A profitable online furniture retailer that claims to be among the largest of its type across Central and Eastern Europe has tapped bond investors for more funds as it targets further expansion.

A busy final quarter helped Stressless owner Ekornes achieve full year sales growth in the U.K. and Ireland last year, reversing earlier declines from the upholstery brand.

A new agreement with U.S. wholesale conglomerate Costco can pave the way for similar partnerships in other world markets, according to recliner maker IMG.

Gomersal mattress, bed and upholstered headboard maker MA Living has has acquired additional business space in nearby Leeds ahead of anticipated growth.

Higher demand from online retailers and DIY sheds helped diversified lighting and electricals supplier Luceco mitigate the impact of the pandemic last year.

B&Q owner Kingfisher says it will "rightsize" a number of its largest stores but expects total store numbers to climb as it looks to smaller compact formats to target urban areas.

The ecommerce group that acquired the IP of designer furniture and homeware retailer Houseology out of administration just over a year ago has seen its valuation fly following its latest equity issue.

Sweet Dreams says actions to mitigate the impact of reduced consumer confidence as a result of Brexit and the loss of sales to Bensons for Beds have yielded a positive impact. It has also helped it deal with the pandemic, it said.

Video sales interactivity between stores and consumers has snowballed during the past year and will be one of one of the innovations to outlive the pandemic, according to the head of the U.K.'s largest upholstery retailer.

Mattress and sleep brand Mammoth and the British Athletes Commission (BAC) have extended their long-running partnership for an additional year.

Modern furniture retailer and supplier Aram Designs has paid tribute to its founder and chairman Zeev Aram OBE, who died at home March 18, aged 89.

Plans to unlock the doors to non-essential retail have left consumers at their most ready to splash out on high-value goods such as furniture for a year, according to a closely-followed survey.

The conglomerate behind the West Elm retail fascia wants to double its international revenue by 2026 but has indicated it would not immediately look to add to its three dedicated U.K. showrooms.

Global furniture production fell sharply last year but the biggest market participants were hit less hard than their smaller contemporaries, according to a new report.

Higher sales helped profits rise sharply for the group behind gift and homeware wholesaler Lesser & Pavey in the run-up to the pandemic.

Burnley bed manufacturer Sweet Dreams has appointed Bradley Ravenscroft as its agent for the West Midlands.

Direct-to-consumer mattress and sleep company Eve Sleep cut losses and was cashflow neutral for the first time in its history as market tailwinds accelerated its turnaround last year.

DFS and ScS together with department store chain John Lewis all released financial statements in the past week and offered a reminder that accounts are not just a statutory document, but an exercise in public relations.

A flood of unforeseen claims will yield no change in outcome for the creditors of a now-long insolvent London furniture franchise as the company doesn't have enough assets to pay even the liquidator or professional advisors.

Structural cost savings and state support helped fitted furniture vertical John Lewis of Hungerford make inroads into losses in the six months to December 31, 2020.

The National Bed Federation (NBF) is to talk to parents and professionals working with children and young people in the Lincolnshire area as part of an online conference organised by The Sleep Charity.

Dreams, the U.K.'s largest beds retailer, has added the Sleep and Snooze brand to an expanding roster that already includes its core offer and the premium-pitched Feather & Black business.

Clockwork Components, a key supplier of components and accessories to U.K. upholstery and bedding manufacturers, has acquired Motionmex, a longtime distributor of Leggett & Platt recliner mechanisms.

Imports and exports of furniture and flooring fared worse than other goods and commodities in the first month since the end of the Brexit transition, initial Government data shows.

Privately-owned furniture, furnishings and giftware retailer Baytree Interiors will open an eleventh store when restrictions are eased, strengthening its presence in Yorkshire.

Furniture, flooring and homeware retailers in Scotland will be able to open a week ahead of their counterparts in England and Wales after the Scottish Government released its timetable for unlocking the economy.

ScS enjoyed a record first half as it delivered orders taken last year but the sofa and carpets retailer has seen a sharp fall in written business through lockdown despite customers pivoting online.

Living, dining and bedroom cabinet imports reached record levels in January with retailers and wholesalers bringing in never-before seen levels from both China and Vietnam.

The renascent Laura Ashley brand returned online yesterday and will have its own flagship space inside one of partner retailer Next's landmark stores when non-essential stores are allowed to reopen.

Rises from both inside the E.U. and out powered an increase in foam and sprung mattress imports in January, according to new figures.

