- Details
- UPHOLSTERY
Upholstered furniture vertical Natuzzi has found a successor to chief financial officer Vittorio Notarpietro after a near 12-month search for a replacement.
- Details
- LEGAL & RESTRUCTURING
The large U.K. affiliate of a South Asian distributor of bedding, quilts and other household textiles has been placed into administration after it succumbed to cashflow problems amid creditor pressure.
- Details
- ECOMMERCE
Profits declined for the online dining furniture retailer behind the Atlantic Shopping ecommerce brand last year as a slump in sales revenue combined with a big drop in gross margin.
- Details
- RETAIL & DISTRIBUTION
Privately-owned department store retailer Fenwick will close its New Bond Street store in central London in just over a year's time after agreeing to sell the building to property developers.
- Details
- UPHOLSTERY
Southern Italian upholstered furniture brand Egoitaliano has a second U.K. monobrand store after a partner launched a new flagship showroom in Surrey.
- Details
- COMMUNITY
Furniture and homewares retailer Loaf is partnering St Mungo's, a charity working to end homelessness and transform the lives of people facing and experiencing homelessness in the U.K.
- Details
- COMMUNITY
The Cornish Bed Company has been awarded the Manufacturing Guild Mark from The Furniture Makers’ Company, the City of London livery company and charity for the furnishing industry.
- Details
- SUPPLY & WHOLESALE
Vida Living, one of the largest suppliers of furniture to the U.K. market, found big sales growth last year but profits declined as rising input costs meant gross margin narrowed.
- Details
- DEALS & FINANCE
The family owners of Latexco, the Belgium based maker of finished and semi-finished bedding products and components, have agreed to sell the business to a compatriot industrialist.
- Details
- RETAIL & DISTRIBUTION
The managing director of national furniture retailer Barker and Stonehouse has praised staff for a range of initiatives that has led to it cutting its energy usage by over a third in the past quarter.
- Details
- RETAIL & DISTRIBUTION
Furniture and soft furnishings retailer Harry Corry recorded its highest profits in four years as a return to top line growth combined with interest income and a lower tax bill.
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- DEALS & FINANCE
An alternative finance provider to dozens of furniture industry enterprises could follow its parent company into administration according to a new court filing.
- Details
- ECOMMERCE
The California company behind the Nectar mattress brand funded further U.K. growth last year ahead of a buildout of its direct-to-consumer business model into wholesale.
- Details
- ECOMMERCE
There has been management and shareholder change at a North West England ecommerce mattress business widely hailed for its SEO credentials.
- Details
- RETAIL & DISTRIBUTION
Bensons for Beds is remodelling one and opening a further two new stores before Christmas including a unit on the mezzanine floor at one of Natuzzi Editions' southeast showrooms.
- Details
- TRADE & INDUSTRY
Trade association British Furniture Manufacturers (BFM) is launching a new campaign to highlight the value and variety of careers available within the industry, as well as showcasing the steps the sector is taking to support sustainable manufacturing.
- Details
- UPHOLSTERY
Upholstered furniture manufacturer Lebus appointed a finance director designate ahead of the retirement of longtime finance director Darrell Bettany last month.
- Details
- RETAIL & DISTRIBUTION
Loan note holders have agreed not to seek the repayment of tens of million of pounds of debt due from The Cotswold Company should doing so be prejudicial to the furniture retailer's ongoing prospects.
- Details
- RETAIL & DISTRIBUTION
Privately-owned furniture and home retailer Sterling booked its biggest bottom line since 1998 in the year to February 28, 2022 as it benefitted from investment in stores and post-lockdown tailwinds.
- Details
- RETAIL & DISTRIBUTION
The Garden Trading Company, the ecommerce and wholesale furniture, home and garden company, was not sold to general merchandise giant Next as part of the £41 million buyout of Joules Group assets and its headquarters last week.
- Details
- BEDS & MATTRESSES
The manufacturing and import company behind the Bedmaster brand booked lower profits last year despite a rise in sales.
