850 jobs at risk as Land of Leather calls in administrator

The future of 850 staff at furniture retailer Land of Leather was in doubt today after the ailing firm called in administrators.

The Kent-based firm was forced to appoint Deloitte after efforts to secure additional funding and sell the business failed.

Land of Leather has been crippled by a slump in demand for “big-ticket” goods as consumers come under pressure and house prices tumble.

“The company has made every effort to reduce costs and conserve cash, but market conditions have continued to be difficult and the results from the January sale have been very disappointing,” the firm said.

Land of Leather has 11 stores in Ireland.