Wholesale, Distribution & Logistics
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- BEDS & MATTRESSES
Simba Sleep said it was profitable at the EBITDA line for the fifth straight quarter as it reported accelerating sales growth amid the easing of store restrictions in the three months to end June.
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- SUPPLY & WHOLESALE
Howdens, the trade kitchen and joinery products supplier, says it now believes there is the scope for 900 U.K. depots, 50 more than previously targeted.
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- FLOORCOVERINGS
Richard Moore, executive director at Associated Carpet Group (ACG), is to leave for a new role in the U.K. floorcoverings sector after 16 years with the buying organisation.
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- SUPPLY & WHOLESALE
A new online marketplace targeting interior designers with samples of fabrics, flooring, wallcoverings and other interior materials is gaining traction, with more 40 brands now signed up.
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- SUPPLY & WHOLESALE
A return to more normal margin levels boosted profits for the company behind LPD Furniture in 2019/20 with its furniture division achieving big sales growth despite the pandemic.
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- SUPPLY & WHOLESALE
The luxury interior design and furnishings group behind the Morris & Co brand has cited post-Brexit demand for British-made goods among three positive sales drivers this year.
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- SUPPLY & WHOLESALE
One of the U.K.'s largest decorative lighting suppliers took a large six-figure bad debt charge following Laura Ashley's closure last year, while the pandemic exacerbated the impact on profits.
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- BEDS & MATTRESSES
South Yorkshire bed company Aspire Furniture has taken a large warehouse near Leeds as it puts in place the foundations for planned growth over the next few years.
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- SUPPLY & WHOLESALE
The U.K. arm of French designer furniture label Ligne Roset recorded a fourth straight loss in a year where revenue declined as a consequence of pandemic disruption.
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- RETAIL & DISTRIBUTION
Revenue dropped by nearly a third for upholstery importer Scan-Thors (UK) through 2019/20 with the West Yorkshire company citing the dual impact of the pandemic and the closure of Laura Ashley, a significant customer.
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- SUPPLY & WHOLESALE
Living, dining and bedroom wood cabinet imports have reached never-before seen levels in the first five months of 2021 despite well-publicised supply chain challenges.
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- UPHOLSTERY
The growth in sofa shipments to the U.K. slowed in the spring as retailers came closer to unwinding late 2020 orders and were left with only digital sales channels to replenish them.
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- CASE GOODS
Major U.K. cabinet maker Symphony built cash and remained profitable last year despite taking a large Covid-related hit to its top line.
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- BEDS & MATTRESSES
Foam and sprung mattress imports jumped 90 percent on 2020, new figures show, with the total for the year to date now almost matching comparable data for 2019.
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- FLOORCOVERINGS
Carpet imports rocketed in the spring with the cumulative total for 2021 now overtaking comparable data for 2019 for the first time this year.
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- SUPPLY & WHOLESALE
Supply chain challenges continued to impact U.K. furniture makers at the end of spring with manufacturing turnover still well down on pre-pandemic output.
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- TRADE & INDUSTRY
The number of furniture, furnishings and flooring companies filing for insolvency in the U.K. continues to fall sharply as a result of strong consumer demand and Government support measures.
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- FLOORCOVERINGS
The pandemic delayed the opening of a new distribution centre and ended more than a decade of growth for one of the U.K.'s largest privately-owned carpet wholesalers, but sales bounced back strongly after the first lockdown.
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- SUPPLY & WHOLESALE
Akula Living, the outdoor furniture supplier to the leisure and hospitality sectors, has agreed a six-figure debt finance package to help it fund overseas growth.
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- SUPPLY & WHOLESALE
Floorcoverings distributor Likewise Group says it plans to raise £10 million as part of a move to the Alternative Investors Market (AIM) of the London Stock Exchange.
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- SUPPLY & WHOLESALE
Paloma Faith, the singer, songwriter and actress, has launched her own direct-to-consumer and wholesale interiors brand, majoring in soft furnishings and with plans to expand into furniture.
