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

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.

sofaProductionFarEast
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.

steinhoffHQ
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.

Profits climbed at West Midlands motion furniture manufacturer Furmanac in 2017–18 after margin improvement from taking its fleet inhouse and a tax credit countered the impact of lower sales.

An aborted financing exercise that left Victoria's chairman angered by onlookers with "less than pure" motives cost the acquisitive floorcoverings group a high seven-figure sum in wasted fees.

harveysIdolCollection2019
The new Idol collection.
National furniture retailer Harveys has added a second collection in collaboration with celebrity Louise Redknapp, building on the launch of its Bold by Louise programme last September.

marksSpencerHomeInternal
M&S needs to move on at pace to address longstanding issues, CEO Steve Rowe said.
Jill McDonald, md of Clothing and Home at Marks and Spencer Group (M&S), is to leave the business, the retailer announced today.

MattressInsides
Baring its teeth: The NBF has been randomly purchasing and testing mattresses to expose and root out bad practice. This mattress didn't contain the advertised fillings.
16 of 49 mattresses, beds and headboards bought randomly and tested by the National Bed Federation (NBF) either failed flammability checks, or were borderline failures. Some didn't contain the fillings advertised.

Balta, the Belgian floorcoverings manufacturing group whose U.K. and Ireland sales number well over £100 million, has named the new head of its carpet production business.

dfsWhiteCity2018
All DFS brands delivered like-for-like growth, the retailer said.
Sofa market leader DFS said underlying gross sales have climbed by 7 percent in the year to end June, but cautioned that its progress moving forward is partly dependent on factors outside its control.

sprinksSpringsFactory
The Spinks Springs factory in Leeds.
The components arm of the Harrison Spinks mattress and bed technology group says its new spring system could redefine the beds sector in the same way bonnell springs and memory foam did years before.

The release of 2018 manufacturing data across U.K. industry by the Office for National Statistics leaves us with a complete picture of the key furniture and floorcoverings categories when combined with already-known import/export data.

fishpoolsFW
Fishpools' Waltham Cross store.
Independent retailer Fishpools built profits and cash and near-maintained sales in what it described as a 'rock solid' performance against a backdrop of trading headwinds for the retail sector.

Lieven Vandendriessche has been appointed CEO of Latexco Group, the family of Luc and Carole Maes and the board of directors have announced.

Follows transfer of stocks hitherto controlled by high-profile investment manager Neil Woodford.

Homeware retailer Dunelm Group said sales advanced in double-digits in the 13-week period to June 29 as it made the most of a weak comparative period and favourable weather.

John Lewis & Partners' sales advanced for the second straight week buoyed chiefly by higher fashion demand. Home goods also returned to growth, inching up 0.5 percent.

keithWilsonLaZBoy
Keith Wilson has been prompted to president, International at La-Z-Boy.
Former La-Z-Boy U.K. md Keith Wilson has been promoted for the second time in just over a year, becoming responsible for all non-U.S. business at the upholstery giant after being named president, International.

The independent retailer behind the MyHaus and Cult Furniture brands enjoyed bumper sales growth in 2017–18, new accounts reveal.

Consumers deferred non-essential purchases as June sales fell after annualising against strong comparatives according to the British Retail Consortium (BRC).

FurnitureVillage Thirty
The Thirty collection is available for customers to buy until December 2019.
National retailer Furniture Village has put together a limited-edition collection of upholstery, cabinet and beds in partnership with five suppliers to mark its 30th anniversary.

The Archwood home improvement group, owner of flooring business Atkinson & Kirby and other timber products businesses, incurred a further loss in 2017–18 after revenue fell and costs increased.

classicFurniture
The importer's home at Binbrook Technical Park, Lincolnshire.
Case goods distributor Classic Furniture narrowed its trading deficit in 2017–18 after efforts to address margin and strengthen its supply chain yielded improvements.

cabinetMaking
BFM drills down into the issues affecting furniture manufacturers.
One in four furniture manufacturers have made redundancies and nearly one sixth introduced short-term working as producers grapple with some of the most challenging trading conditions in years, according to a survey by BFM.

Philip Dieperink, the former U.K. and now group chief financial officer at Steinhoff International Holdings, is to leave the conglomerate December 31, 2019.

No furniture or floorcoverings specialists are among Britain's very largest private companies but several with an interest in the home furnishings sector did maker this year's Top Track 100 list.

jyskOnline2019
U.K. ranks Number 1 out of over 50 markets.
Danish furniture conglomerate JYSK, which trades across more than 50 countries worldwide, says Britain is its number one market for online sales.

mattressFilling
Mattress production climbed though the overall bed market was impacted by divan production.
British furniture manufacturers' collective output declined last year with cabinet furniture producers and sofa makers among those seeing the biggest falls, new figures for 2018 reveal.

Oliver Bonas, the British retailer which carries occasional furniture among a comprehensive lifestyle product offer, enjoyed double-digit growth in 2018. Profits declined on cost headwinds.

conforamaFW
Conforama is one of Europe's largest furniture retailers.
Conforama, the French furniture and electricals chain which last year generated sales of €3.4 billion, is to downsize its store estate and cut staff headcount.

