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- UPHOLSTERY
Upholstery manufacturer and retailer heads south for third consumer showroom.
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- COMMUNITY
Silentnight has delivered more than 900 mattresses and beds to children’s charity Zarach since the start of its partnership in August, the Barnoldswick manufacturer has announced.
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- RETAIL & DISTRIBUTION
Gordon Mearns is retiring and stepping down as managing director of Sterling Furniture after two decades in the role, ushering in a new phase at the 50-year old Scottish retailer. A CEO search is underway while third generation family members will shortly join the board.
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- BEDS & MATTRESSES
Tempur Sealy International and Sealy Australia have provided an additional £9 million of debt investment into their Sealy U.K. joint venture in the past four months to support its Cumbria-based manufacturing operations.
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- RETAIL & DISTRIBUTION
A Buckinghamshire upholstered furniture manufacturer and retailer that dates back to the 1950s has refashioned its corporate structure after a predecessor company was placed into liquidation last month.
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- RETAIL & DISTRIBUTION
Ingka Group, the largest IKEA retailer in the world, says women now make up about 50 percent of the top management teams across the 31 countries worldwide where it operates.
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- EVENTS
British Furniture Manufacturers (BFM) is expanding its events portfolio with the launch of Furniture Component Expo, an event it hopes will connect manufacturers with companies from across the upstream supply chain.
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- RETAIL & DISTRIBUTION
In-store furniture retail sales made huge gains last year as U.K. lockdown trends reversed to the detriment of the ecommerce channel.
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- BEDS & MATTRESSES
Restructuring advisors say all outstanding orders will be fulfilled following the buyout of the business of Dormeo U.K. last week in a deal that effectively saves hundreds of jobs.
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- SUPPLY & WHOLESALE
The shutdown of the U.K. arm of Sweden-headquartered furniture brand Rowico is entering its final stages as restructuring advisors clear the last of its remaining inventory.
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- FLOORCOVERINGS
A Walthamstow flooring company has folded leaving more than a dozen carpet, wood and vinyl suppliers owed five-and-six-figure sums.
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- COMMUNITY
The seventh annual Curry Night organised by the Yorkshire region of The Furniture Makers’ Company has raised over £2,500, with more than 100 guests attending the March 2, 2023 event.
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- BEDS & MATTRESSES
Major direct-to-consumer mattress business Dormeo U.K. has traded continuously through an insolvent restructure after a diversified international bed industry supplier came to its rescue.
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- RETAIL & DISTRIBUTION
Consumers with outstanding orders from the Cox & Cox predecessor company will have to try and reclaim cash from their card providers after restructuring advisors brokered a six-figure deal for the etailer's assets last week.
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- RETAIL & DISTRIBUTION
Privately-owned furniture retailer Lee Longlands returned a positive bottom line for the second straight year on the back of high demand through the latter part of the pandemic.
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- RETAIL & DISTRIBUTION
The company behind the Killymoon Living and CFC Interiors furniture brands made top and bottom line gains through 2021/22 but used some of the proceeds to pay off debt as it forewarned of a weaker year to follow.
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- BEDS & MATTRESSES
Mattress and bedding manufacturer Duvalay has expanded into the baby sector after buying cot mattress specialist Nursery Connections out of administration.
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- UPHOLSTERY
Argos has added sofas, armchairs and footstools from three further upholstery collections to a product recall first announced a month ago when it revealed SKUs from its Tammy programme didn't meet U.K. flammability regulations.
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- UPHOLSTERY
Revenue growth helped mitigate raw material, labour and shipping cost pressures as the upholstery group behind the Ashley Manor, Alstons and Alexander & James businesses bolstered profits last year.
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- RETAIL & DISTRIBUTION
The closure of a 17-store direct-to-consumer brand selling rise and recline chairs, adjustable beds and other mobility aids earlier this year leaves creditors facing a shortfall north of £12 million.
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- TRADE & INDUSTRY
The Furniture & Home Improvement Ombudsman, (FHIO) has appointed four new new members to its Standards Board including key officials from major retailer DFS, Tapi Carpets & Floors, and B&Q.
