A Chinese upholstery producer with sales equivalent to £79 million that sells into furniture markets worldwide including the U.K. and Ireland is planning to build a new factory in Vietnam.

Ekornes, the upholstery, furniture and beds group behind the Stressless, Svane and IMG brands, is to make a series of temporary redundancies in its native Norway in response to challenging market conditions.

The shareholders of furniture, beds and home accents distributor Gallery Direct have acquired retailer Willow and Hall through a separately-held group that majors in the supply of lighting.

Ashwood Designs has promoted Darren Baird to managing director in a move that co-founder Richard Smart described as the next chapter in building a new executive management team following the sale of the business last year.

Motion upholstery giant La-Z-Boy plans to reorganise the corporate structure of its U.K.-based activities in a move that will streamline its operations here and further improve its trading results.

Upholstery and beds retailer Hometime Group has achieved two marketing milestones for its Sofatime brand; the launch of a new website, and a first-ever television advertisement.

Inaugural full-disclosure accounts confirm West Midlands based Alpha Designs Upholstery to be among the largest owner-operated sofa manufacturers in the country.

The group behind the Sofa & Chair Company is pushing forward with its Larkbury London brand as it seeks to bounce back from a year that was below expectations and ended with a company voluntary arrangement (CVA) agreed with its creditors.

The October-announced takeover of ScS by Italian upholstery retailer Poltronesofà has moved a step closer after shareholders in the U.K.'s second largest sofa specialist decided to back the deal.

Core furniture exports out of the U.K. declined for the fourth straight month in October despite higher demand from the number one export market.

Italian upholstered furniture giant Natuzzi plans to remain master tenant of its High Point property despite plans to sell the iconic building, senior executives have said.

Consumer household furniture prices stabilised in November, as official data showed a first rise in inflation in the category in nearly a year and a half. By contrast, stubbornly-high flooring inflation eased to a 33-month low.

The leadership team at Long Eaton sofa supplier Siren Furniture have taken a step closer to paying off the outstanding takeover consideration following its management buyout two and a half years ago.

West Yorkshire upholstered furniture manufacturer Sherborne says it is budgeting for a further decline in sales through 2023/24 with expectations for future trading levels to be lower than in its just-reported financial year.

Upholstered furniture imports into the U.K. climbed for the first time in 11 months in October, propelled by trade with Italian and Chinese producers. Imports from Poland continued to lag year-earlier levels.

Turnover at the factory gate declined for the seventh straight month in October on a year-on-year basis, but at the shallowest rate since May.

The decision to absorb rising raw material and labour costs saw La-Z-Boy's wholly-owned U.K. manufacturing company slip to a loss last year, but cash generation was strong and underlying sales were up double-digit.

Tony Lisanti is stepping down as Airsprung Group chief executive, with oversight of the bed and upholstery manufacturer passing to chief operating officer Tean Dallaway.

Ross Fabrics, a key cog in the U.K. sofa manufacturing supply chain, said volumes returned to pre-Covid levels in the year to end March, adding that the cost-of-living crisis was starting to have an impact towards the end of the period.

The West Midlands manufacturing group behind contract seating brands Boss Design, Jack Cartwright and Lyndon Design booked higher profits through 2022/23 but says repeating the feat will be trickier in the new financial year.

A wholly-owned Natuzzi subsidiary that runs three of the Italian upholstery company's stores in London returned to profit last year after it booked the revenue from unwinding its large order book.

The integration of an acquisition and a new startup soft furnishings manufacturing venture helped North West fabrics group Panaz grow through 2022/23. But rising costs meant profits flatlined.

Upholstery and curtain fabrics wholesaler Fryetts said it continued to perform well through 2022/23 despite the recent economic uncertainty, with net margins remaining in double-digit percentages.

Polish sofa manufacturer Tessa Group has taken a significant minority stake in Sofa Club, the fast-expanding upholstered furniture retailer that sells online and through lounges in major U.K. shopping centres.

Industrial giant Vita Group, whose diversified activities span semi-finished and finished products ranging from PU foam to mattresses and underlay, has disclosed the sale price for the disposal of a French subsidiary which completed earlier this year.

Experienced furniture industry executive Bo Simonsen has become group sales director at The Sofa & Chair Company, the London based upholstered furniture manufacturer and retailer.

The carve-up of the adjustable furniture retail group that until earlier this year traded as Middletons and Oak Tree Mobility has led to improved profitability and a better-equipped platform for growth, its owner has said.

