresses arriving into the U.K. doubled in August in a rise out of step with the year-to-date trend.
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- FLOORCOVERINGS
The market capitalisation of AIM-listed flooring manufacturer and distributor Victoria fell by more than £70 million in a single day on Monday with its value now almost half what it was a month ago.
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- CASE GOODS
Weak demand for cabinet continued at the height of the summer as the value of wood living, dining and bedroom goods maintained the trend of falling in every month so far this year.
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- BEDS & MATTRESSES
Kent bed maker Sleepeezee says it is well placed ahead of the final weeks of 2023 as it looks to maintain top and bottom momentum achieved through last year that helped it outperform its peers.
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- UPHOLSTERY
Sofa imports declined for a ninth straight month in August primarily as a result of weaker trade with European partners including Poland, Italy and Romania.
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- FLOORCOVERINGS
Belgium, habitually the largest exporter of carpets to the U.K., slipped to third in the rankings at the height of summer as it was usurped by near-neighbour Netherlands and fast-emerging rival Turkey.
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- SUPPLY & WHOLESALE
Half-year profits advanced for Sanderson Design Group (SDG) as the premium interior design and furnishings supplier enjoyed the benefit of new licensing agreements.
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- UPHOLSTERY
Profits declined but remained class-leading at global fabrics giant Romo last year ahead of a transaction that saw of one of the founder's great-grandsons buy out another.
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Turnover at the furniture factory gate fell at its sharpest rate in two and a half years in August, according to new official data released Thursday morning.
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- UPHOLSTERY
Stakeholders seeking to reshape the U.K.'s furniture fire regulations have a diminishing window in which to influence change, with a Government consultation due to close in under two weeks.
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- BEDS & MATTRESSES
Tempur Sealy International, the world's largest bedding company and one of the principal actors in the U.K. beds market, has closed a $1.65 billion (£1.34bn) refinancing of its credit facilities, extending its debt maturities.
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- UPHOLSTERY
Profits returned for TCM Living group last year on the back of sales growth, a strong performance from its Alstons business unit, and the disposal of Arlo & Jacob.
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- EVENTS
British Furniture Manufacturers (BFM) will bring a new approach to connecting buyers and sellers at its inaugural Future Component Expo (FCExpo) next year by hosting an Innovation Trail.
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- FLOORCOVERINGS
Profits declined at flooring giant Amtico last year as it absorbed rising costs and upped its warranty provision in relation to a discontinued product line.
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- BEDS & MATTRESSES
The joint venture that acquired Sealy U.K. three years ago has taken total investment in the Cumbria bed maker to approaching ten times the initial outlay that was made to buy the operation off Silentnight Group.
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- FLOORCOVERINGS
Fleur Carson has been promoted to U.K. managing director at Karndean Designflooring. She succeeds Paul Barratt, who has decided to step down after 11 years in the role at the luxury vinyl tile supplier.
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- RETAIL & DISTRIBUTION
Restructuring advisors have queried an asset sale that led to a new entity under common control taking over the retailer trading as The Children's Furniture Company earlier this year.
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- CASE GOODS
Two experienced managers have acquired Cheshire furniture maker and retailer Bluebell Fitted Furniture in a leveraged buyout that provides an exit path for the business' two founders.
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- SUPPLY & WHOLESALE
Upstream supply chain rivals Carpenter and Vita Group both found single digit growth last year in a period upended by supply chain challenges and M&A activity.
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- DEALS & FINANCE
Bedroom furniture retailer Sharps has acquired Fittingly, the Stoke-on-Trent challenger fitted furniture brand that launched shortly before the pandemic.
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- RETAIL & DISTRIBUTION
More furniture and flooring industry companies filed for insolvency in the third quarter of this year than in the first three quarters of 2021 combined as tough trading across the sector led to record corporate imperilment.
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- UPHOLSTERY
A major Chinese upholstered furniture producer that once owned a 22-store U.K. furniture chain is to invest in land in Cambodia as part of plans to shift part of its production from its homeland.
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- UPHOLSTERY
West Midlands sofa manufacturer Ashley Manor Upholstery more than halved its net loss last year after a large reduction in sales costs.
