Manufacturing News
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- BEDS & MATTRESSES
Online sales and the unleashing of pent-up consumer demand helped keep a lid on the order decline at high-end bed maker Vispring last year.
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- SUPPLY & WHOLESALE
Confidence among U.K. furniture makers has improved as the retail sector emerged from lockdown restrictions to a surfeit of new orders.
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- FLOORCOVERINGS
Victoria, the acquisitive flooring conglomerate, has agreed to buy Dutch artificial grass supplier and carpet backing company Edel Group from its private equity owners.
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- TRADE & INDUSTRY
Batley based furniture maker and retailer HSL is among several industry companies claiming a Queen's Award for Enterprise for 2021.
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- UPHOLSTERY
Whitemeadow, the upholstered furniture manufacturer that employs over 650 people across its East Midlands factories, has launched an online Careers Hub.
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- UPHOLSTERY
Upholstery vertical Sofa.com found extra margin and modest pro-rata sales growth in the first period since it was bought by Frasers Group in 2019.
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- UPHOLSTERY
Sofa maker Furnico said excellent cost management and internal efficiencies helped it find additional margin last year, mitigating a lockdown-induced turnover drop.
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- BEDS & MATTRESSES
Widening its network of suppliers and rationalising some raw material products has helped Hypnos steer a course through supply chain challenges, the company has said in just-filed accounts.
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- UPHOLSTERY
Upholstery market leader DFS has appointed a new creative agency to manage its advertising account, ending a 10-year association with current incumbent Krow Communications.
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- BEDS & MATTRESSES
Batley bed maker Apollo Beds bolstered its balance sheet after landing an increase in profits in the period taking in the first few months of the pandemic.
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- UPHOLSTERY
Upholstery conglomerate La-Z-Boy is among a number of investors joining a $15 million Series B funding round for U.S. furniture ecommerce company Floyd.
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- SUPPLY & WHOLESALE
The price of materials and fuels used by U.K. furniture makers rose at its fastest pace in nearly three years in March, new official figures show.
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- UPHOLSTERY
Nicoletti Home, the Italian sofa manufacturer, will host a U.K. appointment-only event for its British and Irish furniture customers in Nottingham next month.
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- BEDS & MATTRESSES
Savoir Beds, the prestige bed manufacturer and retailer, is this week opening a new flagship showroom in the heart of Mayfair, London.
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- CASE GOODS
Leeds fitted furniture vertical Strachan remained cash generative and profitable despite sales falling as a result of the first lockdown last year.
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- BEDS & MATTRESSES
The National Bed Federation (NBF) is hosting and streaming regular video podcasts online as it looks to harness the expertise of leading industry professionals across the mattress sector.
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- RETAIL & DISTRIBUTION
New DFS filings disclose the market-leading upholstery group's cash position through the rump of the just-ended lockdown as well as early pandemic figures for two of its furniture retail subsidiaries.
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- UPHOLSTERY
Profits climbed on higher sales and wider margins last year for sofa manufacturer Ashwood Designs against a backdrop of increasingly difficult market conditions with the impact of the pandemic and Brexit.
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- UPHOLSTERY
Nicoletti Home says worldwide revenue is up 20 percent so far this year with the Italian sofa maker calling for raw material suppliers to better support manufacturers so the industry can continue to meet demand.
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- UPHOLSTERY
Upholstery imports into the U.K. jumped by almost a quarter in February despite almost every major source nation for British buyers seeing a year-on-year decline.
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- FLOORCOVERINGS
Carpet and rug imports from Turkey are up more than a quarter in 2021 so far according to new official figures, helping mitigate the continued fall in the value of goods coming in from historic trading partners.
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- BEDS & MATTRESSES
Keen & Toms Holdings, parent to bed maker Hypnos and bed delivery company Keen & Able, cut its net loss in half in 2019–20, a year it described as challenging but with many sustainable accolades.
