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- BEDS & MATTRESSES
The consultation process between Silentnight group and employees at its dedicated Sealy factory has been extended further into the summer, ahead of the plant's proposed closure.
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- SUPPLY & WHOLESALE
The U.K. Government has formally launched its Trade Credit Reinsurance scheme, which will protect furniture suppliers in the case of customer default and boost confidence along supply chains.
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- SUPPLY & WHOLESALE
Tariffs on the imports of selected furniture products into the U.K. will be reduced from January 1, 2021, making them cheaper to buy for distributors and retailers.
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- BEDS & MATTRESSES
Having gleaned millions out of the foam supply sector in a confidential settlement, the insolvency practitioner handling the continued fallout from the 2011 takeover of Britain's biggest bed maker has a new target for legal action.
- Details
- SUPPLY & WHOLESALE
Lightmakers, the company behind the multinational Light & Living wholesale brand, has acquired the business and assets of Gloucestershire home accents and décor supplier Parlane International.
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- SUPPLY & WHOLESALE
Samson Holding, the Far East furniture conglomerate that ran case goods distributor Willis & Gambier for 11 years until spring 2019, has disclosed the price achieved for the sale of its U.K. company assets.
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- UPHOLSTERY
Recliner giant La-Z-Boy said it will reduce its global workforce by 10 percent including the closure of its Newton, Mississippi upholstery factory as part of plans to realign its resources for the post Covid-19 era.
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- RETAIL & DISTRIBUTION
National retailer Wren Kitchens is to open 12 more stores before the year is out, starting with four new openings over the summer.
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- RETAIL & DISTRIBUTION
The venture debt provider that backed the 2017 buyout of Lombok faces an almost complete loss of its investment following the March collapse of the East-inspired furniture retailer, its third insolvency in a little over a decade.
- Details
- UPHOLSTERY
The biggest factory in the JDP Furniture Group was deprived of a seven-figure sum by the collapse of retailer Laura Ashley, precipitating its own demise just a few days later.
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- RETAIL & DISTRIBUTION
An associate of East/Colonial inspired furniture retailer Lombok acquired selected assets prior to its operating company folding earlier this year, but the brand's trading name and other intellectual property remains up for grabs.
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- RETAIL & DISTRIBUTION
Creditors of the three-store retailer Indigo Furniture face a forecast deficit of £1.1 million on sums outstanding from the company, according to new statutory filings.
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- BEDS & MATTRESSES
Privately-owned bed maker Hypnos says it will have fulfilled all outstanding orders by the end of June having returned to production last month.
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- RETAIL & DISTRIBUTION
High-level responsibility for furniture and homewares retailer Habitat has evolved again following the departure of James Brown as commercial director at the brand's parent company Sainsbury's.
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- RETAIL & DISTRIBUTION
Bensons for Beds has begun reopening a small number of its shops, starting with a phased relaunch of stores in the North, as more retailers across the country begin physical trading again.
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- RETAIL & DISTRIBUTION
The new owner of The Conran Shop agreed to pay all third-party debt as part of the spring takeover of the designer furniture and homewares retail business, but won't have to discharge intra-group liabilities.
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- ECOMMERCE
Multiple share issues net growth funds for VC-backed direct-to-consumer Gloucestershire based bedding retailer and wholesaler.
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- INTERNATIONAL
Global furniture retailer JYSK will today enter the Russian market for the first time, opening the first of four planned stores this year.
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- BEDS & MATTRESSES
One of the world's biggest companies plans to recycle the foam from end-of-life beds, turning it into new polyurethane products including, potentially, brand new mattresses.
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- RETAIL & DISTRIBUTION
Bedroom and home office furniture company Sharps continued to find revenue growth in the first quarter of 2020 despite the final weeks of the period being hit by the pandemic and Government-mandated store closures.
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- OPINION & ANALYSIS
Britain's furniture industry is reopening, but the hard decisions on jobs will still need to be made
There can be little doubt the Coronavirus Job Retention Scheme has, in the near-term, saved thousands of jobs across the U.K. furniture industry after the Government mandated the closure of non-essential retail stores late March.
