DFS is in ‘advanced stages’ of being able to borrow another £60m-£70m and is considering a rights issue.
Natuzzi has begun producing medical grade facemasks at one of its Italian factories.
The Institute of Directors has called for urgent clarification on what activities directors can carry out while furloughed, following conflicting government advice.
The government must tell the business sector if it is going to extend its Coronavirus Job Retention Scheme beyond May or risk employees being made redundant, according to the CBI.
The government has extended the Coronavirus Job Retention Scheme to cover June.
Japanese furniture manufacturer Ritzwell has invoked memories of cherry blossom and of the earthquake and tsumani that hit the country in 2011 in message of support regarding coronavirus.
Next has partially reopened its website, selling bed linen, home accessories, kitchenware and children’s clothing.
Former furniture logistics company Andrew Porter has repurposed an area of its warehouse to provide emergency furniture storage.
Upholstery manufacturer Stressless has diverted production to help fight coronavirus.
Britain’s bedmakers are joining the battle to beat the Coronavirus pandemic.
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