Floorcoverings firm Headlam Group has revealed that it intends to increase the prices of its residential products due to the ‘weakening’ of the pound following the Brexit result.
Furniture wholesaler and distributor Classic Furniture has reported a drop in both sales and profit for the year ended 30 September 2015, with the business ‘planning’ for the reduction due to increased pressure within the independent retail sector.
Furniture wholesale business Coach House has posted its highest ever turnover, with profit more than doubling in its latest account for the year ended 30 September 2015.
Swindon-headquartered supply business Neptune has reported another year of significant growth, with turnover rising by 168% as continued investment pays dividends.
Furniture manufacturer and wholesaler Addspace Furniture Limited has posted a fall in turnover for the first time in four years, as ‘consolidated’ product ranges effect performance.