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- SUPPLY & WHOLESALE
Headlam Group, the Midlands headquartered flooring wholesale conglomerate, has moved to reassure customers regarding stock against a backdrop of industry-wide supply issues.
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- SUPPLY & WHOLESALE
One of the U.K.'s largest makers of upholstered furniture for the leisure industry incurred a first-ever loss last year as its principal market was among the hardest hit by Covid.
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- SUPPLY & WHOLESALE
Classic Furniture, one of the U.K.'s largest privately-owned furniture importers and wholesalers, grew profits last year on the back of wider margins.
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- UPHOLSTERY
A showroom on Tottenham Court Road has doubled the number of Noble Souls stores in London as brand owner Timothy Oulton continues its worldwide expansion strategy.
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- UPHOLSTERY
International trade in upholstered furniture ticked up last year despite Covid-19 wreaking havoc through the supply chain, limiting the ability for manufacturers to produce and retailers to open stores.
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- BEDS & MATTRESSES
Tempur Sealy International (TSI) and Leggett & Platt (L&P) both have long track records in the U.K. bedding market but their importance will be elevated further following deals for Dreams and Kayfoam Woolfson respectively.
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- RETAIL & DISTRIBUTION
Ultra high end furniture company Linley says its business stands renewed, ahead of plan and restored to profit as it recovers from the profound impact of the pandemic.
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- FLOORCOVERINGS
Flooring conglomerate Victoria has agreed to buy multichannel U.S. smooth flooring distributor Cali Bamboo Holdings for consideration totalling $76.1 million (£55.1m) in addition to the paydown of debt.
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- SUPPLY & WHOLESALE
Britain's competition watchdog said it will use the remainder of 2021 to gather, analyse and review information in relation to suspected resale price maintenance by a prominent U.K. lighting company.
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- UPHOLSTERY
Sofa fabrics supplier Mobus has paid tribute to md Ian Bostock following his decision to retire, saying he made a huge contribution and that it will look to build on his legacy.
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- SUPPLY & WHOLESALE
Revenue declined for one of the U.K.'s largest suppliers of decorative lighting last year, with it saying that traditional bricks-and-mortar retail was hit first by Brexit uncertainty, which was then accelerated by the pandemic.
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- SUPPLY & WHOLESALE
Revenue was flat at the wholly-owned retail arm of furniture and interiors brand Neptune in the year to September but its wholesale division, which also supplies third party retailers and franchisees, found growth.
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- RETAIL & DISTRIBUTION
Revenue advanced sharply for Costco's U.K. ecommerce business last year powered by growth in categories such as home and office furniture.
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- SUPPLY & WHOLESALE
Profits fell by more than a third for the U.K. arm of furniture manufacturing conglomerate Herman Miller last year, hit by the pandemic and one-off costs.
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- RETAIL & DISTRIBUTION
Consumer price inflation for furniture and furnishings reached its highest level since late 2016 last month as retailers passed on the effects of rising costs through the supply chain.
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- SUPPLY & WHOLESALE
A year-end buffeted by Covid failed to prevent furniture wholesaler Julian Bowen finding double-digit revenue and profits growth last year.
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- SUPPLY & WHOLESALE
An industry-wide lament over rising container prices and limited space aboard vessels is unsurprising given never-before seen levels of wood furniture arriving in the U.K. from the Far East.
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- SUPPLY & WHOLESALE
The Vita Group has joined the Furniture Makers' Company, the furnishings industry charity and City of London livery company, as a corporate member.
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- UPHOLSTERY
Ships rammed front-to-back with upholstery landed on U.K. shores in the first four months of 2021 with imports up 43 percent year-on-year and 10 percent on a more comparable two-year basis.
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- RETAIL & DISTRIBUTION
Furniture conglomerate JYSK is to build a vast distribution centre in the Netherlands serving stores in four countries including the U.K. and Ireland.
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- BEDS & MATTRESSES
Mattress supplier Mammoth has backed the Pickstar Rugby Players Association 2021 Awards by sponsoring the England Men’s Player of the Year category.
