Moores – Improving Fortunes

December 21, 2019

I limit to my coverage of Moores Furniture Group to the people who either work there or used to. However we all know that it has been a bleak decade of annual losses and continued concerns about its future. It seems a good opportunity to share some good news. The company won Turnround of the Year at the annual Turnaround, Restructuring & Insolvency Awards. Their owner, Hilco, were so pleased they announced it on their website. You can read all the details by clicking the link. This is a tremendous achievement. However they are not yet back into profit but the progress is impressive.

The man holding the award is Steve Parkin, Managing Director.

 

 

https://www.hilcocapital.com/news/investment-case-studies/moores

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