Stykka, a Danish furniture company, has relaunched as Stykka Reborn with a significantly reduced team of seven employees, down from 30, after declaring bankruptcy a year ago. The move aims to reduce costs and create a more sustainable business model, according to Stig Lumbye, CEO and co-owner.
Stykka, founded in 2019, specialises in kitchens, wardrobes, and furniture solutions. The company has shifted production to DLT Group in Viborg, which has become a co-owner, and will operate from Glostrup. Stykka Reborn plans to break even by 2026, with aspirations for double-digit growth, and will expand its sales channels to include direct-to-consumer sales via a new showroom in Copenhagen.
“We have a strong product vision and a lean cost structure, which allows for quicker profitability and greater flexibility,” said Stig Lumbye, CEO and co-owner, Stykka Reborn.
The company’s revival reflects broader trends in restructuring and lean operations in the furniture sector, demonstrating how financial discipline and a strong product vision can enable a successful rebirth after insolvency.
Image Courtesy: Interior Daily
