Urgent press release. Brexit how will it affect the sofa market.
The price of sofas is tipped to increase by around 40% in the UK during 2017. Analysing the facts would draw one to conclude that beside the obvious drop in exchange rate of the UK pound against the world currencies, there is a knock on affect on the sourcing of raw materials too.
With the value of the pound down, Savvy consumers looking to purchase a new designer sofa or a corner suite for their home, would be well advised to act quickly and purchase earlier than perhaps planned.
Furnimax is a specialist in designer sofas with a great range of leather corner groups and latest contemporary style designs. Many of the sofas and suites sourced by Furnimax the Lancashire sofa outlet warehouse, are from Italy and Europe.
As The U.K.’s largest single store independent retailer of Natuzzi sofas and Natuzzi Group UK factory outlet store, a huge bulk quantity of Natuzzi product has been purchased at the pre-Brexit price and taking advantage of bulk discounts negotiated earlier this year. This has been necessary to ensure our Natuzzi special “In Stock” offers continue to be at the current low prices, and as a comparison will be around 50% cheaper than other retailers as the inevitable price hikes kick in. Even so the stock will need to be replaced and probably be depleted by April – May 2017.
Customers looking to order a bespoke Natuzzi Editions sofa or designer corner group would be well advised to do that within the next few weeks as the currency exchange rate drop will trigger an inevitable price hike, which will affect all retailers and Natuzzi stockists in the same way.
La-Z-Boy have already increased prices on customer orders, however Furnimax are freezing pre-Brexit customer order prices for a limited period. The Lancashire sofa La-Z-Boy outlet warehouse is also carrying high level of La-Z-Boy stock purchased pre-Brexit so customers can currently take advantage of pre-exchange rate drop/Brexit prices.
Furnimax have also committed to support Sofa utopia, Fenton, Stoke-on-Trent, Staffordshire, designer sofa store. with stock to ensure they are the lowest price designer sofa and Natuzzi outlet in the Midlands.