The long-empty former Debenhams store in Stockport is to be used for furniture clearance after an emerging reverse logistics specialist tied up a deal for the Princes Street unit.

The shareholders of furniture, beds and home accents distributor Gallery Direct have acquired retailer Willow and Hall through a separately-held group that majors in the supply of lighting.

Ashwood Designs has promoted Darren Baird to managing director in a move that co-founder Richard Smart described as the next chapter in building a new executive management team following the sale of the business last year.

Ecommerce retailer Furniture Box has hired Laura Carter as head of buying.

Rising costs and the falling away of Covid-support schemes negated revenue growth at Tapi Carpets & Floors in 2022, accounts public over the weekend showed. It remained profitable at EBITDA level, and says it has made gains since.

Designer Contracts, the circa £40 million turnover floorcoverings contractor that majors in supplying the new-build property sector, has launched an in-house sustainability initiative, empowering its employees to further build its eco credentials.

The number of furniture, furnishings and floorcoverings companies filing for insolvency reached a record high for the second straight year in 2023, with each quarter of last year progressively worse than its predecessor.

Creditors have agreed a company voluntary arrangement (CVA) with Northern Ireland bedroom furniture vertical Sliderobes Group and two subsidiaries, including one based in the South East of England.

James Sturrock has taken a new post outside the home furnishings sector following his departure as chief executive of Tapi Carpets & Floors, which has been operating under new leadership for some time.

Shares in rival U.K. floorcoverings distributors Likewise and Headlam gained as the former delivered an upbeat assessment of last year and its outlook for the period ahead in a trading update on Thursday.

Direct-to-consumer and wholesale mattress and ancillary products company Simba Sleep has agreed a seven-figure, one year partnership with Channel 5 in what was described as the channel's largest-ever sponsorship deal.

Motion upholstery giant La-Z-Boy plans to reorganise the corporate structure of its U.K.-based activities in a move that will streamline its operations here and further improve its trading results.

Vertically-integrated cabinet maker and retailer Starplan Furniture booked lower profits last year on thinner margins and a decline in output.

Upholstery and beds retailer Hometime Group has achieved two marketing milestones for its Sofatime brand; the launch of a new website, and a first-ever television advertisement.

North West lighting supplier Cascade says it is putting liquidity before profit as it grapples a tough market backdrop that has seen falling demand combine with rising costs.

Easy Rest Beds, the family-owned company behind the Barker & Finch brand, says it hopes to create additional employment and invest in increased manufacturing capacity through 2024.

An end to the pandemic-era consumer furniture boom saw revenue slide for ecommerce retailer Furniture and Choice last year, but the Yorkshire company near-maintained profits as container costs eased.

Modern furniture and design retailer The Conran Shop ended last year as it began, with its owner providing additional funding through the issue of fresh equity.

A vendor of mattresses, divans, headboards and bed sets sold via the Amazon marketplace platform has ceased trading and been placed into liquidation.

Year-on-year orders rose 13 percent to £16.4 million at The Cotswold Company in the nine weeks to December 31, 2023, the furniture retailer said in a Christmas trading update.

Lesley Graham, the longtime Sterling Furniture Group buying director who was admired and respected throughout the furniture industry at home and abroad, has died after a long illness. She was 64.

Inaugural full-disclosure accounts confirm West Midlands based Alpha Designs Upholstery to be among the largest owner-operated sofa manufacturers in the country.

The group behind the Sofa & Chair Company is pushing forward with its Larkbury London brand as it seeks to bounce back from a year that was below expectations and ended with a company voluntary arrangement (CVA) agreed with its creditors.

Cabinet furniture wholesaler Papaya Trading has further strengthened its sales force with the appointment of a third new agent inside a few months.

A focus on working down stock and finding cost savings helped Burnley bed maker and furniture distributor Sweet Dreams generate cash and cut debt in the year to March 31, 2023.

The Stokers group of privately-owned furniture stores beat its top line record for the third straight year through 2022/23, helping to keep profits within touching distance of year-earlier levels.

A furniture family that majors in the supply of upholstery and mattresses to IKEA has joined forces with a private equity group to acquire wood-based panels supplier Pfleiderer Polska from Strategic Value Partners (SVP).

Condor Group will continue to use the historic Betap name and branding following the takeover of its Dutch carpets compatriot, citing its worldwide resonance in the floorcoverings sector.

A diversified retail and leisure company that runs a handful of Frank's The Flooring Store branches across the North East booked record profits last year in a period of continued expansion.

The Brockway Carpets group says its position at the upper echelons of the carpet market helped limit the impact on sales as the sector returned to historic levels following the post-pandemic surge in demand.

