Designer furniture, lighting and lifestyle retailer The Conran Shop has completed its return to Chelsea with the opening of its long-planned new store at Sloane Square.

The insolvent buyout of Midlands kitchen maker Mereway by South Wales based Sigma 3 leaves most creditors nursing an expected shortfall, according to a new report.

Profits declined from a record high for HSL last year as the upholstered furniture and beds specialist booked higher costs, outweighing the impact of double-digit sales growth.

A serial West Yorkshire investor in distressed assets has come to the rescue of ecommerce kids furniture retailer Great Little Trading Company after it was placed into administration earlier this week.

Department store retailer John Lewis will improve its credit offer as it looks to arrest a slide in big-ticket sales with customers holding back on home items ahead of peak trading.

Marks and Spencer (M&S) will next week launch cabinet and upholstery designed and branded in collaboration with Swoon, the ecommerce-led furniture company.

Holly Yates has been promoted to managing director at The French Bedroom Company, the Sussex-based ecommerce furniture retailer.

Home furnishings retailer Glasswells has presented Graham Vale, deputy carpet manager at its Bury St Edmunds store, with an award for 50 years of service.

Underlying profits fell sharply on higher costs and weaker output for Mattressman in the year to March, but the successful completion of a company voluntary arrangement (CVA) helped repair the bed retailer's balance sheet.

The East of England beds retail group behind the Mattressman chain has appointed Kevin Johnson, the former chief executive of The Cotswold Company, as chairman.

A Finnish furniture recommerce company with plans to become the Europe-wide category leader has raised €2.5 million from a Nordic venture capital collective to support its growth ambitions.

Home and leisure retailer The Range has agreed to buy the brand and other intellectual property of Wilko, the hardware and convenience store retailer that filed for insolvency last month.

Half-year profits came within a whisker of last year at French furniture retail brand Roche Bobois as rising output mitigated cost increases.

Restructuring advisors at Kroll says they have released an initial multi-million pound distribution to a subsidiary of retail giant Frasers Group, the secured creditor of insolvent TV shopping network Ideal World.

The owner of beds and upholstery group Airsprung and furniture brand Fabb has provided further debt finance to Beales, the once-national department store retailer.

Post-pandemic revenue recovered for the U.K. arm of high-end Italian furniture maker Poltrona Frau but higher costs weighed on the bottom line.

Former JYSK apprentice Rami Jensen has formally taken over as president and CEO of the Danish furniture conglomerate, completing a long succession programme that has been two years in the planning.

Revenue and earnings dipped for Danish modern furniture conglomerate BoConcept through 2022/23 in a year that still saw some notable successes.

Panther Logistics' revenue passed nine figures for the first time last year as the warehousing and two-person delivery company profitably onboarded a series of new customers.

Alessi, the Italian designer homeware company, saw revenue drop back at its wholly-owned U.K. operation in 2022. Sales still remained ahead of the preceding seven years.

Turnover was down 12 percent to £4.26 million at Alessi (U.K). in the 12 months to December 31, 2022, with the business unit delivering profits down 5.7 percent to £78,693.

Alessi (U.K) revenue: 2013–2022 (£m)

Alessi uk sales550

The Italian company's products are sold via its own channels as well as through third parties spanning department store retailer John Lewis to design retailers including Heal's and SCP.

Net assets for the U.K. subsidiary increased to £1.12 million (2021: £1.05m), which largely reflects £1.3 million of historic shareholder equity funding.

Glasswells has presented longtime bed buyer Julie Valentine with an award for 30 years of loyal service at the major independent home furnishings retailer.

RH, the luxury furniture retailer formerly known as Restoration Hardware, says it is pleased with the initial response following the launch of its debut U.K. gallery earlier this summer and reaffirmed the opening timeline for its second.

The largest owner of IKEA stores worldwide is expanding mattress recycling to more European markets but says not enough is being done to disincentivise others from incinerating old goods.

Loaf is launching a new advertising campaign that creates a fresh narrative for the upholstery, beds and furniture retail brand.

Upholstery market leader DFS has agreed £250 million of new credit facilities in a refinancing that provides additional liquidity.

Will Kernan is to join the board of John Lewis Partnership, parent to the department store and supermarket chains John Lewis and Waitrose.

An Essex-based independent furniture retailer is to move into the former Dansk store on the Lakeside Retail Park, one of the busiest home shopping destinations in the country.

An ecommerce retailer of U.K.-made upholstery and sustainably-sourced cabinet from Asia that gained traction through the pandemic has ceased trading.

More key figures have an equity stake in the Cotswold Company after a series of summer share issues that dilute the interest of the £93 million furniture retailer's longtime private equity backer.

Hästens Beds U.K. chalked up a fourth seven-figure deficit in the past five years in 2022, prompting its Swedish parent to inject more cash into the business.

Freemans Grattan Holdings (FGH), the West Yorkshire ecommerce giant behind multiple home shopping brands, is expected to return to growth after a shift in strategic emphasis hit revenue in the past year.

Top end bed manufacturer and retailer Savoir boosted revenue and earnings power through 2022 amid receding pandemic impacts and wealthy clients continuing to buy.

Sofa covers, re-upholstery and curtains company Plumbs made headcount reductions as it sought to find cost savings amid an increasingly challenging market last year.

The bottom line gained for at least the eighth straight year at Lukehurst through 2022/23 as the privately-owned furniture retailer continued to invest in store upgrades.

XXXLutz Group, one of the three largest furniture retail groups in the world, has agreed the takeover of a major German independent retailer after it filed for insolvency.

Furniture retailer Home Outlet Store opened its new Oxfordshire branch last Friday after the reverse logistics specialist completed a previously-signposted buyout of Trade Secret's assets.

Furniture retailer Loaf was the largest industry creditor of Trade Secret, the returns and cancelled orders specialist that folded earlier this summer.

Discount department store retailer TJ Hughes slipped to a loss last year as a result of rising costs and a pro-rata fall in output.

Profits in Ireland fell for Harvey Norman as the furniture and electricals chain lapped strong comps and adopted a conservative approach to its accounting policies regarding tax.

Jeff Hughes has become only the fourth person in Housing Units' 76 year history to reach a milestone 40 years with the company, one of the largest home furnishings retailers in the country.

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