Posted November 03, 2018 08:54:25Ashley Wood, founder of online furniture company Ashley Wood and Furniture, speaks to the ABC about the company’s new Australian business, the future of furniture design and the future, including the Australian furniture market.
Key points:The company said it would be a one-stop shop for furniture design, including furniture manufacturers and retail storesThe company’s Australian sales grew 18 per cent in 2019-20Source: AshleyWood.comAshleyWood has made a name for itself in Australia, but its online furniture business has not seen the kind of growth that has been seen elsewhere in the industry.
It says it was forced to close a store in Adelaide last year after a business partner became ill with pneumonia and was transferred to hospital, which led to the closure of its Sydney branch.
Ashleywood said in a statement on its website that the decision to close its Sydney store was the result of the illness, but that its Sydney operations would continue.
It said the company would not be making any changes to its business plans.
“The decision to move our store was driven by a series of health-related issues that necessitated our immediate closure.
Our Sydney store has been fully operational for over a year, and we are in discussions with our retail partner about a new store location.”
We believe that we have a strong business plan for our future and that our stores will be a great asset to our Sydney customers, and our community, over the long term.
“Ashley said it planned to continue to grow its online retail business, with stores in Melbourne and Adelaide as well as stores in Sydney, Perth, Canberra, Brisbane and Adelaide.
In a statement, Ashley said its online business had grown 18 per in 2019 to reach a total of about 1,400 employees.
The company was founded in 2011 and its Australian sales have grown 18.4 per cent over the past year.
In the year to September, the company made a profit of $1.8 million.
It is set to report full-year results in September.