- Details
- UPHOLSTERY
Revenue declined in low single digit percentages for the British arm of La-Z-Boy last year with the upholstery giant saying it is well placed after performing well in a challenging market.
- Details
- BEDS & MATTRESSES
Casper Sleep has priced its shares at $12–$13 ahead of its initial public offering on the New York Stock Exchange later today (Feb. 6), valuing the business up to a third less than just a week ago.
- Details
- FLOORCOVERINGS
Likewise, the acquisitive floorcoverings distributor, has added Manchester based supplier A&A Carpets to its growing roster of companies.
- Details
- RETAIL & DISTRIBUTION
This is the first week in several years we haven't reported John Lewis & Partners' weekly sales figures after the department store chain decided it would cease externally publishing them.
- Details
- CASE GOODS
The number of Kutchenhaus retail showrooms will grow by more than a quarter this year with eleven new stores planned by the franchise chain.
- Details
- RETAIL & DISTRIBUTION
Maisons du Monde's global business continued to fly in 2019 as it expanded its store footprint and shrugged off the impact of industrial action in its domestic market.
- Details
- OPINION & ANALYSIS
The planned closure of IKEA Coventry this summer will, in theory, put a vast sum of money back into the furniture and homewares market for all to fight for.
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- RETAIL & DISTRIBUTION
Retail giant IKEA will this summer permanently shut its Coventry store, the first time the U.K.'s largest home retailer has pulled the plug on one of its mammoth superstores. 352 jobs are at risk.
- Details
- RETAIL & DISTRIBUTION
Higher trade sales boosted U.K. revenue for Swedish kitchens conglomerate Nobia in the three months to end December but retail sales at Magnet declined.
- Details
- RETAIL & DISTRIBUTION
Cabinet furniture retailer The Cotswold Company has agreed a rolling 12-month contract with AO Logistics, boosting its two-man delivery capability.
- Details
- REGIONAL
West Midlands and North West independent furniture retailer Cousins is to permanently close its Greater Manchester store, and will kickstart a closing down sale tomorrow morning.
- Details
- ECOMMERCE
The website, database, brand and other intellectual property of Internet furniture and lifestyle retailer Houseology are being marketed for sale following the business being placed into administration last month.
- Details
- SUPPLY & WHOLESALE
Sales, profits grow for Polish furniture maker but new formaldehyde standard prompts stock writedown
Profits would have been higher still but for a change in the regulatory environment in Germany.
- Details
- ECOMMERCE
Former Steinhoff U.K. CEO left board of cabinet furniture retailer The Cotswold Company late last year.
- Details
- INTERNATIONAL
Rolf Benz, the premium German furniture maker bought by Kuka owner Jason Furniture in 2018, has opened its first Japanese flagship showroom, adding to recent launches in China.
- Details
- SUPPLY & WHOLESALE
Furniture wholesaler Content by Terence Conran has written to creditors proposing a company voluntary arrangement (CVA) according to The Sunday Times.
- Details
- FLOORCOVERINGS
Danspin has agreed to sell carpet yarn spinner Lawton Yarns to a London based private equity firm in a deal that would end the competition watchdog's antitrust investigation into its earlier takeover.
- Details
- BEDS & MATTRESSES
Mattress manufacturers across North America will be able to buy Harrison Spinks' new 100% recyclable glue‐free pocket spring system after the Leeds company extended its agreement with its joint venture partner HSM.
- Details
- EVENTS
Organisers of the 45th China International Furniture Fair (CIFF) at Guangzhou have become the latest to postpone their March event as a result of the coronavirus outbreak.
- Details
- DATA & RESEARCH
Consumer confidence climbed for the second straight month in January with rises across all the measures bar one: the Major Purchases Index, which tracks shopper sentiment towards buying furniture and other high-value items.
- Details
- BEDS & MATTRESSES
Silentnight, the U.K.'s biggest bed manufacturer, will this spring add a fifth brand showroom while it has engaged a former Sealy executive to explore options for taking its flagship brand to the U.S.
- Details
- RETAIL & DISTRIBUTION
New CEO replaces Kwan Cheong Ng, who will retire from executive director duties at Laura Ashley this spring.
