- Details
- UPHOLSTERY
Man Wah Holdings, the Far East upholstery conglomerate, has sought and received more time to prepare its potential takeover approach for leather sofa maker HTL International.
- Details
- EVENTS
Organisers of the January Furniture Show say the 2021 iteration will take place as scheduled after the Government green-lighted events from October and decommissioned the NHS Nightingale Hospital at the event venue.
- Details
- BEDS & MATTRESSES
The National Bed Federation (NBF), the trade association representing U.K. mattress manufacturers, has published a first guide to ecodesign principles.
- Details
- ECOMMERCE
A VC that backed Farfetch, Peloton and Deliveroo has led a £3 million funding round for an ecommerce home decorating startup that launched on the first day of lockdown.
- Details
- SUPPLY & WHOLESALE
FIRA International has awarded Humanscale, the designer and manufacturer of ergonomic products, an Ergonomics Excellence Award for its FR 500 Ergonomics Foot Rocker.
- Details
- RETAIL & DISTRIBUTION
PwC will ask creditors for the approval of over a million pounds of pre-administration costs which accumulated from itself and other advisors ahead of the prepack sale of Bensons for Beds to the investment firm that already owned it.
- Details
- FLOORCOVERINGS
A leading supplier to Britain's floorcoverings industry says it will temporarily reduce order-fill as unprecedented demand has outstripped its "ability to manufacture by several times over."
- Details
- UPHOLSTERY
Privately-owned upholstery retailer Sofas & Stuff is to relocate its Midlands presence with the opening of a new and larger store, replacing its Birmingham showroom.
- Details
- BEDS & MATTRESSES
Rapid online sales growth is holding even as stores re-emerge from lockdown according to the CEO of Tempur Sealy International, the world's biggest bedding company.
- Details
- FLOORCOVERINGS
Britain's third biggest floorcoverings retailer slipped to a loss in 2019–20 as it booked a number of Covid-19 related provisions.
- Details
- RETAIL & DISTRIBUTION
Interest from the U.K. furniture trade in the best-performing units operated by retail chain Harveys is high, according to sources close to the sale process.
- Details
- UPHOLSTERY
Britain's number two upholstery retailer ScS said order intake has almost doubled since the lockdown ended, reflecting pent-up demand.
- Details
- UPHOLSTERY
Higher revenue and wider gross margin helped boost earnings at Furnico, one of the largest upholstery producers in the U.K., last year.
- Details
- FLOORCOVERINGS
Underlying profits fell despite a near 10 percent rise in revenue at flooring conglomerate Victoria in the year to March 28. It booked a net loss after writing down goodwill by £50 million.
- Details
- RETAIL & DISTRIBUTION
Fashion-to-furniture retailer Next said it outperformed the best-case scenario it had modelled for the second quarter with home goods a key driver. Sales were still well down on the same period last year.
- Details
- RETAIL & DISTRIBUTION
The administrator of the group behind the Bensons for Beds and Harveys chains has detailed its outstanding liabilities at the time of the insolvent restructure late last month. Unsecured creditors of the retail unit are to get back no more than two pence in the pound.
- Details
- UPHOLSTERY
Incanto Group, once one of the largest European suppliers of leather upholstery to British furniture retailers, is relaunching in the U.K. market this autumn with its Digiò Leather Sofas by Sofitalia brand.
- Details
- BEDS & MATTRESSES
Restfull Nights, the North West bed manufacturer that specialises in the contract market, has appointed Graham Carberry as sales director.
- Details
- UPHOLSTERY
Himolla, the German upholstery manufacturer, has announced the death of Karl Sommermeyer, its former managing director. He died July 16, aged 71.
- Details
- SUPPLY & WHOLESALE
Profits were down by a third for one of the country's largest privately-owned bedding and home textiles manufacturers last year after a double-digit decline in sales.
- Details
- ECOMMERCE
Upholstery, cabinet and beds retailer Loaf has extended its warehouse contract with Wincanton. It will become the first beneficiary of the third-party logistics specialist's new dedicated ecommerce facility in the Midlands.
