London based designer furniture and homeware retailer The Conran Shop has received a new seven-figure equity injection.

The sales trend at Argos is improving but the general merchandise retailer still booked a double-digit drop in business in the first quarter of its 2022/23 financial year and remains down on pre-pandemic levels.

Profits more than doubled at the Ashley Wilde group last year as the Hertfordshire headquartered furnishing fabrics group delivered an eighth straight increase in revenue.

Antitrust regulators in the U.K. have told Carpenter and Recticel to address competition concerns to prevent the proposed takeover of the latter's engineered foam unit by the former from being referred for a more in-depth investigation.

Pocket spring maker Wolf Components is expanding its manufacturing footprint in South Yorkshire amid rapid growth that has seen it become a key supplier to the U.K. mattress industry.

Furniture retailer Heal's has fleshed out proposals to take the neighbouring Habitat unit in central London but has confirmed the reconfigured space will not increase its overall footprint at the site.

Sales at ecommerce brand Furniture Box jumped by two thirds through 2020/21 as it delivered high profits ahead of its expansion into new premises.

Container shipping schedule reliability remains at a historically low level while spot prices are falling from record highs and delays easing after a two-year stretch upended by the pandemic.

Home and leisure retail chain The Range concurrently opened two new stores this weekend to take its overall footprint to 210 nationwide.

Arighi Bianchi will supply furniture to the show homes of a new local development by David Wilson Homes, with the housebuilder to promote the properties from inside the heritage independent's iconic store.

EBITDA was almost two thirds higher for Bentley Designs last year as the furniture importer deleveraged after it kept a tight rein on costs and revenue recovered, countering weaker gross margin.

Furniture retailer Hatfields says it remains focused on delivering an online trading platform before the end of March next year as the reopening of stores after the latest Covid lockdown helped it recover sales lost to enforced closure.

Endless, a serial backer and bidder for home interest companies over the past decade, has raised £100 million from investors as it targets a new raft of buyouts.

Construction is underway at distribution centres in Scotland and the Midlands as national flooring wholesaler Likewise Group looks to double its logistics capacity this year.

Profits climbed three-fold for Wales based fitted kitchens, bedroom and home office manufacturer and retailer Sigma 3 last year as it more than reversed a sales decline through the first year of Covid.

Kitchen, bedroom and bathroom furniture giant Symphony is making a ten-figure outlay as it invests in the build out of its vast manufacturing plant in South Yorkshire.

Creditors have backed a company voluntary arrangement (CVA) that puts an end to a two-year administration process for a one-time £55 million upholstery group.

Designer furniture and homeware retailer Heal's has opened a new clearance unit on the King's Road, London in a space that was until late 2020 occupied by upholstery retailer Sofa Workshop.

Stock levels at Cleland McIver more than doubled by the end of its 2020/21 financial year as the soft furnishings supplier invested further in distribution capacity with a new 75,000sqft facility.

Lincolnshire cabinet importer and wholesaler Classic Furniture battled rising shipping costs and limited container slot availability as it booked its highest profits since 2014 last year.

Wood flooring specialist Havwoods will open its second store this year and its fifth overall as it continues expanding its retail footprint in wealthy parts of the country.

Linley, the prestige London furniture and interiors group, says it is on a solid footing and demonstrably able to trade successfully after a year in which the structural economics of the business improved.

National floorcoverings distributor Carpet & Flooring has appointed a new md with a raft of home improvement industry experience following the planned departure of longtime leader Lisa Tomlin.

Jarrold & Son, the historic department store and furniture retailer, has hired a new chief operating officer amid wider board change at the diversified East of England retail and services group.

The md of furniture components supplier Wade Spring says the combination of new export business and an expanded engineering offer were a major driver in increased profitability last year.

Profits were two-thirds lower at regional beds retail chain Sussex Beds through 2020/21 as narrower gross margin and higher administrative expenses countered record revenues.

National retailer Bensons for Beds will this weekend open a new concept store in Didcot with a return to the Orchard Shopping Centre, a site it vacated two years ago.

Furniture Village, the U.K.'s largest majority family-owned furniture retailer, has been named winner in three categories of the 2022 Family Business of the Year Awards.

Russell Harte is now chief operating officer at upholstery market leader DFS after the retailer redistributed management duties across its senior leadership team.

The group behind regional carpets chain Wilsons and national ecommerce flooring brands such as Online Carpets landed bumper profits in the first figures since it reorganised under a single entity.