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- ECOMMERCE
Eight ecommerce furniture, home and mattress companies — three of which have dedicated U.K. online stores — have featured in the Financial Times 2023 FT 1000 list of Europe's fastest-growing companies.
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- DEALS & FINANCE
One of the U.K.'s largest online bed retailers has come to the aid of furniture, home and giftware ecommerce brand Cox & Cox after it was placed into the hands of restructuring advisors earlier this week.
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- RETAIL & DISTRIBUTION
Sales in Ireland inched forward for major furniture and electricals retailer Harvey Norman in the second half of 2022 on the back of a new store and a rise in average prices. Its smaller Northern Ireland operation found life trickier.
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- UPHOLSTERY
The sofa-in-a-box company that pioneered a paradigm shift in the way entry and mid-level upholstery was manufactured and shipped has launched into the outdoor category.
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- FLOORCOVERINGS
The Carpet Foundation, the manufacturer-funded body that promotes carpet generically in the U.K., is to undertake a new burst of consumer advertising after the success of a similar campaign last year.
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- SUPPLY & WHOLESALE
East Midlands furniture importer and distributor Birlea has introduced a new price list with reductions of an average 11 percent across its entire product roster.
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- RETAIL & DISTRIBUTION
Embattled ecommerce furniture, homeware, garden and gift retailer Cox & Cox is expected to survive after calling in restructuring advisors earlier this week.
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- UPHOLSTERY
The just-agreed licensing deal between Maker&Son and The Hastings Sofa Company won't imperil outstanding orders or the interests of the existing supply chain, the upholstery brand says.
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- RETAIL & DISTRIBUTION
Heritage furniture and homeware brand Habitat will be without any standalone U.K. store presence from the summer after owner J Sainsbury announced plans to close its last remaining branches here.
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- BEDS & MATTRESSES
Insolvency practitioners at the London and Manchester offices of Mazars are handling the insolvency of Dormeo U.K., the circa £40 million mattress company placed into administration last week.
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- RETAIL & DISTRIBUTION
Privately-owned furniture retailer Glasswells has remodelled its Ipswich home furnishings store to create what it called a brighter and more contemporary atmosphere.
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- UPHOLSTERY
The owners of The Hastings Sofa Company have agreed a deal with Inc. & Co for them to become the licensee of the Maker&Son brand in the U.K. and Ireland.
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- RETAIL & DISTRIBUTION
Efforts to rescue furniture and homeware retailer Cox & Cox reached a critical juncture on Monday afternoon after restructuring advisors were called in at the Somerset ecommerce company.
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- RETAIL & DISTRIBUTION
Pippa Wicks, the senior-most official at department store retailer John Lewis & Partners, is to leave the business after two and a half years as its executive director.
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- SUPPLY & WHOLESALE
Shipping pressures and dealing with the aftermath of the pandemic meant last year was the most challenging yet, according to bedroom furniture and upholstery distributor Furniture Wholesale Group (FWG).
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- UPHOLSTERY
Rising input costs countered an improvement in underlying demand at the U.K. upholstery factory acquired by U.S. furniture giant La-Z-Boy in the first financial period since its autumn 2021 buyout.
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- RETAIL & DISTRIBUTION
National kitchens retailer Wren is to diversify its product range with the launch of Wren Bedrooms, expanding its customer offer into fitted wardrobes, chests, dressers and standalone items.
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- UPHOLSTERY
Maker&Son suppliers with lorry loads of unpaid-for furniture waiting to be delivered to customers are braced for more change in the way the embattled upholstery brand operates.
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- RETAIL & DISTRIBUTION
Independent bed retailer Archers Sleepcentre found top and bottom line growth through 2021/22 in a period that saw its md complete a management buyout of the business.
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- DEALS & FINANCE
Ownership change at Yorkshire cabinet furniture and mattress retailer Room To Grow.
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- UPHOLSTERY
Consumers who bought sofas sold by Mark Harris Furniture that do not comply with U.K. flammability regulations are to be contacted directly by restructuring advisors after the company was placed into administration last week.
