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SOURCING

Furnishings firm Caldeira says retailers are driving shift from China to UK production

Published 29.12.2011 06:00 | Last Updated 29.12.2011 06:00

 

A lack of desire among retailers to hold stock is driving an onshoring effect in the UK home furnishings sector, according to textile business Caldeira, which has manufacturing operations at home and in Asia.

 

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NATIONAL

Furniture Village creates space as sales rise 6.3%

Published 28.12.2011 06:00 | Last Updated 28.12.2011 06:00

 

FVSales climbed 6.3 per cent to £180.7m for national retailer Furniture Village in the year to 3 April, with the group hoping to glean more revenue out of its existing store estate over the next year.

 

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TRADE ASSOCIATIONS

BFM md Jackie Bazeley joins BFC Executive

Published 28.12.2011 06:00 | Last Updated 28.12.2011 06:00

 

Jackie Bazeley, md of the association of British Furniture Manufacturers (BFM), is to join the British Furniture Confederation (BFC) Executive from January.

 

BFM is the lead UK trade group representing furniture makers, while the BFC is a lobby group funnelling the views of assorted UK furniture and furnishing trade groups.

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REGIONAL

Sterling Furniture launches fuel-back scheme

Published 28.12.2011 06:00 | Last Updated 28.12.2011 06:00

 

Winter sales kicked off across the UK on Boxing Day but Scottish furniture chain Sterling has launched one of the country's more innovative offers.

 

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CONTEMPORARY FURNITURE

Profits return for £35m furniture retailer the Conran Shop

Published 23.12.2011 05:00 | Last Updated 23.12.2011 05:00

 

Lower costs and an improved performance from its London based operation helped modern furniture and homeware retailer the Conran Shop return to profit despite revenue flatlining in the year to end March.

 

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BRAND LICENSING

Marks & Spencer deal will raise profile and income, says Conran

Published 23.12.2011 05:00 | Last Updated 23.12.2011 05:00

 

Putting the Conran name to Marks & Spencer's furniture and homeware offer will crank up brand appeal and revenue capability, according to the Conran Group.

 

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DEALS & RESTRUCTURING

Lighting and flooring companies sold to new owners

Published 23.12.2011 05:00 | Last Updated 23.12.2011 05:00

 

Hull based KMS Facilities, a building services company, has agreed to buy floorcoverings contractor the Complete Flooring Company (CFC) from its private shareholders for an undisclosed sum.

 

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FLOORCOVERINGS

Founding family member tries to wrestle control of Victoria Carpets

Published 22.12.2012 06:00 | Last Updated 22.12.2011 06:00

 

Alexander Anton, whose great-grandfather founded Victoria Carpets more than 115 years ago, has launched an audacious bid to take control of the flooring manufacturer, but the current management team have issued a hands off warning.

 

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DEALS & RESTRUCTURING

Forbo group sells bonding division for £250m

Published 22.12.2011 06:00 | Last Updated 22.12.2011 06:00

 

International floorcoverings group Forbo has agreed to sell its bonding systems division to American chemicals and sealants company HB Fuller for CHF 370m, about £252m.

 

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FURNITURE RETAIL

Sales for 2011 hit £40m for Oak Furniture Land

Published 21.12.2011 06:00 | Last Updated 21.12.2011 06:00

 

OFLHardwood furniture chain Oak Furniture Land says year to end September sales have risen more than 50 per cent, with turnover reaching £40m on the back of a slew of store openings through 2011.

 

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