LoungCoFascSOFA Brands International is introducing a standalone retail brand called The Lounge Co. in partnership with independent retailers and with its own London showroom.

ulsterGenMANUFACTURER Ulster Carpets returned to growth in the year to end March with sales rising 6.4 percent including high demand for residential axminster products.

polishUpholsterySOFA shipments into Britain were up double-digit in all bar two of the first six months of this year, with the rise in June driven by higher imports from Italy and Poland.

LEEDS mattress and bed technology group Harrison Spinks has created a new Head of Business Change role as it targets doubling sales within five years.

dfsFascia150FULL year sales at DFS Furniture Plc advanced 7 percent with the retailer saying profits would reach record levels and be at the top end of market expectations.

SALES jumped nearly a fifth for BoConcept’s largest UK partner last year as the franchisee claimed a bigger share of the premium furniture market.

wayfairECOMMERCE home retailer Wayfair said international sales climbed 170 percent in the second quarter of 2016 as TV advertising in the UK hit the spot.

UK retail sales rose by 1.9 percent year-on-year in July quelling fears that consumers would stop spending amid uncertainty regarding Britain’s future outside the EU.

BRITISH sofa maker Alstons has posted higher profits in its first accounts since the owner of the Royal Thai carpet brand acquired a majority stake last spring.

scsFasciaUPHOLSTERY and carpets retailer ScS Group Plc says its customers have continued to spend through the EU referendum vote and beyond.

THE SHIRE Bed Company has launched an entry level mattress programme targeting the guest bed sector with its first ever line of vacuum-packed mattresses.

STEINHOFF International Holdings NV has agreed a $3.8 billion (£2.9 billion) deal to acquire US bedding retailer Mattress Firm Holding Corp.

forrestFSTERLING Furniture Group has bought privately owned Glasgow retailer Forrest Furnishings in a deal that strengthens its grip on the Scottish independent retail sector.

DIVERSIFIED floorcoverings supplier Mohawk Industries Inc. says it will commit $600 million (£458 million) to capital projects through 2016 as it builds capacity at its worldwide production facilities.

bhs2NEARLY 20 UK home furnishings and clothing suppliers to bust fashion-to-furniture chain BHS have had their debt paid in full after being issued with standby letters of credit.

BANKSIDE became the fifth retail showroom in the Sofa.com estate last month as the retailer continues to build out its physical retail presence under the ownership of CBPE.

DEPARTMENT store retailer John Lewis says its new Leeds store, which anchors the £165 million Victoria Gate development, will open 20th October.

kiddicareUPHOLSTERY retail startup Fabb Projects Limited has raised more cash from shareholders and is closing in on further store locations as it moves closer to launch.

mattressmanFasciaBEDS specialist Mattressman will reach 20 stores with planned openings by the end of 2016 as it looks to build on strong revenue growth in the year to end March.

FURNITURE and homeware supplier Libra is rolling out its instore retail concept with department stores Bentalls and Fenwick among retailers taking studios over the next few weeks.

foamECOMMERCE startups together with established mattress businesses have been falling over themselves to enter the online bed-in-a-box segment.

silentnightHQBRITAIN’S biggest beds manufacturer Silentnight posted EBITDA up by a fifth as group sales climbed 9.9 percent in the year to end January.

KITCHEN and bedroom furniture manufacturer and retailer John Lewis of Hungerford Plc says finance director Karen Stanley has resigned after six years in the role.

WOOD flooring importer and wholesaler V4 bucked the market to grow its share of the smooths sector in 2014–15 as it laid the groundwork for national expansion.

highStreeJULY saw the biggest month-to-month fall in consumer confidence since 1990, according to GfK’s long running monthly Consumer Confidence Index.

CarpetrightWilfWalshTHE CEO of flooring market leader Carpetright says excitement in its modernisation programme is building as it upgrades its store estate after “years of under-investment” by predecessors.

BRITAIN’S bed makers are pioneering efforts to reduce the amount of mattresses ending up in landfill, according to the second NBF Mattress Recycling Report.

tempurFlexREVENUE advanced 5.2 percent to $804.4 million (£611.7 million) for bedding giant Tempur Sealy International Inc. in the second quarter of 2016.

DreamsFasciaNew2016BEDS specialist Dreams paid back more than £30 million of debt in a little over a year through 2015–16 on the back of higher output and strong cash generation.

FURNITURE and floorcoverings customers held back from spending in the early weeks after the EU referendum, according to a survey by business group CBI.

gWildingVictTHE EXECUTIVE chairman at flooring group Victoria Plc has dismissed suggestions that Brexit is bad for business and says its carpet businesses can take share off the Belgians and Dutch.

DEPARTMENT store retailer John Lewis blamed the heatwave for a double-digit decline in Home category sales last week.

boliaSofaONE OF Scandinavia’s largest mid-market furniture retailers has opened a UK ecommerce business as part of a plan to build sales out beyond 1 billion kroner (£113 million).

BEDS manufacturer The Shire Bed Company has followed its recent Yorkshire factory expansion with a further investment in machinery.

tapiFasciaEXPANDING floorcoverings chain Tapi Carpets and Floors has raised more capital from investors and separately drafted in another high-profile Carpetright executive.

FULL year profits climbed 23.1 percent to £1.5 million for carpets and beds franchisor United Carpets Group Plc in the year to end March.

mountroseGenADMINISTRATORS are targeting a going concern sale of entry to mid-market furniture importer Mountrose Ltd after being called in to run the business earlier this month.

