The former owner of the Conran & Partners interior design and architecture practice has disclosed the terms of the sale of the business to its management team for the first time.

Kellars expects to grow by a fifth in its current financial period after the the first full year impact of its depots in Glasgow and Rugby helped boost its national profile last year.

Stronger gross margin helped protect profitability for Ireland, Northern Ireland and Scotland wholesaler Flanagan Flooring last year amid rising costs and lower revenue.

Upholstery and flooring retailer ScS is partnering Shelter, the housing and homelessness charity, by supporting the organisation’s work with donations of cash, unwanted products, and time.

A Scotland based ecommerce trader has become the latest supplier of upholstery to fall foul of the U.K. flammability regulations with four of its models said to present a serious fire risk.

The longtime private equity backer of Brintons says it has successfully negotiated revised debt covenants with the banking syndicate that lends to the group, shoring up the historic carpet maker's finances.

Google and HM Revenue & Customs stand to lose most from the insolvency of the company that until a few days ago ran the Divan Bed Warehouse ecommerce mattress and bedding retail business.

Pooky, the lighting brand created by one of the co-founders of Sofa.com, is opening its first retail showroom in the North of England and its third overall.

Revenue recovered close to pre-pandemic levels for heritage independent home goods retailer Gardiner Haskins last year after a second straight period of growth. Profits also climbed.

Dubious traders tricking U.K. consumers into buying cheap mattresses that purport to be made with much higher specifications are costing the bed industry £100 million a year, says the National Bed Federation (NBF).

Phil Spademan has been appointed managing director of trade association British Furniture Manufacturers (BFM), replacing Sean Holt who has left after fewer than 18 months in the role.

Ecommerce retailer Divan Bed Warehouse is now trading through a different corporate structure after a tax demand from HM Revenue & Customs prompted a predecessor operating company to enter liquidation.

Industrial conglomerate Recticel says foam company Carpenter has communicated its intent to pay less than had been previously agreed to acquire its Engineered Foams business.

Magnet owner Nobia said first quarter revenue declined in the U.K. as it began a wide-ranging restructuring programme that sees the closure of two kitchen factories here and other business model adjustments.

Wincanton has made what it described as a multi-million pound investment in electric vehicle technology to provide home delivery services for IKEA, the U.K.'s largest home furnishings retailer.

Privately-owned ecommerce retailer MattressNextDay has begun listing the Simba Sleep mattress programme among its product offering for the first time.

Independent furniture retailer Vale Furnishers invested more than half of its large cash reserves into property during a year in which it posted record revenue and higher adjusted profits.

Positive rent talks with landlords means general merchandise retailer Argos plans to cull fewer stores than previously anticipated over the course of the next 12 months.

Profits declined at one of China's largest diversified furniture manufacturers last year as rising costs chewed away some of the benefits of double-digit revenue growth.

Norfolk Leisure Lifestyle, a supplier of garden furniture and other outdoor goods that has more than doubled sales through the pandemic, built inventory to new record high levels ahead of the 2022/23 season.

The National Bed Federation (NBF) is launching a month-long campaign called May Be Time for a new Mattress through May with the aim of supporting retail marketing efforts through what is often a slower trading period.

Sharps continued to generate high adjusted profits according to new figures that concurrently disclose the terms of the furniture chain's sale to a new private equity backer for the first time.

Fabrics and wallcoverings supplier Sanderson Design Group shrugged off the impact of flat sales and rising input costs to find profit growth in the year to January 31, 2023.

Bed spring maker Leggett & Platt Springs U.K is reorganising its commercial department in preparation for the planned retirement of longtime executive David Nuttall.

An interior design portal acquired by the co-founder of online estate agent Purplebricks last year has raised new equity funding from shareholders.

Furniture and home furnishings industry news headlines in brief.

The Chinese furniture group that acquired Stressless brand owner Ekornes in a highly-leveraged buyout back in 2018 has introduced a new private equity minority shareholder as part of a refinancing of the Norwegian company.

Flooring group Victoria says the laying off of hundreds of workers at Balta plants in Belgium and the shift of production to factories here and in Turkey will deliver synergy gains of no less than €15 million per year.

Department store and bed shop retailer W.J. Daniel & Company has one final tranche of cash to pay before completing a multi-million pound share buyback agreed two years ago.

Profits declined sharply at Elstead Lighting last year as narrower gross margin and rising administrative costs countered the positive impact of sales growth, particularly in export markets.