A Worcester company incorporated at the turn of the year has been formally told to change its name at the behest of La-Z-Boy Manufacturing U.K., the Lancashire manufacturing arm of U.S. upholstered furniture brand La-Z-Boy.

The chief executive of Natuzzi has detailed other assets that the Italian sofa maker and retailer might consider selling to raise cash, in addition to its iconic High Point building.

Optimism among furniture makers about the trading environment has faded according to an updated poll of its members by the trade association British Furniture Manufacturers (BFM).

Bolia, the modern upholstery, cabinet and accents retail brand that has been present in the U.K. market since 2016, has reported its first loss in 14 years.

Incanto Group, once one of the largest upholstery suppliers to the U.K. market, will bring its Sofitalia brand back to these shores for the first time in ten years in early 2024.

Natuzzi said it did not deliver enough revenue to break even in the third quarter as it lapped an exceptional period last year and endured weak macro economic conditions in markets worldwide.

Upholstery and flooring retailer ScS has appointed Phil Geary as chief marketing and digital officer, filling a post vacated earlier this month after Kyle Rowe took a new position elsewhere.

Output declined double-digit through 2022/23 for Flameproofings, a market leader in the supply of flame retardant fabric coatings for the upholstered furniture industry.

A small West Yorkshire manufacturer of modular sofas and upholstered bed frames has been placed into liquidation within eight months of an ownership change.

JPL Upholstery, a circa £5 million turnover recliner and sofa maker that was producing three models for one of the country's largest furniture retailers, has been placed into liquidation.

Flexlux, the modern chair and sofa brand from Danish upholstery producer Theca, will enjoy its largest U.K. retail trade audience yet when its makes its January Furniture Show debut early next year.

A third senior company official earlier this year became a shareholder in Loaf, the expanding furniture retailer backed by investment firm Blue Coast Capital.

A fourth West Midlands upholstery company managed by former suppliers to Walmsley's has entered insolvency, leaving creditors owed the thick end of £1 million.

Upholstered furniture manufacturer Man Wah Holdings has confirmed it plans to appeal a judge's ruling in the U.S. that it should pay damages to a former supplier after an intellectual property (I.P.) dispute.

U.K. and Ireland revenue almost halved for the owner of the Stressless and IMG upholstered furniture brands in what proved a challenging third quarter.

Upholstered furniture imports into the U.K. continued to trend down in September as they lapped record levels of trade last year.

Near £1 million gain for the Cradley Heath supplier to U.K. upholstered furniture manufacturers and re-upholsterers.

Man Wah Holdings, the Hong Kong listed upholstered furniture conglomerate, booked higher first half profits despite revenue continuing to slide on the back of weaker trade with its biggest export market.

A summer softening in demand impacted third quarter revenue at the upholstered furniture group behind Alstons, Ashley Manor, AMX Design and Alexander & James, but margin expansion mitigated the effect on earnings.

The Manchester upholstered furniture manufacturer behind brands including The English Sofa Company and The Chesterfield Company paid down debt last year as it continued to register six-figure profits.

Upholstery market leader DFS is expanding its store footprint in the capital after agreeing to take over a former Argos unit.

The scion of a Chinese domestic appliance conglomerate is to acquire a controlling stake in Jason Furniture (Hangzhou) Co, one of the world's largest upholstery producers and a major white-label sofa source for large U.K. retailers.

Upmarket furniture design, wholesale and retail group Neptune has pinned a hefty 2021/22 loss on shipping cost inflation but says it has made a swift return to profit after making cost savings and restructuring its leadership team.

U.K. furniture manufacturers recorded an eighth straight year-on-year decline in turnover at the factory gate in September according to new official data out Friday morning.

Global Components (UK), the West Yorkshire based bed, mattress and upholstered furniture components supplier, booked lower profits last year on rising costs and falling revenue.

London based upholstered furniture manufacturer and retailer The Sofa & Chair Co has so far kept to the terms of a company voluntary arrangement (CVA) agreed with HM Revenue & Customs and other creditors a year ago. It follows the finding of cost savings and space consolidation.

Upholstered furniture manufacturer Buoyant has bolstered its design and development team with two key hires arriving from rival sofa companies.

Next's wholly-owned South Yorkshire sofa factory has registered its highest output since the general merchandise giant first started the endeavour seven years ago.

