All DFS articles
Furniture retailer DFS was founded in 1969, as specialists in sofas and soft furnishings. It has since extended its presence in the UK to more than 120 DFS stores following its flotation in 2015. It is also active through the Dwell, Sofa Workshop and Sofology brands In recent years, it has made international moves by expanding into Ireland, the Netherlands and Spain. In addition to strong promotional and core DFS ranges, the retailer has exclusive partnerships with brands to target different customer types.
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NewsSofology’s managing director has stepped down as DFS ‘simplifies’ its management team
Sofology boss Emma Dinnis is set to step down alongside two other members of the senior leadership team as DFS pursues a “more simplified structure” within the group.
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NewsDFS wins scientific endorsement for carbon reduction targets
Sofas giant DFS’ programme to reduce carbon emissions has been endorsed by a leading group that defines and promotes best practice in science-based target setting.
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NewsDFS appoints interim chief financial officer after inline sales performance
Furniture retailer DFS has appointed an interim chief financial officer after it said sales were in growth in the current financial year.
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AnalysisWhere are retailers on their hyper-personalisation journeys?
All retailers are playing around with personalisation, but the rise of AI brings even more opportunities with the right strategy in place. We interview retailers including Osprey London, DFS and Dune to find out how they’re making progress
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NewsIkea, Argos and John Lewis to benefit from a furniture sales boost this quarter
Some of the UK’s biggest furniture and floorcovering retailers are set to benefit this golden quarter as the market makes a return to growth, according to GlobalData.
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NewsDFS finance chief is set to stand down
DFS chief financial officer John Fallon is to stand down at the end of the month from his role at the furniture retailer.
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Retail Navigator AnalysisDFS (Financials)
DFS group revenues fell 9.3% year on year to £987.1m in the 53 weeks to 30 June 2024 (FY2023) amid “exceptionally low market demand”. The retailer said this was partially mitigated by “successful gross margin and operating cost improvements”.
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NewsDFS has swung to a loss as shipping delays and interest rate rises take their toll
Furniture retailer DFS has swung to a loss, blaming ongoing shipping delays in the Red Sea and the effects of higher interest rates on borrowing.
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NewsDFS drops profit guidance due to ongoing Red Sea disruption
DFS has reduced its profit guidance on recent trading as it continues to be affected by ongoing Red Sea disruption.
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AnalysisBig ticket’s big squeeze: how are home retailers navigating sluggish demand?
As DFS issues another profit warning and Wickes reports that demand for pricier purchases has been ’challenging’, how much more penny pinching can big-ticket retailers take?
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NewsDFS issues profit warning as ‘weaker market demand’ takes toll
Sofa giant DFS has lowered its revenue and profit guidance for the full year as “weaker market demand” takes its toll.
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NewsDFS suffers weather hit to sales but confident in full-year guidance
Sofa giant DFS has reported a fall in demand but still expects to meet full-year earnings expectations.
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NewsDFS reaches ‘strongest ever’ market share despite challenging market
Furniture specialist DFS reported a record market share of 38% driven by “the group’s leading brands, scale and well-invested integrated retail proposition”.
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NewsDFS warns on profits despite reaching ‘record market share’
Furniture specialist DFS has warned that its full-year profits will be at the lower end of its previous guidance, despite achieving “record market share” and higher average order values.
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NewsDFS reiterates profit guidance after strong start to the year
Furniture specialist DFS has reiterated its full-year profit guidance and hailed a strong start to winter trading, having spent much of last financial year struggling with low customer demand.
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Opinion'Be bold - game-changing hires can add real value in a recession'
Cancelling or postponing key appointments is a false economy. Investment in people is a relatively small outlay and can make all the difference, says Clarity founder Fran Minogue
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NewsDFS order volumes strengthen after lean summer
DFS has indicated there may be some green shoots of recovery in the furniture sector after a tough summer, with order volumes strengthening heading into the golden quarter.
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NewsDFS profits plummet as supply chain issues and inflation take toll
DFS profits have plummeted as the retailer blamed supply chain issues, double-digit inflation and staff shortages for the slump.
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AnalysisAnalysis: As DFS and ProCook warn on profits, has the homewares sector lost its spring?
The homewares sector has enjoyed a boom over the past two years but, with DFS and ProCook issuing the latest in a string of profit warnings, has the pandemic bubble burst?
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NewsDFS sales and profits drop against lockdown boom
DFS has reported a decline in sales and profits compared with strong comparables during the lockdown period last year.