Oak Furnitureland

Oak Furnitureland launches lifetime furniture guarantee

Oak Furnitureland has announced the launch of a new lifetime furniture guarantee, cementing its long-held belief that “furniture should be built to last”.  The guarantee is available on the structural framework of furniture – from sofas, armchairs and footstools, to dining tables, wardrobes and sideboards – covering key components such…

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Oak Furnitureland losses narrow by 19% to £12.4m in FY24

Oak Furnitureland has narrowed its losses by 19% to £12.4m, down from a previous loss of £15.4m, in the year ended 30 June 2024, despite group revenues falling by 17% to £236m due to a soft market and Red Sea disruptions. The group attributed its narrowed losses to its “diverse”…

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Oak Furnitureland revenues hit £275.3m in FY22

Oak Furnitureland has revealed its revenues increased 10% to £275.3m in the financial year ended 30 June 2022. The furniture retailer’s gross margins also increased to 54.2% in 2022 compared with 51.7% in the previous year.  In addition, operating profit reached £7.1m compared with £5.4m in the previous year. However,…

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