- Details
- ECOMMERCE
A Staffordshire ecommerce business majoring in screen printed household textiles and other homewares has been placed into liquidation leaving creditors facing a seven-figure shortfall.
- Details
- RETAIL & DISTRIBUTION
Frasers Group, owner of House of Fraser and Sofa.com, has acquired upmarket homewares brand Amara in a deal brokered by restructuring advisors.
- Details
- RETAIL & DISTRIBUTION
Chris Muir, chief financial officer at ScS for the past six years, is to leave the sofa and carpets retailer, sparking a search for a successor.
- Details
- SUPPLY & WHOLESALE
The private equity backed group that owns custom fitted furniture maker Neville Johnson paid eight-figure dividends to shareholders in a period when it agreed extended borrowing and saw trading profits fall.
- Details
- UPHOLSTERY
Upholstery and curtain fabrics wholesaler Fryett's booked larger profits through 2021/22 as the easing of Covid restrictions aided demand for its products.
- Details
- UPHOLSTERY
Quick-ship sofa-in-a-box brand Snug has launched The Maverick, its first fully modular and customisable upholstery programme.
- Details
- DEALS & FINANCE
General merchandise retailer Next has partnered Tom Joule to acquire the majority of the assets of lifestyle brand Joules out of administration in two transactions worth a total of £41 million.
- Details
- FLOORCOVERINGS
Revenue continued to trend upwards for Likewise Group during mid–late autumn as growth accelerated for the floorcoverings supplier through October and November.
- Details
- COMMUNITY
The January Furniture Show returns at the NEC in Birmingham next month (Jan. 22–25, 2023) with an expanded international exhibitor roster and a series of new partnerships.
- Details
- BEDS & MATTRESSES
Direct-to-consumer and wholesale mattress company Emma Sleep is being investigated by the U.K.'s antitrust regulator over concerns some of its online sales practices may have breached consumer law.
- Details
- UPHOLSTERY
The South Wales sofa manufacturer that sold a majority stake to Halo Group's Andrew Martin International business last autumn rebuilt employee numbers to pre-pandemic levels in the past year.
- Details
- BEDS & MATTRESSES
Spring maker Wolf Components will assemble its pocket units utilising polymer-based glue from the start of 2023 in a move it says will deliver significant recyclability improvements.
- Details
- LEGAL & RESTRUCTURING
A South East courier company offering next-day parcel delivery including bulky items such as furniture flatpacks has filed a notice of intent (NOI) to appoint administrators.
- Details
- COMMUNITY
3CAD, a visual configure, price, quote (CPQ) software provider, has joined The Furniture Makers’ Company, the City of London livery company and charity to the furnishing industry, as a corporate member.
- Details
- DEALS & FINANCE
The East of England furniture holding company that acquired a chunk of a longtime Argos flatpack furniture supplier earlier this year has revealed the financial terms of the transaction for the first time.
- Details
- SUPPLY & WHOLESALE
The value of U.K. furniture exports has jumped by more than £200 million so far this year thanks to increased activity with major trading partners including the U.S., Ireland and France.
- Details
- CASE GOODS
Welcome Furniture took on additional debt as it invested millions of pounds building additional capacity through 2021/22, new figures show.
- Details
- SUPPLY & WHOLESALE
Profits fell sharply at Gwynedd cabinet maker Welcome Furniture in the past year as strategic partnerships with online retailers failed to fully mitigate a tough contract market.
- Details
- REGIONAL
Liverpool based home and garden retailer Taskers booked lower profits as administrative expenses climbed and Covid financial support measures fell away through 2021/22.
- Details
- DEALS & FINANCE
Victoria's takeover of parts of Belgium's Balta group was well publicised but the flooring conglomerate has since completed the buyout of another nearby business, it disclosed Tuesday morning.
- Details
- FLOORCOVERINGS
Flooring conglomerate Victoria posted a stronger top and bottom line in the six months to October 1, 2022 but saw cash levels decline as a result of debt pay-down, acquisitions, capex and an operating cash outflow.
- Details
- RETAIL & DISTRIBUTION
Experienced retail leader Neville Moore has been voted in as chair of Associated Independent Stores (AIS), the Midlands based buying and services group for privately-owned retailers.
