- Details
- RETAIL & DISTRIBUTION
Upholstery retailer Sofology has taken over the whole of the top floor of Redbrick Mill with the launch of a new concept lifestyle store branded Sofology The Edit.
- Details
- UPHOLSTERY
Cheaper shipping costs failed to prevent an eighth straight slide in upholstery import volumes in the first quarter with all three major source nations sending less product to the U.K.
- Details
- ECOMMERCE
The owner of the retailer widely considered to be the U.K.'s first dedicated online furniture store says inventory is now back to optimum levels and the business back in profit.
- Details
- FLOORCOVERINGS
The value of carpet imports into the U.K. was flat in February as higher prices compensated for a double-digit decline in volumes.
- Details
- RETAIL & DISTRIBUTION
More than half of the vast roster of Natuzzi furniture stores around the world are now located in China, the company revealed on Thursday after a raft of new openings by its joint venture partner in the past year.
- Details
- UPHOLSTERY
Natuzzi recorded a net loss in the final quarter of 2022 citing higher interest rates as having increased borrowing costs as well as impacting consumer demand around the world.
- Details
- RETAIL & DISTRIBUTION
Designer furniture and homeware retailer Heal's has time-lined the launch programme for its remodelled flagship store on London's Tottenham Court Road (TCR).
- Details
- CASE GOODS
Furniture vertical Ashley Ann took two-year capital expenditure to well over £2 million as it invested heavily during what proved a stronger year for the Scotland based kitchens, bedrooms and bathrooms business.
- Details
- TRADE & INDUSTRY
The value of U.K. furniture manufacturing turnover declined on an annual basis for the first time in two years in February, official data out Thursday morning showed, but January figures were better than first reported.
- Details
- EVENTS
Visitor numbers soared to well north of pre-Covid levels at the Guangzhou-based China International Furniture Fair last month, organisers have reported.
- Details
- BEDS & MATTRESSES
Kent bed maker Sleepeezee Holdings has agreed an £18 million buy-in transaction with Legal & General Assurance Society, securing the pension benefits of around 200 retired and deferred scheme members.
- Details
- BEDS & MATTRESSES
The family investment group that acquired half of Emma Sleep at the start of the pandemic increased the size of its holding in the direct-to-consumer and wholesale mattress business last year.
- Details
- BEDS & MATTRESSES
Revenue advanced for mattress ticking conglomerate BekaertDeslee last year on the back of the pass-through of higher input costs, and a major acquisition.
- Details
- REGIONAL
Third generation family retailer Prestige Beds is to fully reopen its flagship store in the Whitebirk area of Blackburn this weekend following a comprehensive refurbishment programme.
- Details
- SUPPLY & WHOLESALE
Higher sales to the residential and hospitality markets along with an uplift in demand from U.K. interior designers serving customers in the Middle East boosted a top-end rug distributor last year.
- Details
- BEDS & MATTRESSES
Sleep Country Canada has agreed to buy the Canadian assets of Casper Sleep, the U.S. bed-in-a-box brand often cited as the pioneer in the product category.
- Details
- RETAIL & DISTRIBUTION
Furniture maker and retailer HSL has opened its first store in north London with the launch of a new concept flagship format in Hendon.
- Details
- RETAIL & DISTRIBUTION
London retailer Adventures in Furniture was profitable for a fifth straight year in 2022 as it continued to rebuild from a restructuring process.
- Details
- CASE GOODS
Profits climbed for made-to-measure cabinet maker Strachan last year as the direct-to-consumer company maintained its upwards revenue trajectory.
- Details
- RETAIL & DISTRIBUTION
Furniture Village is introducing a profit sharing scheme that will see all employees of the national retailer further enjoy the rewards of their efforts, says executive chairman Peter Harrison.
- Details
- RETAIL & DISTRIBUTION
Barker and Stonehouse opened its purpose-built flagship store in Gateshead to the general public on Good Friday, the culmination of a £5 million investment by the privately-owned furniture retailer.
- Details
- BEDS & MATTRESSES
A North West mattress and comfort seating products supplier became a minority shareholder in direct-to-consumer beds and sleep products business Brook and Wilde [Brook + Wilde] last year in what both parties have described as a strategic partnership.