- Details
- RETAIL & DISTRIBUTION
Alteri Investors acquired Blue Group debt as part of the original buyout of what was Steinhoff's U.K. bedding and furniture operation. That meant it was the sole secured creditor ahead of the later prepack, with the sale consideration reducing the amount Alteri was owed.
- Details
- UPHOLSTERY
Losses increased on lower turnover for the combined Harveys and Bensons for Beds retail chains last year. But the Blue Group, as it became known, continued to make money from its manufacturing operations.
- Details
- UPHOLSTERY
Upholstery retailer Sofas & Stuff is to bolster its presence in the North West of England with a first showroom in Cheshire and its 14th at all.
- Details
- FLOORCOVERINGS
Headlam Group's new 190,000sqft Ipswich distribution centre, first announced almost six years ago, is now operational and ready to service customers.
- Details
- REGIONAL
A Lancashire and Yorkshire department store business with a large online operation said it has enjoyed a sales fillip thanks to more people being at home this year.
- Details
- RETAIL & DISTRIBUTION
Oak Furnitureland, bought by global investment manager Davidson Kempner Capital Management earlier this year, is to shed a quarter of its retail estate following a review. It has named all 27 stores earmarked for closure.
- Details
- UPHOLSTERY
Natuzzi's new chief commercial officer for Western Europe says the pandemic has not quelled its interest in the U.K. market with two stores opening in the autumn and more planned in the medium term alongside investment in wholesale.
- Details
- SUPPLY & WHOLESALE
Birlea Furniture recruited two of the best known figures in the U.K. furniture industry to lead the launch of the first new products from Willis & Gambier, the premium cabinet brand it acquired last year.
- Details
- UPHOLSTERY
HTL International has opened the doors to its permanent U.K. showroom in Staffordshire where the sofa maker is presenting its new 2020 collection.
- Details
- SUPPLY & WHOLESALE
A loan provision and the decision to write down slow moving and obsolete stock ahead of a major range overhaul hit profits at decorative lighting group Elstead last year.
- Details
- RETAIL & DISTRIBUTION
An early July fall in consumer sentiment towards buying high value items such as furniture broke a run of improvement stretching back to the early days of lockdown.
- Details
- BEDS & MATTRESSES
Peter Spinks is to take a non-executive role at fifth-generation bed maker Harrison Spinks with his son, Simon Spinks, to replace him as group chairman.
- Details
- UPHOLSTERY
A going concern sale of what was Steinhoff's South Wales upholstery factory will need to be tied up within weeks with staff close to completing all outstanding orders.
- Details
- RETAIL & DISTRIBUTION
The reopening of furniture stores across the U.K. helped the industry achieve its strongest year-on-year comparative since the beginning of the year in June, but sales still remained below 2019 levels.
- Details
- OPINION & ANALYSIS
Wednesday was a significant day for Eve Sleep, the direct-to-consumer mattress company that has, for a long time, attracted much mirth among its peers in the beds industry.
- Details
- TRADE & INDUSTRY
Many but not all skilled furniture production operatives will be able to apply for a visa to work in the U.K. once the country's new points-based immigration system kicks in, says the British Furniture Manufacturers (BFM).
- Details
- SUPPLY & WHOLESALE
Supplier to U.K. furniture industry will next month launch the first needle punch non-wovens from a new production line.
- Details
- RETAIL & DISTRIBUTION
Oldrid & Co, the company behind the Oldrids and Downtown home and department store business, will not reopen its Boston store, bringing 216 years of history to an end.
- Details
- BEDS & MATTRESSES
The CEO at online beds retailer MattressOnline says the launch of the company's debut television advertising campaign can help it capitalise on its fast growth during lockdown.
- Details
- REGIONAL
Developers keen to acquire the Manchester site housing the 50,000sqft Stocktons designer furniture store have a little over a week to make their bids. Interest is high, according to the agents charged with finding a buyer.
- Details
- BEDS & MATTRESSES
Just over £5 million worth of foam and sprung mattresses arrived at U.K. ports in May as the value of imports more than halved again.
