Finland's largest furniture chain went bankrupt — 15,000 customers never got their sofas

Indoor Group was Finland's largest furniture retailer, operating the Asko and Sotka chains — two heritage Finnish furniture brands with a combined network of up to 70 stores. Asko, founded in Lahti in 1918, was one of the oldest furniture brands in the Nordic region.

The Finnish furniture market faced sustained pressure from online retailers, international chains like IKEA and JYSK, and changing consumer habits. Large-format furniture stores with high fixed costs in Finnish town centres struggled as foot traffic declined and price competition intensified.

In February 2026, Indoor Group filed for bankruptcy at the Helsinki court. The filing left up to 20,000 customers who had paid in full or in part for furniture orders still waiting for delivery. At least 15,000 of those customers were unlikely to receive their goods. Only 1,000 to 2,000 orders — those already marked as sold to a specific customer — were expected to be fulfilled.

The Sukari Group, a Finnish investor, subsequently acquired the Asko and Sotka brands from the bankruptcy estate. The brands survived; the company that operated them did not.