Secured creditors of Multiyork are being asked to approve higher administrator fees as the insolvency of the defunct upholstered furniture retailer drags into a sixth year.

Imports of wood living, dining and bedroom cabinet furniture declined for a sixth straight month by value in May on weak data from the Far East.

A furniture and bulky goods delivery company describing itself as the most sustainable forward-thinking two-person delivery company in the U.K. has filed for insolvency.

Dreams has taken steps to protect its intellectual property rights by objecting to a trademark application made by a micro-fashion retail enterprise.

Stakeholders at a southern England distributor majoring in the supply of floorcoverings to new housing developments were targeting the completion of a business restructuring after administrators were called in on Thursday.

An influx of mattresses from Ireland, Romania, Denmark, Turkey and China helped foam and sprung mattress imports to close in on an all-time high in May.

Flooring wholesale giant Headlam Group found more growth from white collar retail buyers than white van man fitters in the first half but still warned on profits after citing weaker than forecast residential volumes.

Profit growth returned for the U.K. dropshipping company behind the Artisan Furniture and PD Global brands in the past year.

The volume and value of carpets imported into the U.K. declined for the fifth consecutive month in May after a further decline from Belgian producers.

The National Bed Federation (NBF) has produced a member testimonial video with a difference, using puppets voiced by well-known industry figures to increase awareness and promote the benefits of joining the trade association.

A near year-long slide in the number of sofa units arriving at U.K. ports came to an end in May after an increase in container loads of goods arriving here from China.

Blackbridge Furnishings, one of the largest furniture retailers in Scotland, made further bottom line gains last year, bolstering cash and its net worth.

High-end Italian furniture company Calligaris has recapitalised a U.K. subsidiary in a move that, all other things being equal, repairs its balance sheet.

Stakeholders in the regional retail, wholesale and contracting company behind the Tile & Floor brand in Bath have completed an insolvent restructure that saves jobs but compromises creditors.

Kitchenware supplier Sabichi Homewares claimed market share gains last year but higher costs meant profits declined.

Cousins Olivier and Antoine Roset have succeeded their respective fathers Michel and Pierre Roset as co-CEOs of Ligne Roset as the high-end furniture company enters a new phase in its near 100-year long history.

U.K. mattress production declined last year but revenue for companies operating in the sector still climbed thanks to the manufacture or onward sale of other related goods.

The cost price of the average U.K.-manufactured sofa declined last year according to the Office for National Statistics (ONS) in a sign end users were trading down to more inexpensive models.

Fabrics and window dressings retailer and distributor Terrys cut costs and made business model adjustments as it mitigated a market downturn in the second half of last year.

Belgian furniture supplier Ethnicraft is to make an $18 million (£14m) investment in its U.S. operation by building a new North Carolina facility that will expand and consolidate capacity.

U.K. furniture insolvencies plumbed new depths in the second quarter with the number of companies calling in restructuring advisors reaching record levels.

Trentside Products, a key supplier of components to the U.K. sofa manufacturing sector, has agreed to buy fellow upholstery supplies business Allsave Textiles in a deal that expands its product offer.

Expanding South East retailer Sussex Beds found profitable growth last year as the build out of its store footprint continued to bolster the top and bottom lines.

Keswick Flooring acquired the business and assets of U.K. Flooring Direct (UKFD) for £6.4 million in cash, restructuring advisors have disclosed in a report to creditors.

Furniture and lighting retail sales volumes rose for the first time so far this year according to figures released Friday by the Office for National Statistics (ONS).

The Danish manufacturing company that owns and supplies mattresses and pillows to Tempur's U.K. business found profit growth last year despite rising costs and flat sales.

The increasingly crowded and competitive logistics landscape contributed to the collapse of delivery company Tuffnells, whose furniture and mattress industry customers made up as much as a third of its business.

French furniture brand Roche Bobois maintained sales momentum in the U.K. in the first six months of the year despite lapping tough comparatives and a challenging market.

The family behind longstanding Deeside retailer Coast Road Furniture will next month open a second store after taking a unit formerly occupied by Home Bargains.

Mattress, bed bases and pillows brand Tempur has extended its sponsorship of the professional Lifeplus Wahoo Cycling team for an additional year.

Furniture wholesaler Lassic chalked up lower profits in 2021/22 as the Bradford company absorbed rising costs from freight and its supply chain.