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- BEDS & MATTRESSES
Leeds bed and mattress fillings manufacturer Harrison Spinks says it has this week resumed manufacturing on a safe and reduced scale.
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- TRADE & INDUSTRY
FIRA International, the Stevenage based furniture services provider, says its FIRA Service Technicians team is to begin a phased resumption of in-home customer visits.
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- RETAIL & DISTRIBUTION
Topps Tiles, the U.K.'s largest wall and floor tile retailer, will boost near-term liquidity with a sale and leaseback deal for its Leicester head office and central warehouse.
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- UPHOLSTERY
Rise and recline chair maker Celebrity Motion Furniture will reopen its factory today (June 1) after work behind the scenes to make the facility safe, and to restructure the business.
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- BEDS & MATTRESSES
Lawyers and advisors involved in the sale of the Breasley mattress production and foam conversion group to newly-formed companies will earn more than £590,000 combined for their work during and before the insolvency of the East Midlands business.
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- BEDS & MATTRESSES
The new owner of the mattress and beds division of Breasley agreed a £300,000 deal to acquire the Ilkeston based business, administrator Duff & Phelps has said in a new report for creditors.
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- RETAIL & DISTRIBUTION
The biggest impact on furniture suppliers from the collapse of Brighthouse looks to be the potential loss of future business, according to a new report by administrator Grant Thornton.
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- BEDS & MATTRESSES
The hoped-for buyout of Breasley's foam conversion operation by the Crowshaw family was completed mid-May, the administrator has said.
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- RETAIL & DISTRIBUTION
Dunelm has opened its debut high street small-format store with the launch of its new Dunelm Edit fascia in Sussex. Plans for the new unit were first reported a month ago.
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- RETAIL & DISTRIBUTION
General merchandise retailer B&M European Value Retail (B&M) said it enjoyed strong revenue growth in DIY and gardening categories in the first eight weeks of its new financial year.
- Details
- RETAIL & DISTRIBUTION
Some of the U.K.'s largest independent home furnishings retailers will this weekend reopen their stores, joining the handful of national chains that have already done so.
- Details
- REGIONAL
Lower pension costs and an uptick in revenue helped furniture retailer Gillies of Broughty Ferry record higher profits in the year to August 31, 2019.
- Details
- RETAIL & DISTRIBUTION
Companies owed cash by the imperilled Laura Ashley retail chain could yet get as much as 18 pence in the pound according to a new report by administrator PwC.
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- BEDS & MATTRESSES
Mattress and ancillary products vendor Eve Sleep say its path to profit continues with its performance in the four months to end April helping it extend its cash runway.
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- RETAIL & DISTRIBUTION
Administrators have disclosed the value of the sale of the global Laura Ashley brand rights, archive, related intellectual property (IP) and brand licence agreements for the first time.
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- SUPPLY & WHOLESALE
Almost a quarter of the workforce at the Laura Ashley-owned South Wales soft furnishings manufacturing business Texplan returned to work in order to produce scrubs for NHS staff.
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- SUPPLY & WHOLESALE
Litmus Furniture, the U.K. sole agent for bedroom manufacturer Wiemann, says it will resume operations next week. It will take orders and begin delivering and installing product from Monday June 1.
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- RETAIL & DISTRIBUTION
Retailers leasing stores owned by one of the country's largest landlords in the home merchandise sector saved cash by either not paying rent or cutting a deal to kick the can down the road following the lockdown order.
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- UPHOLSTERY
Mark Smith, CEO of upholstery group DM Midlands Holdings, has together with his wife Julie bought sofa retailer Arlo & Jacob out of administration, expanding the couple's personal interests in the sector.
- Details
- RETAIL & DISTRIBUTION
Big-four grocer Morrisons will expand its general merchandise footprint with the opening of a first standalone home and clothing unit on the site of an existing store in Derbyshire.
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- ECOMMERCE
Revenue growth accelerated for online furniture and homewares retailer Cox & Cox after the Government mandated the closure of stores and instructed people to stay at home.
