Manufacturing News
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- FLOORCOVERINGS
Imports of carpets and rugs into the U.K. declined year-on-year in September, ending a six-month run of annual gains.
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- UPHOLSTERY
The upholstery group behind the Alstons, Ashley Manor, AMX Design and Alexander & James brands continued to make top line gains in the three months to end September, but the inflationary cost environment hit profits.
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- TRADE & INDUSTRY
How furniture companies are adapting their sales approach to meet the needs of customers following the pandemic is the theme of the latest webinar in the building back better series organised by The Furniture Makers’ Company.
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- FURNISHINGS & ACCENTS
Furnishings fabrics business Arley House has successfully defended a copyright infringement claim brought by a minority shareholder and fabric designer.
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- FLOORCOVERINGS
The owner of Quick-Step, the popular floorcoverings brand, will start recycling high density fibreboard (HDF) used in its laminate flooring after a breakthrough in the sustainability process.
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- BEDS & MATTRESSES
National retailer Bensons for Beds has opened a distribution hub in the North East that will provide home delivery to customers across large parts of the North of England.
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- UPHOLSTERY
The group behind the Parker Knoll, G Plan, Duresta, Collins and Hayes and The Lounge Co upholstery brands is opening a new factory in Worcestershire as it looks to build capacity and future proof its requirements.
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- BEDS & MATTRESSES
A West Midlands mattress and bed manufacturing company has been placed into liquidation leaving high six-figure debts but none to the supply chain.
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- UPHOLSTERY
Profits at Man Wah Holdings, the recliner and upholstery giant with factories across the Far East and Eastern Europe, climbed almost a third in the six months to end September as sales jumped to record highs.
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- TRADE & INDUSTRY
FIRA International, which delivers testing, inspection, certification and training to the furniture industry along with being the service provider to the Furniture Industry Research Association, has moved to new premises in Stevenage, Hertfordshire.
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- BEDS & MATTRESSES
Harrison Spinks, the Leeds bed manufacturer and mattress components and fillings supplier, is partnering a building materials provider to use a by-product of one of its mattress fillings in construction and refurbishment projects.
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- SUPPLY & WHOLESALE
The value of furniture made in U.K. factories in September was over £27 million higher than any other month in history according to data released Thursday by the Office for National Statistics (ONS).
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- UPHOLSTERY
Upholstery producers are reporting further input price pressures for foam after converters and other suppliers of semi-finished products were hit with increases on polyurethane block supplies.
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- UPHOLSTERY
Preston sofa cover and reupholstery company Plumbs has introduced a new ecommerce brand offering finished removable cover sofas, armchairs and accessories.
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- FLOORCOVERINGS
Flooring supply group Victoria is adding further ceramic tile capacity with the acquisition of B3 Ceramics Danismanlik, a Turkey based manufacturer and exporter trading as Graniser.
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- RETAIL & DISTRIBUTION
John Lewis of Hungerford, the premium kitchen and bedroom furniture company, returned revenue close to pre-Covid levels in the year to June 30 as it reversed a 2019/20 deficit.
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- TRADE & INDUSTRY
The year-on-year number of U.K. home furnishings companies that appointed insolvency practitioners was flat in the third quarter of 2021, though the figure crept higher on a sequential basis.
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- SUPPLY & WHOLESALE
A simple majority is all that is required for shareholders to approve the sale of Recticel's Engineered Foam unit to U.S. giant Carpenter.
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- FURNISHINGS & ACCENTS
Suffolk headquartered window fabrics conglomerate Style Group has acquired a stake in 360º Marketing & Communications, a Spain-based marcomms agency.
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- SUPPLY & WHOLESALE
There is less than a month to go until Recticel shareholders will get to vote on whether to sell the group's Engineered Foams business, which includes its comfort foam operations, to Carpenter, the U.S. conglomerate.
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- FLOORCOVERINGS
Flooring supplier Designer Contracts and underlay and fibre technology brand Texfelt were named winners of the Partners in Sustainability Awards at a black-tie event in London last week.
