Analysis of information sources in references of the Wikipedia article "ILVA" in English language version.
Last modified:
ILVA, the troubled furniture chain, ran up losses of £11.5m before it had even opened the doors of its first UK store. Accounts filed at Companies House last week by the group's UK subsidiary provide an insight into ILVA's difficulties. The retailer parted company with chief executive Martin Toogood earlier this year. The group's private equity backer Advent International - which has invested more than £50m in the business during the past three years - has refused to invest any more money in the retailer.[dead link]
ILVA, the troubled furniture retailer, has been sold to an Icelandic furniture group which owns rival UK furniture retailer The Pier. Rúmfatalagerinn has bought a majority stake in ILVA, which owns seven stores in Denmark, the UK and Sweden, for an undisclosed sum. The Icelandic group has an option to acquire the remaining shares.[dead link]
ILVA, the furniture retailer, lost £2.33 for every £1 spent in its stores last year, racking up total losses of £62m.
A Danish furniture chain that vowed to take on Ikea when it entered the UK two years ago has become the latest victim of the credit crunch. Ilva said it had appointed Kroll, the corporate recovery specialist, as administrator of its UK business in a move that leaves 400 jobs hanging in the balance. The Reading-based business runs three out-of-town stores, in Thurrock, Gateshead and Manchester. It arrived with a fanfare in 2006 and said it would rival John Lewis by the end of the decade. However, results published this year showed that the business made a £62 million loss on £26 million of sales in the year to April 2007.
ILVA, the furniture retailer, lost £2.33 for every £1 spent in its stores last year, racking up total losses of £62m.