- Details
- CASE GOODS
Wood furniture imports fell sharply as early-year factory shutdowns finally afflicted the living, dining and bedroom categories to the same extent already seen in other product segments.
- Details
- INTERNATIONAL
Delivered sales at both owned and franchisee-run stores surged for Roche Bobois in June as the prestige French furniture brand reopened its retail estate and began to clear its order backlog.
- Details
- UPHOLSTERY
China's furniture industry was first into the coronavirus crisis and looks to be the first out, with upholstery imports into the U.K. showing signs of recovery after deep declines earlier this year.
- Details
- BEDS & MATTRESSES
The first-ever public disclosure numbers from a Midlands-based Internet mattress retailer with its own manufacturing operation suggest it is one of the biggest players in the U.K. bed market.
- Details
- BEDS & MATTRESSES
Mattress and ancillary products brand Eve Sleep was cashflow positive in the first half of 2020 as its new strategy continued to deliver improvement and competitors fell by the wayside.
- Details
- FLOORCOVERINGS
Carpet imports into the U.K. declined 62 percent year-on-year in May, the weakest comparative so far this year.
- Details
- BEDS & MATTRESSES
Retailers operating 172 stores across the U.K. and Ireland have already signed up to the National Bed Federation's new Retail Champions scheme, within a fortnight of its launch.
- Details
- REGIONAL
Privately-owned retailer Fairway Furniture reversed a skinny four-figure deficit to return to profit in the year to January 31, 2020 as sales inched forward and the value of its investments climbed.
- Details
- REGIONAL
Independent furniture retailer Michael O'Connor will rebuild store numbers with the opening of a second North East showroom later this summer.
- Details
- UPHOLSTERY
Upholstery vertical Sofa.com has followed the closure of its Edinburgh store by paring back its physical presence in the English capital too. A second shop will remain permanently shut.
- Details
- FLOORCOVERINGS
Organisers of trade exhibition The Flooring Show in Harrogate say they will announce new dates soon after postponing the original early autumn dateline.
- Details
- FLOORCOVERINGS
Premium wood flooring and worktop manufacturer Junckers maintained sales here last year and was budgeting for U.K. growth in 2020 before the coronavirus hit.
- Details
- RETAIL & DISTRIBUTION
Kitchen conglomerate Nobia reported a hefty first half U.K. trading deficit as its Magnet retail chain and manufacturing businesses all closed during the lockdown.
- Details
- RETAIL & DISTRIBUTION
Home, clothing and food retailer Marks and Spencer Group (M&S) says it will create a new retail management structure as it aims to eliminate duplication. 950 jobs could go as a result.
- Details
- OPINION & ANALYSIS
Wind back the clock. It is June 2016, and Britain's future relations with the E.U. are uncertain as Brits head to the polls.
- Details
- BEDS & MATTRESSES
The head of Tempur Sealy International says the company is "fully committed to securing and strengthening the position of the Sealy brand and product range in the U.K." amid uncertainty about who will make the product here and where.
- Details
- BEDS & MATTRESSES
The Dutch owner of a key packaging supplier to Britain's mattress industry has a new CEO.
- Details
- RETAIL & DISTRIBUTION
Customers of John Lewis & Partners will be able to pick up click-and-collect orders from a further 400 locations nationwide as the department store chain looks to make it easier for shoppers to buy online.
- Details
- ECOMMERCE
National bed retailer Dreams has acquired the Feather & Black ecommerce operation including its brand name. Feather & Black's already-closed eight stores are not part of the deal and will not reopen.
- Details
- UPHOLSTERY
The proposed acquisition of a controlling stake in leather sofa maker HTL International by Man Wah Holdings, if it goes ahead, would transform the recliner giant's U.K. business.
- Details
- UPHOLSTERY
Sofology, the DFS-owned upholstery retailer, has parked plans to open five new stores as it looks to take advantage of opportunities that may emerge in commercial property.
- Details
- UPHOLSTERY
Italian sofa maker and retailer Natuzzi is presenting its new 2020 collection at a dedicated Cardiff at Home Congress for U.K. dealers and partners.
