Frasers Group, owner of House of Fraser and Sofa.com, has acquired upmarket homewares brand Amara in a deal brokered by restructuring advisors.

Chris Muir, chief financial officer at ScS for the past six years, is to leave the sofa and carpets retailer, sparking a search for a successor.

The private equity backed group that owns custom fitted furniture maker Neville Johnson paid eight-figure dividends to shareholders in a period when it agreed extended borrowing and saw trading profits fall.

Quick-ship sofa-in-a-box brand Snug has launched The Maverick, its first fully modular and customisable upholstery programme.

General merchandise retailer Next has partnered Tom Joule to acquire the majority of the assets of lifestyle brand Joules out of administration in two transactions worth a total of £41 million.

Direct-to-consumer and wholesale mattress company Emma Sleep is being investigated by the U.K.'s antitrust regulator over concerns some of its online sales practices may have breached consumer law.

Liverpool based home and garden retailer Taskers booked lower profits as administrative expenses climbed and Covid financial support measures fell away through 2021/22.

Experienced retail leader Neville Moore has been voted in as chair of Associated Independent Stores (AIS), the Midlands based buying and services group for privately-owned retailers.

Shaun Cook has left his role as director of retail at DFS-owned upholstered furniture chain Sofology. An interim successor is already in place at the Warrington based retailer.

Upholstered furniture giant Natuzzi enjoyed a €9.2 million bottom line swing in the third quarter, but it cautioned of tougher times to come with shoppers worldwide rethinking their spending plans.

The operator of Dreams beds stores in Northern Ireland has recruited the former head of Marks and Spencer's business in Ireland as its new commercial director.

A Yorkshire bedroom furniture retailer leaves creditors facing a seven-figure shortfall after it ceased trading earlier this autumn.

IKEA store operator and property owner Ingka Group booked smaller profits as its financial investments were hit by upheaval in bond markets caused by rising interest rates.

U.K. ecommerce furniture sales growth returned in the third quarter of 2022 after year-on-year declines in the first half of the year. Store-based retail sales continued to climb faster, with volumes down across both channels.

What's done can't be undone, for direct-to-consumer Stratford-upon-Avon sofa manufacturer.

Upholstery and flooring chain ScS says it is trading resiliently through a challenging period with order intake growth having returned through the autumn.

More detailed terms of the buyout of highly-profitable clicks-to-bricks furniture retailer Loaf have been disclosed for the first time following an investment by Blue Coast Capital last year.

Ecommerce mattress and bed frame retailer Crazy Price Beds is under new ownership after surging import costs and other headwinds forced the disposal of the Midlands operation.

Restructuring advisors handling the fallout of the collapse of Made.com (Made) say five trade suitors made bids for the now-defunct furniture retailer during efforts to secure a solvent sale.

A privately-owned bedroom furniture manufacturer is to restructure its debts after it agreed a company voluntary arrangement (CVA) with its largest creditor.

Heritage North West independent furniture and furnishings retailer Arighi Bianchi appointed Susie Harding from Tetrad as finance director, it has just announced.

Bed market leader Dreams is to raise pay for its workforce for the second time this year and introduce a raft of new initiatives designed to support employees.

The book value of historic West Sussex furniture retailer Reynolds has climbed through the pandemic on strong profits and asset acquisition.

Northern European furniture brand ILVA plans to build out its presence in Scandinavia over the next year as the one-time U.K. retailer expands beyond its Danish homeland.

Direct-to-consumer upholstery brand Abakus Direct booked a second straight year of six-figure profits in 2021 as it continued to bounce back from a restructure four years ago.

Eight furniture, bed and flooring industry enterprises have been named among the best companies to work for in Britain according to a closely-followed list spanning all U.K. industry.

West Elm has closed a standalone store in the U.K. for the first time since the Brooklyn-based furniture retail brand arrived here from the U.S. back in 2015.

Made.com ran up more than £1 million in professional fees payable to lawyers and restructuring advisors in the weeks leading up to it being placed into administration.

Europe's largest kitchen manufacturer will have expanded its U.K. store footprint by a fifth once the last of two further planned stores are launched in the coming weeks.

Privately-owned furniture and home accents retail chain EZ Living Interiors has expanded its footprint in Ireland with the launch of a second Dublin store.

Restructuring advisors plan to carve out and find a new owner for Trouva, the online trading platform acquired by Made.com (Made) back in the summer.

High price inflation in the furniture category helped the value of retail sales advance in October on a year-on-year basis but the quantity of goods delivered declined.

The Government has decided not to introduce an online sales tax as part of wider business rates reform in a move that will disappoint some brick-and-mortar retailers and high street evangelists.

Consumer confidence improved for the second straight month in November according to a closely-followed poll amid leadership change in Westminster.

The value of Made.com stock held at U.K. and Belgian warehouses totalled £12.5 million at cost when restructuring advisors were appointed last week, but may realise only a fraction of that amount.

Preferential and secured claims from U.K. tax authorities and lender Silicon Valley Bank are expected to be repaid in full following the collapse of Made.com, but other creditors face a significant shortfall on the amounts owed to them.

Furniture and home retailer The Garden Trading Company together with its parent company Joules Group were both officially placed into the hands of restructuring advisors on Wednesday afternoon.

The West Yorkshire company behind the Bedkingdom.co.uk brand has emerged as one of the largest in the ecommerce beds segment after rapid growth through the pandemic.

Underlying profits almost doubled for independent furniture retailer Cookes in the year to end March as the privately-owned group made gains across both its retail and storage businesses.

Consumer price inflation for household furniture eased to its lowest reading in 10 months in October but remains at a historically elevated level.



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