All Sofa.com articles
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AnalysisAnalysis: How Frasers is plotting a profitable path through cost-of-living crunch
Frasers Group boss Michael Murray explains how it will maintain momentum to navigate its way through the cost-of-living crisis, inflation, supply chain challenges and battered consumer confidence
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Retail Navigator Analysis
Sofa.com (Overview)
Sofa.com forms part of Frasers Group’s growing arm of homeware brands, having been acquired in early 2019. It saw its revenues fall 16.8% to £37.8m for the year ending 30 April 2023 (FY2022), having jumped 28% year-on-year to £45.4m the year prior.
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Retail Navigator AnalysisSofa.com (Financials)
Sofa.com forms part of Frasers Group premium lifestyle portfolio of brands. For the year ending 30 April 2023 (FY2022), Sofa.com saw its revenues fall 16.8% to £37.8m, having jumped 28% year-on-year to £45.4m the year prior.
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NewsFrasers Group blames profit slump on Brexit and coronavirus
Mike Ashley’s Frasers Group reported a slump in profits that it blamed on a prolonged period of Brexit uncertainty followed immediately by the coronavirus crisis.
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NewsSports Direct profits rise as it shrugs off Belgian tax bill
Sports Direct has posted a jump in half-year profits and insisted the shock tax bill it received from Belgian authorities in the summer “will not lead to material liabilities”.
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AnalysisThe many faces of Mike Ashley: Deal maker, drinker, disruptor
“It’s like he’s playing Pokémon or something – trying to catch ‘em all.”
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NewsScS pulls out of running to snap up Sofa.com
ScS has pulled out the race to buy fellow furniture specialist Sofa.com, seemingly paving the way for Sports Direct tycoon Mike Ashley to snap up the business.
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OpinionOpinion: Why would fashion etailers open stores?
The changes in the retail landscape continue, in terms of brands and consumer behaviour.
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NewsSofa.com Christmas sales jump amid store expansion
Sofa.com unveiled a 28% increase in sales over the golden quarter, as first-time customers visited its new London showrooms.
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NewsBreakfast briefing: Agent Provocateur and more
Retail news round-up: Agent Provocateur’s chief to step down, French Connection declines to engage with investors, Sofa.com posts boost in sales, and MySale reports online increase
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DataRetail league table: Christmas trading 2016
Find out how retailers have performed during the critical Christmas 2016 trading period, with our league table comparing like-for-like sales.
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NewsSofa.com to launch Leeds pop-up
Upholstered furniture retailer Sofa.com is poised to open a new pop-up showroom in Leeds as it continues to grow its UK store footprint.
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NewsIn pictures: Retail Week Rising Stars Awards Winners 2015
Winners of the Retail Week Rising Stars Awards, in association with the Theo Paphitis Retail Group, were announced last night in London.
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NewsSofa.com appoints Vince Gunn as chief executive after Gareth Williams exit
Sofa.com has hired Vince Gunn from shoemaker Crocs as chief executive to replace the departing Gareth Williams.
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NewsSofa.com parts with boss Gareth Williams six months after acquisition
Sofa.com is parting company with chief executive Gareth Williams six months after being taken over by a new owner.
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NewsAt a glance: Newly acquired furniture specialist Sofa.com
As Sofa.com is acquired by private equity firm CBPE for around £50m, Retail Week takes a detailed look at the furniture specialist’s history.
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NewsSofa.com sold for £50m, former Mappin & Webb boss to become chairman
Former Mappin & Webb boss Justin Stead will become chairman of Sofa.com after the online furniture retailer’s £50m sale to private equity firm CBPE.
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NewsBreakfast briefing: Retail news on Sofa.com, Tesco, Halfords and more
Retail news round-up on February 8, 2015: Justin Stead to chair Sofa.com after sale to CBPE; Tesco squeezes small suppliers; Halfords hires headhunter Egon Zehnder.
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NewsSofa.com picks Bath for second showroom as it expands outside London
Sofa.com has picked Bath for its first showroom outside of London and its second showroom in the UK.
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NewsFormer Wiggle boss Humphrey Cobbold in bid for Sofa.com
Former Wiggle chief executive Humphrey Cobbold is working on an offer for Sofa.com alongside buy-out group Close Brothers.