- Details
- BEDS & MATTRESSES
Top line growth and the benefits of earlier restructuring helped the Sweet Dreams beds and upholstery group record its smallest deficit in three years through 2021/22, new accounts show.
- Details
- UPHOLSTERY
Italian sofa conglomerate Natuzzi has hired a 20-year furniture executive with an architecture and retail design background with a brief to drive improvement across its own-run and third-party showroom network.
- Details
- RETAIL & DISTRIBUTION
Shaun Cook has left his role as director of retail at DFS-owned upholstered furniture chain Sofology. An interim successor is already in place at the Warrington based retailer.
- Details
- FLOORCOVERINGS
Major flooring producer Ulster Carpets says it will sacrifice short-term profits as it builds capacity with heavy investment at its factories across the U.K.
- Details
- UPHOLSTERY
Upholstered furniture giant Natuzzi enjoyed a €9.2 million bottom line swing in the third quarter, but it cautioned of tougher times to come with shoppers worldwide rethinking their spending plans.
- Details
- RETAIL & DISTRIBUTION
The operator of Dreams beds stores in Northern Ireland has recruited the former head of Marks and Spencer's business in Ireland as its new commercial director.
- Details
- REGIONAL
A Yorkshire bedroom furniture retailer leaves creditors facing a seven-figure shortfall after it ceased trading earlier this autumn.
- Details
- RETAIL & DISTRIBUTION
IKEA store operator and property owner Ingka Group booked smaller profits as its financial investments were hit by upheaval in bond markets caused by rising interest rates.
- Details
- RETAIL & DISTRIBUTION
U.K. ecommerce furniture sales growth returned in the third quarter of 2022 after year-on-year declines in the first half of the year. Store-based retail sales continued to climb faster, with volumes down across both channels.
- Details
- UPHOLSTERY
Roger Lunde has stepped down as chief executive at Ekornes with current chief financial officer Fredrik Ødegård Nilsen named as his interim successor until a permanent appointment is made.
- Details
- UPHOLSTERY
What's done can't be undone, for direct-to-consumer Stratford-upon-Avon sofa manufacturer.
- Details
- RETAIL & DISTRIBUTION
Upholstery and flooring chain ScS says it is trading resiliently through a challenging period with order intake growth having returned through the autumn.
- Details
- EVENTS
International Market Centers (IMC), organiser of the biannual Las Vegas and High Point furniture markets, is to add nine new buying events to its 2023 calendar in a build out of its in-person activity.
- Details
- RETAIL & DISTRIBUTION
More detailed terms of the buyout of highly-profitable clicks-to-bricks furniture retailer Loaf have been disclosed for the first time following an investment by Blue Coast Capital last year.
- Details
- RETAIL & DISTRIBUTION
Ecommerce mattress and bed frame retailer Crazy Price Beds is under new ownership after surging import costs and other headwinds forced the disposal of the Midlands operation.
- Details
- FLOORCOVERINGS
The cost of living crisis is suppressing demand for floorcoverings among U.K. consumers according to wholesale giant Headlam, but it said gains elsewhere would aid profits.
- Details
- SUPPLY & WHOLESALE
United Furniture Industries, the company behind Lane, one of the most storied furniture brands in the U.S., has closed down without warning, putting thousands of jobs at risk.
- Details
- SUPPLY & WHOLESALE
Furnishing fabrics and wallpaper supplier Osborne & Little repaid almost £3 million of debt and doubled group profits through 2021/22 as it kept a lid on costs as custom returned.
- Details
- RETAIL & DISTRIBUTION
Restructuring advisors handling the fallout of the collapse of Made.com (Made) say five trade suitors made bids for the now-defunct furniture retailer during efforts to secure a solvent sale.
- Details
- FLOORCOVERINGS
North West flooring manufacturer Bronte Carpets has decided to wind down operations, calling time on 40 years in business amid challenging trading conditions.