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- SUPPLY & WHOLESALE
Sales and profits declined for Coach House in 2019–20 but the major furniture and home accents supplier still delivered a class-leading performance amid the disruption of the pandemic.
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- SUPPLY & WHOLESALE
U.K. furniture production continues to recover from the pandemic but turnover across the sector still remains short of comparable data from two years ago despite high demand.
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- FLOORCOVERINGS
Imports of carpets climbed four-fold on last year and were up more than a third on a two-year basis as retailers and distributors looked to satisfy rising demand among end users.
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- UPHOLSTERY
The soft furnishings supplier behind the ILiv brand found margin expansion as it mitigated the impact of a double-digit pandemic-influenced fall in sales last year.
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- FLOORCOVERINGS
Pandemic disruption didn't stop the Northern Ireland headquartered company behind the Flanagan Flooring Distributors business finding sales and profit growth in the year to end September.
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- SUPPLY & WHOLESALE
A pandemic-induced loss of revenue in the final quarter of its financial year didn't stop major rug supplier Flair Flooring near maintaining full year sales in 2019–20.
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- BEDS & MATTRESSES
The owner of the M Line mattress wholesale brand that was once ubiquitous across British retail parks is launching a new bed subscription service in the hope of generating lifetime relationships with customers.
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- SUPPLY & WHOLESALE
The company behind the Stompa kids furniture brand in the U.K. made substantial six-figure gains in the year taking in the early weeks of the pandemic, building cash in the process.
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- SUPPLY & WHOLESALE
A new Legal Hub for British furniture manufacturers launched Monday offering legal and business advice on subjects such as health and safety, employment, tax, contracts and data protection.
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- TRADE & INDUSTRY
The value of furniture imports into the U.K. may have risen in the past decade but new data indicates that buyers are coalescing around fewer, larger manufacturers as a result of global consolidation.
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- FLOORCOVERINGS
A combination of selling price increases and supplier negotiations have helped flooring conglomerate Victoria shrug off the impact of rising input costs in a period of never-before seen growth.
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- SUPPLY & WHOLESALE
The overwhelming majority of U.K. furniture manufacturers are elevating the management of environmental challenges as a business priority, but all those taking part in a new research study say there is not yet a sector-wide strategy across the industry.
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- TRADE & INDUSTRY
FIRA International is conducting a review of its furniture inspection and repair business but says no definite decision has been taken regarding the outcome, rendering closure talk premature.
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- DEALS & FINANCE
Recticel, the Belgium foam conglomerate and a key supplier to U.K. sofa and mattress manufacturers, says the €755 million takeover approach by rival Greiner is nowhere near high enough.
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- FLOORCOVERINGS
Headlam Group, the flooring wholesale giant, said its residential business helped deliver strong growth on weak comparatives last year and keep revenue within a whisker on a two-year basis.
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- UPHOLSTERY
Five of the existing leadership team have completed a management buyout at East Midlands sofa designer, importer and distributor Siren Furniture. They plan to expand the business' customer base.
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- SUPPLY & WHOLESALE
Raw materials and other furniture makers' input costs are rising at their fastest pace in almost 13 years, according to the Office for National Statistics (ONS).
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- BEDS & MATTRESSES
Direct-to-consumer mattress brand Simba Sleep says it enjoyed a record first quarter while one of its private equity backers has exercised an option to invest further funds that will be used to expand internationally.
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- UPHOLSTERY
Delivered revenue jumped more a third in the first three months of the year for upholstery group TCM Living, though rising sales costs owing to supply chain challenges weighed on profits.
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- TRADE & INDUSTRY
The organiser of the Manchester and January Furniture Shows is launching Reveal, a new trade ecommerce platform that aims to deliver a permanent digital shopfront for industry retailers and suppliers.
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- SUPPLY & WHOLESALE
Foam supply giants Greiner and Recticel could unite after the former said it was planning a takeover approach after already agreeing to buy more than a quarter of the company from a third party. Officials will meet Monday to discuss a deal.
