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Birmingham Post
Birmingham Post
Business
Jon Robinson

Hotter Shoes owner puts itself up for sale as it struggles to pay bills

Hotter Shoes

The owner of Hotter Shoes has put itself up for sale as it warns it could struggle to pay its upcoming bills.

Skelmersdale-headquartered Unbound Group has appointed Interpath Advisory to act as joint financial adviser alongside Singer Capital Markets Advisory LLP to manage a strategic review and formal sale process.

The move comes after the group missed out on a planned £10m investment earlier this month after the offer was withdrawn because of concerns over its current trading.

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