Analysis: 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?
DFS and ProCook both issued profit warnings this week, blaming the cost-of-living crisis for a drop-off in consumer demand for big-ticket items.
The two retailers are not the only ones in the homewares sector to flag a decline in sales over the first half of this year.
Already have an account? Sign in here