A seven-figure reorganisation saw Ireland, Northern Ireland and Scotland wholesaler Flanagan Flooring bring a property investment joint venture under its control last year.

Furniture and homeware retailer Loaf has appointed River Island director Theodore Sheppard as its new chief commercial officer (CCO) with a brief to drive sales and grow market share.

Britain's biggest carpet maker held almost four times the value of raw materials at the year end as it invested heavily to enable it to meet surging demand for its products and deliver its highest ever profits.

Wayfair launched its first ecommerce store in Ireland on Monday morning, following through on plans we first reported in the autumn of last year (see related).

Cyclists from retailer Mattress Online have completed a 140-mile bike ride across the width of the country fundraising for Zarach, a charity that fights against child bed poverty in the U.K.

Industry charity The Furniture Makers’ Company is issuing a final call for teams to participate in Big Shots 2022, its annual charity clay pigeon shoot.

The cost of living crisis and weaker-than-expected demand have upended the orderly close down of Furniture Loft's store-based business in Leicestershire but its owner says customers who've made advance payments should be able to get their money back.

Upholstery vertical Sofa.com has followed the opening of its new store in York with more new space as it presses ahead in partnership with sister retail brands. Sofas & Stuff is also expanding with a new East Midlands store.

Britain's biggest flooring wholesaler will enable independent retailers and one-man-and-a-van installers to hit sub-£15sqm price points after launching a new brand with a supporting micro-site.

Mattress and upholstered beds brand Button & Sprung is to relocate into a new and larger showroom in London next week.

The management at two thirds of furniture companies are prioritising sustainability, according to a survey by The British Furniture Confederation (BFC). That is not enough, according to its chair.

Trade show INDX Beds & Bedroom will return this autumn with visitor pre-registration now open.

Product availability across the U.K. furniture retail sector jumped in the first quarter driven largely by rising capacity among upholstery and bed makers, categories where domestic suppliers remain a major force.

Sterling Furniture Group will open its fifth store under its Sterling Home brand with the launch of its refurbished and reimagined Aberdeen branch after an investment north of £2 million.

U.K. furniture and lighting retail sales declined in May as new bookings began to dry up and companies worked their way through a backlog of outstanding orders taken earlier in the year.

A huge leap in sales after the spring lockdown and the introduction of ecommerce helped furniture retailer JYSK report a first ever profit at its U.K. subsidiary last year.

Consumer confidence fell to its lowest level on record in June on worries over personal finances amid the cost of living crisis. But the figures did at least arrest a long-running slide in big-ticket purchase sentiment.

Quick-ship sofa brand Swyft has diversified with the launch of its first programme of upholstered beds and roll-pack mattresses.

Directors at carpet yarn spinner Lawton Yarns have completed a management buyout (MBO) of the company, ending the two year stint under the ownership of London private equity group Breal Capital.

Heal's will re-occupy the longtime Habitat store adjacent to its London flagship on Tottenham Court Road (TCR) as part of wide-ranging plans to improve one of the furniture trade's most iconic pieces of real estate. However, its overall footprint at the site may not increase.

Modern furniture retailer Cult registered higher profits last year as revenue climbed to record levels for at least for the fourth year straight after it elevated its focus on growing in the U.K.

Regulation of interest-free Buy-Now Pay-Later (BNPL) credit agreements will be further tightened under new Government proposals that will likely impact smaller stores and web based furniture retailers the most.

North West upholstered furniture manufacturer Buoyant will book a sharp decline in profits in the year to September 2022 after higher raw material costs combined with recruitment challenges.

Bedeck returned to profit last year as the Northern Ireland based bedding company benefitted from a lower administrative cost burden of almost £2 million, including non-recurring exceptional items and a currency gain.

Tony Attard, the new master of The Furniture Makers' Company, the industry charity, is organising a 300-mile bike road from Hertfordshire to Lancashire with the aim of raising £50,000.

Television and radio presenter Colin Murray will be the host of the National Bed Federation (NBF) Gala Dinner and Awards Ceremony, taking place September 20 at the Telford International Centre.

There were tentative signs that furniture retail price inflation may have peaked as consumer price rises in the category eased in May for the second straight month. The figures remain at sky high levels.

Furniture and home accents wholesaler Coach House smashed through a high ceiling to record largest-ever profits at its trading arm last year as it recovered strongly from the first year of the pandemic.

Man Wah Holdings says the company will appeal after a jury awarded more than $100 million in damages for the alleged infringement of a former supplier's intellectual property. A judge will now decide the actual figure, likely to be a fraction of that amount, pending an appeal.