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- COMMUNITY
The Furniture Makers’ Company, the City of London livery company and industry charity, has increased the support package available to employees and sole traders struggling financially because of Covid-19, and urged people to spread its message.
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- ECOMMERCE
Furniture retailer Made.com has agreed a new term loan and renewed an existing credit line as it looks to capitalise on growth opportunities and shield itself from risk.
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- REGIONAL
Underlying profits returned for the company behind regional home retailer Gardiner Haskins in a year that saw it reduce the scope of its Bristol operations by selling its Grade II listed Soapworks store building.
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- RETAIL & DISTRIBUTION
Retailer utilising former Bathstore shops, acquired last year, for new pilot format.
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- FLOORCOVERINGS
Any hopes U.K. and international carpet makers had for a flood of new orders from Headlam may be dashed as Europe's largest wholesaler said it would use existing inventory in the short-term.
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- RETAIL & DISTRIBUTION
Early May saw a second straight uptick in consumer confidence for major purchases according to a closely-followed survey, but progress is painfully slow.
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- OPINION & ANALYSIS
Furniture retailers have been told they can reopen their stores June 15 provided they have adequate Covid-19 measures in place. By then, hundreds of furniture shops across the country will have already been open for weeks.
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- RETAIL & DISTRIBUTION
Three-store retailer Indigo Furniture ceased trading earlier this spring after the lockdown prevented it delivering hundreds of thousands of pounds worth of stock, prompting it to run out of money.
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- RETAIL & DISTRIBUTION
Furniture and lighting sales tanked in April as all bar a handful of stores selling across the combined categories were closed, leaving online as the only viable sales channel.
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- UPHOLSTERY
Upholstery and carpets retailer ScS reopened its English store estate over the weekend and says it is now unwinding its order book after recommencing deliveries.
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- UPHOLSTERY
The coronavirus crisis has prompted Italian sofa maker Natuzzi to revise its ongoing transformation plan with the introduction of significant new cost-reduction and cash-saving measures.
- Details
- BEDS & MATTRESSES
Administrators have disclosed the detail behind the prepack sale of Burgess Beds to a U.S. investor, which we first reported early April.
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- UPHOLSTERY
Higher asset values and lower payables in newly-amended accounts from northern upholstery manufacturer.
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- INTERNATIONAL
Steinhoff International Holdings, part owner of Conforama and Mattress Firm, has appointed Moira Moses as the new chair of its supervisory board.
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- RETAIL & DISTRIBUTION
Privately-owned furniture retailer Barker and Stonehouse will reopen its stores June 1 with a campaign message — Let's Get Going Britain — aimed at supporting home-grown furniture manufacturers.
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- UPHOLSTERY
The pace of furniture store reopenings across England will gather momentum with upholstery market leader DFS to pull up the shutters on most of its store portfolio next week. Three stores will open today.
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- OPINION & ANALYSIS
When the JDP Furniture Group filed for insolvency at the beginning of April the outlook always looked brightest at one of the group's businesses.
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- UPHOLSTERY
Diversified East Midlands upholstery group JDP Furniture Group was among the first business casualties of the current crisis after Laura Ashley filed for administration.
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- BEDS & MATTRESSES
Jay-Be, a market leader in the guest bed sector, says sales are already rebounding despite the Covid-19 enforced lockdown, and that longer term it now has the capacity to double in size after investment last year.
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- UPHOLSTERY
Nelson sofa maker Buoyant Upholstery has been at the forefront of the U.K. furniture trade's response to the coronavirus outbreak, producing personal protective equipment (PPE) for front line workers.
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- RETAIL & DISTRIBUTION
Project restart continues with more retailers of furniture products now reopening some or all of their stores across England, where restrictions have been eased compared with other parts of the U.K.
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- RETAIL & DISTRIBUTION
One of the U.K.'s biggest wholesalers of bedroom products has pivoted towards sourcing personal protective equipment (PPE) during the pandemic and has now found a solution for retailers who are worried consumers may be reticent to try out mattresses instore once shops reopen.