- Details
- LEGAL & RESTRUCTURING
A privately-owned bedroom furniture manufacturer is to restructure its debts after it agreed a company voluntary arrangement (CVA) with its largest creditor.
- Details
- REGIONAL
Heritage North West independent furniture and furnishings retailer Arighi Bianchi appointed Susie Harding from Tetrad as finance director, it has just announced.
- Details
- RETAIL & DISTRIBUTION
Bed market leader Dreams is to raise pay for its workforce for the second time this year and introduce a raft of new initiatives designed to support employees.
- Details
- RETAIL & DISTRIBUTION
The book value of historic West Sussex furniture retailer Reynolds has climbed through the pandemic on strong profits and asset acquisition.
- Details
- RETAIL & DISTRIBUTION
Northern European furniture brand ILVA plans to build out its presence in Scandinavia over the next year as the one-time U.K. retailer expands beyond its Danish homeland.
- Details
- UPHOLSTERY
Direct-to-consumer upholstery brand Abakus Direct booked a second straight year of six-figure profits in 2021 as it continued to bounce back from a restructure four years ago.
- Details
- BEDS & MATTRESSES
Burgess Beds, the Rossendale bed manufacturer bought in an insolvent buyout at the start of the pandemic, received renewed financial backing from one of its owners in the past year.
- Details
- RETAIL & DISTRIBUTION
Eight furniture, bed and flooring industry enterprises have been named among the best companies to work for in Britain according to a closely-followed list spanning all U.K. industry.
- Details
- RETAIL & DISTRIBUTION
West Elm has closed a standalone store in the U.K. for the first time since the Brooklyn-based furniture retail brand arrived here from the U.S. back in 2015.
- Details
- LEGAL & RESTRUCTURING
Made.com ran up more than £1 million in professional fees payable to lawyers and restructuring advisors in the weeks leading up to it being placed into administration.
- Details
- FLOORCOVERINGS
Flooring wholesale group Headlam has recruited from outside the home sector for its new chief financial officer, bringing an eight-month recruitment process to a close.
- Details
- RETAIL & DISTRIBUTION
Europe's largest kitchen manufacturer will have expanded its U.K. store footprint by a fifth once the last of two further planned stores are launched in the coming weeks.
- Details
- RETAIL & DISTRIBUTION
Privately-owned furniture and home accents retail chain EZ Living Interiors has expanded its footprint in Ireland with the launch of a second Dublin store.
- Details
- UPHOLSTERY
Man Wah Holdings, the world's largest recliner company, booked higher profits in the six months to end September despite geopolitics impacting its manufacturing business in Europe.
- Details
- RETAIL & DISTRIBUTION
Restructuring advisors plan to carve out and find a new owner for Trouva, the online trading platform acquired by Made.com (Made) back in the summer.
- Details
- RETAIL & DISTRIBUTION
High price inflation in the furniture category helped the value of retail sales advance in October on a year-on-year basis but the quantity of goods delivered declined.
- Details
- RETAIL & DISTRIBUTION
The Government has decided not to introduce an online sales tax as part of wider business rates reform in a move that will disappoint some brick-and-mortar retailers and high street evangelists.
- Details
- SUPPLY & WHOLESALE
Greenapple Systems, which was at the vanguard of the supply of glass furniture into the U.K. retail market, has completed a solvent shutdown of the business following a decision to close made last year.
- Details
- RETAIL & DISTRIBUTION
Consumer confidence improved for the second straight month in November according to a closely-followed poll amid leadership change in Westminster.
- Details
- RETAIL & DISTRIBUTION
The value of Made.com stock held at U.K. and Belgian warehouses totalled £12.5 million at cost when restructuring advisors were appointed last week, but may realise only a fraction of that amount.
- Details
- RETAIL & DISTRIBUTION
Preferential and secured claims from U.K. tax authorities and lender Silicon Valley Bank are expected to be repaid in full following the collapse of Made.com, but other creditors face a significant shortfall on the amounts owed to them.
- Details
- RETAIL & DISTRIBUTION
Furniture and home retailer The Garden Trading Company together with its parent company Joules Group were both officially placed into the hands of restructuring advisors on Wednesday afternoon.
