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Birmingham Post
Birmingham Post
Business
Jon Robinson

Knitwear brand WoolOvers backs away from eyed £7m takeover of Hotter Shoes owner

Hotter Shoes Sussex THG

A knitwear and jersey brand has backed away from a possible £7m takeover of Hotter Shoes' owner.

WoolOvers Group was behind a mooted £6.8m deal for Skelmersdale-headquartered Unbound Group.

The possible deal was first revealed at the end of March in a move which saw shares in Unbound Group more than double in value.

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