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- RETAIL & DISTRIBUTION
Marks and Spencer (M&S) and Fired Earth are to build on an existing homeware collaboration by adding further products including upholstered, occasional and living room furniture lines.
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- UPHOLSTERY
Darren Baird and Joseph Baggott have joined upholstered furniture manufacturer Ashwood Designs as operations director and finance director respectively.
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- RETAIL & DISTRIBUTION
Trading conditions in the U.K. and other international markets are currently far harder than in its domestic market, according to the leader of home goods ecommerce giant Wayfair.
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- RETAIL & DISTRIBUTION
EZ Living Interiors, one of Ireland's largest furniture and homeware retailers, has launched JOYA Sleep, a standalone and sustainable mattress brand with its own dedicated ecommerce channel.
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- RETAIL & DISTRIBUTION
The largest operator of IKEA stores worldwide has made a €9 million investment in a U.K. company specialising in credit risk, risk analytics and predictive modelling based on bank transaction data.
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- COMMUNITY
Bed market leader Dreams has agreed a three-year partnership with housing and homelessness charity Shelter to raise funds and awareness to address the housing emergency.
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- RETAIL & DISTRIBUTION
The near-term future of ecommerce furniture and homeware retailer Cox & Cox is uncertain after its operating company filed a notice of intent to appoint an administrator (NOI) earlier this week.
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- SUPPLY & WHOLESALE
The Vita Group says it has doubled staff headcount and increased production four-fold at the foam manufacturing plant it acquired from sofa maker Natuzzi in the two years since the takeover was announced.
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- RETAIL & DISTRIBUTION
Home shopping general merchandise retailer N Brown Group has appointed Dominic Appleton as chief financial officer designate to succeed current incumbent Rachel Izzard.
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- SUPPLY & WHOLESALE
Retail giant Next and Sanderson Design Group (SDG) have agreed a licensing tie-up for the latter's Clarke & Clarke brand that will see its product range diversify into new categories including furniture.
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- COMMUNITY
Kent bed maker Sleepeezee has taken the total amount it has donated to The Children's Hospital Charity into six figures with its latest annual contribution.
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- RETAIL & DISTRIBUTION
Oak Furniture Superstore has a new owner after a deal was concluded late Tuesday afternoon for the business and assets of the multi-million pound turnover online cabinet and upholstery retailer.
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- BEDS & MATTRESSES
A debt owed to mattress retailer Dormeo U.K. by a co-controlled entity increased by a seven-figure sum in the period leading up to that company calling in restructuring advisors last month.
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- FLOORCOVERINGS
Martin Peace, an until-now near constant presence at major carpet supplier Abingdon Flooring in the decades before and after it became part of the Victoria group, has retired.
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- UPHOLSTERY
U.S. upholstery conglomerate La-Z-Boy saw revenue inch forward in the three months to January 29, 2023 on the back of a stellar performance from its company-owned retail business in its domestic market.
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- RETAIL & DISTRIBUTION
Premium kitchen maker Poggenpohl has retimed the relaunch of one of its flagship U.K. showrooms for a second time.
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- RETAIL & DISTRIBUTION
Mattress Online maintained margin and seven-figure profits through 2021/22 as it adjusted to what its CEO called an "anticipated change to consumer spending behaviour as the U.K. retail market settles into a post-lockdown world."
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- BEDS & MATTRESSES
The Chinese conglomerate behind the Mlily mattress and bedding brand says it was profitable again in 2022 thanks to manufacturing efficiencies and an improved situation in Europe following the pandemic.
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- FLOORCOVERINGS
A three-year programme to consolidate factory space will save Axminster Carpets a seven-figure sum annually and rightsize the business for the future, its owners have said.
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- SUPPLY & WHOLESALE
A West Midlands interior design company that created interiors for show homes across new-build developments has folded leaving a large tax liability.
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- EVENTS
The two-phase China International Furniture Fair (CIFF) returns next month after an enforced in-person hiatus caused by Covid-19 and local restrictions that prevented buyers from travelling.
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- BEDS & MATTRESSES
Mattress supplier Dormeo U.K. is on the verge of completing a restructuring process after it filed a notice of intent to appoint an administrator (NOI) late last week.