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- UPHOLSTERY
The U.K. arm of upholstery conglomerate La-Z-Boy said it had performed very strongly in a challenging market even if the pandemic overshadowed the last knockings of its just-reported financial year.
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- SUPPLY & WHOLESALE
Cost savings and state support helped mitigate a double-digit fall in revenue for Sanderson Design Group in the year to January 31, 2021.
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- BEDS & MATTRESSES
Year-on-year foam and sprung mattress imports rose 11 percent in the first quarter of 2021 on higher shipments from Turkey and China. They remain down on a two-year basis.
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- UPHOLSTERY
U.K. upholstery imports surged at the end of the first quarter on a mix of higher demand and annualising production problems in China because of the pandemic last year.
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- FLOORCOVERINGS
Manufacturers in Belgium, the largest source of foreign-made carpet sold in the U.K., ended a barren run stretching back to September 2019 at the end of the first quarter.
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- UPHOLSTERY
The unwind of pre-lockdown orders wasn't enough to keep revenue positive in the U.K. for Stressless brand owner Ekornes in the first quarter of 2021 as the lockdown prevented an immediate building on full year growth here for last year.
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- SUPPLY & WHOLESALE
Furniture manufacturers across the U.K. delivered their first annual rise in output in more than 12 months in March, according to new official figures published yesterday.
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- SUPPLY & WHOLESALE
High-end furnishings group Sanderson Design Group hopes to expand distribution of its Morris & Co. brand across east and southeast Asia after penning a new exclusive licensing agreement.
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- SUPPLY & WHOLESALE
Hampshire lighting supplier Elstead returned to profit in the year to July 31 last year as wider margin and lower costs helped mitigate a second straight slide in revenue.
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- SUPPLY & WHOLESALE
A Nottinghamshire furniture manufacturer specialised in supplying the hotels and hospitality market says new debt finance will help it expand into new contract segments.
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- SUPPLY & WHOLESALE
The CEO of major foam company Recticel says chemical raw materials supply remains constrained and the situation will endure longer than previously anticipated.
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- RETAIL & DISTRIBUTION
Delivered sales climbed by more than a quarter for the U.K. arm of prestige furniture retailer Roche Bobois in the first quarter as it annualised the enforced closure of its warehouse last year.
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- SUPPLY & WHOLESALE
Fashion house Fendi and B&B Italia owner Design Holding are to form a joint venture to make, market and sell furniture and furnishings under the Fendi Casa brand.
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- FLOORCOVERINGS
Victoria, the acquisitive flooring conglomerate, has agreed to buy Dutch artificial grass supplier and carpet backing company Edel Group from its private equity owners.
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- FLOORCOVERINGS
Mohawk Industries, the world's largest flooring company with business units across the globe including Britain, says the first quarter of 2021 saw it achieve best-ever quarterly sales.
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- SUPPLY & WHOLESALE
Actona Company, the circa £230 million Danish furniture supplier, is expanding its herringbone cabinet offer to more countries as it builds on its popularity in the Scandinavian market.
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- SUPPLY & WHOLESALE
Chaucer Logistics, a specialist provider of logistics services to the furniture sector, has begun a seven-figure expansion project that will see it add extra storage capacity before the end of 2021.
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- UPHOLSTERY
Upholstery conglomerate La-Z-Boy is among a number of investors joining a $15 million Series B funding round for U.S. furniture ecommerce company Floyd.
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- SUPPLY & WHOLESALE
The price of materials and fuels used by U.K. furniture makers rose at its fastest pace in nearly three years in March, new official figures show.
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- BEDS & MATTRESSES
Mattress retail and wholesale brand Emma - The Sleep Company says U.K. sales almost doubled in the first quarter as it continued to benefit from competitor withdrawal.
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- FLOORCOVERINGS
Victoria, the diversified flooring manufacturer and distributor, has picked up three Italian tile peers in deals worth a combined €35 million. They are the first, and smallest, of several deals in the pipeline, the company said.