Coach House wants to build a new high-bay storage facility at the site of its Altham headquarters as part of plans to expand the capacity of its furniture, home and gift wholesale business.

Dunelm says profits will land closer to year-earlier figures than analysts' expected after the furniture and homewares giant found value and volume sales growth through 2022/23.

Net income declined for online furniture retailer Home Discount last year with it remaining profitable thanks to a seven-figure management charge booked from a co-owned wholesale company.

The rescue of the West Midlands furniture wholesaler Serene earlier this year saved 35 jobs but compromised the debts owed to creditors including HMRC and suppliers.

U.K. manufacturing group Dunham Massey has acquired sofa maker Ashwood Designs from its private shareholders in a deal that represents its second takeover in the furniture sector inside eight months.

Consumer price inflation for household furniture eased to its lowest level since April 2021 last month, according to figures released Wednesday morning by the Office for National Statistics (ONS).

FIRA International, the product testing and furniture services provider, has disclosed the financial impact of the closure of its Service Technicians business unit two years ago.

Profits doubled for cabinet furniture components manufacturer BHK (UK) last year in a period in which it made seven-figure capital expenditure.

The owner of Wilton Carpets found big revenue growth last year but profits declined on thinner margins and higher costs.

The U.K. arm of designer furniture, home and gift retailer The Conran Shop saw losses increase by a factor of more than three in the first year under new ownership.

Furniture and homewares retailer EZ Living Interiors has expanded its retail footprint in Ireland with the opening of its fourth store in the Dublin area alone.

The Doncaster kitchen group behind brands such as Sheraton and Chippendale cut borrowing last year in a period when sales jumped by more than a fifth again.

Designer furniture and homeware retailer The Conran Shop is considering the disposal of its operations in France as part of a move to explore strategic alternatives for the business unit.

Upholstery and furnishings fabrics exhibition Proposte is returning to its historic late spring dateline for its 2024 edition.

Sofa market leader DFS says it expects underlying 2022/23 profits to meet previous guidance despite the market being "significantly worse than expected."

The layoff of the entire workforce of private-label sofa maker Acclaim Upholstery doesn't mean manufacturing operations will not be resurrected, according to people briefed on the situation.

The company behind a clearance specialist selling cancelled, returned and end-of-line orders from some of the U.K.'s largest retailers including John Lewis has been placed into administration.

Orders taken ahead of the buyout of Moda Furnishings by Giomani Designs late last week will not be delivered with customers to be told to try and claw back funds from card providers.

Giomani Designs has added outdoor furniture to its expanding roster of home retail interests with the rescue buyout of six-store multichannel retailer Moda Furnishings.

A Derbyshire sofa maker set up two years ago by the former works manager of one of DFS' largest manufacturing plants is looking to expand the scope of the business by collaborating in direct partnership with retailers for the first time.

Furniture, lighting and design retailer The Conran Shop will take London store numbers back up to two with the launch of its new Sloane Square flagship showroom later this year.

The unwind of an elevated stock position helped rug distributor Flair Flooring bolster its cash levels last year, despite recording lower profits.

Challenger indoor and outdoor furniture brand Out & Out has agreed for Panther Logistics to become its final mile delivery partner for the fulfilment of larger items.

The Manchester Furniture Show is to return in 2024, organiser Clarion Events has announced, alongside a roster of well-known industry suppliers that have already signposted their intention to exhibit.

A huge positive swing in gross margin helped profits climb for Giomani Designs last year, mitigating sales falling by almost £10 million compared with the previous year.

Vertically-integrated bed company Get Laid Beds has appointed Scott Shields as chief executive officer as the founders look to bolster the fast-growing brand's leadership team.

Year-on-year furniture turnover at the factory gate declined for the second straight month in May according to figures out Thursday morning from the Office for National Statistics (ONS).

Glasswells, one of the U.K.'s largest privately-owned furniture retailers, has invested in a new-look ecommerce website with improved features and more personalisation.

All 128 employees of private-label sofa maker Acclaim Upholstery Company have been made redundant after the company was placed into administration last week, restructuring advisors have now confirmed.

Gareth Berry has stepped down as chief operating officer at Silentnight after a little under two years with the U.K.'s largest bed manufacturer.

Third-party logistics provider Wincanton has revealed it gained a contract to provide delivery services to RH, the U.S. home retailer formerly known as Restoration Hardware, following its launch here last month.