- Details
- UPHOLSTERY
The prepack buyout of a pioneering U.K. self-assembly sofa manufacturer and retailer leaves creditors facing a shortfall on their debts.
- Details
- EVENTS
The late summer edition of Las Vegas Market, one of the world's largest international furniture exhibitions, will take place as planned but as a showroom-only buying opportunity organisers have said.
- Details
- BEDS & MATTRESSES
National beds specialist Bensons for Beds has unveiled its new senior leadership team following the prepack buyout that saw it split from sister chain Harveys last month.
- Details
- SUPPLY & WHOLESALE
David Lane, the longtime face of mid-high end cabinet furniture company Willis & Gambier, has left his role at Birlea Furniture, the owner of the brand.
- Details
- UPHOLSTERY
The former chief financial officer at footwear retailer Shoe Zone has been appointed to the same post at TCM Living, the upholstery group behind the Ashley Manor, AMX Designs, Alstons and Alexander & James brands.
- Details
- SUPPLY & WHOLESALE
Year-on-year furniture prices at the factory gate turned negative in June as British manufacturers emerged from lockdown to record the lowest official reading in more than 14 years.
- Details
- RETAIL & DISTRIBUTION
Expanding kitchens vertical Wren enjoyed profitable growth last year as it expanded its offer into areas previously the preserve of small, independent kitchen boutiques.
- Details
- UPHOLSTERY
Growing direct-to-consumer upholstery brand Snug is to add a sofa bed option, which will also ship in a box like the company's existing product roster.
- Details
- RETAIL & DISTRIBUTION
The annual run-rate outlay of implementing social distancing measures across Dunelm stores and warehouses is costing the business millions of pounds.
- Details
- RETAIL & DISTRIBUTION
Matt Williams, the longtime boss of flooring retailer Topps Tiles, has become executive chairman at The Original Factory Shop, whose incumbent CEO and chairman are both to leave.
- Details
- RETAIL & DISTRIBUTION
The board of Associated Independent Stores (AIS) has expressed its "huge gratitude" for the work of Sheila Cooper, who last week stepped down as managing director after 40 years with the U.K.'s largest independent non-food buying group.
- Details
- UPHOLSTERY
A Long Eaton upholstery manufacturing group with 28 employees has filed for insolvency after it failed to replace orders lost last year.
- Details
- RETAIL & DISTRIBUTION
Online revenue more than doubled from April–June at Dunelm Group as the furniture and homewares retailer scaled its ecommerce business with the support of suppliers.
- Details
- BEDS & MATTRESSES
An outsized incidence of coronavirus cases has prompted a second mattress factory closure in West Yorkshire in the space of a month.
- Details
- SUPPLY & WHOLESALE
A wholly-owned U.K. business unit of prestige designer furniture brand Ligne Roset is solvent and retains group backing amid the uncertainty surrounding the virus, its French owner has said.
- Details
- REGIONAL
The group behind the privately-owned Morleys department store network in London and South East England bolstered its balance sheet last year, leaving it well positioned ahead of the pandemic.
- Details
- DATA & RESEARCH
The combination of pressure distribution and spinal alignment can be used as strong indicators of long term mattress comfort, according to a new piece of work from The Furniture Industry Research Association.
- Details
- TRADE & INDUSTRY
British Furniture Manufacturers (BFM) says it can support producers' efforts to return to work safely with advice on creating Covid-19 secure working environments.
- Details
- UPHOLSTERY
The reopening of furniture stores has unfurled latent demand among consumers with DFS orders spiking by more than half since the beginning of June.
- Details
- UPHOLSTERY
Upholstery market leader DFS has spelled out the forecast impact of the Covid-19 crisis on its 2019–20 results, and says it will incur further costs as a result of restructuring.
- Details
- FLOORCOVERINGS
Mohawk, the international floorcoverings conglomerate and the biggest company in the sector worldwide, says it will "vigorously defend itself" against allegations made in a class-action lawsuit.
- Details
- SUPPLY & WHOLESALE
Furniture and lighting design company Established & Sons has appointed Steve McGuire, md at Tom Dixon since 2018, to lead the company through the post-Covid landscape.