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- DEALS & FINANCE
Timothy Oulton, owner of the eponymous international furniture brand, increased his stake in interior design company Andrew Martin International last year after acquiring the shares of a number of outgoing shareholders.
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- DEALS & FINANCE
Design Holding, the investment group behind prestige furniture and lighting brands including B&B Italia, Louis Poulsen and Flos, has agreed to buy YDesign Group, a large U.S. based ecommerce lighting retailer.
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- DEALS & FINANCE
Herman Miller and Knoll, both major players in the supply of office furniture worldwide, are to merge, with the former buying the latter in a deal worth $1.8 billion.
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- SUPPLY & WHOLESALE
The diversified wholesaler behind the Aruna Homeware business made sales gains in the period leading up to and including the early weeks of the pandemic, but not in its home accents unit.
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- SUPPLY & WHOLESALE
Home office and workplace furniture maker and wholesaler Dams booked smaller profits on lower sales last year but continued to generate cash.
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- BEDS & MATTRESSES
Foam and sprung mattress imports into Britain climbed for the third straight month in February and have now trended lower only once in the past six reported periods.
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- SUPPLY & WHOLESALE
A rise in the number of shipments from Vietnam and China docking at U.K. ports floated living, dining and bedroom cabinet imports to new heights at the start of 2021.
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- FLOORCOVERINGS
Designer Contracts, the floorcoverings and furnishings supplier to the house-builder market, has taken new hires since January to 25 with its latest appointments.
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- UPHOLSTERY
Upholstery imports into the U.K. jumped by almost a quarter in February despite almost every major source nation for British buyers seeing a year-on-year decline.
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- FLOORCOVERINGS
Profits more than trebled in the lead up to the pandemic for one of the U.K.'s largest privately-owned floorcoverings companies.
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- FLOORCOVERINGS
Carpet and rug imports from Turkey are up more than a quarter in 2021 so far according to new official figures, helping mitigate the continued fall in the value of goods coming in from historic trading partners.
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- FLOORCOVERINGS
The easing of travel restrictions around the world is helping grease the wheels of Victoria's acquisition strategy, with the flooring conglomerate soon to announce new takeovers.
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- SUPPLY & WHOLESALE
Bed and bath textiles distributor and retailer Bedeck bolstered liquidity in the year to end September, mitigating the negative impact of the pandemic on its business.
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- UPHOLSTERY
Italian sofa giant Natuzzi is in talks with a large Vietnamese furniture maker that could see it expand its operations in the Asia Pacific region. It follows a similar arrangement made with the owner of the Kuka brand in 2018.
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- TRADE & INDUSTRY
The number of U.K. furniture, flooring and furnishings companies falling insolvent fell to record lows in the first three months of 2021, despite limited trade because of coronavirus restrictions.
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- RETAIL & DISTRIBUTION
Direct-to-consumer mattress company Eve Sleep has named Mike Lloyd, the chief operating officer at former FTSE 250 business McCarthy & Stone, as its new chairman.
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- SUPPLY & WHOLESALE
Sales jumped double-digit despite challenging market conditions for lighting supplier Cascade in 2019–20, but profits declined on thinner margins.
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- FLOORCOVERINGS
Nestware Holdings, part of the Meditor Group that took Carpetright private early last year, has agreed to buy major flooring distributor Carpet & Flooring from its private equity backer Endless. It is its third acquisition in six months.
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- SUPPLY & WHOLESALE
Upmarket furniture, lighting and accessories company Porta Romana was impacted by the early weeks of the pandemic, but it said it bounced back after the first lockdown.
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- CASE GOODS
German bedroom furniture maker Rauch has aligned its product development and marketing functions and hired a new leader to run the merged unit.
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- BEDS & MATTRESSES
Direct-to-consumer brand Emma - The Mattress Company has added more bed industry knowhow to its UK. and Ireland sales force as it looks to build a larger wholesale presence on the shop floors of key retailers.
