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More jobs on the line as Land of Leather calls in the administrators (From Croydon Guardian)
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More jobs on the line as Land of Leather calls in the administrators
4:38pm Monday 12th January 2009
Furniture chain Land of Leather has gone into administration after attempts to sell the firm failed.
The company, who own a store in Purley Way, Croydon, said it had tried to cut costs and stay afloat but the economic downturn meant the January sales had been "very disappointing".
It entered talks with potential bidders in an effort to raise extra money but they ended in December after it said the offers received gave "insufficient value" for shareholders.
Land of Leather, which employs 850 people, issued three profit warnings in 2008 as sales slumped.
The Kent-based firm said it had appointed Lee Manning and Nick Edwards of Deloitte as joint administrators.
A statement said: “The administrators are working closely with the management to protect the interests of customers who have paid deposits on furniture orders.
"We have taken a number of steps both to protect customers and to inform them of how the administration affects their circumstances."
All those who either paid a deposit by credit card or Visa debit card, or who have paid a deposit by any means since December 26 are fully protected, said Deloitte.
Customers who paid a deposit by cash or by a non-Visa debit card before December 26 will be offered a discount on other stock if their original order cannot be fulfilled.
"However, it is the objective of the administrators to sell the business as a going concern and have all deposits honoured", added Deloitte.
The Purley Way store is open for business as usual, but Deloitte is urging customers who have paid deposits to use the sales hotline, email their enquiry address and visit the website, rather than visit the stores, unless they aim to pay the balance on goods ready for delivery.
Concerned customers can call dedicated hotline 0800 496 0868 or email enquiries to lol@deloitte.co.uk
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Your Say YourCroydon
scoffer, Beckenham says...
9:12am Tue 13 Jan 09
This is the trouble - people breaking employment laws e.t.c. are using those that should have been returned to their home countries to undercut British companies who work within the law and help close them down!!
Undercover footage showed an Asian millionaire gentleman taking on illegal workers cash in hand on twelve hour shifts - no paperwork, massive breaches of Health and Safety regulations - all destined for high street giant Primark... Oh yes, this Labour party have a lot to answer to... we saw illegal immigrants some here for eight years waiting for applications to be processed - we saw a visa over-stayer by three years working - the whole sorry state of illegal sweat-shops was here in Britain able to operate with a ready workforce of illegal migrants... this Government worries about thirld world immigrants being ripped off in far-away places yet allows those conditions to come to Britain, that see's our British companies folding every week!! Of course - the resident buffoon on here said everything was o.k. with the immigration system in this country - well all I can say is that this person must keep her brains where the monkey keeps it's nuts!! rofl!!
Brian Sewer, Tarring W.Sussex says...
11:04am Tue 13 Jan 09
I wonder if its on that news website that keeps people up to date
DonnaKaran, Crystal Palace says...
12:53pm Tue 13 Jan 09
DonnaKaran, Crystal Palace says...
12:54pm Tue 13 Jan 09
scoffer, Beckenham says...
2:19pm Tue 13 Jan 09
Brian Sewer, Tarring W.Sussex says...
4:02pm Tue 13 Jan 09
NastyMrTom, Croydon says...
5:07pm Tue 13 Jan 09
scoffer wrote:
Yes Donna... British jobs are being lost - it's very important to point out EXACTLY what's being reported in the main media outlets linked to jobs being lost - The BBC (not normally one to carry out investigations on illegal migration!!) has highlighted that Primark is using black market illegal migrant labour and abusing those employed as well!! - this is costing British business dear - you cannot ignore what's happening and say it's not important!! If you disagee with me, say why ? how ? otherwise it's pointless posting anything - have a little think about it and re-post something.
The BBC's report was very interesting...but you're not you BNP bigot , run along and spread your filth elsewhere
NastyMrTom, Croydon says...
5:07pm Tue 13 Jan 09
scoffer wrote:
Yes Donna... British jobs are being lost - it's very important to point out EXACTLY what's being reported in the main media outlets linked to jobs being lost - The BBC (not normally one to carry out investigations on illegal migration!!) has highlighted that Primark is using black market illegal migrant labour and abusing those employed as well!! - this is costing British business dear - you cannot ignore what's happening and say it's not important!! If you disagee with me, say why ? how ? otherwise it's pointless posting anything - have a little think about it and re-post something.
The BBC's report was very interesting...but you're not you BNP bigot , run along and spread your filth elsewhere
Brian Sewer, Tarring W.Sussex says...
6:50pm Tue 13 Jan 09
NastyMrTom, Croydon says...
10:07pm Tue 13 Jan 09
yup , look at this one I'm holding up right now bigot
scoffer, Beckenham says...
9:43am Wed 14 Jan 09
scoffer, Beckenham says...
10:44am Wed 14 Jan 09
scoffer, Beckenham says...
7:30pm Wed 14 Jan 09
Brian Sewer, Tarring W.Sussex says...
9:39am Fri 16 Jan 09
Brian Sewer, Tarring W.Sussex says...
1:02pm Sun 18 Jan 09
NastyMrTom wrote:I missed this on the telly at least people are seeing the state this country is in
scoffer wrote: Yes Donna... British jobs are being lost - it's very important to point out EXACTLY what's being reported in the main media outlets linked to jobs being lost - The BBC (not normally one to carry out investigations on illegal migration!!) has highlighted that Primark is using black market illegal migrant labour and abusing those employed as well!! - this is costing British business dear - you cannot ignore what's happening and say it's not important!! If you disagee with me, say why ? how ? otherwise it's pointless posting anything - have a little think about it and re-post something.The BBC's report was very interesting...but you're not you BNP bigot , run along and spread your filth elsewhere
Will the noodles be reporting about it along with the greens?
Your sayYour Croydon
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scoffer, Beckenham says...
5:42pm Mon 12 Jan 09