The historic Derbyshire store of the hitherto highly-regarded independent furniture retailer Eyres of Chesterfield was sold ahead of the business permanently closing its doors earlier this year.

Restructuring advisors are poised to step in after Made.com (Made) said there was now no reasonable prospect of an offer for the equity in the company.

Nottinghamshire upholstered furniture producer Whitemeadow has promoted Alan Price in a move that also gives him a seat on the board of directors.

Higher employee-related expenses countered the impact of rising sales and wider gross margin at Batley mattress maker Dura Beds last year as profits declined.

The rate at which customer loan applications are approved has increased since Dreams adopted a new time-saving system in partnership with software company Aryza.

Furniture and lighting retailer Made.com Group (Made) says its trading arm has temporarily suspended new customer orders following the collapse of sale talks on Tuesday.

Home product sales declined sharply at The Very Group through 2021/22 with the non-food ecommerce giant saying it lapped strong prior year comparatives in all major furniture categories.

National retailer Bensons for Beds will this week return to Watford with the opening of a new store above the existing unit operated by flooring chain Carpetright.

IKEA is to open Plan & Order points at Aintree, Preston and Stockport as part of plans to make it easier and more accessible to shop with the home furnishings giant.

Furniture retailer Made.com Group (Made) says sale discussions have been terminated after potential bidders were unable to meet a deadline of the end of the month for firm offers.

Cabinet and upholstery supplier Mark Webster Designs sold the vast majority of its stock to its largest customer two weeks ahead of the formal appointment of administrators as it sought a managed wind down of the business.

Filled bedding company Trendsetter Home Furnishings built on a return to profit with an eight-fold rise in earnings in the past year, but cautioned of headwinds in the period since.

The company behind the ufurnish.com search engine for furniture and furnishings has agreed a partnership with Santander U.K. that will elevate the visibility of leading retailers with the bank's mortgage holders.

National retailer Bensons for Beds will later this week launch Bensons Outlet, a pilot store concept that will offer customers deep discounts and special buys.

Upholstered furniture manufacturer Vale Bridgecraft has resumed trading under new ownership after a three-month pause following the insolvency of its predecessor operating company.

The Young Furniture Makers exhibition, organised by The Furniture Makers’ Company, returned after a three-year hiatus earlier this month to showcase and celebrate the work of 100 emerging designers and makers.

Fewer weeks lost to Covid and higher online sales help department store group Fenwick cut trading losses through 2021/22 while it returned to profit after tax thanks to a gain on property disposal.

Higher costs saw profits almost halve for bedding supplier Comfy Quilts in the year to end January despite sales having climbed thanks to it doing more business with a company under common control.

West Yorkshire supplier of mattress ticking and bed components registers smaller profits but margin improvement limits impact of £1.5 million revenue drop through 2021/22.

Actona Group found top line gains as the Danish furniture conglomerate expanded its global activities through acquisitions in 2021/22.

Britain's furniture industry enters the golden quarter with consumer confidence for big-ticket expenses at its weakest level since the beginning of the pandemic, according to new figures.

The North West company behind the Luxury Rattan outdoor furniture brand has filed for insolvency just over a year after it booked a net gain of almost £1 million.

Oldrid & Co, the Lincolnshire furniture and home store retailer that now trades solely under the Downtown fascia, reversed a big seven-figure deficit as revenue recovered in the past year.

Higher prices and the unwind of big order books meant the value of furniture and lighting retail sales climbed by almost £100 million year-on-year in September.

German living and bedroom furniture giant Hülsta is undergoing a court-approved insolvent restructure at two of its subsidiary companies, citing special market conditions.

Wayfair says it is offering over 12,000 products that adhere to one or more of 50 third-party sustainability certifications as the online platform looks to advance the green credentials of its supply chain.

Industry clay pigeon shooters raised £8,000 for The Furniture Makers' Company charity at Northern Big Shots last month.

The sale of the business and assets of Stockport based textiles supplier J.T. Griffiths & Co has protected jobs and ensured continuity of supply, stakeholders in the process have said.

Homewares and furniture retailer Dunelm said it had a robust quarter with sales dipping as expected as it lapped strong comparators from the autumn of last year.

Former Cole's store in Stoke-on-Trent was acquired back in 2009 but closed four years later.

The end of lockdown and the return of London footfall has helped high-end French furniture franchise Roche Bobois find U.K. growth so far this year, at a faster pace than in any other world market.