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- BEDS & MATTRESSES
Global bed spring and components group Leggett & Platt said raw material-related selling prices increases meant revenue rose in the third quarter despite lower sales volumes.
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- SUPPLY & WHOLESALE
The price of key ingredients used in the flexible foam recipe have fallen in recent weeks, fuelling hopes among sofa and mattress makers that they may see their own costs ease as a consequence.
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- SUPPLY & WHOLESALE
Trendsetter Home Furnishings, the business behind The Fine Bedding Company brand, said it made a welcome return to profit after it outperformed its budget by focusing on creating a more sustainable business.
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- SUPPLY & WHOLESALE
Sanderson Design Group (SDG) has appointed former John Lewis Partnership chief financial officer Patrick Lewis to its board as one of two new non-executive hires.
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- BEDS & MATTRESSES
Mike Logue will step down as chief executive of Dreams at the end of the year, handing over the business to successor Jonathan Hirst in a very different state to the one that he inherited.
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- SUPPLY & WHOLESALE
Foam and fibre conversion business Breasley, a key supplier to U.K. furniture makers, has been formally renamed as Peak Converters to better reflect its 36-year manufacturing history.
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- FLOORCOVERINGS
Mohawk Industries, the world's largest flooring company, was bullish on demand in a third quarter trading update, but bearish on supply chain constraints that are pushing out lead times and creating input cost pressures.
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- RETAIL & DISTRIBUTION
Howden Joinery Group, the U.K.'s largest kitchen supplier, said it expects 2021 profits to be about £360 million after it continued to outperform on market tailwinds and a well managed supply chain.
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- RETAIL & DISTRIBUTION
The Swedish conglomerate behind U.K. kitchen chain Magnet saw third quarter revenue fall here on labour market issues and slow recovery in certain sectors.
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- SUPPLY & WHOLESALE
Foam company Recticel has again advised shareholders not to sell their shares under the offer from Austrian rival Greiner as management look to enact their own plan to divest parts of the group elsewhere.
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- UPHOLSTERY
Buoyant Upholstery has becomes the first company in the furniture sector to join the Slave-Free Alliance, the social enterprise launched by global anti-slavery charity Hope for Justice with the aim of preventing worker exploitation in global supply chains.
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- FLOORCOVERINGS
Passing input cost inflation through the supply chain to retailers, distributors and end users helped diversified flooring conglomerate Balta find growth in the three months to September 30.
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- RETAIL & DISTRIBUTION
U.K. bed specialist Dreams has outperformed internal expectations in the past quarter according to Tempur Sealy International, the world's biggest bedding company and the new owner of the business.
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- BEDS & MATTRESSES
Harrison Spinks products are now available through ecommerce retailer Mattress Online, with the bed maker citing the two companies' aligned approach to innovation and sustainability.
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- TRADE & INDUSTRY
The British Furniture Manufacturers (BFM) has appointed an association leadership specialist as its new managing director while current incumbent Nick Garratt is to become its chairman.
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- FLOORCOVERINGS
Beaulieu International Group (B.I.G.), the diversified Belgian industrial conglomerate, is to increase prices worldwide across its entire flooring solutions portfolio.
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- SUPPLY & WHOLESALE
The proposed takeover of the comfort foam business of Recticel by its industry peer Carpenter raised eyebrows across many U.K. furniture industry boardrooms, right across the supply chain from manufacturers to retailers.
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- UPHOLSTERY
Furniture wholesale giant Actona Group is to expand the scope of its global upholstery operations after agreeing the takeover of private equity backed Danish sofa maker Theca. More deals for other companies will follow, it said.
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- UPHOLSTERY
La-Z-Boy U.K. has acquired North West sofa maker Furnico in a deal that gives the U.S. headquartered upholstery conglomerate manufacturing capability within Europe.
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- SUPPLY & WHOLESALE
The collapse of a 150-year-old Oxfordshire furniture manufacturer earlier this summer leaves secured and unsecured creditors facing a sizeable shortfall.
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- TRADE & INDUSTRY
Carolyn Mitchell, sales and marketing director for the contract division of Buckinghamshire headquartered bed maker Hypnos, is to chair the British Contract Furnishing Association (BCFA) for a second time.