- Details
- COMMUNITY
Industry charity and City of London livery company The Furniture Makers' Company is to hold a month-long auction fundraiser to raise money to support people in the trade who have been hit hardest by the Covid-19 crisis.
- Details
- UPHOLSTERY
Man Wah Holdings could ride to the rescue of leather sofa giant HTL International, one of the largest suppliers of upholstery to the U.K. market, after it struck a framework agreement to acquire a controlling stake.
- Details
- FLOORCOVERINGS
Balta Group, responsible for nearly a fifth of all carpets imported into the U.K., said second quarter sales fell more than a third with residential products hardest hit.
- Details
- BEDS & MATTRESSES
The Chinese conglomerate behind the Mlily mattress brand is to step up production at its U.S. manufacturing facility and will go on a hiring spree to meet its target.
- Details
- FLOORCOVERINGS
Sales and profits climbed at one of the U.K.'s largest privately-owned flooring wholesale businesses last year as it expanded into new geographies.
- Details
- BEDS & MATTRESSES
The break-up of what was Steinhoff's U.K. furniture and bedding business has led to job losses at the site that had been the headquarters of its manufacturing operations.
- Details
- RETAIL & DISTRIBUTION
The pandemic has accelerated the shift from bricks to clicks but the eight stores earmarked for permanent closure by John Lewis were already "financially challenged," the company said.
- Details
- RETAIL & DISTRIBUTION
Steinhoff has disclosed the cash value of the transaction that saw it divest its British based furniture and bedding retail and manufacturing operations and says it will record a loss on the sale.
- Details
- RETAIL & DISTRIBUTION
Value furniture chain JYSK will resume its store opening programme in Ireland amid a reorganisation that sees its country head there assume additional responsibility for its U.K. business.
- Details
- INTERNATIONAL
Mobilux, parent company to French furniture chain BUT, has agreed to acquire furniture and electricals retailer Conforama France from Steinhoff International Holdings.
- Details
- FLOORCOVERINGS
Sales and underlying profits fell for Yorkshire rug distributor Melrose Interiors last year but a gain on the sale of property meant net income still climbed.
- Details
- RETAIL & DISTRIBUTION
Department store retailer John Lewis & Partners says one-sixth of its retail portfolio will remain permanently closed, putting the jobs of 1,300 people at risk.
- Details
- UPHOLSTERY
British upholstery production dropped to its weakest level since 2014 last year as volumes fell almost double-digit on the back of weaker demand.
- Details
- SUPPLY & WHOLESALE
Another chunk of Italy's storied furniture industry is American-owned after one of the world's biggest manufacturers added a €90 million maker of furniture under prestige lifestyle labels to its roster of subsidiaries.
- Details
- BEDS & MATTRESSES
A double-digit gain in average unit prices lifted the value of U.K. sprung mattress production last year, countering a fall in the quantity of goods sold.
- Details
- OPINION & ANALYSIS
There cannot be many furniture or flooring companies in Britain that have not availed of the Coronavirus Job Retention Scheme (CJRS) in some form or other.
- Details
- SUPPLY & WHOLESALE
The company behind the multinational Light & Living brand paid £800,000 to acquire the business and assets of Gloucestershire home accents wholesaler Parlane International, administrator Mazars has revealed.
- Details
- TRADE & INDUSTRY
The Furniture Industry Research Association has created a toolkit designed to support its members in meeting the requirements of CE Marking Directives, including their often complex technical file aspects.
- Details
- FLOORCOVERINGS
Designer Contracts, a major floorcoverings and furnishings supplier to the new-build sector, has bolstered its workforce with 25 new recruits across its national network.
- Details
- SUPPLY & WHOLESALE
Revenue climbed at Coach House last year with the furniture and home accents wholesaler's profits up sharply as it finalised an earlier-reported settlement with the tax authorities.
- Details
- RETAIL & DISTRIBUTION
The commercial director of national furniture retailer Furniture Village says the business had been "blown away" by the success of its new customer appointment system.
- Details
- RETAIL & DISTRIBUTION
Crate and Barrel, the U.S. furniture retailer which also ships to U.K. consumers, has named the successor to Neela Montgomery following her decision to step down as CEO.