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- RETAIL & DISTRIBUTION
Stakeholders in the Evans of High Wycombe furniture business say they are awaiting clarification of the brand's future after its until-now operating company was placed into liquidation last week.
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- UPHOLSTERY
Delivered sales growth returned in the U.K. and Irish markets for Stressless upholstery brand owner Ekornes in the fourth quarter in an otherwise testing period that led to the downsizing programme announced in January.
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- FLOORCOVERINGS
Victoria-owned Balta is proposing the transfer of wall-to-wall carpet production from Belgium to the U.K., citing challenges being able to make products profitably in its homeland.
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- RETAIL & DISTRIBUTION
Habitat, the Sainsbury's owned furniture and homeware brand, has agreed a multi-platform deal to sponsor Friday nights in on 4, broadcaster Channel 4 has announced.
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- RETAIL & DISTRIBUTION
ScS has revamped its corporate identity with a new logotype and strapline that launches concurrently with a television advertising campaign that steers the sofa and flooring retailer in a new direction.
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- BEDS & MATTRESSES
Lawyers acting for two emerging mattress brands will go head-to-head in a U.K. court hearing next month as they look to resolve a branding disagreement.
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- RETAIL & DISTRIBUTION
U.K. furniture retailers found year-on-year turnover growth in January as a result of the pickup in demand in the autumn and normalised lead times. But the total remained short of pre-pandemic levels.
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- ECOMMERCE
Building out the business of fast-growing furniture search website ufurnish.com resulted in its operating company recording a seven-figure loss last year, new accounts show.
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- SUPPLY & WHOLESALE
Exports of core furniture categories including upholstery, beds and cabinets reached all-time high levels in 2022, breaking a record that had stood for the past four years.
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- RETAIL & DISTRIBUTION
The owner of London upholstery company The Sofa & Chair Co says the net effect of the company voluntary arrangement (CVA) agreed last September will be a £6.3 million reduction in liabilities.
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- RETAIL & DISTRIBUTION
A property company under the control of the owner of an oak furniture retailer that only last month completed an insolvent restructure has filed a notice of intent to appoint an administrator (NOI).
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- FLOORCOVERINGS
Mohawk Industries, the world's largest floorcoverings supplier, said all of its European flooring categories experienced significant volume declines in the fourth quarter as customers cut back spending.
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- LEGAL & RESTRUCTURING
Customer deposits represented a third of the debts of a now-closed Northern Ireland based bedroom and kitchen furniture manufacturer and retailer that traded across the U.K. and Ireland.
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- BEDS & MATTRESSES
The value of foam and sprung mattress imports into the U.K. was close to flat in December after an increase in the value and volume of goods crossing the Irish Sea compensated for weakness elsewhere.
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- BEDS & MATTRESSES
A deal to sell Sleep.8, the international bed retail brand that has been rapidly expanding its store footprint in the U.K. and other markets, is almost complete.
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- CASE GOODS
Inbound volumes of living, dining and bedroom wood cabinet furniture declined for a ninth straight month in December, despite more robust demand in the period when orders for those goods were placed.
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- RETAIL & DISTRIBUTION
Household furniture price inflation continues to run in double-digit percentages but the rate eased to its lowest level in well over a year last month, according to new official data.
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- RETAIL & DISTRIBUTION
Homewares and furniture retailer Dunelm claimed market share in the second half of 2022 but saw profits fall as rising costs took their toll on the business.
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- TRADE & INDUSTRY
Trade association British Furniture Manufacturers (BFM) has launched Industry Matters, a new podcast that looks to offer insight and analysis across issues affecting its membership base.
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- EVENTS
Associated Independent Stores (A.I.S.) said last month's open-to-all INDX Furniture Show — the tenth anniversary edition of the show — was one of its best-ever attended events.
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- UPHOLSTERY
The value and volume of Chinese sofa shipments to the U.K. declined at the end of the year as buyers continued to turn to alternative manufacturing sources closer to home.
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- UPHOLSTERY
Profits climbed at Sherborne Upholstery last year as the West Yorkshire furniture manufacturer broke a sales record that had lasted since the before the financial crash of 2008.