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- UPHOLSTERY
Upholstered furniture conglomerate Natuzzi has postponed the release of its fourth quarter and full year 2022 financial results because of further verification work required at its Chinese joint venture.
- Details
- REGIONAL
Designer furniture, lighting and homeware retailer Nest has opened its long-anticipated new Sheffield showroom in the city's Park Hill development.
- Details
- BEDS & MATTRESSES
The financial period leading up to the divestment of Millbrook Beds by the Croll family was a year of two halves, according to commentary in newly-filed accounts.
- Details
- TRADE & INDUSTRY
2024 INDX show dates; Why Rowico U.K. had to close; Recticel updates on the sale of Engineered Foam unit; and Dreams plan to raise cash for homelessness charity Shelter.
- Details
- UPHOLSTERY
Raw material price inflation and shortages impacted gross margin at Long Eaton sofa manufacturer Acclaim Upholstery through 2021/22 with it unable to immediately pass on rising costs to its largest customer.
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- ECOMMERCE
Dewsbury based ecommerce retailer Happy Beds maintained profitable momentum last year as it continued to ramp up inventory levels.
- Details
- UPHOLSTERY
Keith Wilson, who was instrumental in the buildout of La-Z-Boy's U.K. expansion including the takeover of Colne sofa maker Furnico, is to retire.
- Details
- FLOORCOVERINGS
Heritage carpet industry supplier Bonar Yarns has been placed into administration but restructuring advisors say they remain hopeful of finding a buyer for the business as a going concern.
- Details
- FLOORCOVERINGS
The company behind the Burmatex carpets brand deleveraged through 2022, a year that saw it make top and bottom line gains.
- Details
- SUPPLY & WHOLESALE
South Wales home office and workplace furniture manufacturer Bisley has announced the death of its owner and chairman Anthony Brown at the age of 86.
- Details
- TRADE & INDUSTRY
The number of furniture, furnishings and floorcoverings companies filing for insolvency reached record high levels in the first quarter of 2023.
- Details
- SUPPLY & WHOLESALE
The owners of a Birmingham bedding company have completed a buyout of Serene Beds and Furniture in a deal that secures the future of the West Bromwich wholesaler.
- Details
- RETAIL & DISTRIBUTION
The group behind the Freemans and Grattan brands has recapitalised its U.K. Internet and catalogue retail business with an eight-figure equity issue.
- Details
- FLOORCOVERINGS
Flooring wholesaler Likewise Group has taken possession of its 47,000sqft high bay distribution centre in Glasgow ahead of it becoming fully operational later this spring.
- Details
- TRADE & INDUSTRY
Industry news in brief regarding Kave Home, Fabb Furniture, Glasswells, Davidson London and a charity hike in aid of The Furniture Makers' Company.
- Details
- UPHOLSTERY
Duresta has opened a standalone Long Eaton showroom in a move that the prestige upholstery manufacturer hopes will provide an advantageous sales aid for its retail partners.
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- CASE GOODS
Restructuring advisors handling the insolvency of Kettle Interiors U.K. have enlisted agents to sell a substantial quantity of cabinet furniture that was not included as part of the asset sale agreement with newco Kettle Home.
- Details
- RETAIL & DISTRIBUTION
Privately-owned bed retailer Mattressman has successfully completed the company voluntary arrangement (CVA) it agreed with creditors back in 2018.
- Details
- UPHOLSTERY
Rising costs countered higher sales for upholstery and drapery fabrics supplier Warwick last year while cash declined after a large share buyback.
- Details
- UPHOLSTERY
The Chinese upholstery manufacturer that a decade ago owned and ran a British furniture retail chain has posted weaker profits as a result of a reduction in output across its diversified activities.
- Details
- UPHOLSTERY
The co-owned sofa-in-a-box brand Habbio and high-end upholstery business John Sankey have agreed new manufacturing licences after their hitherto production partner was placed into liquidation.
- Details
- ECOMMERCE
A large North West ecommerce furniture and homewares group that generates 60 percent of its £45.5 million turnover through Amazon says it expects to return to profit in the next three months after a long period of supply chain challenges.