- Details
- BEDS & MATTRESSES
Direct-to-consumer mattress brand Emma is looking to put the squeeze on competitors after it cut the price of its best-selling model. It follows bumper sales growth in the first half of 2020 that saw U.K. revenue hit €44.3 million.
- Details
- FLOORCOVERINGS
After confirming a plan to move its yarn-spinning operations to mainland Europe, Kidderminster based carpet maker Brintons is now proposing to further consolidate its British manufacturing operations.
- Details
- UPHOLSTERY
Wayne Hollis, md at rise and recline upholstery producer Celebrity Motion Furniture, says the long-term aim is to lead a management buyout (MBO) and has reaffirmed the company's intent to refocus as a single-brand business.
- Details
- SUPPLY & WHOLESALE
One of the U.K.'s largest wholesalers of domestic cabinet furniture returned to the black last year after a rise in output and cost controls.
- Details
- UPHOLSTERY
Upholstery market leader DFS plans to move into a vacant unit adjacent to its existing Preston store in a move that will reduce its footprint in the city.
- Details
- SUPPLY & WHOLESALE
Designer furniture business Carl Hansen & Søn booked a big increase in profits as it built out revenue to record levels last year. The Danish company said it still hoped for a positive result this year, despite the pandemic.
- Details
- EVENTS
The next edition of international workplace furniture exhibition Orgatec is now more than two years away after organisers pulled this year' event.
- Details
- RETAIL & DISTRIBUTION
Family-owned furniture retailer Cousins has purchased the flagship Shropshire store of Alan Ward and says it will additionally reopen at least one of its three other units across neighbouring counties.
- Details
- BEDS & MATTRESSES
National retailer Bensons for Beds is expected to become the sole retail stockist of the historic Slumberland mattress brand following the prepack buyout by Alteri Investors last month.
- Details
- BEDS & MATTRESSES
The Sleep Council and The Sleep Charity are to merge with the National Bed Federation (NBF) becoming a founding supporter of the enlarged organisation.
- Details
- RETAIL & DISTRIBUTION
Consumer confidence continued to recover in the second half of June according to polling company GfK, though sentiment remains heavily negative.
- Details
- UPHOLSTERY
Rise and recline chair maker Celebrity Motion Furniture has, as was widely expected, secured the backing of creditors for its company voluntary arrangement (CVA).
- Details
- BEDS & MATTRESSES
Dewsbury mattress maker Dura Beds has temporarily closed its factory for a fortnight after a number of its employees contracted Covid-19.
- Details
- ECOMMERCE
Studio Retail, owner of the Studio and Ace mailorder and Internet department store brands, has named Paul Kendrick as successor to CEO Phil Maudsley, who leaves next year.
- Details
- RETAIL & DISTRIBUTION
The balance sheet value of Oak Furnitureland suffered a negative swing in the tens of millions of pounds since the company last put numbers in the public domain, a new report shows.
- Details
- RETAIL & DISTRIBUTION
The administrator that handled the prepack sale of Oak Furnitureland has written to unsecured creditors outlining the value of the deal and advising they will be unlikely to receive a significant return.
- Details
- RETAIL & DISTRIBUTION
The prepack sale of Oak Furnitureland gives management at the retailer time to renegotiate with landlords, many of which will be doing so for the second time inside a year.
- Details
- BEDS & MATTRESSES
Qualifying manufacturing businesses under three years old will be able to join the National Bed Federation (NBF) after it launched a new class of membership.
- Details
- BEDS & MATTRESSES
Retailers are being urged to become champions of British-made beds by the National Beds Federation (NBF), which has launched a new scheme to promote their benefits.
- Details
- EVENTS
Organisers of the home and gift show Autumn Fair have cancelled the 2020 edition because of the pandemic and will deliver virtual content instead.
- Details
- UPHOLSTERY
The prospect of Natuzzi's shares being delisted from the New York Stock Exchange (NYSE) has diminished after the Italian sofa maker regained compliance with listing rules.
