123 jobs at risk as bedroom furniture company Feather & Black goes into administration

Feather & Black has gone into administration.

Feather & Black has gone into administration. - Credit: Archant

Bedroom furniture specialist Feather & Black has gone into administration, putting 123 jobs at risk.

Feather & Black has 25 retail outlets which include a number of concessions within branches of Multiyork Furniture, including that at Copdock, on the edge of Ipswich.

The company, which is based at Chichester in West Sussex, is owned by the Wade family which also owns Thetford-based Multiyork Furniture which went into administration last week.

Allan Graham and Matt Ingram of Duff & Phelps have now been appointed as joint administrators of both Multiyork and Feather & Black and are seeking buyers for both businesses.

Multiyork, which was previously based at Mellis, near Eye in Suffolk, employs nearly 550 people and runs 50 shops around the country.

Mr Graham said: “The joint administrators are trading Feather & Black in administration in the short term with a view to finding a purchaser for the business as a going concern. We are confident that a buyer will be found and encourage any interested parties to come forward.

“The current intention is for all orders made before November 27 to be honoured and customers will be contacted in due course with updates relating to these orders as required.”

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He added: “The latest CBI survey out late last week reported that UK retail sales bounced back in November after falling sharply the previous month.

“Many retailers have been hit by the slowdown in consumer spending. With inflation rising faster than wages, consumers are beginning to feel the pinch and have cut back on their household budgets. As a result of these tough trading conditions, Feather & Black Ltd could no longer meet on-going liabilities.”

The current management team at Feather & Black are continuing in their current roles and assisting the joint administrators during the process.

The administrators are also continuing to trade Multiyork while a buyer is sought and hope to complete all orders placed with it up to November 22.