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- SUPPLY & WHOLESALE
February saw Britain's furniture makers complete a 12th straight month of declining year-on-year manufacturing turnover, according to new official figures.
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- TRADE & INDUSTRY
Furniture and furnishing industry failures dropped to a record low in the first quarter of 2021 according to official insolvency filings, we revealed last week. There are only three plausible explanations as to why.
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- CASE GOODS
Nobilia, Europe's largest kitchen manufacturer, has recapitalised its U.K. kitchen retail business Kutchenhaus via a seven-figure equity injection.
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- BEDS & MATTRESSES
The biggest challenge for bed manufacturers is not demand, but how to fulfil it and make a profit in the process, according to new data from the National Bed Federation (NBF).
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- FLOORCOVERINGS
The easing of travel restrictions around the world is helping grease the wheels of Victoria's acquisition strategy, with the flooring conglomerate soon to announce new takeovers.
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- UPHOLSTERY
West Midlands sofa maker back in the black in 2019–20 after adjustments to raw material sourcing yielded margin improvements for the company.
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- UPHOLSTERY
Italian sofa giant Natuzzi is in talks with a large Vietnamese furniture maker that could see it expand its operations in the Asia Pacific region. It follows a similar arrangement made with the owner of the Kuka brand in 2018.
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- BEDS & MATTRESSES
Bed manufacturer Burgess Bedding and pocket spring maker Wolf Components have joined the National Bed Federation (NBF), the trade association has announced.
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- UPHOLSTERY
Upholstery revenue from customers in Europe climbed double-dight last year for the business that once ran U.K. sofa chain Easy Living Furniture.
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- TRADE & INDUSTRY
The number of U.K. furniture, flooring and furnishings companies falling insolvent fell to record lows in the first three months of 2021, despite limited trade because of coronavirus restrictions.
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- FLOORCOVERINGS
Rochdale manufacturer Penthouse Carpets said trading was steady ahead of the arrival of the pandemic with the final three months of its financial year hit by the first lockdown.
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- BEDS & MATTRESSES
Kent bed manufacturer Sleepeezee has launched a spring price promotion for National Health Service (NHS) staff running throughout April.
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- UPHOLSTERY
Upstream cost pressures continue to create supply chain difficulties according to the managing director of Wade Spring, whose customers include many of the U.K.'s most important sofa manufacturers.
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- BEDS & MATTRESSES
A small mattress business in West Yorkshire has changed its company name following an objection from Belgian bedding and components company Latexco NV.
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- BEDS & MATTRESSES
The National Bed Federation (NBF) has launched Associate Supplier Membership, a new category aimed at suppliers of component parts and services to bed manufacturers and retailers.
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- RETAIL & DISTRIBUTION
Fitted furniture vertical Hammonds preserved cash and remained profitable at the EBITDA line as a strong order book helped mitigate the impact of the first U.K. lockdown last year.
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- CASE GOODS
The ready-to-assemble cabinet furniture arm of diversified West Yorkshire manufacturing group Decorative Panels found growth in the lead up to the pandemic.
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- RETAIL & DISTRIBUTION
Ashley Ann, the fitted furniture vertical that operates its own showrooms in Scotland and sells to third party dealers in England and Wales, says profits will be smaller but still positive this year.
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- CASE GOODS
German bedroom furniture maker Rauch has aligned its product development and marketing functions and hired a new leader to run the merged unit.
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- BEDS & MATTRESSES
North East bed manufacturer Palatine Beds enjoyed positive trading in 2019–20 after it completed the delivery of a large-scale contract.
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- BEDS & MATTRESSES
Direct-to-consumer brand Emma - The Mattress Company has added more bed industry knowhow to its UK. and Ireland sales force as it looks to build a larger wholesale presence on the shop floors of key retailers.
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- DATA & RESEARCH
Consumer price inflation for furniture narrowed in February but the pressure on manufacturers continued to rise, according to official data out today.