The Furniture Makers' Company will next month host a free-to-access webinar called Designing Out Waste, exploring what the furnishing industry needs to do in order to achieve greater waste reduction.

Nichola Hornby Bell, one of the highest-profile sales directors in the U.K. sofa industry, has decided to leave upholstered furniture manufacturer Westbridge.

Renewed upstream supply chain price pressures will result in further rises being passed on to retailers, as new inflation figures out Wednesday showed continued stubbornly high rates across the industry.

Flooring supplier Victoria has acquired International Wholesale Tile (IWT), a Florida based tile, natural stone and LVT distributor, in a deal worth $28.5 million (£24.9m).

The private equity backer of sofa makers Westbridge and Tetrad has appointed a new group chief executive at parent company Belfield.

Trading profits returned at Jarrold & Sons through 2021/22 as the diversified Norwich group kept a lid on costs and saw revenue recover, particularly within its retail business.

Home department store retailer Leekes recorded double-digit top and bottom line gains in the year to end March and says it has maintained momentum in the first half of its new financial year.

Wider gross margin and higher sales helped the privately-owned South East retail group behind department stores including Elys and Pearsons return to profit in the past year.

New bank borrowing replaces £100 million drawdown on overdraft facility as loans from related parties increased last year.

Home, garden and leisure retailer The Range has pinned a fall in profits on unprecedented challenges to the supply chain as rising costs countered an advance in sales at the 205-store chain.

Eve Sleep will live on as a standalone brand after Bensons for Beds acquired the direct-to-consumer company's intellectual property following the appointment of administrators at midday on Monday.

Direct-to-consumer mattress and sleep products company Eve Sleep was placed into administration at midday Monday after hopes for a solvent solution or fresh equity funding evaporated.

More than a dozen suppliers face sizeable five-figure shortfalls from the closure of one of the country's largest suppliers of furniture packages to property investors, landlords, developers and home owners.

Embattled furniture retailer Made.com Group (Made) is targeting firm offers for the company by the end of October and says potential bidders have been made aware that it will require interim financing in light of dwindling liquidity.

The value of wood living, dining and bedroom cabinet shipments to the U.K. fell to its lowest level in 26 months at the end of the summer on delayed production and slowing demand.

BoConcept is donating profits from its business in Russia to an initiative supporting Ukraine after it was forced to walk back plans for an immediate exit from supplying its Russian franchisee.

Independent furniture retailer Lukehurst is upgrading the exterior of one of its two Kent stores with a six-figure investment in the external fascia.

60 members of the furniture trade attended the Barker & Stonehouse annual golf day, which this year raised £12,000 for The Furniture Makers' Company, the furnishings industry charity.

The British Furniture Manufacturers (BFM) has partnered with leading sustainability and net zero group Planet Mark to help its members and the country’s furniture industry meet its net zero goals.

Mattress imports jumped by more than a quarter despite a sharp fall in the value and volume of goods shipped to the U.K. from China, according to new trade data.

The U.K. arm of upmarket Swedish bed maker Hästens came closer to profit than at any time in the past decade last year as revenue growth returned.

The founder of DFS and an investment vehicle controlled by the deputy chairman of Dunelm remain among the largest shareholders in fast-growing and now-profitable flooring retailer Tapi Carpets & Floors.

The value of carpet imports into the U.K. declined to its lowest level since December 2021 after volumes fell by almost a fifth in the latest chronicled month, according to new figures.

Inflation-driven price rises and currency movements helped worldwide brand revenue climb to a new record level at IKEA in the past year despite flat volumes across the franchise.

The sale of the Usleep mattress division to the Vita Group helped Westbridge owner Belfield to deleverage last year with it eliminating all outstanding bank debt and shareholder loans.

Chinese upholstery volumes almost halved at the end of the summer as some buyers looked elsewhere and others waited for goods held up by production delays because of Covid.

A longtime investor in diversified flooring manufacturer and distributor Victoria now owns more than a fifth of the company after it upped its stake in the business on Wednesday.

Highly-regarded bed industry executive Mark Hughes is returning to the vacuum-packed mattress brand Breasley as sales director for the U.K. market. His appointment takes effect from November.

The Furnitureful ecommerce brand is now trading under the stewardship of its third owner inside five months after its predecessor company folded late last month.