HMRC and the now-defunct Kettle Interiors U.K. company were the two main creditors of Kettle Interiors Agencies, which was placed into insolvency shortly after its larger associate.

Bradford rugs and homewares supplier Melrose Interiors found trade more challenging last year ahead of its sale to the U.K.'s largest floorcoverings distributor.

Losses widened at kitchen and bathroom cabinet maker Burbidge Holdings last year as rising costs and thinner margins negated an increase in output.

Town planners have approved proposals to remodel the entrance to independent furniture retailer Cousins' flagship Dudley store with a modern new installation.

Employees of private-label Long Eaton sofa manufacturer Acclaim Upholstery were told of the company's insolvency at a meeting last week.

High demand and the partial unwind of its large order book helped East of England furniture and furnishings retailer W.J. Aldiss to higher profits last year.

The multichannel retailer behind the Garden Furniture World ecommerce brand retired almost all its bank debt last year in a period hit by weaker demand for outdoor goods.

Lord Kirkham, DFS founder and president of The Furniture Makers' Company, has been nominated to become the first Honorary Freeman of Doncaster since it was awarded city status.

Discount claims made by Emma Sleep in the U.K. did not stack up according to the Competition and Markets Authority (CMA), which also has concerns that certain marketing practices may breach consumer protection law.

Bensons for Beds has extended the debt maturity profile of tens of millions of pounds of outstanding borrowings and confirmed the size of additional finance provided by its owner Alteri Investors last year.

Bedroom furniture manufacturer and retailer Hammonds built sales, cash and profits last year and used some of the proceeds to retire outstanding debt.

National beds and mattress retailer Bensons for Beds has appointed Lindsay Haselhurst, currently chief operating officer at Currys, as a non-executive director.

Danish furniture retailer JYSK has issued a clarion call to property owners in Ireland, saying it wants to establish a state-of-the-art 540,000sqft distribution centre servicing its expansion across the British Isles.

Tempur U.K. made its first major product launch in eight years at an event in London on Thursday night attended by over 100 of the country's elite independent and multiple furniture retailers.

Jason Bannister has taken a board seat on the Oak Furniture Superstore trading company for the first time since he and others acquired an equity stake in the challenger case goods retailer.

New equity issued in The Conran Shop has taken total shareholder investment in the modern furniture, lighting and homeware retailer to £8 million so far this calendar year.

Acquisitive flooring retail and wholesale group Nestware Holdings has disclosed the terms of the early 2021 buyout of TradeChoice Distribution for the first time.

The majority of Ideal World's 275-strong workforce have been laid off after the TV shopping retailer ceased broadcasting earlier this week and was placed into administration on Wednesday.

Profits were flat at high-end engineered and solid wood flooring supplier V4 last year as double-digit cost inflation countered rising sales.

Upholstered furniture and flooring retailer ScS has followed DFS in withdrawing its four years' interest free credit (IFC) option, with qualifying customers now limited to a maximum three years instead.

The Symphony fitted kitchen, bedroom and bathroom furniture manufacturing group took two-year capex to nearly £50 million and expanded its staff headcount through 2022.

Restructuring advisors were called in as administrators at TV shopping network Ideal World on Wednesday with staff to find out later today whether their jobs are to be saved.

Sales in the U.K. tumbled for French furniture and home décor retailer Maisons du Monde last year, ahead of it deciding to close its business here in the spring.

Gary Lasham and David Meltham have made quick returns to the industry after leaving Belfield Group, with the pair taking non-exec posts at contract furniture maker Barons as part of an MBO led by its hitherto sales director.

One of Victoria's largest European floorcoverings subsidiaries is proposing the closure of its carpet tile manufacturing facility in South Wales, saying it is no longer viable.

Staff at TV shopping channel Ideal World were sent home and all broadcasting pulled, including its lucrative ITV early morning slots, as stakeholders work to tie up a transaction that will rescue the Peterborough retailer.

Sofa retailer ScS began a roll out of the Paloma Home upholstery collection across its retail stores on Monday, part of an exclusive tie-up with Paloma Faith, the singer, actor and creative director.

Keswick Flooring, part of the Nestware Holdings group that also owns Carpetright, has acquired the business of UK Flooring Direct in a deal that saves jobs and ensures outstanding orders will be fulfilled.