- Details
- SUPPLY & WHOLESALE
A decline in sales across the U.K. and mainland Europe hit profits at luxury furnishings group Designers Guild in 2018–19.
- Details
- SUPPLY & WHOLESALE
Designer furniture manufacturer Fritz Hansen has opened its first U.K. standalone showroom with a two-floor space in London's trendy Clerkenwell district.
- Details
- ECOMMERCE
N Brown Group, the ecommerce retailer majoring in fashion but also selling a comprehensive furniture programme, has appointed Sarah Welsh to the new role of retail CEO.
- Details
- RETAIL & DISTRIBUTION
The estate of the fallen upholstery chain Multiyork has become the latest industry concern to recoup funds from the foam sector after its insolvency practitioner agreed a settlement with an unspecified supplier.
- Details
- OPINION & ANALYSIS
Trade is challenging and a number of hitherto heavily-lauded ecommerce furniture retail businesses have hit tough times in recent months. Figures from retailers like Ponsford serve to remind why the balance of power remains with established independents.
- Details
- EVENTS
The Shenzhen International Furniture Fair, due to take place this spring, has been postponed following the spread of Coronavirus across China, organisers have announced.
- Details
- BEDS & MATTRESSES
The sale of Sherwood Bedding to Tempur Sealy International closes another chapter in the history of Steinhoff International Holdings, and its ties with the global furniture trade.
- Details
- COMMUNITY
The Furniture Makers’ Company, the industry's dedicated charity, has surpassed its target of 100 companies signing up to its One Step at a Time campaign three months early.
- Details
- UPHOLSTERY
Like-for-like order-intake slipped in mid single digits for sofa and carpets chain ScS in the past six months as improved trading in recent weeks countered an earlier slide.
- Details
- UPHOLSTERY
David Knight, ScS chief executive and a 32-year veteran of the U.K.'s second largest upholstery chain, is to retire from full time executive duties and leave the group. He will remain until a successor is found.
- Details
- ECOMMERCE
Former company officials last month completed a prepack deal for the assets of the circa £4 million turnover furniture retailer HOS Home, which ceased trading last October.
- Details
- RETAIL & DISTRIBUTION
John Lewis & Partners is breaking with years of tradition by ending the public disclosure of its weekly sales figures. The department store went out with a whimper, revealing an eighth straight decline in home merchandise.
- Details
- RETAIL & DISTRIBUTION
Flatpack pioneer IKEA will take the number of U.K. locations where its furniture home assembly service is available to 27 with the addition of another six in the days ahead.
- Details
- RETAIL & DISTRIBUTION
A third straight decline in the value of furniture invoices processed through the central paying agent of Associated Independent Stores (AIS), whose members include many of the country's top privately-owned retailers, underscore the challenge facing elite traders in the furniture category.
- Details
- BEDS & MATTRESSES
Mattress retailer and wholesaler Casper Sleep said it expects to raise up to $182.4 million (£140m) from its initial public offering. It follows the filing of its IPO prospectus earlier this month.
- Details
- INTERNATIONAL
Profits jumped 3.9 percent for global furniture superpower Lars Larsen Group in 2018–19 with Danish furniture wholesaler Actona among its standout performers.
- Details
- UPHOLSTERY
Half-year sales and profits declined for high-end upholstery producer Kingcome Sofas, but owner Colefax Group said it was upbeat about the business unit's prospects.
- Details
- FLOORCOVERINGS
Abingdon Flooring, the Victoria-owned carpet manufacturer, has appointed Paul Murphy as managing director — group manufacturing.
- Details
- ECOMMERCE
Houseology, the high-end Internet home and furniture retailer that had accumulated losses north of £9 million at the time of its last public disclosure, has stopped trading and been placed into administration.
- Details
- BEDS & MATTRESSES
Tempur Sealy International, the world's biggest bedding company, has acquired a majority stake in Sherwood Bedding, one of the largest bed manufacturers in the U.S. and formerly owned by Steinhoff, for $40 million (£31m).