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- SUPPLY & WHOLESALE
Inflation figures released Wednesday made for grim reading. Consumers are paying over 10 percent more to buy furniture than they were this time last year, while manufacturers' input costs are increasing at twice that level.
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- RETAIL & DISTRIBUTION
Beds and mattress vertical Bensons for Beds has recruited an experienced retail executive as successor to chief operating officer Joe Wykes, who left the business earlier this year.
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- RETAIL & DISTRIBUTION
Consumer price inflation for furniture reached double-digit levels for the first time on public record while manufacturers are continuing to grapple with upstream supply chain price pressures.
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- BEDS & MATTRESSES
Kent bed maker Sleepeezee said it is extremely confident with regards to its future outlook and business performance after the reopening of retail earlier this year helped it quickly pick up where it left off before the pandemic.
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- SUPPLY & WHOLESALE
Demand through 2021 has put luxury furnishing fabrics, wallpapers and accessories supplier Romo back on track to recover sales lost through the pandemic, the company said in just-filed accounts.
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- SUPPLY & WHOLESALE
A major restructuring plan initiated through the pandemic will leave the U.K. arm of designer lighting company Artemide leaner and in better shape to seize future market opportunities, the company has said.
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- BEDS & MATTRESSES
A second straight month of weaker data from European factories squashed the air out of what had been a buoyant mattress import market until the summer months.
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- RETAIL & DISTRIBUTION
Bensons for Beds is looking to hire about 180 people across its nationwide retail, distribution and manufacturing network while its new store rollout continues this week with an opening in a former Laura Ashley unit.
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- FLOORCOVERINGS
The value of carpets and rugs imported into the U.K. continued to rise in August according to new figures, but at a much shallower incline than in the preceding seven months.
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- UPHOLSTERY
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- BEDS & MATTRESSES
The achievements of Harrison Spinks chairman Simon Spinks and West Yorkshire bed maker Duvalay were among those from the industry recognised at the Yorkshire Business Masters 2021 awards last week.
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- UPHOLSTERY
Revenue fell at all four of West Midlands and Essex upholstery group TCM Living's business units last year but three of them still managed to gain market share from their competitors.
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- UPHOLSTERY
New figures from upholstery group TCM Living show its two largest retail customers—both major furniture chains—were responsible for 61.4 percent of its £100 million plus turnover through 2020.
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- DEALS & FINANCE
Venture capital and private equity group LDC says it has made a growth investment in mobility products group Kingswood, the owner of the Willowbrook adjustable beds and riser recline chair brand.
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- UPHOLSTERY
Plumbs slipped to an overall loss last year but the sofa covers and reupholstery business said it enjoyed a very profitable fourth quarter after benefitting from pent-up demand post lockdown.
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- SUPPLY & WHOLESALE
British furniture manufacturers' combined turnover rose by a quarter against strong comparatives at the height of summer as the industry battled to meet surging demand.
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- BEDS & MATTRESSES
Leeds bed maker Harrison Spinks has been awarded Investors in People’s We Invest in People standard accreditation, recognition of its leadership and management practices and how it motivates and supports its employees.
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- DEALS & FINANCE
Carpenter Co, the U.S. headquartered industrial conglomerate, has made a binding offer for Recticel's Engineered Foam division, which includes its comfort foam business serving U.K. upholstery and bedding customers.
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- BEDS & MATTRESSES
Geert Geerkens, sales and marketing director at Belgium's Veldeman Group, has been named the new president of the European Bedding Industry Association (EBIA).
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- UPHOLSTERY
Customers pivoting away from the web and back to stores along with the collapse of Greensill Capital exacerbated an already perilous situation at Kidderminster sofa maker Wyvern Furniture.
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- RETAIL & DISTRIBUTION
Retail giant IKEA plans to shift production of some goods from the Far East to Turkey in order to counter the impact of rising container costs, according to a company official.