About one in four products bought by the National Bed Federation (NBF) as part of its ongoing due diligence finished product testing programme revealed major flammability and trade descriptions issues.

Upholstered furniture brand Snug has launched a new eco-friendly sofa cover option across its entire programme of sofa models.

Savoir Beds co-owner Alistair Hughes has stepped down as managing director having hired former Maker&Son executive Nicholas Alexandre as his successor. Mr Hughes remains a director, focussed on long term strategy and growth.

Trade show INDX Furniture takes place at the Cranmore Park Conference & Exhibition Centre over three days later this summer with pre-registration now open, organisers have confirmed.

A prominent U.K. ecommerce sofa retailer is unaffected by the insolvency of the company that operated the brand for almost four years until the beginning of 2022.

Revenue jumped to nearly £90 million and losses were reversed for the U.K.'s self-described largest independent floorcoverings distributor last year.

Cabinet manufacturer Wegmans Furniture Industries booked revenue up nearly a third in the first quarter driven by an even bigger improvement in Europe, where the U.K. is a key market.

Ecommerce giant Amazon has moved to strike out a number of newly-formed companies that it believes may have been looking to trade off the back of its universally-recognised brand name.

Ex-DFS executive Nick Collard has been promoted to CEO at Bensons for Beds with immediate effect, succeeding Mark Jackson, who is leaving the retail chain after three years at the helm. Group CFO John Sidebotham is also stepping down.

The past week has seen a rout of global furniture industry stocks with billions of pounds of value disappearing into the ether as the market capitalisations of dozens of companies declined, many in the U.K.

Top-of-the-market upholstered furniture maker George Smith recorded a fourth straight bottom line improvement and third consecutive profit as it traded strongly last year.

A North West wholesale and retail furniture company that traded direct but also sold through major online platform businesses has gone the way of a predecessor operation.

A South East freight forwarding and third-party logistics (3PL) provider has gained a 10-day stay from creditor action after it filed a notice of intent (NOI) to appoint administrators.

Upholstery and flooring retailer ScS says Andy Kemp will join its board as non-executive director next year ahead of the planned departure of one of its existing officers.

Rotherham based Mattress Online was the highest placed company from the home furnishings sector at the Northern Tech Awards, which recognised fast-growing companies.

Lee Longlands delivered on its pledge to record near seven-figure profits as it fleshed out details from it what it called an extremely positive performance off the back of lockdowns and ahead of it completing a major refinancing solution last June.

Expedient fit-out of high-profile London showroom followed Sofa Workshop ceasing to trade back at the end of March.

Investment helped the soft furnishings group behind the Iliv brand find further margin gains in a strong trading period during which it grew profits and repaid debt.

Takeover followed winding up petition issued by a timber supplier to the mattress and beds vertical.

Mark Eastwood MP has been appointed chair of the All Party Parliamentary Furniture Industry Group (APPFIG). The Dewsbury official takes over from fellow Conservative Mike Wood, who has led the group since it was reformed after the General Election.

Upholstered furniture manufacturer Roger Lewis is to concentrate its activities in the contract arena following a restructuring process that sees it exit the retail sector.

Premium bed maker Savoir repaid debt, built cash and found gross margin gains as it worked through a bulging worldwide order book last year.

Britain's leading bed makers are turning increasingly bearish amid the unwind of previously-bulging order books, rising costs and a less-rosy demand outlook.

Ecommerce shopping group N Brown said the shift away from home goods seen since the turn of the year is continuing and showing no signs of abating.

National retailer Bensons for Beds has launched a new line of mattresses and beds under the historic Staples & Co brand with an option count north of 28,000 combinations.

Stakeholders across the U.K. furniture and furnishings trade have raised £270,000 for the year-long Step 2 It campaign, organised by The Furniture Makers' Company (TFMC), the City livery and industry charity.

Furniture, home and department store retailer Barkers of Northallerton saw revenue recover to pre-pandemic levels last year with its dedicated Barkers Home store among the standout performers. Gross margin widened by 380 basis points.

Foam and sprung mattress imports into the U.K. continued their ascendancy at the beginning of the second quarter driven by a mix of established and emerging suppliers.

Devon bed manufacturer Vispring is to open a flagship store in central London, its first standalone showroom anywhere in the world.

Smaller nations picked up the slack as living, dining and bedroom cabinet volumes from China dropped by 25.1 percent at the beginning of the second quarter.

