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Land of Leather prepares for more redundancies

Thursday February 12th 2009

Land of Leather employees have been warned that they may lose their jobs as administrators struggle to find a buyer.

Land of Leather called administrators last month after being hit by a dr op in demand for big ticket furniture as consumers put major purchaes off.

Lee Manning, Deloitte partner and joint administrator, said: "While it has not yet been possible to sell Land of Leather, we continue to talk to interested parties and our goal remains to find a buyer for the business as a going concern. However, it is prudent to make contingency plans and we have notified all employees of the risk of redundancy and store closures should a buyer for the business not be found."


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