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- REGIONAL
High demand and a new sales procedure helped one of the country's largest privately-owned furniture retailers to lift profits as revenue climbed to a seven-year high through 2021/22.
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- EVENTS
The organiser of a key trade show targeted at the furniture manufacturing and joinery industries has announced the scheduled return of the exhibition in the spring of next year, alongside the appointment of two senior hires to run it.
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- FLOORCOVERINGS
U.K. importers bought 12 million sqm of carpets and rugs into the country in December as volume growth returned after four straight year-on-year declines.
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- UPHOLSTERY
A furniture investment company controlled by Ayiaz Ahmed, the businessman who sold the Collins & Hayes (C&H) brand for £2 million in 2017, has defaulted on the terms of a settlement agreed with a specialist litigation funder.
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- UPHOLSTERY
Sofology has promoted Gisela Lancaster, who first joined the upholstery retailer from the home shopping retail sector nearly two years ago, to lead its buying team.
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- CASE GOODS
Revenue from flatpack furniture kits declined by more than £10 million through 2021/22 but higher sales from other activities helped West Yorkshire cabinet group Decorative Panel still find double-digit growth.
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- RETAIL & DISTRIBUTION
Vince Gunn, managing director of upholstered furniture brand Snug for the past two years, has been appointed chief executive at upmarket kitchen retailer Harvey Jones.
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- RETAIL & DISTRIBUTION
Fishpools has paid tribute to its chairman John Fishpool, the third generation of the family to run the highly-regarded independent furniture retailer, who has died aged 84.
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- RETAIL & DISTRIBUTION
The CEO of Tempur Sealy International says the bedding conglomerate will continue to look at acquisition opportunities, citing the takeover of Dreams as an example of when the stars eventually aligned after years of talks.
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- SUPPLY & WHOLESALE
U.K. furniture makers' turnover declined on an annual basis for the first time in almost two years in December as weak demand through the autumn impacted production at the end of the year.
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- BEDS & MATTRESSES
Mattress and bedding brand Tempur brand will take its products to a wider profile of customer as it undertakes the largest international rollout in the company's history through 2023.
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- BEDS & MATTRESSES
Kent bed maker Sleepeezee has diversified its product roster with the launch of a premium-pitched bedding line in partnership with Sleepsense International, the sleep accessories company.
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- BEDS & MATTRESSES
James Keen, the chief executive of Hypnos Beds, has been elected to the board of the British Furniture Manufacturers (BFM), the trade association representing the interests of furniture makers.
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- UPHOLSTERY
Michael Tyler Furniture has appointed Kai Winders as managing director in a move that returns the South Coast sofa maker to its historic management structure, with a designer leading the company.
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- RETAIL & DISTRIBUTION
Retail giant Next is looking to experienced furniture industry executives as it looks to lever the acquisition of the Made.com [Made] brand after its collapse last year.
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- UPHOLSTERY
Losses widened at upholstery brand Swyft as it continued to scale its business ahead of a later debt-for-equity swap that helped the company cut borrowing.
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- BEDS & MATTRESSES
Bed retailer MattressNextDay has begun selling Tempur branded goods for the first time as it embarks on a 2023 expansion programme, the South East ecommerce-led company has announced.
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- BEDS & MATTRESSES
Leggett & Platt, the largest supplier of mattress springs to the U.K. bed industry and a bellwether for the sector, says European markets are now more secure after a rocky period when volumes declined last year.
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- RETAIL & DISTRIBUTION
Designer furniture, lighting and lifestyle retailer The Conran Shop has closed one of its iconic London stores and separately raised further equity funding from its owner.
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- FURNISHINGS & ACCENTS
Restructuring advisors have detailed the terms of an asset-only deal for the £52.5 million turnover business that sold Sleepdown branded bedding in the U.K. on retail marketplaces such as Amazon.
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- RETAIL & DISTRIBUTION
An end to pandemic restrictions in Northern Ireland helped the retailer that operates Dreams and Sofatime branded stores there find big revenue growth last year, with adjusted profits also rising.