Profits jumped ten-fold for Roche Bobois' U.K. business last year as revenue surged on the reopening of its predominantly London-based furniture store network.

Major U.K. and Ireland upholstery, furniture and beds retailers have expanded their store footprints, using the traditional post-Christmas period to open new branches.

A large positive swing in gross margin helped rug wholesaler Asiatic Carpets shrug off the impact of output falling to more normal trading levels through 2022/23.

The October-announced takeover of ScS by Italian upholstery retailer Poltronesofà has moved a step closer after shareholders in the U.K.'s second largest sofa specialist decided to back the deal.

Home department and furniture store retailer Leekes has unveiled the remodelled home textiles department at its Llantrisant store, completing the second phase of a wide-ranging refurbishment programme.

Adjusted profits were close to flat for the Ulster Carpets group through 2022/23 as sales jumped to an all-time high to counter the impact of thinner margins.

Higher costs and a weaker trading backdrop tempered profits at Barker and Stonehouse through 2022/23 with md James Barker saying the furniture retailer has used the exceptional prior period to fund investment for the long term.

Furniture and lighting retail sales were almost identical in November year-on-year according to provisional data from the Office for National Statistics (ONS), which simultaneously revised down October figures.

North East living, dining and bedroom wholesaler Baker Furniture has taken two-year capital expenditure to over £1.7 million as it continued to invest against a backdrop of rising costs and decelerating demand.

Core furniture exports out of the U.K. declined for the fourth straight month in October despite higher demand from the number one export market.

Profits moderated for a second straight year through 2022/23 for Hopewells, one of the largest and longest established independent furniture retailers in the Midlands.

Furniture wholesaler and bed manufacturer Balmoral saw revenue return closer to pre-pandemic levels in the year to end March, but rising costs hit the bottom line.

Growing financial and environmental concerns among consumers will see demand in the furniture resale sector increase five times as fast as that of the total furniture market by 2027, according to a new report.

Inflation and sales growth mean more than 10 percent of all U.K. floorcoverings retailers now have a turnover north of £1 million, according to 2023 data from HM Revenue & Customs.

Independent furniture retailer TR Hayes of Bath left more profit in the business than in any other year on public record in the 12 months to end March, with closing cash also reaching an all-time high.

The group behind Decorative Panels Furniture, the U.K.'s largest flatpack cabinet maker, stepped up investment through 2022/23, with the highest capital expenditure programme in its history.

Italian upholstered furniture giant Natuzzi plans to remain master tenant of its High Point property despite plans to sell the iconic building, senior executives have said.

Consumer household furniture prices stabilised in November, as official data showed a first rise in inflation in the category in nearly a year and a half. By contrast, stubbornly-high flooring inflation eased to a 33-month low.

Dutch carpet producer Condor is to consolidate and build its status as the largest carpet producer in mainland Europe with the planned takeover of Betap, its hitherto family-owned compatriot.

Cookes Furniture, one of the U.K.'s largest privately-owned retailers, has strengthened its leadership team with both internal and external board appointments.

Privately-owned national retailer Furniture Village is relocating one of its north London stores, opening a new unit on the Staples Corner Retail Park next week.

Spinks, the Yorkshire manufacturer best known for supplying bed components, has secured a £250,000 research contract to bring its EcoSeat spring technology to U.K. rail seating.

Sleepeezee has produced and donated limited edition children's books to The Children's Hospital Charity as part of the launch of Little Bedz, its new kids beds product line.

Sales fell sharply for the business unit taking in ecommerce furniture and home giant Wayfair's U.K., Irish and German trading activities last year, according to figures that became public for the first time on Monday.

A share buyback at high-end modern furniture retailer Beadle Crome Interiors put a seven-figure valuation on the company, and concentrated ownership.

The leadership team at Long Eaton sofa supplier Siren Furniture have taken a step closer to paying off the outstanding takeover consideration following its management buyout two and a half years ago.

Upmarket cabinet maker and retailer Martin Moore Furniture slipped to a loss through 2022/23 after rising operating costs negated the impact of higher output.

Nobia CEO and president Jon Sintorn will leave the kitchen group next June, sparking a recruitment process for a successor.

The CEO of Simba Sleep says the mattress brand is working closely with the Competition and Markets Authority (CMA) to ensure best practice after the U.K.'s competition regulator launched an investigation into whether the company is misleading consumers.

West Yorkshire upholstered furniture manufacturer Sherborne says it is budgeting for a further decline in sales through 2023/24 with expectations for future trading levels to be lower than in its just-reported financial year.

