How Rathwood success story ended up in examinership amid mounting debts, customer complaints and governance concerns
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How Rathwood success story ended up in examinership amid mounting debts, customer complaints and governance concerns
"Revenue Commissioners have now raised questions over alleged reckless trading at well-known garden and homeware retailer"
"From leading garden furniture retailer to one of the most complained about companies in Ireland, Rathwood's fall from grace is a cautionary tale of how swiftly fortunes can change in business."
"The once-thriving family enterprise has ended up in examinership following what its owners characterise as an unfortunate chain reaction sparked by the collapse of a key supplier 18 months ago."
Revenue Commissioners raised questions over alleged reckless trading at Rathwood, a garden and homeware retailer. Rathwood had previously been a leading garden furniture retailer but later became one of the most complained about companies in Ireland. The company’s decline is presented as a cautionary tale about how quickly fortunes can change in business. Rathwood’s owners attribute the company’s end in examinership to an unfortunate chain reaction that began after the collapse of a key supplier 18 months earlier.
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