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- RETAIL & DISTRIBUTION
The majority of the shares in XDP, one of the go-to providers for U.K. retailers selling flatpack furniture kits and other small parcel deliveries, have passed to the next generation.
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- RETAIL & DISTRIBUTION
JYSK has fired up a new partnership with online logistics marketplace AnyVan designed to boost its customers' ability to get big-ticket items delivered to their homes in as little as 24 hours.
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- RETAIL & DISTRIBUTION
Frasers Group, owner of retailers House of Fraser and Sofa.com, paid £2 million in cash to rescue the business and assets of Amara Living after the embattled home and living brand had run out of alternative funding sources.
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- SUPPLY & WHOLESALE
Alan Sweeney has stepped down as Alfrank Designs CEO after almost 17 years to launch a new agency and sourcing business with one of Ireland's leading furniture buyers. He will continue to work with the dining and occasional furniture supplier on a part-time basis.
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- BEDS & MATTRESSES
An already-closed Edinburgh mattress retail company has been temporarily prevented from being struck off from the company register following an objection.
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- RETAIL & DISTRIBUTION
Prominent Irish retailer EZ Living Furniture is planning to build and open a state-of-the-art retail warehouse in arguably Northern Ireland's premier location for big-ticket home retailers.
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- EVENTS
The organiser of the January Furniture Show says nearly three quarters of exhibitors have already rebooked for the 2024 edition, and name-checked two large upholstery brands among those that will return after missing this year's event.
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- SUPPLY & WHOLESALE
Restructuring advisors handling the insolvency of the U.K. arm of bedroom and dining resource Rowico say they are clearing inventory following their appointment last month.
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- BEDS & MATTRESSES
Yorkshire mattress springs and bed components manufacturer Spinks has secured an internationally-renowned accreditation for its pocket spring products.
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- RETAIL & DISTRIBUTION
Inexpensive Danish furniture retailer JYSK will open five stores in two days this month including a buildout of its U.K. footprint.
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- RETAIL & DISTRIBUTION
The owner of the West Elm and Pottery Barn Kids retail and wholesale brands said it expects to register lower U.K. sales as a result of business model and strategy adjustments here.
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- UPHOLSTERY
Upholstery brand Sofa.com maintained high double-digit margin last year despite rising costs weighing against the impact of big sales growth.
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- SUPPLY & WHOLESALE
The U.K. future of international bedroom and dining furniture resource Rowico is unclear after its wholly-owned business unit here was placed into the hands of restructuring advisors late last month.
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- RETAIL & DISTRIBUTION
National furniture retailer Barker & Stonehouse has shared images of its soon-to-be-finished Gateshead store ahead of its scheduled opening this spring.
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- RETAIL & DISTRIBUTION
HSL has appointed Venessa Hodgson as managing director designate following the departure of CEO Guy Critchlow, who has left after over six years with the furniture vertical.
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- UPHOLSTERY
The upholstered furniture manufacturer behind brands including Sofas by Saxon and Timeless Chesterfields enjoyed the strongest financial year in its history through 2021/22.
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- RETAIL & DISTRIBUTION
The Very Group has launched hundreds of new home SKUs at entry-level prices as part of a wider expansion of its Everyday own brand collection originally introduced in the summer of last year.
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- RETAIL & DISTRIBUTION
A regional logistics company offering services including white-glove two-man furniture deliveries has been placed into the hands of restructuring advisors.
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- RETAIL & DISTRIBUTION
Building work is underway for a new purpose-built 1.17 million sqft distribution centre for The Range, the national home, garden and leisure retailer.
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- COMMUNITY
Dewsbury MP Mark Eastwood, who also chairs the All Party Parliamentary Furniture Industry Group, is to be the special guest speaker at the seventh annual Yorkshire Curry Night, organised by the Yorkshire Region of The Furniture Makers’ Company.
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- UPHOLSTERY
ScS, the U.K's second largest upholstered furniture retailer, said it has reversed negative order momentum to make gains since the start of winter, though cash reserves have declined through the period.
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- UPHOLSTERY
Fabrics supplier Blendworth International more than doubled its turnover through Covid after pivoting to making personal protective equipment (PPE) for the NHS. But the abrupt termination of a five-year contract started a spiral towards insolvency.