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- BEDS & MATTRESSES
Hypnos and The Eden Project, the educational charity and social enterprise, are to work together on charity, community and sustainability initiatives that focus on the importance of the environment and creating sustainable sleep solutions.
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- UPHOLSTERY
The company behind Kidderminster sofa maker Wyvern Furniture has ceased trading and been placed into administration. All of its employees have been made redundant.
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- SUPPLY & WHOLESALE
The principal U.K. arms of Carpenter and Vita, two of the big three comfort foam suppliers to Britain's bed and sofa manufacturing sectors, saw output and earnings fall amid the early months of the pandemic.
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- INTERNATIONAL
International furniture company Roche Bobois has announced the death of François Roche, its co-founder, on October 6. He was 85 years old.
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- SUPPLY & WHOLESALE
North West home textiles group Turner Bianca booked lower profits in 2020/21 as rising costs and narrower margins countered the impact of higher sales.
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- TRADE & INDUSTRY
The director of sustainability and innovation at Leeds bed and mattress manufacturer Harrison Spinks has joined the roster of experts speaking at The Furniture Makers’ Company’s webinar on sustainability next week.
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- RETAIL & DISTRIBUTION
Management actions buttressed liquidity and profits at national furniture retailer HSL in 2020 as its customer base was impacted by Covid-19 to a greater extent than other demographics.
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- SUPPLY & WHOLESALE
Revenue climbed for soft furnishings supplier Ashley Wilde Group last year as its customer base ramped up activity in the aftermath of the first lockdown.
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- UPHOLSTERY
Existing local managers will oversee the business of iconic sofa brand Tetrad after the departure of its longtime md and former owner Janus Cooper, its parent company Belfield has said.
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- UPHOLSTERY
Walking away from tens of millions of pounds worth of business with IKEA was a bold move but Westbridge is finding new custom elsewhere, with both emerging and longstanding customers.
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- SUPPLY & WHOLESALE
Belfield Group's upholstery businesses were more impacted by lockdown periods last year as its just-divested mattress unit delivered higher revenue amid the backdrop of the pandemic.
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- RETAIL & DISTRIBUTION
The group behind the Adjustamatic brand returned to profit and generated cash last year as lower costs helped mitigate the impact of a decline in delivered sales.
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- RETAIL & DISTRIBUTION
Market leader DFS is expanding the number of upholstery ranges it carries in its stores, paving a path for it to onboard new suppliers to the sofa chain.
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- SUPPLY & WHOLESALE
Furniture manufacturing activity in Vietnam is expected to increase after the Government signalled its intent to ease restrictions amid an intention to move away from its zero-Covid strategy.
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- SUPPLY & WHOLESALE
High end interior design and furnishings distributor Sanderson Design Group has appointed Mike Woodcock as its chief financial officer, replacing Michael Williamson who leaves next month.
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- BEDS & MATTRESSES
Vita Group has acquired Belfield's Usleep business unit from NorthEdge Capital in a deal that makes the diversified foam conglomerate one of the country's largest manufacturers of finished mattresses.
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- SUPPLY & WHOLESALE
Wallcoverings and home accents supplier Graham & Brown enjoyed a big jump in profits as customers "rediscovered their homes" last year, investing in and re-inventing the environments they live in.
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- UPHOLSTERY
Sofa giant Natuzzi continues to write new orders faster than it can manufacture existing ones according to its incoming CEO, who says the global supplier is prioritising ways to cut lead times.
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- RETAIL & DISTRIBUTION
The CEO of DFS says pushing further into the online bed market is the early focus of a wider plan to diversify the group's revenue base beyond the upholstery category.
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- BEDS & MATTRESSES
Silentnight Beds has been awarded the Manufacturing Guild Mark (MGM) by The Furniture Makers' Company, the furnishings industry charity and City of London livery company.
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- BEDS & MATTRESSES
Shire Beds won Bed Product of the Year at the National Bed Federation (NBF) Industry Awards last night while Hypnos and John Cotton Non-Wovens were successful in the Sustainability and Component Product categories.
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- BEDS & MATTRESSES
Sales more than doubled for manufacturer and retailer Get Laid Beds in 2020/21, making it one of the largest ecommerce players in the sector. Profits also jumped sharply.