- Details
- ECOMMERCE
Ecommerce design platform Decovry has acquired the assets of German furniture marketplace Monoqi and plans to build a bigger U.K. business as a consequence.
- Details
- RETAIL & DISTRIBUTION
Fast-expanding home and leisure goods retailer The Range is to expand its distribution infrastructure in the North after agreeing a 20-year lease on a large pre-existing warehouse.
- Details
- EVENTS
Organisers have announced details of the 14th edition of the Scottish Interiors Showcase, whose 2020 event takes place next month.
- Details
- OPINION & ANALYSIS
Since the turn of the year all four of the pre-eminent bed-in-a-box companies operating in the U.K. market have made the news.
- Details
- RETAIL & DISTRIBUTION
Investment firm True has appointed former N Brown executive Ralph Tucker as chief executive at The Cotswold Company, the major U.K. cabinet furniture retailer with sales north of £50 million.
- Details
- FLOORCOVERINGS
Carpetright has returned to private ownership after the court-approved scheme of arrangement, which sees lender Meditor Fund take full control of the U.K.'s largest carpet retailer, came into effect.
- Details
- ECOMMERCE
The Internet will account for a fifth of all U.K. retail spend within the next four years, according to new research by GlobalData, the analytics and data company.
- Details
- CASE GOODS
A number of retailers who formerly sourced bedroom cabinet from the now-defunct Kingstown Furniture business are turning to One Call Furniture, the East London manufacturer has said.
- Details
- RETAIL & DISTRIBUTION
Upholstery, beds and cabinet furniture retailer Loaf says profits will grow at a faster rate in 2019–20 if it can maintain its performance in the next three months.
- Details
- CASE GOODS
A run of growth that began in 2016 came to an end at Northern Ireland headquartered furniture maker and retailer Starplan Furniture last year.
- Details
- TRADE & INDUSTRY
Market consolidation means an increasing share of the market for furniture in Western Europe is in the hands of relatively few businesses, according to a new report.
- Details
- FLOORCOVERINGS
Designer Contracts, the national floorcoverings contractor, has promoted Stacey Brereton to its board as HR and health and safety director.
- Details
- BEDS & MATTRESSES
Direct-to-consumer mattress company Emma Sleep says worldwide sales near-doubled to €150 million in 2019 with the company making money at the operating line for the second straight year.
- Details
- FLOORCOVERINGS
Floorcoverings distributor and manufacturer Victoria is to repay all its outstanding senior bank borrowing with the issue of £170 million of corporate bonds.
- Details
- FLOORCOVERINGS
Penthouse Carpets, one of the U.K.'s largest independent floorcoverings manufacturers, posted rising revenue and profits in 2018–19 despite facing headwinds in the market sectors it operates.
- Details
- RETAIL & DISTRIBUTION
Sales of home goods fell for the seventh straight week at department store retailer John Lewis & Partners as customers shopped its final week of clearance.
- Details
- INTERNATIONAL
A private investor group led by the former U.S. national sales manager at Gloster Furniture has acquired North Carolina based upholstery producer Our House Designs.
- Details
- UPHOLSTERY
British Furniture Manufacturers (BFM) has awarded Lancashire sofa maker Buoyant Upholstery its champagne prize for the best use of its new revamped branding at this week's January Furniture Show.
- Details
- BEDS & MATTRESSES
Direct-to-consumer and wholesale mattress brand Eve Sleep says it will book a smaller deficit for 2019 after it made headway in its plan to transition to profit on a revised business model.
- Details
- SUPPLY & WHOLESALE
British furniture manufacturer Ercol, which is celebrating its centenary year in 2020, has recruited Roset (UK) director Arno Koch as its new sales director.
- Details
- RETAIL & DISTRIBUTION
Department store retailer Beales has been placed into administration through KPMG after talks to find a solvent solution to its problems ended in failure.
- Details
- CASE GOODS
John Lewis of Hungerford, the premium kitchens, bedrooms and freestanding furniture maker, says chairman Gary O'Brien has resigned with immediate effect for personal reasons.
