Chinese furniture manufacturer and retailer Qumei has offered £471.2m in cash to buy upholstery manufacturer Ekornes.

The National Bed Federation is to introduce random product testing to see if mattresses, bases and headboards meet its Code of Practice.

Silentnight Group has completed its negotiations to exhibit at the 2019 January Furniture Show.

Closing stores has cost Marks & Spencer £321m in the past year.

Ian Filby, DFS ceo is to step down on 31 October. He will be succeeded by Tim Stacey, DFS group coo.

Carpetright has said its CVA will save it £19m a year and its fully underwritten share placing will allow it to accelerate the turnaround of the retailer.

An increase in furniture and flooring sales at John Lewis in the past wek was not enough to halt a large fall in sales.

Ikea has abandoned plans for a store near Preston, saying the site is no longer viable. The decision came after a sharp drop in profits last year.

Balta has confirmed that it has decided that its carpet division will not show at next year’s Domotex exhibition.