15 July 2024, 04:09
By Furniture News Mar 22, 2024

High-end furniture e-tailer in administration

High-end furniture ecommerce brand Luxdeco entered administration on 15th March.

Gary Shankland, Kevin Murphy and Paul Appleton, all of Begbies Traynor (London) LLP, were appointed joint administrators on the same date.

The affairs, business and property of Luxdeco Ltd are now being managed by the administrators, reads a statement on Luxdeco's website: "The administration moratorium provides a ‘breathing space’ during which we will assess whether a rescue of the company is feasible.

"At present, we are unable to fulfil orders and will not for the time being, be accepting any new orders. If you are owed money by the company, you should complete a proof of debt form to lodge your claim in the administration. The form can be requested by email at [email protected].

"We will be writing to creditors in due course with further information."

The administrator has declined to comment at this stage.


RELATED CONTENT


Alt text here
Nov 18, 2021 Interviews

Why Luxdeco went B2B

As part of our D2C special in October's issue of Furniture News, Carina Bartle, VP sales and partnerships at Luxdeco, shares her insights on why…

Alt text here
May 03, 2022 News

LuxDeco campaign champions independent designers

LuxDeco continues support of independent designers with annual ‘Think Big, Shop Small’ initiative London, April 2022; For immediate…

© 2013 - 2024 Gearing Media Group Ltd. All Rights Reserved.