National bed specialist Bensons for Beds has donated £34,810 to Mind, the mental health charity, as a result of sales of the Rollo by Slumberland rollup mattress over the winter period.

The CEOs of both DFS and Furniture Village say the structural shift-to-digital will lead to larger, destination-style furniture stores rather than retailers operating from small-sized formats.

Upholstery shipments fell back in January on weaker figures from both China and Poland, the two largest sources of foreign-made sofas sold in the U.K.

The chief commercial officer at U.K. Flooring Direct has become chief digital officer in a move that reflects the major flooring retailer's upscaled plans for digital technology investment.

The slog for Belgium's carpet makers continued at the start of 2021 with Britain's biggest trading partner for the category sustaining another sharp fall in the value of product arriving here.

The National Lighting Company, one of Europe's largest suppliers of lighting to the retail market, found improvement last year despite the non-linear nature of trading through the pandemic.

Retail chain John Lewis is bullish for strong home furnishings demand once lockdown eases as it looks to recover sales lost across the wide-ranging category through 2020–21.

The value of furniture output from U.K. furniture factories fell for the eleventh straight month on an annual basis in January according to official data out this morning.

Laura Ashley home ranges to be sold through the Next brand network will feature soft furnishings sourced through Ashley Wilde, the Hertfordshire headquartered fabrics group.

Tempur Sealy International, the world's largest bedding producer, plans to extend the maturity profile of its long term debt with a new $800 million (£572m) senior notes offering.

Much of the consumer shift online is permanent according to John Lewis, which says a pre-pandemic 60/40 sales split in favour of stores has been completely reversed and is expected to remain so in the future.

Tenants will be given three more months to generate cash and pay unpaid rent or renegotiate terms before landlords can legally try to oust them after the Government yesterday extended the ban on commercial evictions.

The Chancellor's decision to extend business rates relief will have been welcomed by retailers the length and breadth of the country. But in England, only independents are likely to benefit in a meaningful fashion.

Adjusted profits fell high single digits on a near €110 million sales drop for flooring giant Balta last year, with it slipping to a net loss overall after finance costs and non-cash write-downs.

International interior furnishings supplier Sanderson Design Group has relaunched websites for all its individual brands along with refreshing its corporate presence online.

Higher online sales in the U.K. and other markets worldwide helped Maisons du Monde partly mitigate the impact of store closures across the globe last year.

Furniture retailer Loaf, the poster child for an adroitly-executed clicks-to-bricks strategy, has reorganised its corporate structure in readiness for the next chapter in its development.

Furniture maker Sherborne Upholstery remained profitable and generated cash last year despite sales falling sharply on the back of Covid-induced factory and customer shutdowns.

Headlam, Europe's largest flooring wholesaler, says it will add almost 40 new trade counters over the next four years in response to rising demand from retailers and fitters for click-and-collect.

A new nylon yarn aimed at residential carpet makers contains 75 percent recycled material and is itself "endlessly recyclable" according to its Belgian proponent.

Retail sales inched ahead year-on-year in February despite the mandatory closure of non-essential stores, according to a closely-followed trade survey.

DFS, already the largest upholstery producer in the country, is mulling further investment in U.K. sofa manufacturing as the pandemic and Brexit have highlighted global supply chain complexities.

Peter Harrison and Tim Stacey, the CEOs of Furniture Village and DFS respectively, are the two panellists in the final webinar in the Innovation in Times of Crisis series from The Furniture Makers' Company.

Shareholders at Lancashire fitted furniture manufacturer J&J Ormerod (JJO) have decided to sell two thirds of the business to the company's employees, ending a long period of family ownership.

The South West Furniture and Bed Show has announced late May dates for its spring exhibition following the planned easing of restrictions surrounding indoor events.

Carpetright is testing two separate mattress and beds formats across 20 of its stores nationwide and online. It includes a revamped Sleepright proposition and a new retail brand concept called MattressStoreU.K.

The giants of British upholstery retail are pushing deeper into the growing sofa-in-a-box market segment to compete with emerging challenger brands and entry-level incumbents such as IKEA.

Furniture and flooring retailers in Wales will not pay business rates until 2022–23 at the earliest after the Welsh Government followed their counterparts in Scotland by extending relief for most retailers.

Furniture and lighting sales fell sharply in Ireland in January with the country's retailers only able to take new orders online with stores closed.

A West Yorkshire rug supplier has invested in new machinery that will boost capacity and take it into new markets with the aim of growing sales by a third.