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- UPHOLSTERY
A busy final quarter helped Stressless owner Ekornes achieve full year sales growth in the U.K. and Ireland last year, reversing earlier declines from the upholstery brand.
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- UPHOLSTERY
A new agreement with U.S. wholesale conglomerate Costco can pave the way for similar partnerships in other world markets, according to recliner maker IMG.
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- BEDS & MATTRESSES
Gomersal mattress, bed and upholstered headboard maker MA Living has has acquired additional business space in nearby Leeds ahead of anticipated growth.
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- BEDS & MATTRESSES
Sweet Dreams says actions to mitigate the impact of reduced consumer confidence as a result of Brexit and the loss of sales to Bensons for Beds have yielded a positive impact. It has also helped it deal with the pandemic, it said.
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- BEDS & MATTRESSES
Mattress and sleep brand Mammoth and the British Athletes Commission (BAC) have extended their long-running partnership for an additional year.
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- TRADE & INDUSTRY
Global furniture production fell sharply last year but the biggest market participants were hit less hard than their smaller contemporaries, according to a new report.
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- BEDS & MATTRESSES
Burnley bed manufacturer Sweet Dreams has appointed Bradley Ravenscroft as its agent for the West Midlands.
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- CASE GOODS
Structural cost savings and state support helped fitted furniture vertical John Lewis of Hungerford make inroads into losses in the six months to December 31, 2020.
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- BEDS & MATTRESSES
The National Bed Federation (NBF) is to talk to parents and professionals working with children and young people in the Lincolnshire area as part of an online conference organised by The Sleep Charity.
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- UPHOLSTERY
Clockwork Components, a key supplier of components and accessories to U.K. upholstery and bedding manufacturers, has acquired Motionmex, a longtime distributor of Leggett & Platt recliner mechanisms.
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- SUPPLY & WHOLESALE
Imports and exports of furniture and flooring fared worse than other goods and commodities in the first month since the end of the Brexit transition, initial Government data shows.
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- UPHOLSTERY
Upholstery shipments fell back in January on weaker figures from both China and Poland, the two largest sources of foreign-made sofas sold in the U.K.
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- FLOORCOVERINGS
The slog for Belgium's carpet makers continued at the start of 2021 with Britain's biggest trading partner for the category sustaining another sharp fall in the value of product arriving here.
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- SUPPLY & WHOLESALE
The National Lighting Company, one of Europe's largest suppliers of lighting to the retail market, found improvement last year despite the non-linear nature of trading through the pandemic.
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- SUPPLY & WHOLESALE
The value of furniture output from U.K. furniture factories fell for the eleventh straight month on an annual basis in January according to official data out this morning.
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- BEDS & MATTRESSES
Tempur Sealy International, the world's largest bedding producer, plans to extend the maturity profile of its long term debt with a new $800 million (£572m) senior notes offering.
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- FLOORCOVERINGS
Adjusted profits fell high single digits on a near €110 million sales drop for flooring giant Balta last year, with it slipping to a net loss overall after finance costs and non-cash write-downs.
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- SUPPLY & WHOLESALE
International interior furnishings supplier Sanderson Design Group has relaunched websites for all its individual brands along with refreshing its corporate presence online.
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- UPHOLSTERY
Furniture maker Sherborne Upholstery remained profitable and generated cash last year despite sales falling sharply on the back of Covid-induced factory and customer shutdowns.
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- FLOORCOVERINGS
A new nylon yarn aimed at residential carpet makers contains 75 percent recycled material and is itself "endlessly recyclable" according to its Belgian proponent.
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- UPHOLSTERY
DFS, already the largest upholstery producer in the country, is mulling further investment in U.K. sofa manufacturing as the pandemic and Brexit have highlighted global supply chain complexities.