Actona has agreed to buy Polish sofa maker SITS in a deal that means the design, wholesale and manufacturing group has added about £180 million in upholstery revenue through acquisitions in the past year alone.

Upholstery import volumes from China fell by almost a quarter in April as retailers and wholesalers grappled with the rising cost of shipping products in from the country.

Keen & Toms Holdings, parent to bed maker Hypnos and white glove delivery company Keen & Able, remained cashflow positive through the height of the pandemic as supply chain challenges hindered its ability to turn strong demand into profit.

The value of carpets imports dropped by almost a fifth at the start of the second quarter while volumes were down at nearly twice that rate on a year-on-year basis.

The operators of bed brands that have no direct manufacturing of their own will be able to apply to join the National Bed Federation (NBF) after the U.K. trade body widened its membership criteria with a new category.

Man Wah Holdings, the world's largest motion furniture maker with operations across the Far East and Europe, is considering the spin-off or separate listing of a component subsidiary.

Well-known upholstery industry executive Daniel Feltham-White has acquired sought-after intellectual property of historic retail brand Sofa Workshop.

The first phase of a major refurbishment of the former Clarkes Furnishers store in Maidstone is complete with it now open again to customers and trading as Lenleys Home.

The value of U.K. furniture production remained at a historic high level in April but fell below revised record figures for the end for the first quarter.

The company that completed an insolvent buyout of a prominent North London furniture wholesaler whose products were sold on platforms such as Wayfair has a new name.

A director of the business now trading the semi-national multichannel retail brand Bedworld has been fined and had his van seized and crushed after admitting fly-tipping.

The National Bed Federation (NBF) has named the eight independent judges for the 2022 Bed Industry Awards across the five manufacturer and component supplier categories.

But higher costs mean 23-store South East retail chain fails to make material gains to the bottom line despite surging sales.

North West ecommerce and store retailer Furniture in Fashion, which has been profitable every year since its inception in 2007, recorded seven-figure earnings as it traded strongly through the pandemic.

A North West independent retailer with ties to the once-national Durham Pine brand has ceased trading after filing for insolvency late last month following its planned closure.

Floorcoverings suppliers and their customers must work in unison amid rising prices and an expected fall in demand, according to a worldwide collective representing companies in the sector.

A John Lewis warehouse in Reading is to become one of the first buildings to be knocked down and replaced by housing under previously-announced plans by parent John Lewis Partnership (JLP) to move into property.

Upholstery market leader DFS has cut its full year profit expectations as a result of continuing supply chain disruption and a slowdown in order intake. It said it still expects to take market share.

A North West based direct-to-consumer manufacturer and retailer of children's mattresses and bedroom furniture lists a new trading entity following the insolvency of its former operating company.

High-end furniture brand B&B Italia, whose products are sold through third party dealers in the U.K., has launched an ecommerce store in one of its key international markets.

Privately-owned Kent furniture retailer Gerald Lukehurst & Son (Lukehurst) made its largest gain on public record in the past year after accelerating a store expansion programme.

Dreams, the U.K.'s biggest bed retailer, has appointed global creative network Iris as its new agency with a brief to create a new brand vision for the future, post-pandemic.

The National Bed Federation has announced the five judges for the retailer categories of the 2022 Bed Industry Awards, which will be announced at its gala dinner on September 20.

One of the co-founders of online estate agent Purplebricks who now runs emerging property portal Boomin has acquired My Bespoke Room (MBR), the digital interior design provider that works with a slew of high-profile furniture companies.

Follows launch of 6,000sqft Chelsea showroom offering its full furniture range in the capital last year.

The take-off of furniture and homeware brand Loaf's physical retail business in Scotland, plans for which we first reported last year, is moving a step closer.

Ministry of Furniture (MoF), the contract manufacturer that emerged from Remploy in 2014, has moved to a new head office and showroom facility in Neath, South Wales.

Costco levered the power of brands such as Natuzzi, Thomasville, Bentley Designs and Silentnight on the way to strong growth in the U.K. which it has followed up with further gains in the period since.

Independent surveyors have revised upwards the value of IKEA's U.K. real estate interests, even after the disposal of millions of pounds worth of property last year.

Ecommerce retailer Furniture Box traded strongly through the pandemic as it recorded seven-figure profits ahead of an investment in a new purpose-built stock holding facility and expansion into new geographies.

Fresh valuation for the company behind the Houseology and Olivia's ecommerce furniture and interiors brands up-rates the previous figure by nearly £18 million.

