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

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

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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Whitemeadow made the list for the fourth time.
Well over a dozen furniture and flooring industry businesses have been featured in the 1,000 Companies To Inspire Britain 2019 report, including sofa maker Whitemeadow and guest bed producer Jay-Be.

The latest company to trade the heritage Wesley Barrell high-end upholstery brand accumulated near seven-figure debts despite ceasing to trade within weeks of buying the business.

Furniture makers price inflation eased to its shallowest rate in over five years last month, driven by a sharp month-to-month decline in the rate for kitchen manufacturers.

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Kingfisher, owner of B&Q, has a new chief executive.
Kingfisher, owner of home improvement giant B&Q, has named the head of French supermarket conglomerate Carrefour's Asia business as successor to outgoing CEO Véronique Laury.

Board change for owner of Britain's biggest beds manufacturer.

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Matratzen Concord faces "liquidity constraints."
Dutch bedding group Beter Bed Holding says it will consider offers for the Matratzen Concord retail chain, its largest individual business unit operating hundreds of stores across several European markets.

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Oak Furnitureland has about 100 U.K. stores and is the market leader in solid hardwood furniture sales.
Competitors hoping to pore over the finances of Britain's biggest hardwood furniture retailer could face a potential wait after Oak Furnitureland pushed out its latest year-end.

The privately-owned Preston design and manufacturing group behind the iLiv and SMD interior textiles brands built a bigger export business in 2017–18.

Crate and Barrel, the European-owned furniture retailer with stores across the U.S., has bought Hudson Grace, a boutique home décor, entertaining and gift brand based in San Francisco.

John Lewis posted its highest grossing full week of the year to date but year-on-year sales still declined with home goods among the fallers in the seven days to June 22.

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Carpetright sells beds in nearly 200 stores, making it one of the biggest sellers of mattresses in the U.K.
Bed sales dropped more than a quarter as the category proved troublesome for the recovering Carpetright retail chain in 2018–19.

The downsizing at floorcoverings chain Carpetright hasn't diminished its market leadership says the retailer's CEO as the company disclosed full year 2018–19 results.

Revenue fell and losses widened ahead of the prepack sale of the business and assets of bedroom cabinet manufacturer Harrison Brothers (Furniture), administrators have disclosed.

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At The Helm's new gallery concept.
At the Helm, the new brand launched by upholstery supplier Hydeline Furniture at the beginning of 2019, is introducing an instore gallery concept to leading U.K. retailers.

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Supporters believe the regs have saved many lives since their introduction in 1988.
Loved, loathed or tolerated, Britain's furniture fire regulations are some of the most stringent in the world. Introduced in 1988, they are also in need of a serious overhaul.

Sofa.com, the Sports Direct International owned upholstery vertical, is to double the size of its instore concession inside House of Fraser's Bristol store, barely six months after it opened.

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Retailers shifted more upholstery in May.
Higher upholstery sales led the way as furniture retailers enjoyed year-on-year growth in May.

New role for former Silentnight and Harrison Spinks executive.

Privately-owned kitchen furniture producer Burbidge slipped to a 2017–18 deficit after revenue fell and its cost of sales increased. A pension gain boosted its book value.

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Lars Larsen Group's new chairman Jacob Brunsborg.
Lars Larsen, chairman of the eponymous furniture group that owns global companies including JYSK, ILVA and Actona, is stepping down as chairman. His son, Jacob Brunsborg, is to succeed him with immediate effect.

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98 percent of Sharps' business is derived from bedroom furniture sales.
Fitted bedrooms vertical Sharps maintained forward momentum in the six months to end March as the manufacturer and retailer shrugged off a tough macro environment to increase sales and profits.

Sharps, the 78-store bedroom furniture maker and retailer backed by Sun Capital Partners, is planning to list corporate bonds issued last year on a Swedish exchange.

The conglomerate behind the West Elm furniture retail brand has identified key markets for its international expansion programme, with Western Europe and existing territories such as the U.K. among them.

Balance sheet boost for privately-owned Kent furniture retailer.

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The Sleepeezee team presenting a cheque to the British Heart Foundation.
Strood bed maker Sleepeezee says it has given £250,000 to good causes over the past three years, supporting a range of local and national charities as part of its ongoing corporate social responsibility (CSR) programme.

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Dunelm says out-of-the-ordinary weather helped trade.
Furniture and homewares retailer Dunelm Group says profits will be higher than analysts' expectations after the weather helped boost late spring trade.

Consumer price inflation for furniture and furnishings moved out of deflationary territory to its joint highest figure in 13 months in May, new Government figures reveal.

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Parlane is among the U.K.'s largest home accents and décor wholesalers.
Parlane International, the home accents company acquired by designer, manufacturer and distributor Gallery Direct earlier this year, is to clear £2 million of stock ahead of a warehouse move.

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Sigma 3's Moda modern bedroom range.
Kitchen, bedroom and home office furniture maker and retailer Sigma 3 posted sales growth in 2017–18 but profits declined as higher costs impacted margins.

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Dreams was bought by Sun European in 2013.
Bed specialist Dreams says sales and profits advanced again despite a difficult U.K. retail backdrop last year, a fifth straight improvement since it was bought by private equity company Sun Capital Partners in 2013.

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Steinhoff owns both the Harveys and Bensons for Beds businesses.
Customer confidence in the Bensons for Beds and Harveys retail chains was negatively impacted by the noise surrounding their owner, parent company Steinhoff said last night.

Losses at Steinhoff's U.K. household goods division deepened in 2017–18, the period that took in the disclosure of accounting irregularities at its parent company.

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Tempur Sealy products will go back into 2,500 Mattress Firm stores during the final quarter of 2019.
Tempur Sealy International, the world's biggest bedding producer, says it has agreed a new supply agreement with Mattress Firm, the Steinhoff-owned retail giant, in a move that reverses the high-profile split between the parties two years ago.

Home sales advanced for the second straight week at John Lewis & Partners as total revenue across the chain advanced to a 20-week high.

Diversified distributor Supreme Imports has acquired lighting retailer LED Hut in an insolvent buyout brokered by administrators at KPMG. The deal safeguards 30 jobs.

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The business ceased trading in the spring of this year.
The phoenix company behind the brief resurrection of the vertically-integrated Wesley Barrell upholstery business has been placed into liquidation, more than two months after staff were told of its closure.

Upholstered furniture producer Zhejiang Henglin Chair Industry, more commonly known as Henglin, has acquired Swiss office furniture maker Lista Office Group in a move that builds out its manufacturing operations beyond China.

Internet furniture retailer books six-figure profits for second year in a row as it reverses earlier deficits.