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- CASE GOODS
Shareholders at Lancashire fitted furniture manufacturer J&J Ormerod (JJO) have decided to sell two thirds of the business to the company's employees, ending a long period of family ownership.
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- UPHOLSTERY
The giants of British upholstery retail are pushing deeper into the growing sofa-in-a-box market segment to compete with emerging challenger brands and entry-level incumbents such as IKEA.
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- BEDS & MATTRESSES
Kent bed maker Sleepeezee has donated £18,000 to The Children's Hospital Charity in Sheffield, part of its commitment to share a cut of all sales from its Jessica mattress.
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- FLOORCOVERINGS
The West Yorkshire wool supplier that owned heritage carpet maker Axminster until early last year has completed a restructuring process it initiated nearly two years ago to improve its finances.
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- BEDS & MATTRESSES
H.I.G., the U.S. headquartered investment group that bought Britain's biggest bed maker Silentnight a decade ago, has agreed a £25 million settlement with The Pensions Regulator (TPR).
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The Furniture Industry Research Association has published a guide to alternative materials and the pressures from specific consumer groups which might accelerate their adoption across the furniture trade.
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- UPHOLSTERY
The just-launched Cloud Sundae is the third upholstery programme from sofa-in-a-box brand Snug and stretches the company's price architecture into a more premium segment underpinned by new patent-pending technology.
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Revenue was flat for the second straight year at Manchester based converter of curtain and upholstery fabrics Fryett's, according to new figures for the period leading up to the pandemic.
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Lockdowns meant revenue fell in high single-digits for the group behind the Alstons, Ashley Manor and Alexander & James brands last year but high demand outside those periods prompted it to expand its production capability.
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- BEDS & MATTRESSES
Recticel, the Belgian foam conglomerate, has begun plans to offload its dedicated finished bedding manufacturing business following a strategic review.
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- FLOORCOVERINGS
Brockway Carpets slipped to a loss last year as a result one-off restructuring costs and the end of its financial year being hit by lockdown and customers such as John Lewis halting carpet operations.
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- BEDS & MATTRESSES
Steve Warren has become sole managing director at heritage U.K. bed maker Sleepeezee with Howard Wilson having decided to take the first steps towards retirement after 45 years in the mattress industry.
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- BEDS & MATTRESSES
Almost all U.K. bed manufacturers have already or will soon pass on rising input costs to retailers, according to a new poll by the National Bed Federation (NBF).
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- RETAIL & DISTRIBUTION
A ramp up in customer installations helped national bedroom retailer Sharps to a more than three-fold climb in profits in the final three months of 2020.
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- TRADE & INDUSTRY
The parliamentarian representing one of the bed trade's most industrious areas says the furniture industry needs to take steps to ensure it is not over reliant on E.U. markets.
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- SUPPLY & WHOLESALE
The CEO of Recticel has pinned rising prices for foam at the door of the chemicals sector, citing numerous force majeure events for creating supply shortages of polyols and isocyanates.
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- RETAIL & DISTRIBUTION
Profits more than doubled for the group behind the motion upholstery and beds brands Ashley Anderson and Willowbrook as revenue continued to rise in the lead up to the pandemic and in the period since.
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- FLOORCOVERINGS
Flooring manufacturer and wholesaler Victoria has issued £500 million of new bonds, more than 40 percent higher than originally planned after strong investor demand.
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- TRADE & INDUSTRY
A combination of high demand and routine maintenance could reignite foam supply issues according to Europur, the European Association of Flexible Polyurethane Foam Block Manufacturers.
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- FLOORCOVERINGS
Carpet and vinyl flooring manufacturers and distributors are facing up to supply shortages and cost increases for yarn, PVC and other raw materials with a significant knock-on effect expected for retailers.
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- BEDS & MATTRESSES
History could view the pandemic as the moment that sustainability issues went beyond awareness to actually influencing consumer decision-making, says a company at the vanguard of the circular beds economy.