Profits returned despite one-off costs for sister sofa makers Westbridge Furniture and Tetrad as they recovered some of the revenue lost to the impact of the pandemic last year.

The Chinese ecommerce group behind furniture, home and garden brands such as Homcom and Aosom more than doubled the size of its U.K. business last year in a period when it added six new warehouses across southern and eastern England.

The rate of British furniture manufacturing growth climbed for the first time in three months in August, according to official data released Wednesday morning.

The chairman and founder of a Chinese upholstery manufacturing group that used to own a 22-store U.K. furniture retail chain has a new chief executive after the current incumbent stepped down.

The U.K. is the single largest importer of Brazilian furniture across all of Europe despite a decline on last year, according to new figures from a promotional organisation affiliated to the Brazilian Government.

Order intake is down double-digit in the past ten weeks but ScS says it is well placed to ride out the tightening economic backdrop with it having built a huge cash pile and no debt.

Adjusted profits jumped by a third at upholstery and soft furnishings fabrics group Romo last year as the company found growth in the U.K. and abroad.

Upmarket interior design and furnishings supplier Sanderson Design Group found profit growth in the first half of its 2022/23 financial year after almost doubling licensing income.

Headlam Group, the U.K.'s largest floorcoverings wholesaler, has bolstered its leadership team with two new independent non-executive board hires.

U.K. tax authorities face the largest shortfall after the planned permanent closure of privately-owned Leicestershire retailer Furniture Loft went awry earlier this summer.

Furniture, mattresses and home accents distributor Gallery Direct pumped cash into stock build last year in a period where it returned to profit on vastly increased output.

U.K. listed textiles group says part of its German-based operations has struggled as a result of weak consumer confidence.

The Furniture Makers’ Company, the City of London livery company and charity for the furnishing industry, has launched a confidential text service to offer support to people working in the sector.

Upholstery brand Maker&Son says it was fully committed to fulfilling all creditors obligations ahead of it being forced into an insolvent restructure after a single creditor didn't support its plans following its summer buyout.

U.K. revenue reached record levels for mattress and bedding wholesale and retail business Tempur last year with it continuing to trade ahead in the early months of this year.

XXXLutz Group, one of the three largest furniture retail groups in the world, is to buy pan-European ecommerce home and living retailer Home24 in a deal that has the backing of the target company's management and major shareholders.

Restructuring advisors are trying to unpick the situation at £25 million sofa brand Maker&Son after the trading company behind the business was placed into administration earlier this week.

The U.K. arm of foam conglomerate Carpenter says input cost pressure led to "inevitable and necessary adjustments to selling prices" but they still weren't enough to stop profits here falling to £14.1 million.

Plumbs traded strongly post lockdown as the sofa covers, re-upholstery and curtains company narrowed its net loss and generated positive cashflow last year.

La-Z-Boy U.K. has promoted Richard Greenwood to managing director with current incumbent Mark Draper also seeing his status elevated. He has become vice president, International.

The CEO of Simba Sleep says the mattress and bedding company recorded a big jump in U.K. EBITDA after 60 percent sales growth here last year.

A fast-growing wholesaler and ecommerce oak furniture retailer has the backing of one of the most prominent industry founders of the past two decades following an investment earlier this year.

Britain's biggest bed retailer delivered high single-digit figure profit growth in 2021 as revenue surged on the back of strong demand last year.

A slide in gross margin impacted the bottom line last year at upholstery group TCM Living, parent to Ashley Manor, AMX Design, Alstons and Alexander & James.

A floorcoverings company that used to work with one-time major home furnishings independent Alan Ward is expanding with the launch of a second retail and trade showroom.

Furniture Village commercial director Charlie Harrison has been named winner of the Next Generation Award by Family Business United, recognising his contribution to the national furniture retailer.

The third quarter of 2022 saw more than twice the number of furniture and furnishings companies call in restructuring advisors compared with the same period last year.

A historic North West mattress ticking and upholstery fabrics wholesaler has been placed into the hands of restructuring advisors after weeks spent trying to restructure the company.

Higher output outweighed rising costs and thinner margins as North West household textile supplier Turner Bianca found bottom line growth in the year to end March.

The second iteration of erstwhile South East beds retail chain Warren Evans recorded six-figure profits in the second full year since it launched in 2019.

More mattresses are being recycled than ever before but the slow pace of change means the National Bed Federation (NBF) says it will likely miss a key target without significant intervention in the form of an Extended Producer Responsibility (EPR) scheme.

