Consumer confidence dropped back in December, in contrast to anecdotal evidence, but is forecast to be a only short-term set-back.
Piero Ambrogio Busnelli, founder of B&B Italia, died on 25 January. 'He was a visionary entrepreneur on the scene of design and an extraordinary ambassador of Made in Italy in the world. The furnishing sector has lost a great interpreter in the history of Italian design, a pioneer who believed in it from the onset by furthering its success in the world with farsighted initiatives,' says the company.
The UK economy grew by 1.9% last year, its strongest rise since 2007 when growth was 3.4%.
Europe's four major producers of polyurethane foam operated a cartel for almost five years in 10 EU countries, including the UK, and three of them have been fined almost £100m. The fourth avoided a fine of £50.9m as it told the competition authorities about the cartel.
GNG Group has appointed former Dunlopillo and Bensons for Beds executive Simon Williams as business development manager for its mattress division.
Ikea has paid a dividend to its parent charitable foundation for the first time in six years. It says it has enjoyed an upturn in UK performance in recent months.
The organisers of the new furniture exhibition to be held at the NEC next January have moved the show earlier in the month to prevent it clashing with Domotex and IMM Cologne.
Carpetright has again issued a profits warning despite an improvement in UK business.
The final and 29th Interiors UK saw visitor numbers leap during last week's event, but were still more than 10% down on the 2012 show.
SMG The National Furnishing Group has revealed its new logo.
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