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- BEDS & MATTRESSES
A 650 basis point improvement in gross margin helped counter the impact of lower revenue at comfort foam supplier Carpenter in the period leading up to the pandemic.
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The liquidator and lawyers chasing the former owner of Collins & Hayes for a portion of the seven-figure sum his company received for selling its intellectual property have scored a victory in the battle to recoup funds for creditors.
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- FLOORCOVERINGS
Carpet and flooring manufacturer and wholesaler Victoria is to refinance with a leverage-neutral bond issue for €350 million.
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- BEDS & MATTRESSES
David Fletcher has joined diversified Wakefield based manufacturer GNG Group as key accounts director for its beds division, including its Komfi brand.
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- BEDS & MATTRESSES
West Yorkshire bed manufacturer Duvalay has strengthened its senior leadership team with appointments that bolster its family-owned and run credentials.
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- BEDS & MATTRESSES
The chairman of Harrison Spinks says the pandemic has accelerated the bed maker's pace of innovation with it having launched a product at "hyper speed" when it was forced to close last March.
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- TRADE & INDUSTRY
Two MPs in furniture manufacturing strongholds will join the heads of Britain's leading industry trade associations for the second episode in the Innovation In Times Of Crisis webinar series.
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- RETAIL & DISTRIBUTION
Rising upstream supply chain costs have reached the consumer, with furniture retail price inflation increasing to its highest level since October 2017.
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- BEDS & MATTRESSES
A rush of imports in the final quarter meant Britain brought more foreign-made mattresses into the U.K. for the seventh year in a row in 2020.
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- UPHOLSTERY
A glut of containers arriving at U.K. ports from China in December meant sofa imports passed all previous record-highs for the second straight month as the industry rushed to get Christmas orders delivered.
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- SUPPLY & WHOLESALE
The British Furniture Manufacturers (BFM) is supporting a series of virtual round table events as it looks to gather industry opinion on the sector's path to a net zero carbon future.
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- FLOORCOVERINGS
Carpet imports into the U.K. climbed for a second straight month in December but it was a miserable end to the year for Belgian manufacturers, who have suffered more than most through 2020.
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- FLOORCOVERINGS
Profits climbed sharply at carpet maker Cormar in 2019–20 on the back of wider margins, surging demand following the first lockdown and after annualising non-recurring expenses from the previous year.
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- TRADE & INDUSTRY
The lobby group representing Britain's furniture industry has written to the Chancellor calling for support measures such as the furlough scheme to be extended when the Budget is announced next month.
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- SUPPLY & WHOLESALE
U.K. furniture manufacturers' output was down by more than a fifth in 2020 after falling in 11 of the 12 months of the year as the industry grappled with the virus and restrictions on trade.
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- FLOORCOVERINGS
Retail demand returned strongly after the first lockdown last year but the chairman of Ulster Carpets says the future is less certain for contract markets because of the effect of the pandemic on the hospitality sector.
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- BEDS & MATTRESSES
Profits fell at Silentnight last year as the U.K.'s largest bed manufacturer incurred higher costs including one-off legal expenses, a sign that its legacy pension challenges may be reaching a conclusion.
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- BEDS & MATTRESSES
Britain's biggest bed maker Silentnight has confirmed that all bar one of the retail showrooms it has launched in the past three years will not reopen once restrictions are eased.
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- UPHOLSTERY
BFM Fabric Show London is to take place at Twickenham Stadium from June 8–9, 2021, subject to small indoor trade events being permitted at the time.
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- TRADE & INDUSTRY
The Furniture Makers' Company, the trade charity and livery company, has enlisted captains of industry to be panellists on the first of its four webinars launching this month.
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- BEDS & MATTRESSES
The National Bed Federation (NBF) has developed a "bomb-proof" marketing pack to support retailers' efforts to promote sales during National Bed Month in March, irrespective of whether stores are open or closed.
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- UPHOLSTERY
General merchandise retailer Next put more upholstery volume through its own Yorkshire sofa factory in the run up to the pandemic while expanding headcount by 35 percent.
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- UPHOLSTERY
Lectra, a major supplier of machinery, software and consultancy to U.K. and global sofa manufacturers, has agreed to acquire rival Gerber Technologies in a deal worth €300 million.
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- BEDS & MATTRESSES
Historic bed maker Sleepeezee is to issue a legal challenge to a trademark application made by a West Yorkshire rival.
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- UPHOLSTERY
Harvey Roberts has been appointed managing director at upholstery manufacturer and distributor Hydeline Furniture.
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- BEDS & MATTRESSES
Mattress and foam products maker GNG Group has taken delivery of new automated machinery for its beds division in a move that ramps up its production capacity.
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- SUPPLY & WHOLESALE
Routine factory maintenance in the upstream foam supply chain could lead to further disruption for furniture manufacturers and their retail customers later this year, BFM has warned.
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- FLOORCOVERINGS
Balta Group, the major Belgian carpet manufacturer and one of the largest suppliers to the U.K. floorcoverings market, plans to refinance its long-term borrowing.
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- BEDS & MATTRESSES
The National Bed Federation (NBF), the trade association representing U.K. bed manufacturers, has announced four key hires to its 12-strong marketing committee.
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- RETAIL & DISTRIBUTION
Cashflow and orders were strong as the group behind custom cabinet maker and retailer Neville Johnson bounced back from the early months of the pandemic.
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- UPHOLSTERY
The Chinese furniture manufacturing conglomerate that bought HTL in 2016 says it will sustain a financial hit after writing down the value of its investment in the leather sofa maker.
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- BEDS & MATTRESSES
Hypnos, the Buckinghamshire based bed maker, has further bolstered its sustainability credentials with The Planet Mark - Carbon Neutral certification.
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- UPHOLSTERY
Upholstery conglomerate Man Wah Holdings successfully raised HK$2.36 billion (£222m) from investors following the planned share placing it had earlier signposted mid-January.
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- SUPPLY & WHOLESALE
The co-founders of soft seating category leader Bazaar Group have sold a majority stake in the business to Comhar Capital to help fund expansion in the U.K. and mainland Europe.
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- UPHOLSTERY
The company that last summer bought the business and assets of one of the U.K.'s first vertically-integrated direct-to-consumer sofa brands has booked six-figure profits.
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- SUPPLY & WHOLESALE
Colefax Group, the fabrics and wallpaper company with a big international business, says sales have been more resilient despite the imposition of new restrictions across the U.K. and export markets.
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- UPHOLSTERY
Half-year EBIT trebled as high-end upholstery manufacturer Kingcome Sofas found extra margin in the six months to end October.
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- SUPPLY & WHOLESALE
One of the executive directors at high-end British furniture and lighting company Established & Sons now owns almost a fifth of the business following a share issue last year.
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- TRADE & INDUSTRY
Manufacturers face short-term challenges but order books are strong and hopes for the future are high, says Nick Garratt, md at trade association BFM.
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- SUPPLY & WHOLESALE
Furniture makers' price inflation climbed for the sixth straight month at the end of 2020 suggesting fears from within the sector of forceful headwinds ahead are well founded.
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- BEDS & MATTRESSES
GNG Group, the West Yorkshire maker of mattresses and other performance foam products for sectors ranging from sports to healthcare, has promoted Darren Potterton to group managing director.
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- UPHOLSTERY
Sofa maker Tetrad has completed the remodel of its Preston showroom ahead of the launch of a series of new collections.
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- SUPPLY & WHOLESALE
Furniture maker Ercol (ercol) returned to profit at EBITDA level in 2020 after orders and delivered turnover outperformed levels management were budgeting for during the first lockdown, its chairman said.