- Details
- ECOMMERCE
The West Yorkshire company behind the Bedkingdom.co.uk brand has emerged as one of the largest in the ecommerce beds segment after rapid growth through the pandemic.
- Details
- SUPPLY & WHOLESALE
ScanCom International, the Scandinavian outdoor furniture manufacturer with offices in countries including the U.K., found profit growth despite production challenges in the past year.
- Details
- RETAIL & DISTRIBUTION
Underlying profits almost doubled for independent furniture retailer Cookes in the year to end March as the privately-owned group made gains across both its retail and storage businesses.
- Details
- DEALS & FINANCE
U.K. sofa and bed makers will continue to be able to buy foam from three major sources after the regulator here agreed Carpenter could buy Recticel's engineered foam unit, but only if the bulk of the British business is sold.
- Details
- BEDS & MATTRESSES
Emerging manufacturing markets helped mattress imports into the U.K. continue to rise in September despite weaker figures from more established sources.
- Details
- RETAIL & DISTRIBUTION
Consumer price inflation for household furniture eased to its lowest reading in 10 months in October but remains at a historically elevated level.
- Details
- SUPPLY & WHOLESALE
Fewer containers of living, dining and bedroom cabinet furniture arrived in the U.K. at the end of the first quarter including a halving in the quantity of goods shipped from China.
- Details
- SUPPLY & WHOLESALE
Designer furniture maker Carl Hansen & Søn has begun a consultation with factory workers in its homeland ahead of planned redundancies as it adjusts to weaker consumer demand.
- Details
- BEDS & MATTRESSES
Dreams says the launch of what it described as the U.K.'s first ever king size gaming bed has hit the spot with it selling twice as many as forecast within the first three weeks of its introduction.
- Details
- UPHOLSTERY
Soaring inflation on overseas-made goods wasn't enough to prevent a first slide in the value of sofa imports in 20 months at the end of the third quarter. It followed weaker demand, with China bearing the brunt.
- Details
- RETAIL & DISTRIBUTION
Made.com (Made) administrator PwC has instructed John Pye Auctions to sell the entirety of the fallen furniture, lighting and homeware retailer's unsold U.K. stock.
- Details
- BEDS & MATTRESSES
Southampton bed manufacturer Millbrook has strengthened its senior leadership team with the appointment of Lee Pharoah as manufacturing manager.
- Details
- FLOORCOVERINGS
The value of carpet imports into the U.K. rose for the first time in four months in September as higher prices countered a continuing slide in volumes.
- Details
- SUPPLY & WHOLESALE
Two key supply chain partners to the U.K. furniture industry relied on new business wins for growth as they called out weaker trading conditions in big-ticket categories.
- Details
- UPHOLSTERY
The upholstery group that owns Ashley Manor, Alstons, AMX Design and Alexander & James slipped to a third quarter net loss on lower demand, higher costs and the weaker pound.
- Details
- RETAIL & DISTRIBUTION
Joules Group, the parent to furniture and home retailer The Garden Trading Company, has filed a notice of intent to appoint administrators (NOI) after attempts to procure rescue funding failed.
- Details
- UPHOLSTERY
The group behind the Stressless and IMG furniture brands booked lower revenue in the U.K. and Ireland in the third quarter as demand softened. Year-to-date numbers remain well ahead.
- Details
- SUPPLY & WHOLESALE
Profits almost trebled for North West supplier Hill's Panel Products through 2021/22 as the key supplier to the fitted furniture sector negotiated upstream challenges.
- Details
- REGIONAL
Second company for large Northern Ireland based retailer.
- Details
- RETAIL & DISTRIBUTION
Department store retailer John Lewis & Partners has recalled its Cloud Velvet dining chair product line on safety grounds.
- Details
- RETAIL & DISTRIBUTION
RH, the luxury U.S. furniture retailer readying its launch in the U.K. market next year, has already spent tens of millions of pounds here and committed to sums far higher, thanks to lease commitments.