Kent bed maker Sleepeezee has donated £18,000 to The Children's Hospital Charity in Sheffield, part of its commitment to share a cut of all sales from its Jessica mattress.

Planning documents reveal how RH, the U.S. furniture giant formerly known as Restoration Hardware, plans to reconfigure the London store that currently houses fashion brand Abercrombie & Fitch into its first London gallery.

The West Yorkshire wool supplier that owned heritage carpet maker Axminster until early last year has completed a restructuring process it initiated nearly two years ago to improve its finances.

The £2 million cap on business rates relief announced in the Budget on Wednesday is a "near worthless support package for large retailers," according to the store group behind Sofa.com and House of Fraser.

The diversified makeup of the privately-owned group behind Holt furniture, home and department store retailer Bakers & Larners meant it was able to carry on trading through the pandemic.

The 15th Scottish Interiors Showcase will rebrand for its first-ever digital event, which has been designed to be the first of many that will run alongside future in-person editions of the exhibition.

Ecommerce retailer MattressOnline recorded double-digit revenue growth and higher profits last year and said its inventory strategy helped it navigate the supply chain challenges thrown at it by the pandemic.

Italian mattress and sleep brand Dormeo continued to build momentum at its U.K. business last year saying the Covid situation has worked in its favour.

The franchisee behind BoConcept stores in London and large parts of southern England says Covid has made everyone realise "the primordial importance of a good home environment."

H.I.G., the U.S. headquartered investment group that bought Britain's biggest bed maker Silentnight a decade ago, has agreed a £25 million settlement with The Pensions Regulator (TPR).

The Chancellor has extended business rates relief for home furnishings retailers across England but stopped short of completely waiving the tax through the 2021–22 year.

Sterling Furniture Group, one of the U.K.'s largest privately-owned retailers, said it is confident demand for home furnishings will continue to be strong once stores reopen.

Danish furniture design brand BoConcept and U.S. furnishings conglomerate Haworth have announced a strategic partnership they say will open up access to global markets for both entities.

The Furniture Industry Research Association has published a guide to alternative materials and the pressures from specific consumer groups which might accelerate their adoption across the furniture trade.

The just-launched Cloud Sundae is the third upholstery programme from sofa-in-a-box brand Snug and stretches the company's price architecture into a more premium segment underpinned by new patent-pending technology.

Revenue was flat for the second straight year at Manchester based converter of curtain and upholstery fabrics Fryett's, according to new figures for the period leading up to the pandemic.

Lockdowns meant revenue fell in high single-digits for the group behind the Alstons, Ashley Manor and Alexander & James brands last year but high demand outside those periods prompted it to expand its production capability.

Recticel, the Belgian foam conglomerate, has begun plans to offload its dedicated finished bedding manufacturing business following a strategic review.

Demand for furniture and other key homemaker product categories delivered high double-digit growth for retailer Harvey Norman across all of the island of Ireland in the six months to end December.

Brockway Carpets slipped to a loss last year as a result one-off restructuring costs and the end of its financial year being hit by lockdown and customers such as John Lewis halting carpet operations.

The majority of Waitrose's 331-store supermarket network will become home to a mini-John Lewis store under plans being drawn up by the retail group, The Times reported this weekend.

Steve Warren has become sole managing director at heritage U.K. bed maker Sleepeezee with Howard Wilson having decided to take the first steps towards retirement after 45 years in the mattress industry.

Almost all U.K. bed manufacturers have already or will soon pass on rising input costs to retailers, according to a new poll by the National Bed Federation (NBF).

A ramp up in customer installations helped national bedroom retailer Sharps to a more than three-fold climb in profits in the final three months of 2020.

The parliamentarian representing one of the bed trade's most industrious areas says the furniture industry needs to take steps to ensure it is not over reliant on E.U. markets.

Continued top line growth last year helped ecommerce home and living giant Wayfair book its first profit since both its IPO in 2014 and its rebrand from CSN Stores a decade ago.

The CEO of Recticel has pinned rising prices for foam at the door of the chemicals sector, citing numerous force majeure events for creating supply shortages of polyols and isocyanates.

Profits more than doubled for the group behind the motion upholstery and beds brands Ashley Anderson and Willowbrook as revenue continued to rise in the lead up to the pandemic and in the period since.

Customers' pre-Brexit stockpiling prompted Glasswells, best known for its furniture retail business, to double capacity at its commercial storage arm.

Flooring manufacturer and wholesaler Victoria has issued £500 million of new bonds, more than 40 percent higher than originally planned after strong investor demand.

