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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.

Underlying sales grew for Northamptonshire cabinet furniture retailer and wholesaler Kettle Interiors in 2017–18 despite a backdrop of trading headwinds.

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

Howard Sudall, store director at renowned Yorkshire furniture store Christopher Pratts, retired earlier this summer after nearly 50 years with the retailer.

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Homebase has been building concession partnerships. AHF is among the latest.
Furniture chain AHF has extended its footprint into southwest England after opening its first two concessions inside home improvement retailer Homebase.

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.

One of the U.K.'s biggest rug and floormat suppliers said the downsizing of home improvement chain Homebase had a negative impact on sales last year.

Melrose Interiors, one of the country's largest independent rug suppliers, closed out a seven-figure property sale this summer after earlier completing a "landmark relocation."

Customers spent less on home products at John Lewis & Partners for the third straight week as the chain relied on higher technology spend to deliver growth.

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.

Large Norfolk furniture and department store retailer Bakers & Larners relaunched its ecommerce website in a year that saw sales across the diversified group that owns it decline.

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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.

Fast-expanding lighting supplier Astro posted another top line sales record in 2018–19 but cautioned that growth was harder to come by, especially in the U.K.

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The old and new at Hatfields of Colchester.
Heritage furniture independent Hatfields of Colchester will unveil its refurbished store front next month after a major investment at its Peartree Road site.

Stefaan Vansteenkiste, chief restructuring officer at Debenhams, is to become the retailer's chief executive with Terry Duddy stepping down as executive chairman next month.

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BoConcept Tottenham Court Road.
The company behind Britain's largest chain of BoConcept modern furniture stores built out revenue last year and has secured new multi-million contracts that should see it do so again in 2018–19.

Lower revenue and narrower margins contributed to the heritage retailer behind the Browns of York department store recording a six-figure loss in 2018–19.

One of Europe's largest living, dining and bedroom cabinet furniture makers is to diversify into upholstery, building a new multi-million factory in Poland.

John Lewis & Partners posted weaker home sales last week with a second consecutive high single-digit decline across the wide-ranging product directorate.

Privately-owned soft furnishings group Ashley Wilde grew sales and profits last year ahead of the spring 2019 buyout of a Scottish fabrics wholesaler.

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The retailer operates one of the biggest destination furniture stores in Britain.
Gross margin widened and a seven-figure chunk of debt was eliminated in 2017–18 at Andersons of Inverurie, one of the U.K.'s marquee independent furniture retailers.

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.

Adverse currency movements and trading conditions impacted profits at Hertfordshire furniture, home goods and giftware importer Sifcon International last year.

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ScS, Britain's number two upholstery retailer, will expand its Scottish footprint later this year as it takes store numbers to three figures. It also said yesterday that it is trading ahead of year-earlier levels.

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Spaceslide trades from more than half a dozen of its own showrooms.
The Yorkshire group behind the Spaceslide bedroom furniture brand returned to profit at the EBITDA line last year, while entering new sectors helped offset weak retail demand.

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Hot weather kept home shoppers away last week.
Home sales fell in high single-digits at John Lewis & Partners last week as the heatwave across the country impacted the department store mutual.

Ryan Ross, former director at Harrods Direct in London, has been named president of the Williams Sonoma brand, succeeding longtime incumbent Janet Hayes.

Furniture retailer AHF strengthened its board with the appointment of two senior executives from sister company Airsprung earlier this spring.

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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.

A five-fold increase in exports softened the impact of lower U.K. revenue and higher costs for bedding and soft furnishings maker and distributor Rapport Home last year.

Bankers and other creditors face a shortfall following the prepack sale of ecommerce lighting retailer LED Hut to a major North West importer, which was announced earlier this summer.

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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.

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Boardroom change at Steinhoff.
Angela Krüger-Steinhoff and Steve Booysen have notified Steinhoff International Holdings they will both resign from the supervisory board.

The French owner of the Habitat furniture and interiors store chain outside the U.K. halved its trading deficit for the brand in the first half of 2018–19 as it cut loose its loss-making German stores.

Blaine Callard has left his post as CEO of the Irish arm of furniture and electricals retailer Harvey Norman after agreeing to run 50-store Australian chain Freedom Furniture.

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New multi-million U.K. funding for JYSK.
JYSK, the inexpensive Danish furniture and homewares retailer, pumped fresh equity into its U.K. business ahead of a store buildout programme this year.

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.

Headlam, Europe's largest floorcoverings distributor, is this week hosting a sod-cutting ceremony at its long-planned 190,000sqft distribution centre in Suffolk.



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