NewsOdy

News details

donation

No rest for Sofa.com as owners seek buyer

No rest for Sofa.com as owners seek buyer
Thursday 17
23:20 2019

One of Britain's biggest online furniture retailers has kicked off an urgent search for a buyer, underlining the challenges facing internet-based shops even as their high street rivals battle the worst trading environment for decades. Sky News has learnt that the owners of Sofa.com have hired KPMG to identify a buyer. LGT European Capital, which took control of Sofa.com last year after having been a lender to the business, is understood to be seeking to secure a change of control within weeks. The sale process comes despite people close to the company insisting that it recently enjoyed its best-ever trading ...

Rate this article:

Read more from Sky News : No rest for Sofa.com as owners seek buyer
Sky News : No rest for Sofa.com as owners seek buyer

Summary: One of Britain's biggest online furniture retailers has kicked off an urgent search for a buyer, underlining the challenges facing internet-based shops even as their high street rivals battle the worst trading environment for decades.

Tags
🎬Latest Reviews

Has Glyn Razzell served 13 YEARS in jail for one of Christopher Halliwell's murders?

Glyn Razzell, 44, a redundant investment banker, has been behind bars for ...

'No, I’m a Londoner': Top Boy's Yann Demange on his tussle with identity in the US

The filmmaker was born to French-Algerian parents and made his home, and ...

Richard Billingham: ‘Statistically, I should be in prison, dead or homeless’

The photographer made his name with a series showing his dysfunctional parents, ...

It’s cool to spool again as the cassette returns on a wave of nostalgia

Sales are soaring and current stars are releasing tracks on the format… ...

France turn screw with late fourth try as Scotland’s losing Paris run continues

France have remembered at last. Beautiful rugby is all very well but ...

Miguel Almirón sparkles on home debut as Newcastle down Huddersfield

When the floodlights were turned on in the second half it seemed ...
loading
🎬Most popular reviews

Munich shooter was mentally ill loner Ali David Sonboly obsessed with shooting sprees

As the first pictures of those killed started to emerge yesterday, it ...

Mom-of-14 Natalie Suleman tells of shame over stripper past and Xanax addiction

Controversial mother of 14 Natalie Suleman has told how she was forced ...

Steven Horden snaps his penis in half after 'rigorous doggy style' sex session

WARNING: GRAPHIC CONTENT. Steven Horden, 37, from Gillingham, Kent, admitted that he ...

British Airways pilot Colin Glover suspended for 'photos performing sex acts at 38000ft'

Colin Glover, who lives in Dublin, denies he is the man in ...

Naked photographs emerge of Ukrainian minister Anastasia Deeva in charge of European integration

Ukraine's bid to join the EU took a new twist today when ...

Son of Pablo Escobar says the Colombian drug lord KILLED HIMSELF

Sebastian Marroquin, 39, pictured with his father Pablo Escobar, said it was ...
loading

Comments

Login / Sign Up

Popular Entities

director

director

comments
teacher

teacher

comments

Ball

comments

Munich

comments

France

comments

Popular categories