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The Camden-based firm had put itself up for sale earlier in the year, but said failed fundraising efforts had forced the company to appoint administrators after it was unable to withstand “the economic tsunami that has gathered momentum”.
The “sleep wellness” brand’s collapse intensified pressure on beleaguered furniture business Made.com as it warned there was “no certainty that an offer will be made” after putting itself up for sale earlier this month.
The “big ticket” furnishing sector has been particularly badly ravaged by the tightening of consumer purse-strings as a result of the cost of living crisis.
Denne historien er fra October 17, 2022-utgaven av Evening Standard.
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Denne historien er fra October 17, 2022-utgaven av Evening Standard.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Kylie Minogue loves the bar at Louie, startling Beefeaters and snooping in The Conran Shop
Currently it’s largely suitcase-based as I’ve been doing so much travel for work, but Melbourne, Australia, is home.
Are Spurs willing to invest what it takes to win trophies?
Criticism of the manager for the club's struggles misses the point-whatever he says, he's not been given a squad ready to push for the biggest honours
Crowning glory awaits Britain's golden girl
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Residents at war over £10 billion 'Shanghai-style' Earl's Court plan
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The secrets of selling the capital's £40m homes
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Jenny Packham on Amsterdam why is truly magical at Christmas time
The designer gets lost in the cobbled streets and is entranced by the city’s twinkling lights and unique spirit
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Here is a place to blindly lose oneself in a labyrinth of staircases and thresholds.
Decline and fall: what comes after peak wellness?
The social elite are obsessed with devices that track their health but the backlash is building
The newest AI can arrange your holiday- but will it be a strictly woke one?
A lightning-quick artificial megabrain with an appetite for social justice? WILLIAM HOSIE has a chat with Claude Al
'Fame just isn't healthy
Mercury Prize-winning band English Teacher on the pressure of success, trying not to burn out and the challenges black women face in indie music