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- TRADE & INDUSTRY
The Furniture Makers’ Company’s (TFMC) industry webinar series returns this autumn with three more episodes, the first of which will explore what the trade is doing to combat climate change.
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- BEDS & MATTRESSES
Harrison Spinks has appointed Scott Hollis as its first-ever U.S. sales manager with a brief to drive the bed maker's business in North America.
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- SUPPLY & WHOLESALE
Sanderson Design Group, the high-end interior design and furnishings manufacturer and distributor, is to launch a Morris & Co brand extension targeting international markets.
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- SUPPLY & WHOLESALE
The cost of making furniture in the U.K. climbed again last month with producers warning the brewing labour crisis will add further increases that will have to be passed on to retailers.
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- SUPPLY & WHOLESALE
Dan-Form, the Danish dining furniture manufacturer known for its bentwood chairs, plans to consolidate distribution with the build of a new warehouse.
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- UPHOLSTERY
Disruption from the pandemic ended a seven-year run of sales growth for upholstered furniture manufacturer Whitemeadow last year, but the decline looks likely to be short-lived.
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- BEDS & MATTRESSES
The md of Savoir Beds says the luxury brand is back in investment mode and trading at never-before-seen levels after what proved a tough 2020 amid the disruption of the pandemic.
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- BEDS & MATTRESSES
Imports of foam and sprung mattresses declined at the start of the second half despite arrivals from Denmark—home to the factory making Tempur products for the U.K. market—rising to a nine-month high.
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- FLOORCOVERINGS
Gains in textile floorcoverings imports were pared back at the start to the second half of 2021 as the carpet trade annualised the resumption of trade after the first lockdown last year.
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- SUPPLY & WHOLESALE
Record levels of furniture are being despatched out of British factories but nowhere near enough to satisfy demand and bring lead times down to historical norms.
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- SUPPLY & WHOLESALE
When the Prime Minister announced the first lockdown back in March last year the fear across the British furniture industry was palpable. Thick red lines were drawn through expense budgets and manufacturers up and down the country prepared for an unwanted game of who could hold their breath for longest.
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- BEDS & MATTRESSES
Accountants have signposted the increased output of an emerging bed manufacturer in just-filed financial statements for the Birmingham-based company.
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- BEDS & MATTRESSES
Harrison Spinks has unveiled the first of what will become an annual Sustainability Report, highlighting initiatives it says have kept the business at the vanguard of sustainable bed making for years.
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- UPHOLSTERY
BFM, the trade association for British furniture manufacturers, says the BFM Fabric Show London will return next year, taking place in the week commencing March 7.
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- BEDS & MATTRESSES
The National Bed Federation (NBF) has named the finalists for its annual 2021 Bed Industry Awards' sustainability category after judges whittled down a record number of entries to a final four.
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- SUPPLY & WHOLESALE
Retail and commission revenue declined in 2020 for the U.K. arm of Poltrona Frau, the U.S.-owned Italian designer furniture company.
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- CASE GOODS
Nicholas Radford says he plans to focus on other interests outside the furniture industry after a flood in the Far East prompted a decision to close the company behind the Nathan Furniture brand earlier this year.
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- FLOORCOVERINGS
Victoria says it is taking a bigger share of wallet in the U.K. flooring market as a result of its investment in its logistics operation here, citing the impact of its elevated service levels.
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- FLOORCOVERINGS
SATRA, the international research and testing organisation, says investment in new state-of-the-art machinery will enable it to meet growing demand for the testing of floorcoverings.
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- BEDS & MATTRESSES
Bed maker Silentnight's new consumer marketing campaign aims to demonstrate that the Barnoldswick manufacturer offers a wide choice of products to suit all sleepers.
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- BEDS & MATTRESSES
Mattress ticking conglomerate Bekaert Deslee, a key supplier to the U.K. supply chain, is investing the equivalent of £9 million upscaling production at one of its factories in South America.
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- CASE GOODS
Roundhouse, the high-end kitchen and bedroom cabinet maker and retailer, enjoyed better-than-expected trading last year as it found both top and bottom line growth.