National beds and mattress specialist Bensons for Beds says it maintained its upwards momentum shift from the first half with high single-digit sales growth in the third quarter of its financial year.

Bradbeers, the southern England furniture and department store retailer, booked a record top and bottom line in the past year as it shrugged off the last effects of Covid-related disruption.

Upholstery and flooring retailer ScS has named Mark Fleetwood as successor to outgoing chief financial officer Chris Muir. He takes up the role from early September.

Industrial giant The Vita Group is simplifying its corporate structure following the 2021 acquisition of the Usleep mattress making business from Belfield Group.

Argos, one of the U.K.'s largest retailers of entry-level beds and furniture, recovered some of the ground lost in the first quarter of last year, citing strong demand in non-home goods categories.

The parent company of upholstery brands Alstons, Alexander and James, Ashley Manor, and AMX Design has joined The Furniture Makers’ Company (TFMC), the City of London livery company and charity to the furnishing industry, as a corporate member.

The managing director of Relyon and Dunlopillo has hailed the progress the company behind the heritage bed brands has made since its 2020 buyout, despite a more difficult trading backdrop last year.

Adjusted profits rose for Fairway Furniture in the past year amid the unwind of its order book and investment in renewable technology across its retail estate.

Furniture import and wholesale company Bentley Designs (U.K.) maintained profits last year as exchange gains helped counter the impact of lower sales and the inflationary trading environment.

Four companies from the U.K. furniture and home sectors have landed spots in The Sunday Times Hundred 2023, which ranks the country's fastest growing private businesses by sales.

The Northpoint Furniture Show will return to its historic January dateline in 2024 after several years that had been interrupted by Covid-19 and its associated lockdowns.

Direct-to-consumer mattress and sleep company Brook & Wilde (Brook + Wilde) is close to the completion of a restructure of the business and has called on a supplier to withdraw a potentially disruptive winding up petition.

Frasers Group, owner of retailers including Sofa.com, Amara and House of Fraser, has increased its significant minority shareholding in Ideal World, a little over a year after the TV shopping network was rescued out of administration.

Profits declined at Lincolnshire furniture wholesaler Classic Furniture (Binbrook) last year as thinner margins countered rising output.

Upholstered furniture producer Leisure Furnishings shrugged off rising costs to return to profit last year on the back of a £4.3 million jump in sales.

Furniture and homeware retailer Homesense on Thursday opened its first store in Stevenage in a unit co-located with TK Maxx, its sister brand.

Bricks-to-clicks beds and mattress retailer Bedstar was profitable for at least the eighth straight year through 2021/22, booking its largest gain yet throughout that period.

Soft furnishings and household textiles supplier Ulster Weavers has pinned a 2021/22 loss on supply chain pressures including artificially high freight costs and a deteriorating exchange rate.

Delivery company DX has reached an agreement to take over 15 U.K. sites previously operated by Tuffnells, the flat-pack furniture delivery specialist that entered administration earlier this month.

The retail company operated by the Bristol franchisee of BoConcept recorded a loss ahead of the modern furniture brand relocating to a new store in the city at the turn of the year.

Expanding flooring distributor Likewise Group said it had maintained high double-digit revenue growth in the first half of 2023 as it delivers on its strategy of increasing market share.

Skandium, the modern furniture, lighting and accessories retailer that trades online and from a central London showroom, found trade tougher in 2022 but remains well placed to thrive in the long term, according to its owner.

The North West retailer behind the Online Home Shop (OHS) brand booked higher profits last year in a period in which category expansion saw it enter the beds and bedroom furniture market for the the first time.

The turnaround investment firm that rescued Homebase five years ago is reorganising the corporate structure of the home improvement chain in a move that will cut costs.

IKEA's largest two-person delivery partner is to invest £3 million in new electric vehicles to be used exclusively as part of its logistics partnership with the home and garden retail giant.

Wade Spring's output climbed by almost a third last year as the Long Eaton supplier fed high customer demand at the time from the upholstery and bedding manufacturing sectors.

Wilton Carpets says a seven-figure investment in new state-of-the-art high speed loom technology has cut power consumption by 15 percent and boosted production capacity by 500,000sqm per year.

The management team that acquired Acclaim Upholstery Company just over three years ago are hoping to complete a restructure of the private-label Long Eaton sofa maker after it late last week filed a notice of intent to appoint administrators.

