Leeds branch of Feather & Black to close its doors

The furniture retailer Feather & Black has been saved from administration but the Leeds has been confirmed as one of three  branches to shut its doors.

Hilding Anders International, a global bedding and mattress company, has bought the majority of the business,  securing 104 UK jobs.

Under the terms of the sale Hilding Anders has acquired 17 out of a total of 20 stores saving 104 of the 123 employees across the business. Three stores – and five concessions within Multiyork stores – will be closed.

Feather & Black is a well-established bedroom furnishings brand offering premium bedroom furniture. The brand was founded in 2005 – although the business traces its history to 1994 -and has 25 retail stores nationwide, including concessions within Multiyork Furniture, with a head office and warehouse in Chichester.

Allan Graham, Joint Administrator, Duff & Phelps, stated: “The Joint Administrators continued to trade Feather & Black in Administration with a view to finding a purchaser for the business as a going concern, so we are delighted that we have been able to secure a future for the brand, the business and over 100 employees who work for the retailer.”

Allan Graham continued: “The majority of the stores have been sold to one of the best known brands in the bedroom furniture sector securing the future for Feather & Black and a large number of its valued employees.”

A legal team at Eversheds Sutherland, led by Restructuring Partner Mark Wood, acted for Duff & Phelps on the transaction.