Is Oak Furniture Land in trouble?
Oak Furnitureland rescued in administration deal, saving more than 1,400 jobs. The UK’s largest retailer of oak furniture has been saved from the brink of collapse after being bought up in a pre-pack administration deal. Oak Furnitureland was sold for an undisclosed sum to hedge fund Davidson Kempner, saving 1,491 jobs …
Is Oak Furniture Land closing down?
Oak Furnitureland closing branches Oak Furnitureland has revealed that it will be closing 27 of its 105 stores – putting 163 jobs at risk. On June 15, the brand was acquired by global investment manager Davidson Kempner Capital Management following a sales process by Deloitte.
Where is Oak Furniture Land based?
Swindon
Oak Furnitureland is a British furniture retailer specialising in fully assembled hardwood cabinet and dining furniture, and sofa ranges. The company has stores across the UK, with its headquarters located in Swindon in Wiltshire, England….Oak Furniture Land.
Industry | Furniture, retail |
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Website | www.oakfurnitureland.co.uk |
Is Oak Furniture Land actually oak?
We use oak everywhere in our products because we really believe it makes them a better investment for your home. Back, bases, drawer runners, bed slats, they’re all made from 100% hardwood; we never compromise on the quality of the materials used in our products, bringing you the best quality at the best value.
Who owns oak furniture?
Oak Furniture House is part of the SWJ UK family businesses alongside Fusion Furniture Store and Garden Furniture House.
Which oak furniture stores are closing?
The showrooms earmarked for closure are the following: Basingstoke, Brent Cross, Burnley, Derry, Durham, Enfield, Guildford, Huddersfield, Leeds Crown Point, Macclesfield, Merry Hill, New Malden, Portsmouth, Romford, Rotherham, Rugby, Slough, Southend on Sea, Stafford, Sutton in Ashfield, Wallasey, Weston Super Mare.
Which oak furniture lands are closing?
Is Oak Furnitureland in administration?
In June 2020, Davidson Kempner Capital Management bought Oak Furnitureland out of administration.
Is Oak Furniture Land furniture made in China?
We source the majority of our furniture directly from manufacturers based in the UK, China, Vietnam and India, these are our Tier 1 suppliers. Our Tier 1 suppliers source timber and raw materials from their suppliers based in the USA, Europe, China, Vietnam and India.
Is Oak Furniture Land made in China?
Where does our wood come from? Our oak comes from the USA, Croatia, Germany, France, Austria, Slovenia and China.
Is Oak Furniture Land furniture made in UK?
We source the majority of our furniture directly from manufacturers based in the UK, China, Vietnam and India, these are our Tier 1 suppliers.
How many stores does Oak Furnitureland have?
78Oak Furnitureland / Number of locations