FURNITURE conglomerate JYSK is launching its first store in Malta today, taking the total number of countries it operates to 42 worldwide.

manchesterFurnitureShowORGANISERS say over half of the exhibition space for the 2017 edition of the Manchester Furniture Show has already been secured.

COMPETITION regulators have approved the takeover of Argos, allaying fears the deal could be held up for months by a lengthy inquiry.

UPHOLSTERY retailer Sofa.com has opened its third London showroom and its fifth in the UK in all with a space at Bankside.

TRADE kitchens supplier Howden Joinery Group Plc upped capital expenditure in the six months to end June as it invested in its internal supply chain.

ercolETadrosERCOL chairman Edward Tadros says the company will continue to invest in its brand and look to drive growth both at home and overseas.

KITCHENS chain Magnet achieved higher sales despite net first half store closures and the uncertainty surrounding the EU referendum vote, its owner said yesterday.

HALF-YEAR UK revenue declined for Stressless brand owner Ekornes ASA as it followed first quarter growth with a softer performance in the second three months of 2016.

UPMARKET furniture distributor Content by Terence Conran has introduced a UK-made upholstery programme, to be fully-launched at the January Furniture Show 2017.

FURNITURE price inflation at the factory gate was unchanged in the year to June though input cost data suggests the period of cheaper production is coming to an end.

WestbridgeSophiaPRIVATE equity company NorthEdge Capital has backed a management buyout at Belfield Furnishings, owner of major upholstery manufacturer Westbridge Furniture Designs.

retailParkCONSUMERS steered clear of retail stores in June with out-of-town shopping parks seeing their worst performance in over two and a half years, according to new research.

argosFasciaGENERAL merchandise retailer Argos has launched a new furniture and homewares own-brand called The Collection by Argos.

buoyantMemphisSOFA manufacturer Buoyant has launched its first ever collection of modular upholstery as it looks to expand its product line beyond its existing fixed seat programme.

manchesterFurnitureShowTHE Manchester Furniture Show opens its doors later this morning (Sunday) for its 2016 edition with approaching 150 exhibitors spanning international and UK suppliers.

plumbsLOOSE sofa covers, curtains and re-upholstery company Plumbs returned to profit in 2015 as internal restructuring to enable faster response and lead times paid off.

sprungMattressPOCKET and coil sprung mattresses were the standout categories for the UK furniture manufacturing sector in 2015, with upholstery producers also growing market share.

MULTICHANNEL department store retailer Dawsons grew sales by almost a quarter in 2014–15, though higher costs meant profits declined.

DEPARTMENT store retailer John Lewis says its Chelmsford store — the mutual’s first in Essex — will open its doors on Thursday 29th September.

MStoreyCeveristUPHOLSTERY group Sofa Brands International has named new sales directors at both its Parker Knoll and G Plan business units.

STERLING’S fall against the dollar and euro could see furniture prices rise by as much as 12 percent, the UK’s lead trade association for furniture manufacturers has warned.

NORTH West sofa manufacturer Tetrad will open its doors to retailers this weekend as it launches new product for autumn delivery from its refurbished Preston showroom.

lights co ukPAN-EUROPEAN ecommerce lighting retailer Lampenwelt GmbH has launched into the UK market with a specialist Internet store trading via the lucrative lights.co.uk web domain.

THE BOARD of discount chain Poundland Group Plc has agreed to a £597 million sale of the business to Steinhoff International Holdings NV.

CASE goods imports climbed in May on the back of higher shipments in the bedroom cabinet and kitchen furniture categories.

carpetShowroomTHE UK’s largest floorcoverings wholesaler said it will pass on the rising price of carpets to its customers following the weakening of sterling in recent weeks.

STEINHOFF International Holdings NV is to acquire a 50 percent equity stake in Cofel, the market-leading French beds manufacturer and a subsidiary of Grupo Pikolin SL.

PREMIUM furnishing fabrics group Walker Greenback Plc has lined up a bedlinen launch into the North American market after signing a licensing agreement with a major distributor.

CollinsHayesSmFURNITURE investment group Wessex Bristol has acquired upholstery manufacturer Collins and Hayes from mattress, upholstery and sofabeds producer Airsprung Group Plc.

italianSofaSOFA shipments are up over 10 percent in the year to date after another double-digit uplift in May, according to new Government data.

UPSCALE furniture and design retailer Graham & Green has opened its largest store to date with a new flagship London showroom.

kiddicareFABB Projects’ planning application for a Hedge End retail store threw up another parallel with Tapi Carpets & Floors, the rapidly expanding floorcoverings retailer.

JohnLewisCorporateDEPARTMENT store chain John Lewis is launching a new house brand and says it wants to grow its own-brand Home business to £1 billion in annual sales.

TRADE association the National Bed Federation has created a new and unified version of its NBF Approved Big Tick logo, which is used by its audited members.

fabbDrawThumbDocuments filed with planning authorities confirm new furniture retail startup Fabb is looking to launch a store near to the South Coast.

CONSUMER confidence fell sharply following the EU referendum vote, according to a one-off special Brexit survey carried out by research consultancy GfK.

STEINHOFF UK Bedding Group has invested £2.2 million to build what it describes as the most aerodynamic and fuel efficient vehicle fleet in the UK bedding sector.

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