- Details
- RETAIL & DISTRIBUTION
Blue Group's retail division, which comprises Harveys and Bensons for Beds, has announced a partnership with Mind, the mental health charity.
- Details
- REGIONAL
The managing director of Cookes Furniture, one of the largest independents in the country, says he is confident the market will improve in 2020 after last year proved "undeniably challenging for retail."
- Details
- DATA & RESEARCH
Sales of furniture and lighting continued to climb in 2019 according to the Office for National Statistics (ONS) but at the weakest rate in all of the past decade.
- Details
- EVENTS
Heavyweight brands Collins & Hayes and Silentnight headlined the winners of The Furniture Awards 2020, announced yesterday at the January Furniture Show.
- Details
- COMMUNITY
The Furniture Makers’ Company, the industry charity, is encouraging visitors and exhibitors at the January Furniture Show to visit its Hall 1 stand and sign up to its One Step at a Time campaign.
- Details
- SUPPLY & WHOLESALE
LifestyleGarden, a division of ScanCom International, will this spring launch what it has described as "the first mass market piece of furniture crafted from recycled plastic waste."
- Details
- DATA & RESEARCH
Consumer prices for furniture rose at their fastest pace in nearly two years last month, just as overall inflation in the U.K. fell to its lowest level since the back end of 2016.
- Details
- UPHOLSTERY
Losses narrowed at East Midlands upholstery group JDP Furniture despite lower sales in 2018–19, aided by the privately-owned collective annualising against one-off costs from the previous year.
- Details
- UPHOLSTERY
Upholstery fabrics supplier Mobus has moved into a new 65,000sqft distribution centre that will allow it to consolidate its operations on a single site.
- Details
- FLOORCOVERINGS
The Competition and Markets Authority (CMA) has given Danspin more time to complete a sale of Yorkshire based carpet yarn spinner Lawton Yarns to an as-yet unnamed buyer.
- Details
- COMMUNITY
National floorcoverings contractor Designer Contracts has for the second time sponsored Childline, the counselling service provided by the National Society for the Prevention of Cruelty to Children (NSPCC).
- Details
- SUPPLY & WHOLESALE
Unsecured creditors of West Midlands furniture wholesaler Serene Furnishings will likely get less than three pence in the pound back following the prepack deal that rescued the business last month.
- Details
- CASE GOODS
The ready-to-assemble furniture arm of diversified Yorkshire manufacturer Decorative Panels posted a fall in sales last year but group revenue picked up on higher component sales.
- Details
- ECOMMERCE
Shop Direct's transition to become The Very Group has completed with the North West home shopping retailer reporting mid single-digit growth over the festive season at its principal brand.
- Details
- FLOORCOVERINGS
Headlam, Europe's largest floorcoverings distributor, says its new £26 million regional distribution centre at Ipswich is on track for operational completion by Easter.
- Details
- UPHOLSTERY
Robert Aramayo, son of Buoyant Upholstery md Mike Aramayo and known to many of the sofa maker's customers after assisting during NEC shows, has landed a leading role in Amazon's new Lord of the Rings series.
- Details
- BEDS & MATTRESSES
A sharp drop in foam and sprung mattress imports in November pushed the year-to-date total negative, threatening a first full-year decline in the value of foreign-made goods in seven years.
- Details
- ECOMMERCE
Furniture retailer Loaf has appointed a replacement chief financial officer for Tim Parfitt, who left the company for a new role in the beds sector last year.
- Details
- RETAIL & DISTRIBUTION
Home sales fell for the sixth straight week at John Lewis & Partners with the chain annualising against a strong competitor promotion from this time last year, which it price-matched.
- Details
- SUPPLY & WHOLESALE
Wood bedroom, living and dining cabinet furniture imports climbed ahead of the year-to-date trend in November on strengthening trade with two of the three biggest Far East markets.
- Details
- COMMUNITY
Harrison Spinks' Ruairi Giles is to raise money for industry charity The Furniture Makers’ Company by taking part in the 2020 London Marathon.
- Details
- UPHOLSTERY
Sofa market leader DFS reported a mid single-digit decline in sales for the second half of 2019 but said it will meet profit expectations for its financial year if it can hit its revenue growth target.
