World Footwear


Nine West close to filing for bankruptcy

Jan 24, 2018 / United States
Nine West close to filing for bankruptcy
The deal would allow Nine West to restructure about 1.5 billion US dollars in debt and would include sale of assets. Speculation about the next move of the company has been around for months
Nine West and its creditors might be on the verge of closing in on a deal to restructure almost 1.5 billion US dollars of debt, which would include filing for bankruptcy and selling off parts of the shoe and clothing retailer.

Nine West would seek Chapter 11 court protection with a restructuring plan agreed upon in advance by its creditors, while the asset sales would be focused on paying off creditors of the company. Chapter 11 bankruptcy allows a company to stay in business while it works out a plan to repay its creditors.

No official comments from either Nine West or its private equity owner Sycamore Partners LLC are known.

Related Events

  • Feb
    Feb 26-Feb 28, 2018 | New York, United States


  • Feb
    Feb 26-Feb 28, 2018 | NYC, United States

    Sole Commerce

  • Feb
    Feb 27-Mar 1, 2018 | Los Angeles, United States

    The Travel Goods Show

  • Mar
    Mar 12-Mar 14, 2018 | Prior Lake, Minnesota, United States

    Northwest Shoe Travelers

Related Organizations

  • Pensole Footwear Design Academy

    Pensole Footwear Design Academy

    United States
  • Brooklyn Shoe Space

    Brooklyn Shoe Space

    United States
  • The Atlanta Shoe Market

    The Atlanta Shoe Market

    United States
  • USRA - United Shoe Retailers

    USRA - United Shoe Retailers

    United States