A trendy on-line furnishings and residential decor retailer has collapsed with the corporate blaming the Covid pandemic as the rationale why it is gone underneath.
Stylish on-line retailer Brosa introduced on Wednesday it had appointed Richard Tucker and Michael Korda of KordaMentha as voluntary directors, who’ve since commenced the sale course of for the fallen enterprise.
‘The enterprise confronted challenges when gross sales declined after the Covid-19 restrictions have been lifted,’ Mr Tucker stated.
‘This brought on short-term cashflow pressures after a interval of phenomenal progress.
‘KordaMentha is searching for pressing expressions of curiosity within the sale of Brosa as a going concern.’
Luxurious furnishings store Brosa (pictured certainly one of their couches) has gone underneath
