dfsCo 2Sofa chain DFS has confirmed plans to return to the stock market in a move it hopes will raise cash to pay down debt.

buoyantUpholsteryThe double-digit growth trend at expanding sofa manufacturer Buoyant Upholstery continued in the first year since it was acquired in a private equity backed MBO.

sofaBrandsThe group behind sofa firms G Plan Upholstery, Parker Knoll and Duresta has been sold to its management and an investment firm headed by the former CEO of Bank of Scotland.

Duresta says it has enjoyed a bump in demand from export markets including Australia, Japan and the Middle East while external factors have caused others to wobble.

The owner of ScS is progressing plans to sell or float the UK’s second largest upholstery retailer with an IPO announcement possible within weeks.

jdpUpholstery group JDP — owner of the Celebrity, Cintique, Wade and Parker & Farr brands — posted strong sales and profits in the year to end September.

sherborneWest Yorkshire upholstery producer Sherborne has posted its first seven-figure profit in 13 years, with a 320 basis point swing in gross margin a contributing factor.

Current demand has put iconic sofa brand Tetrad on track to grow sales by more than £3m this year and even more the next with the company in line to return to profit.

ashleyManorThe independent upholstery group behind the Ashley Manor and Alexander & James brands posted record sales and profits last year though growth slowed.

Upholstery producer Collins and Hayes has named Emma Hughes as sales team manager with responsibility for the South West, Midlands, Wales and Ireland.

Global upholstery producer Natuzzi has lofty ambitions for the UK market in 2015 as it looks to build on solid growth here this year.

Longtime Collins and Hayes sales manager Bruce Cowen is retiring at the end of 2014 after 32 years with the company and more than 50 years in the furniture industry.

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