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Top Story

Legals Pinetum gets protection from creditors, owners seek rapid sale

 

The owners of furniture manufacturer Pinetum have received temporary protection from creditors while they try and find a buyer for the business.......Full Story

 


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Industry News

Markets Sofa firm, «Prices need to go up, but market is too tough» (s)

 

£20m turnover upholstery company registers sales rise but says it needs higher prices to improve margin. Full story in Premier Monday 6th September. How to subscribe.

 

Online Furniture design company launches ecommerce website

 

TDFurniture and lighting design business Tom Dixon has launched its first transactional website. The service is part of a complete overhaul that also includes a raft of new informational features.....Full Story

 

Trading £10m furniture manufacturer edges closer to profit (s)

 

One of the UK's best known furniture makers records flat sales but makes deep inroads into costs. Full story published in Premier Monday 6th September. How to subscribe.

 

Cabinet Big margin jump drives profit hike at £40m Lancs furniture firm

 

JBCabinet company JJO has returned a five fold profits increase to £2.3m before tax in the year to end February. Sales rose by 2.9% to £39.6m......Full Story

 

 

Flooring Balterio capex spend will boost production capacity by a third

 

Laminate flooring company Balterio is to increase its production capacity to almost 30m sqm following a €12m investment in its manufacturing plant and systems......Full Story

 

Trading W&G parent Samson reports 24.3% sales rise in H1 to $220.6m

 

Global furniture distributor Samson Holding - parent to the Willis & Gambier group in the UK and a suite of US based brands - grew sales by a quarter to $220.596m and profits before tax by 37.5% to $22.315m in the half year to end June......Full Story

 

Related Story

Chinese manufacturing output rises in August

 

Legals Graham & Green agrees CVA, gets protection from creditors

 

GGBFurniture, homeware and lifestyle retailer Graham & Green has agreed a Company Voluntary Arrangement (CVA) with its creditors, including HM Revenue & Customs......Full Story

 

Retail Dwell sets out 33-store plan, secures £5m from private equity

 

DBFurniture and homeware retailer Dwell has confirmed plans to open a further 33 stores across the UK and secured a £5m investment in the business from an independent private equity company.......Full Story

 

Trading High Street sales rise in early August, says CBI survey

 

More than half of all retailers saw annual sales growth in the first two weeks of August, with less than a fifth reporting contracting sales volumes, according to the latest CBI Distributive Trades Survey.....Full Story

 

Flooring Headlam to extend Lifestyle brand beyond carpets, profit up 10%

 

LifestyleFloorcoverings distributor and wholesaler Headlam says it will broaden the launch of its Lifestyle Floors brand beyond carpets and into other flooring, such as vinyl, wood and laminate, in the late autumn of this year.............Full Story

 

Legals Administrator appointed to £5m fitted furniture business

 

Fitted furniture company Pepper Kitchens is in administration, with Ian Carr and David Dunckley from the Cambridge office of professional services firm Grant Thornton appointed to run the business......Full Story

 

Flooring Frank's plans to grow store network beyond 30 within next year

 

FFOne of the largest privately owned carpet and floorcovering retailers in the UK plans to open a further ten stores over the next year to take its total to 35.........Full Story