more news

db_file_img_1057_autoxauto.jpg

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.

db_file_img_1258_autoxauto.jpg

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.

chart green.jpg

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.

db_file_img_5791_675xauto.jpg

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.

db_file_img_2351_autoxauto.jpg

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.

db_file_img_1276_autoxauto.jpg

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

Ship import

Imports up, exports down, says latest furniture data

20 January 2017

Imports of furniture into the UK rose in November, whereas exports outside the UK reported a slight fall, according to latest HM Revenue and Customs statistics.

Competition and markets authority office

Two UK furniture manufacturers fined £2.8m

20 January 2017

Two UK furniture component suppliers have been fined a total of £2.8m for illegal cartel activity following an investigation from the Competition and Markets Authority (CMA).

Morris holdings china

Chinese sofa supplier announces IPO

20 January 2017

Chinese upholstered sofa and sofa covers manufacturer Morris Holdings has announced an IPO on the Hong Kong Stock Exchange with a total of 250 million shares on offer.

Tempur sealy hq

Tempur Sealy to refresh Sealy brand; launches Tempur-Pedic anniversary mattress

20 January 2017

Mattress giant Tempur Sealy International, Inc. has announced that its Sealy brand is to be refreshed during 2017.

Fira logo new

Four furniture standards remain in place

20 January 2017

The Furniture Industry Research Association (FIRA) has announced four furniture standards that have been re-confirmed.