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.
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