We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Land of Leather

petertrezise
petertrezise Posts: 3 Newbie
in I wanna buy it or do it
hi has anyone heard any rumours on this furniture store,ive been told they are going into administration,i have recently put down a deposit on a suite but it is on 14 week delivery and im affraid they will go under during that time and i will lose my deposit,can any one tell me if they have heard the same thing as me about them going bust.

Comments

  • lucylot
    lucylot Posts: 53 Forumite
    My husband works in the furniture industry and rumours are rife about LOL going under. They apparently aren't accepting cash which is a sure sign so I'm told
  • alared
    alared Posts: 4,029 Forumite
    It wouldn`t be the first time this lot have gone under and people have lost their money only to see them open up again under a different name.
    (world of leather,last time, I think)

    Anyone buying anything over £100 should always use their credit card,even if it`s just the deposit,so if anything goes wrong you can claim off your card company.
  • Errata
    Errata Posts: 38,230 Forumite
    10,000 Posts Combo Breaker
    Land of Leather and World of Leather are both in a precarious position. If I were in the OP's position I'd ask for my deposit back.
    .................:)....I'm smiling because I have no idea what's going on ...:)
  • gaztop_3
    gaztop_3 Posts: 101 Forumite
    In this day and age I am buying everything on credit card and paying it straight off, just so that I have the security.
  • alared
    alared Posts: 4,029 Forumite
    LoL,DFS,SCS are all on a sticky wicket.

    How often do you need to buy a sofa?
    when times are hard,you make do with what you`ve got.

    These companies would do far better if they just gave a price and none of this silly "reduced from £1500 to £750 and cut further to £350,for one day only"

    What a load of complete and utter tripe.
    Do people actually believe these ads?
  • aztepol
    aztepol Posts: 1 Newbie
    World of leather and Land of leather are 2 totally different companies.I know this because i have worked for both. World of leather was part of the Uno group which went bust in early 2003 owing over 6million(They still owe me 4k) and Land of leather which was founded by Paul and Jerry Briant have been trading since 1998, hope this clears up any confusion.
  • alared
    alared Posts: 4,029 Forumite
    LoL
    going
    going

    almost GONE

    http://news.bbc.co.uk/1/hi/business/7824133.stm
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.9K Banking & Borrowing
  • 254.6K Reduce Debt & Boost Income
  • 455.6K Spending & Discounts
  • 247.7K Work, Benefits & Business
  • 604.7K Mortgages, Homes & Bills
  • 178.7K Life & Family
  • 262.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture