World Footwear

Insolvency

No impact on Vamos and Groundies from parent’s company partial insolvency

Jul 8, 2024 / Germany
The sneaker brand Vamos and the barefoot shoe brand Groundies were not affected by the insolvency of Weltbild GmbH & Co. KG, a subsidiary of the German WB D2C Group

Uncertainty for Ted Baker as UK and European arm goes into administration

Mar 20, 2024 / United Kingdom
The British fashion retailer is planning to appoint administrators, a spokesman for owner Authentic Brands Group confirmed on Tuesday. Hundreds of jobs are expected to be at risk

Arche goes into administration

Feb 22, 2024 / France
The French footwear manufacturer has gone into administration due to a complex situation in the domestic and international markets. While the process runs its course, the company will continue to operate

Caprice acquires Peter Kaiser

Dec 21, 2023 / Germany
The Pirmasens-based footwear manufacturer Caprice has acquired Peter Kaiser, one of Europe’s oldest women’s shoe brands. The company was declared insolvent in 2020

Austria and Germany continue to see a wave of insolvencies and closures

Dec 12, 2023 / Germany
Richter Schuhe, Europe’s oldest children’s shoemaker, and fashion retail chain Aachener have filed for bankruptcy. Deichmann to close its My Shoes stores in Austria and Germany by the end of 2024

Reno completes partial restructuring

Oct 5, 2023 / Germany
The footwear retailer has finalised a partial restructuring, keeping more than 20 stores. Meanwhile, the media reported that dozens of new creditors have registered their claims in the insolvency proceedings

CK Technology is the new owner of Görtz

Jul 26, 2023 / Germany
After a difficult year, the insolvency proceedings of the Hamburg-based footwear retailer have been completed and the company is now owned by Vienna-based CK Technology Solutions

Rockport files for Chapter 11 bankruptcy proceedings

Jun 20, 2023 / United States
The Massachusetts-based footwear company filed for Chapter 11 bankruptcy in a District Court in Delaware. Meanwhile, its CEO, Gregg Ribatt, has resigned

German footwear manufacturer EOD declares insolvency

May 23, 2023 / Germany
The company, known for the Groundies shoe brand, has filed for insolvency proceedings with the Freiburg District Court with the aim of restructuring itself to get back “on solid ground”

Former parent company of Reno also files for bankruptcy

May 15, 2023 / Germany
Unable to overcome the challenges posed by the COVID-19 pandemic and the energy crisis, the German HR group filed for insolvency, following the path of its previously-owned footwear retailer, Reno

Pölking goes bankrupt

May 3, 2023 / Germany
The footwear wholesaler has filed for bankruptcy due to the ongoing impact of the COVID-19 pandemic, joining the list of companies caught in a crisis in the German footwear sector

Insolvent Görtz finds a new investor

Apr 17, 2023 / Germany
The Hamburg-based shoe retailer has announced that the couple Leonie and Burkhard von Wangenheim acquired a 100% stake in the company that went into bankruptcy last September

French Clergerie files for receivership

Apr 5, 2023 / France
As the relaunch under the new parent company French Legacy Group in 2020 failed to get off the ground due to the long-term effects of the pandemic and war in Ukraine, the luxury shoe brand filed for court protection

Shoe retailer Reno declares bankruptcy

Mar 31, 2023 / Germany
Just six months after changing ownership, the Osnabrück-based shoe retailer filed for bankruptcy amid a crisis in Germany’s footwear sector that led to a wave of insolvencies in recent months

Peter Kaiser files for insolvency

Sep 23, 2020 / Germany
Peter Kaiser Schuhfabrik has filed for insolvency in Pirmasens (Germany). The protective procedure will allow the company to continue trading while it restructures
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