Imports of wood bedroom cabinet into the U.K. fell for the second straight month in October on weaker data from trading partners in mainland Europe. Despite the decline, they remain at a historically elevated level.

Swoon is entering the kitchen furniture market after launching a product collaboration with Harvey Jones, the semi-national high-end kitchen retailer.

Consumer spend intent for higher value items such as furniture and flooring improved for the second straight month in December according to a closely-following survey by GfK, the international polling company.

The chief executive of RH says the luxury furniture retailer doesn't plan to end its U.K. gallery network with the two already confirmed locations here. Other sites are also in the pipeline.

North Wales bedroom and living room cabinet manufacturer Welcome Furniture made strides in the contract sector through 2022/23 but rising costs and the difficult macro economic backdrop impacted its bottom line.

A downward gear shift to more normal trading levels after the Covid period saw revenue and profits decline for three-store Northern Ireland furniture retailer CFC Interiors in the year to February 28, 2023.

Foam and sprung mattress imports into the U.K. climbed for the fourth straight month in October, reaching the second highest level in history.

Shipments of wood living and dining cabinet fell by just over a third on last year in October as weak demand combined with strong comparative figures.

Upholstered furniture imports into the U.K. climbed for the first time in 11 months in October, propelled by trade with Italian and Chinese producers. Imports from Poland continued to lag year-earlier levels.

Britain's biggest floorcoverings wholesaler has agreed a settlement with insurers, nearly two years after the fire that destroyed its MCD Kidderminster distribution centre in December 2021.

The U.K.'s largest BoConcept franchisee has expanded its retail footprint with the opening of its first concession inside a Fenwick department store, and the second for the brand overall.

A large increase in trade with Turkey helped power a first rise in the value of carpet imports in four months in October. Volume growth was even stronger.

Turnover at the factory gate declined for the seventh straight month in October on a year-on-year basis, but at the shallowest rate since May.

The Furniture Makers' Company, the industry charity and livery company, has raised over £11,000 from its festive online auction, beating the target set before it began last month.

Trading conditions returned to more normal levels at home department store retailer Housing Units through 2022/23 with its CEO saying further investment has left it well placed for the years ahead.

The heavily-leveraged balance sheet of cabinet and upholstery retailer The Cotswold Co is to be transformed after shareholders agreed to waive all interest accrued on loan notes as part of a major refinancing exercise.

The decision to absorb rising raw material and labour costs saw La-Z-Boy's wholly-owned U.K. manufacturing company slip to a loss last year, but cash generation was strong and underlying sales were up double-digit.

National retailer Furniture Village has been recognised three times at this year's Best Companies Awards, including winning the Special Award as the Best Improver 2023.

Tony Lisanti is stepping down as Airsprung Group chief executive, with oversight of the bed and upholstery manufacturer passing to chief operating officer Tean Dallaway.

The company behind multi-million pound direct-to-consumer bedding brand Groove Pillows has stopped taking orders and been placed into liquidation.

Ross Fabrics, a key cog in the U.K. sofa manufacturing supply chain, said volumes returned to pre-Covid levels in the year to end March, adding that the cost-of-living crisis was starting to have an impact towards the end of the period.

Losses narrowed at the David Phillips Furniture group in the year to end March as it found margin after a price reset and placed greater emphasis on residential real estate such as supplying the build-to-rent sector.

Multichannel housewares retail brand Sophie Allport said it will look to find cost savings after harder trading conditions through 2022/23 led to falling sales and a net deficit.

David Phillips, the specialist furnishing services provider for developers, investors, estate agents, property managers and landlords, has disclosed the terms of its buyout of furniture rental provider Monty Space.

Furniture and soft furnishings chain Harry Corry Interiors generated almost £5 million of operating cashflow for the second straight year but reported profits declined on rising costs and thinner margins.

Furniture retailer Made.com (Made) is returning to an old hunting ground with the opening of its second brand showroom since its relaunch under the custodianship of Next earlier this year.

Value furniture chain JYSK has now reported losses in every year bar two since it arrived in the U.K. 15 years ago as rising operating costs including a higher rent bill vaporised the profits of the Covid-period.

Liquidation impacts around 20 jobs at East of England kitchen, bedroom, home study maker and retailer.

The West Midlands manufacturing group behind contract seating brands Boss Design, Jack Cartwright and Lyndon Design booked higher profits through 2022/23 but says repeating the feat will be trickier in the new financial year.

Expanding furniture and furnishings retail chain NCF Living is to further build out its store footprint after taking another former Harveys unit.

