OKA Direct was sold back in January this year
The price paid by Italian buyout company Investindustrial to acquire British furniture retailer OKA Direct has been disclosed publicly for the first time. It is lower than has previously been reported.

ScS says it its talking to House of Fraser's new owner with a view to keeping as many of its 27 furniture concessions in the department store chain open as it can.

Clicks-to-bricks furniture and home accents retailer Swoon is adding another ten instore concessions in a major escalation of its tie-up with department store chain Debenhams.

New UK accounts for French furniture and home accents retailer Maisons du Monde put flesh on the bone regarding its claims Britain is among its fastest-growing markets.

OKA Direct, the mid-high end furniture and interiors retailer bought by an Italian investment company earlier this year, has appointed Emilio Foa as its new CEO.

In 24 months, Next's third-party homeware brand offer has increased four-fold
General retailer Next has added more than 100 new furniture and homeware brands to its product offer in the past 12 months as part of a major escalation of its third-party brand offer.

The value of mattress retail sales inched forward in August compared with last year as the category continued to outperform other bulky goods furniture lines.

Home sales fell for a third straight week at John Lewis
Sales of new iPhones and Apple Watches helped electricals to power John Lewis & Partners sales growth last week. Though home goods sales didn't crumble, they still fell for the third straight period.

Stores represent a decreasing proportion of Next sales
Fashion-to-furnishings giant Next says it expects its stores to generate less than half of all sales and under a third of profits this year as its customers continue to migrate to the web.

Former BHS lighting shoppers consider home improvement giant B&Q their favourite alternative now that BHS is no longer trading, according to new research.

House of Fraser's Oxford Street store is among those for whom the new owner has agreed terms with the landlord
House of Fraser stores containing ScS concessions previously threatened by its former owner's CVA proposal have now been saved, new owner Mike Ashley has announced.

Workplace furniture maker Orangebox has been sold to U.S conglomerate Steelcase in a deal that will catapult the Welsh company on to the world stage.

OKA trades from 14 UK stores plus two outlets
OKA Direct, the premium British furniture and interiors retailer, has made its first ever acquisition, buying a controlling stake in a family-owned Texan furniture business.

Shop Direct cited a "challenged furniture and homewares market," as it recorded a steep fall in sales at Littlewoods in 2017–18. Growth elsewhere made up the shortfall.

Year-on-year home merchandise sales declined for a second straight week at John Lewis & Partners and have now climbed just once in the past 16 weeks.

HomeSense is escalating its co-located store network
Homesense, the off-price furniture and homeware retailer, is opening at least nine stores this autumn including a major escalation of co-located units with sister company TK Maxx.

Tony Judge will leave after "an orderly transition"
Chief operating officer Tony Judge is leaving Headlam, Europe's largest floorcoverings distributor, sparking a search for a replacement in a reconfigured role.

Furniture Barn Doncaster is closing following the earlier shuttering of units at Sheffield and Grantham
The last of the Furniture Barn stores acquired by Lee Longlands in 2016 is closing amid a business model adjustment that sees the brand shift its focus towards its Internet operation.

Walker Greenbank has signed a licensing agreement with global retail business H&M that will see its Morris & Co brand next month diversify into the fashion sector.

Cabinet shipments from China are falling: Image: Maersk
The second half began as the first half ended for China's case goods producers, with a decline in the value of goods shipped to the UK.

Online furniture retailer and flash sales business Westwing has confirmed plans to raise €120 million via an initial public offering on the Frankfurt Stock Exchange.

Habitat's new Westfield London showroom; Photography: Dunja Opalko
Furniture retailer Habitat opens its first new standalone store in a decade today, at Westfield London. It is one of two new showrooms—the other is in Brighton—opening this autumn.

Andrew Perloff has acquired furniture retailer AHF
Andrew Perloff, the property investor and owner of businesses including Airsprung and Beales, has acquired furniture retailer AHF after buying out majority shareholder Central England Co-operative.

Price pressures weighed on John Lewis & Partners with the department store chain reporting a half-year negative earnings swing of nearly £67 million.

N Brown operates the JD Williams and Jacamo web businesses
N Brown Group, the shopping business behind the JD Williams and Jacamo brands, is searching for a new leader after it announced the planned departure of CEO Angela Spindler.

Dunelm bought WorldStores for £8.5m back in 2016
Dunelm is trading online from a single web platform having closed the WorldStores website it bought late 2016 as part of a move to "simplify the business."

The negative home trend returned at department store chain John Lewis & Partners last week despite a record week for its contemporary own-brand House.

Browns' Davygate store in York
The company behind the Browns of York department store and others nearby has lowered its near-term debt servicing costs after consolidating borrowings.

Debenhams has substantial long-term lease commitments
Department store retailer Debenhams last night moved to reassure suppliers, staff and investors following weekend newspaper reports that sparked a sharp fall in its share price yesterday.

North West furniture and home improvement retailer Taskers reported a £1.1 million net loss last year as it incurred one-off costs associated with its planned restructure.

New furniture launch from Homebase
Embattled home improvement retailer Homebase has taken baby steps back into the furniture product sector with a new line of dining, living and occasional cabinets.

As The Furnishing Report suggested earlier this week, Harveys has partnered with Louise Redknapp
Furniture chain Harveys has confirmed it has partnered singer and style blogger Louise Redknapp for a new upholstery collection under the Bold by Louise brand.

Loaf's new St Albans store
Furniture retailer Loaf's physical store expansion took another step yesterday as the retailer opened its seventh showroom, in St Albans.

Stokers' purpose-built Russell Dean store opened in May this year
Stokers, one of Europe's largest independent furniture retailers, says underlying sales across most of its stores climbed in 2017–18, with overall figures impacted while it rebuilt its flood-hit Russell Dean store.

Steinhoff MJooste
Markus Jooste, former CEO of Steinhoff International Holdings
Markus Jooste, the longtime CEO of Steinhoff International Holdings who resigned as the company revealed the existence of accounting irregularities late last year, says he had no knowledge of alleged impropriety.

John Lewis' negative home streak is over, with the department store chain posting rising sales in the Bank Holiday week that preceded yesterday's formal introduction of its new name.

Harveys' bold plans
Steinhoff-owned furniture chain Harveys is expected to unveil a major celebrity tie-up tonight as it looks to instil fresh impetus into its business.

Poco trades from more than 100 stores, most of which are in Germany
Steinhoff International Holdings has moved a step closer to ridding itself of Poco, the circa €1 billion German furniture discount chain, but faces a legal battle to bank the proceeds.

AHF trades from 19 stores across the UK
Furniture and flooring retailer AHF has appointed former DFS and Fabb Sofas executive Laura Chiddey to the newly-created head of commercial role.

JYSK's new format and (inset) its existing Lincoln unit, from where it will relocate in 2019
Danish value furniture chain JYSK will continue rolling out its new-format stores in 2019, confirming another two locations in the East Midlands.

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