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Headlam reveal price increase as Brexit impacts currency rate

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.

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Supplier posts ‘planned’ fall in sales and profit

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.

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Luxury supplier posts huge rise in sales

Swindon-headquartered supply business Neptune has reported another year of significant growth, with turnover rising by 168% as continued investment pays dividends.

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Supplier delivers record sales as UK market grows

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.

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Furniture firm posts lull in sales; sharp fall in profit

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.

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Indus Valley expands sales teams

Nottingham-based furniture wholesaler Indus Valley has announced the appointments of four new sales agents as it looks to expand its presence within its target market.

Manufacturing News

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Magniflex to re-enter UK market with debut London HQ

9 December 2016

Italian mattress brand Magniflex has announced that it plans to open its debut UK office in Chiswick, West London.

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Sofas and beds showing ‘steady’ UK growth, says new data

9 December 2016

A new study has indicated that both the UK upholstered furniture and beds sectors are showing signs of ‘steady’ growth, as imports increase market share.

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John Lewis of Hungerford surpasses £8m sales mark as it streamlines business for future growth

9 December 2016

Kitchen and bedroom manufacturer and retailer John Lewis of Hungerford has reported a fifth consecutive year of sales growth, surpassing the £8m milestone for the first time.

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Neptune appoints property specialist as it plots London expansion

8 December 2016

Swindon-headquartered supply business Neptune has revealed its target locations in London as it plans to expand its presence in the capital.

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Furniture Makers’ Christmas Ball raises over £4,000

8 December 2016

The Furniture Makers’ Company has revealed that its Christmas Ball raised more than £4,000 for the industry’s dedicated charity.