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Fresh fabrics, Boyteks Tekstil

Boyteks Tekstil is one of the largest suppliers of mattress ticking, upholstery fabric and carpet to the furniture manufacturing sector. Although still a young corporation, Boyteks has become one of the world’s most important manufacturers of mattress ticking and upholstery fabrics, standing out from the crowd thanks to its innovative and progressive principles....

FIRA presents the latest furniture industry statistics

FIRA’s new statistical digest provides a summary of how the UK furniture industry is performing, distilling data from a wide range of sources to identify the manufacturing, spending and trading trends that have dominated the sector. Furniture News presents an exclusive summary ...

Steinhoff appoints ex-KPMG CRO

Richard Heis, previously global head of restructuring at KPMG (based in London), has been appointed by Steinhoff International as chief restructuring officer for the group. Richard has some 25 years’ experience of restructuring complex and international groups....

RIP bed retailer Peter Betteridge

Peter Betteridge, who co-founded an award-winning independent bed retail business of the same name with his wife Angela in 1972, has sadly passed away at the age of 71. Industry leaders have praised Peter for his enthusiasm and entrepreneurial flair. The Peter Betteridge business currently trades from three Devon stores – two in Kingsbridge, and one in Honiton – plus a website....

Tvilum rescued by Steens-led group

Embattled Danish flat-pack furniture maker Tvilum has been rescued. A three-way investor consortium, led by Viking Trading, the parent company of Tvilum rival of Steens ­– plus members of the founding Kristiansen family and Tvilum’s new CEO, Torben Porscholdt – have signed a deal which saves some 500 of the (mostly factory-based) 600 jobs at Tvilum, which was declared insolvent last week. Viking Trading is the majority shareholder in the business, representing a significant consolidation of Dani...

What’s in store for retail in 2018?

For the Chinese, 2017 was the year of the Rooster – but its wake-up call failed to reach retail sales. In fact, the whole year remained dormant for a number of reasons – Phil Mullis looks at how retail unfolded and what the future may hold for the industry this year …...

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