Austrian furniture giant XXXLutz — one of the three largest retailers in the category worldwide — now operates across 12 European countries, though not yet the U.K.

Beter Bed Holding has found a buyer for its troubled Matratzen Concord chain of 849 bed shops across Germany, Austria and Switzerland.

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Gabriel Scott's new Mayfair showroom.
Gabriel Scott, an upmarket furniture and lighting company based out 30,000sqft studios in Montreal, has opened a first U.K. showroom.

The French distribution group behind the Habitat furniture retail brand outside the U.K. and Ireland says it plans to sell the business to focus on other interests.

Roche Bobois, the high-end French furniture brand with stores in London, South East England and the North West, enjoyed a performance uplift in the U.K. in the first half of 2019.

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JYSK Nordic is the largest division in the group's worldwide structure.
The biggest retail division in the JYSK worldwide ecosystem booked 9 percent revenue growth in 2018–19, and says online is becoming a bigger part of its business.

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176 Blackfriars Road, London.
Pianca, the northeast Italian maker of products spanning premium made-to-measure bedrooms to modern upholstery, has acquired a Grade II listed Central London property.

Ingka Group, owner of the bulk of IKEA's global store estate, has agreed to pay €136 million for an 80 percent stake in seven Romanian wind farms.

Furniture and home accents retailer Maisons du Monde has opened a first-ever business-to-business (B2B) showroom as it looks to build a larger customer base in the office and hospitality sectors.

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The JYSK format continues to grow.
JYSK, the inexpensive Danish furniture and homewares retailer, will host an event for property owners in Dublin next week as it looks to accumulate a pipeline of prospective stores.

Giorgetti, the upmarket Italian designer furniture manufacturer, is opening a first U.K. showroom after signing a lease for a unit in West London.

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West Elm's Tottenham Court Road, London flagship.
Revenue advanced double-digit for West Elm in the second quarter with the U.K. outperforming other international markets for the Brooklyn, U.S. headquartered furniture and home accents retailer.

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Lars Larsen
Lars Larsen, founder of the eponymous group that he built into one of the biggest furniture businesses in the world with annual sales north of €4.2 billion, has died. He was 71 years old.

The new chief executive of Steinhoff International Holdings said its €9 billion debt pile is too high as he offered a vision of the future for the embattled conglomerate yesterday.

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Euromillions: Steinhoff advisors received a bumper payout for work done in the first half of 2018–19.
Advisors to Steinhoff International Holdings were paid €82 million in fees in the six months to end March as the conglomerate continued "complex and technical work" to complete its financial restructuring and stabilise the group.

Philip Dieperink, the former U.K. and now group chief financial officer at Steinhoff International Holdings, is to leave the conglomerate December 31, 2019.

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Conforama is one of Europe's largest furniture retailers.
Conforama, the French furniture and electricals chain which last year generated sales of €3.4 billion, is to downsize its store estate and cut staff headcount.

Crate and Barrel, the European-owned furniture retailer with stores across the U.S., has bought Hudson Grace, a boutique home décor, entertaining and gift brand based in San Francisco.

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Lars Larsen Group's new chairman Jacob Brunsborg.
Lars Larsen, chairman of the eponymous furniture group that owns global companies including JYSK, ILVA and Actona, is stepping down as chairman. His son, Jacob Brunsborg, is to succeed him with immediate effect.

The conglomerate behind the West Elm furniture retail brand has identified key markets for its international expansion programme, with Western Europe and existing territories such as the U.K. among them.

20-year IKEA veteran Sara Del Fabbro has been named chief executive of the retail conglomerate's business for the South East Europe region.

West Elm, the American owned furniture retailer with an expanding U.K. business, enjoyed double-digit sales growth in the first quarter, parent Williams-Sonoma said last night.

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JYSK will focus on the North and Midlands. Its sole southern store to date, at Bournemouth, closed in 2018.
Danish value furniture chain JYSK has again reiterated plans to ramp up store openings with the aim of trebling its existing U.K. estate over the next half-decade.

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Maisons du Monde opened concessions in Debenhams last year.
Revenue climbed nearly 10 percent for Maisons du Monde in the first quarter with the French furniture and home décor retailer saying it expects to match that until the end of the year and deliver double-digit profit margins.

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JYSK launched a new format last summer.
Value furniture and homewares chain JYSK has reported another seven-figure UK loss after weaker gross margin and higher costs countered the impact of a leap in sales.

Alexandre Nodale, the longtime Conforama CEO who additionally became deputy CEO of parent Steinhoff International Holdings at the back end of 2017, is stepping down from both posts.

Roche Bobois, the high-end furniture vertical whose products are sold in 54 markets worldwide, grew profits as sales advanced in all regions bar one in 2018.

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Maisons du Monde cashflow weakened as it invested in stock.
International furniture and home accents retailer Maisons du Monde, which has substantial eight-figure UK sales, says it can grow another 10 percent this year as it builds out its store estate.

Cafom, the French owner of the Habitat brand outside the UK, said the Gilets Jaunes movement has had a seven-figure impact on performance, but not enough to prevent its underlying business from growing.

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Customer orders are shipped from the distribution centre to a store of their choice.
Danish furniture retailer JYSK has added a pick-up in-store option for Internet customers as it seeks to drive cross-channel business in the UK and improve its delivery offer.

Wayfair, the fast-expanding home furnishings etailer, has launched its first major television advertising campaign in Germany as it looks to scale its business there.

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Lars Larsen (inset), the eponymous owner of the group that owns retailers including JYSK and ILVA, two furniture chains with differing UK fortunes.
Lars Larsen Group, parent to Scandinavian furniture chains JYSK and ILVA, booked record profits of 3.6 billion Danish kroner (£421m) in 2017–18.

Maisons du Monde, the French furniture and home accents retailer with a growing UK multichannel business, said sales continued to march late last year despite anti-Government protests hitting consumer expenditure.

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JYSK has named the locations of its first four Irish stores, all of which will be open by the summer of this year.
Danish value furniture retailer JYSK, which last year announced plans to launch in Ireland, has named the locations of its first four stores in the country, three of which will be opening in the spring.

The company behind the six-store Habitat furniture retail chain in Germany has filed for insolvency, its France based parent said in a brief statement.

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IKEA will open its latest large format store February 7, 2019
Home furnishings conglomerate IKEA has set the opening date for its latest big-box UK superstore, at Greenwich in London.

The Conran Shop will open its first stores in South Korea after agreeing a partnership with Lotte Department Store, a major retailer operating across the Korean Peninsula and Far East.

Steinhoff International Holdings says the outcome of PwC's forensic investigation into historic accounting irregularities will not be ready as soon as hoped, forcing it to delay releasing audited 2017 and 2018 accounts until spring next year.

JYSK, the Danish value furniture retail conglomerate, says its planned opening in Ireland next year will mean it has stores in every major European country.

Steinhoff International Holdings, parent to UK chains Harveys and Bensons for Beds, says commercial director Louis du Preez will become its new chief executive officer with effect from January 1, 2019.



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