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- SUPPLY & WHOLESALE
Britain's home office furniture market shrank in 2020 despite the move to home-working according to a new report by AMA Research. It says that will reverse this year as consumers make more permanent home office arrangements.
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- UPHOLSTERY
A new agreement with U.S. wholesale conglomerate Costco can pave the way for similar partnerships in other world markets, according to recliner maker IMG.
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- FURNISHINGS & ACCENTS
Higher demand from online retailers and DIY sheds helped diversified lighting and electricals supplier Luceco mitigate the impact of the pandemic last year.
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- BEDS & MATTRESSES
Mattress and sleep brand Mammoth and the British Athletes Commission (BAC) have extended their long-running partnership for an additional year.
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- SUPPLY & WHOLESALE
Higher sales helped profits rise sharply for the group behind gift and homeware wholesaler Lesser & Pavey in the run-up to the pandemic.
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- SUPPLY & WHOLESALE
Imports and exports of furniture and flooring fared worse than other goods and commodities in the first month since the end of the Brexit transition, initial Government data shows.
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- SUPPLY & WHOLESALE
Living, dining and bedroom cabinet imports reached record levels in January with retailers and wholesalers bringing in never-before seen levels from both China and Vietnam.
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- BEDS & MATTRESSES
Rises from both inside the E.U. and out powered an increase in foam and sprung mattress imports in January, according to new figures.
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- UPHOLSTERY
Upholstery shipments fell back in January on weaker figures from both China and Poland, the two largest sources of foreign-made sofas sold in the U.K.
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- FLOORCOVERINGS
The slog for Belgium's carpet makers continued at the start of 2021 with Britain's biggest trading partner for the category sustaining another sharp fall in the value of product arriving here.
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- SUPPLY & WHOLESALE
The National Lighting Company, one of Europe's largest suppliers of lighting to the retail market, found improvement last year despite the non-linear nature of trading through the pandemic.
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- SUPPLY & WHOLESALE
Laura Ashley home ranges to be sold through the Next brand network will feature soft furnishings sourced through Ashley Wilde, the Hertfordshire headquartered fabrics group.
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- SUPPLY & WHOLESALE
International interior furnishings supplier Sanderson Design Group has relaunched websites for all its individual brands along with refreshing its corporate presence online.
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- SUPPLY & WHOLESALE
Headlam, Europe's largest flooring wholesaler, says it will add almost 40 new trade counters over the next four years in response to rising demand from retailers and fitters for click-and-collect.
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- BEDS & MATTRESSES
Italian mattress and sleep brand Dormeo continued to build momentum at its U.K. business last year saying the Covid situation has worked in its favour.
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- SUPPLY & WHOLESALE
Danish furniture design brand BoConcept and U.S. furnishings conglomerate Haworth have announced a strategic partnership they say will open up access to global markets for both entities.
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- UPHOLSTERY
Lockdowns meant revenue fell in high single-digits for the group behind the Alstons, Ashley Manor and Alexander & James brands last year but high demand outside those periods prompted it to expand its production capability.
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- BEDS & MATTRESSES
Recticel, the Belgian foam conglomerate, has begun plans to offload its dedicated finished bedding manufacturing business following a strategic review.
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- FLOORCOVERINGS
Flooring manufacturer and wholesaler Victoria has issued £500 million of new bonds, more than 40 percent higher than originally planned after strong investor demand.
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- FLOORCOVERINGS
Carpet and vinyl flooring manufacturers and distributors are facing up to supply shortages and cost increases for yarn, PVC and other raw materials with a significant knock-on effect expected for retailers.
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- ECOMMERCE
An online retailer behind multiple branded bedding websites slipped to a loss last year after higher sales costs hit margins.
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- FLOORCOVERINGS
Carpet and flooring manufacturer and wholesaler Victoria is to refinance with a leverage-neutral bond issue for €350 million.
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- CASE GOODS
China was the only major cabinet furniture source nation to match year-earlier levels in 2020 as the pandemic clipped imports into the U.K. from most key markets.
