A stylish online furniture retailer has entered administration, with experts blaming the shock collapse on the brutal Covid pandemic.
On Wednesday morning, it was announced that Brosa a popular online furniture and home decor retailer had appointed Richard Tucker and Michael Korda of KordaMentha as voluntary administrators.
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KordaMentha Restructuring is now commencing the sale process for Brosa, with an announcement explaining the digital retailer of luxury furniture grew rapidly during Covid-19 as the pandemic directed many shoppers online for direct-to-customer deliveries.
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Read the full article at: https://www.news.com.au/finance/business/retail/shock-as-popular-online-furniture-retailer-brosa-collapses-into-administration/news-story/8b2b0fe6523a3cac1169e44a3b25829e