- Details
- SUPPLY & WHOLESALE
One-off costs settling a Competition and Markets Authority (CMA) price probe hit profits at the group behind Oxfordshire supplier Där Lighting last year.
- Details
- RETAIL & DISTRIBUTION
IKEA Ireland is cut its dependence on U.K. warehouses by opening its first dedicated Irish Customer Distribution Centre (CDC), drastically reducing delivery times.
- Details
- UPHOLSTERY
Wider gross margin and rates relief helped the wholly-owned retail arm of Natuzzi, which represents just a small fraction of the Italian sofa maker's total U.K. business, to cut losses through the pandemic.
- Details
- BEDS & MATTRESSES
The group md of Hypnos says the high-end bed maker has managed to build further top line momentum through 2022/23 despite the loss of a high-profile hotel contract and the tough economic backdrop.
- Details
- SUPPLY & WHOLESALE
Restructuring advisors say they accepted the offer from newco Kettle Home for the assets of Kettle Interiors U.K. only yesterday (Mar. 29, 2023) after what it described as an open marketing process that attracted significant interest from here and abroad.
- Details
- RETAIL & DISTRIBUTION
RH, the U.S. furniture retailer formerly known as Restoration Hardware, has revealed plans to open an interior design studio here in addition to the two vast galleries already in the pipeline.
- Details
- RETAIL & DISTRIBUTION
The buildout of the Soho Home retail and wholesale brand in the U.K. saw it rack up a large seven-figure profits turnaround as activity ramped up through the pandemic period.
- Details
- RETAIL & DISTRIBUTION
Retailer Bensons for Beds will on Thursday kickstart the next phase in its plan for the eveSleep brand, expanding and displaying its mattress programme across its c. 160-store national retail network for the first time.
- Details
- SUPPLY & WHOLESALE
Sanderson Design Group has agreed a licensing agreement with J Sainsbury that will see the supermarket group's Habitat brand develop a wide range of products in collaboration with the Morris & Co. and Scion brands.
- Details
- RETAIL & DISTRIBUTION
Next has confirmed that Made.com will trade on its Total Platform network but says there are no such plans currently in place for the furniture retailer Swoon, it which it holds a significant stake, to become a client.
- Details
- RETAIL & DISTRIBUTION
Designer furniture and homeware retailer The Conran Shop has taken owner funding to new highs after a fresh equity issue late winter.
- Details
- BEDS & MATTRESSES
A hiring surge saw the Harrison Spinks group add over 100 new jobs in a period when revenue growth at its beds division outpaced that of its co-controlled components and fillings business unit. Higher costs meant EBITDA dropped by more than a fifth.
- Details
- RETAIL & DISTRIBUTION
The privately-owned franchise behind the modern furniture retail brand BoConcept across Scotland has outlined the value of its investment as it upsized its business through 2021/22.
- Details
- TRADE & INDUSTRY
Industry news from Tapi Carpets, BFM, Whitemeadow and The Branded Furniture Company; and Silentnight.
- Details
- SUPPLY & WHOLESALE
Newly-formed company Kettle Home is the new owner of assets including intellectual property and inventory after wholesaler Kettle Interiors U.K. was placed into administration last Friday.
- Details
- RETAIL & DISTRIBUTION
General merchandise retailer Next has made a debt investment in furniture and homeware retailer Swoon Editions, expanding on a minority equity position built last year.
- Details
- BEDS & MATTRESSES
A multi-million pound turnover Birmingham based ecommerce beds retailer has been landed with a winding up petition from HM Revenue & Customs for unpaid tax.
- Details
- SUPPLY & WHOLESALE
Living, dining and bedroom furniture supplier Teemo has appointed former Made.com general manager Kevin Guillaume as chief operations officer Southeast Asia.
- Details
- RETAIL & DISTRIBUTION
National bed retailer Bensons for Beds will expand its store footprint this weekend with the opening of a new store near its Cambridgeshire manufacturing base.
- Details
- SUPPLY & WHOLESALE
Furniture wholesaler Kettle Interiors U.K. has been placed into administration with all 126 of its employees made redundant, restructuring advisors have confirmed.