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- BEDS & MATTRESSES
North East sofa maker and retailer Delcor has partnered Leeds manufacturer Harrison Spinks to launch an updated premium beds programme across an initial three stores and online.
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- BEDS & MATTRESSES
The Vita Group, the diversified industrial giant that produces block foam, finished mattresses and flooring underlay, has appointed Omar Hoek as its new chief executive.
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- FLOORCOVERINGS
The market cap of flooring roll-up Victoria dropped by more than £67 million in a single day on Tuesday in what proved a rough day all round for floorcoverings conglomerates.
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- UPHOLSTERY
Upholstered furniture vertical Sofa.com has reached out to apologise and reassure customers amid delivery issues brought about by a warehouse move and switch to a new logistics partner.
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- RETAIL & DISTRIBUTION
Wren Kitchens has replatformed one of its factories as a dedicated bedroom furniture plant as it rolls out displays of its fitted bedroom offer across its entire 100+ store retail network.
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- BEDS & MATTRESSES
A mattress maker that sold beds direct to the public from its own factory showroom in Nottingham has ceased trading and been placed into liquidation.
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- BEDS & MATTRESSES
The National Bed Federation (NBF) presented Jessica Alexander, whose career with the trade association spans 37 years, with a surprise Lifetime Achievement Award at the Bed Show Gala Dinner & Awards Ceremony last week.
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- BEDS & MATTRESSES
Beds and sofas group Airsprung has consolidated production after moving its Cavendish Upholstery manufacturing operations to its Trowbridge headquarters.
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- UPHOLSTERY
Halo Creative & Design, the circa £150 million turnover international furniture group, has increased its equity position in South East sofa manufacturer Dudgeon.
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- BEDS & MATTRESSES
The National Bed Federation (NBF) will look to encourage a new generation of young people into the U.K. and Irish bed industry after creating a recruitment video targeting school leavers and university graduates.
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- CASE GOODS
A two-store furniture retailer has settled with Core Products after it was accused of copying several of the Scottish cabinet supplier's designs.
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- SUPPLY & WHOLESALE
Swedish kitchen giant Nobia has finalised the sale of its freehold manufacturing property in Dewsbury in an all-cash deal worth £13.6 million.
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- UPHOLSTERY
Wider gross margin helped mitigate a sharp fall in sales for upholstery vertical Natuzzi in the second quarter as revenue fell at a steeper rate than in the first.
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- BEDS & MATTRESSES
The closure of West Yorkshire mattress manufacturer Diamond Beds leaves financial and trade creditors facing a shortfall on their outstanding debts.
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- TRADE & INDUSTRY
Trade association British Furniture Manufacturers (BFM) has opened the entry process for its second Future of Furniture Awards, celebrating education and sustainability across the industry.
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- UPHOLSTERY
Sofa manufacturer and wholesaler Scan-Thors (U.K.) returned to profit last year after a decision to bring more of its production in house yielded big margin improvements.
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- FLOORCOVERINGS
Flooring conglomerate Victoria moved to reassure shareholders on Friday after what it described as the "considerable reaction" to its auditor offering a qualified opinion on its 2022/23 results, a consequence of incomplete accounting records at a subsidiary called Hanover Flooring.
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- TRADE & INDUSTRY
The co-founder of Anti Copying In Design (ACID) says there is still much to be done to "change the pervading culture of design theft" as the organisation celebrates its 25th anniversary.
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- UPHOLSTERY
The owner of adjustable beds and riser chair maker Sitting Pretty had its business recapitalised last year in a transaction that vaporised £11 million of debt.
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- BEDS & MATTRESSES
A Somerset based group whose activities span mattress production to the sale of bedroom cabinet furniture via online marketplaces booked a loss last year after sterling dropped in the aftermath of "the disastrous mini-Budget."
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- BEDS & MATTRESSES
Beds market leader Dreams opened up its Oldbury factory on Thursday to celebrates the 20th anniversary of mattress production at the West Midlands site.
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- UPHOLSTERY
Employee-owned sofa maker Lebus Upholstery says its objective is to reduce debt amid a backdrop of more expensive borrowing costs following recent interest rates rises.
