Thought leadership

79532516 - carmarthen, wales, uk – january 2, 2017:  carpetright retail stores just outside the town centre

Carpetright shares hit the floor after profits warning

Shares in floor coverings specialist Carpetright have plunged 45% after it warned that full-year profits would be much less than expected. It blamed the profit alert on a “sharp deterioration” in UK trade, with sales in the key post-Christmas period “significantly behind expectations”. Carpetright now expects profits to be between £2m and £6m, compared with […]

56615190 - mattress isolated on white background. stack of orthopedic mattresses of different sizes. 3d illustration

Warren Evans looking to sell its business and the offers are coming in

British bed and mattress manufacturer Warren Evans has confirmed reports it is trying to sell the business. The firm said it had appointed restructuring firm Duff & Phelps to help it find a new investment partner. The company is currently owned by eponymous founder Warren Evans, who started the handmade beds firm in 1978. The […]