- Details
- SUPPLY & WHOLESALE
A court has handed West Midlands cabinet, mattress and bedframe importer and wholesaler Serene Beds and Furniture another ten days to reorganise its affairs.
- Details
- EVENTS
20 U.K. exhibitors will show at Interzum next month as the manufacturers' event returns with sustainability high on its agenda after a four-year absence.
- Details
- ECOMMERCE
The managed wind down at South Yorkshire ready-to-assemble cabinet manufacturer Addspace Furniture has had knock-on effects for a co-controlled ecommerce retailer.
- Details
- UPHOLSTERY
The temporary closure of one of House of Fraser's department stores has reduced the number of concessions in the portfolio of Sofa.com, its co-owned sister retail brand.
- Details
- RETAIL & DISTRIBUTION
Brits felt more inclined to splash out on high value items such as furniture and flooring than in any time in almost a year in March according to a closely-followed consumer poll.
- Details
- RETAIL & DISTRIBUTION
Furniture discovery and search website ufurnish.com has launched a collaboration with Airbnb, the service that lets property owners rent out their spaces to travellers looking for a place to stay.
- Details
- SUPPLY & WHOLESALE
Stakeholders in wholesaler Kettle Interiors U.K. are working to complete a restructuring process that will secure the future of the Corby based furniture supplier.
- Details
- RETAIL & DISTRIBUTION
Upholstery and flooring retailer ScS is to evaluate how consumers respond to DFS cutting its interest free credit offer by 12 months earlier this month, but says its own focus will remain offering optimum value.
- Details
- RETAIL & DISTRIBUTION
The value of furniture and lighting sales inched forward at well-below inflation rates in February according to data released Friday morning by the Office for National Statistics (ONS).
- Details
- BEDS & MATTRESSES
A seven-figure vendor of mattresses, divans, headboards and bed sets on the Amazon marketplace platform has a new shareholder following ownership adjustments.
- Details
- EVENTS
The Northpoint Furniture Show will open its doors to retail buyers later this spring with representatives of more than 30 household names from the U.K. and international furniture and bed sector having signed up to exhibit.
- Details
- RETAIL & DISTRIBUTION
Bensons for Beds chief operating officer Gavin Chappell is taking on additional responsibilities as part of plans by the national retailer to divide the role of chief customer officer into separate parts.
- Details
- UPHOLSTERY
Sofa Club, the upholstered furniture retailer that sells online and through dedicated lounges in the walkways of U.K. shopping centres, has agreed a two-person home delivery contract with Panther Logistics.
- Details
- RETAIL & DISTRIBUTION
The takeover of Scotts by WoolOvers Group will yield more than £3.5 million for creditors though that won't be nearly enough to satisfy the mail-order retailer's outstanding liabilities.
- Details
- RETAIL & DISTRIBUTION
Consumer price inflation for household furniture eased for the sixth month in a row in February, reaching its lowest level in a year and a half.
- Details
- RETAIL & DISTRIBUTION
Dreams has officially opened its new warehouse at Willenhall in the West Midlands, describing the 260,000sqft facility as its largest investment in physical assets to date.
- Details
- RETAIL & DISTRIBUTION
The CEO of ScS says the the upholstery retailer, which is flush with cash and has no debt, would give serious consideration to vertical integration if the right opportunity was passed across his desk.
- Details
- FLOORCOVERINGS
A South East floorcoverings supplier filed a second notice of intent to appoint an administrator on Tuesday as stakeholders closed in on an apparent restructure.
- Details
- RETAIL & DISTRIBUTION
Retail giant IKEA opened a Plan & Order Point in Stockport, Greater Manchester on Monday, the second of three iterations of the new-format stores that are planned for North West England.
- Details
- UPHOLSTERY
Relaunched modular sofa brand Snug has agreements in place with all three of its legacy upholstered furniture suppliers following its takeover by ScS earlier this year.
- Details
- BEDS & MATTRESSES
The National Bed Federation (NBF) has boosted its retailer support offering with five marketing toolkits to increase awareness of the NBF-approved tick, and to share advice around the bed-buying process, after-purchase care, and mattress settlement.
