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Century-old Australian shoe brand Wittner is set to be sold to a national shoe retailer after it buckled to rising costs and called in administrators earlier this year.
The voluntary administrators have entered into a period of exclusivity with The Shoe Group for the sale of most of the iconic retailer.
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"It is a brand with a proud legacy and strong customer following, and we look forward to supporting its continued success." ...
The company behind popular footwear retailers Hype and The Athlete’s Foot has warned a reversal in sales growth as administrators of collapsed shoe brand Wittner reveal they have found a rescue buyer.
Iconic Australian shoe retailer Wittner has been saved from liquidation, with the century-old business sold to private fashion business The Shoe Group.
Wittner Group’s voluntary administrators have entered into a period of exclusivity with The Shoe Group for the acquisition of the brand.
Collapsed Australian footwear brand Wittner is set to be rescued by a global shoe retailer who is looking to acquire the majority of the century-old business.