natuzziCroydonHigh sales growth at key London stores helped sofa giant Natuzzi shrug off the impact of a number of department store concession closures last year.

dfsStoreOfficialAdvent International is to reduce its shareholding in DFS, the national furniture retailer which returned to the stock market earlier this year.

The transition to new owners hit Sofa.com’s bottom line in 2014–15 but the upholstery vertical maintained its sales momentum.

Nottinghamshire upholstery producer Whitemeadow more than doubled profits on the back of rising sales and a 60 basis point swing in gross margin.

The CEO of upholstery and flooring chain ScS says he believes the retailer maintained market share during its “short, sharp dip” in spring trading momentum.

westbridgeFactoryWestbridge put another £6.5m on its top line last year and will grow again in 2015 with its new factory supplying sofas to IKEA fully operational since the first quarter.

Demand in the UK and Italy was strong for Natuzzi in the first six months of 2015 as the upholstery producer made the most of more efficient production to narrow losses.

lebusFactoryRevenue growth escalated at Lebus Upholstery with the Lincolnshire sofa manufacturer posting a third successive double-digit sales climb.

sofaBrandsSofa Brands International posted double-digit top and bottom line growth in the year to end June with its Parker Knoll brand among its stellar performers.

polishUpholsteryPoland again usurped Italy as the prime EU upholstery source for UK importers at the start of the third quarter while Chinese sofa imports also climbed.

Premium sofa and chair manufacturer Spink & Edgar Upholstery and luxury fabrics supplier Swaffer have partnered for a new product line to be introduced this month.

Adjustable furniture vertical HSL delivered profitable growth as it continued to invest in store expansion in the year to end December.

stresslessAdHalf year UK and Ireland revenue declined for Stressless brand owner Ekornes as lower sales in the second quarter eliminated gains made in the first.

Final quarter demand picked up at sofa and carpets chain ScS, which has announced the planned departure of its longtime chief financial officer Ron Turnbull.

Upholstery chain DFS is to expand its Dutch store footprint as tough comps slowed growth in the second half of its 2014–15 financial year.

Heritage sofa maker Wade Upholstery has appointed Mike Greasley as its representative in a number of regions across Britain.

DIY retail stalwart George Adams has joined the board at listed sofas and carpets retailer ScS.



To read the full story: