Back
News

Sofology deal leaves DFS sitting pretty

DFS is planning to turn its Sofology business into a nationwide chain after it helped profits to double, but warned that falling consumer confidence would dent sales this year.

Sales at Sofology arm, which DFS bought for £25m in 2017, rose 21% in the six months to December.
Tim Stacey, who took over as chief executive of Britain’s largest furniture maker last year, said Sofology had performed “incredibly well”.

Click here for the full Times article (£)

Click here for the full Telegraph article (£)

Up next…