- Details
- ECOMMERCE
Jason Bannister has increased his stake in an emerging rival to the Oak Furnitureland business he founded 16 years ago, and joined its board of directors.
- Details
- SUPPLY & WHOLESALE
U.K. furniture production volumes declined at the end of the third quarter as manufacturers grappled weaker order books amid rising costs.
- Details
- BEDS & MATTRESSES
Ecommerce giant Amazon lags only the beds market leader among shoppers searching for a new mattress according to new research commissioned by the National Bed Federation (NBF).
- Details
- TRADE & INDUSTRY
The chairman of the British Furniture Confederation (BFC) has highlighted the significance of the sector for the economy on two of the U.K.'s highest-profile radio broadcast programmes.
- Details
- UPHOLSTERY
The Halo Creative & Design group acquired a stake in a second British sofa maker last year as it bolstered its U.K. upholstery manufacturing credentials, new filings reveal.
- Details
- SUPPLY & WHOLESALE
Furniture conglomerate Actona Group says it has given the vast showroom at its Danish headquarters an extreme makeover as part of plans to make every visit by trade customers an experience.
- Details
- RETAIL & DISTRIBUTION
The co-founder of King's Road interior design practice and gallery Sigmar has opened a 3,200sqft showroom selling vintage Scandinavian furniture.
- Details
- RETAIL & DISTRIBUTION
Variety chain B&M European Value Retail (B&M) took a margin hit as the later arrival of warm weather hit demand for garden furniture and other outdoor items.
- Details
- RETAIL & DISTRIBUTION
General merchandise and food retailer Marks and Spencer Group (M&S) said it is well positioned to take advantage with market conditions expected to become more challenging over the next year.
- Details
- REGIONAL
Almost 70 percent of the employees of furniture retailer Made.com (Made) have left the company following the appointment of administrators on Tuesday, restructuring advisors have said.
- Details
- TRADE & INDUSTRY
Two companies from the home and garden furnishings sectors were named winners in the Scale-Up Awards, which recognise growing businesses across the country.
- Details
- RETAIL & DISTRIBUTION
General merchandise retail giant Next has won the race to acquire the Made.com (Made) brand after it outbid rivals to complete an asset-only purchase with restructuring advisors.
- Details
- UPHOLSTERY
Sofa market leader DFS has appointed John Fallon as its new chief financial officer (CFO), succeeding Mike Schmidt, who left last month to join value retailer B&M.
- Details
- REGIONAL
Independent South Coast department and garden centre retailer returns to profit as it recovered most of the business lost to Covid.
- Details
- SUPPLY & WHOLESALE
A survey of leading British furniture manufacturers has laid bare the impact of rising production costs on their businesses, with many now struggling to turn a profit.
- Details
- DEALS & FINANCE
Longtime md Simon Blackley has led a management buyout (MBO) of John Spencer (Textiles) and Ian Mankin, the two subsidiaries of weaving and fabrics group Ashfield Mill Company.
- Details
- RETAIL & DISTRIBUTION
Furniture retailer Loaf booked its first-ever eight-figure profits as the clicks-to-bricks business continued its inexorable ascent in the year to March 31, 2022.
- Details
- ECOMMERCE
The company behind ecommerce brand Furniture and Choice saw profits fall on lower revenue and thinner margins as it lapped the strong demand seen through the height of the pandemic.
- Details
- RETAIL & DISTRIBUTION
Solid wood beds and mattress maker and retailer Get Laid Beds built on profitable revenue growth through the pandemic as its top and bottom lines advanced again in the past year.
- Details
- REGIONAL
Profits were two-thirds higher at independent retailer Fairway Furniture through 2021/22 as it navigated supply chain challenges to deliver its order book.
- Details
- SUPPLY & WHOLESALE
Furniture wholesaler Kettle Interiors has paid tribute to its founder John Kettle, who died Saturday, November 5, aged 73.
- Details
- UPHOLSTERY
Sofa market leader DFS has added Laura Ashley to its roster of third-party brands with a collection of upholstered furniture.