Clarion Events says exhibition space in Hall 1 of the January Furniture Show has now sold out, more than two and a half months before the doors to the event open.

Upholstery and furnishings group Belfield said strong credit control helped narrow its operating cash burn last year in a period where the industry-wide chronic shortage of foam led to production disruption and inefficiencies.

Westbridge says the closure of one of its North Wales factories earlier this summer will bring operational benefits as the Belfield-owned sofa maker looks to bounce back from a challenging 2022.

Revenue reached its highest level since the credit crunch for Tetrad last year, but rising costs weighed on the bottom line.

The mobility group behind direct-to-consumer adjustable furniture brand Willowbrook booked double-digit profits at the EBITDA line in the first full year since a near £40 million venture capital-backed buyout.

Raft will officially open the doors to its first designer furniture outlet on Saturday morning (Nov. 4, 2023), the upholstery vertical and cabinet retailer has announced.

Expanding upholstery brand Swyft reversed seven-figure losses to wash its face through 2022/23 as it benefitted from sales growth, a debt-for-equity swap, and a restructured cost base.

Upholstery manufacturer and distributor TCM Living has appointed Andy Kennaugh as group chief executive with immediate effect.

Market leader DFS has added to its branded upholstery programme with the launch of a new line of sofas and chairs under the iconic Ted Baker label across selected stores and online.

The chairman of TCM Corporation, majority owner of U.K. upholstery group TCM Living, says the company remains in the market for more takeovers, including from outside the sofa sector.

Pimol Srivikorn, chairman and major shareholder in TCM Living, says it is time the industry heard about the takeovers of two of the U.K.'s largest sofa makers "from the horse's mouth." As well as telling us what is coming next.....

Asset disposal specialists have begun a six-day sell-off of manufacturing equipment following the planned closure of the smallest production facility of a major upholstery vertical.

Rachael Nevins has decided to leave Belfield due to personal circumstances after a year as chief executive at the upholstery and furnishings group. Chief operating officer Tom Prestwich has become group md with immediate effect.

Jonathan Fearn has left his post as chief executive of TCM Living, the upholstery group behind the Alexander & James, Alstons, AMX Design and Ashley Manor businesses.

ScS said it expects to upgrade a further dozen stores in the current financial year but the upholstery and flooring chain has cautioned that trade has become harder in recent weeks.

Shares in DFS climbed almost 10 percent in intra-day trading on Tuesday as the upholstery market leader benefitted from takeover talk at its largest U.K. rival. Italian sofa retailer Poltronesofà has had a bid for ScS recommended by its board.

Upholstery manufacturer and distributor La-Z-Boy U.K. has promoted Tristan Pyke from sales director to managing director.

Poltronesofà, a major Italian upholstery retailer with 300 stores across Europe, is set to acquire ScS, the U.K.'s number two sofa retailer.

Four major Chinese furniture manufacturers saw their share prices fall to a year-long low on Monday as a sell-off among the country's largest companies spread across the Shanghai Stock Exchange.

High-end furniture retailer Bridgman was negatively impacted by the travails of Snug last year, ahead of the sofa brand being snapped up and later relaunched by national retail chain ScS.

Sofas & Stuff established its own manufacturing facility last year in a period in which the upholstery retailer booked record revenue and made seven-figure investments.

The management-owned rise and recline chair manufacturer behind the Recliners brand bolstered its balance sheet with high six-figure profits last year.

Furniture and homewares retailer Dunelm said sales grew 9 percent in the first quarter of its 2013/24 financial year with upholstery among its key product successes.

Revenue climbed to record levels for the second straight year at Colchester upholstered furniture manufacturer Alstons in 2022.

The U.K. comfort foam operations of Recticel were more profitable despite lower sales ahead of the business unit being carved out and sold to a private investment company earlier this year.

Stressless owner Ekornes delivered record revenue in the U.K. and Ireland last year, breaking a landmark that had stood for the upholstery giant since 2011.

Shares in upholstered furniture market leader DFS closed at their lowest level in eight and a half years on Friday.

Sofa imports declined for a ninth straight month in August primarily as a result of weaker trade with European partners including Poland, Italy and Romania.

Profits declined but remained class-leading at global fabrics giant Romo last year ahead of a transaction that saw of one of the founder's great-grandsons buy out another.

Turnover at the furniture factory gate fell at its sharpest rate in two and a half years in August, according to new official data released Thursday morning.