A wholly-owned Natuzzi subsidiary that runs three of the Italian upholstery company's stores in London returned to profit last year after it booked the revenue from unwinding its large order book.

The ambitious ecommerce homewares retailer that rescued £2 million furniture retailer Shabby in early 2022 slipped to a deficit in the first full year since completing the asset buyout.

The integration of an acquisition and a new startup soft furnishings manufacturing venture helped North West fabrics group Panaz grow through 2022/23. But rising costs meant profits flatlined.

Furniture retailer Cotswold Company is to open its ninth full-line store and its 12th overall including outlets with the launch of a showroom in Bath next Thursday (Dec. 14, 2023).

Independent furniture retailer Arighi Bianchi is to use its Park Lane warehouse in Macclesfield as a clearance store, opening up once a week to sell ex-display and end-of-line products as well as goods with small defects.

Fabb Furniture cut its net loss through 2022/23 as the retail chain maintained top line momentum and benefitted from a landlord compensating it for exiting a store lease ahead of time.

Beds, furniture and property entrepreneur Andrew Perloff has made additional seven-figure debt finance available to retailer Fabb Furniture in the past year.

The take-private deal of mainland European retail and wholesale group Beter Bed Holding by a venture capital group is substantially complete after almost all existing shareholders agreed to tender their shares.

Multi-site flooring wholesale group Likewise said year-to-date revenue remained up double-digit by November but the rate of growth has fallen 4 percentage points since the date of its half-year results.

The Furniture Makers' Company (TFMC), the industry charity and livery company, on Tuesday night named the recipients of its 60 for 60 Awards — championing a potential new generation of future leaders.

The number of furniture retailers with sales north of £1 million has climbed by a fifth in the past year, as price inflation and post-lockdown demand combined to elevate more companies into seven-figure businesses.

Outdoor furniture supplier Alexander Rose has cut inventory levels by more than a third over the past six months as the business returned to profit after the disruption of the immediate post-Covid period.

A wholly-owned U.K. retail subsidiary of high-end French furniture brand Ligne Roset was loss making again in the past year after it had previously ended a run of five straight trading deficits.

Furniture and homeware retailer Dunelm has continued to expand its horizons beyond out-of-town retail parks with the opening of another large in-town former department store unit.

Workplace furniture maker Orangebox returned to profit through 2022/23 as the impact of increased top line activity and royalty revenue filtered through the income statement.

Agents have cleared the last remaining stock of the predecessor Made.com company following the furniture retailer's collapse into administration a year ago.

Designer furniture and homeware retailer The Conran Shop is to close its circa £13 million business in France, bringing an end to three decades of trade.

Upholstery and curtain fabrics wholesaler Fryetts said it continued to perform well through 2022/23 despite the recent economic uncertainty, with net margins remaining in double-digit percentages.

The largest private shareholder in Established & Sons has increased the size of his stake in the designer furniture, lighting and homewares company.

Polish sofa manufacturer Tessa Group has taken a significant minority stake in Sofa Club, the fast-expanding upholstered furniture retailer that sells online and through lounges in major U.K. shopping centres.

Major independent furniture retailer Lee Longlands plans to expand its footprint with the opening of two new stores inside the next 15 months, the first of which is slated to open just after Christmas.

Industrial giant Vita Group, whose diversified activities span semi-finished and finished products ranging from PU foam to mattresses and underlay, has disclosed the sale price for the disposal of a French subsidiary which completed earlier this year.

Experienced furniture industry executive Bo Simonsen has become group sales director at The Sofa & Chair Company, the London based upholstered furniture manufacturer and retailer.

Outdoor furniture supplier Alexander Rose booked a large deficit in the 18 months to end February 2023 as delayed containers led to cancelled orders along with elevated demurrage and storage costs.

The West Yorkshire company behind the Bedmaster mattress and beds manufacturing brand invested heavily in stock last year in a period where sales were flat and profits declined.

Residential property transactions, considered one of the best foretellers of future demand for home furnishings such as furniture and flooring, declined sharply in October.

Furniture and electricals retailer Harvey Norman has seen sales in Ireland weaken in the past two months, but the negative trend has softened at its smaller Northern Ireland based operation.

The insolvent restructure of the Pagazzi Lighting retail business earlier this autumn resulted in the closure of three of its stores, administrators have said in a new report.

Value furniture and homeware retailer JYSK opened 135 new stores in the past year and says it expects to pull the shutters up on at least as many again by the end of next summer.

Lancashire fitted furniture components supplier HPP booked lower profits through 2022/23 as higher output was outweighed by rising costs.

