Homeware brand Cox & Cox goes into administration – what you need to know
One of our favourite online homeware retailers, Cox & Cox, went into administration and if you recently placed an order here's what you need to know.
We were saddened to hear about the homeware brand going into administration, as they've long been a go-to for us with staying up to date with stylish home decor trends.
According to The Times, Cox & Cox has been sold in a pre-pack administration deal to furniture and home furnishings manufacturer, Giomani Designs Limited, securing the transfer of 65 Cox & Cox employees as well as the foreseeable future of the brand.
What if you placed an order recently with the brand? Unfortunately, the Cox & Cox team will not be able to honour any outstanding orders placed before 27th February due to stock issues.
The customer services team are currently in the process of contacting all customers affected by this to inform and advise on the next steps.
On the 27th of February, Ian Defty and Bai Cham of the insolvency firm, Begbies Traynor, were appointed as joint administrators of Cox & Cox.
Harbouring their own website as well as being stocked on Next's website, the homeware brand had seen growth over the pandemic, with sales rising by 105% year on year in 2021. For us at Ideal Home, it's long been a staple for living room decor, bedroom decor and the best garden furniture.
Cox & Cox is the latest online furniture retailer to go into administration following the collapse of Made.com, which fell late last year as a result of soaring costs and pressure on consumer spending.
Similarly, the news of Made's collapse left us with many questions. We even sourced a dupe for the best-seller Haru sofa bed in case we saw their end – but after being bought by high street giant Next, the brand continues to supply us with some of the best sofas and best sofa beds to date.
If there are any changes or updates in the meantime, we'll keep you updated as more information becomes available.