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- UPHOLSTERY
A U.K. operator of Natuzzi upholstery stores that is majority-owned by a franchisee delivered seven-figure profits and bolstered its balance sheet last year.
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- BEDS & MATTRESSES
Receivers have taken control of part of a Lancashire mattress factory in an effort to recover funds for creditors, almost three years since the last known trading company operating from the site folded.
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- BEDS & MATTRESSES
A property sale helped boost cash at the group behind the Adjustamatic Beds business and Varimatic furniture brand last year against a background of tougher trading conditions.
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- BEDS & MATTRESSES
The National Bed Federation (NBF) last night crowned the winners of its 2023 Bed Industry Awards at the Bed Show Gala Dinner in Telford, as well as recognising the career of its longtime executive director Jessica Alexander.
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- BEDS & MATTRESSES
The CEO at Beales has retaken control of the department store retailer, ending its spell in the same corporate group as home furnishings chain Fabb Furniture.
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- BEDS & MATTRESSES
Mattress brand Brook + Wilde is back after its new owner relaunched its ecommerce platform with a revised logotype and updated url, both reflecting its new corporate name.
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- UPHOLSTERY
Upholstery group Belfield has appointed a new chief financial officer, filling a role that has been vacant since the departure of former Vita Group finance director David Meltham late last year.
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- UPHOLSTERY
Upholstered furniture manufacturer Whitemeadow cemented its position as the U.K.'s largest wholly-independent sofa maker last year, outperforming its domestic peers.
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- FLOORCOVERINGS
The group behind North West manufacturer and flooring insurance claims handler Cavalier Carpets found earnings growth last year despite lower revenue.
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- UPHOLSTERY
DFS has signposted the expected financial costs associated with the planned closure of its 24,000sqft Long Eaton manufacturing site, the smallest of the retailer's three sofa factories.
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- BEDS & MATTRESSES
Silentnight, already the U.K.'s biggest bed maker, could become more than three times the size of its next largest equivalent after massive sales growth through the early months of its 2023/24 financial year.
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- CASE GOODS
Imports volumes across key case goods categories climbed for the first time in well over a year at the height of summer, driven largely by lower prices.
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- UPHOLSTERY
Upholstered furniture manufacturer and retailer The Sofa Library is to double store numbers with the opening of a new store on the South Coast.
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- BEDS & MATTRESSES
The National Bed Federation (NBF) is to research how the industry can measure the cleanliness of reused and recycled materials from beds and mattresses thanks to a knowledge transfer partnership (KTP) with Manchester Metropolitan University (ManMet).
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- BEDS & MATTRESSES
Mattress imports returned to growth in July with the product category on track for a new record high over the course of a full year despite inconsistent figures through 2023 so far.
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- TRADE & INDUSTRY
The Furniture Makers’ Company has unveiled the logo for MyFurnitureCareer.org.uk, the new early careers website launching later this month.
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- UPHOLSTERY
Weak figures from key European source markets sent sofa imports to an eighth consecutive year-on-slide in July. Chinese imports also fell, but at a shallower rate.
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- DEALS & FINANCE
The insolvent buyout of Midlands kitchen maker Mereway by South Wales based Sigma 3 leaves most creditors nursing an expected shortfall, according to a new report.
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- RETAIL & DISTRIBUTION
Profits declined from a record high for HSL last year as the upholstered furniture and beds specialist booked higher costs, outweighing the impact of double-digit sales growth.
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- FLOORCOVERINGS
Aquafil, the world's largest supplier of textile flooring yarn, is planning to close its Scottish carpet yarn facility with the expected loss of more than 30 jobs.
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- EVENTS
British Furniture Manufacturers (BFM) is moving its longstanding fabric show to a new dateline and venue and will run it alongside the inaugural Furniture Component Expo in 2024.
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- FLOORCOVERINGS
Carpet imports returned to negative year-on-year territory in July after a rare increase at the start of the summer proved to be just a blip.
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- UPHOLSTERY
Upholstery market leader DFS plans to consolidate production at its larger factories resulting in the planned closure of its Berkeley Magna plant in Long Eaton, and a nearby woodmill that supplies it.