Stakeholders seeking to reshape the U.K.'s furniture fire regulations have a diminishing window in which to influence change, with a Government consultation due to close in under two weeks.

Profits returned for TCM Living group last year on the back of sales growth, a strong performance from its Alstons business unit, and the disposal of Arlo & Jacob.

British Furniture Manufacturers (BFM) will bring a new approach to connecting buyers and sellers at its inaugural Future Component Expo (FCExpo) next year by hosting an Innovation Trail.

Emerging branded upholstery and furniture specialist Designer Sofas has opened its previously-signposted new Fosse Park store as it continues its national showroom buildout.

Upholstery specialist ScS will release its preliminary results a fortnight later than planned after the board said a short delay is required for finalisation.

Upstream supply chain rivals Carpenter and Vita Group both found single digit growth last year in a period upended by supply chain challenges and M&A activity.

A major Chinese upholstered furniture producer that once owned a 22-store U.K. furniture chain is to invest in land in Cambodia as part of plans to shift part of its production from its homeland.

West Midlands sofa manufacturer Ashley Manor Upholstery more than halved its net loss last year after a large reduction in sales costs.

The Vita Group, the diversified industrial giant that produces block foam, finished mattresses and flooring underlay, has appointed Omar Hoek as its new chief executive.

Upholstered furniture vertical Sofa.com has reached out to apologise and reassure customers amid delivery issues brought about by a warehouse move and switch to a new logistics partner.

Beds and sofas group Airsprung has consolidated production after moving its Cavendish Upholstery manufacturing operations to its Trowbridge headquarters.

Halo Creative & Design, the circa £150 million turnover international furniture group, has increased its equity position in South East sofa manufacturer Dudgeon.

Expanding South East upholstered furniture chain Designer Sofas has emerged one of the largest and most profitable in the category in the country.

Wider gross margin helped mitigate a sharp fall in sales for upholstery vertical Natuzzi in the second quarter as revenue fell at a steeper rate than in the first.

Sofa manufacturer and wholesaler Scan-Thors (U.K.) returned to profit last year after a decision to bring more of its production in house yielded big margin improvements.

The owner of adjustable beds and riser chair maker Sitting Pretty had its business recapitalised last year in a transaction that vaporised £11 million of debt.

Employee-owned sofa maker Lebus Upholstery says its objective is to reduce debt amid a backdrop of more expensive borrowing costs following recent interest rates rises.

The build-out of upholstery brand Snug is gathering momentum with new monobrand stores and concessions inside branches of its owner ScS opening at a rate of one per week.

A U.K. operator of Natuzzi upholstery stores that is majority-owned by a franchisee delivered seven-figure profits and bolstered its balance sheet last year.

Upholstery group Belfield has appointed a new chief financial officer, filling a role that has been vacant since the departure of former Vita Group finance director David Meltham late last year.

Upholstered furniture manufacturer Whitemeadow cemented its position as the U.K.'s largest wholly-independent sofa maker last year, outperforming its domestic peers.

DFS has signposted the expected financial costs associated with the planned closure of its 24,000sqft Long Eaton manufacturing site, the smallest of the retailer's three sofa factories.

The buildout of the retail footprint of Sofology can lead to the brand becoming the second largest upholstered furniture retailer in the country, according to parent company and market leader DFS.

National retail chain Oak Furnitureland has launched its first upholstered storage bed range after a pilot programme that saw a near four-fold rise in online bed sales.

Retail giant Dunelm said its share of the furniture market was flat through 2022/23 with gains in some big-ticket categories partially negated by weaker sales in others.

Upholstered furniture manufacturer and retailer The Sofa Library is to double store numbers with the opening of a new store on the South Coast.

Weak figures from key European source markets sent sofa imports to an eighth consecutive year-on-slide in July. Chinese imports also fell, but at a shallower rate.

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.

British Furniture Manufacturers (BFM) is moving its longstanding fabric show to a new dateline and venue and will run it alongside the inaugural Furniture Component Expo in 2024.

Upholstery market leader DFS plans to consolidate production at its larger factories resulting in the planned closure of its Berkeley Magna plant in Long Eaton, and a nearby woodmill that supplies it.

The upstream mattress and upholstery supply chain has limited bad debt exposure following the reorganisation at the motion furniture group behind the MiBed and Hestia brands, according to new statutory filings.

U.K. factory gate furniture turnover declined at its sharpest rate in 29 months in July but the Office for National Statistic (ONS) says the previous three months were not as bad as originally reported.