- Details
- SUPPLY & WHOLESALE
Panaz Holdings has promoted Nadeem Memon to group chief financial officer with responsibility for the fabrics and furnishings group's expanding roster of business units.
- Details
- RETAIL & DISTRIBUTION
National bed retailer Bensons for Beds is moving into a new Stirling store this weekend, a few doors down from its former home on the Springkerse Retail Park.
- Details
- RETAIL & DISTRIBUTION
Ning Li will not be buying back Made.com (Made) after restructuring advisors rejected his offer to acquire the business he founded back in 2010.
- Details
- UPHOLSTERY
There were seven bidders in the frame for the historic Sofa Workshop brand ahead of its sale earlier this year, restructuring advisors have said in a new report.
- Details
- RETAIL & DISTRIBUTION
17-store retailer benefits after plugging gap left by insolvent concessions with own-bought and consignment inventory.
- Details
- SUPPLY & WHOLESALE
The owner of home and giftware importer Lesser & Pavey found big revenue growth in the past year but underlying profits were hit by skinnier margins.
- Details
- TRADE & INDUSTRY
The British Contract Furnishing Association (BCFA) has changed its name to Commercial Interiors UK with its full rebrand to be formally rolled out and complete by November 14.
- Details
- RETAIL & DISTRIBUTION
The Conran Shop, the modern furniture, home and lifestyle retailer, has received a new equity funding injection from its owner, its seventh so far this year.
- Details
- RETAIL & DISTRIBUTION
Fashion-to-furnishings retail giant Next is said to have bid to acquire the intellectual property of Made.com, the embattled furniture and lighting retailer.
- Details
- RETAIL & DISTRIBUTION
Bensons for Beds has relaunched Eve Sleep, flicking the switch on its dedicated website less than three weeks since it paid £600,000 to acquire the brand and other intellectual property.
- Details
- BEDS & MATTRESSES
Tempur Sealy International says it is not seeing any signs of trade down among higher-end shoppers as it claimed market share gains against competitors.
- Details
- RETAIL & DISTRIBUTION
Upholstery market leader DFS said customer demand outperformed its own expectations in the past six weeks as a positive order trend returned.
- Details
- RETAIL & DISTRIBUTION
Profits almost halved for IKEA brand owner and franchisor Inter IKEA through 2021/22 as the company was unable to pass on all input cost rises to its franchisees.
- Details
- EVENTS
The Furniture Makers’ Company, the City of London livery company and charity for the furnishing industry, will next month host Routes to Greater Sustainability, a free-to-attend climate change and sustainability event.
- Details
- ECOMMERCE
The boss of Wayfair says the ecommerce-led home platform is continuing to "control the controllables" as it plots a path to profit and cashflow neutrality.
- Details
- BEDS & MATTRESSES
Challenging market conditions and a strong dollar impacted the top and bottom lines at Tempur Sealy International, the world's largest bedding company, in the third quarter.
- Details
- RETAIL & DISTRIBUTION
About 60 standalone Argos stores that had been primed for closure by the general merchandise retail giant within the next 18 months will now remain open for longer than expected thanks to landlord concessions.
- Details
- BEDS & MATTRESSES
The head of bedding products at mattress springs and foam supplier Leggett & Platt (L&P) says the European market is facing more challenges than the U.S. having previously mirrored one another through the pandemic.
- Details
- COMMUNITY
Furniture industry colleagues last month helped raise £6,000 at The Furniture Makers' Company's National Golf Day, the trade charity's longest-running fundraising event.
- Details
- BEDS & MATTRESSES
Adjusted earnings climbed for Britain's biggest bed maker in the year to January 29, 2022 but one-off charges related to the settlement of historic pension issues meant its deficit widened at the bottom line.
- Details
- RETAIL & DISTRIBUTION
The disposal and closure of the last remaining Tudor Williams store earlier this year yielded a high six-figure sum for its former owner, and followed an earlier £3.5 million property deal.
- Details
- RETAIL & DISTRIBUTION
High post-lockdown demand helped small-space living specialist The Futon Company maintain positive momentum as it again recorded highest-ever sales and profits in the past year.
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