The latest industry news and analysis—across all categories—listed in chronological order, with the most recent articles first.

Decosit, the one-time dominant European trade fair for upholstery fabrics, will return this autumn after the show that succeeded it was cancelled.

Diversified mattress maker and foam product supplier Comfortex bucked market headwinds to grow sales and profits in 2018, new accounts show.

Bankers and other creditors face a shortfall following the prepack sale of ecommerce lighting retailer LED Hut to a major North West importer, which was announced earlier this summer.

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Seven-figure funding round for LuxDeco.
High-end furniture and home décor ecommerce platform LuxDeco is raising cash from investors to fund plans to turn it into a £35 million revenue business by 2021.

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Boardroom change at Steinhoff.
Angela Krüger-Steinhoff and Steve Booysen have notified Steinhoff International Holdings they will both resign from the supervisory board.

The French owner of the Habitat furniture and interiors store chain outside the U.K. halved its trading deficit for the brand in the first half of 2018–19 as it cut loose its loss-making German stores.

Blaine Callard has left his post as CEO of the Irish arm of furniture and electricals retailer Harvey Norman after agreeing to run 50-store Australian chain Freedom Furniture.

The U.S. rescuer of the Smallbone of Devizes and Mark Wilkinson Furniture luxury kitchen companies has added another Wiltshire business after completing an insolvent takeover earlier this month.

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New multi-million U.K. funding for JYSK.
JYSK, the inexpensive Danish furniture and homewares retailer, pumped fresh equity into its U.K. business ahead of a store buildout programme this year.

Worldwide sales advanced for Tempur Sealy International in the second quarter after its fast-growing direct business outpaced declining wholesale revenues.

Thomas Netzer is to be promoted to chief operating officer for home furnishings retail giant Wayfair after the company announced James Savarese, the current incumbent, will retire this year.

Headlam, Europe's largest floorcoverings distributor, is this week hosting a sod-cutting ceremony at its long-planned 190,000sqft distribution centre in Suffolk.

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Mike and Caroline Murray, directors at Land of Beds
Third generation Land of Beds, one of the country's largest privately-owned specialist retailers, won Silver in the retail section of the National Family Business Awards.

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16 industry companies filed for insolvency in the week to July 19.
The insolvencies of well over a dozen furniture, furnishings and floorcoverings companies were announced last week in one of the worst periods for the sector since records began.

Houseology, the designer furniture and homewares retailer which hopes to rack up sales of £14 million this year, has appointed Shane Corstorphine as successor to Bill Dobbie as chairman.

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Buyers are interested in the circa 800-store chain.
Pan-European retailer Beter Bed Holding says it has received "serious interest" from several parties for its Matratzen Concord chain with a full or partial exit likely before the year is out.

Findel, the home shopping group behind the Studio multi-product retail business, has issued a bullish trading update ahead of the planned name change that shareholders will vote on today.

Ecommerce and catalogue retailer Shop Direct, owner of the Very and Littlewoods brands, has appointed senior Boots executive Guy Farmer as trading director.

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The company's stores across northern England are to close. Image: Google.
A three-store furniture retailer and its sister import and wholesale business that at one time generated approaching £10 million a year in sales, are to close within days.

U.K. half-year profits declined for Magnet owner Nobia despite it picking up more trade business to counter the impact of weak retail sales.

Higher costs and impairment charges meant flooring and beds retailer United Carpets Group booked lower profits in 2018–19, despite recording higher revenue.

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John Lewis' Cambridge store.
Summer clearance ended at John Lewis & Partners last week with the employee-owned retail chain growing total sales by 1.3 percent to £81.4 million for the seven-day period.

Designer Contracts, the multi-depot national floorcoverings supplier, has promoted five executives across the business including naming Lee Hassett as divisional director.

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Birlea Furniture's Castle Donington base.
Privately-owned importer and distributor Birlea Furniture posted a third straight double-digit sales climb last year with it saying further gains on the way. Profits also rose.

Diversified Far East furniture manufacturing giant Green River Group is divesting another of its furniture factories after agreeing the sale of a majority stake in a case goods plant to Samson Holding.

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Otty Sleep CEO Michal Szlas, one of three finalists from the beds, bedding sector.
The founders behind three emerging companies in the mattress and bedding sectors have been shortlisted for NatWest Great British Entrepreneur Awards.

No foam or glue will be used in the production of all new mattresses going into development from now onwards, Leeds bed maker Harrison Spinks has pledged.

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Stamford Bridge, Chelsea will host the event again in 2020.
The 2020 edition of BFM London Fabric, the upholstery and soft furnishings fabrics exhibition formerly called London Fabric, will take place February 25–26, 2020.

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Ely's of Wimbledon is one of the flagship stores in the Morleys portfolio.
Profits jumped three-fold for independent department store group Morleys in 2018–19 after the retailer made big gains from property sales.

Harveys continued to rationalise its store portfolio in the six months to end March and has now shut 24 shops within the past two years.

Producer price inflation for mattresses widened to its highest level since the beginning of 2017 last month but, as the chart below shows, remains at a low level.