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- SUPPLY & WHOLESALE
Profits at Sanderson Design Group, the luxury interiors manufacturer and wholesaler formerly known as Walker Greenbank, will rise after the company outperformed expectations.
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- FLOORCOVERINGS
The South Wales carpet manufacturing arm of flooring giant Victoria returned to profit in 2019–20 as it annualised millions of pounds of restructuring costs.
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- BEDS & MATTRESSES
The value of foam and sprung mattress imports into the U.K. slumped in November, arresting a two-month return to growth across the combined categories.
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- TRADE & INDUSTRY
Furniture makers are facing unprecedented increases in the cost of key raw materials according to trade association BFM, and retailers should brace for some of that to be passed on.
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- BEDS & MATTRESSES
Factory investment didn't immediately yield the expected jump in sales for Dura Beds, according to just-filed accounts for the Batley mattress maker in the period leading up to the pandemic.
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- UPHOLSTERY
British retailers and wholesalers imported more upholstery ahead of Christmas than in any other month since records began, new data compiled by The Furnishing Report shows.
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- FLOORCOVERINGS
U.K. imports of carpets and rugs advanced high single-digits according to newly-released November data as China, India and Turkey made gains while traditional manufacturing powerhouses continued to toil.
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- TRADE & INDUSTRY
Efforts to meet pre-Christmas delivery deadlines after strong demand through the summer and autumn meant U.K. furniture manufacturing output reached a year-long high according to new Government figures.
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- EVENTS
W Exhibition & Elements, the trade show for the furniture manufacturing and joinery industries, has been postponed until February 6–9, 2022, organisers have announced.
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- UPHOLSTERY
Man Wah Holdings, the upholstery and recliner giant with manufacturing operations across the Far East and Eastern Europe, hopes to raise the equivalent of £224 million to fund expansion and modernisation activities.
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- TRADE & INDUSTRY
Leading minds from the across the industry will tackle topics ranging from innovation in manufacturing to sector survival and retail in a new series of webinars to be hosted by The Furniture Makers' Company.
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- SUPPLY & WHOLESALE
The diversified furniture, mattress and home accents distribution group Gallery Direct built out revenue in 2019 including a 50 percent rise in U.K. sales. Profits fell on higher costs.
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- UPHOLSTERY
Brian Mynett, the former Christie-Tyler executive who was later responsible for driving the U.K. expansion of Italian sofa giant Natuzzi, has died. He was 80 years old.
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- UPHOLSTERY
Vita Group has agreed to pay €6.1 million to acquire southern Italian flexible foam producer I.M.P.E from Natuzzi, the upholstery manufacturing giant.
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- TRADE & INDUSTRY
44 fewer U.K. furniture, floorcoverings and furnishings companies filed for insolvency in 2020 despite the pandemic hitting businesses across the country since the early spring of last year.
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- SUPPLY & WHOLESALE
The company behind the Balmoral Furniture operation in Northern Ireland says it should break even in the year to March 2021 despite sales being hit by the pandemic.
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- TRADE & INDUSTRY
Every furniture and flooring store in the U.K. will again be closed from today (Jan. 5) after the Government last night announced a new lockdown to last until at least the middle of February.
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- RETAIL & DISTRIBUTION
Business-to-business transactions supported by trade credit insurance will be guaranteed by the British state for another six months, the Government has announced.
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- UPHOLSTERY
Ekornes, the Norwegian recliner company behind the Stressless and IMG brands, recorded a loss at its U.K. and Ireland operation in 2019 during what was, it said, a year of consolidation.
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- UPHOLSTERY
The Incanto Group is planning a three-month show-van tour in the U.K. after a similar exercise by the sofa maker resulted in it picking up new accounts for its relaunched Digiò Leather Sofas by Sofitalia brand here this autumn.
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- SUPPLY & WHOLESALE
British furniture manufacturing output continued to accelerate deep into the autumn but total production levels remain well down on last year as a result of the pandemic.
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