- Details
- RETAIL & DISTRIBUTION
Cash continued to build at ScS in the first half of its financial year despite the upholstery and flooring retailer recording a bigger net loss compared with last year.
- Details
- RETAIL & DISTRIBUTION
The acquisition of Sofa Workshop weighed heavy on the principal U.K. trading arm of international furniture brand Timothy Oulton ahead of the historic upholstery retailer's subsequent closure.
- Details
- SUPPLY & WHOLESALE
The U.K. subsidiary of Swiss-owned upmarket outdoor furniture brand Gloster maintained high six-figure profits in the year to December 31, 2022, new accounts reveal.
- Details
- RETAIL & DISTRIBUTION
Three major home furnishings retailers have agreed 10-year leases to occupy stores in the redeveloped former Toys R Us unit at the Metro Retail Park, Gateshead.
- Details
- TRADE & INDUSTRY
Furniture Village and ScS, two of the largest furniture retailers in the country, are among the first companies to become Approved Retailer members of the British Furniture Manufacturers (BFM).
- Details
- RETAIL & DISTRIBUTION
The investor group that last year acquired the business behind the Oak Furniture Superstore retail brand threatened legal action against the vendors after fire safety issues surrounding some of its products emerged following the buyout.
- Details
- RETAIL & DISTRIBUTION
Creditors of Mark Harris Furniture, the furniture wholesale and retail company whose assets were sold via a prepack buyout last month, were owed more than £14 million at the time of the restructure.
- Details
- RETAIL & DISTRIBUTION
Housebuilder Barratt London is offering owners of new-build homes the opportunity furnish them with furniture packs from IKEA after launching a collaboration with the Swedish retail brand.
- Details
- UPHOLSTERY
Graeme Sutherland, the longstanding sales director at Ashwood Designs and respected stalwart of the U.K. sofa industry, has died, the upholstered furniture manufacturer has announced.
- Details
- BEDS & MATTRESSES
Bensons for Beds has launched a variable support mattress that is softer on one side and firmer on the other with the aim of meeting the changing needs of children as they grow towards adulthood.
- Details
- RETAIL & DISTRIBUTION
The famous four-year's interest free credit (IFC) offer of DFS is no more after the upholstery market leader cut the maximum term customers can take to repay by a full 12 months, citing rising costs.
- Details
- SUPPLY & WHOLESALE
Sanderson Design Group says it is committed to protecting its interests ahead of a hearing next month regarding an intellectual property dispute with Waltham Forest Council.
- Details
- UPHOLSTERY
Board change comes as planned following a management buyout two years ago.
- Details
- RETAIL & DISTRIBUTION
A longstanding Lincoln case goods furniture retailer will close next week following its owner's decision to retire.
- Details
- RETAIL & DISTRIBUTION
Building work has begun at MattressNextDay's purpose-built distribution centre and showroom in the South East of England.
- Details
- UPHOLSTERY
Profits fell 71 percent for DFS in the six months to Christmas Day with the upholstery market leader battling rising costs and a fall in sales.
- Details
- RETAIL & DISTRIBUTION
Home revenue declined at department store retailer John Lewis in the year to end January as customer spending patterns adjusted because of the rising cost of living.
- Details
- REGIONAL
A London furniture retailer that once ran six stores across the South East of England will be down to one after it announced the closure of its longstanding Chelsea unit.
- Details
- RETAIL & DISTRIBUTION
John Lewis Partnership (JLP), parent to John Lewis and Waitrose, has appointed Nish Kankiwala as its first-ever CEO.
- Details
- RETAIL & DISTRIBUTION
Bensons for Beds will this weekend expand its West Midlands retail footprint with the launch of a new store at Erdington to the northeast of Birmingham city centre.
- Details
- BEDS & MATTRESSES
Harrison Spinks Beds is upgrading its U.S. stock programme with a Los Angeles distribution centre leased in partnership with logistics specialist Rhenus Group. The move will help it drastically cut lead times.
- Details
- SUPPLY & WHOLESALE
The near-term future of West Midlands beds and cabinet furniture distributor Serene Beds and Furniture is uncertain after a court filing on Monday.
- Details
- CASE GOODS
The value of case goods imported into the U.K. fell to its lowest level in 18 months at the beginning of 2023 after overstocked distributors and retailers put the brakes on orders last autumn.