- Details
- UPHOLSTERY
Italian sofa imports dropped by a third in November keeping the nation on track to be the only major source of foreign upholstery sold in the U.K. to see a full year decline in 2019.
- Details
- RETAIL & DISTRIBUTION
Footfall at out-of-town shopping parks, home to many of the U.K.'s largest furniture and flooring retailers, near held in December despite fewer shoppers frequenting other retail destinations.
- Details
- FLOORCOVERINGS
British carpet imports from Belgium, the principal source of overseas-produced flooring sold in the U.K. market, fell sharply in November, meaning they have now dropped in seven of the past eight months.
- Details
- UPHOLSTERY
BFM Fabric Show London will host five new exhibitors in addition to 33 returning suppliers when it takes place at Chelsea FC's Stamford Bridge stadium next month.
- Details
- ECOMMERCE
Former lenders to Swoon now control 30 percent of the predominantly ecommerce furniture retailer after the prepack administration deal that rescued the business before Christmas.
- Details
- RETAIL & DISTRIBUTION
Department store chain Beales hopes to tie up a rescue deal within days that will see it emerge in a slimmed down form. It faces being placed into administration if the transaction fails to complete.
- Details
- BEDS & MATTRESSES
Mattress brand Casper Sleep has filed the paperwork for an initial public offering (IPO) in the U.S., with it to sell shares in the business to raise cash for growth, working capital and debt pay-down.
- Details
- BEDS & MATTRESSES
Revenue declined for a second straight year at Burnley bed manufacturer Sweet Dreams in 2018–19 but wider gross margin helped limit the impact on profits.
- Details
- SUPPLY & WHOLESALE
West Midlands case goods wholesaler Heartlands Furniture has been fined after pleading guilty to breaches of the E.U. Timber Regulation (EUTR).
- Details
- REGIONAL
Profits jumped for Ponsford, one of the largest furniture retailers of its type in the country, as the privately-owned company found savings and margin improvement in 2018–19 amid lower turnover.
- Details
- BEDS & MATTRESSES
Britain's leading bed manufacturers shifted more product in the later months of 2019 but a fall in average order values held back the value of sales growth.
- Details
- RETAIL & DISTRIBUTION
Marks and Spencer cited lower furniture dispatches as a factor in weaker-than-expected online sales in its third quarter. The run rate subsequently improved while it also narrowed its overall decline in clothing and home sales.
- Details
- RETAIL & DISTRIBUTION
Interim sales jumped 6.0 percent to £585 million for homewares retailer Dunelm with the chain's online channel the main growth driver, it said in a trading update.
- Details
- RETAIL & DISTRIBUTION
John Lewis & Partners managing director Paula Nickolds is leaving after 25 years with the department store chain. It means she won't take up the newly-created role announced last autumn as part of a management merger with Waitrose.
- Details
- BEDS & MATTRESSES
Stuart Hibbert, who co-founded and ran Breasley Consumer until selling his shares in 2017, is to return to the bed industry with GNG Group Yorkshire.
- Details
- RETAIL & DISTRIBUTION
Furniture and home retailer IKEA is pressing ahead with plans to build a bigger presence in urban areas with a new store slated for Hammersmith, London.
- Details
- UPHOLSTERY
Currency and input cost headwinds together with a first fall in sales in four years hindered sofa maker ACL 2002 last year, but didn't stop the West Midlands company investing in production.
- Details
- UPHOLSTERY
Sofa Brands International, the group behind the G Plan, Parker Knoll and Collins and Hayes upholstery businesses, has recruited Duncan Miller as its new chief financial officer.
- Details
- TRADE & INDUSTRY
Charles Vernon, chairman of the Furniture Industry Research Association, is to step down from the role in September, prompting a search for a successor.
- Details
- RETAIL & DISTRIBUTION
The sale of furniture chain AHF a year and a half ago gave it the chance to refresh its retail offering and marked the beginning of it reversing a negative sales trend.
- Details
- SUPPLY & WHOLESALE
Pier 1 Imports, the North American furniture and home furnishings retailer and among the world's largest in the category, plans to close 450 shops in a huge downsizing of its store network that could reverberate in other markets.
