Winning Group has acquired leading furniture, lighting and textiles retailer, Spence & Lyda and will establish a new lifestyle and luxury destination, Winnings.
The Spence & Lyda brand will remain and be integrated into Winnings, which will also include the bricks and mortar entities, Winning Appliances and Rogerseller.
The Spence & Lyda team will join the Winning Group and managing director, Fiona Lyda will consult to the Group for the next 12 months as a creative director and the wider Spence & Lyda team will join the business.
“We are delighted to welcome Spence & Lyda and their team to the Winning Group. Spence & Lyda has an incredible reputation for offering the world’s best and emerging brands at the cutting edge of design, including furniture, lighting, homewares and soft furnishings,” Winning Group CEO, John Winning said.
“We are excited to offer Spence & Lyda’s range to more Australians and have it integrated into Winnings, which will be the ultimate lifestyle and luxury shopping experience for the home.
“Our customers have always told us they wished shopping for their whole renovation was as easy and enjoyable as shopping for appliances with us. We’ve listened and are delighted to now be able to offer our customers a leading shopping experience to fit out their entire dream home.
“At Winnings, customers will be able to shop their favourite and exclusive brands from Winning Appliances, Rogerseller and Spence & Lyda all under one roof, at our newly renovated Redfern showroom to open later this year. Our flagship Redfern showroom will be the first of many Winnings lifestyle and luxury destination stores for the home.”
Spence & Lyda managing director, Fiona Lyda added, “We are delighted to join the Winning Group and we are excited to continue to grow the Spence & Lyda offering, making our brands and our shopping experience available to more Australians. Like Winning Group and its bricks and mortar entities Winning Appliances and Rogerseller, Spence and Lyda have a unique position within the market offering exclusive brands and offering exceptional customer experience.
“By joining the Winning Group, we are now more than ever before, set for extraordinary things, particularly in the next 12 months with an exciting series of events being run as part of Melbourne Design Week this month and being part of Winnings in Redfern later this year.”