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- BEDS & MATTRESSES
A rush of imports in the final quarter meant Britain brought more foreign-made mattresses into the U.K. for the seventh year in a row in 2020.
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- SUPPLY & WHOLESALE
Profits advanced at designer kitchenware and housewares brand Joseph Joseph in 2019–20 with the privately-owned design and wholesale company citing strong growth in the period since.
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- BEDS & MATTRESSES
Shares in direct-to-consumer brand Eve Sleep reached their highest level since July 2019 after a tie-up between the mattress and ancillary products company and a wellness cannabis distributor was revealed.
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- UPHOLSTERY
A glut of containers arriving at U.K. ports from China in December meant sofa imports passed all previous record-highs for the second straight month as the industry rushed to get Christmas orders delivered.
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- SUPPLY & WHOLESALE
The new owner of the Laura Ashley brand and other intellectual property has agreed a manufacturing and product development partnership with Graham & Brown, the wallpaper and paints manufacturer.
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- FLOORCOVERINGS
Designer Contracts has expanded its presence in Scotland in response to exponential sales growth, the floorcoverings contractor and supplier says.
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- DEALS & FINANCE
Joules Group, the fashion and lifestyle company, has taken a decisive step into the furniture and home sector after agreeing to buy The Garden Trading Company, a fast-growing online retailer with a substantial wholesale arm.
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- SUPPLY & WHOLESALE
The plug was pulled on the U.K. operation of a leading maker of high-end furniture for luxury yachts and private planes after it was adversely impacted by a range of factors including Covid-19.
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- UPHOLSTERY
Harvey Roberts has been appointed managing director at upholstery manufacturer and distributor Hydeline Furniture.
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- FLOORCOVERINGS
Flooring contractor Designer Contracts has appointed Simon Westley as logistics manager and promoted three managers to new roles.
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- INTERNATIONAL
Lars Larsen Group, the Danish conglomerate behind some of the largest furniture retail and wholesale operations in the world, booked highest-ever sales and profits last year and said it also paid a record amount of tax.
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- SUPPLY & WHOLESALE
Diversified homewares distributor Sabichi booked seven-figure profits after a sharp rise in revenue in the year to October 31, 2020.
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- CASE GOODS
Steps taken to broaden the appeal of the heritage Nathan brand have paid dividends according to the furniture company, with a new generation of social media-savvy consumers now following the business.
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- BEDS & MATTRESSES
Direct-to-consumer brand Emma - The Sleep Company is to stretch its price architecture with a new smart mattress programme set to retail for upwards of £2,000. It follows exponential growth last year that saw the business reach revenue of €405 million worldwide.
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- FLOORCOVERINGS
Headlam Group, Europe's largest collective of floorcoverings wholesalers, says strong demand for residential flooring products in the second half of last year helped negate weaker earlier trading.
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- ECOMMERCE
Full year sales climbed for Eve Sleep with the direct-to-consumer mattress and ancillary products company saying it had cut losses too on the revenue tailwind and business model adjustments.
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- SUPPLY & WHOLESALE
Profits at Sanderson Design Group, the luxury interiors manufacturer and wholesaler formerly known as Walker Greenbank, will rise after the company outperformed expectations.
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- BEDS & MATTRESSES
Consumers pivoting to ecommerce last year boosted U.K. revenue and profitability for the company behind the DreamCloud and Nectar Sleep mattress brands.
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- BEDS & MATTRESSES
The value of foam and sprung mattress imports into the U.K. slumped in November, arresting a two-month return to growth across the combined categories.
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- CASE GOODS
Port delays and container shortages didn't stop a third consecutive rise in cabinet furniture imports as wholesalers and retailers replenished stock ahead of Christmas.
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- COMMUNITY
Major U.K. flooring contractor Designer Contracts has donated more than £100,000 to a local hospice that has been hit hard by the pandemic.
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- UPHOLSTERY
British retailers and wholesalers imported more upholstery ahead of Christmas than in any other month since records began, new data compiled by The Furnishing Report shows.
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