Sterling-denominated U.K. revenue climbed double-digit for high-end French furniture brand Roche Bobois during the first three months of 2023 in a sign that wealthy customers are still spending.

Big Shots, the clay pigeon shoot that is historically the biggest fundraiser in the furniture industry's charity calendar, will this year take place Wednesday, June 7, 2023.

The group behind prestige Italian furniture brands including Gervasoni, Gamma Arredamenti and Meridiani is planning to raise acquisition capital with an initial public offering (IPO) on Milan's Euronext exchange.

Profits remained at more than twice pre-pandemic levels for The White Company last year as the retailer saw its customer base pivot back to the store channel and category sales rebalance after a bumper period for home.

A long-awaited Register of Approved Mattress Recyclers is now live in a major development in the industry-led effort to divert old mattresses from entering the waste disposal stream.

Buoyant Upholstery, one of the U.K.'s largest sofa manufacturers, has invested over £215,000 on the installation of 700 solar panels on the roof of part of its Lancashire facility.

Bed maker Sleepeezee says investment at its Kent factory along with supporting overseas carbon offsetting projects have helped it achieve key sustainability targets and maintain its carbon neutral status.

Consumer sentiment towards the purchase of higher value goods such as furniture has recovered to its strongest level in over a year this month, according to a survey by polling company GfK.

Seven companies from the across the U.K. furnishings sector claimed King's Awards for Enterprise, including two for the Harrison Spinks beds, components and fillings group in Leeds.

Privately-owned West Yorkshire mattress maker Apollo Beds maintained elevated profits last year after earlier doubling net income during the pandemic.

The value of U.K. furniture and lighting retail sales advanced on a year-on-year basis last month but volumes remained below 2022 levels.

The CEO of Natuzzi says the upholstered furniture giant is planning to offload more assets in deals akin to the disposal of a foam plant in southern Italy just over two years ago.

The audit of the accounts of Made.com Group in the year before the defunct furniture retailer collapsed into administration is to be investigated by the accounting watchdog.

James Heese, commercial director at ScS, has been elected to the board of the British Furniture Manufacturers (BFM) with a brief to support the trade association's new retail membership category.

Profits declined at Heal's last year as the designer furniture and homeware retailer grappled inflationary pressures on two separate fronts.

Ercol Furniture (ercol) is launching two of its best-loved designs in British ash with the Princes Risborough manufacturer saying it wants its backing for home-grown timber to be an example for the industry.

Furniture, fabrics and homeware retailer Susie Watson Designs is to build out its retail footprint with the opening of its eleventh store next month.

Growth accelerated for Dunelm in the third quarter of its financial year as a strong Winter Sale and higher digital contribution helped sales increase at a faster pace than in the first half.

Rob Freeman and Kirstie McIntosh have been promoted to new roles at Frank Olsen Furniture, the supplier of living room, AV and bedroom cabinets featuring integrated tech such as wireless charging and voice-controlled lighting.

The multi-million pound launch of Strandfoam U.K. into the British market has driven down prices in the foam supply sector and disrupted the status quo, according to its owner.

Furniture retailer Loaf is to break store size records for the second time this year as it expands its footprint in the North of England later in 2023.

Fears voiced by restructuring advisors last year that creditors of the now-closed retailer Manns of Cranleigh wouldn't see a 100 percent dividend have proven unfounded after a multi-million pound property deal completed.

Consumer price inflation for household furniture eased to a 19-month low in March while input cost inflation at the furniture factory gate fell to its lowest level in over two years.

A multi-showroom London floorcoverings company has put creditors on alert after it filed a notice of intent to appoint an administrator (NOI).

Swarupa Pathakji, a longtime director of both value retailer Original Factory Shop and its private equity backer Duke Street, is to join the board of ScS as a non-executive director.

Revenue growth accelerated for Bensons for Beds in the three months to end March with the vertically-integrated retailer announcing plans to step up its store expansion programme.

Imports of foam and sprung mattress imports into the U.K. increased on the back of shipments from China almost doubling compared with the same period last year.

Nestware, the owner of both Britain's largest floorcoverings retailer and standalone wholesale business, says it has already realised synergies from the separate 2020 buyout of a major flooring etailer.

Sleep Expo Europe, a new exhibition and conference for the European mattress, bedding and sleep tech industries, is to take place in the Netherlands in just over a year from now.

Imports from India and Vietnam halved in February to send overall timber living, dining and bedroom furniture shipments down by a quarter compared with last year.