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- SUPPLY & WHOLESALE
High-end furniture and lighting brand Gabriel Scott is expanding its U.K. and European distribution after it agreed a partnership with designer furniture retailer Nest to sell its products online.
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- RETAIL & DISTRIBUTION
Marks and Spencer Group (M&S), the general merchandise and food retailer, is to open up its business to third-party brands in a bid to boost its customer appeal and sales.
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- RETAIL & DISTRIBUTION
Store closures didn't stop furniture price inflation advancing last month, according to the Office for National Statistics, but eases at the factory gate and the need to generate sales means it will likely not last.
- Details
- TRADE & INDUSTRY
The British Furniture Confederation (BFC) has published the recommendations to emerge from a Parliamentary Inquiry into the impact of Covid-19 on the U.K. furniture industry.
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- UPHOLSTERY
Administrators say they have closed upholstery manufacturing unit Welbeck House and its sister business JDP Frames after they were unable to find buyers. The prospect for other group businesses is better.
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- UPHOLSTERY
Sofa sales trended down for the Thai owner of British upholstery brands Alexander & James, Ashley Manor and Alstons in the first quarter of 2020 as a result of the coronavirus pandemic impacting its business here and in the Far East.
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- SUPPLY & WHOLESALE
Parlane International, the home accents and décor wholesaler bought by Gallery Direct early last year, is for sale after being placed into administration.
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- UPHOLSTERY
The board departure of the senior-most finance official at Sofa.com leaves the upholstery vertical's director roster occupied entirely by senior figures from other parts of the Frasers Group.
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- BEDS & MATTRESSES
Furmanac, the adjustable furniture manufacturer behind the MiBed, MiChair and Hestia brands, maintained underlying profits in 2018–19 despite a fall in sales.
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- SUPPLY & WHOLESALE
The W Exhibition, the furniture manufacturing and joinery trade fair held every other year in Birmingham, has been postponed until September next year.
- Details
- TRADE & INDUSTRY
The British Furniture Manufacturers' (BFM) trade association is canvassing the opinion of stakeholders as it prepares a new push to encourage consumers to buy U.K. made furniture.
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- OPINION & ANALYSIS
Having opened six stores over the weekend as part of a 'safety trial', Furniture Village CEO Peter Harrison says he hopes all 52 of its nationwide network will be open by the coming Bank Holiday weekend.
- Details
- ECOMMERCE
N Brown, the home shopping group, says the launch of a standalone furniture and homewares business has provided a sales fillip amid a challenging backdrop.
- Details
- RETAIL & DISTRIBUTION
Comply with social distancing guidelines and gain approval from your legal brief and you can open your store immediately, a state official has told one of the U.K. home furnishing industry's leading trade associations.
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- INTERNATIONAL
Heather Sonn, who has led the supervisory board of Steinhoff International Holdings since soon after accounting irregularities came to light late 2017, has resigned as chairperson.
- Details
- CASE GOODS
U.K. interest in a prestige American cabinetry brand remains high despite the closure of the company behind its London showroom last month.
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- RETAIL & DISTRIBUTION
National retailer Furniture Village is reopening a handful of its stores across the country having implemented new measures to safeguard both customers and employees.
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- TRADE & INDUSTRY
At least 42 entrepreneurs and families with ties to the U.K. furniture and furnishings industry are among the 1,000 richest people in the country, according to The Sunday Times Rich List 2020.
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- OPINION & ANALYSIS
The role logistics businesses play in ensuring goods are transported around the country and get to where they are needed has never been more important, writes Chris Knight, director at specialist two-person furniture delivery company Keen & Able.
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- UPHOLSTERY
Recliner giant Man Wah cited Brexit, labour strikes and high Government burdens as it recorded a decline in upholstery sales across Europe through its 2019–20 financial year.
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- INTERNATIONAL
French furniture and home accents retailer Maisons du Monde has given up plans to build a network of stores for its core brand in the U.S., and will instead focus on the Modani business it bought in 2018.