- Details
- BEDS & MATTRESSES
Foam and sprung mattress imports into the U.K. fell high single-digits in January as a result a weaker figures from all three of the habitually largest origin countries.
- Details
- UPHOLSTERY
Trustpilot says Maker&Son "hasn't been playing by the rules" after the upholstery brand was said to have threatened reviewers with legal action regarding comments that had been made on its platform.
- Details
- RETAIL & DISTRIBUTION
Mail-order furniture, general merchandise and fashion brand Grattan has received fresh shareholder backing after a third equity issue in a little over a year.
- Details
- UPHOLSTERY
Upholstered furniture imports cratered at the start of 2023, reflecting a combination of weak demand in the autumn when orders were placed, along with full warehouses across the U.K.
- Details
- RETAIL & DISTRIBUTION
The closure of a 17-store adjustable furniture and mobility products specialist spells bad news for a co-controlled ecommerce business, which faces the write-off of a large multi-million pound debt.
- Details
- BEDS & MATTRESSES
Naturalmat, the Devon manufacturer and retailer of mattresses and bedding made from organic materials, maintained profitable momentum last year as it invested online and in people.
- Details
- FLOORCOVERINGS
The year-on-year value of carpets imported into the U.K. declined 4.3 percent in January, a first drop in monetary terms since the summer of last year.
- Details
- RETAIL & DISTRIBUTION
Netherlands based INGKA Holding, the world's largest IKEA retailer, beefed up its U.K. property portfolio last year after making its largest investments here since before the pandemic.
- Details
- RETAIL & DISTRIBUTION
A West Sussex lifestyle retailer has acquired the business and assets of Scotts, the circa £50 million turnover general merchandise retailer that carries a substantial furniture and home programme.
- Details
- UPHOLSTERY
Sofas from the three further upholstery collections sold under the Argos Habitat brand that didn't meet U.K. flammability regulations were also manufactured in Eastern Europe, it was disclosed late last week.
- Details
- BEDS & MATTRESSES
Shareholder equity at mattress company Dormeo U.K. was wiped out through the second part of the pandemic ahead of its business and assets being sold to a supplier for £800,000 last month.
- Details
- FLOORCOVERINGS
A second straight period of growth helped North West flooring manufacturer Penthouse Carpets to last year achieve its highest sales since the financial crash of 2008.
- Details
- BEDS & MATTRESSES
Silentnight has appointed a new chief executive officer, with Neil Anderson to step down after four years with the U.K.'s largest bed manufacturer.
- Details
- UPHOLSTERY
Correspondence has been delivered to U.K. and mainland European industry suppliers to the legacy Maker&Son upholstery business telling them they will not be paid what they are owed after all, despite earlier pledges to the contrary.
- Details
- SUPPLY & WHOLESALE
British furniture manufacturers made a positive start to 2023 with output climbing compared with January last year. December figures have also been revised upwards.
- Details
- SUPPLY & WHOLESALE
Pine and hardwood cabinet furniture distributor Devonshire remained profitable through 2021/22 as wider gross margin helped mitigate lower output.
- Details
- INTERNATIONAL
International furniture and home décor retailer Maisons du Monde saw profits fall last year as revenue declined and margins narrowed.
- Details
- RETAIL & DISTRIBUTION
Moda Furnishings, the premium outdoor living retailer, is opening a pop-up showroom at The Victoria Quarter in the centre of Leeds later this month.
- Details
- RETAIL & DISTRIBUTION
The founder of Oak Furnitureland continues to have an equity interest in rival brand Oak Furniture Superstore following the division of that retailer's assets via an insolvent restructure last month.
- Details
- RETAIL & DISTRIBUTION
HMRC was the largest creditor of the predecessor Cox & Cox ecommerce operation, with restructuring advisors saying the asset sale to Giomani Designs yielded just over £600,000, confirming figures we reported last week.
- Details
- SUPPLY & WHOLESALE
Britain's largest flooring wholesaler says it wants to grow its business with larger retail and trade customers by more than £100 million over the next five years.
