Luxury furniture and interiors platform LuxDeco said it grew sales by more than a third during the final three months of 2019 as it bucked the malaise afflicting rivals.

Pan-European Internet retailer Home24 said it was profitable by one earnings measure in the fourth quarter as it began to reap the benefit of efficiency initiatives.

Home furnishings ecommerce giant Wayfair is to lay off 550 people worldwide, representing about 3 percent of its global workforce, according to the Boston Globe.

The website, database, brand and other intellectual property of Internet furniture and lifestyle retailer Houseology are being marketed for sale following the business being placed into administration last month.

Former Steinhoff U.K. CEO left board of cabinet furniture retailer The Cotswold Company late last year.

N Brown Group, the ecommerce retailer majoring in fashion but also selling a comprehensive furniture programme, has appointed Sarah Welsh to the new role of retail CEO.

Former company officials last month completed a prepack deal for the assets of the circa £4 million turnover furniture retailer HOS Home, which ceased trading last October.

Houseology, the high-end Internet home and furniture retailer that had accumulated losses north of £9 million at the time of its last public disclosure, has stopped trading and been placed into administration.

Ecommerce design platform Decovry has acquired the assets of German furniture marketplace Monoqi and plans to build a bigger U.K. business as a consequence.

The Internet will account for a fifth of all U.K. retail spend within the next four years, according to new research by GlobalData, the analytics and data company.

Shop Direct's transition to become The Very Group has completed with the North West home shopping retailer reporting mid single-digit growth over the festive season at its principal brand.

Furniture retailer Loaf has appointed a replacement chief financial officer for Tim Parfitt, who left the company for a new role in the beds sector last year.

Former lenders to Swoon now control 30 percent of the predominantly ecommerce furniture retailer after the prepack administration deal that rescued the business before Christmas.

Business Growth Fund, which has held minority positions in a number of U.K. furniture and flooring businesses, this summer added a stake in the company behind Internet retailer Furniture123 to its portfolio of investments.

Underlying profits up but tax charge impacts net result for London based mail-order and ecommerce brand.

European ecommerce home and living retailer Home24 had no problems generating higher sales in the third quarter, but money left the business with equal haste.

Home furnishings ecommerce giant Wayfair recorded a wider loss in the third quarter citing greater-than-anticipated impact from tariffs, which in turn led to customers extending the 'think time' before buying.

Shop Direct, owner of the Very and Littlewoods brands, said furniture and homeware sales returned to growth in the six months to end June after a series of initiatives yielded positive results.

Wayfair, the ecommerce home retailer, has introduced a range of flexible credit options for its U.K. customers after extending its partnership with Klarna, the payments company.

Ecommerce home furnishings giant Wayfair has launched a 700-piece curated collection that it is describing as the first flagship brand for its European business.

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Made.com's showroom at the Mailbox, Birmingham.
After posting its first-ever cash generative year in 2017, Made.com repeated the feat last year. But the fast-growing furniture retailer remained lossmaking.

Nicola Thompson, who has spent the past five years at ecommerce fashion retailer Asos, has been appointed chief operating officer at furniture retailer Made.com.

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Sales almost doubled here in 2018.
Fast-growing U.K. sales have put French retailer Maisons du Monde on a path to become one of the country's largest retailers in the furniture and home décor category.

Catalogue and Internet retailer Shop Direct has launched products from furniture company Swoon in dedicated sections of the websites of both its Very.co.uk and Littlewoods brands.

Wayfair, the U.S. home furnishings etailer with expanding international operations, has appointed Anke Schäferkordt to its nine-strong board of directors.

atlanticShopFW 2018
Atlantic is among the largest retailers of dining furniture in Britain.
Tough comps and more challenging market conditions saw the top and bottom line fall for high-profit online dining furniture retailer Atlantic Shopping last year.

Westwing, the pan-European home and lifestyle retailer that specialises in short-term flash sales, said shifting its warehouse to Poland hit profitability in the first half of 2019.

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Home24 is one of the biggest online vendors of furniture in Europe.
Fast-growing ecommerce furniture and homewares retailer Home24 continued to gain top line traction in the first half of 2019 and said its year-end target of breaking even by one profit measure remains on track.

NotOnTheHighStreet.com (Noths), the home and giftware company that indexes a substantial programme of furniture and bed products on its ecommerce marketplace, has a new chief executive.

Profits topped half a million pounds for emerging living, dining and bedroom cabinet furniture retailer in 2018–19.

Houseology, the Glasgow-based etailer of prestige furniture and accents, has hired former Dobbies Garden Centres executive Laura Jamieson as chief financial officer.

Home furnishings retailer Wayfair has raised new capital through a private convertible note offering. It says it will use the funds for working capital, capex projects and possibly to fund acquisitions.

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Maisons du Monde wants to launch an online marketplace business as part of wider plans to double online sales.
Maisons du Monde, the French furniture and home décor retailer, is to open up its ecommerce store to third-party suppliers and retail partners through the launch of an online marketplace.

Heavy investment in the British market means Wayfair is almost universally known among U.K. consumers, the company's senior-most official said following the release of its second quarter results last week.

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OnlineCarpets.co.uk is one of several websites run by the company.
The company behind the OnlineCarpets.co.uk ecommerce store has publicly-disclosed revenue for the first time in accounts that underscore the flooring category's potential on the Internet.

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Both Freemans and Grattan carry extensive home and furniture lines.
Combined sales at Yorkshire catalogue and ecommerce brands Freemans and Grattan inched forward in 2018–19 with directors saying competition is intense in the U.K. online retail market.

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Seven-figure funding round for LuxDeco.
High-end furniture and home décor ecommerce platform LuxDeco is raising cash from investors to fund plans to turn it into a £35 million revenue business by 2021.

Thomas Netzer is to be promoted to chief operating officer for home furnishings retail giant Wayfair after the company announced James Savarese, the current incumbent, will retire this year.

Houseology, the designer furniture and homewares retailer which hopes to rack up sales of £14 million this year, has appointed Shane Corstorphine as successor to Bill Dobbie as chairman.

Findel, the home shopping group behind the Studio multi-product retail business, has issued a bullish trading update ahead of the planned name change that shareholders will vote on today.



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