Furniture chain Lombok followed the UK arm of Habitat into administration in a move resulting in the closure of nine stores.
Management and investors at Angora, the private owner of Lombok, have immediately bought the retailer out of pre-pack administration in a move which will see three stores and one concession remain open. Lombok said a consultation on job losses was under way but could not confirm the number of redundancies expected.
COMMENT RULES: Comments that are judged to be defamatory, abusive or in bad taste are not acceptable and contributors who consistently fall below certain criteria will be permanently blacklisted. The moderator will not enter into debate with individual contributors and the moderator’s decision is final. It is Belfast Telegraph policy to close comments on court cases, tribunals and active legal investigations. We may also close comments on articles which are being targeted for abuse. Problems with commenting? firstname.lastname@example.org