Furniture retailer Dwell insisted today that it continued to trade as usual.
The 24-store chain is the subject of speculation that it is on the brink of administration.
The retailer shut some of its stores yesterday and put signs in the windows explaining that it is stock taking. The shops have since re-opened.
A spokesman said: “There has been a significant amount of press speculation on the future of Dwell over the past couple of weeks. The business has been working with its advisers, including Argyll Partners and Duff & Phelps, to secure further working capital for the business and is currently talking to a number of interested parties who see the value of the Dwell brand and product, its customer base and its multi-channel proposition.
“Dwell continues to trade as usual and fulfil customer orders. The business has not appointed administrators.”
annabel.dixon@estatesgazette.com