Heritage bedding and soft furnishings supplier Bedeck returned to profit in 2017–18 after it recorded lower operating charges and an increase in revenue.

Mattress brand Casper Sleep has added a third mattress to its U.K. offer, a hybrid combining comfort foam with innersprings.

barkersHomeNorthallerton
Barkers invested heavily improving its dedicated Home store.
The North Yorkshire company behind the Barkers Home furnishings superstore enjoyed a seventh straight year of top line growth in 2018–19.

French furniture and décor retailer Maisons du Monde, which sells in the U.K. online and through Debenhams concessions, has acquired a majority stake in a compatriot business that provides consumers with inexpensive interior design services.

Danzer, the €202 million turnover decorative hardwood supplier that lists manufacturers of floorcoverings and furniture among its clientele, is to close one of its European factories.

General merchandise revenue fell for Argos owner J Sainsbury in the 16 weeks to June 29 but the retail giant claimed it had secured a bigger slice of the overall pie for itself in a tough market.

Industry fundraisers in Yorkshire generated over £3,000 for The Furniture Makers’ Company at the fourth annual curry night, which took place June 13.

savoir360
The Three Sixty bed by Savoir has just gone into Harrods. The model pictured retails for £330,000.
Savoir, whose beds retail for an average of about £25,000 each, posted record sales and a high single-digit net margin in 2018 after it consolidated its presence in key international markets.

Floorcoverings wholesaler Valley Carpets built cash and sales in the year to September 30, 2018 as it capitalised on its enlarged warehousing capability. Profits declined.

Steinhoff International Holdings has launched legal action against two former senior executives in a bid to recover earnings they received before the group became embroiled in an accounting scandal.

johnLewisCorporateJune2019
John Lewis & Partners' home sales declined.
For the second straight week, department store chain John Lewis & Partners racked up its highest grossing seven-day period in 2019. Home sales, however, failed to match year-earlier levels.

willisGambier
New product design is already underway, Birlea said.
Birlea Furniture has confirmed the acquisition of the Willis & Gambier brand and intellectual property rights, saying the deal sparks the beginning of an exciting new chapter.

BigShots2019
From left: Charlie Harrison, director of multichannel at Big Shots supporter Furniture Village, former England rugby player Victor Ubogu, Dids Macdonald OBE and Jonny Westbrooke, master and CEO respectively of The Furniture Makers’ Company.
44 teams and nearly 200 people from across the furniture trade participated in the 25th edition of Big Shots, historically the biggest fundraiser in the annual calendar of The Furniture Makers' Company, the industry's dedicated charity.

cormarHemel
Cormar's new Hemel Hempstead distribution centre spans 130,000sqft.
Sales jumped in high single-digits for Bury carpet maker Cormar in 2017–18 with the company controlling costs to return to bottom line growth.

Revenue jumped by more than a fifth for North West soft furnishings supplier Cleland McIver in 2017–18 as the privately-owned company built on its investment in new warehousing.

R.A. Irwin & Company, which produces mattress ticking and window blind fabrics, recorded a bigger loss in 2017–18 but maintained sales and boosted cash.

Sales pass £13m for Northern Ireland headquartered carpet and floorcoverings distributor.

East Midlands based furniture distributor Birlea has acquired bedroom and dining cabinet brand Willis & Gambier from Far East conglomerate Samson Holding.

BentleyDesignsSymmetry Bicester
Bentley's Symmetry Park, Bicester distribution centre.
Furniture designer, importer and wholesaler Bentley Designs moved back to profit in 2017–18 after a positive change in gross margin. Sales were lower for the third straight year.

High-end fabrics company Walker Greenbank has made a distribution agreement with Kravet to replace Robert Allen Duralee as the U.S. distributor of its Clarke & Clarke and Studio G brands.

Expanding kitchens vertical Wren is planning a Midlands recruitment event, where it hopes to offer an instant route back into work for staff impacted by the insolvency of retailer Bathstore.

multiyorkTottenhamCourtRd
Multiyork's empty Tottenham Court Road store, subsequently taken over by IKEA for a planning studio.
Former employees of Multiyork have received a combined six-figure sum after an Employment Tribunal found the upholstery vertical failed in its legal obligation to its staff during the redundancy consultation period before its 2017 collapse.

Prestige kitchen and bedroom furniture maker and retailer Roundhouse booked lower underlying revenue in 2018 but the value of deposits held at the year-end indicate it may reverse that this year.

DreamsHQ 2018
Dreams has been owned by Sun Capital since 2013.
Sun Capital, the private equity company that owns Dreams, collected an eight-figure dividend last year after the debt-free national bed specialist generated more cash than it had in the previous year.

The majority if not all of Steinhoff's U.K. corporate entities have shortened their 2017–18 financial year by a day, meaning accounts for the period are now not due for another three months.

bedRetailGeneric2018
Confidence for major purchases fell to its lowest level since November.
Consumer confidence slid in June with Brits' collective propensity to splash out on high value items such as furniture falling to its lowest level since November last year.

East Midlands upholstery and soft furnishings producer Leisure Furnishings found extra margin in 2017–18, countering the impacting of lower sales.

The West Yorkshire company behind the Burmatex carpets business has warned half-year profits will be lower than last year after a weak second quarter.