The National Bed Federation (NBF) has appointed Tristine Hargreaves as its new executive director, succeeding Jessica Alexander whose decision to stand down was announced last October.

The chief executive of the upholstery group behind G Plan, Parker Knoll and Duresta says supply chain challenges have eased and demand returned to normal, putting it on the path to improved profitability.

The family of one of the great-grandsons of the founder of fabrics group Romo has bought out another great-grandson and his family in a transaction that concentrates ownership of the circa £100 million business.

High-end bedroom furniture and mattress retailer And So To Bed achieved wider gross margin last year as it adjusted its sales strategy to reflect the inflationary cost backdrop.

Upholstered furniture vertical Arlo & Jacob is to expand into northwest England with the opening of a Cheshire showroom later this year.

Profits at Vispring jumped by more than a quarter as the Devon bed maker enjoyed rapid growth in mainland European export markets last year.

Upholstery retailer Sofology has taken over the whole of the top floor of Redbrick Mill with the launch of a new concept lifestyle store branded Sofology The Edit.

Cheaper shipping costs failed to prevent an eighth straight slide in upholstery import volumes in the first quarter with all three major source nations sending less product to the U.K.

The owner of the retailer widely considered to be the U.K.'s first dedicated online furniture store says inventory is now back to optimum levels and the business back in profit.

The value of carpet imports into the U.K. was flat in February as higher prices compensated for a double-digit decline in volumes.

More than half of the vast roster of Natuzzi furniture stores around the world are now located in China, the company revealed on Thursday after a raft of new openings by its joint venture partner in the past year.

Natuzzi recorded a net loss in the final quarter of 2022 citing higher interest rates as having increased borrowing costs as well as impacting consumer demand around the world.

Designer furniture and homeware retailer Heal's has time-lined the launch programme for its remodelled flagship store on London's Tottenham Court Road (TCR).

Furniture vertical Ashley Ann took two-year capital expenditure to well over £2 million as it invested heavily during what proved a stronger year for the Scotland based kitchens, bedrooms and bathrooms business.

The value of U.K. furniture manufacturing turnover declined on an annual basis for the first time in two years in February, official data out Thursday morning showed, but January figures were better than first reported.

Visitor numbers soared to well north of pre-Covid levels at the Guangzhou-based China International Furniture Fair last month, organisers have reported.

Kent bed maker Sleepeezee Holdings has agreed an £18 million buy-in transaction with Legal & General Assurance Society, securing the pension benefits of around 200 retired and deferred scheme members.

The family investment group that acquired half of Emma Sleep at the start of the pandemic increased the size of its holding in the direct-to-consumer and wholesale mattress business last year.

Revenue advanced for mattress ticking conglomerate BekaertDeslee last year on the back of the pass-through of higher input costs, and a major acquisition.

Third generation family retailer Prestige Beds is to fully reopen its flagship store in the Whitebirk area of Blackburn this weekend following a comprehensive refurbishment programme.

Higher sales to the residential and hospitality markets along with an uplift in demand from U.K. interior designers serving customers in the Middle East boosted a top-end rug distributor last year.

Sleep Country Canada has agreed to buy the Canadian assets of Casper Sleep, the U.S. bed-in-a-box brand often cited as the pioneer in the product category.

Furniture maker and retailer HSL has opened its first store in north London with the launch of a new concept flagship format in Hendon.

London retailer Adventures in Furniture was profitable for a fifth straight year in 2022 as it continued to rebuild from a restructuring process.

Profits climbed for made-to-measure cabinet maker Strachan last year as the direct-to-consumer company maintained its upwards revenue trajectory.

Furniture Village is introducing a profit sharing scheme that will see all employees of the national retailer further enjoy the rewards of their efforts, says executive chairman Peter Harrison.

Barker and Stonehouse opened its purpose-built flagship store in Gateshead to the general public on Good Friday, the culmination of a £5 million investment by the privately-owned furniture retailer.

A North West mattress and comfort seating products supplier became a minority shareholder in direct-to-consumer beds and sleep products business Brook and Wilde [Brook + Wilde] last year in what both parties have described as a strategic partnership.

Upholstered furniture conglomerate Natuzzi has postponed the release of its fourth quarter and full year 2022 financial results because of further verification work required at its Chinese joint venture.

Designer furniture, lighting and homeware retailer Nest has opened its long-anticipated new Sheffield showroom in the city's Park Hill development.

The financial period leading up to the divestment of Millbrook Beds by the Croll family was a year of two halves, according to commentary in newly-filed accounts.

