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Brosa collapses into administration; buyer sought

Brosa, the upmarket online furniture brand, has been placed in voluntary administration, citing a decline in trade since Covid-19 restrictions enabled consumers to shop at physical stores again.  Last February, Brosa’s co-founder and CEO Ivan Lim told Inside Retail the business grew more than 100 per cent last financial year, in line with other online furniture retailers.  Fuelled both by existing customers increasing their order frequency and average order value during the pandemic, and
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