MFI to return to UK shopping scene 20 years after closure
British furniture brand MFI is set to return to UK high streets nearly 20 years after its closure.
The brand went into administration in 2008 following financial trouble.
But, MFI is not set to undergo a huge transformation with a £3 million 're-invention', seeing stores open in the second half of 2026.
British furniture brand MFI to return to UK
MFI was once one of the UK's largest suppliers of kitchen fittings and bedroom furniture, and in May last year, the brand was acquired by Victorian Plumbing.
According to Metro, MFI will be a standalone online homeware business that focuses on bedrooms, living rooms, dining rooms, hallways, and home accessories.
Victorian Plumbing told investors yesterday that the brand will be run by a "dedicated and experienced management team".
Although it will be an online brand, MFI will open two warehouses in Skelmersdale, Lancashire.
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Discussing the return of MFI, founder and chief executive Mark Radcliffe said: "I am very excited about the upcoming re-invention of MFI, allowing us to tap in to more of the £20billion UK homewares market.
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"Having invested significantly in preparing the business for future growth last year, I am pleased with the group's strategic progress in the first half.
"We are fully operational in our new purpose built warehouse and have continued to improve our customer proposition, while expanding product range into other rooms within the home and taking significant market share gains in a subdued trading backdrop.
"Victorian Plumbing has always taken an opportunistic and entrepreneurial approach; alongside this we have built a business that invests in the future, has solid financial foundations and is committed to delivering long-term value to all shareholders, as epitomised by our enhanced capital allocation policy and increased interim dividend."
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