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A fifth straight decline in upholstery imports means the value of goods shipped to the U.K. is down by a third in the first half of 2020. But June figures were an improvement.
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The owner of furniture brands including Cassina and Cappellini, has signed a letter of intent with a U.K. listed nano tech materials company as it looks to develop and commercialise an enhanced leather product.
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A U.S.-owned West Yorkshire healthcare business whose products include riser recline chairs and adjustable beds enjoyed a big balance sheet boost last year.
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Upholstery market leader DFS has taken the opportunity to maximise spare showroom space with the launch of a test DFS Bed Centre concept at one of its stores in the North East.
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Third-party interest remains in South Wales sofa maker Formation Furniture but the former Blue Group business unit — in administration since the end of June — is now entering last-chance saloon.
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Man Wah Holdings, the Far East upholstery conglomerate, has sought and received more time to prepare its potential takeover approach for leather sofa maker HTL International.
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Privately-owned upholstery retailer Sofas & Stuff is to relocate its Midlands presence with the opening of a new and larger store, replacing its Birmingham showroom.
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Britain's number two upholstery retailer ScS said order intake has almost doubled since the lockdown ended, reflecting pent-up demand.
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Higher revenue and wider gross margin helped boost earnings at Furnico, one of the largest upholstery producers in the U.K., last year.
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Incanto Group, once one of the largest European suppliers of leather upholstery to British furniture retailers, is relaunching in the U.K. market this autumn with its Digiò Leather Sofas by Sofaitalia brand.
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Himolla, the German upholstery manufacturer, has announced the death of Karl Sommermeyer, its former managing director. He died July 16, aged 71.
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Losses increased on lower turnover for the combined Harveys and Bensons for Beds retail chains last year. But the Blue Group, as it became known, continued to make money from its manufacturing operations.
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Upholstery retailer Sofas & Stuff is to bolster its presence in the North West of England with a first showroom in Cheshire and its 14th at all.
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Natuzzi's new chief commercial officer for Western Europe says the pandemic has not quelled its interest in the U.K. market with two stores opening in the autumn and more planned in the medium term alongside investment in wholesale.
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HTL International has opened the doors to its permanent U.K. showroom in Staffordshire where the sofa maker is presenting its new 2020 collection.
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A going concern sale of what was Steinhoff's South Wales upholstery factory will need to be tied up within weeks with staff close to completing all outstanding orders.
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China's furniture industry was first into the coronavirus crisis and looks to be the first out, with upholstery imports into the U.K. showing signs of recovery after deep declines earlier this year.
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Upholstery vertical Sofa.com has followed the closure of its Edinburgh store by paring back its physical presence in the English capital too. A second shop will remain permanently shut.
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The proposed acquisition of a controlling stake in leather sofa maker HTL International by Man Wah Holdings, if it goes ahead, would transform the recliner giant's U.K. business.
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Sofology, the DFS-owned upholstery retailer, has parked plans to open five new stores as it looks to take advantage of opportunities that may emerge in commercial property.
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Italian sofa maker and retailer Natuzzi is presenting its new 2020 collection at a dedicated Cardiff at Home Congress for U.K. dealers and partners.
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The prepack buyout of a pioneering U.K. self-assembly sofa manufacturer and retailer leaves creditors facing a shortfall on their debts.
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The former chief financial officer at footwear retailer Shoe Zone has been appointed to the same post at TCM Living, the upholstery group behind the Ashley Manor, AMX Designs, Alstons and Alexander & James brands.
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Growing direct-to-consumer upholstery brand Snug is to add a sofa bed option, which will also ship in a box like the company's existing product roster.
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A Long Eaton upholstery manufacturing group with 28 employees has filed for insolvency after it failed to replace orders lost last year.
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The reopening of furniture stores has unfurled latent demand among consumers with DFS orders spiking by more than half since the beginning of June.
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Upholstery market leader DFS has spelled out the forecast impact of the Covid-19 crisis on its 2019–20 results, and says it will incur further costs as a result of restructuring.
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Man Wah Holdings could ride to the rescue of leather sofa giant HTL International, one of the largest suppliers of upholstery to the U.K. market, after it struck a framework agreement to acquire a controlling stake.
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British upholstery production dropped to its weakest level since 2014 last year as volumes fell almost double-digit on the back of weaker demand.
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Wayne Hollis, md at rise and recline upholstery producer Celebrity Motion Furniture, says the long-term aim is to lead a management buyout (MBO) and has reaffirmed the company's intent to refocus as a single-brand business.
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Upholstery market leader DFS plans to move into a vacant unit adjacent to its existing Preston store in a move that will reduce its footprint in the city.
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Rise and recline chair maker Celebrity Motion Furniture has, as was widely expected, secured the backing of creditors for its company voluntary arrangement (CVA).
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The prospect of Natuzzi's shares being delisted from the New York Stock Exchange (NYSE) has diminished after the Italian sofa maker regained compliance with listing rules.
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A Staffordshire cushion manufacturer with 50 employees and partnerships with prestige fabrics brands has folded as a result of the coronavirus pandemic.
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First quarter revenue declined more than a fifth for Italian sofa giant Natuzzi with almost all its markets worldwide impacted by the Covid-19 pandemic.
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The shutdown of the leisure and hospitality industry will have a major impact on revenue says one of the sector's largest suppliers of furniture and custom-made furnishings. But lower sales didn't stop it growing profits last year.
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Nicoletti Home says there will be no summer cutoff for orders this year while the southern Italian sofa maker is to bring new products planned for the spring Salone del Mobile show to the U.K. next month for an exclusive event for its retail partners.
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Upholstery vertical Sofa.com has permanently closed one of the first stores it opened after it began a national rollout of shops five years ago.
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One of the pioneers of British flatpack upholstery production and retail has completed an insolvent buyout following an earlier company voluntary arrangement (CVA).
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Dan Oscroft has been promoted to sales director at upholstered furniture manufacturer Whitemeadow following the decision of longtime incumbent Paul Wesson to retire.