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- RETAIL & DISTRIBUTION
Two-man furniture delivery crews are back on the road as U.K. furniture retailers unwind their order books ahead of a hoped-for June store re-opening.
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- BEDS & MATTRESSES
Imports of foam and sprung constructed mattresses declined again in March, meaning they have fallen every month on an annual basis since September last year.
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- ECOMMERCE
French furniture and home accents retailer Maisons du Monde said online orders in April skyrocketed, but it didn't list the U.K. among its top performing markets.
- Details
- FLOORCOVERINGS
Having declined by a third in February, the value of carpets arriving on British shores diminished further at the end of the first quarter.
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- RETAIL & DISTRIBUTION
Marks & Spencer has brought forward the arrival of its new Clothing and Home managing director in a move that will free up more time for Steve Rowe, its chief executive.
- Details
- BEDS & MATTRESSES
Tempur Sealy International, the world's largest bedding manufacturer, has agreed incremental borrowing to improve its liquidity position.
- Details
- UPHOLSTERY
Upholstery shipments from China plumbed new depths at the end of the first quarter as the impact of early-year factory closures in the Far East took their toll.
- Details
- RETAIL & DISTRIBUTION
The U.K. Government is to guarantee business-to-business transactions currently supported by Trade Credit Insurance, a decision that could prevent some furniture retailers from toppling over.
- Details
- UPHOLSTERY
Chris Woodcock is to retire as managing director at Wade Spring, a key supplier to the U.K.'s sofa and bedding industry, after 33 years with the business.
- Details
- ECOMMERCE
Wayfair was not alone in seeing demand almost double in April with one of its biggest pan-European rivals seeing a similar upswing in demand as more customers stayed home and shopped online.
- Details
- ECOMMERCE
Large pan-European furniture retailer Beliani — whose operations include a dedicated U.K. storefront — has become one of the first major home ecommerce businesses to accept cryptocurrency payments.
- Details
- RETAIL & DISTRIBUTION
With stores shut and warehouses full-to-the-brim with stock from orders taken in the first two months of the year, a leap in cancellations has been among furniture retailers' biggest fears amid the coronavirus pandemic.
- Details
- SUPPLY & WHOLESALE
Floorcoverings and furnishings distributor Designer Contracts, a major supplier to the housebuilder industry, doubled profits last year after a large spike in output.
- Details
- BEDS & MATTRESSES
Casper Sleep, the direct-to-consumer mattress business that will exit the U.K. market at the end of this year, maintained upward sales momentum at the beginning of Q2 despite the closure of its store channel.
- Details
- BEDS & MATTRESSES
Sleepeezee is among the first of Britain's heavyweight manufacturers to resume production having introduced new safety measures spanning the reorganisation of its factory to the issue of personal protective equipment (PPE) for employees.
- Details
- COMMUNITY
David Woodward, founder and director of upscale sofa maker and logistics company Celtheath, has been installed as the 59th Master of The Furniture Makers’ Company, the industry's dedicated charity and livery company.
- Details
- TRADE & INDUSTRY
BFM, the British Furniture Manufacturers, says the Government's decision to extend the Job Retention Scheme has avoided a "looming cliff edge" for U.K. manufacturers.
- Details
- ECOMMERCE
Studio, the major general merchandise retailer that is transitioning from paper to digital distance selling, has appointed a new trading director with more than 15 years' senior experience.
- Details
- RETAIL & DISTRIBUTION
Retail giant B&Q said sales fell by more than a fifth in the three months to end April but have recovered sharply after it re-opened its stores with new safety protocols in place.
- Details
- OPINION & ANALYSIS
Having reshaped Britain's beds market in short order, the direct-to-consumer rolled-and-folded mattress segment is morphing again, at pace.
- Details
- BEDS & MATTRESSES
Pin-Wen Hung, the sole director and shareholder in Bedfordshire wholesaler Your China, has acquired the mattress and bedding business of Breasley through a newly-formed company.
- Details
- RETAIL & DISTRIBUTION
June 1 has been pencilled in by many U.K. furniture retailers as the earliest possible re-opening date after the Prime Minister announced the Government's plan to begin easing lockdown restrictions.
