The popularity of homewares brand Cath Kidston shows no sign of waning as it plans two flagship stores in London and Shanghai. The chain saw sales top £100m for the first time as they rose by 19% to £105m in the year to 31 March. EBIDTA jumped 13% to £21m as it opened 33 branches increasing store numbers to 118.
A sharp upturn in potential buyers could mean a recovery in the housing market 'is around the corner.' The UK housing market appears to have finally turned a corner as buyers returned to the market in their largest numbers for four years, according to the latest RICS Residential Market Survey.
The British Retail Consortium has abandoned its campaign for business rates to be frozen, despite the tax costing £7bn a year.
Bed chain Dreams has recruited Mike Logue, former Mothercare UK md as chief executive. Logue, who left the parent and baby specialist retailer in January, succeeds Nick Worthington, who stepped down in June after five years running the retailer.
Conservatory furniture supplier Desser has relaunched its website as part of its online marketing campaign. The revamped website boasts a number of design upgrades including a streamlined, contemporary look, a simple navigation bar to ensure consumers can access the information they require instantly and easily and nationwide stockist details.
Ikea is recalling thousands of children's beds because of a design fault that could leave children at risk of cutting themselves.
The National Bed Federation has announced the death of its former president Bernard Fox, aged 90. Fox was a former md of Batley Padding and a director of Rest Assured; and NBF president from 1978-1980.
Upholstery producer HTL has seen profits almost vanish in the first half of the year as it is hit by falling sales and currency losses.
John Lewis lifted sales of furniture and carpets, with some categories enjoying double digit increases.
New homes could become larger in the future under proposals to streamline housebuilding. The Department for Communities and Local Government has launched a consultation on cutting red tape for builders and has raised the possibility of introducing nation space standards.
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