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.

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

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.

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.

Foam company Orsa Foam, a key supplier of semi-finished products for both the mattress and upholstered furniture sectors, is buying out its joint venture partner.

Upholstered furniture giant Ekornes booked higher year-on-year revenue in the U.K. and Ireland in the second quarter of 2023 as it recovered from a slow start to the year.

The group behind direct-to-consumer adjustable furniture brand Willowbrook has promoted from within for its new chief financial officer after the previous incumbent agreed to take a new role.

Upholstered furniture vertical Arlo & Jacob is expanding its retail footprint with the opening of new showrooms in Cambridgeshire and Surrey in addition to a previously-announced store in Cheshire.

Falling orders and rising costs meant Acclaim Upholstery was unable to service its debts ahead of the private label sofa maker being placed into administration earlier this summer, according to a new report by restructuring advisors.

Softer trading impacted the performance of the ecommerce company behind Italian upholstery and cabinet furniture brands SofaItalia and Oak World last year.

BeA Group U.K. has become the second headline sponsor of Furniture Component Expo, the new trade show taking place next spring.

Upholstery market leader DFS will later this year expand its footprint in the capital with a new store in the London Borough of Greenwich.

One of the largest suppliers of foam and fibre interiors used in U.K. upholstery production battled upstream challenges ranging from price hikes to chemical shortages through 2021/22, according to new accounts.

A second former colleague of CEO Rachael Nevins has taken a senior C-suite post at Westbridge and Tetrad owner Belfield amid a number of structural and functional changes at the private equity backed upholstery and soft furnishings group.

Consumer prices rise for household furniture eased to their lowest level in over two years last month, but flooring inflation remains stubbornly high.

A combination of weak demand and key stakeholders working stock levels back to historic norms meant sofa imports dropped by almost a quarter in the first half of 2023.

Upholstered furniture retailer ScS has donated another £27,000 to Shelter, taking the total monetary value of its partnership with the homelessness charity north of £100,000.

Expectations that sofa production will resume at the Acclaim Upholstery plant have been raised locally after actions taken by the company that acquired its assets in the past week.

The opening of stores in the centre and periphery of London represented a multi-million pound investment in launching into the U.K. market for King Living, the upmarket Australian furniture retailer.

The closure of a southeast England vertically-integrated upholstered furniture maker has left HMRC with an unpaid debt north of £500,000.

Second quarter profits recovered for TCM Living as the upholstery group behind Dudley and Colchester sofa makers Ashley Manor and Alstons saw gross margin recover and mitigate lower sales.

U.K. furniture manufacturers' turnover declined for the fourth month in the past five in June and at its steepest rate since the start of 2021.

Administrators handling the insolvency of Acclaim Upholstery have completed the sale of certain assets of the Long Eaton sofa manufacturer.

South West England upholstered furniture manufacturer Kingcome Sofas booked higher profits in the past year thanks to rising sales and the non-repeat of certain costs.

Stakeholders including furniture retailers, manufacturers and wholesalers are being encouraged to provide their views on a proposed new approach to the fire safety of domestic upholstered furniture and furnishings.

Lower demand for U.K. made goods from Ireland, particularly mattresses, hit furniture exports ahead of the summer, according to new data. Upholstery exports held up stronger.

Donna Bellingham has returned to the furniture industry after being appointed chief executive at heritage Yorkshire furniture manufacturer Shackletons.

Danish upholstery conglomerate Hjort Knudsen recorded its first deficit in a quarter of a century last year as its manufacturing operations were disrupted by Russia's invasion of Ukraine. It says it is already trading profitably again.

A near year-long slide in the number of sofa units arriving at U.K. ports came to an end in May after an increase in container loads of goods arriving here from China.

Cousins Olivier and Antoine Roset have succeeded their respective fathers Michel and Pierre Roset as co-CEOs of Ligne Roset as the high-end furniture company enters a new phase in its near 100-year long history.

The cost price of the average U.K.-manufactured sofa declined last year according to the Office for National Statistics (ONS) in a sign end users were trading down to more inexpensive models.

Trentside Products, a key supplier of components to the U.K. sofa manufacturing sector, has agreed to buy fellow upholstery supplies business Allsave Textiles in a deal that expands its product offer.

U.K. manufacturing group Dunham Massey has acquired sofa maker Ashwood Designs from its private shareholders in a deal that represents its second takeover in the furniture sector inside eight months.



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