Online furniture retailer Brosa has fallen into voluntary administration, after its rapid pandemic-fuelled growth slowed when COVID-19 restrictions lifted across the country.
Brosa was founded in 2014 by David Wei and Ivan Lim, who created a vertically-integrated business that combined furniture retailing with technology via an online platform. The Brosa platform allowed consumers to purchase designer products without many of the extra costs associated with traditional wholesale and reta…
Read the full article at: https://www.smartcompany.com.au/industries/retail/online-furniture-retailer-brosa-voluntary-administration/