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- BEDS & MATTRESSES
The upstream mattress and upholstery supply chain has limited bad debt exposure following the reorganisation at the motion furniture group behind the MiBed and Hestia brands, according to new statutory filings.
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- SUPPLY & WHOLESALE
U.K. factory gate furniture turnover declined at its sharpest rate in 29 months in July but the Office for National Statistic (ONS) says the previous three months were not as bad as originally reported.
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- TRADE & INDUSTRY
Two furniture industry organisations have teamed to launch a free service that will support furniture and furnishing businesses in closing their skills gaps and recruiting new apprentices.
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- SUPPLY & WHOLESALE
Post-pandemic revenue recovered for the U.K. arm of high-end Italian furniture maker Poltrona Frau but higher costs weighed on the bottom line.
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- BEDS & MATTRESSES
The Dewsbury beds manufacturer behind the Komfet brand has filed for insolvency leaving creditors facing a forecast shortfall of approaching £2 million.
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- SUPPLY & WHOLESALE
Sean Holt has been named managing director of Commercial Interiors U.K. (CIUK), the trade association representing the contract furniture and furnishings sectors.
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- CASE GOODS
Lancashire fitted furniture manufacturer J&J Ormerod (JJO) agreed a new multi-million credit facility last year as it continued to fund the purchase of a majority stake in the business by its employees in 2021.
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- BEDS & MATTRESSES
The largest owner of IKEA stores worldwide is expanding mattress recycling to more European markets but says not enough is being done to disincentivise others from incinerating old goods.
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- BEDS & MATTRESSES
High-end Devon bed maker Enchanted House maintained upwards momentum last year as it continued its ascent after investment through the pandemic.
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- BEDS & MATTRESSES
A gear shift in output through the pandemic has put Birmingham bed manufacturer Dreamland Beds in the Premier League of U.K. bed manufacturing in terms of size.
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- BEDS & MATTRESSES
Top end bed manufacturer and retailer Savoir boosted revenue and earnings power through 2022 amid receding pandemic impacts and wealthy clients continuing to buy.
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- UPHOLSTERY
Sofa covers, re-upholstery and curtains company Plumbs made headcount reductions as it sought to find cost savings amid an increasingly challenging market last year.
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- BEDS & MATTRESSES
West Yorkshire bed manufacturer Kelcol Bedding Co landed six-figure profits in the first year since the founding Kelly family sold the business.
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- BEDS & MATTRESSES
The West Midlands manufacturer behind the adjustable beds and upholstery brands MiBed and Hestia has effected a second corporate restructure inside a little over a year in a move owners say will lead to lower prices.
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- BEDS & MATTRESSES
West Yorkshire bed manufacturer Jay-be is to ramp up its international aspirations after securing a £2.5 million funding package, guaranteed by the U.K. Government's export credit agency.
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- RETAIL & DISTRIBUTION
Experienced kitchen industry executive Damian Sheridan has joined Wren Kitchens in a newly-created role aimed at galvanising its launch into the developer and house builder market.
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- BEDS & MATTRESSES
The National Bed Federation has paid tribute to the seven manufacturing members that will sponsor the 2023 Bed Show, as well as the event's official supporters.
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- FLOORCOVERINGS
Tufted and woven carpet exports from Belgium, Europe's largest carpet manufacturing nation, dropped last year as the Netherlands, its biggest rival and near-neighbour, made gains.
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- DEALS & FINANCE
Foam company Orsa Foam, a key supplier of semi-finished products for both the mattress and upholstered furniture sectors, is buying out its joint venture partner.
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- UPHOLSTERY
Upholstered furniture giant Ekornes booked higher year-on-year revenue in the U.K. and Ireland in the second quarter of 2023 as it recovered from a slow start to the year.
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- CASE GOODS
A high-calibre cabinet vertical owned by the founders of Pinetum, once one of the largest cabinet makers in the UK., has reopened its Wiltshire showroom following a complete rebuild.
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- DEALS & FINANCE
The South Wales group that rescued Midlands kitchen manufacturer Mereway last week did so through a new corporate entity.
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- SUPPLY & WHOLESALE
A freight forwarder later named one of the largest unsecured creditors of Kettle Interiors U.K. had become its landlord three months before the furniture wholesaler's insolvent restructure earlier this year.
