Shoe retailer Brantano has gone into administration, putting more than 1,000 jobs at risk.
The chain was bought out of administration in 2015 by a company controlled by turnaround specialists Alteri Investors.
Since then Brantano has suffered from the “depressed and competitive” footwear market, as well as the fall in sterling.
Alteri also owns Jones Bootmaker and is also seeking a buyer for that chain.
Administrators from PwC said the business would continue to trade as normal while a buyer is sought.
When it comes to legal advice, all businesses need someone skilled, reliable and experienced they can turn to for support and guidance. At Wrigley Claydon, commercial specialists Oldham, we are here to develop and give effect to the legal arrangements needed to help you achieve your commercial objectives and manage business risk.
If you are considering a company merger, acquisition, takeover or joint venture or are in the midst of a shareholder dispute or share capital transaction or need business advice please contact us.
John has been with Wrigley Claydon for over 20 years, becoming a partner in 1995. Specialising in Employment Law, John helps clients with matters including the preparation of recruitment policies and employment contracts as well as advocating in employment tribunals in cases of unfair dismissal or discrimination.
He also has considerable experience of dealing with landlord and tenant disputes and matters relating to business and company sales, commercial investment property transactions and lettings as well as residential estate and offshore property developments.
“I know I’ve done a good job when the business doesn’t need me!”
John is never happier than when spending time with his wife and 2 children, Lucy and Alex. John is Chair of Respect Our Community Awards (ROCA) and a board member of First Choice Homes Oldham. In his spare time, John is likely to be found either reading, cooking or walking Donnie the Golden Retriever.
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.