Interior fabrics group Panaz Holdings has appointed the former general manager of luxury textiles company Chase Erwin to run the brand following its takeover last year.

The failure of a West London soft furnishings supplier dating back to the mid 1980s leaves creditors facing a large shortfall.

Show organisers have rescheduled the China International Furniture Fair (CIFF Guangzhou) and a sister event for next month after they were postponed because of Covid earlier this year.

Leading British bed manufacturers have agreed a five-point commitment to take steps in unison that will address global environmental damage. It is part of a new National Bed Federation (NBF) initiative called Pledge for Our Planet.

Direct-to-consumer mattress and ancillary products retailer and wholesaler Eve Sleep has launched a review and formal sale process, saying it wants to explore its strategic and financing options.

Restructuring advisors have outlined details of the prepack reorganisation of a circa £1 million Surrey cabinet maker while two other manufacturers—both in the made-to-measure furniture sector—have filed notices of intent to appoint administrators.

Wealthy shoppers eagerly awaiting the U.K. arrival of RH in the Cotswolds this summer may have to wait a few weeks longer than anticipated as the upmarket U.S. retailer satisfies the nuances of the British planning system.

Floorcoverings conglomerate Mohawk Industries has agreed to buy the Vitromex ceramic tile business from Grupo Industrial Saltillo (GIS) in an all-cash deal worth about $293 million (£235m).

Furniture retailer SoloMiya has left consumers facing a battle to recover down payments after it collapsed into liquidation. Its failure was confirmed in what was the industry's worst week since the start of the pandemic.

Gillies of Broughty Ferry has strengthened its presence in the North of Scotland with the takeover of independent retailer Grampian Furnishers.

Ecommerce giant The Very Group (TVG) plans to offer consumer loans of up to £15,000 as part of a strategy designed to give its customers access to a greater number of products.

Minimum high six-figure profits for West Yorkshire based ecommerce mattress and beds retailer with close ties to the manufacturing sector.

Design, wholesale and retail group Neptune acquired two of its third-party run branded showrooms during a period when the worst of the Covid-restrictions were coming to a close.

B&M sold its last remaining shares in an Irish bedding retail business at the height of the pandemic in a transaction planned years in advance.

Mike Scott will retire as chief financial officer at diversified flooring conglomerate Victoria later this year after six years in the role. His replacement joins from outside the industry.

Furniture exports out of the U.K. continued their recovery in the first quarter of 2022 but still have some distance to travel to return to historic highs.

Restructuring advisors have achieved a third substantial return for creditors of the predecessor Silentnight company, more than eleven years after its business and assets were sold in a prepack deal to its current owner.

Online vendors offering the goods of a North Yorkshire based wholesaler of occasional furniture and rattan home and garden goods which collapsed earlier this year are clearing the last remaining items from their platforms.

Two furniture brands, one long established and the other new to Ireland, are expanding their retail footprint in the country as trade begins to return closer to historic levels.

Upholstery supplier Nicoletti Home is building further manufacturing capacity nears its southern Italy headquarters with a new factory coming on stream in the next month.

Furniture, a category jettisoned under its previous ownership, is at the heart of home improvement chain Homebase's new Chester store, which is now open.

Revenue jumped by more than a quarter and profits increased for Gillies of Broughty Ferry in 2020/21 as the six-store retailer responded quickly to external factors amid the height of the pandemic.

Neptune reinvested strong cashflow back into the business amid rising sales and profits last year, but the furniture, home and garden brand says it has since encountered supply chain constraints.

Furniture industry buying group and event organiser Minerva Furniture Group may in time look to hire following the departure of a key official last month but there are no immediate plans to recruit and no decision has been taken.

Upholstered furniture chain Sofology has timelined the planned opening dates of both of the latest locations in its new store pipeline.

Off-price furniture and homeware retailer Homesense plans to rebuild U.K. store numbers with the opening of a new store north of London, its first since the pandemic started.

Hennes & Mauritz (H&M) is to further expand the scope of its H&M Home store concept in the U.K. with the launch of a two-storey unit in Gateshead.

French multinational Maisons du Monde (MDM) has issued a profits warning after saying any hopes for sales growth this year can be largely forgotten.

Italian upholstered furniture giant Natuzzi says it has been scouting new vendors in more stable geographic areas as it looks to plot a course through supply chain challenges.

Sofa company Arlo & Jacob is to be the lead sponsor of the National Premier League tennis finals at the historic St George's Hill Lawn Tennis Club in Surrey.



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