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- SUPPLY & WHOLESALE
Profits left in the company advanced again for Northern Ireland based dining furniture wholesaler World Furniture (NI) last year as the supplier continued to build value.
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- FLOORCOVERINGS
Flooring conglomerate Karndean has acquired Dutch Luxury vinyl tile (LVT) contemporary mFLOR International in a deal that bolsters its presence in mainland Europe.
- Details
- EVENTS
Organisers have launched the pre-registration process for this year's London Fabric Show, which takes place at the ILEC Conference Centre, Earls Court on February 28 and March 1.
- Details
- RETAIL & DISTRIBUTION
The number of mid-large sized furniture retailers operating in the U.K. dwindled last year as businesses either closed or reported lower turnover amid tougher trading conditions.
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- ECOMMERCE
Shareholders have given fresh backing to an online furniture search website that is fast becoming a key resource for shoppers who are in the product discovery phase.
- Details
- CASE GOODS
The closure of a 13-store kitchens vertical late last year has left its South Yorkshire owner with little prospect of recovering a seven-figure debt that was a hangover from its takeover nearly seven years ago.
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- SUPPLY & WHOLESALE
Decorative lighting supplier Searchlight Electric built stock levels and maintained healthy cash reserves on new borrowing last year against a difficult trading backdrop.
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- SUPPLY & WHOLESALE
Weaker-than-expected sales and higher costs impacted pro-rata trading profits at the trade and direct home shopping bedding, home textiles and soft furnishings supplier Rapport Home last year.
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- UPHOLSTERY
Sofa-in-a-box brand Swyft has eliminated millions of pounds of borrowing as part of a debt-for-equity swap and broader investment that will lead to TV exposure for the fast-growing upholstered furniture company.
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- UPHOLSTERY
Industry-wide supply chain issues resulted in operational challenges and a downturn in margin as profits tumbled for upholstered furniture supplier La-Z-Boy U.K. last year.
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- RETAIL & DISTRIBUTION
Kave Home, which launched into the U.K. market in 2021, has appointed a new generation to lead the company at the start of a year when the furniture and home décor brand hopes to add 60 new stores and galleries.
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- FLOORCOVERINGS
Staffordshire floorcoverings group Brookvale grew profits last year as revenue climbed by nearly a third across its regional distribution network.
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- UPHOLSTERY
Upholstery retailer Sofas & Stuff is expanding its collaboration with the Victoria and Albert Museum (V&A) with the launch of a second collection, called Drawn from Nature.
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- TRADE & INDUSTRY
Trade association British Furniture Manufacturers (BFM) named High Seat (HSL) and Jay-Be as winners of the inaugural Furniture of Furniture Awards at an evening reception at the January Furniture Show last week.
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- UPHOLSTERY
Direct-to-consumer and wholesale upholstery brand Sofacompany booked high profits despite margins taking a knock from the after-effects of Covid last year.
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- ECOMMERCE
Ecommerce furniture retailer Swoon Editions is free of secured debt after it discharged in full its obligations to an invoice finance provider that provided funding after a restructuring over three years ago.
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- RETAIL & DISTRIBUTION
The wholly-owned U.K. store network of high-end French furniture company Roche Bobois delivered faster revenue growth than any other of its major global markets last year.
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- SUPPLY & WHOLESALE
The principal U.K. arm of global office furniture manufacturing giant Herman Miller booked smaller profits here last year as higher staffing and material costs outweighed the impact of rising sales.
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- FLOORCOVERINGS
The three largest regional distributors of a Staffordshire based floorcoverings and flooring supplies wholesale group operating across England, Scotland and Wales all delivered big growth last year.
- Details
- RETAIL & DISTRIBUTION
National beds and mattress retailer Bensons for Beds said it achieved high single-digit underlying sales growth in the final quarter of last year with post Boxing Day sales maintaining pre-Christmas momentum.
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- RETAIL & DISTRIBUTION
A South Wales based direct-to-consumer brand selling riser recline chairs, adjustable beds and other mobility aids online and from a regional store network has called in restructuring advisors and ceased trading.
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