Asko and Sotka, popular Finnish furniture retailers, recently declared bankruptcy, leading to uncertainty for many consumers who had relied on the warranties for their purchased goods. The downfall of these companies included the closure of Insofa, a key supplier for Asko. Although customers are alarmed by the loss of their trusted retailers, the situation may not be as dire as it seems regarding warranty claims.

The primary concern revolves around what happens to the warranties issued for products purchased from these retailers. Experts clarify that warranty rights typically remain in effect if the original warranty provider is a manufacturer or importer, not the retailer itself. The bankruptcy of the retailer does not nullify these warranties, which could provide some reassurance for affected consumers.

However, Insofa's guarantees for its products have essentially lapsed following the factory's closing, complicating matters for customers who might seek compensation or repairs. Consumers are encouraged to check the specifics of their warranties to understand their rights and seek guidance from consumer protection authorities amid this ongoing crisis in the Finnish furniture market.