Wittner, iconic Australian fashion brand, goes into administration

Wittner, iconic Australian fashion brand, goes into administration

Wittner, the iconic Australian women’s shoe brand founded in 1912, has entered administration as surging operational costs and declining sales forced the century-old company into crisis. Wittner Group Holdings, along with its trading arms Wittner Retail Australia and Wittner Retail New Zealand, has appointed Deloitte administrators Sal Algeri and David Orr to oversee a sale or recapitalisation of the business. The brand, once hailed as Australia…

Century-old shoe brand Wittner calls in administrators

The footwear business has more than 20 branded stores in Australia and New Zealand.

Footwear chain Wittner hopes for new buyer after collapse

Australian footwear chain Wittner is the latest local retailer to face closure, with administrators appointed to manage the 113-year-old company.

Popular Australian footwear brand calls in administrators

The business, which was founded over a century ago, collapsed into administration amid a tough operating environment for retailers.

Wittner the latest retailer to hit the wall, calling in administrators

The company was founded in 1912 and had more than 20 stores and 25 concessions in Myer and David Jones. But costs have risen as sales have struggled, it said.

Legacy footwear brand Wittner calls in the administrators for business reboot

The administrators are seeking expressions of interest from parties interested in buying or recapitalising the 112-year-old brand. The post Legacy footwear brand Wittner calls in the administrators for business reboot appeared first on SmartCompany.