- Details
- RETAIL & DISTRIBUTION
The value of the original deal that took Bensons for Beds and Harveys along with group sofa and bed factories into the hands of Alteri Investors and away from Steinhoff International Holdings can now be revealed for the first time.
- Details
- UPHOLSTERY
A Staffordshire cushion manufacturer with 50 employees and partnerships with prestige fabrics brands has folded as a result of the coronavirus pandemic.
- Details
- RETAIL & DISTRIBUTION
Retailers' rent payments remain scarce following the latest Quarter Day dateline for some of Britain's major retail landlords, who have named their price for rent renegotiations.
- Details
- RETAIL & DISTRIBUTION
Two of Britain's highest profile department store businesses put employees on alert yesterday, warning of job cuts ahead and probable store closures.
- Details
- SUPPLY & WHOLESALE
A high-end East Midlands fitted furniture manufacturer says its balance sheet remains robust despite a six-week factory shutdown and it reporting a loss last year.
- Details
- RETAIL & DISTRIBUTION
Furniture chain Harveys was placed into administration through PwC yesterday but alarm bells were already ringing for the retailer's suppliers last week.
- Details
- RETAIL & DISTRIBUTION
General merchandise retailer Argos, one of the U.K.'s biggest vendors of entry-level furniture and mattresses, enjoyed double-digit growth during the lockdown despite the closure of the bulk of its retail estate and no two-man deliveries.
- Details
- BEDS & MATTRESSES
The Alteri Investors led prepack buyout that rescues Bensons for Beds does not includes its manufacturing operations in South Wales and the West of England, including its Relyon plant.
- Details
- REGIONAL
Privately-owned South East retailer Sussex Beds opened its long-planned tenth store last weekend after its launch had been delayed because of the pandemic.
- Details
- SUPPLY & WHOLESALE
Product sales have fallen by more than a third since February 1, high-end interior furnishings group Walker Greenbank said yesterday.
- Details
- SUPPLY & WHOLESALE
John Lewis of Hungerford, the manufacturer and retailer of prestige fitted furniture sold via its own showroom network, has refinanced its debts.
- Details
- RETAIL & DISTRIBUTION
Bensons for Beds and Harveys are no longer sister retail chains after owner Alteri Investors completed a buyout of the former that leaves the latter facing an uncertain future.
- Details
- RETAIL & DISTRIBUTION
240 jobs across Swedish kitchens conglomerate Nobia's U.K. retail and supply network are under threat as part of a wider group reorganisation. Peter Kane, the longtime head of retail chain Magnet, is also stepping down.
- Details
- SUPPLY & WHOLESALE
French cabinet maker's London based subsidiary secures company voluntary arrangement (CVA) after only non-connected creditor declines to vote, objecting to amount ascribed to outstanding debt.
- Details
- INTERNATIONAL
The sale of the €100 million turnover Habitat furniture retail chain outside Britain and Ireland has moved a step closer after its French rights holder entered exclusive negotiations with a prospective buyer.
- Details
- RETAIL & DISTRIBUTION
The reopening of furniture stores in Ireland put the nation's retailers back on the road to recovery in May with data for June likely to show a sharp rise on an annual basis.
- Details
- RETAIL & DISTRIBUTION
Oliver Bonas, the national furniture, gift and lifestyle retailer, has boosted liquidity after agreeing new borrowing via the state-backed Coronavirus Business Interruption Loan Scheme (CBILS).
- Details
- SUPPLY & WHOLESALE
Neptune, the upholstery, furniture and home furnishings vertical, will pay £17,350 to the Wiltshire Wildlife Trust after its failure to register as a packaging producer prompted enforcement action from the Environment Agency.
- Details
- EVENTS
Interior design show Decorex says its November event will transition to an all-virtual format instead of being held in person at Olympia this year.
- Details
- RETAIL & DISTRIBUTION
Privately-owned Furniture Village has been named retail Family Business of the Year in a nationally-recognised annual awards programme.
- Details
- UPHOLSTERY
First quarter revenue declined more than a fifth for Italian sofa giant Natuzzi with almost all its markets worldwide impacted by the Covid-19 pandemic.
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