Liverpool furniture, home and garden retailer Taskers said margins were negatively impacted through 2022/23 as it bore additional freight costs of about £1 million. It said it hopes for a recovery now that rates have normalised.

Wooden beds and mattress vertical Get Laid Beds continued to rack up class-leading profits through 2022/23 as high export demand mitigated weaker figures from the U.K.

The carve-up of the adjustable furniture retail group that until earlier this year traded as Middletons and Oak Tree Mobility has led to improved profitability and a better-equipped platform for growth, its owner has said.

A Worcester company incorporated at the turn of the year has been formally told to change its name at the behest of La-Z-Boy Manufacturing U.K., the Lancashire manufacturing arm of U.S. upholstered furniture brand La-Z-Boy.

Ingka Group, the largest worldwide IKEA retailer, saw profits climb five-fold in the year to end August. The proceeds will be reinvested, shared with its employees, and go towards charitable endeavours, the company said.

Restructuring advisors have been called in at Vivense London, a two-store furniture, lighting and homeware retailer that arrived in the U.K. amid multi-million pound investment during the pandemic.

Victoria sold 175,000sqft former Westex carpets factory last year, but sale price hadn't previously been disclosed.

The chief executive of Natuzzi has detailed other assets that the Italian sofa maker and retailer might consider selling to raise cash, in addition to its iconic High Point building.

Flooring trade buyers looking to comprehensively scour the market for new products face a tight January schedule with two major concurrent international events each saying they will host a wide array of exhibitors.

Optimism among furniture makers about the trading environment has faded according to an updated poll of its members by the trade association British Furniture Manufacturers (BFM).

Flooring conglomerate Victoria last week recouped tens of millions of euros after closing a transaction to sell off surplus property in Belgium acquired as part of its takeover of Balta's rugs and U.K.-oriented broadloom carpet activities last year.

Bolia, the modern upholstery, cabinet and accents retail brand that has been present in the U.K. market since 2016, has reported its first loss in 14 years.

The owners of ecommerce furniture and home brand Laura James say the business is on target to eliminate the losses of the past two years after management change, and investment in both new technology and infrastructure.

The executive chairman of Victoria has moved to reassure investors regarding the resignation from the board last week of the co-founder of one of the flooring group's largest shareholders.

Incanto Group, once one of the largest upholstery suppliers to the U.K. market, will bring its Sofitalia brand back to these shores for the first time in ten years in early 2024.

Natuzzi said it did not deliver enough revenue to break even in the third quarter as it lapped an exceptional period last year and endured weak macro economic conditions in markets worldwide.

Upholstery and flooring retailer ScS has appointed Phil Geary as chief marketing and digital officer, filling a post vacated earlier this month after Kyle Rowe took a new position elsewhere.

Beds market leader Dreams has launched a programme of beds and bedroom furniture in partnership with X Rocker, the global gaming furniture brand.

The rebuild of Made.com took another leap forward this weekend after brand owner Next launched the first standalone store for the furniture retailer banner under its stewardship.

Revenue returned closer to pre-pandemic levels for Suffolk bed maker Mansion House Bedding Group through 2022/23 thanks to increased demand from the contract sector. Profits declined on higher costs and investment.

November saw the largest single-month improvement in consumer confidence for major purchases since June 2020, giving retailers a boost going into the final weeks of the year.

Online general merchandise retailer Very said its indoor furniture sales performance was "significantly ahead of the market" through the three months to end September.

Output declined double-digit through 2022/23 for Flameproofings, a market leader in the supply of flame retardant fabric coatings for the upholstered furniture industry.

A small West Yorkshire manufacturer of modular sofas and upholstered bed frames has been placed into liquidation within eight months of an ownership change.

Higher costs weakened margins at specialist furniture and bedding retailer Futon Company in the past year, despite another all-time high sales effort.

Home and garden retail giant IKEA has launched a mattress recycling scheme in partnership with The Furniture Recycling Group.

The Furniture Market, one of the U.K.'s largest ecommerce furniture retailers, invested heavily in new delivery vehicles and infrastructure last year as it continued to achieve profitable momentum.

The National Bed Federation (NBF) has issued an urgent call to bed manufacturers and retailers to watch out for and report fraudulent emails purporting to be from the trade association.

JPL Upholstery, a circa £5 million turnover recliner and sofa maker that was producing three models for one of the country's largest furniture retailers, has been placed into liquidation.

Flexlux, the modern chair and sofa brand from Danish upholstery producer Theca, will enjoy its largest U.K. retail trade audience yet when its makes its January Furniture Show debut early next year.



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