Acquisitive floorcoverings manufacturer and distributor Victoria successfully placed £330 million of senior secured notes with bond investors Friday, revealing the pricing for the first time.

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Visitor numbers were in line with last year's edition.
Organisers of the Manchester Furniture Show say they will build on the event's decades of heritage, with planning for the 2020 edition next summer already underway.

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First half sales advanced 305% year-on-year, Emma said.
Direct-to-consumer mattress brand Emma says a three-fold rise in first half sales has put the bed-in-a-box business on target to hit full year U.K. sales of £45 million in 2019.

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June sales improved against weak comparatives with last summer.
June saw furniture retailers recover some of the revenue lost last year when Britain was going through one of the hottest summers on record.

The Government has issued its long-anticipated response to a 2016 consultation on U.K. furniture fire regulations, promising new procedures “consistent with those taken for other consumer products.” But change may be some time away.

A new-look space within Harrods and the development of its sales within other multi-brand stores outside the capital can lift revenue for Ligne Roset, the French furniture brand said in just-filed accounts.

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Photograph: Graham Atkins-Hughes for Wayfair.
Wayfair will meet U.K. shoppers face-to-face for the first time with a new store in London. But only briefly, with the pop-up lasting for a single day.

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Eve said it narrowed half-year losses, but sales also fell.
Mattress brand Eve Sleep has agreed retail partnerships with three of the biggest names in the sector as it adds to existing tie-ups and replaces exposure lost following the end of trading relations with Dreams.

Consumer price inflation for furniture eased fractionally in June as retailers passed on a softer increase to their customers.

Stressless has become the latest big-name furniture brand to open its own U.K. retail showroom, taking a heavily-trafficked unit on one of London's prime furniture shopping streets.

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New advertising campaign goes live for Eve Sleep.
Eve Sleep has launched a new television advertising campaign and is following a well-trodden promotional path in the home goods industry, with the use of a fictional sloth.

Swan Retail, which majors in providing retail software to the furniture, garden and department store sectors, has acquired rival business Touchretail.

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Revenue climbed again for Whitemeadow.
Whitemeadow, the U.K.’s largest management-owned sofa maker, booked larger profits on higher sales in 2018 as it outperformed a declining wider market.

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Optimism among bed makers has fallen according to new data from the National Bed Federation.
Like-for-like bed sales fell 5 percent in the first quarter of 2019 according to the National Bed Federation's latest State of Trade report, though the volume fall was less severe.

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Shipments from China were a fifth higher.
Chinese, Malaysian and Vietnamese cabinet imports climbed sharply as the latest HMRC data dump annualised against issues with container ships arriving from Asia.

Flooring manufacturer and distributor Victoria is dusting off previously-jettisoned plans to launch a corporate bond, following through on comments made last week when it released its full year results.

John Lewis & Partners' sales advanced 1.3 percent last week on the back of high double-digit fashion revenue growth which countered weaker figures elsewhere.

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Imports of foam and sprung mattresses climbed in May, new figures show.
An upshift in the value of mattresses arriving from Denmark, home to Tempur's European manufacturing unit, helped power imports to their biggest growth since December last year.

Profits jumped at Preston based sofa covers business Plumbs as efforts going back to 2016 to prune the company's cost base continued to yield improvements.

Homewares manufacturer and distributor Portmeiron Group has agreed to buy U.S. company Nambé LLC for $12 million (£9.5m) in a cash deal that extends its reach into the North American market.

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Footfall was scarce in June.
Out-of-town retail parks, home to many of the U.K.'s largest furniture and floorcoverings retailers, saw fractionally more people last month against a wider backdrop of decline for physical store operators.

The release of full-year results from Sports Direct International, which had been due to be published this Thursday (July 18), has been delayed.

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Bensons maintained sales, but orders were down at Harveys.
Bensons for Beds continued to outgun its sister retailer Harveys as the U.K. household goods division of Steinhoff International Holdings narrowed losses in the six months to end March.

Belgian carpet imports declined in May for the first time since the beginning of the year. Overall arrivals were still up because of more goods shipped in from Turkey, China and India.

IKEA Industry, a manufacturing unit of the furniture retail conglomerate based out of the U.S. state of Virginia, is closing its factory there at the end of the year.

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Goods arriving from China are tracking well ahead of 2018.
May saw a big leap in the value of upholstery arriving from China as problems with containers arriving from the country a year ago continue to unwind.

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Euromillions: Steinhoff advisors received a bumper payout for work done in the first half of 2018–19.
Advisors to Steinhoff International Holdings were paid €82 million in fees in the six months to end March as the conglomerate continued "complex and technical work" to complete its financial restructuring and stabilise the group.

A one-off voluntary settlement with HM Revenue & Customs meant reported profits were lower at furniture and home accents wholesale giant Coach House in 2017–18. Its underlying performance continued to improve.

The failure of a customer and subdued demand weighed on sales for Scan-Thors (UK) in 2017–18, but the Yorkshire upholstery importer says it remains in a strong position to handle whatever the market throws at it.