- Details
- FLOORCOVERINGS
A North West flooring and wall tile company has folded with seven-figure debts after a late 2020 company voluntary arrangement (CVA) agreement with creditors failed to complete.
- Details
- UPHOLSTERY
Upholstery manufacturer and retailer heads south for third consumer showroom.
- Details
- COMMUNITY
Silentnight has delivered more than 900 mattresses and beds to children’s charity Zarach since the start of its partnership in August, the Barnoldswick manufacturer has announced.
- Details
- RETAIL & DISTRIBUTION
Gordon Mearns is retiring and stepping down as managing director of Sterling Furniture after two decades in the role, ushering in a new phase at the 50-year old Scottish retailer. A CEO search is underway while third generation family members will shortly join the board.
- Details
- BEDS & MATTRESSES
Tempur Sealy International and Sealy Australia have provided an additional £9 million of debt investment into their Sealy U.K. joint venture in the past four months to support its Cumbria-based manufacturing operations.
- Details
- RETAIL & DISTRIBUTION
A Buckinghamshire upholstered furniture manufacturer and retailer that dates back to the 1950s has refashioned its corporate structure after a predecessor company was placed into liquidation last month.
- Details
- RETAIL & DISTRIBUTION
Ingka Group, the largest IKEA retailer in the world, says women now make up about 50 percent of the top management teams across the 31 countries worldwide where it operates.
- Details
- EVENTS
British Furniture Manufacturers (BFM) is expanding its events portfolio with the launch of Furniture Component Expo, an event it hopes will connect manufacturers with companies from across the upstream supply chain.
- Details
- RETAIL & DISTRIBUTION
In-store furniture retail sales made huge gains last year as U.K. lockdown trends reversed to the detriment of the ecommerce channel.
- Details
- BEDS & MATTRESSES
Restructuring advisors say all outstanding orders will be fulfilled following the buyout of the business of Dormeo U.K. last week in a deal that effectively saves hundreds of jobs.
- Details
- SUPPLY & WHOLESALE
The shutdown of the U.K. arm of Sweden-headquartered furniture brand Rowico is entering its final stages as restructuring advisors clear the last of its remaining inventory.
- Details
- FLOORCOVERINGS
A Walthamstow flooring company has folded leaving more than a dozen carpet, wood and vinyl suppliers owed five-and-six-figure sums.
- Details
- COMMUNITY
The seventh annual Curry Night organised by the Yorkshire region of The Furniture Makers’ Company has raised over £2,500, with more than 100 guests attending the March 2, 2023 event.
- Details
- BEDS & MATTRESSES
Major direct-to-consumer mattress business Dormeo U.K. has traded continuously through an insolvent restructure after a diversified international bed industry supplier came to its rescue.
- Details
- RETAIL & DISTRIBUTION
Consumers with outstanding orders from the Cox & Cox predecessor company will have to try and reclaim cash from their card providers after restructuring advisors brokered a six-figure deal for the etailer's assets last week.
- Details
- RETAIL & DISTRIBUTION
Privately-owned furniture retailer Lee Longlands returned a positive bottom line for the second straight year on the back of high demand through the latter part of the pandemic.
- Details
- RETAIL & DISTRIBUTION
The company behind the Killymoon Living and CFC Interiors furniture brands made top and bottom line gains through 2021/22 but used some of the proceeds to pay off debt as it forewarned of a weaker year to follow.
- Details
- BEDS & MATTRESSES
Mattress and bedding manufacturer Duvalay has expanded into the baby sector after buying cot mattress specialist Nursery Connections out of administration.
- Details
- UPHOLSTERY
Argos has added sofas, armchairs and footstools from three further upholstery collections to a product recall first announced a month ago when it revealed SKUs from its Tammy programme didn't meet U.K. flammability regulations.
- Details
- UPHOLSTERY
Revenue growth helped mitigate raw material, labour and shipping cost pressures as the upholstery group behind the Ashley Manor, Alstons and Alexander & James businesses bolstered profits last year.
- Details
- RETAIL & DISTRIBUTION
The closure of a 17-store direct-to-consumer brand selling rise and recline chairs, adjustable beds and other mobility aids earlier this year leaves creditors facing a shortfall north of £12 million.
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