World Footwear

Companies shuts down operations

Jan 27, 2017 Canada shuts down operations
The Canadian e-commerce footwear retailer announced it had shuttered its operations, including its websites and its brick-and-mortar stores in Vancouver and Toronto
The company will take all three of its e-commerce properties,, and, offline, along with closing the two brick-and-mortar stores in Vancouver and Toronto.

Employees were made aware of the decision this morning, and compensations will be made. is working with its secured lenders to establish the next steps leading to the liquidation of assets. Bankruptcy might be the option for some of the branches of the group.

A small group of employees is said to be staying with the company while all processes to shut down operations are implemented.

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