2024 INDX show dates; Why Rowico U.K. had to close; Recticel updates on the sale of Engineered Foam unit; and Dreams plan to raise cash for homelessness charity Shelter.

Raw material price inflation and shortages impacted gross margin at Long Eaton sofa manufacturer Acclaim Upholstery through 2021/22 with it unable to immediately pass on rising costs to its largest customer.

Dewsbury based ecommerce retailer Happy Beds maintained profitable momentum last year as it continued to ramp up inventory levels.

Keith Wilson, who was instrumental in the buildout of La-Z-Boy's U.K. expansion including the takeover of Colne sofa maker Furnico, is to retire.

Heritage carpet industry supplier Bonar Yarns has been placed into administration but restructuring advisors say they remain hopeful of finding a buyer for the business as a going concern.

The company behind the Burmatex carpets brand deleveraged through 2022, a year that saw it make top and bottom line gains.

South Wales home office and workplace furniture manufacturer Bisley has announced the death of its owner and chairman Anthony Brown at the age of 86.

The number of furniture, furnishings and floorcoverings companies filing for insolvency reached record high levels in the first quarter of 2023.

The owners of a Birmingham bedding company have completed a buyout of Serene Beds and Furniture in a deal that secures the future of the West Bromwich wholesaler.

The group behind the Freemans and Grattan brands has recapitalised its U.K. Internet and catalogue retail business with an eight-figure equity issue.

Flooring wholesaler Likewise Group has taken possession of its 47,000sqft high bay distribution centre in Glasgow ahead of it becoming fully operational later this spring.

Industry news in brief regarding Kave Home, Fabb Furniture, Glasswells, Davidson London and a charity hike in aid of The Furniture Makers' Company.

Duresta has opened a standalone Long Eaton showroom in a move that the prestige upholstery manufacturer hopes will provide an advantageous sales aid for its retail partners.

Restructuring advisors handling the insolvency of Kettle Interiors U.K. have enlisted agents to sell a substantial quantity of cabinet furniture that was not included as part of the asset sale agreement with newco Kettle Home.

Privately-owned bed retailer Mattressman has successfully completed the company voluntary arrangement (CVA) it agreed with creditors back in 2018.

Rising costs countered higher sales for upholstery and drapery fabrics supplier Warwick last year while cash declined after a large share buyback.

The Chinese upholstery manufacturer that a decade ago owned and ran a British furniture retail chain has posted weaker profits as a result of a reduction in output across its diversified activities.

The co-owned sofa-in-a-box brand Habbio and high-end upholstery business John Sankey have agreed new manufacturing licences after their hitherto production partner was placed into liquidation.

A large North West ecommerce furniture and homewares group that generates 60 percent of its £45.5 million turnover through Amazon says it expects to return to profit in the next three months after a long period of supply chain challenges.

One-off costs settling a Competition and Markets Authority (CMA) price probe hit profits at the group behind Oxfordshire supplier Där Lighting last year.

IKEA Ireland is cut its dependence on U.K. warehouses by opening its first dedicated Irish Customer Distribution Centre (CDC), drastically reducing delivery times.

Wider gross margin and rates relief helped the wholly-owned retail arm of Natuzzi, which represents just a small fraction of the Italian sofa maker's total U.K. business, to cut losses through the pandemic.

The group md of Hypnos says the high-end bed maker has managed to build further top line momentum through 2022/23 despite the loss of a high-profile hotel contract and the tough economic backdrop.

Restructuring advisors say they accepted the offer from newco Kettle Home for the assets of Kettle Interiors U.K. only yesterday (Mar. 29, 2023) after what it described as an open marketing process that attracted significant interest from here and abroad.

RH, the U.S. furniture retailer formerly known as Restoration Hardware, has revealed plans to open an interior design studio here in addition to the two vast galleries already in the pipeline.

The buildout of the Soho Home retail and wholesale brand in the U.K. saw it rack up a large seven-figure profits turnaround as activity ramped up through the pandemic period.

Retailer Bensons for Beds will on Thursday kickstart the next phase in its plan for the eveSleep brand, expanding and displaying its mattress programme across its c. 160-store national retail network for the first time.

Sanderson Design Group has agreed a licensing agreement with J Sainsbury that will see the supermarket group's Habitat brand develop a wide range of products in collaboration with the Morris & Co. and Scion brands.