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- BEDS & MATTRESSES
An affiliate of Healthcare Co., the Chinese conglomerate behind the Mlily brand, is to increase its stake in British direct-to-consumer mattress brand Otty Sleep.
- Details
- FLOORCOVERINGS
The owner of a five-store floorcoverings warehouse chain in the South East of England incorporated a new business ahead of the placing of an existing enterprise into liquidation last month.
- Details
- RETAIL & DISTRIBUTION
Swedish beds conglomerate Hilding Anders has wrapped up the sale of its upmarket British bedroom furniture chain Feather & Black.
- Details
- UPHOLSTERY
HTL, sold to a major Chinese furniture group five years ago and one of the largest makers of sofas sold in Britain, could change hands again according to reports in the Far East.
- Details
- RETAIL & DISTRIBUTION
Consumer attitudes to big-ticket spending improved at the end of last month but it remains to be seen whether it represented the start of a recovery or a dead cat bounce.
- Details
- FLOORCOVERINGS
Former Eve Sleep CEO James Sturrock will this week join floorcoverings retailer Tapi Carpets as its new leader, according to The Telegraph.
- Details
- RETAIL & DISTRIBUTION
At least 12 of Debenhams' 142-store U.K. retail portfolio will not re-open following its latest restructuring exercise after it announced a further five shop closures.
- Details
- BEDS & MATTRESSES
Management at mattress and foam group Breasley say the business is targeting a factory reopening Monday as a hoped-for prepack administration process nears its conclusion.
- Details
- UPHOLSTERY
Consolidation of the U.K. compressed mattress segment will accelerate after bed-in-a-box business Leesa Sleep became the latest to cease operations in Europe.
- Details
- FLOORCOVERINGS
Balta, Europe's largest textile flooring manufacturer and a major supplier to the U.K. carpet market, says it will start ramping up production in June but warned it won't be operating at full capacity any time soon.
- Details
- UPHOLSTERY
Upholstery inflation at the factory gate was in negative territory for an eighth straight month at the end first quarter, dropping to its shallowest level on record.
- Details
- FLOORCOVERINGS
The Yorkshire wool supplier that ceded control of Axminster Carpet earlier this year booked a bigger loss for the period that led up to its spring 2019 restructure, but made inroads into debt.
- Details
- BEDS & MATTRESSES
The future of the Breasley mattress and foam conversion group will be finalised imminently after Duff & Phelps were formally installed as administrators late last week.
- Details
- OPINION & ANALYSIS
Silentnight, the country's biggest bed maker, is proposing the closure of its Sealy U.K. factory in Cumbria. Here is what it means for the future of the brand and business in Britain.
- Details
- REGIONAL
Higher costs and a slight fall in sales meant profits were lower but still class-leading at South East furniture retailer Vale Furnishers last year.
- Details
- FLOORCOVERINGS
Equity holders subscribing for newly-issued shares have taken total investment in the now-five-year-old floorcoverings retail chain Tapi Carpets to well over £50 million.
- Details
- BEDS & MATTRESSES
Revenue climbed sharply in the first quarter of 2020 for the acquisitive conglomerate behind the Mlily mattress brand.
- Details
- ECOMMERCE
Ecommerce giant Wayfair has near doubled sales since lockdowns were introduced across the markets it operates, as customers shifted spending to the Internet for home goods.
- Details
- RETAIL & DISTRIBUTION
Sweden's Nobia kitchen conglomerate says its U.K. business, headlined by retail chain Magnet, has experienced the worst impact from Government shelter-in-place orders.
- Details
- BEDS & MATTRESSES
Sealy U.K.'s manufacturing plant at Aspatria in Cumbria is to close, the company has announced, putting more than 250 jobs at risk.
- Details
- UPHOLSTERY
Strong orders late last year and into the early part of 2020 helped upholstery brand Stressless achieve high revenue growth in the U.K. and Ireland in the first quarter despite late March pandemic disruption.
