Private equity company Advent International is to take a controlling stake in Hermes U.K., the parcel delivery company until now owned by ecommerce and retail giant Otto Group.

After a record quarter, Wayfair's annual revenue run rate across the U.K. and Germany is $1.4 billion (£1.07bn), according to Martin Reiter, head of Europe for the ecommerce home furnishings giant.

Houseology, the high-end furniture, lifestyle and interior design ecommerce brand, has relaunched after its assets were acquired by a former rival earlier this year.

Home furnishings retailer Wayfair almost doubled sales in the second quarter with its CEO believing the step change among consumers to buy online will prove permanent.

A VC that backed Farfetch, Peloton and Deliveroo has led a £3 million funding round for an ecommerce home decorating startup that launched on the first day of lockdown.

Upholstery, cabinet and beds retailer Loaf has extended its warehouse contract with Wincanton. It will become the first beneficiary of the third-party logistics specialist's new dedicated ecommerce facility in the Midlands.

National bed retailer Dreams has acquired the Feather & Black ecommerce operation including its brand name. Feather & Black's already-closed eight stores are not part of the deal and will not reopen.

Studio Retail, owner of the Studio and Ace mailorder and Internet department store brands, has named Paul Kendrick as successor to CEO Phil Maudsley, who leaves next year.

The reintroduction of the Home Essentials brand in April has enabled cross-selling opportunities, says ecommerce and mail-order retailer N Brown Group, with it hoping to attract customers from its other brands.

Trading in the early weeks after lockdown has given ecommerce giant Very Group — one of the country's largest retailers of furniture — hope of arresting an earlier home category sales slide over its full financial year.

Multiple share issues net growth funds for VC-backed direct-to-consumer Gloucestershire based bedding retailer and wholesaler.

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.

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.

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.

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.

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.

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.

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.

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.

Exit from Internet furniture, home and lifestyle retailer coincides with appointment in the aviation services sector.

The Advertising Standards Authority (ASA) has upheld a complaint regarding advertising by ecommerce retailer Furniture123 in a ruling instructive for others in the industry.

Maisons du Monde, one of Britain's largest Internet furniture and home décor retailers, says it has seen a spike in online orders but not at a level to prevent the closure of its international store network harming total sales.

Having secured £8 million in debt and equity funding, retailer has "firepower to increase market penetration."

Blue Sun Tree, the Loughborough based etailer of modern, contemporary and classic designer furniture, folded last month leaving creditors facing a shortfall.

The U.K. arm of ecommerce giant eBay is enabling British retail SMEs in the furniture and homewares categories to list for free on its platform through spring as it aims to drive its own business and help support the economy.

Scottish homewares retailer The Rug Stores has rebranded its business to reflect its broader product offering. It is now called Ornatus Interiors.

Home and furniture etailer Amara Living has in the past month completed a high seven-figure refinancing exercise that sees it generate millions of pounds in equity and debt funding.

Home furnishings giant Wayfair says its "ecommerce model is uniquely suited to serving customers’ very real needs at this challenging time," as it announced sales growth has rocketed in the past fortnight.

Britain's competition watchdog is to escalate its investigation into the completed takeover of the company behind ecommerce retailer 247Blinds by the owner of Hillarys into a Phase 2 inquiry, heightening the possibility of enforcement action.

The release of selected financial figures indicate a breakout year for privately-owned ecommerce retailer Furniture Box in 2018–19.

New filings reveal size of Business Growth Fund stake.

Losses widened for Wayfair in 2019 but the home furnishings giant said it made "rapid" U.K. market share gains as it invested in building brand awareness here.

A Staffordshire ecommerce group behind two high-end furniture and lifestyle retail websites has acquired the assets of Houseology, the premium home etailer that ceased trading last month.

New statutory filings disclose the depth of expected creditor shortfall at premium online furniture and lifestyle retailer Houseology Design Group, which was placed into administration last month.

Ecommerce retailer Wayfair U.K. has brought its CosmoLiving by Cosmopolitan programme of furniture and home accents to its British business for the first time.

Luxury furniture and interiors platform LuxDeco said it grew sales by more than a third during the final three months of 2019 as it bucked the malaise afflicting rivals.

Pan-European Internet retailer Home24 said it was profitable by one earnings measure in the fourth quarter as it began to reap the benefit of efficiency initiatives.

Home furnishings ecommerce giant Wayfair is to lay off 550 people worldwide, representing about 3 percent of its global workforce, according to the Boston Globe.

The website, database, brand and other intellectual property of Internet furniture and lifestyle retailer Houseology are being marketed for sale following the business being placed into administration last month.

Former Steinhoff U.K. CEO left board of cabinet furniture retailer The Cotswold Company late last year.



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