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Greenlit, Fantastic Furniture strengthen, despite Covid impact
All of the businesses within the group were both profitable and cashflow positive, reflecting a significant turnaround f...

Greenlit Brands revenue up 29 per cent in first quarter, Fantastic IPO delayed
After changed trading conditions, Greenlit postponed the consideration of an IPO until later in the financial year.

What will 2021 bring to the furniture industry?
The furniture industry has seen some strong tailwinds in 2020, as customers work on improving their home. But will this...

Ready, set, IPO: Why retailers are going public in 2021
After delaying public floats last year due to market volatility, these major retailers are revisiting their IPO plans.

Former Steinhoff CEO fined millions for insider trading
Marcus Jooste sent a 'warning SMS' to several shareholders before the furniture firm's infamous stock crash in 2017.

Greenlit Brands hit with $66 million half year loss
Supply chain delays and operational issues drag Greenlit's result down.

Fantastic Furniture buoys Steinhoff amidst negative press
Furniture group notes customer confidence still an issue.

Steinhoff International’s working capital dries up
Embattled company Steinhoff International has admitted in its quarterly update that its working capital has dried up.

Steinhoff appoints ex-KPMG exec as CRO
Investigation into "accounting irregularities" continues as chief restructuring officer appointed.

Steinhoff secures more funding
Immediate liquidity needs "largely addressed" as APAC businesses continue talks with banks.

Steinhoff forced to restate further accounts
Retail conglomerate's accounting irregularities stretch back further than first thought.

Ford: Business as usual
Steinhoff's APAC chief underlines confidence in local arm despite parent's crisis.

Steinhoff’s shares yo-yo as troubles continue
Retail giant battles to balance the books.

Steinhoff reassures market after shares continue to plunge
Retail conglomerate backs CFO of 'no wrongdoing' as investigation continues.

Steinhoff CEO quits, German prosecutors probe
Retail giant shares dramatically plunge following announcements.

Steinhoff to front hearing as dispute drags on
Furniture conglomerate receives petition in course of dispute with former joint venture partner.