Wholesale, Distribution & Logistics
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- SUPPLY & WHOLESALE
One of the U.K.'s biggest rug and floormat suppliers said the downsizing of home improvement chain Homebase had a negative impact on sales last year.
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- SUPPLY & WHOLESALE
Melrose Interiors, one of the country's largest independent rug suppliers, closed out a seven-figure property sale this summer after earlier completing a "landmark relocation."
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- CASE GOODS
Rising shipments from Asia powered the increase.
Living, dining and bedroom cabinet imports to the U.K. have trended up in mid single-digits in the first half of 2019 driven by shipments from the Far East.
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- SUPPLY & WHOLESALE
Fast-expanding lighting supplier Astro posted another top line sales record in 2018–19 but cautioned that growth was harder to come by, especially in the U.K.
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- DEALS & FINANCE
National general merchandise wholesaler Stax Trade Centres has acquired hardware and ironmongery business M.P. Smith & Co, one of its longstanding suppliers.
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- SUPPLY & WHOLESALE
Privately-owned soft furnishings group Ashley Wilde grew sales and profits last year ahead of the spring 2019 buyout of a Scottish fabrics wholesaler.
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- FLOORCOVERINGS
Distributor and manufacturer Victoria has bolstered its roster of ceramic floorcoverings businesses with the acquisition of Spanish tile company Ibero in a deal worth up to an estimated £14 million.
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- SUPPLY & WHOLESALE
Adverse currency movements and trading conditions impacted profits at Hertfordshire furniture, home goods and giftware importer Sifcon International last year.
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- SUPPLY & WHOLESALE
A five-fold increase in exports softened the impact of lower U.K. revenue and higher costs for bedding and soft furnishings maker and distributor Rapport Home last year.
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- SUPPLY & WHOLESALE
Headlam, Europe's largest floorcoverings distributor, is this week hosting a sod-cutting ceremony at its long-planned 190,000sqft distribution centre in Suffolk.
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- SUPPLY & WHOLESALE
The company's stores across northern England are to close. Image: Google.
A three-store furniture retailer and its sister import and wholesale business that at one time generated approaching £10 million a year in sales, are to close within days.
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- FLOORCOVERINGS
Designer Contracts, the multi-depot national floorcoverings supplier, has promoted five executives across the business including naming Lee Hassett as divisional director.
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- SUPPLY & WHOLESALE
Birlea Furniture's Castle Donington base.
Privately-owned importer and distributor Birlea Furniture posted a third straight double-digit sales climb last year with it saying further gains on the way. Profits also rose.
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- SUPPLY & WHOLESALE
Diversified Far East furniture manufacturing giant Green River Group is divesting another of its furniture factories after agreeing the sale of a majority stake in a case goods plant to Samson Holding.
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- FLOORCOVERINGS
Acquisitive floorcoverings manufacturer and distributor Victoria successfully placed £330 million of senior secured notes with bond investors Friday, revealing the pricing for the first time.
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- FLOORCOVERINGS
Flooring manufacturer and distributor Victoria is dusting off previously-jettisoned plans to launch a corporate bond, following through on comments made last week when it released its full year results.
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- SUPPLY & WHOLESALE
A one-off voluntary settlement with HM Revenue & Customs meant reported profits were lower at furniture and home accents wholesale giant Coach House in 2017–18. Its underlying performance continued to improve.
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- UPHOLSTERY
The failure of a customer and subdued demand weighed on sales for Scan-Thors (UK) in 2017–18, but the Yorkshire upholstery importer says it remains in a strong position to handle whatever the market throws at it.
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- FLOORCOVERINGS
An aborted financing exercise that left Victoria's chairman angered by onlookers with "less than pure" motives cost the acquisitive floorcoverings group a high seven-figure sum in wasted fees.
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- UPHOLSTERY
Keith Wilson has been prompted to president, International at La-Z-Boy.
Former La-Z-Boy U.K. md Keith Wilson has been promoted for the second time in just over a year, becoming responsible for all non-U.S. business at the upholstery giant after being named president, International.
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- SUPPLY & WHOLESALE
The importer's home at Binbrook Technical Park, Lincolnshire.
Case goods distributor Classic Furniture narrowed its trading deficit in 2017–18 after efforts to address margin and strengthen its supply chain yielded improvements.
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- BEDS & MATTRESSES
Heritage bedding and soft furnishings supplier Bedeck returned to profit in 2017–18 after it recorded lower operating charges and an increase in revenue.
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- FLOORCOVERINGS
Floorcoverings wholesaler Valley Carpets built cash and sales in the year to September 30, 2018 as it capitalised on its enlarged warehousing capability. Profits declined.
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- SUPPLY & WHOLESALE
Revenue jumped by more than a fifth for North West soft furnishings supplier Cleland McIver in 2017–18 as the privately-owned company built on its investment in new warehousing.
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- FLOORCOVERINGS
Sales pass £13m for Northern Ireland headquartered carpet and floorcoverings distributor.
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- SUPPLY & WHOLESALE
East Midlands based furniture distributor Birlea has acquired bedroom and dining cabinet brand Willis & Gambier from Far East conglomerate Samson Holding.
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- FURNISHINGS & ACCENTS
High-end fabrics company Walker Greenbank has made a distribution agreement with Kravet to replace Robert Allen Duralee as the U.S. distributor of its Clarke & Clarke and Studio G brands.
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- SUPPLY & WHOLESALE
Parlane is among the U.K.'s largest home accents and décor wholesalers.
Parlane International, the home accents company acquired by designer, manufacturer and distributor Gallery Direct earlier this year, is to clear £2 million of stock ahead of a warehouse move.
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- SUPPLY & WHOLESALE
Home goods distributor Sabichi Homewares booked bigger profits after a fall in the cost of sales outpaced a dip in revenue for the year to October 31, 2018.
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- SUPPLY & WHOLESALE
Former Parker Knoll and Gloster Furniture director Charles Vernon has become a non-executive director at Alexander Rose, the Burgess Hill based garden furniture business.
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- NEWS
Häfele UK grew both sales and profits last year.
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