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Cussins led consortium buys Sofa Workshop
30th January | upholstery | Sofa Workshop is back in the hands of Andrew Cussins, the man who founded the firm back in 1985.
The company, which appointed administrator Leonard Curtis on 22nd January, has been bought by Erewash Upholstery Ltd, which is controlled by a consortium of investors led by Cussins.
10 stores and 50 jobs have been saved. The stores, as the Furnishing Report predicted earlier this week, include four in London and six others. The remaining 20 stores will close.
The stores to be retained are those in Bath, Bristol, Exeter, Guildford, Kingston, and Tunbridge Wells as well as the Battersea, Chiswick, King’s Road and Tottenham Court Road stores in London.
Related stories
Andrew Cussins link with Sofa Workshop bid gains momentum
Sofa Workshop in administration; Cussins tipped to make bid
Sofa Workshop teeters on the brink of collapse
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