Hotter Shoes officially up for sale as cost savings plan pauses growth plans
Listed retail group Unbound has triggered a sale process as turnaround consultants pore over the strategy of the troubled Skelmersdale-based shoemaker and ecommerce business.
The company is “pausing” all international sales and marketing as a cost saving measure. The US business, which contributes 11% of revenue, is under review.
A wider cost and strategic review will also examine whether the Unbound trading platform, which has attracted just 11 other partner brands aimed at over 55s, is viable or can be part of a drive for ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