Next has confirmed that Made.com will trade on its Total Platform network but says there are no such plans currently in place for the furniture retailer Swoon, it which it holds a significant stake, to become a client.

Designer furniture and homeware retailer The Conran Shop has taken owner funding to new highs after a fresh equity issue late winter.

A hiring surge saw the Harrison Spinks group add over 100 new jobs in a period when revenue growth at its beds division outpaced that of its co-controlled components and fillings business unit. Higher costs meant EBITDA dropped by more than a fifth.

The privately-owned franchise behind the modern furniture retail brand BoConcept across Scotland has outlined the value of its investment as it upsized its business through 2021/22.

Industry news from Tapi Carpets, BFM, Whitemeadow and The Branded Furniture Company; and Silentnight.

Newly-formed company Kettle Home is the new owner of assets including intellectual property and inventory after wholesaler Kettle Interiors U.K. was placed into administration last Friday.

General merchandise retailer Next has made a debt investment in furniture and homeware retailer Swoon Editions, expanding on a minority equity position built last year.

A multi-million pound turnover Birmingham based ecommerce beds retailer has been landed with a winding up petition from HM Revenue & Customs for unpaid tax.

Living, dining and bedroom furniture supplier Teemo has appointed former Made.com general manager Kevin Guillaume as chief operations officer Southeast Asia.

National bed retailer Bensons for Beds will expand its store footprint this weekend with the opening of a new store near its Cambridgeshire manufacturing base.

Furniture wholesaler Kettle Interiors U.K. has been placed into administration with all 126 of its employees made redundant, restructuring advisors have confirmed.

A court has handed West Midlands cabinet, mattress and bedframe importer and wholesaler Serene Beds and Furniture another ten days to reorganise its affairs.

20 U.K. exhibitors will show at Interzum next month as the manufacturers' event returns with sustainability high on its agenda after a four-year absence.

The managed wind down at South Yorkshire ready-to-assemble cabinet manufacturer Addspace Furniture has had knock-on effects for a co-controlled ecommerce retailer.

The temporary closure of one of House of Fraser's department stores has reduced the number of concessions in the portfolio of Sofa.com, its co-owned sister retail brand.

Brits felt more inclined to splash out on high value items such as furniture and flooring than in any time in almost a year in March according to a closely-followed consumer poll.

Furniture discovery and search website ufurnish.com has launched a collaboration with Airbnb, the service that lets property owners rent out their spaces to travellers looking for a place to stay.

Stakeholders in wholesaler Kettle Interiors U.K. are working to complete a restructuring process that will secure the future of the Corby based furniture supplier.

Upholstery and flooring retailer ScS is to evaluate how consumers respond to DFS cutting its interest free credit offer by 12 months earlier this month, but says its own focus will remain offering optimum value.

The value of furniture and lighting sales inched forward at well-below inflation rates in February according to data released Friday morning by the Office for National Statistics (ONS).

A seven-figure vendor of mattresses, divans, headboards and bed sets on the Amazon marketplace platform has a new shareholder following ownership adjustments.

The Northpoint Furniture Show will open its doors to retail buyers later this spring with representatives of more than 30 household names from the U.K. and international furniture and bed sector having signed up to exhibit.

Bensons for Beds chief operating officer Gavin Chappell is taking on additional responsibilities as part of plans by the national retailer to divide the role of chief customer officer into separate parts.

Sofa Club, the upholstered furniture retailer that sells online and through dedicated lounges in the walkways of U.K. shopping centres, has agreed a two-person home delivery contract with Panther Logistics.

The takeover of Scotts by WoolOvers Group will yield more than £3.5 million for creditors though that won't be nearly enough to satisfy the mail-order retailer's outstanding liabilities.

Consumer price inflation for household furniture eased for the sixth month in a row in February, reaching its lowest level in a year and a half.

Dreams has officially opened its new warehouse at Willenhall in the West Midlands, describing the 260,000sqft facility as its largest investment in physical assets to date.

The CEO of ScS says the the upholstery retailer, which is flush with cash and has no debt, would give serious consideration to vertical integration if the right opportunity was passed across his desk.

A South East floorcoverings supplier filed a second notice of intent to appoint an administrator on Tuesday as stakeholders closed in on an apparent restructure.

Retail giant IKEA opened a Plan & Order Point in Stockport, Greater Manchester on Monday, the second of three iterations of the new-format stores that are planned for North West England.

Relaunched modular sofa brand Snug has agreements in place with all three of its legacy upholstered furniture suppliers following its takeover by ScS earlier this year.



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