- Details
- RETAIL & DISTRIBUTION
General merchandise sales trended down for the third consecutive quarter at Argos owner J Sainsbury in the final weeks of 2019, underachieving compared with its grocery and clothing categories.
- Details
- RETAIL & DISTRIBUTION
A fifth consecutive week of home sales decline at John Lewis suggests the retailer peaked early in the category after cutting prices last autumn.
- Details
- INTERNATIONAL
Otto Group, the diversified retail and logistics giant with global sales of €13.4 billion, has hired former Debenhams CEO Sergio Bucher to its executive board.
- Details
- RETAIL & DISTRIBUTION
Profits before non-cash and debt interest costs jumped by nearly a third at Furniture Village last year as the retailer booked higher sales and initiated its plan to lower overheads.
- Details
- SUPPLY & WHOLESALE
The future of West Midlands furniture wholesaler Serene Furnishings has been secured after the company's business and assets were sold in a prepack administration deal.
- Details
- RETAIL & DISTRIBUTION
IKEA, the world's largest furniture and home retailer, has agreed to pay $46 million (£35m) to the parents of a young child who died after a piece of furniture tipped over when he climbed on it.
- Details
- RETAIL & DISTRIBUTION
Danish furniture and homewares retailer JYSK says it will open its 20th U.K. store in early March as it kickstarts an opening programme designed to near treble its network by 2024.
- Details
- BEDS & MATTRESSES
Bensons for Beds has expanded its range of products exclusively designed by Sir Terence Conran, adding what it calls a luxury hotel-style bedframe to its existing offer.
- Details
- RETAIL & DISTRIBUTION
Mattressman, the East of England beds retail chain that restructured in the summer of 2018, says it has begun to regain lost ground and can return to profit in the current financial year.
- Details
- REGIONAL
Bath furniture retailer Silcox Son and Wicks is planning a major refurbishment project at its New Street store that will see it close for the bulk of the year ahead.
- Details
- RETAIL & DISTRIBUTION
A four-store retailer that folded last autumn leaves creditors owed £4.6 million according to a new report, with more than a fifth of its debts due to the tax man.
- Details
- DATA & RESEARCH
Retailers enjoyed mid single-digit sales growth in December as a slight rise in store sales was bolstered by an increase of nearly a quarter in online demand, according to a closely-followed retail survey.
- Details
- FLOORCOVERINGS
Return to growth for North London rug distributor.
- Details
- BEDS & MATTRESSES
Mattress wholesaler and retailer Simba Sleep has procured new investment by way of U.S. private equity company Cartesian Capital, with it planning to use the cash injection to expand internationally.
- Details
- RETAIL & DISTRIBUTION
Underlying profits jumped by a quarter for furniture-to-fashion retailer The White Company in 2018–19 with it citing a strong U.K. store performance and reduced emphasis on discounting.
- Details
- UPHOLSTERY
Trentside Products, one of the industry's most prominent furniture components suppliers, has appointed former DFS buyer Ashleigh Ellis as business development manager.
- Details
- RETAIL & DISTRIBUTION
An online window dressings retailer has been told to change its promotional message after home furnishings retail giant Dunelm complained to the advertising watchdog.
- Details
- CASE GOODS
Insolvency practitioners hope to find a buyer for the assets of Prentice Furniture Manufacturers, a Staffordshire based kitchen maker, after the company entered administration just before Christmas.
- Details
- UPHOLSTERY
Higher sales and lower one-off costs were negated by narrower gross margin to prevent Sofa.com returning to profit in the lead up to its sale to the owner of Sports Direct and House of Fraser last year.
- Details
- BEDS & MATTRESSES
The National Bed Federation (NBF), the industry trade association representing the bulk of the U.K.'s leading bed manufacturers, has unveiled its new brand identity.
- Details
- UPHOLSTERY
Detail of seven-figure debt made to U.K. upholstery business ahead of summer 2019 takeover.
- Details
- RETAIL & DISTRIBUTION
Home merchandise revenue declined at department store chain John Lewis last week as the retailer closed out 2019 with a fourth straight sales miss.