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- CASE GOODS
A Swedish flooring and wood processing conglomerate with factories in central Europe is to enter the furniture market with the initial launch of cabinets assembled entirely without glue, nails or screws.
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- SUPPLY & WHOLESALE
Bedding and upholstery components distributor Handy has acquired the non-zip related assets and sales of fellow supplier Aero Zip, further expanding a product roster already numbering over 1,500 items.
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- SUPPLY & WHOLESALE
British furniture manufacturers are increasingly bullish according to a new poll but have concerns over the availability of labour, which is threatening to further delay the production and delivery of goods.
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- FLOORCOVERINGS
Storied carpet manufacturer Brintons will next week move into new headquarters for the second time in the past ten years. It will remain in Kidderminster.
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- FLOORCOVERINGS
The reopening of retail stores in April and customers pre-stocking in anticipation of demand helped carpet maker Balta find U.K. revenue growth in the first half of 2021.
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- BEDS & MATTRESSES
Department store chain John Lewis & Partners has begun, for the first time, selling a line of mattresses using wool sourced from farmers supplying meat to its sister business Waitrose & Partners.
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- UPHOLSTERY
Mark Smith has decided to step away from executive duties at upholstery group TCM Living and will be succeeded as CEO by Jonathan Fearn, who is currently the chief financial officer.
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- UPHOLSTERY
First half revenue in the U.K. and Ireland passed 2020 levels for Stressless brand owner Ekornes as the resumption of trade and store reopenings boosted the upholstery conglomerate.
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- SUPPLY & WHOLESALE
Foam conglomerate Recticel reported double-digit revenue and profit growth from the business unit supplying U.K. mattress and sofa manufacturers in the first half of this year.
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- FLOORCOVERINGS
Karndean, the circa £91 million turnover luxury vinyl tile (LVT) flooring company, is to launch a first-ever television advertising campaign.
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- SUPPLY & WHOLESALE
Restructuring advisors are targeting the sale of the business and assets of Whiteleaf Furniture after the manufacturer was placed into administration earlier this month.
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- TRADE & INDUSTRY
British furniture makers are on track to recover all of the lost revenue from a fall in exports last year with a double-digit climb in the value of goods sent overseas in the first six months of 2021.
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- BEDS & MATTRESSES
Underlying profitability at the Lancashire bed manufacturer and furniture distributor Sweet Dreams improved in 2020/21 as it reorganised amid the ongoing impact of Covid.
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- SUPPLY & WHOLESALE
A "perfect storm" of high demand and supply chain delays could lead to never before seen cut-off dates for pre-Christmas furniture deliveries, according to the md of BFM, the trade association for British Furniture Manufacturers.
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- FLOORCOVERINGS
Belgian carpet maker Associated Weavers, one of the largest flooring suppliers to the U.K., saw sales decline here through 2020 but at a lesser rate than its compatriots and the overall U.K. market.
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- SUPPLY & WHOLESALE
The pandemic clipped the wings of the U.K. upholstery industry more than other furniture segments as the value of the market here last year fell to its smallest level since 2013.
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- SUPPLY & WHOLESALE
Input price inflation for British furniture makers increased for an eleventh straight month in July as producers continued to wrestle with never-before seen pressures.
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- UPHOLSTERY
The parent company of Stressless brand owner Ekornes last month agreed a deal worth the equivalent of £61 million to buy out a minority shareholder.
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- FLOORCOVERINGS
Greenwood & Coope, the business behind the Cormar Carpet Company, could soon announce a new chief executive to lead the country's largest carpet manufacturer.
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- UPHOLSTERY
Containers shipped and trucked into the U.K. from China and Poland led to the highest-ever recorded total of upholstered furniture arriving at U.K. ports in the first six months of 2021, new figures show.
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- BEDS & MATTRESSES
Paul Little, one of the best-known executives in the U.K. bed manufacturing industry, has joined Wiltshire's Airsprung Group as commercial director for its Airsprung Beds division.
