Fear for jobs at Wrexham's Land of Leather store
Published Date:
13 January 2009
Furniture retailer Land of Leather has called in administrators after attempts to sell the firm and to raise extra money failed.
The company, which employs 850 people, issued three profit warnings in 2008 as sales slumped.
Lee Manning and Nick Edwards of Deloitte LLP, the business advisory firm, were appointed as joint administrators yesterday afternoon.
Deloitte partner Lee Manning said: "The Land of Leather stores will continue to trade as normal, while the administrators continue to talk to interested parties with a view to concluding a sale of the business as a going concern."
The full article contains 103 words and appears in n/a newspaper.
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Last Updated:
13 January 2009 10:53 AM
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Source:
n/a
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Location:
Wrexham
