A UK wholesaler has plunged into liquidation, an official notice shared this week has revealed. The company has not shared its reasons for financial difficulties, while other retail firms and industry leaders have described the difficult trading conditions faced by businesses today, including soaring operational costs.
Triflora International Limited is an importer of seasonal homewares, supplying prominent retailers like Aldi with products around Christmas and Halloween. It had established a global supply chain, procuring products from China, Hong Kong and across Europe, and also exported goods to wholesalers in the United States.