Iconic Aussie brand Betts collapses into administration with 20 stores to shut: ‘Not sustainable’
Betts, one of Australia’s longest-running shoe chains, has called in voluntary administrators and will close more than half of its brick-and-mortar stores. Some 15 stores are expected to keep operating, as the iconic shoe company pivots its operations online. The shoe store has been slowly closing outlets in recent years following the shift to online…

