BusinessCompany NewsKPMG called in to review Dolcis options

KPMG called in to review Dolcis options

Firm comes in to look at possibilities for the shoe chain going forward

Dolcis, the shoe chain, has called in KPMG to conduct a review of the group
going forward.

The
Sunday Times
reported that the loss-making business was in rescue talks with
its lenders about an emergency financial restructuring.

Outside investors being brought in or a refinancing are thought to be the
favoured options, but the paper suggested administration was also a last resort
possibility.

Further Reading:

Sunday
Times Dolcis story

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