Troubled Scandinavian design retailer Skandium has been acquired by a Danish duo, who have reopened the e-commerce site and plan to open a new showroom on London's Brick Lane next month.
The company, which went into administration in May, has been bought by Rasmus Warnke Nørregaard and Jacob Kam, the Danish entrepreneurs behind online design marketplace Everclassic.
Nørregaard and Kam quietly reopened the e-commerce function of the Skandium website at the beginning of the month and plan to open two stores in London, however the brand's previous shops will not be reopened.
New owners plan to make Skandium "a viable business"
The new owners have pledged to "keep all the strong characteristics of the Skandium brand", while turning the company round. "We have the ambition to make Skandium a viable business which will grow into something stronger than it has been until now," said Kam in a blog post published on Skandium's website.
"We both have the love of beautiful design running in our veins and a strong network among the most important suppliers," added Nørregaard.
Showrooms in east and west London
Nørregaard told Dezeen that they also plan to open a bricks-and-mortar showroom on east London's Brick Lane in the next month or two, with another to follow in South Kensington in the near future.
The Kensington store will occupy a different location from the Skandium Townhouse that was opened in the west London in 2017 by the company's ...