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Fantastic Furniture

Fantastic Furniture Archives

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.

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

Former Steinhoff International Holdings chief executive Marcus Jooste has been fined more the US$9.9 million after the S...

Will the global furniture boom continue into 2021?

The furniture industry has seen some strong tailwinds in 2020, as customers continue spending more time at home. But wi...

Steinhoff seeks to delay debt claims

Retail conglomerate in talks with creditors.

Steinhoff’s working capital dries up

Embattled company Steinhoff has admitted in its quarterly update that its working capital has dried up.

Steinhoff APAC secures funding

Retail giant strikes deal with banks.

Steinhoff secures more funding

Immediate liquidity needs "largely addressed" as APAC businesses continue talks with banks.

Steinhoff CFO steps down

More management changes at embattled retail conglomerate.

Steinhoff forced to restate further accounts

Retail conglomerate's accounting irregularities stretch back further than first thought.

Steinhoff’s local arm hires advisers

Retail conglomerate takes "prudent step" after parent's continued woes.

Ford: Business as usual

Steinhoff's APAC chief underlines confidence in local arm despite parent's crisis.

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.

Steinhoff boosted by resilient Aussie brands

Fantastic Furniture "proving highly complimentary" for South African group.

ANZ gives Steinhoff a Fantastic rise

South African retail giant posts increase in half-year operating profit and revenue.

Fantastic shareholders approve Steinhoff’s bid

Proposed takeover by South African group backed by overwhelming majority.