Two new Fabb Furniture stores will open for the first time when restrictions are eased in April with up to three more planned for later this year, by which time it will have completed rebranding its entire estate.

Peter Jenkins, who succeeded Dwell founder Aamir Ahmad as CEO two years ago, is to leave the DFS-owned urban furniture brand.

The chair of the All-Party Parliamentary Furniture Industry Group says he sees little chance for any adjustments to the non-essential retail category before April, all but extinguishing any lingering hopes for Easter store trade.

A combination of high demand and routine maintenance could reignite foam supply issues according to Europur, the European Association of Flexible Polyurethane Foam Block Manufacturers.

The ecommerce group behind the JD Williams and Home Essentials ecommerce and mail-order businesses has hired Ron McMillan as chairman to replace Matt Davies, who will step down at the end of March.

Carpet and vinyl flooring manufacturers and distributors are facing up to supply shortages and cost increases for yarn, PVC and other raw materials with a significant knock-on effect expected for retailers.

It could be almost May before furniture and floorcoverings retailers are able to reopen stores in Scotland but First Minister Nicola Sturgeon yesterday left the door ajar for a possible earlier return.

History could view the pandemic as the moment that sustainability issues went beyond awareness to actually influencing consumer decision-making, says a company at the vanguard of the circular beds economy.

A 650 basis point improvement in gross margin helped counter the impact of lower revenue at comfort foam supplier Carpenter in the period leading up to the pandemic.

Pan-European home and living retailer Home24 said sales jumped 42 percent in 2020 with the German-based business getting this year off to an even stronger start.

The liquidator and lawyers chasing the former owner of Collins & Hayes for a portion of the seven-figure sum his company received for selling its intellectual property have scored a victory in the battle to recoup funds for creditors.

J Sainsbury, the supermarket giant, has recapitalised the operating company of its Habitat furniture and homewares retail brand for the second time in three years.

An online retailer behind multiple branded bedding websites slipped to a loss last year after higher sales costs hit margins.

Carpet and flooring manufacturer and wholesaler Victoria is to refinance with a leverage-neutral bond issue for €350 million.

Furniture and flooring retailers in England face another seven weeks of mandated closure with the earliest possible reopening date being a week after the Easter Bank Holiday weekend, habitually a money-spinning period for the trade.

One in every three pounds spent on key furniture items such as sofas was spent online in 2020 as ecommerce surged and store sales fell sharply as a result of mandated shop closures and changing consumer behaviour.

David Fletcher has joined diversified Wakefield based manufacturer GNG Group as key accounts director for its beds division, including its Komfi brand.

Department store retailer John Lewis & Partners could close up to a further eight stores on top of a similar number that remained shut after the first lockdown last year, according to weekend press reports.

West Yorkshire bed manufacturer Duvalay has strengthened its senior leadership team with appointments that bolster its family-owned and run credentials.

Consumer big-ticket spend intention this month reached its highest level since February last year, according to polling company GfK.

The chairman of Harrison Spinks says the pandemic has accelerated the bed maker's pace of innovation with it having launched a product at "hyper speed" when it was forced to close last March.

Furniture and lighting sales dropped sharply as expected in January as a result of retailers only being able to deliver products rather than take new orders from anywhere other than the Internet.

Office furniture conglomerate Herman Miller says the business has invested heavily in product adaptation and online with retail becoming more important amid work-from-home directives in key markets.

Two MPs in furniture manufacturing strongholds will join the heads of Britain's leading industry trade associations for the second episode in the Innovation In Times Of Crisis webinar series.

China was the only major cabinet furniture source nation to match year-earlier levels in 2020 as the pandemic clipped imports into the U.K. from most key markets.

Rising upstream supply chain costs have reached the consumer, with furniture retail price inflation increasing to its highest level since October 2017.

A rush of imports in the final quarter meant Britain brought more foreign-made mattresses into the U.K. for the seventh year in a row in 2020.

National retailer Furniture Village has become one of the first companies in the industry to adopt testing at scale as it looks to remain at the vanguard of efforts to keep its business, employees and customers Covid secure.

Profits advanced at designer kitchenware and housewares brand Joseph Joseph in 2019–20 with the privately-owned design and wholesale company citing strong growth in the period since.

Shares in direct-to-consumer brand Eve Sleep reached their highest level since July 2019 after a tie-up between the mattress and ancillary products company and a wellness cannabis distributor was revealed.

A glut of containers arriving at U.K. ports from China in December meant sofa imports passed all previous record-highs for the second straight month as the industry rushed to get Christmas orders delivered.

Devon department store retailer Austins of Newton Abbot returned to profit in the year leading up to the pandemic on higher sales and wider margins.

The British Furniture Manufacturers (BFM) is supporting a series of virtual round table events as it looks to gather industry opinion on the sector's path to a net zero carbon future.

Carpet imports into the U.K. climbed for a second straight month in December but it was a miserable end to the year for Belgian manufacturers, who have suffered more than most through 2020.

The new owner of the Laura Ashley brand and other intellectual property has agreed a manufacturing and product development partnership with Graham & Brown, the wallpaper and paints manufacturer.

The owner of Bensons for Beds will recoup the vast majority of the debt it was owed from the prepack restructure of what was Blue Group according to a new report by restructuring advisors.

Profits climbed sharply at carpet maker Cormar in 2019–20 on the back of wider margins, surging demand following the first lockdown and after annualising non-recurring expenses from the previous year.

Online home, garden and living retailer Cox & Cox continued to build out sales in 2019–20 with it citing rapid growth in the furniture category as a key driver.

Dunelm deputy chairman Will Adderley has cut his stake in the company by selling his first shares in the homewares retailer in nearly five years.

The lobby group representing Britain's furniture industry has written to the Chancellor calling for support measures such as the furlough scheme to be extended when the Budget is announced next month.

SATRA Technology, the research and technology organisation, has become a corporate member of The Furniture Makers' Company, the industry charity and City of London livery company.

U.K. profits almost trebled for West Elm as the furniture retailer enjoyed a big bump in revenue in the period leading up to the pandemic. Sales and cashflow since have been helped by its growing ecommerce business.

U.K. furniture manufacturers' output was down by more than a fifth in 2020 after falling in 11 of the 12 months of the year as the industry grappled with the virus and restrictions on trade.

Retail demand returned strongly after the first lockdown last year but the chairman of Ulster Carpets says the future is less certain for contract markets because of the effect of the pandemic on the hospitality sector.

Leekes Retail and Leisure Group has bolstered its senior leadership team with the appointment of Joanna Littlejohn, its director of buying and merchandising, to its main board.

Ingka Investments, the Netherlands based operator of 378 IKEA stores worldwide, is to acquire a 49 percent stake in Ikano Bank with the option to buy the finance company outright at a later date.

Designer Contracts has expanded its presence in Scotland in response to exponential sales growth, the floorcoverings contractor and supplier says.

Profits fell at Silentnight last year as the U.K.'s largest bed manufacturer incurred higher costs including one-off legal expenses, a sign that its legacy pension challenges may be reaching a conclusion.

Sheffield furniture retailer Ponsford booked a sharp fall in revenue as a result of the pandemic but the privately-owned business still found earnings growth.

Britain's biggest bed maker Silentnight has confirmed that all bar one of the retail showrooms it has launched in the past three years will not reopen once restrictions are eased.

The three-store retailer behind the Daniel of Windsor department store and two dedicated beds and furnishings showrooms in West London slipped to a loss, on paper, in the period leading up to the pandemic.

Furniture Village is taking the store experience to the customer's home with the launch of an immersive 3D virtual showroom, enabling customers to digitally walk through one of its shops.

The value of furniture invoices going through the central paying agent of Associated Independent Stores (AIS) fell for the fourth consecutive year as a result of the first lockdown, though the buying group said some members managed to recover all of the lost turnover.

Dreams, Britain's largest beds retailer, is pushing ahead with store expansion including stores in North West and North East England.

South East furniture-to-fashion retailer Choice Discount Stores maintained sales in the year leading up to the pandemic and has time-lined when it hopes trade will kick start again.

BFM Fabric Show London is to take place at Twickenham Stadium from June 8–9, 2021, subject to small indoor trade events being permitted at the time.

SATRA Technology, whose diversified research and technology services include the testing of furniture and floorcoverings, is expanding its regular programme of technical webinars to include more topics of specific interest to those two sectors.

Half year profits jumped by a third for Dunelm with the diversified home retailer saying it delivered growth despite some rivals being allowed to remain open while its own stores were closed.

The company behind U.K. based Selfridges and Irish retailers Arnotts and Brown Thomas says the stores have been able to access hundreds of millions in debt finance to bolster liquidity amid the pandemic.

The group behind the Elphicks of Farnham department store business and a separate bed shop in nearby Dorking says it is positive for the future following the closure and subsequent sale of its New Malden store.



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