- Details
- CASE GOODS
Strachan, the direct-to-consumer maker of fitted bedroom, home office and living room furniture, booked higher profits and bolstered cash last year after it grew sales.
- Details
- EVENTS
Organisers of The Malaysian International Furniture Fair have given up their bid to host the event this year, cancelling its already-revised 2020 edition fearing travel disruption.
- Details
- CASE GOODS
New finance chief for £50m vendor of Sheraton, Mackintosh, English Rose and Chippendale brands.
- Details
- SUPPLY & WHOLESALE
A small Cheshire wholesaler of household goods including bedroom storage is in administration and up for sale despite wiping out earlier deficits in recent years.
- Details
- RETAIL & DISTRIBUTION
Home department store group Leekes has begun a partial reopening of its retail portfolio, starting with two of its units in Wales to shoppers seeking selected product lines.
- Details
- RETAIL & DISTRIBUTION
The majority of the off-price department store chain TJ Hughes was sold for £24.4 million ahead of the residual nine-store business being restructured via a prepack deal earlier this spring.
- Details
- BEDS & MATTRESSES
Heavy investment above and below the line took the edge off the impact of a tough bed market for Leeds mattress and components manufacturer Harrison Spinks last year.
- Details
- UPHOLSTERY
Italian furniture company Natuzzi says the possible delisting of its publicly-traded shares from the New York Stock Exchange will not have an impact on its day-to-day operations.
- Details
- RETAIL & DISTRIBUTION
David Tyler, former chairman at retail giant Sainsbury's, has been appointed to the same post at furniture, home and apparel business The White Company.
- Details
- ECOMMERCE
Exit from Internet furniture, home and lifestyle retailer coincides with appointment in the aviation services sector.
- Details
- RETAIL & DISTRIBUTION
Four-store furniture and home accents retailer Graham and Green says it believes it has enough cash to survive the financial impact of the coronavirus pandemic but it is still talking to bankers regarding securing additional finance in case the situation doesn't improve.
- Details
- BEDS & MATTRESSES
The loss of business due to Covid-19 has changed retail mindsets towards the Internet, according to the boss of the world's biggest bed company.
- Details
- RETAIL & DISTRIBUTION
General merchandise retailer Argos, one of the largest retailers of beds and furniture in the U.K., says its bulky goods home category has suffered despite overall sales spiking since the end of February.
- Details
- RETAIL & DISTRIBUTION
Habitat is to strengthen ties with its parent company J Sainsbury under plans to raise interest in and extend the product catalogue of the iconic furniture and home accents brand.
- Details
- BEDS & MATTRESSES
Worldwide order intake in April fell 55 percent according to Tempur Sealy International, the world's largest bedding manufacturer, with the second half of the month improving on the first.
- Details
- UPHOLSTERY
Westbridge, one of Europe's largest upholstery producers, is to make personal protective equipment (PPE) for the NHS, as it joins the response to the coronavirus pandemic.
- Details
- TRADE & INDUSTRY
There was a drop in the number of U.K. furniture and furnishings companies filing for insolvency in the first quarter of 2020 but early April data has already overtaken the same month a year ago, with still a week to report.
- Details
- RETAIL & DISTRIBUTION
Out-of-town home and furniture retailer Dunelm is heading to the High Street, with plans to open a small-format store with a new fascia in the South East of England.
- Details
- BEDS & MATTRESSES
Keen & Able, the specialist white-glove home delivery company, is resuming operations with an initial focus on supporting customers to unwind their existing order books.
- Details
- SUPPLY & WHOLESALE
Sales climbed at Knowsley furniture maker Dams last year as it continued its programme of upgrading its factory and equipment across upholstery and cabinet production.
- Details
- SUPPLY & WHOLESALE
Lower turnover last year didn't prevent furniture wholesale group Seconique booking underlying EBIT up two-thirds. Net income advanced higher still on an annual basis after an upwards property valuation.
- Details
- SUPPLY & WHOLESALE
Prestige kitchen brand Poggenpohl could have a third owner in as many years after the company filed for a German insolvency process similar to administration.
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