Missing: Sofa Workshop's Product Demo & Case Studies
Promote your product offering to tech buyers.
Reach 1000s of buyers who use CB Insights to identify vendors, demo products, and make purchasing decisions.
Missing: Sofa Workshop's Product & Differentiators
Don’t let your products get skipped. Buyers use our vendor rankings to shortlist companies and drive requests for proposals (RFPs).
Latest Sofa Workshop News
Nov 15, 2022
John Pye & Sons to auction off stock from failed Made.com furniture business 'It is John Pye Auction’s role to realise the best we can for all creditors of the company' 13:07, 15 NOV 2022 Group 28 Sign up to FREE email alerts from BusinessLive - Retail & Consumer - all the results, acquisitions and trends every Friday Invalid emailSomething went wrong, please try again later. Sign Up We use your sign-up to provide content in the ways you've consented to and improve our understanding of you. This means that we may include adverts from us and third parties based on our knowledge of you. We also may change the frequency you receive our emails from us in order to keep you up to date and give you the best relevant information possible. As always you can unsubscribe at any time. More info Group 28 Nottingham headquartered John Pye & Sons has been appointed to sell off stock from the failed Made.com furniture business. Administrators have brought in the auction house to raise money for creditors of the online retailer which went under on November 9 after being hit by soaring costs and slowing customer demand . It employed 573 people. The brand, websites and intellectual property were subsequently bought by fashion rival Next , though that deal did not include staff. As part of the administration process John Pye is selling all of the UK stock, including several thousand pieces of upholstery, home and outdoor furniture, home accessories and lighting. Its managing director Adam Pye said: “John Pye Auctions is deeply saddened by the nature of this case, having worked as close partners with Made.com Design Limited for over six years. “We’ve formed relationships with many staff members. We wish all the very best to everyone negatively affected. “As with any insolvency of a great British brand such as Made.com, there are always the tragedies of redundancies and loss. “It is John Pye Auction’s role to realise the best we can for all creditors of the company. “Thanks to our long-standing partnership with Made.com Design Limited, we have a customer base who are familiar with buying this type of stock, so we hope to be able to realise a positive return for creditors.” Earlier this year the auction house worked with the administrators for Sofa Workshop to handle the sale of ex-display showroom stock as well as furniture and homewares, including 800 sofas. It also handled the sale of Sofa Workshop’s trading name, website and intellectual property. Trevor Palethorpe, joint head of John Pye business and property, said: “Our large UK footprint of close to 1,000,000 sq ft of sale space and a nationwide workforce of over 700 staff ensure we can handle the largest of insolvency cases. “We have systems and knowledge to ensure we can sell the stock within the market at the highest level of efficiency and return for the Made.com Design Limited creditors. “While it is an incredibly difficult situation, it does also present buyers with the rare opportunity to bypass industry-wide, growing wait times for furniture delivery. Made.com enthusiasts and customers have the chance to add new home pieces and buy furniture of the highest quality, at bargain prices, just in time for Christmas.” Stock will be available at www.johnpye.co.uk from week commencing November 21. Read More
Sofa Workshop Frequently Asked Questions (FAQ)
When was Sofa Workshop founded?
Sofa Workshop was founded in 1995.
Where is Sofa Workshop's headquarters?
Sofa Workshop's headquarters is located at Coed Cae Lane, Pontyclun.
What is Sofa Workshop's latest funding round?
Sofa Workshop's latest funding round is Acquired.
Who are the investors of Sofa Workshop?
Investors of Sofa Workshop include Piper Private Equity.
Discover the right solution for your team
The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.