Devon sofa maker expands top and bottom line and eyes bigger export sales

Scott Coggan and his team are joining Ashley Manor
Former DFS and Fabb Sofas design director Scott Coggan has been appointed to the same role at Ashley Manor, with his development team from Fabb joining him to bolster the Midlands sofa maker's creative output.

Joybird has sales of $55m and specialises in mid-century modern upholstery
Furniture maker La-Z-Boy has agreed to buy Joybird, a fast-growing American Internet retailer specialised in mid-century modern upholstery.

Upholstery vertical Arlo & Jacob will open its new Bristol store on August 14, doubling its physical store footprint.

Upholstery imports into Britain from China are down sharply in the first five months of 2018
Market leader DFS blamed disruption to its Far East supply chain for a decline in delivered sales in recent weeks. It is unlikely to have been the only furniture retailer to suffer.

Old Boot, a leather upholstery business specialised in the sale of Chesterfield style sofas online and from its London showroom, has been placed into liquidation.

Tough trading conditions didn't prevent Stressless sales growing here in the first half of 2018
Half-year U.K. and Ireland revenues were up almost double-digit for Stressless brand owner Ekornes as the recliner and other furniture maker shrugged off weak market conditions here.

Sofa imports increased, offsetting the impact of falling UK sofa production
The value of British sofa production slipped below £1 billion last year after a high single-digit percentage fall compared with the previous year.

Upholstery supplier Scan-Thors (UK) has cautioned of tough trading conditions with input costs rising and customers seeing fewer shoppers entering stores.

Follows House of Fraser agreeing CVA.

Italian upholstery giant Natuzzi expects to open four more Natuzzi Italia showrooms on UK retail parks before the end of 2018, starting with a new unit in Berkshire.

New Natuzzi Editions gallery at Ponsford, Sheffield
Natuzzi has agreed a white-label upholstery deal with one of the UK's largest general retailers as well as expanding distribution through 25 new galleries in independent stockists.

Next began producing sofas in Yorkshire in 2016
Starting up and building a sofa making business unit has seen fashion-to-furniture retailer Next invest millions, new accounts show.

Higher sales at home and the rest of Europe helped one of the UK's biggest suppliers of sofa fabrics offset weaker Chinese revenue last year.

The md of furniture maker Shackletons has sold the business to an external investor who will run the company as chairman and chief executive.

Rise and recliner co. saw sales slide but made positive earnings contribution.

Mulberry Home fabrics to feature on new Tetrad line
Tetrad, the North West sofa maker celebrating its 50th year of trading in 2018, is launching an upholstery programme covered exclusively in Mulberry Home fabrics.

Deposits, one of the biggest bugbears of the industry when others fall insolvent, could be returned
Customers of Fabb Sofas who paid deposits in the period leading up to the retailer's closure may get their money back, after management took steps to protect funds.

Fabb Sofas' Giltbrook store at Nottingham was among its most expensive
Stores traded by Fabb Sofas, which was placed into administration earlier this month, will be difficult to find takers for because of their size and cost.

Sofa imports fell more than a fifth at the beginning of the second quarter as the value of goods shipped in from China declined for a fourth month straight.

The de Sede space will official launch early July
Luxury furniture maker de Sede is opening a shop-in-shop at London department store Harrods, mixing leather upholstery with fashion accents.

Man Wah is buying a rival recliner maker for $68m (£51m)
Upholstery manufacturing giant Man Wah Holdings is buying a Vietnamese rival in a move that consolidates recliner production in the Far East.

Expanding furniture chain Loaf is planning its first store in the Midlands after agreeing to take over a former Argos unit in Solihull.

Privately-owned upholstery producer JDP Furniture Group said a decrease in sales was behind the company recording a seven-figure loss last year.

A second showroom will open this summer with more planned over the next two years
The md of Arlo & Jacob says the London based sofa brand is in "full expansion mode" with plans to open showrooms nationwide over the next two years.

Suppliers to Fabb Sofas have been told to liaise with landlords directly if they want to be reunited with stock they believe is legitimately still theirs.

John Pye will hold nationwide auctions to clear display stock
Officials at PwC — installed as administrators at upholstery retailer Fabb Sofas Thursday — have enlisted auctioneers John Pye to clear store stock of the failed chain.

Mark Smith, (left) and David Lee
David Lee is stepping down as CEO at DM Midlands Group, the supplier behind sofa brands Ashley Manor, AMX and Alexander & James, after 25 years.

Thursday was not great for the upholstery industry in the UK.

Fabb Sofas traded from nine stores
Fabb Sofas, the nine-store sofa chain advised by the founder of DFS and run by a number of its former management team, has been placed into administration.

West Midlands sofa maker Ultra Furniture has been placed into administration through Duff & Phelps, putting 160 jobs at risk.

Ultra Furniture's factory in Kingswinford
Ultra Furniture says speculation the sofa maker has ceased trading is inaccurate. It is, however, examining its options after Tesco, Ultra's largest customer, said it plans to close its Direct business.

Follows departure of Alison Hill to Steinhoff-owned rivals.

Natuzzi's Tottenham Court Road, London showroom
Natuzzi said its British retail stores delivered first quarter growth and says it will add new stores here later this year.

Ekornes had UK sales of around £19m last year
Chinese furniture maker and retailer Qumei is to buy Norway's Ekornes — owner of the Stressless recliner brand — in a deal worth the equivalent of £472 million.

Management change at upholstery vertical
Change at the top at, the clicks-to-bricks upholstery specialist which recently saw debt holder take control.

Revenue jumped nearly a third at recliner maker Man Wah Holdings as the acquisition of sofa factories in the Baltic states masked soft trading at its underlying European business.

First quarter upholstery imports into Britain fell primarily because of weaker figures from China, the UK's main source of overseas product.

UK delivered sales advanced for Stressless in Q1, 2018
High demand late last year helped Ekornes, owner of the Stressless furniture brand, deliver double-digit revenue growth in the first three months of this year.

Keith Wilson has been promoted to managing director EMEA
Keith Wilson's brief as managing director for La-Z-Boy UK has been expanded to take in the rest of Europe as well as the Middle East and Africa.

To Read The Full Story: