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Gloucestershire Business News

Search for new owners for furniture store group

Staff at Feather & Black furniture store in Portland Street, Cheltenham are facing an uncertain future after the group went into administration.

Allan Graham and Matt Ingram of Duff & Phelps Ltd have been appointed joint administrators of Feather & Black Limited.

The group has 25 retail stores nationwide, including Cheltenham.

Joint administrator Allan Graham said they were trading Feather & Black in administration in the short term with a view to finding a purchaser for the business as a going concern.

Feather & Black has been hit by tough trading conditions as consumers begin to feel the pinch with inflation increasing faster than earnings.

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