Fabb Furniture will open two more showrooms before Christmas as part of a six-figure investment expanding its retail estate. It is also targeting a new distribution centre and has switched warranty providers following a tender process.

Fast-growing flooring chain Tapi Carpets & Floors will keep its foot on the accelerator pedal with new stores opening through 2022.

Made.com Group (Made) says it will need tens of millions of pounds in aggregate funding over the next 18 months as it revealed it had begun discussions with interested parties regarding a sale of the business.

National retailer Tapi Carpets & Floors has booked inaugural profits on the back of wider margins and top line growth, with it targeting further gains this year despite the weakening market.

National floorcoverings distributor Carpet & Flooring, which operates a dozen depots across the country, has rebranded the business to give itself a more distinct and targeted name.

North West home department store retailer Housing Units achieved a double-digit net margin as sales jumped by well over a third to record levels in the year to March 27, 2022.

Southern Italian sofa conglomerate Natuzzi has bolstered its senior leadership team with three new hires, including two who join from luxury brands Versace and Louis Vuitton.

The U.K. arm of Belgian carpet maker Associated Weavers (AW) will look to make faster deliveries to customers here once a new warehousing facility opens early next year.

Natuzzi achieved high single-digit revenue growth in the second quarter but it could have delivered much more but for the enforced closure of its plant in Shanghai as the Chinese Government tried to keep a lid on Covid infections.

Major independent furniture retailer Fishpools booked seven-figure profits and bolstered cash reserves in a year of record volumes for the Waltham Cross company.

Britain's sofa and mattress makers are being landed with a new wave of price increases from across the upstream supply chain according to correspondence seen by The Furnishing Report. Some suppliers are also on allocation.

Furniture retailer Made.com Group (Made) saw its gross margin slide sharply in the first half as it slashed prices to shift excess inventory.

More than 50 jobs have been lost after a privately-owned mattress manufacturer folded earlier this month leaving debts of a little over £2 million.

Frasers Group, owner of Sofa.com and House of Fraser among myriad retail interests, has enlisted architects to draw up plans for a new global headquarters campus in Warwickshire.

General merchandise retailer Next has fleshed out the details of its investment in ecommerce furniture retailer Swoon for the first time — four months after the bones of the deal were first disclosed.

Private equity backed foam supplier Vita Group has revealed it invested tens of millions of pounds acquiring mattress maker Usleep from the Belfield Group last year.

New borrowing and operating cashflow helped the privately-owned Whitemeadow group fund heavy capital expenditure last year as the East Midlands upholstery manufacturer invested in production.

A U.S. advisory firm has been hired to find a third-party buyer for Recticel's comfort foam operations in the U.K. in a move designed to end an antitrust probe.

The sales director of Recticel's comfort foam business in the U.K. has left the business to head up the bedding division of one of its major rivals.

Home furnishings retailer IKEA is partnering Tesco, the supermarket chain, to expand its collect-and-collect service for customers.

The owner of one of the U.K.'s most prominent rugs businesses has agreed a deal with restructuring advisors to acquire rival rug brand Woven after the company behind the etailer was placed into administration earlier this week.

Expanding upholstery retailer Sofas & Stuff is to launch its third new store this year and its first in Surrey.

A garden furniture and outdoor products retailer sold to the owner of the company behind bed seller Yark Beds was over-stocked at the wrong time of year because of shipping delays, administrators have said. Its problems prompted an insolvent sale earlier this month.

The group behind the contract floorcoverings brands Heckmondwike Carpets and Paragon Carpet Tiles bolstered its balance sheet after a year in which profits climbed on wider margins and higher sales.

U.K. arm of Scandinavian hardwood floorcoverings manufacturer expects low growth amid uncertainty from the global recovery from the pandemic.

Fresh equity investment has taken the total pumped into The Conran Shop, the U.K. and international designer furniture and lifestyle retailer, to beyond £10 million in a little over a year.

Town planners last week gave the green light to previously-signposted proposals that will transform the landmark Heal's furniture store on Tottenham Court Road in central London.

Northern Ireland department store and beds retailer S.D. Kells says it expects the trading conditions caused by the inflationary backdrop may adversely affect its results through 2022/23, but it is well positioned to cope after a strong year.

Five-store specialist retailer operates carpet and bed shops across Dorset and Hampshire.

Danish furniture and homewares retailer JYSK will this week open a new store as it expands its retail footprint in an existing U.K. stronghold for the company.

