Sneakersnstuff Files for Bankruptcy After Closing U.S. Stores
3 Articles
3 Articles
Sneakersnstuff Files for Bankruptcy After Closing U.S. Stores
Sneakersnstuff, the influential Swedish sneaker boutique founded in 1999, has filed for bankruptcy. Co-founder Peter Jansson confirmed the news Tuesday morning on Instagram following a Monday report from the Swedish outlet Ehandel on the company’s filing. According to another story from last week, Sneakersnstuff has made layoffs in addition to ceasing operations in the U.S. and Japan. During the 2023 financial year, operating profit fell in the …
Sneakersnstuff Closes Stores In U.S. And Japan, Declares Bankruptcy
Swedish sneaker company Sneakersnstuff (SNS) has filed for bankruptcy, according to Nordic media site Ehandel. We reported last year that SNS temporarily closed its New York and Los Angeles stores, and now the company is permanently shutting down all U.S. locations along with its operations in Japan. Adding to concerns, CEO Fredrik Malm stepped down in October 2024 and has yet to be replaced.. Company co-founder Peter Jansson is hopeful that SNS…
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