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- FLOORCOVERINGS
Surging demand for floorcoverings helped Belgian and Dutch carpet makers recover lost turnover in the U.K. market in the first half of 2021, though it was Turkey and India that made the largest gains.
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- UPHOLSTERY
The group behind the Alstons, Ashley Manor, Alexander & James and AMX Design sofa businesses saw strong second quarter revenue growth against comparatives heavily impacted by the U.K. lockdown last spring.
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- SUPPLY & WHOLESALE
Natuzzi is opening up its iconic showrooms at High Point, North Carolina to its compatriots, renaming the ship-shaped building as Casa Italia and welcoming in other Italian furniture companies.
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- BEDS & MATTRESSES
Experienced home appliance executive Gareth Berry has joined the Silentnight group, Britain's largest bed manufacturer, as chief operating officer.
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- SUPPLY & WHOLESALE
British furniture manufacturers' output reached its highest level since November at the beginning of summer according to new figures from the Office for National Statistics (ONS).
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- DEALS & FINANCE
San Marino's Colombini Group has acquired a majority stake in Bontempi Casa, the Italian contemporary living, dining and bedroom furniture manufacturer.
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- SUPPLY & WHOLESALE
Furnishing fabrics, wallpaper and upholstery supplier Colefax Group doubled profits in 2019/20 despite the pandemic hitting markets worldwide.
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- CASE GOODS
Upmarket fitted furniture maker and retailer John Lewis of Hungerford says better-than-expected trading helped it reverse first half losses to return to profit in 2019/20.
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- UPHOLSTERY
Upholstered furniture manufacturer Whitemeadow has acquired what it described as a significant stake in one of its key foam suppliers.
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- DEALS & FINANCE
Northeast Italian furniture manufacturing group Calligaris has acquired furniture, accents and lifestyle company Fatboy from its private equity owner.
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- RETAIL & DISTRIBUTION
Hilding Anders is having another crack at the U.K. bed market, backing a new brand that will tomorrow open its fourth store in the South East with another to follow soon after.
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- RETAIL & DISTRIBUTION
It is now well over a year since the transaction that divorced Harveys from Bensons for Beds and business is robust and the path to growth is clear, says chief executive Mark Jackson.
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- RETAIL & DISTRIBUTION
Nick Collard has joined Bensons for Beds as its first chief commercial and digital officer while the retailer is also close to appointing a new chief operating officer.
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- CASE GOODS
Fitted furniture maker J&J Ormerod (JJO) says demand is running at double-digit percentages ahead of pre-Covid levels and that it has emerged stronger from the pandemic and ready to invest.
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- BEDS & MATTRESSES
Historic bed manufacturer Relyon has disclosed the full ownership makeup of the business for the first time, with the man who led the summer 2020 buyout holding a majority shareholding.
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- UPHOLSTERY
Dudley upholstered furniture manufacturer ACL has agreed new debt finance that will support its product development plans including the launch of a recliner line.
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- BEDS & MATTRESSES
Burnley bed maker Sweet Dreams has paid tribute to its customers as it retained its title as Best Bed Manufacturer (Value) in the Interiors Monthly annual awards.
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- BEDS & MATTRESSES
The Financial Reporting Council (FRC) has handed KPMG and one of its former partners heavy fines and severe reprimands for their conduct in relation to work ahead of the prepack sale of Silentnight to investment firm H.I.G. in May 2011.
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- TRADE & INDUSTRY
The Furniture Industry Research Association has published new guidance for companies in the upholstery and mattress sectors with regard to understanding and complying with chemical regulations.
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- TRADE & INDUSTRY
BFM, the association of British Furniture Manufacturers, has lined up online seminars for its members to be delivered by experts in patent law and dispute resolution.
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- BEDS & MATTRESSES
Harrison Spinks, the family-owned Leeds beds and components manufacturer, has promoted Chris Townsley to operations director for its beds division.
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- BEDS & MATTRESSES
Leggett & Platt (L&P), the global components conglomerate, says the acquisition of Irish foam and beds group Kayfoam Woolfson will be a benefit for its customers across Europe.
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