The buildout of Feather & Black's physical retail footprint took another step last week with the upmarket beds and bedroom furniture brand adding its fourth new store in 2022 so far.

High U.K. demand post lockdown super-charged a return to profit for luxury vinyl tile (LVT) supplier Amtico as the Coventry company closed in on a decade under the ownership of U.S. flooring giant Mannington Mills.

Likewise Group, the challenger flooring distributor that has been buying up companies and building infrastructure to take on larger rivals, says demand has continued to be strong through late summer and into the autumn.

Signposting the probable sale of the company heralded more sell-offs of Made.com's shares on Friday as it closed the week at a new all-time low.

Upholstery and beds vertical HSL repaid a £4 million bank loan two years ahead of time as it generated cash and traded strongly through the rump of the pandemic.

Furniture and lighting retailer Made.com Group (Made) has withdrawn its full year guidance and formally launched a strategic review that could lead to a sale of the business or its assets.

The addition of a large West Midlands warehouse late last year represents the early phase of a major financial commitment to the U.K. over the next decade for multi-brand furniture wholesale and retail group Ziel.

Upholstery and flooring retailer ScS has named John Walden as the successor to non-executive chair Alan Smith, who will retire in just over a year from now.

U.K. consumer confidence fell to an all-time low this month though the measure monitoring big-ticket spend intention remained unchanged.

Platt & Hill, a supplier of foam and fibre fillings products to the beds and upholstery manufacturing sectors, slipped to a loss last year as higher costs outweighed the benefit of increased output.

Sofa manufacturing group TCM Living has recruited two well-known furniture industry executives to fill senior managerial posts at its Ashley Manor Upholstery and Alexander & James business units.

Privately-owned South East England floorcoverings wholesaler STS booked higher profits last year on wider gross margin and rising sales.

Retained profits at a Scottish fitted furniture vertical were wiped out last year as the company battled an outsized impact from Covid restrictions that impacted its business model.

Balta Group will soon be no more. The Belgian flooring conglomerate is changing its corporate name to Belysse Group with the switch to be approved at an Extraordinary General Meeting next month.

West Elm, the U.S. mid-century modern furniture retailer with a circa £30 million U.K. presence, has begun a search for a new president after current incumbent Alex Bellos announced his departure.

Profits declined at sofa maker Lebus Upholstery last year as the Lincolnshire manufacturer grappled higher labour and raw materials costs in the year of its sale to employees.

The National Bed Federation (NBF) named the winners of its 2022 Bed Industry Awards on Tuesday night with both Dreams and Glasswells two-time winners among 11 awards handed out in all.

The owner of the company behind the Yark Beds online beds business has acquired an outdoor products and garden furniture ecommerce website following an insolvent buyout.

Soft furnishings retail chain Julian Charles Home followed through on its vow to return to profit through 2021/22 as it continued to bounce back under its new owner.

A complaint to the U.K. advertising watchdog by German mattress company Emma has resulted in a rebuke for rival Simba Sleep regarding a price promotion it ran on its website.

Direct-to-consumer mattress and sleep ancillary products brand Eve Sleep says it will take the appropriate steps to preserve value for creditors if further funding or a firm offer to buy the business is not received soon.

French furniture and home accents retailer Maisons du Monde has collected the first dividends from its U.K. ecommerce operation since it launched here six years ago.

Furniture, fashion and lifestyle retailer Oliver Bonas deleveraged last year after it generated almost £12 million of operating cashflow during a record trading period.

The largest shareholder in publicly-listed U.S. mattress and bedding company Purple Innovation wants to buy the business outright in a deal that would value it at $362 million (£317m).

Business that formerly ran wall art and picture frames ecommerce enterprise lines up Quantuma officials as potential restructuring advisors.

London based upholstery retailer The Sofa & Chair Co has seen its liabilities slashed after HM Revenue & Customs backed a company voluntary arrangement (CVA) that sees millions of pounds of debt compromised.

Home merchandise sales declined for department store chain John Lewis & Partners in the six months to end July as pandemic demand trends began to unwind.

Furniture and lighting retail sales declined by more than £37 million year-on-year in August as price inflation failed to keep the value of sales positive in the category.

Furniture, lighting and home accents retailer Made.com Group (Made) plumbed new depths on Thursday as the market capitalisation of the business fell to below £25 million for the first time.



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