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Furniture maker Ercol returned to profit at EBITDA level in 2020 after orders and delivered turnover outperformed levels management were budgeting for during the first lockdown, its chairman said.
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Profits at Sanderson Design Group, the luxury interiors manufacturer and wholesaler formerly known as Walker Greenbank, will rise after the company outperformed expectations.
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The diversified furniture, mattress and home accents distribution group Gallery Direct built out revenue in 2019 including a 50 percent rise in U.K. sales. Profits fell on higher costs.
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Danish furniture wholesale giant Actona has launched a programme of desks and chairs specially designed for gamers and the home office.
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A management reorganisation helped speed up decision-making and boost profitability at household textiles giant Turner Bianca in 2019–20.
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The company behind the Balmoral Furniture operation in Northern Ireland says it should break even in the year to March 2021 despite sales being hit by the pandemic.
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British furniture manufacturing output continued to accelerate deep into the autumn but total production levels remain well down on last year as a result of the pandemic.
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North West wholesaler recovers sales following a I.T. virus attack in the spring of 2019.
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Sales grew for a fourth straight year at northeast distributor Baker Furniture despite the first lockdown clipping the final weeks of its financial year. Profits also climbed.
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Cabinet imports climbed at their fastest pace in 18 months as distributors and wholesalers rushed to build inventory according to the latest Government figures.
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Home and gift wholesaler Ancient Wisdom has agreed a ten-year lease on a recently refurbished distribution centre in Yorkshire.
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North West carpet and flooring wholesaler Rolfe Carpets has agreed a multi-million deal for a new distribution centre in Accrington, a short distance from its current base.
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Robust trading through the first wave of the pandemic helped furniture importer Seconique record sales growth and strong cash generation in 2019–20. Adjusted profits were also up on the previous year.
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U.K. furniture companies are being quoted sky high prices to ship containers while inbound product is being delayed. Data compiled by The Furnishing Report already shows the strain on upholstery and cabinet at ports such as Felixstowe.
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It is all change no change at Danish furniture maker Carl Hansen & Søn with control of the majority of shares in the company passing to the next generation.
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David Phillips, a major supplier of furniture to the U.K. residential property market, says it hopes to find cost savings after undertaking a strategic review. It follows a year when the pandemic clipped revenue below £40 million but profitability improved.
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The British Furniture Manufacturers (BFM) has stressed the need for business owners to have made their factories Covid-secure, not just to protect employees but also to prevent falling foul of the Health & Safety Executive (HSE).
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Sales growth returned for Portadown furniture wholesaler Annaghmore Agencies in 2019 with profits before non-cash and finance costs rising by more than a third.
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U.K. competition watchdog opens investigation into lighting company, but says no view has yet been taken on how or whether to progress.
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Executives behind the Jane Clayton home furnishings business are to launch a dedicated ecommerce store for the youthful mid-market Scion brand after striking a deal with the brand-owner Walker Greenbank.
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The chief operating officer of Ercol Furniture (ercol) has left the manufacturer to complete a PhD with the heritage British brand appointing two senior existing executives to run the business on a day-to-day basis.
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Interior furnishings group Walker Greenbank has signed a licensing agreement with general retailer Next that will see new apparel, homeware and accents lines launched across three of its brands.
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West Midlands furniture manufacturer Boss Design has strengthened its board of directors with two senior hires, including the former CEO of office furniture and equipment group Bisley.
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Only a third of British furniture manufacturers have so far passed on rising input costs to their customers despite the overwhelming majority being landed with price hikes by their suppliers.
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Birlea Furniture invested millions of pounds expanding its East Midlands footprint last year as the furniture importer continued its drive to become the biggest player in the sector.
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Ministry of Furniture (MoF), the privately-owned Neath company that emerged from Remploy Furniture back in 2014, has undergone a corporate reorganisation and rebranding process.
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Furniture manufacturers' prices were higher for a third straight month on an annual basis in September in data yet to reflect a tsunami of raw material cost pressures incurred by U.K. producers.
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Torben Villadsen is to step down as CEO at Actona Company after almost 25 years with the Denmark-based furniture design and wholesale business.
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Earnings climbed at global furniture wholesaler Actona as the Denmark headquartered business found margin amid flat revenues.
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Italian furniture maker makes bond with electronics titan in bid to woo design-conscious millennials
Molteni&C, the designer furniture and lifestyle company, has formed a collaboration with the ultra-premium brand of consumer products giant LG Electronics.
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It is unlikely that people will go back into the office in the same way as they did pre-pandemic according to a new report that has implications for the residential furniture sector.
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A South Wales furniture maker with worldwide revenue north of £90 million has expanded into the residential sector with the launch of a comprehensive design-led home office and living collection.
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The diversified home, gift and furniture wholesaler SIL slipped to a loss last year against a backdrop of weaker global growth and Brexit-related uncertainty.
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Walker Greenbank, the interior furnishings manufacturer and distributor, will simplify its structure by rebranding as Sanderson Design Group later this year in a move it says better reflects its activities.
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Bedding manufacturer, distributor and licensee Comfy Quilts found growth in 2019–20 buoyed by increased demand from an online retailer with whom it has familial ties.
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The Italian group that makes furniture under licence for a series of high-end lifestyle brands spanning Fendi Casa and Bentley Home has strengthened its leadership team.
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British furniture manufacturers continued to narrow the year-on-year production deficit as they brought employees back from furlough, new Government figures show.
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August saw a ninth straight annual slide in living, dining and bedroom cabinet imports with all five of the most recent months seeing double-digit declines.
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The production company behind a new business investment television show is calling for furniture makers who may be interested in participating to contact them.
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Shortages of foam and particle board are reducing production capacity and driving costs up, according to the British Furniture Manufacturers (BFM), which says retailers should brace for price increases.
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