KPMG finds buyer for footwear business

KPMG finds buyer for footwear business

Forty jobs saved by KPMG

Forty jobs have been saved at Solution Footwear Limited after joint
administrators from KPMG found a buyer from Leeds.

Solution Footwear Limited business went into administration on 7 June 2006
and has five shops in Leicester, Derby, Sheffield, Nottingham and Lincoln.

It has now been bought by the Leeds-based company Moda In Pelle.

Richard Philpott, one of the joint administrators from KPMG said: ‘The
business has attracted plenty of interest during the month in which it was in
administration so it’s pleasing to now be able to announce this sale. With a
sale now concluded, we believe that the intention is to re-open all of the
stores as soon as possible.’

Related Articles

Carillion CFO blew whistle over 'sloppy accounting' months before collapse

Business Recovery Carillion CFO blew whistle over 'sloppy accounting' months before collapse

5m Alia Shoaib, Reporter
Toys R Us UK and Maplin enter into administration after failing to secure buyers

Business Recovery Toys R Us UK and Maplin enter into administration after failing to secure buyers

5m Alia Shoaib, Reporter
How to avoid a Carillion collapse

Business Recovery How to avoid a Carillion collapse

6m Russell-Cooke
Carillion collapse: The week so far and industry reaction

Business Recovery Carillion collapse: The week so far and industry reaction

6m Emma Smith, Managing Editor
Kingston Smith & Partners appointed trustees in bankruptcy of ex-Newcastle United footballer

Business Recovery Kingston Smith & Partners appointed trustees in bankruptcy of ex-Newcastle United footballer

6m Emma Smith, Managing Editor
Carillion: PwC appointed as special managers – what happens now?

Business Recovery Carillion: PwC appointed as special managers – what happens now?

6m Emma Smith, Managing Editor
Investment firm acquires Avon Steel Company Limited

Business Recovery Investment firm acquires Avon Steel Company Limited

7m Emma Smith, Managing Editor
Manchester law firm enters into administration

Business Recovery Manchester law firm enters into administration

7m Emma Smith, Managing Editor