- Details
- BEDS & MATTRESSES
Bed specialist Dreams ended 2019 with a flurry of store openings, adding five new shops and relocating another as it expanded its retail estate.
- Details
- BEDS & MATTRESSES
Mattress brand Dunlopillo faces an uncertain future in France after the manufacturer behind the company in the local market was placed into an insolvency process.
- Details
- RETAIL & DISTRIBUTION
Storied fashion-to-furnishings retail chain Laura Ashley will downsize its store portfolio again in 2019–20 but there remains an appetite for newness and selective store openings.
- Details
- DATA & RESEARCH
Retailers entered the winter sale period with more to look forward to after consumer confidence rebounded in December, figures from GfK show.
- Details
- REGIONAL
Alan Ward, one of the U.K.'s most prominent independent furniture and floorcoverings retailers, has sold its shareholding in its standalone storage business for £6 million.
- Details
- RETAIL & DISTRIBUTION
Sales of home goods were fractionally down at John Lewis in the final full week leading up to Christmas though early clearance offers meant big-ticket furniture lines still made gains.
- Details
- RETAIL & DISTRIBUTION
The newly-formed Blue Group, owner of U.K. chains Bensons for Beds and Harveys, has combined its retail team into one management structure, expanding the remit of the head of its beds retail business.
- Details
- FLOORCOVERINGS
Meditor Fund, whose takeover of Carpetright is due to complete early 2020, has provided a £9 million unsecured loan to the floorcoverings retailer.
- Details
- FLOORCOVERINGS
The privately-owned Brockway Carpets group was back in profit in the year to March 31, 2019 after doubling the return from its carpet tufting business, outweighing losses at its weaving unit.
- Details
- BEDS & MATTRESSES
The National Bed Federation (NBF) has agreed a three-year research partnership with circular economy experts Zero Waste Scotland. It aims to increase mattress recycling and encourage more sustainable design.
- Details
- BEDS & MATTRESSES
Tempur Sealy International, the world's largest bedding manufacturer, has promoted three senior executive to key roles impacting its business across the U.S.
- Details
- RETAIL & DISTRIBUTION
Prestige designer furniture retailer Heal's says it made another step forward in profitability in the year to September 2019 despite the loss of sales and stock from the fire at its Chorley warehouse, the cost of which has been detailed for the first time.
- Details
- RETAIL & DISTRIBUTION
Privately-owned retail and leisure group Leekes says profitability improved in 2018–19 despite the challenging retail environment and its hotel business facing competitive and inflationary pressures.
- Details
- UPHOLSTERY
DFS, the U.K.'s largest upholstery retailer, has appointed experienced retail and marketing leader Jane Bednall to its board as an independent non-executive director.
- Details
- BEDS & MATTRESSES
National bed specialist Bensons for Beds has named sleep scientist Dr Sophie Bostock as its new official sleep expert, saying she will become an integral part of the brand's plans next year.
- Details
- EVENTS
The dates of BFM Fabric Show London 2020 have been moved for a second time because of a rescheduled Premier League fixture for Chelsea FC, whose Stamford Bridge stadium hosts the exhibition.
- Details
- DATA & RESEARCH
The price of carpets leaving the factory gate last month was lower than year-earlier levels for the first time since March 2016 according to new official figures.
- Details
- RETAIL & DISTRIBUTION
Falling bed sales won't put United Carpets — the U.K.'s third largest retailer of floorcoverings — off from operating in the category, the retailer has said.
- Details
- ECOMMERCE
Business Growth Fund, which has held minority positions in a number of U.K. furniture and flooring businesses, this summer added a stake in the company behind Internet retailer Furniture123 to its portfolio of investments.
- Details
- RETAIL & DISTRIBUTION
The later fall of Black Friday this year hindered retail sales last month, according to figures out yesterday from the Office for National Statistics (ONS).
- Details
- BEDS & MATTRESSES
Tempur Sealy International, the world's biggest bedding producer, is to donate 100,000 shares in the business in what it described as the "largest single charitable contribution in the company's history."
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