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Consumer confidence for major purchases remains depressed but is on the mend, as the long-term data confirms.
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DFS earlier this month revealed it had successfully refinanced, agreeing £250 million of debt facilities across a revolving credit facility (RCF) and a £50 million U.S. private placement with one or more unspecified debt investor(s).
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Readers with a long memory will recall Silentnight achieving near double-digit sales growth in 2021/22 on the back of high demand and the unwind of a big order book.
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A generous HMRC official has overpaid a refund, and then overpaid it again to the U.K.'s one-time third largest independent sofa maker, which folded nearly five years ago.
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First signposted in January, more details about the property sale and its owner are now public.
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Andrew Martin continued to grow its business with the South Wales upholstered furniture manufacturer in which it acquired a majority stake back in 2021.
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Headlam Group, the U.K.'s largest flooring wholesaler, paid a significant premium over book value to acquire the country's largest independent supplier to the online rugs market.
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This Thursday marks exactly one month since homewares brand Amara announced the introduction of Sofa.com upholstery on its platform, with it prominently — but all too briefly — promoting its sister brand's products on its website.
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When Loaf rocks up in Yorkshire later this year it will likely do so in a store unlike any other it has opened in the eight years since it first transitioned into a clicks-to-bricks retailer.
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U.K. furniture manufacturers' sales at current prices between January 1998 and March 2023.
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A list of the biggest worldwide markets for direct-to-consumer and wholesale mattress company Emma Sleep.
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The West Midlands street where at least five bed manufacturers have collapsed.
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An updated DFS cash position; and the detail of who owns key Maker&Son intellectual property.
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The insolvent buyout of assets of the predominantly mail-order business Scotts of Stow earlier this month came as a surprise given its last public record figures show it recorded profits of almost £4 million.
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Halo Group's Timothy Oulton United Kingdom subsidiary acquired a majority position in London upholstered furniture maker Dudgeon Sofas late 2021 but that wasn't the only external investment made in furniture companies that year.
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Orders placed on or before the date of the Cox & Cox buyout late last month will not be fulfilled by the new owner of the ecommerce business, it has now been confirmed.
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Profits declined for upholstery supplier La-Z-Boy U.K last year in a period when the wholesale business invested heavily in product inventory.
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Dormeo U.K. was among the big success stories of the early pandemic period, with sales growth accelerating at twice the pace that it had before Covid.
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An improved financial performance saw the value of furniture retailer OKA rise by tens of millions of euros according to accounts filed in Luxembourg by its holding company.
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Five years ago, 65 percent of Airsprung group business went through just two major retail customers.
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British furniture and interiors retailer OKA posted improved numbers and traded through its just-reported financial year without new external funding.
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General merchandise retail giant Next made an equity investment in online furniture retailer Swoon earlier this year, in a transaction first revealed by The Furnishing Report back in May.
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The main destinations for British exports in the first nine months of 2022, and year-on-year comparisons.
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Multi-year series of transactions followed director departure back in 2019.
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Greenapple Systems played a pivotal role in our story. Here's why.
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The collapse of Made.com will hit suppliers ranging from furniture makers and importers through to service providers, in addition to employees, shareholders and customers.
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Flooring market leader Carpetright was still a publicly-owned company when it agreed a company voluntary arrangement (CVA) that impacted certain landlords back in the spring of 2018.
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Successfully and cost effectively shipping big boxes from one side of the world to the other has vexed many great furniture industry minds since the beginning of the pandemic in early 2020.
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An ad-hoc column chronicling recent ownership changes across the U.K. furnishings sector. Seven companies featured including sofa and mattress makers, a four-store kitchen chain, and an online furniture retailer.
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Still-expanding floorcoverings chain Tapi Carpets & Floors has revealed over 2,000 current and past equity holders in its latest public disclosure, but almost 75 percent of the business is held by just a handful of shareholders.
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The departure of Sofology buying director Suzy McMahon for Oak Furnitureland begs an obvious question.
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Putting a number on Wayfair's U.K. turnover.
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When companies issue new shares we can usually ascribe a valuation for the company. Not so with The Conran Shop.
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One of the side effects of growing sales into the billions of pounds is that large deals that would otherwise draw widespread attention now fall under disclosure thresholds.
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The deals column lists the latest takeovers and shareholder changes across the furniture, furnishings and floorcoverings trade. Two mattress manufacturers feature along with a furniture wholesaler, cabinet maker, interior design company and ecommerce retailer.
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Updates on 13 furniture, flooring industry officials.
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A visual explainer showing the corporate structure and debt investment in Bensons for Beds and other co-controlled entities.
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13 new hires and exits in the period to August 4, 2022.
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Funds advised by Epiris acquired bedroom and home office furniture retailer Sharps from Sun European Partners in the autumn of last year.
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Updates on 16 hires and exits in the period to July 15, 2022.
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