The group behind regional carpets chain Wilsons and national ecommerce flooring brands such as Online Carpets booked lower profits last year as revenue declined.

Carpet manufacturing giant Cormar made a conscious decision to absorb some rising costs to remain competitively priced and protect sales last year. It was a period that coincided with heavy investment and shareholder returns.

Heritage high street furniture retailer Brittains of St Neots will this weekend begin clearing stock at its Cambridgeshire store ahead of its planned permanent closure.

HM Revenue & Customs is chasing a furniture retail company based in the East End of London through the courts for unpaid tax.

North West bedding supplier Comfy Quilts found top and bottom line growth in the year to January 31, 2023 despite lower sales to a significant related party customer.

Rising revenue was not enough to prevent profits falling at the group behind the 57-store United Carpets & Beds franchise last year. Cash also declined, in part down to loans to related party companies.

A buyer has been found for the Co. Monaghan factory of cabinet furniture manufacturer Gola Wood Works after the company succumbed to market pressures earlier this year.

Bedding giant Comfy Quilts has invested heavily in new production assets in the past year during a period in which the company returned to earnings growth.

Contract and domestic upholstered furniture company South West Upholstery has secured almost £1 million in new debt funding to build production capacity.

Furniture and lighting retail volumes declined for a fifth straight month in May, but the drop was the shallowest reported so far this year.

June brought an end to a four-month run of improving big-ticket consumer confidence according to new figures out Friday morning from GfK, the polling company.

Upholstery manufacturer Celebrity Motion Furniture has successfully completed its company voluntary arrangement (CVA) with a better-than-forecast return for its creditors.

Cleland McIver more than doubled profits last year as it benefitted from growth at retail giant Dunelm and its earlier investment in building distribution capacity.

Manufacturing giant Ulster Carpets will broaden its offer after agreeing to buy Alternative Flooring, the Hampshire based supplier of natural fibre carpets and rugs.

A vertically-integrated bed company that describes itself as Ireland’s largest online bedding retailer has continued the buildout of its physical footprint with the opening of a second showroom.

Privately-owned furniture retailer Loom Loft will this summer open its third store since the business was launched ahead of the pandemic.

Registration is open ahead of the inaugural Women In Furniture Network event, which will take place next week at Furniture Makers' Hall in London.

The emergence of a new 35-store floorcoverings retail chain would ordinarily be a concern for the market leader in the category. Unless they both happen to share the same owner.

The Floor Room is taking over the running of the floorcoverings departments across the John Lewis estate but there are no plans to mirror that in other key home categories such as furniture or beds.

Upholstered furniture market leader DFS has re-energised its presence on a key Scottish retail park after moving into a larger store.

Upholstery fabrics supplier Mobus found profit growth last year as wider gross margin helped counter the impact of a return to pre-Covid level output.

Tickets are now available to book for the Bed Show Gala Dinner and Bed Industry Awards Ceremony at the Telford International Centre later this year, the National Bed Federation (NBF) has announced.

Consumer furniture price inflation eased to a 21-month low in May as shallower input cost pressures combined with stressed demand for retailers across the category.

The Yorkshire group behind the LPD Furniture business has agreed amended banking facilities following a covenant breach last year, during which it invested heavily in building stock.

A foam and fibre conversion business part-owned by one of the U.K.'s largest upholstered furniture manufacturers has returned to profit in the past year.

Heritage independent furniture retailer Southons of Salisbury booked a fourth straight profit according to just-filed figures for 2022/23.

The value of the worldwide upholstered furniture market is back to pre-pandemic levels but will still fall back in real terms this year, according to a respected source of global industry data.

Former ScS commercial director John Pattison has been appointed chief executive of Sterling Furniture Group, one of the U.K.'s largest privately-owned furniture retailers.

Profits tumbled for class-leading furniture and giftware wholesaler Coach House last year after rising sales costs resulted in a double-digit percentage point narrowing in gross margin.

The company behind The Online Furniture Show has launched Clearance Furniture — a new trade-only website that aims to connect retailers with wholesalers looking to clear excess stock.

Fashion-to-furniture retailer Next has lifted its sales and profits expectations for its 2023/24 financial year after it materially beat its previous guidance in the seven weeks since it was issued.

The Vita Group, the diversified supplier of foam, underlay and maker of finished mattresses, is to be the headline sponsor of the inaugural Furniture Component Expo.



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