Steinhoff International Holdings Archives - Inside Retail

Steinhoff reveals $2 billion loss in FY18

Profit wiped out by costs related to the investigation into its sketchy transactions.

Steinhoff Europe blocked from going into voluntary administration

Retailer says roadblock will delay its restructuring plans.

Steinhoff investigation delays annual report, shares plummet

Retailer says investigation is significantly more complex than anticipated.

Mattress Firm to close 200 locations across US

Steinhoff-owned retailer undergoing rapid reorganisation.

Steinhoff International appears before parliament

Company provides debt update to South African parliament.

Steinhoff restructuring begins

Investor support comes through, while Steinhoff Africa votes to change name.

Steinhoff writes off billions in assets

The revelation came in Steinhoff International’s half yearly report which details the extent of the issues surrounding the embattled company.

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 CEO quits, German prosecutors probe

Retail giant shares dramatically plunge following announcements.

Steinhoff’s takeover bid for Fantastic Holdings

Furniture retail group’s board “unanimously recommends” South African group’s takeover offer.