All DFS articles
-
Opinion
‘Are the lights turning back on in the home and furniture market?’
Updates from DFS and Dunelm this week struck a cautious note, but there are signs of life in the home goods category, including a big move by Primark, believes George MacDonald
-
News
DFS ‘cautiously optimistic’ following profit and sales growth during first half
Furniture retailer DFS has reported profit growth during the first half as it continues to establish position as “the clear market leader”.
-
News
Sofology’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.
-
News
DFS 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.
-
News
DFS 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.
-
Analysis
Where 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
-
News
Ikea, 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.
-
News
DFS 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.
-
Retail Navigator Analysis
DFS (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”.
-
News
DFS 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.
-
News
DFS 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.
-
Analysis
Big 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?
-
News
DFS 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.
-
News
DFS 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.
-
News
DFS 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”.
-
News
DFS 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.
-
News
DFS 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.
-
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
-
News
DFS 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.
-
News
DFS 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.