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- RETAIL & DISTRIBUTION
The group behind direct-to-consumer adjustable furniture brand Willowbrook has promoted from within for its new chief financial officer after the previous incumbent agreed to take a new role.
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- UPHOLSTERY
Upholstered furniture vertical Arlo & Jacob is expanding its retail footprint with the opening of new showrooms in Cambridgeshire and Surrey in addition to a previously-announced store in Cheshire.
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- BEDS & MATTRESSES
Bedding giant Tempur has collaborated with Xbox to create a one-off gaming chair to mark the launch of Starfield, a highly-anticipated new video game.
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- UPHOLSTERY
Falling orders and rising costs meant Acclaim Upholstery was unable to service its debts ahead of the private label sofa maker being placed into administration earlier this summer, according to a new report by restructuring advisors.
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- BEDS & MATTRESSES
A large majority of recent mattress purchasers say they would have been prepared to pay more if they knew the product had been designed and constructed so as to avoid ending up in landfill at the end of its life.
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- BEDS & MATTRESSES
Restructuring advisors have pinned the closure of West Yorkshire cot and mattress supplier The Hand Made Mattress Company on a steep fall in sales following the loss of two major customers.
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- EVENTS
BeA Group U.K. has become the second headline sponsor of Furniture Component Expo, the new trade show taking place next spring.
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- FURNISHINGS & ACCENTS
Restructuring advisors have been called in at Bridstock Gate, the bedding suppler that trades as Portfolio Home, after the company was hit by a downturn in trade.
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- FLOORCOVERINGS
Underlay supplier Ball & Young found top line growth last year saying new customers came aboard as specifiers and consumers are increasingly demanding real sustainability that goes beyond fine words and hopeful claims.
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- BEDS & MATTRESSES
Mattress industry pioneer Stuart Hibbert has been appointed chief operating officer at Shire Beds, the privately-owned West Yorkshire bed maker.
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- UPHOLSTERY
One of the largest suppliers of foam and fibre interiors used in U.K. upholstery production battled upstream challenges ranging from price hikes to chemical shortages through 2021/22, according to new accounts.
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- SUPPLY & WHOLESALE
Wallpaper company Graham & Brown has begun a consultation with employees after proposing to close a manufacturing facility in Blackburn, the Lancashire town where it was founded in 1946.
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- UPHOLSTERY
A second former colleague of CEO Rachael Nevins has taken a senior C-suite post at Westbridge and Tetrad owner Belfield amid a number of structural and functional changes at the private equity backed upholstery and soft furnishings group.
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- BEDS & MATTRESSES
Aspire Furniture, the Leeds manufacturer and distributor of beds and mattresses, has named Charlie Oulton as non-executive chair.
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- CASE GOODS
Half-year living, dining and bedroom cabinet imports declined by more than a third after falling in every single month of 2023 so far.
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- BEDS & MATTRESSES
A North West supplier will manufacture, market and relaunch the Brook + Wilde brand after the direct-to-consumer mattress retailer's former operating company was placed into liquidation last week.
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- FLOORCOVERINGS
The market capitalisation of flooring conglomerate Victoria dropped by nearly £53 million on Tuesday after the company said its auditors have requested further time to complete their final audit procedures.
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- RETAIL & DISTRIBUTION
Consumer prices rise for household furniture eased to their lowest level in over two years last month, but flooring inflation remains stubbornly high.
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- FLOORCOVERINGS
The value and volume of carpet imports into the U.K. advanced for the first time so far this year in June, but the improvement was not enough to eliminate the decline in first half trade.
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- TRADE & INDUSTRY
The Furniture Makers’ Company (TFMC) is launching MyFurnitureCareer.org.uk, an early careers website that aims to reduce the growing skills gap and attract young people into the industry.
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- EVENTS
New or smaller British Furniture Manufacturers (BFM) members looking to exhibit at the January Furniture Show for the first time will be offered discounted rates as part of a tie-up between organiser Clarion Events and the trade association.
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- UPHOLSTERY
A combination of weak demand and key stakeholders working stock levels back to historic norms meant sofa imports dropped by almost a quarter in the first half of 2023.
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